Podcasts about profit first

En este episodio hablamos de cómo criar hijos seguros de sí mismos a partir de las 7 fuentes que nutren su desarrollo emocional, su autoestima y su forma de relacionarse con el mundo. Descubrirás por qué la seguridad de un hijo no se construye desde la exigencia, la perfección o el control, sino desde la presencia, la aceptación, el amor, los límites y el ejemplo diario de sus padres. Una conversación para llevar las 7 fuentes a la práctica y entender cómo cada gesto, palabra y decisión puede ayudar a formar hijos más plenos, auténticos y confiados en quienes son. Si tienes más de 10 colaboradores en tu empresa...¡Aprovecha esta extraordinaria oportunidad! AGENDA AQUÍ    Descarga GRATIS en nuestra página web el libro "Estimado Emprendedor", una guía empresarial y espiritual / alta consciencia para lograr ser un emprendedor dueño de pequeña y mediana empresa exitoso y pleno: https://helpimentoring.com/ Si te está gustando el podcast te pido tu apoyo para suscribirte y dejar un buen review de (5 estrellitas), servirían mucho para que más emprendedores dueños de pequeñas/medianas empresas como tú puedan tener acceso. Sígueme en redes sociales para que me hagas tus comentarios sobre los episodios ¿qué te gustó?, ¿qué no te gustó?, ¿qué te llamó la atención?, para seguir ayudándote y seguir mejorando el podcast. INSTAGRAM: https://www.instagram.com/helpimentoring.com   FACEBOOK: https://www.facebook.com/helpimentoring   Aprovecha toda la ayuda que podemos darte en helpi Mentoring: 1. Con nuestros Master Class virtuales gratis. Por este medio y en Facebook podrás enterarte de los temas, días y horas. Hacemos 4 Master Class al mes. 2. Con nuestros Facebook Live gratis de Lunes a Jueves. https://www.facebook.com/helpimentoring 3. Con nuestro blog que publicamos en nuestra página de Internet: https://helpimentoring.com/blog/ En todos los formatos mencionados anteriormente compartimos herramientas exclusivas de nuestro programa que incluye muchas de las mejores herramientas y metodologías especializadas en pequeñas/medianas empresas a nivel mundial como EMyth (de Michael E. Gerber), Pumpkin Plan (de Mike Michalowicz), Profit First de Mike Michalowicz), Duct Tape Marketing (de Jhon Hantsch), etc. de diferentes áreas (operaciones, finanzas, Capital Humano, Marketing, Ventas, etc.). Mantente positivo y busca ayuda.

It's a common trajectory: Dental schools create great dentists, but they don't create good business owners. Kiera shares three critical (but attainable!) tips for creating a profitable, scalable, and enjoyable practice, so doctors can continue doing the work they love. Episode resources: Subscribe to The Dental A-Team podcast Schedule a Practice Assessment Leave us a review Transcript: Kiera Dent- Dental A Team (00:00) Hello, Dental A Team listeners. This is Kiera. And today I'm excited to chat with practice owners, office managers, and to kind of just talk about like what every practice owner should know. But I think a lot of us learn that too late. Myself included, I feel like business owners, I feel like we are great at our craft, but at business we learn it a little too late. And so I think that like I looked at all of our students at Midwestern and they learned how to be great dentists, but they didn't.   learn how to become great business owners. And we hear this all the time. I'm not saying anything new. I just think that a lot of practices hit ceilings because it's not their clinical skills. It's the business outgrows their knowledge. It's like, hey, take me to the moon. You're like, I've never been to the moon. And so I think just being able to help practice owners today realize in office managers, like leadership systems and financial decisions really are like the core. That's why we call it the yes success model. So you, that's the leadership,   systems and earnings. Like that's really what makes up a successful practice. But I feel like that feels so easy. But I want to just walk through like what are three things that every business owner needs to know to have a profitable, scalable and enjoyable practice. You guys the Dental A Team like we work with hundreds of practices across the nation from startup practices to multi-million dollar offices. And what I realize is the challenges are all the same. Like it's fundamentally stays the same. It just gets bigger or smaller based on the size of practice that you're in. And so   I think so many people know how to work really hard. I think so many people outproduce their problems. I think so many people they just it I hear all the time when people are calling to work with us, like Kiera, I just don't know what I don't know. And so today I just want to go through like, let's just talk about three things that I feel like every single business owner needs to know and some tactical ways that you can implement this. So hopefully it takes you from being stuck to unstuck. If you've heard this in the past, maybe you're hearing it at a different time. I know for me these are three fundamentals that I go back to no matter what phase of the business I'm in.   No matter what size of practice I'm in, none of that. So number one is going to be your leadership is like completely the like growth of your business. And your business will never outgrow your leadership. And so your business is a reflection of you as the leader. I remember reading Jocko Willink's book about that extreme ownership. And it was like everything about your business is a reflection of you. And when so when I'm frustrated of the systems or the scalability or the lack of accountability, that's me. And so when we have that.   I hate this, but I love this. Is where can we get consistency? Where can we stop the firefighting? Where can we like make sure that we've got stronger accountability? And where can we make sure that the doctor's not carrying everything? Because I think so many doctors are like, I'll just do it. I got this. Like, I I'm a hard worker. I know how to GSD. I know how to get through this. But I'm like, okay, we've got to figure out how like being a leader is not just a title. How do we create more clarity and how do we create more consistency? And how do we develop leaders and owners within our organization?   And so for this, like when I look at our leadership and how for you not to get stuck in that, like being a great leader is being able to make hard decisions. Being a great leader is how do I create clarity and consistency for my team? Being a great leader is how do I make sure that my team understands the numbers and we use those numbers to guide our decisions. we were going through a whole list the other day of of topics of leadership. And I was like, gosh, I like leadership is   It's a journey. It's an evolution. It's not something that you just do overnight. and I think about Kiera as a leader when I first started and she was erratic. I was like, I was turbulent. I had so many pieces. but leadership is maturity. it's how do I get people to buy into a vision? How do I rally them and how do I get them to buy into a vision? How am I to be a CEO versus a manager and really understanding the difference of those two hats? How do I have time management where I   Truly focus on the most important things, not just because I'm capable of doing it, but because I'm the only one that can do it. How do I delegate and work through my team? How do I like learn people and work to their strengths and work to their superpowers? Working through my team, not just working with my team, using my team. How do I have the art of influence? How do I grow my team members into incredible people? How do I see that potential when I'm hiring? How do I hire better? How do I figure   like leading, managing, and holding people accountable. How do I have consistency? How am I an example, but not the one who has to do everything? how do I value my team? Do I see them as an asset or a liability? How do I help my team feel valued without being the one who does it all? Like there's a there's a there's a great quote over here today that says I cannot give you the formula for success, but I can give you the formula for failure, which is try to please everybody. And that's by Herbert Swoop. And I thought about that as I was prepping for the podcast today of   That's I think in leadership where I'm not trying to please everybody. I'm going to make decisions that upset people, but I'm always going to make decisions that are in the best interest of the business. how do I own my mindset and make sure that I'm showing up with that clear, sharp mind? How do I have like mental health and grit and make sure I'm having that? What about creating culture, getting a team of ownership, having like my office manager, doctor, duo and having that relationship? What about performance management of my team?   So when I look at this and I think about this, like leadership, like you developing and growing as a leader. And I think that when I go back to this of like a lot of owners just think like I owned it, I got the title of a leader. But leadership is this evolution and this journey. It's becoming, it's evolving. It's all those pieces I listed off, and yet it's not a, it's not a checklist. Like, how do I learn to listen and not react? How do I learn to have my team come up with solutions rather than me?   So I rattled off a lot and all those can hit people at different phases of business. And I believe that I can check one of those off and then I can move. And then my team will double in size or our business will double in size. And I might have to go back to the beginning and the basics again of like, all right, I gotta figure out again how to work through my team. we went from having where me and our team was doing it to where now we're bringing on the C suites and the leader I need to become to manage a C suite versus the leader I needed to be.   Run when Tiff and I were just running the business together. The way I act and interact with my EA and personal assistant today versus when I first had one. It's an evolution. It's a leadership. It's an evolution of who you are. And so it's how do how do we become better at leadership? And I would say listen to podcasts, read books. some I I go back to fundamentals. I read the go giver constantly, I read traction a lot. It's so but boring. Like, sorry, Gino, it's very boring.   read the book, How to Be a Great Boss, Crucial Conversations, Discipline Without Punishment. Those are just some great books, but also look at great leaders and what do they do. For me, I'm a big mimic and mirror. So I talk to people, I talk to dentists that have really great cultures. This is why I love our mastermind group. I bring the best of the best of the best together. And I know because we work with all of them and I know our dentists personally, I have a lot of my great core leaders that I know are just dynamite leaders.   I have them share what do they do? How do they have it? How do they have performance reviews? How do they give cr like critical feedback? Some of the dentists early on in my career. I had them practice these conversations with me, like literally would have to send me voice memos. Practice your leadership skills. Use a consultant. Let's talk through how we're gonna have this conversation, how are we gonna talk to our team about this? But really I think like if I break it down to the nuts and bolts, it's how do I get a team to buy into a vision? How do I make sure that we hold accountability and ownership?   And how do I make sure that I maintain consistency and clarity? I think if I boiled it down and that's a rift on my own side, like not prepped, those would be the pieces I'd boil down. And so how do you become a stronger leader in those areas? And again, there's just indecision is worse than a wrong decision. And so just making those decisions, being more confident in yourself. someone once said like 2.0 is sitting here, and I think about Kiera 2.0, like she wasn't born, she was created.   Leaders are not born, they're created. You've got to like flex and strengthen that leadership skill because your practice can never outgrow your leadership. And if you want to get to the next level of growth, whether that's financially, whether that's profitability, you have to flex and become a different leader. If you've got pure chaos in your office, that's you. If you've got people who aren't falling through, that's you. And that doesn't mean you have to go fix it. I mean, that's you tolerating that. And that's the standards of your practice. Your business will always fall, not to what you say, but what you tolerate.   And so being that leader that raises the standards, I this year I was annoyed. I was like, okay, we're going for outcomes over activity. I realized I was tracking activity, but that's not moving our company forward. We need to be tracking outcomes. Our team is flourishing. But me as a leader, I need to be looking down the line and seeing, and I need to be developing myself as well. I go to the gym, I put myself into a complete fitness competition where I wanted to get to my best physical, like PRs, physical fitness. I went through   A cut. I've never done a cut before. I push myself physically, mentally, often because to me that's a a different pressure test that's gonna sh like allow me to show up better as a leader as well. So it doesn't even have to just be within your practice. Discipline at the gym, discipline in working out, discipline in how you show up, discipline in how you eat, those things are going to make you a far superior leader. I will tell you.   Going through a cut where I had the least amount of calories, I was the strongest, most sharpest leader I've ever been. And I was exhausted. But I knew I needed to show up and I needed to be stronger and I needed to think better ways. So those are going to be some zones hopefully that will help you on leadership. The other one that I found that a lot of people miss is we talk about so often, but systems truly do create freedom, not restrictions. And I think people think that they need to have really strong and lots of systems. And even our team was doing this, but realistically.   There's just a few core systems that need to be in place. There's not a lot of systems that actually need to be there, but they do need to be consistent. They do need to be scalable, and they do need to be followed through on. And so when we look at it, our team was going through and there's there's business fundamentals like core value, vision, mission, org chart, meeting cadences, figuring out our BAM, figuring out our projections, looking at our overhead. Like those are business fundamentals. And then there's systems. And we actually broke it down and we're like, gosh, if we just put into place like 10 core.   Most things are going to get better. Most things are going to get fixed. Most things are going to get resolved. But they're not sexy. They're not fun. They're not things that I'm like, my gosh, like, let me get on a podcast and tell everybody, like, let's just fix these seven items. But that's all it really is. But I think that what happens is we want to continue to scale. We want to continue to build. For me, I want to reinvent, reinvent, reinvent, reinvent. But that's actually not something that's going to grow us. And so it's like,   Just having KPIs that we track and monitor and we use those to make our decisions, having a solid morning huddle with an agenda, following set meeting cadences, having proper handoffs, having a proper scheduling protocol, having case acceptance protocols, having a collections protocol, working on new patients and referrals, having a period protocol, recare reactivation. Like those are really core items that if you have those systems where you follow them and we scale them and everybody's doing it the same way, 95% of your problems get fixed.   Of course, there's other ones. There's hiring, there's onboarding, there's leadership, there's all these other ones. But I think so many people don't want to just be at the basics. We want to reinvent the will. We want to do these things, like have job descriptions at the end of days. Like just do it. It's boring. It's not fun. People are like, wow, wow. We have to have a a morning huddle prep sheet. Why do pilots have checklists? Like the checklist manifesto. They create freedom, they create predictability, and they create systemization. That's all you need to do.   And I found that when offices follow it, when we have it in place. And for me, I also don't want systems to be something that people have to remember. How can I have it as a true system like Chick-fil-A where their burgers come out with three pickles every single time? How do I make sure that our schedule has the same system every single time? How do I make sure that our our handoffs have the same thing every single time? And I don't have to hope that 15 team members remember it. We're gonna put this in to where we have it consistent every single time, no matter who's doing it, no matter what new team member comes in.   That is scalability with systemization. And so have it documented, have it simple, have it repeatable. That's gonna get duplicated. So I think for offices, systemization really that that's the core. That's the systems. It's not sexy, but it is very, very effective. And then the third things that I think a lot of people don't realize, including myself, is you have to know your numbers better than anyone else. That's better than your CPA, better than your financial advisor. You have to know, and that's not just production, that's profit. Like I remember someone said,   production feeds the ego, profit feeds the family. And I think about this all the time. Like, you have to know your production. And I'm talking net, not gross, your collections, your overhead. Then within your overhead, like what is our payroll? What is our supplies? What's our marketing? What are our labs? What's our profitability? And then what's our billing and our AR? You know those numbers. You're solid. You can make so much stronger decisions. You don't, you have financial surprises, you make poor decisions, you're on reactive rather than proactive.   You grow, but you don't have profit. Like, I can't tell you how many offices I've that are singing the five, six, seven, eight million and they have no money. And I'm like, golly, you're making so much money, but you don't know how to keep the money. You gotta make the money and you gotta keep the money. All right. Like that's what we gotta do. So you have to make sure that our profit is there and we can't be willy-nilly. To me, you guys know I talk about the MMs. I do money and meditation in the morning. So triple for you morning, meditation, money. Look at it every single day. Look at your P and L.   If you don't know your overhead and your profit right now without looking, you gotta know it better. You have to. And that's a doctor and an OM. You must know this number. This number creates all the drive. Profit is the only number I actually care about. Like I can sit here, we can track all the KPIs, so many things, but if your profits down, everything else in your life is hard. Your profits up, most things in your life are really easy. Money solves a lot of problems. And so let's have profit. Let's have like I'm stressed out, I'm moving my hair around. Like   I don't enjoy this. This stresses me out because you've got to know your numbers better than anyone else. You don't sit here and lie, if your CPA is not delivering to you by the second of the month, like the second week of the month, get a better CPA. Like they work for you. You have to know your numbers. You have to be confident in them. And if things fill off, challenge it, question it until it gets right. Don't just sit here haphazardly. That is not a strong business owner. This one fires me up more than anything because I used to not know my numbers. My husband was like, Kiera, I don't get it. Why are you broke? And like,   I don't know. Well, I learned this great thing about AR. I had like a hundred grand sitting in AR that I didn't know about. We weren't collecting properly. You better believe I fixed that real fast to where I'm never gonna be in that situation again. And you layer by layer by layer, you get more and more and more financially savvy, but you have to know your numbers better than anyone else. You know your production numbers or so, I hope. If you don't know that number, but do you know your collections? Do you know your collection percentage? Do you know your overhead? Do you know your payroll percentage? Do you know your supply sip? If you don't,   You must learn that. So I'll get off my rant. But this was funny. They said production is a vanity, profitability is a reality. And I think that that's a good anchor line of yes, it is. Profitability is your reality. So your numbers are gonna tell the truth whether you choose to look at them or not. The truth is always there. Some of us don't want to like get on the scale and say weigh. I had a great trainer tell me, she's like, Kiera, that number means nothing other than giving us data and information. It's not my   Self-worth, it's nothing. Just like your profitability is just a number on a scale. It just gives us data. If we spend more money on payroll, this is the number that we get. We make better decisions if we know. But I will tell you, your success, your happiness, your stress is all tied to you knowing these numbers or not. And a lot of people are like, no, no, no, I don't want to. Yeah, right. You're sitting in stress constantly that you don't even realize. So know your numbers. Schedule a monthly financial review. Commit to knowing the story behind your numbers.   Like, do money meditation with me every morning. Just have your bank account on there. Just look at it every morning. Look at your PL every day. I don't care. Do not sit in excuses on your money. You're a business owner, you've got to know this. So I hope that wasn't too much of a rant. But I hope it gave you some good tips on how to have leadership. some good money books. I love Profit First by Mike McAllicks. I also love Money Master the Game by Tony Robbins. That was a long book, but it taught me a lot.   there's some great financial podcasts out there. there's also some really crummy ones. I The Psychology of Money was another great one that I read that was on financial. systems, the checklist manifesto is a great one. Come up for air is a great book. There's several great books based on where you're struggling. But if you notice, this is our yes success model. You as a leader, earnings and profitability, system structure and scale. That's what it is. And every single one of those will give you the yes success model.   You've got to take care of them. You've got to do leadership. You've got to do profitability. You gotta do systems. The yes success model follows constantly. So what part are you the weakest in? What part are you the strongest in? And where do you need to grow? This is the zone like you're not a great practice is not built by accident. It's intentional, it's focused, it's consistent. I had another great trainer. She said, Kiera, it's not about perfection, it's about consistency. That's I don't care if last month you didn't look at your numbers.   I do care if you consistently are not looking at the numbers. You aren't, I'm not expecting perfection, but we do have to have consistency. So how can you have more consistency? And if you're feeling overwhelmed, it doesn't mean you're failing. It just means that you've outgrown the current systems, you've outgrown where you're at, you've outgrown the knowledge. It's kind of like the Wi-Fi symbol. You're just popping up to the next level. And your next level of growth comes from working harder. Like it can, but it usually comes from knowing your business better, leading better, making better decisions with finances. So this is what we're obsessed with.   I love to help you. I love our team to help you. I love you to be a part of our community. We talk about this every single month. We talk about this in person. Come be a part of it. Like for me, I'm not going to get a six-pack without a trainer overseeing me. You might not be able to grow your business without a trainer overseeing you, an advisor helping you, somebody getting you out of the rut, somebody helping you get to that next Wi-Fi symbol. So let's help you out. Reach out. Hello at the Hello@TheDentalATeam.com. You guys, this is your life, your practice. And I feel like these things are not known. I feel like they're kind of known.   But knowing and executing are the difference between winning and losing. Are you just gonna know the facts or are you gonna actually execute on it? The challenge is there, the choice is there, and I hope that you choose to be somebody who executes. Reach out, let's get you out of the hole. Come on, let's do Hello@TheDentalATeam.com. And as always, thanks for listening, and I'll catch you next time on the Dental A Team podcast.  

You've heard the dreaded B word. Budget. Maybe you've never found one that actually sticks or maybe you're the opposite, and you feel pretty on top of your money already. Either way, this episode is going to shift how you see it.I first found Mike Michalowicz back in 2019 when I read Profit First, and it completely changed how I manage the finances here at The Pink Bee. So when his newest book, The Money Habit, came out, I devoured it. This one applies those same principles to home finances, which means you'll love it even if you're not an entrepreneur. One of my favorite parts of this conversation is when Mike and I realized his money system works exactly like the way our community already plans their time. Turns out the thing that finally makes your money make sense is treating your bank account like your calendar.In This Episode, I'll Cover:Why traditional budgets set you up to fail before you even start, and what Mike says to build instead.The number of hours a day the average person spends worrying about money, backed by a 2025 study that genuinely stopped me in my tracks.The system Mike uses to take money out of one confusing pile and give it the same at-a-glance clarity your calendar has.The one word swap that changes whether you stay buried in debt or actually dig your way out.Where to start if the whole thing feels like too much, because you do not have to do it all at once.Connect With Mike Michalowicz:www.mikemotorbike.comwww.facebook.com/MikeMichalowiczFanPage www.instagram.com/mikemichalowicz www.linkedin.com/in/mikemichalowicz ________________________________

En este episodio reflexionamos sobre el regalo más valioso que puedes darle a tus hijos: no solo bienes, oportunidades o consejos, sino tu presencia, tu ejemplo y una versión de ti más consciente. Hablamos de cómo muchos padres trabajan para darles "lo mejor", pero en el camino pueden olvidar que lo que más marca a un hijo es sentirse visto, escuchado y acompañado. Una reflexión para recordar que el verdadero legado no está solo en lo que construyes para ellos, sino en la conexión, los valores y la forma en que aprenden a vivir a través de ti.   Si tienes más de 10 colaboradores en tu empresa...¡Aprovecha esta extraordinaria oportunidad! AGENDA AQUÍ    Descarga GRATIS en nuestra página web el libro "Estimado Emprendedor", una guía empresarial y espiritual / alta consciencia para lograr ser un emprendedor dueño de pequeña y mediana empresa exitoso y pleno: https://helpimentoring.com/ Si te está gustando el podcast te pido tu apoyo para suscribirte y dejar un buen review de (5 estrellitas), servirían mucho para que más emprendedores dueños de pequeñas/medianas empresas como tú puedan tener acceso. Sígueme en redes sociales para que me hagas tus comentarios sobre los episodios ¿qué te gustó?, ¿qué no te gustó?, ¿qué te llamó la atención?, para seguir ayudándote y seguir mejorando el podcast. INSTAGRAM: https://www.instagram.com/helpimentoring.com   FACEBOOK: https://www.facebook.com/helpimentoring   Aprovecha toda la ayuda que podemos darte en helpi Mentoring: 1. Con nuestros Master Class virtuales gratis. Por este medio y en Facebook podrás enterarte de los temas, días y horas. Hacemos 4 Master Class al mes. 2. Con nuestros Facebook Live gratis de Lunes a Jueves. https://www.facebook.com/helpimentoring 3. Con nuestro blog que publicamos en nuestra página de Internet: https://helpimentoring.com/blog/ En todos los formatos mencionados anteriormente compartimos herramientas exclusivas de nuestro programa que incluye muchas de las mejores herramientas y metodologías especializadas en pequeñas/medianas empresas a nivel mundial como EMyth (de Michael E. Gerber), Pumpkin Plan (de Mike Michalowicz), Profit First de Mike Michalowicz), Duct Tape Marketing (de Jhon Hantsch), etc. de diferentes áreas (operaciones, finanzas, Capital Humano, Marketing, Ventas, etc.). Mantente positivo y busca ayuda.

En este episodio hablamos de cómo aplicar Profit First en tu empresa para dejar de administrar el dinero solo después de pagar gastos, deudas y urgencias. Descubrirás por qué la utilidad no debería ser "lo que sobra", sino una decisión financiera que se separa desde el inicio para darle más orden, claridad y estabilidad al negocio. Una conversación para entender cómo este método puede ayudarte a manejar mejor tu flujo de efectivo, tomar decisiones con más conciencia y construir una empresa que no solo venda, sino que también genere ganancias reales. Si tienes más de 10 colaboradores en tu empresa...¡Aprovecha esta extraordinaria oportunidad! AGENDA AQUÍ    Descarga GRATIS en nuestra página web el libro "Estimado Emprendedor", una guía empresarial y espiritual / alta consciencia para lograr ser un emprendedor dueño de pequeña y mediana empresa exitoso y pleno: https://helpimentoring.com/ Si te está gustando el podcast te pido tu apoyo para suscribirte y dejar un buen review de (5 estrellitas), servirían mucho para que más emprendedores dueños de pequeñas/medianas empresas como tú puedan tener acceso. Sígueme en redes sociales para que me hagas tus comentarios sobre los episodios ¿qué te gustó?, ¿qué no te gustó?, ¿qué te llamó la atención?, para seguir ayudándote y seguir mejorando el podcast. INSTAGRAM: https://www.instagram.com/helpimentoring.com   FACEBOOK: https://www.facebook.com/helpimentoring   Aprovecha toda la ayuda que podemos darte en helpi Mentoring: 1. Con nuestros Master Class virtuales gratis. Por este medio y en Facebook podrás enterarte de los temas, días y horas. Hacemos 4 Master Class al mes. 2. Con nuestros Facebook Live gratis de Lunes a Jueves. https://www.facebook.com/helpimentoring 3. Con nuestro blog que publicamos en nuestra página de Internet: https://helpimentoring.com/blog/ En todos los formatos mencionados anteriormente compartimos herramientas exclusivas de nuestro programa que incluye muchas de las mejores herramientas y metodologías especializadas en pequeñas/medianas empresas a nivel mundial como EMyth (de Michael E. Gerber), Pumpkin Plan (de Mike Michalowicz), Profit First de Mike Michalowicz), Duct Tape Marketing (de Jhon Hantsch), etc. de diferentes áreas (operaciones, finanzas, Capital Humano, Marketing, Ventas, etc.). Mantente positivo y busca ayuda.

Running an elementary school in rural British Columbia hasn't stopped this Ruckus Maker from building an indoor worm farm, growing hydroponic lettuce, and taking a self-funded year off to reset — proof that a principal's personality is not a distraction from the job. Dan Watt is a Mastermind Coach inside the Ruckus Maker community and a recurring co-host of the Ruckuscast, known for turning "pay yourself first" into a leadership philosophy that's kept him energized four years into the role. Joining him is Mitch Weathers, CEO and author of Executive Functions for Every Classroom, whose work on entry plans and executive functioning has become required reading for school leaders trying to build systems that actually stick. Find them both at betterleadersbetterschools.com. Principal burnout doesn't start with too many emails — it starts the moment you decide the job requires you to leave your actual personality at the door. This episode is an Adorable Red Hats reunion where two veteran school leaders make the case that worm farms, hydroponics, and paying yourself first aren't distractions from leadership — they're the thing that makes it sustainable.

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En este episodio reflexionamos sobre Profit First, el método de Mike Michalowicz que propone una forma distinta de manejar el dinero dentro del negocio: separar primero la utilidad, antes de que los gastos se lo coman todo. Hablamos de por qué muchos dueños de empresa venden, cobran y trabajan duro, pero aun así sienten que el dinero nunca alcanza o que la utilidad aparece solo "si sobra algo". Una reflexión para empezar a mirar tus finanzas con más orden, conciencia y responsabilidad, entendiendo que un negocio sano no solo debe vender más, también debe aprender a conservar, administrar y generar ganancias reales. Si tienes más de 10 colaboradores en tu empresa...¡Aprovecha esta extraordinaria oportunidad! AGENDA AQUÍ    Descarga GRATIS en nuestra página web el libro "Estimado Emprendedor", una guía empresarial y espiritual / alta consciencia para lograr ser un emprendedor dueño de pequeña y mediana empresa exitoso y pleno: https://helpimentoring.com/ Si te está gustando el podcast te pido tu apoyo para suscribirte y dejar un buen review de (5 estrellitas), servirían mucho para que más emprendedores dueños de pequeñas/medianas empresas como tú puedan tener acceso. Sígueme en redes sociales para que me hagas tus comentarios sobre los episodios ¿qué te gustó?, ¿qué no te gustó?, ¿qué te llamó la atención?, para seguir ayudándote y seguir mejorando el podcast. INSTAGRAM: https://www.instagram.com/helpimentoring.com   FACEBOOK: https://www.facebook.com/helpimentoring   Aprovecha toda la ayuda que podemos darte en helpi Mentoring: 1. Con nuestros Master Class virtuales gratis. Por este medio y en Facebook podrás enterarte de los temas, días y horas. Hacemos 4 Master Class al mes. 2. Con nuestros Facebook Live gratis de Lunes a Jueves. https://www.facebook.com/helpimentoring 3. Con nuestro blog que publicamos en nuestra página de Internet: https://helpimentoring.com/blog/ En todos los formatos mencionados anteriormente compartimos herramientas exclusivas de nuestro programa que incluye muchas de las mejores herramientas y metodologías especializadas en pequeñas/medianas empresas a nivel mundial como EMyth (de Michael E. Gerber), Pumpkin Plan (de Mike Michalowicz), Profit First de Mike Michalowicz), Duct Tape Marketing (de Jhon Hantsch), etc. de diferentes áreas (operaciones, finanzas, Capital Humano, Marketing, Ventas, etc.). Mantente positivo y busca ayuda.

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Zach Richards is a private lender and co-founder of REI Capital Guys, who made his first private loan in July 2020 using $100,000 of his own savings while still working a software job. He now runs a lending fund with his business partner, doing loans across the country while living rurally in New England, keeping bees, and volunteering with mountain search and rescue.This episode covers how to break into private lending, how lenders structure deals differently than banks, and how to put idle capital in your Profit First tax and reserve accounts to work. If you have money sitting on the sidelines in a savings account, an old 401(k), or an IRA and you want it working harder, this conversation is for you.Timeline Summary[1:43] – Zach's background and why private lending appealed more than managing tenants[2:28] – The nightmare tenant in his duplex that soured him on rentals for good[3:10] – Three to four months of books, attorneys, and local meetups before ever lending a dollar[3:37] – His first deal in July 2020, a $100,000 loan to an experienced flipper that paid back in six months[4:44] – Why a good attorney on your loan documents is the difference between safety and disaster[5:29] – Zach admits the $100,000 was the bulk of his savings and how he talked himself into it[6:31] – How private lenders beat banks on speed by lending against the asset, not your tax returns[6:52] – His actual terms: 80% of purchase, 100% of repairs, up to 65% to 70% of ARV[7:43] – Why relationships matter so much that repeat borrowers get a yes over text[8:46] – The mental shift from a stable W2 paycheck to lumpy business owner cash flow[10:38] – The software engineer who had to force himself to build relationships instead of hiding in numbers[11:37] – Why he and his partner merged two separate lending companies to launch a fund[13:17] – The partnership secret: a disagreement is usually a different route to the same goal[18:17] – Whether you should move Profit First tax and reserve money out of low-yield bank accounts[19:13] – The liquidity rule: don't buy property with tax money, but shorter-term lending can work[21:04] – Why a borrower with a Profit First system looks more organized and more likely to execute[22:17] – What he's seeing in the market with properties sitting 30 to 45 days instead of selling overnight[24:08] – When to get into private lending and how to lend from a self-directed IRA or HELOC5 Key TakeawaysPreparation Beats A Track Record — Zach underwrote his first deal with zero lending history because he spent months on books, attorneys, and meetups first. The prep work is what made his first loan a win instead of a lesson.Private Lenders Win On Speed — Banks want tax returns, pay stubs, and 30 days. Private lenders underwrite the asset, which is why a flipper will pay more for a fast close and a real relationship.Know Your Stress Tolerance — Going from a W2 paycheck to business owner income means great months and dead ones. Learning to sit with that swing is a skill you have to build on purpose.Idle Capital Is Costing You — Money parked in Profit First tax and reserve accounts earning 1% could be lent out instead. Just respect liquidity so the cash is back when you need it.Build The Business Around The Life — Zach designed a business in a backpack so he could live rurally, keep bees, and run search and rescue. Putting first things first is the Profit First mindset applied beyond money.Links & ResourcesREI Capital Guys Self-Directed Rollover Guide — https://reicapitalguys.community/rollover-guide Simple CFO — https://simplecfo.com • Email Zach Richards — zach@reicapitalguys.comEnjoyed This Episode?If Zach's story about turning $100,000 in savings into a private lending fund got you thinking about the money sitting idle in your own accounts, don't let it keep collecting dust. Share this episode with an investor who's been curious about getting on the lending side of the table, and follow the show and leave a rating and review so more real estate investors can find these conversations.

David Richter of Simple CFO has talked with thousands of entrepreneurs about their finances, and he keeps running into seven-figure real estate businesses operating with no QuickBooks file, no spreadsheet, and no numbers at all. In this solo episode he lays out what real-time financial reporting actually looks like and why stale numbers wreck your decisions.If your books close 30 or 60 days late, you're steering your business by gut feeling instead of data. This episode covers how fast your reporting should really be, the red flags that tell you your bookkeeper doesn't know real estate, and the specific things every investor should be checking on the balance sheet, P&L, and cash flow statement.Timeline Summary[0:26] – The core premise: if your reporting is 30 days old, your decisions are 30 days wrong[0:53] – A real client story of numbers arriving 60 days late and being wrong when they did[1:31] – Seven-figure businesses running with no QuickBooks, no spreadsheet, not even numbers on a napkin[2:12] – What good reporting actually is: it helps you make a decision[3:04] – Why entrepreneurs lose sleep at night, and it's not because they're losing money[3:48] – The realistic reporting timeline: weekly or bi-weekly, monthly at the absolute latest[4:08] – Internal bookkeepers should deliver in 1 to 5 days, third parties in 5 to 15, never over 30[4:32] – Red flag number one: your bookkeeper doesn't understand the real estate industry[5:17] – Red flag number two: as the owner, you don't know what to look for[5:36] – Balance sheet basics: negative asset or liability accounts are always a warning sign[6:22] – Why an in-progress fix and flip on your P&L instead of the balance sheet is a red flag[7:00] – Red flag number three: not tracking your actual cash movement[7:22] – Breaking down the cash flow statement and its three activity categories[7:42] – The gap between a $50,000 P&L profit and a $5,000 bank balance[8:42] – Gut feeling can get you to seven figures in revenue but won't let you keep it[9:39] – Why Profit First works as a simplified cash flow statement that names every dollar5 Key TakeawaysStale Numbers Equal Wrong Decisions — If your reporting runs 30 or more days behind, you're making decisions on outdated information. Aim for weekly or bi-weekly reporting, with monthly as your absolute ceiling.Hire A Bookkeeper Who Knows Real Estate — A warm body with general bookkeeping experience won't code your deals or exit strategies correctly. If your bookkeeper is guessing where things go, they're the wrong person.Learn The Balance Sheet Red Flags — Negative asset or liability accounts are never normal. An active fix and flip belongs on the balance sheet until it sells, not on your profit and loss.Track Cash Movement, Not Just Profit — A P&L showing $50,000 in profit means nothing if your bank account holds $5,000. The cash flow statement tells you where the money actually went.Gut Feeling Has A Ceiling — Instinct can get you to seven figures in revenue, but it won't let you keep it. Without real numbers you may hold 10% or less, or go negative.Links & ResourcesSimple CFO — https://simplecfo.com Profit First for Real Estate Investors — https://profitfirstrei.com Enjoyed This Episode?If David's rundown of balance sheet red flags made you want to pull up your own books right now, that's the point. Share this episode with an investor who's still running on gut feeling, and if it gave you a new perspective on your numbers, follow the show and leave a rating and review so more real estate investors can stop guessing and start deciding.

En este episodio hablamos de las 7 fuentes del amor incondicional y de cómo pueden ayudarte a reconstruir la conexión con tu pareja desde un lugar más profundo, consciente y verdadero. Descubrirás por qué una relación plena no se sostiene solo con tiempo juntos, sino con presencia, escucha, aceptación, gratitud, respeto y la decisión diaria de volver a mirarse con amor. Una conversación para reflexionar sobre aquello que le da sentido a todo lo demás: la calidad de tus vínculos, la manera en que amas y la posibilidad de construir una relación que no solo acompañe tu vida, sino que también la nutra. Agenda ahora mismo y toma acción inmediata en el crecimiento de tu empresa! Esta evaluación te hará saber si eres candidato para nuestra membresía, la cual te ayudara a implementar todas nuestras herramientas probadas en tiempo record de la mano de un coach certificado. Si tienes más de 10 colaboradores en tu empresa...¡Aprovecha esta extraordinaria oportunidad! AGENDA AQUÍ    Descarga GRATIS en nuestra página web el libro "Estimado Emprendedor", una guía empresarial y espiritual / alta consciencia para lograr ser un emprendedor dueño de pequeña y mediana empresa exitoso y pleno: https://helpimentoring.com/ Si te está gustando el podcast te pido tu apoyo para suscribirte y dejar un buen review de (5 estrellitas), servirían mucho para que más emprendedores dueños de pequeñas/medianas empresas como tú puedan tener acceso. Sígueme en redes sociales para que me hagas tus comentarios sobre los episodios ¿qué te gustó?, ¿qué no te gustó?, ¿qué te llamó la atención?, para seguir ayudándote y seguir mejorando el podcast. INSTAGRAM: https://www.instagram.com/helpimentoring.com   FACEBOOK: https://www.facebook.com/helpimentoring   Aprovecha toda la ayuda que podemos darte en helpi Mentoring: 1. Con nuestros Master Class virtuales gratis. Por este medio y en Facebook podrás enterarte de los temas, días y horas. Hacemos 4 Master Class al mes. 2. Con nuestros Facebook Live gratis de Lunes a Jueves. https://www.facebook.com/helpimentoring 3. Con nuestro blog que publicamos en nuestra página de Internet: https://helpimentoring.com/blog/ En todos los formatos mencionados anteriormente compartimos herramientas exclusivas de nuestro programa que incluye muchas de las mejores herramientas y metodologías especializadas en pequeñas/medianas empresas a nivel mundial como EMyth (de Michael E. Gerber), Pumpkin Plan (de Mike Michalowicz), Profit First de Mike Michalowicz), Duct Tape Marketing (de Jhon Hantsch), etc. de diferentes áreas (operaciones, finanzas, Capital Humano, Marketing, Ventas, etc.). Mantente positivo y busca ayuda.

“Let’s keep in mind, rapid growth consumes cash. You burn cash to grow your firm.” – RJon Robins, author of Profit First for Lawyers Growing your law firm requires more than wishful thinking. It requires a deliberate plan. This episode pulls from RJon’s original 2021 livestream, where he spoke through the material that would eventually become Profit First for Lawyers. The core message is simple, yet one that is often misunderstood: temporarily sacrificing higher profit margins can be a smart investment when it’s part of a long-term strategy for building a stronger, more profitable firm that serves more people. A Tale of Two Law Firms Through a simple comparison of two law firms, RJon demonstrates why a firm growing according to a deliberate business plan may report lower profit margins today while creating significantly greater profit, stability, and opportunity in the future. Growth consumes cash. Hiring talented team members, investing in better systems, improving marketing, and expanding your firm’s capacity all require financial resources. The key isn’t avoiding those investments. It’s making them intentionally with a clear plan for where you’re headed. Intentional Growth Requires Investment Some of the most valuable returns on intentional growth never appear on a profit and loss statement. As RJon explains, a strong law firm creates more than financial profit. It creates greater personal freedom, increased stability, and the confidence that your business can continue operating even when you step away. The goal isn’t simply to maximize today’s profit percentage. It is to build a law firm that creates greater value over time. Mentioned Episode 75: Defining Success Chapter 9 of Profit First for Lawyers Connect Subscribe to the Profit First for Lawyers podcast Watch episodes on YouTube And most importantly, order your copy of Profit First for Lawyers today!

In this episode of the #DoorGrowShow, Jason Hull sits down with entrepreneur, author, and business strategist Leigh Angman to explore the principles behind building sustainable, profitable businesses. Leigh introduces the SPRUCTIS framework, a system focused on profitability, systems, communication, technology, integrity, and sales. Jason and Leigh discuss why so many business owners operate without knowing their true financial health, the importance of surrounding yourself with people who elevate your business, and how documenting processes protects long-term growth. They also dive into the mindset behind entrepreneurial success, including the power of "delusional optimism," making decisions through the Pleasure Utility Determinant (PUD), and why success often comes down to consistently making slightly more right decisions than wrong ones. You'll Learn [00:00] Introduction to Leigh Angman and the SPRUCTIS Framework [01:29] Leigh's First Entrepreneurial Lesson at Six Years Old [05:07] Why Every Business Owner Should Know Their Profitability [06:22]] Breaking Down the SPRUCTIS Business Framework [15:02 Delusional Optimism and Thinking Beyond Realistic Goals [21:13] The Pleasure Utility Determinant (PUD) Explained [24:13] Better Decision-Making Through Value and Mindset  Quotables "You cannot make intelligent decisions about your business if you don't know what your financial health is." — Leigh Angman " "The only way that I've been able to find success... is to surround myself with people that are smarter than I am." — Leigh Angman ""If you think you can or you cannot, you're absolutely correct." — Leigh Angman Resources DoorGrow and Scale Mastermind DoorGrow Academy DoorGrow on YouTube DoorGrowClub DoorGrowLive Transcript Jason Hull (00:00) All right, I'm Jason Hull, the owner and founder of DoorGrow, the world's leading and most comprehensive coaching and consulting firm for long-term residential property management entrepreneurs. For over a decade and a half, we have brought innovative strategies and optimization to the property management industry. At DoorGrow, we are on a mission to transform property management business owners and their businesses.   We want to transform the industry, eliminate the BS, build awareness, change perception, expand the market, and help the best property management entrepreneurs win. Now let's get into the show. In today's episode, here on the DoorGrow Show, we have Lee Angman, serial entrepreneur, business strategist, author of Spruptus from Insight to Action with over 20 years of experience founding and scaling companies across hospitality, tech, and real estate.   Lee is going to be sharing his practical framework for small to medium-sized business success. And we're going to talk dive into a bunch of topics like mindset, delusional optimism, and the pleasure utility determinant PUD for redef redefining success and the best free technology tools entrepreneurs can leverage to scale smarter. Lee, welcome to the DoorGrow Show.   Leigh Angman (01:12) Thank you so much, Jason. ⁓ it's a pleasure to be here.   Jason Hull (01:15) Great, so where I'd love to start is why don't we dig into your background? I want people to get a feel for who you are and how you sort of arrived where you are right now in life in your entrepreneurial journey. How did your entrepreneurial journey sort of start?   Leigh Angman (01:29) ⁓ I I like to talk about the first taste of entrepreneurialism that I got. I was six years old and I was at a a rodeo in the the north of British Columbia, province of British Columbia. I'm Canadian up here. And I was sitting with my family and watching this is this was, you know, 40 something years ago, ⁓ and watching rodeo events. And my father just kind of leaned over to me and he said,   Hey, take a look around, what do you see? And I saw, of course, a bunch of ⁓ recyclable bottles that the friendly patrons of this rodeo had been consuming during the day. And he said, you know, if you round those up, because they're just at people's feet and you take them back to the point of purchase, they'll give you you know, for X number of bottles that you out, they'll they'll give you a quarter. And I said, You kidding me? He said, No, go ahead. So I started and I excuse me, could I could I get that? Could I get that? Remember, I was only six years old at the time.   So it was very interesting. And I, and I certainly recall thinking about that beautiful sunny day many times, you know, 12, 15 years later when I was working at a at a   you know, a fast food restaurant or a gas station. It was in those days, no matter how hard I worked, I got paid the same. And I much, much preferred that original story of being back and being able to work harder or work smarter. and it and it took several years after working in in restaurants to get into the entrepreneur world. But it's been over 25 years now since I have have been kind of owning and operating businesses. And   Jason Hull (02:36) Yeah.   Leigh Angman (02:59) I like to say that the the worst possible definition of hell that I can imagine is being at a desk on Monday morning at nine o'clock simply because Mr. Johnson tells me that I have to be there.   Jason Hull (03:09) Alright, well let's see if we can all win against Mr. Johnson. So all right, so ⁓ cool. Well let's let's get into the topic topics at hand. where should we start? ⁓ y we could start with the spructus or we could start with ⁓ you know, some of your mindset things, what w we   Leigh Angman (03:26) Sure. They all they   all flow from the book. I took two years and launched last November, two years to write a book. I found myself ⁓ evolving processes that have been applied to various businesses that I have owned and operated, been a part of. and most recently we I I've owned I've owned restaurants and pubs in Vancouver for twenty-three years now, give or take. and   What I like to say, and when I'm speaking to other entrepreneurs and business owners about this, is do you know what your profitability is every two weeks? And if they say yes, then there's not much I could do to help them. But there's you'd be surprised how many entrepreneurs that operate small to medium businesses, and I define that as something that does up to about $15 million in annual revenue. you'd be surprised how many of those people don't know what their profitability is.   Until you know a couple of weeks after their chartered accountant delivers them their financials at the end of the year. And it's a terribly frightening concept for me to absorb that you cannot make intelligent decisions about your business if you don't know what your financial health is. So Spructus, which is the name of the book that I wrote, which stands for systems, processes, redundancy, urgency, communication, technology, integrity, and sales.   Is really a framework that covers a lot of those things that are defined by the individual letters of the word. But but one of the very most important parts of it in there, it clearly defines   a framework   that has been refined over the last 15 or 20 years that allows us complete insight into the business.   ⁓ we know what our profitability is to the penny every eight to fourteen days. And if there's anything that someone takes from that book, it's a very clear roadmap to exactly how to do that with any kind of a ⁓ you know, a self-owned business. So that's the core foundation for the book.   Jason Hull (05:07) Mm-hmm.   Yeah.   You know, I love I love the idea of focusing on profit. I've had Mike McAllowicz on the show and he has booked Profit First. So I don't know if you have any way to connect this to that in any way, positively or negatively, if how you feel about that. But I know that just even a business setting aside a certain amount for profit so that they actually have some profit is a great s like really large baby step that they need to take. So   Leigh Angman (05:27) Okay. Yeah.   Yeah,   absolutely. I I think and one of the things I say to my partners all the time when I deliver them news about you know where we where you sit financially, there's you you don't turn a profit every single period or every single month. We operate on four week periods for various reasons, but just knowing where you are, even if you're in a loss, it's just knowing that that position in which you sit.   that allows you to make those intelligent decisions about how to support the growth and sustaining of your business.   Jason Hull (06:16) Got it. Yeah. Love it. Alright, so ⁓ should we go through the framework? Or   Leigh Angman (06:22) Yeah, quickly I'll go through them. redundancy is not in the way that that people are made redundant and made irrelevant, but it's all always about not siloing your brilliance and being able to ensure that there's not one really smart person in the business that only knows how to do a particular amount of things ⁓ that that nobody else knows. So if they are lost for any particular reason, the business is in in dire need of ⁓   Jason Hull (06:41) Yeah.   Leigh Angman (06:49) Or in in big trouble. one sidebar on that is, you know, I I always say the only way that I've been able to find success in the last 25 years of owning and operating businesses is to surround myself with people that are smarter than I am. and it's not difficult to do. ⁓ but you know, really, I am not aware of any entrepreneur, and maybe AI is changing this, but to date, I'm not aware of any entrepreneur that has created a massively successful business exclusively on their own. So   Jason Hull (07:15) Yeah.   Leigh Angman (07:15) That   idea that there's some very smart people in your business is critical for its success so that they can do things that you're not talented at. Obviously, each person in that equation has to bring something to the table. and they can specialize it.   but they should absolutely share and document the items that they specialize in that could allow someone else to take over.   Urgency also factors its way into lots of other things.   There's lots of examples where urgency is is very, very critical. And I spoke about how these topics intertwine with each other, urgency in communication, urgency in systems and processes that you you know, that you under that you were involved with, urgency in your sales. So you could see how all of these kind of things start to cross-reference each other in a bit of a matrix.   technology is is an incredibly important part to any business. I've watched it change.   and we're obviously in a time where communication is 24-7. Your ability to get information from the internet is 24-7. ⁓ but leaning into that kind of technology, AI is a perfect example of the modern version of of you know the latest and greatest advance in technology. ⁓ you have to lean into these new technologies or else they're not going to be.   Jason Hull (08:27) Yeah.   Leigh Angman (08:31) you're you're not you're just not going to   gonna be able to sustain your business.   my experience has found that has led me to believe that without integrity, your success is not long lived.   Jason Hull (08:34) Right.   Leigh Angman (08:42) It's short-lived and it's and it's ⁓ a lack of integrity absolutely can lead you to finding short-term success. But ⁓ my in my life I have certainly you know shot for a lot deeper than that. ⁓ it's hard to sell things, it's hard to operate a business, it's hard to start a business if you have integrity. ⁓ I have found anyways that a long-term more sustainable sense of success has been achieved.   And then of course   doesn't matter whether you're a a butcher, a baker, or a candlestick maker, as long if you can't sell your product, you're you know, it's the it's that exchange of of of of monetary documents for your goods or services that lead to your ability to sustain that business.   that.   Jason Hull (09:25) I love it. I I   really resonate with that. I you know, just going through it, some of the things that popped out to me, you know, we you were talking about having smarter people and yeah, if it it if you don't have systems, processes, and redundancy, you're vulnerable. And y you can be in a really dangerous spot. And we have a client that he had like three hundred doors in his property management business.   Leigh Angman (09:42) Absolutely.   Jason Hull (09:50) And he lost one key team member and then his entire team fell apart and he realized that person was carrying everybody. And so he laid everybody else off. And so he had total team turnover twice in like a really short time period, in like months. And so his hair was on fire. He was so strong. And so we had to help him build a hiring system, but and then make sure we get good people. But a lot of companies build teams, but they don't realize and they think they need processes. I call it the process myth, but what I find is   usually they just need better people. Better pe people that have integrity, people that share their values. And when that's off, they're always spending way too much money on people. So   Leigh Angman (10:19) Fair.   Yeah,   absolutely. on that exact note, I was ⁓ a recruiter in New York and Vancouver in the very late nineties and early two thousands. And very quickly early in my career, I found that there were two types of hiring managers. One when when we brought them what we called a rock star, was a a super high-end ⁓ candidate for a position. When we brought a rock star to the table, one type,   Which was, of course, the very successful type was the one that embraced them and was excited about bringing this wildly intelligent person into the fold of their business. and it always led to sustainable long-term growth and that kind of result. Whereas you had the other type of hiring manager that was paranoid that this new amazing person was going to steal their job, was going to make them look bad. and and it's a it's just awful. I just did not.   like to work with that type of hiring manager at all. So you're very right. You know, the idea that surrounding yourself with those right people, it is the kind of decision that one makes that allows you to build those systems and processes in place. But finding the right people is is key to the success in any business. Absolutely, I found.   Jason Hull (11:34) Yeah, very true. It's a it's it's really interesting. We see that even with clients, that if they're positive active versus be versus being negative active, meaning they're actively trying to figure out how to make things work, how this could work, they're looking through a positive lens versus actively finding flaw or fault or sabotaging the they they prove themselves right either way in in our own programs. And so the positive active clients are the ones we filter and look for, right?   you mentioned urgency. I'm like I had a problem with sales for a bit and it was I had tons of stuff in our pipeline. We were having lots of great conversations. Everybody loved what our offer was, yet nobody was closing. And it was simply because we lacked questions around urgency. And so just adding in the element of urgency really ramped up sales. It was just questions like, Why would it matter for you to do this now? Or does it even matter at all? And letting them figure out and find the reason there might be some urgency. So   that made a massive difference. communication, I love that. speaking with people rather than talking to. Yeah, if you're not having a conversation, then you're not learning and you're not listening. And and the last thing you want to be as a as a CEO or a boss or an owner of a business is the Emperor with No Clothes, where everybody just says yes to everything that you say and everybody comes to you and asks you to do all the thinking for them.   And this is where business owners build a team and they don't they're it they do it blindly or unknowingly initially, but they don't understand why won't my team just think for themselves? Well you designed it that way.   Leigh Angman (13:00) Yeah,   you have not empowered them to do so.   Jason Hull (13:02) Right. And so, yeah, because the safest thing in the world is to have them have you do the thinking for them. Then they can't get fired for doing what you told them to do, you know. But yeah, empowering them to do it and motivating them to do it. And then you mentioned technology. Lots of people are leaning in into AI now. Yeah, integrity I think is paramount because there's nothing ⁓ greater than character to elevate somebody. If somebody has great character, they rise up in any organization   Any system they're in, any friend group that they're in, integrity, like character, people recognize that this is a person that they can rely on, that gets things done, that has their life together. in any situation that my wife and I are in, we tend to always rise to the top. And I believe the secret is just care good character. And ⁓ the shortcut is a shortcut in life. ⁓ I'm really inspired by one of my mentors, ⁓ Sharon Shrivatsa. He was the CEO of Real.   Leigh Angman (13:49) It's yes.   Jason Hull (13:58) He's now the CEO of the Alex and Layla Hermosis Companies, Company Umacquisition.com. But I was in a little mastermind with him, and he was just, he's this gentleman that came to the US from India, had like got r got robbed right as he entered the US. He convinced the person mugging him, taking his money, to give him a little bit back so he could book a a r ⁓ a ride somewhere.   and ⁓ get a tr a train or a bus or something. And ⁓ and even when he was in school he was like dumpster diving to get food out and now he's a billionaire, right? And so he always found ways to be the best. And he always has operated with integrity at the core of that. And who he was is what really elevated him, I believe, to where he's at now. He's also a brilliant thinker, but I think it's a sign of intelligence.   To live with integrity. So yeah. So and then sales.   Leigh Angman (14:53) Amen.   Jason Hull (14:55) really, really great stuff. So I I love mindset. Let's get into this mindset of delusional optimism. What tell me about this?   Leigh Angman (15:02) Okay. ⁓   I love the expression. I tell my 15 year old son this all the time. If you think you can or you cannot, you're absolutely correct, right? How you set yourself up for success and   I talk about the idea also, it's it's not just about how you think, but it's how you prepare to think. Are you set? Are you established? Are you you know, ready to take on the next challenges that as an entrepreneur come to you all the time? A way that I always like to describe. I can't remember who said this, but I I I've latched on to this quote. It's being an entrepreneur entrepreneur is like waking up every morning and getting hit in the face with a baseball bat.   And having the occasional pieces of positive reinforcement to remind you to keep going. Okay. So this concept that that ⁓ those that have not owned and operated their own businesses tend to not see as deeply as fellow entrepreneurs is that there's always going to be another fire to put out. And it's not, I believe in the law of attraction as well. So it's not like you're attracting these things, but you have to understand that it's they're gonna come to you.   No matter what you do, there's going to be a challenge. There's no safety net in running your own business. You are the one that is responsible for making the decisions to push things forward. And when we talk about delusional optimism, it's really setting your mindset in a proper way to establish that you are going to do that thing. some people call it manifestation. there's other words for it. So   I was saying, you know, in all the things that I've read, I'm not reinventing these things. I am just saying, look, these are this is a collection of ideas that have that I have cobbled together and learned about over the last several, you know, decades to that that have just given me blatant positive feedback that what I am doing is at least the right, you know, decision. And making that right decision 51% of the time is what you have to do to find that success, right? That shouldn't be the goal, but   That's the the bare minimum. in terms of this delusional optimism, it comes down to the car that you're going to get, the relationship that you want, the the you know, the the the house that you want. And it's not all material things by any stretch of the imagination, but the body that you've wanted, you know, all of these kinds of things. you know, when it comes to a sales topic or a sales call.   I know statistically, there's zero way, zero percent chance that I am closing all of the deals that I go into. But I can promise you the little pep talk that I give myself prior to going into any sales call is you've closed this. It's done. I'm not looking past the process that needs to occur to get there, but I am absolutely seeing that sale closed. It, you know, it you you could apply this to so many elements of your life.   Jason Hull (17:51) ja   Leigh Angman (17:56) Doesn't matter what it is, if you want it, the only thing from stopping you from getting there is you.   despite all odds believing that you're going to achieve exactly what you want to achieve. Make sense?   Jason Hull (18:08) Yeah, totally   I think it ties back into what I had mentioned about being positive active. we yeah, you have to be optimistic. You have to believe it before you can achieve it. And you know, it's it's I feel like it's as simple as turning on a light switch. If you don't believe the light switch works, you're not even gonna try turning it on. And it's not hard to turn on a light switch.   Leigh Angman (18:17) Yes, love that one.   Jason Hull (18:28) But you won't even attempt it if you're like, yeah, I don't think there's power in this building. Yeah. And so it's it doesn't necessarily have to have to be hard. There is a place certainly for hard work, but it just being optimistic certainly makes everything less hard. Because we're creating our own limitation, our own barriers. We're not trying things that could work or could be. And I've seen, you know, business owners that were delusionally optimistic. Like I had a client who decided.   Leigh Angman (18:30) Absolutely.   Jason Hull (18:55) He felt it was hard getting to his first 100 doors. And so he decided, I want to be at a thousand by the end of this year. And he and he did it. He went and walked into property management businesses, met met them, met the business owner, shook hands and said, Hey, would love to buy your company. And he found a 900-door owner that was willing to sell. And he was at a thousand doors by the end of that year. And so, but if he didn't have that level of optimism,   Leigh Angman (19:01) Amazing.   Jason Hull (19:19) And that sort of impossible goal, if you will, he wouldn't have tried that. He would have done what everybody else does. Well, I'm gonna see if I can be realistic and get a hundred doors this year. I've I'm a really big fan of Ben Hardy, Dr. Benjamin Hardy. He's in a master men. And ⁓ he shared with us down in Mexico this his newest book, which is The Science of Scaling. And he talks about in this these different sort of goals, and I kind of   built my own mental model around this, these three levels of goal setting. But the basic idea is level one is their survival goals. These are where it's terrible to live, right? We make bad decisions usually from this place. It's like I need to get money in. And the next level goals are realistic goals. That's level two. And so this is where we focus on something, but this is where our brain kind of caps our thinking because we already know how to do it. It's just work harder. And so we're not a visionary at that point. But when we shift into a impossible goals   The goal becomes a tool to change our thinking, he talks about in his book. And so he says we either use time by collapsing time down to something that makes the goal impossible, or we make the goal so much bigger, like 10x bigger, to make it impossible. But either way, it changes the path and it changes our level of thinking, and then we become a visionary. And when we hold space for these goals that others would say are impossible. Because if we focus on just what's realistic, then the challenge is we cap our own thinking because our brain already knows how to do   Leigh Angman (20:40) Absolutely.   Jason Hull (20:40) And it's like   right. And so, so this really ties into that. I I love that, I love that so much. And I've seen people when they shift into having a big enough goal, they become optimistic. If they can just hold space for a big enough goal that is currently impossible to their current realistic negative brain, it forces them to shift into into what I call a playground where we're playing with ideas. Whereas when we're realistic, realistic goals are like a yardstick by which we beat ourselves up with.   'Cause we rarely rarely hit them. It's always a linear, difficult path of a lot of hard work and multiple steps, if that makes sense. So yeah, I love this. Love this so much. So tell me what is a pleasure utility determinant?   Leigh Angman (21:13) Mm-hmm. Absolutely.   the amount of effort or energy or dollars that you spend to achieve a particular thing for one or two or three choices, up to an infinite number of choices, it it if you think about things in that frame, right? It allows you to more easily make decisions about what to do. And I speak all the time that life is just a series of wagers.   Every single day you're making choices whether to go A or B in terms of a different direction. And we need things to help us make choices in this world. It's just one, like I said, started as an amusing thing, but factored into business decisions. It's not always about getting the thing for the cheapest. It's about deriving the most amount of pleasure or success from the decision that you've made based on a number of parameters. Make sense?   Jason Hull (22:12) Yeah, I love it. When people get too hyperfixated on one currency, and and one of my mentors talked about, you dropped a few of them right here. t s his name's Alex Sharfin and he talks about the five currencies of time, energy, focus, cash, and effort. And these things we have to invest in life and in our own business. And ⁓ yeah, and a lot of business owners I've noticed will continually invest.   And focus on the business, but not on taking care of themselves. How they initially build their teams. This is always the solopreneur transitioning to having a team. I call this the team sand trap after they get past the solopreneur sand trap. But in this team sand trap, they always build a team around the way they thought as an on as a solopreneur. And that the and so they always end up with the wrong team because they s they're   building this entire team around themselves, but they are showing up as the wrong puzzle piece at the center. And because they're not focused on what they want. They're not focused on what they need. They're just continually giving the business what it needs. And then the business becomes almost like their master. It's like a high chair tyrant flinging food in their face. You know, if anybody has kids listening, you should not be just giving this thing everything that it always asked for or needs or wants.   To the exclusion or the detriment of yourself. You gotta be taking care of yourself. That's the other lens. And so I like this idea of figuring out, all right, how do I figure out the pleasure utility determinant related to this thing I'm making a decision about? How is this going to benefit or serve me? And is this giving me more of what I call the four reasons for starting a business: of more fulfillment, more freedom, more contribution, and more support? If it's not giving us more of those four things,   then we're losing those. And it's very easy to make more and more money and have less freedom, have less fulfillment, have less contribution and have less support. And then we end up very miserable, even though we're in control of it all. So we just made a tactical bad mistake. We designed the business the wrong way. And it's our choice how we design it.   Leigh Angman (24:13) if you seek value, whether it's in people, whether it's in your business, whether it's in something that you acquire, whether it's an experience that you are that you were having, ⁓ and and again, it's not value for money, it's value for those other currencies that you just explained, right? Your time, your energy, your focus, these kinds of things. ⁓ it's a it's a almost a comical concept, but if you apply it in a serious manner and you you just allow yourself, it's just a tiny little tool.   Jason Hull (24:31) Yeah.   Leigh Angman (24:41) To allow yourself to become ⁓ in a positive mindset framework. It's again, I taught I mentioned this very early on in our chat here today. It's not about just thinking, it's about how you prepare to think. It's just yet another one of these little tools that helps you prepare to think about how you're going to solve the series of wagers that are put in front of you every single day. As an entrepreneur or as a as a life partner with, you know, your wife or your.   you know, your spouse, whatever it happens to be, ⁓ or as a parent, all of these things come down to making decisions. And we need to factor in various tools to help us make the right ones.   Jason Hull (25:20) Yeah, got it. So I mean just even asking ourselves, you know, what this business decision that I'm looking at making, or this life decision, would this bring me more joy or would it take way? Cause if we look through the wrong lens, like what if we're always like, what would be cost less? Or what would be cheapest? And we're focused on the wrong thing. And I don't think the goal is to save a bunch of money and be miserable.   Leigh Angman (25:36) Right. It's dangerous. That's right.   Yeah. Yes. It's it's a very simple concept, but like everything else in the world, the idea that you pull one lever down and you know, there's a hundred levers on the wall. There's a there's a lot of you know, discussion in the current political climate of the world where people are led to believe that there is simply two lever there are simply two levers. Pull one down and it's gonna pull the other one up and it's gonna solve it. Clearly not the case in business, in life, in politics, in anything else.   But this idea that you allow yourself tools to help make the series of choices every day that will lead you to a greater likelihood of success. I will embrace all of those. Another thing I like to say all the time is you don't know what you don't know. There's there's a million brilliant people out there, millions, millions, surely, of brilliant people out there that that I could learn from. I love to hear these types of you know,   Jason Hull (26:30) Yeah.   Leigh Angman (26:36) tools that they have acquired in their lives to help them make the right decisions. Again, this is but one of many.   Jason Hull (26:42) Yeah, yeah.   you know, a lot of times we think something else is gonna make us feel a certain way. And we think, if I had this amount of money, I would feel the certain way. If I had this car, I would feel a certain way. Usually boils down to a feeling. And ⁓ and then the question is eventually we maybe figure out as we mature, hey, can I just choose to feel a certain way rather than trying to fill this hole constantly, right? Can I just share what's keeping   me from feeling that way.   What do you feel would be for those listening that really want to have better financial health, what would you feel are maybe the best tools or resources, books for them to kind of get start figuring this out?   Leigh Angman (27:21) I mean, I'm gonna pump mon spructus' tires a little bit, you know. If if you go to Amazon and check out Spructus, S P R U C T I S, you can see the book and it'll give you a taste of of exactly what this framework is. And ⁓ you know, we are the easiest people in the world to get a hold of ⁓ at spructus.com. I could be found on LinkedIn at Lee L E I G H A N G A N, which is Angman.   Jason Hull (27:25) Yeah.   Leigh Angman (27:43) And I I would love to tell people about this because it's it's it's if you have the capacity to operate a spreadsheet, we can show you how to do that.   continue to growth, keep an open mind, learn from people, have a thirst for education and and just continue to try to grow your career. I like to I like to believe I'm gonna be able to do that until the day I drop dead.   Jason Hull (28:02) Yeah, me too. Lee, ⁓ pleasure having you on. plug some of your your URLs etcetera. How can people get in touch or learn about you and and all your different stuff? ⁓ go ahead and you've given us some URLs, but go ahead and do that again here.   Leigh Angman (28:17) Yeah, I'll summarize.   ⁓ I would for the property, obviously we spoke a lot. I've I've listened to a couple of your episodes on property management. there's a tremendous of amount of ⁓ fantastic resources there, and clearly this is what you're focusing on. If people want to learn about the the offerings that we have on the property management software side of things, you can check out Mondofi, O N D O F I dot com. you can learn about the book.   on Amazon or at sprukeddis.com, S P R U C T I S dot com and reach out on LinkedIn. I'm the easiest guy in the world to get a hold of. It's Lee Angman, L E I G H A N G A N. Would love to learn from some of the brilliant oper entrepreneurs that you sp I would love to meet this guy you that that created his big hairy audacious goal to get a thousand doors. Like that's the kind of guy that jacks me up that that that I love to hang around with that's like we're gonna do this crazy thing.   That everybody has told me no, I can't do. I want that kind of positive energy in my life. And I've worked very hard to surround myself with that kind of person.   Jason Hull (29:18) Well, I if for those that are listening, if you're a property management entrepreneur and you're listening and you felt stuck or stagnant and you want to take your property management business to the next level, this is the type of room we curate here at DoorGrow in our mastermind. So reach out to us at DoorGrow.com. And if you'd like a free training on how to get unlimited leads for free, text the word leads to five one two six four eight four six zero eight. Also, you can join our free community by going to doorgrow club.com.   And if you want tips, tricks, or ideas, and to learn about DoorGrow's offers and what we're up to, subscribe to our newsletter by going to doorgrow.com slash subscribe. And if you found this episode even a little bit helpful, which I hope you did, because this was really great stuff. Thank you, Lee. then don't forget to subscribe, leave us a review on whatever channel you saw this on, we'd really appreciate it. And until next time, remember the slowest path to growth is to do it alone.   So let's grow together. Bye everyone.   Leigh Angman (30:14) Thanks so much.

For a long time, the biggest problem therapists faced in private practice was overworking. Burnout was a real risk during COVID — there were too many people needing care and too many therapists pushing past their own limits because there was always one more person to help.But what if that is no longer the challenge your practice is facing?In this “Best Of” episode, Linzy revisits her conversation with Julie Herres, founder and CEO of GreenOak Accounting and author of Profit First for Therapists, about what private practice owners can do when demand slows down, clients become more cautious with money, and the boundaries and structure that were once put in place to protect you from burnout start to feel a little too rigid for the season you are currently in.Together, Linzy and Julie talk about what it looks like to course-correct without panic or shame. They explore the difference between short-term actions that can bring money into the business now and longer-term moves that help make the practice more sustainable over time.They also talk about the places where business decisions can feel personal, especially around fees, client load, marketing, and the kind of flexibility that may be needed when the economy shifts.If your practice has been feeling quieter, slower, or just different lately, this conversation will help you look at what your business may need now with more clarity, curiosity, and steadiness.Timestamps:03:49 - Julie Sets Up Part Two of the Conversation04:24 - The Pendulum Swing in Private Practice05:13 - When the Problem Changes from Burnout to Lower Demand06:46 - Crickets, Tumbleweeds, and a New Business Challenge07:15 - When Protective Boundaries Become Rigidity08:21 - Why Practice Owners May Need to Make Hard Calls09:20 - Fast Money Actions vs. Long-Term Business Actions10:08 - Seeing More Clients When the Business Needs Stability11:05 - Working In the Business and On the Business12:22 - Experimenting with What This Season Requires13:48 - Marketing When Clients Are More Price Sensitive14:07 - Why Expert Support Can Shorten the Path16:10 - What Adaptive Practice Owners Are Doing Differently17:14 - Tracking What Actually Works in Your Marketing18:40 - When the Data Surprises You19:32 - Should Therapists Lower Their Fees?21:31 - Running the Numbers Before Making Fee Decisions22:29 - Pricing, Worth, and Meeting the Market23:48 - Julie and Linzy Summarize the Conversation24:28 - Linzy's Final Reflection and Community InvitationConnect with Julie Herres:Julie Herres is the founder and CEO of GreenOak Accounting, a firm that exclusively serves therapists, psychologists, and counselors in private practice across the United States. Over the years, Julie and her team have worked with hundreds of private practice owners and developed serious knowledge about what makes a practice financially successful. GreenOak's goal is to help practice owners feel comfortable with the financial side of their businesses and have profitable practices. Some of the firm's biggest success stories were achieved through implementing Profit First.Julie is an accountant and an enrolled agent (EA). She is also a speaker and the host of the Therapy for Your Money podcast.Website: https://www.greenoakaccounting.com/Book: https://www.profitfirstfortherapists.com/Podcast: https://www.therapyforyourmoney.com/For other episodes with Julie, check out:Episode 191 - Adjusting Your Private Practice in a Changing Economy (Part 1) with Julie HerresEpisode 142 - Moving at the Speed of Cash with Julie HerresEpisode 58 - Profit First for Therapists with Julie HerresEpisode 5 - Private Practice Money Mistakes with Accountant Julie HerresAbout Linzy Bonham:Linzy Bonham is a therapist turned money coach who helps private practice owners and health professionals feel calm, confident, and in control of their finances through her podcast, free workshops and comprehensive programs: Money Skills for Therapists and Money Skills for Group Practice Owners.It all started when she saw her extremely skilled colleagues struggle with the money side of business. Some had even left private practice, or were avoiding starting one, because managing finances was just too stressful.So Linzy set out to support helpers and healers with developing peace of mind about their money. Since so many were never taught money skills, she focuses on the “how” of making the business side of private practice doable — and even super satisfying.You can learn more here: https://moneyskillsfortherapists.com/aboutAnd you can follow along on social media:LinkedIn: https://www.linkedin.com/in/linzybonham/Instagram: https://www.instagram.com/moneyskillsfortherapists/Facebook: https://www.facebook.com/moneynutsandboltsWant to feel more calm and confident about your money? Join one of Linzy's free online workshops for private practice owners who want practical support with money mindset, avoidance, and the technical side of managing business finances.Explore upcoming workshops and save your spot or register to get the replay: https://moneyskillsfortherapists.com/workshopsYou can also join the new private WhatsApp community to connect with other therapists, health practitioners, and podcast listeners. Email hello@moneynutsandbolts.com for an invite.

You're Losing Profit When Your Competition Uses AI with Peter McCarroll   Find Rocky Lalvani @ www.ProfitComesFirst.com  or email him at rocky@profitcomesfirst.com Make more, work less video: https://youtu.be/   It is 9 am. You have a ChatGPT tab open in your browser. You have had it open for six months. This week you used it to write a follow-up email and summarize a vendor contract. And in the back of your head you have been telling yourself: we are doing the AI thing. You are not doing the AI thing. You are paying for a receipt. Peter McCarroll has built AI into the actual operations of a 15-year accounting practice. Not as an experiment. As infrastructure. And what he found is that the owners stuck on email drafting are missing two levers that are already reshaping the competitive landscape in their market.   In This Episode: Why a 15-year client is now in a forced sale, and the one cash decision she kept delaying that made it inevitable The three levers of AI value, and why the third is the one almost no one is pulling How Peter arrives at every client meeting already knowing the last 10 calls, the patterns, and what the owner will resist The year-end review skill that catches errors before the partner sees them, raising quality while saving partner time Why an AI subscription is not a strategy, and what a real transformation looks like inside a working business Rocky's system for turning every client transcript into a searchable coaching database Competitor compression: why the business that adopted AI 18 months ago is already changing your pricing power   Key Takeaways: Cost reduction is the floor. Decision quality and revenue growth are the ceiling. Most owners never leave the floor. If you are not occasionally maxing out your AI plan, you are probably not using it enough. The subscription is not the strategy. The Profit First vault is the difference between choosing when you exit and being forced out on someone else's timeline. AI used as a thinking partner that challenges you produces better output than you or the AI alone. Competitor compression is happening now. Businesses that adopted AI 18 months ago are already faster and cheaper at the same work.   Aboout Peter McCarroll: Peter McCarroll is a Chartered Accountant (NZ), CPA (Canada), and the founder of The AI Accountant — the only AI training and implementation platform built exclusively for CAS practices. He runs a full-service accounting practice at Fuel Accountants, where he has spent the past two years deploying AI across real client workflows. Peter helps accounting firms move from experimentation to operational transformation — not with theory, but with systems built inside a working practice.   Links: Website: theaiaccountant.ai/   LinkedIn: https://www.linkedin.com/in/petermccarroll/   YouTube: https://www.youtube.com/@TheAIAccountant-ai     Profit Blueprint Calculator I Profit Comes First: https://lp.profitcomesfirst.com/profitblueprintcalc-page   Watch the full episode on YouTube: https://www.youtube.com/@profitanswerman Sign up to be notified when the next cohort of the Profit First Experience Course is available! Free Copy of the Profit Blueprint Book: https://lp.profitcomesfirst.com/landing-page-page  Monthly Newsletter signup: https://lp.profitcomesfirst.com/newsletter-signup Relay Bank (affiliate link): https://relayfi.com/?referralcode=profitcomesfirst Profit Answer Man Facebook group: https://www.facebook.com/groups/profitanswerman/ My podcast about living a richer more meaningful life: http://richersoul.com/ Music provided by Junan from Junan Podcast Any financial advice is for educational purposes only and you should consult with an expert for your specific needs.     

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“There is no place on the balance sheet for the freedom of getting to live life on your terms.” – RJon Robins, author of Profit First for Lawyers Profit means something different to law firm owner John Cannon today than it did when he opened his law firm in 2019. In this episode, John shares how his understanding of profit has evolved since reading Profit First for Lawyers and implementing Profit First in his practice. John shares a powerful clip from Chapter 9 of the Profit First for Lawyers audiobook. It explores the idea that true profitability extends beyond dollars and cents to include freedom, intentionality, and building a business that supports the life you want to live. Beyond the Numbers Early in his career, self-described Type A personality John Cannon’s focus was simple: generate more revenue and grow the firm. As his firm matured, so did his definition of profit. Today, profit also means having the freedom to spend time with family, confidence in his leadership team, and the ability to step away from the daily practice of law while knowing the business continues to serve clients and his community well. Building a Business That Supports Your Life Implementing Profit First allowed John to build a business that reflects his personal priorities while also growing a profitable law firm. He emphasized how strategic planning, developing strong systems, delegating responsibilities, and consistently working toward his big-picture goals have been key to his success. He encourages law firm owners to define what a profitable life looks like for themselves and intentionally build a business that supports that vision instead of only measuring success by financial performance. Action Steps Define what profit means to you beyond financial results. Build your business intentionally to align with the life you’re trying to live. Remember that profit can include more than money: time, freedom, family, flexibility, and peace of mind. Connect Connect with John Cannon directly at: www.cannonandassociates.com Subscribe to the Profit First for Lawyers podcast Watch episodes on YouTube And most importantly, order your copy of Profit First for Lawyers today!

En este episodio reflexionamos sobre cómo muchas veces las quejas de la pareja no son solo reclamos, sino señales de algo más profundo que necesita atención, presencia y comprensión. Hablamos de cómo el cansancio, la desconexión, la falta de tiempo o la sensación de no ser prioridad pueden expresarse como molestia, pero en el fondo revelar una necesidad emocional que no ha sido vista. Una reflexión para dejar de reaccionar a la defensiva, escuchar con más conciencia y empezar a mirar qué hay detrás de cada queja para recuperar conexión, empatía y cercanía en la relación. Agenda ahora mismo y toma acción inmediata en el crecimiento de tu empresa! Esta evaluación te hará saber si eres candidato para nuestra membresía, la cual te ayudara a implementar todas nuestras herramientas probadas en tiempo record de la mano de un coach certificado. Si tienes más de 10 colaboradores en tu empresa...¡Aprovecha esta extraordinaria oportunidad! AGENDA AQUÍ    Descarga GRATIS en nuestra página web el libro "Estimado Emprendedor", una guía empresarial y espiritual / alta consciencia para lograr ser un emprendedor dueño de pequeña y mediana empresa exitoso y pleno: https://helpimentoring.com/ Si te está gustando el podcast te pido tu apoyo para suscribirte y dejar un buen review de (5 estrellitas), servirían mucho para que más emprendedores dueños de pequeñas/medianas empresas como tú puedan tener acceso. Sígueme en redes sociales para que me hagas tus comentarios sobre los episodios ¿qué te gustó?, ¿qué no te gustó?, ¿qué te llamó la atención?, para seguir ayudándote y seguir mejorando el podcast. INSTAGRAM: https://www.instagram.com/helpimentoring.com   FACEBOOK: https://www.facebook.com/helpimentoring   Aprovecha toda la ayuda que podemos darte en helpi Mentoring: 1. Con nuestros Master Class virtuales gratis. Por este medio y en Facebook podrás enterarte de los temas, días y horas. Hacemos 4 Master Class al mes. 2. Con nuestros Facebook Live gratis de Lunes a Jueves. https://www.facebook.com/helpimentoring 3. Con nuestro blog que publicamos en nuestra página de Internet: https://helpimentoring.com/blog/ En todos los formatos mencionados anteriormente compartimos herramientas exclusivas de nuestro programa que incluye muchas de las mejores herramientas y metodologías especializadas en pequeñas/medianas empresas a nivel mundial como EMyth (de Michael E. Gerber), Pumpkin Plan (de Mike Michalowicz), Profit First de Mike Michalowicz), Duct Tape Marketing (de Jhon Hantsch), etc. de diferentes áreas (operaciones, finanzas, Capital Humano, Marketing, Ventas, etc.). Mantente positivo y busca ayuda.

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David Richter and Christina Gutierrez, co-hosts of the Profit First for Real Estate Investors podcast and business partners at Simple CFO, break down why the "cash is king" mantra fails so many real estate investors. Between them they've coached hundreds of investors and business owners who make good money yet still feel broke.This episode challenges conventional financial wisdom head-on: cash isn't king, and neither is cash flow. It's cash flow management that actually builds wealth, and this conversation is for any real estate investor or business owner who closes deals but never sees money left at the end of the month.Timeline Summary[1:19] – David and Christina open the episode and tee up their controversial take that goes against standard financial wisdom[1:45] – The core argument: cash is not king, cash flow is not king, cash flow management is what actually matters[2:05] – Why investors with rental cash flow can still feel broke and "good broke" on paper[2:53] – Christina reframes Profit First as a cash management tool, not accounting[3:12] – The real danger of "cash is king" is letting your cash control you by dipping in whenever you want[3:47] – David's realization: without a system, cash controls you no matter how much you have in the bank[5:15] – Comparing the Cashflow 101 game by Robert Kiyosaki to escaping the financial rat race[6:09] – Christina on teaching money lessons to their kids and the "Bank of Daddy" habit[7:36] – Parkinson's Law and the toothpaste effect: spending expands to fill available cash[9:15] – Why controlling your money is a learnable skill, not something you're born knowing[10:01] – The difference between cash management thinking and knowing where numbers sit on a statement[11:20] – Demystifying the CFO title and reframing it as a "chief financial partner"[13:36] – The hospital analogy: bookkeeper as nurse, CPA as surgeon, CFO as private doctor[14:30] – Why Simple CFO built tiered levels so fractional CFO help is attainable at any size[15:04] – Bad money habits at six figures only get magnified at seven figures[19:39] – Final case study: a client who paid down debt and got systems in place to stay out of trouble5 Key TakeawaysCash Flow Management Is King — Cash and cash flow only build wealth if you control them. Without a system, money slips out the back door no matter how much comes in the front.Money Magnifies Your Habits — Bad financial habits at $100K don't disappear at $1 million, they get ten times worse. More money never solves a management problem.A System Puts You In Control — Buckets and Profit First accounts let you assign every dollar a purpose in advance, so cash serves your goals instead of controlling your decisions.A CFO Is Your Financial Partner — Don't let the three-letter title intimidate you. A fractional CFO sits beside you to explain your numbers and guide where your money should go.Feeling Broke Isn't A Deal Problem — If you make money but never see it, the missing piece is cash flow management, not more deals. The fix is a system, not more hustle.Links & ResourcesSimple CFO — https://simplecfo.com Cashflow 101 board game by Robert Kiyosaki — https://www.richdad.comEnjoyed This Episode?If David and Christina's take on why "cash is king" keeps investors stuck hit home, you're not alone. Share this episode with a fellow investor who's closing deals but still wondering where all the money went, and if you're serious about keeping more of your profit, follow the show and leave a rating and review so more real estate investors can find it.

David Richter of Simple CFO breaks down one of the most practical questions real estate investors avoid: how to actually pay yourself first instead of paying everyone else and their mother. Drawing on the Profit First formula, he walks through the exact system for setting owner's pay when your income is unpredictable.This solo episode swaps the broken "sales minus expenses equals profit" model for the wealth formula and shows you how to build an owner's comp account that pays you consistently. If you're a real estate investor closing deals but feeling guilty about taking money out and wondering where all the cash went, this one is for you.Timeline Summary[0:26] – David opens with the hard truth that your business might be paying everyone except the person who built it[0:47] – Why the standard "sales minus expenses equals profit" formula keeps owners stuck in a rat race[1:40] – Waking up a decade into your business asking where all the money went[2:03] – The Profit First wealth formula flipped: sales minus profit equals expenses[2:23] – Why so many owners feel guilty taking money out of their own business[2:40] – Breaking down the three required components: sales, profit, and expenses in the right order[3:17] – The pay-yourself-first principle from Rich Dad Poor Dad and Robert Kiyosaki[3:36] – Lessons from The Richest Man in Babylon and The 7 Habits on putting first things first[3:57] – What margin actually means and why it's your financial safety buffer[4:32] – The simplest first step: open a separate owner's comp bank account today[5:02] – A real example of splitting $10,000 in income into consistent owner's pay[5:21] – Why the "black hole" single bank account keeps you from ever getting paid[6:15] – Building personal stability so the entrepreneurial roller coaster doesn't shake you[6:40] – Why an owner's comp account matters most when a spouse or family depends on you[7:05] – Finding your two key numbers: what you need and what you want[9:11] – Advice for W2 earners: build 6 to 12 months of reserves before making the jump5 Key TakeawaysFlip The Broken Formula — Stop using sales minus expenses equals profit. The wealth formula is sales minus profit equals expenses, so you pay yourself before you fund everything else.Open An Owner's Comp Account — Create a dedicated business checking account and route a set portion of every deal into it. This single move turns "pay yourself first" from a slogan into a habit.Know Your Need And Want Numbers — Pin down what you need monthly to cover your lifestyle, then what you want to fund your dreams. These two numbers give your owner's pay a target.Kill The Guilt Around Getting Paid — A dedicated account removes the guilt of pulling money out because it's earmarked for you. You built the business, and you deserve to be paid from it.Build Reserves Before You Leap — If you're still working a W2, stack 6 to 12 months of owner's comp reserves before quitting. Full-time investors should hold 3 to 6 months to weather the ups and downs.Links & Resources• Simple CFO — https://simplecfo.com Enjoyed This Episode?If David's owner's comp account idea got you rethinking how you pay yourself, don't keep it to yourself. Share this episode with a fellow investor who's paying everyone but themselves, and if it gave you a new perspective, follow the show and leave a rating and review so more real estate investors can build real financial clarity.

En este episodio hablamos de la importancia de definir a tu cliente ideal y de por qué intentar venderle "de todo a todos" puede estar afectando la rentabilidad, el enfoque y el crecimiento de tu negocio. Descubrirás cómo atender a clientes que no encajan con tu propuesta puede generar desgaste operativo, baja rentabilidad, problemas con el equipo y decisiones tomadas desde la urgencia. Una conversación para entender que vender más no siempre significa vender mejor, y que elegir con claridad a quién quieres servir puede ayudarte a construir una empresa más enfocada, rentable y alineada con su verdadero valor.   Agenda ahora mismo y toma acción inmediata en el crecimiento de tu empresa! Esta evaluación te hará saber si eres candidato para nuestra membresía, la cual te ayudara a implementar todas nuestras herramientas probadas en tiempo record de la mano de un coach certificado. Si tienes más de 10 colaboradores en tu empresa...¡Aprovecha esta extraordinaria oportunidad! AGENDA AQUÍ    Descarga GRATIS en nuestra página web el libro "Estimado Emprendedor", una guía empresarial y espiritual / alta consciencia para lograr ser un emprendedor dueño de pequeña y mediana empresa exitoso y pleno: https://helpimentoring.com/ Si te está gustando el podcast te pido tu apoyo para suscribirte y dejar un buen review de (5 estrellitas), servirían mucho para que más emprendedores dueños de pequeñas/medianas empresas como tú puedan tener acceso. Sígueme en redes sociales para que me hagas tus comentarios sobre los episodios ¿qué te gustó?, ¿qué no te gustó?, ¿qué te llamó la atención?, para seguir ayudándote y seguir mejorando el podcast. INSTAGRAM: https://www.instagram.com/helpimentoring.com   FACEBOOK: https://www.facebook.com/helpimentoring   Aprovecha toda la ayuda que podemos darte en helpi Mentoring: 1. Con nuestros Master Class virtuales gratis. Por este medio y en Facebook podrás enterarte de los temas, días y horas. Hacemos 4 Master Class al mes. 2. Con nuestros Facebook Live gratis de Lunes a Jueves. https://www.facebook.com/helpimentoring 3. Con nuestro blog que publicamos en nuestra página de Internet: https://helpimentoring.com/blog/ En todos los formatos mencionados anteriormente compartimos herramientas exclusivas de nuestro programa que incluye muchas de las mejores herramientas y metodologías especializadas en pequeñas/medianas empresas a nivel mundial como EMyth (de Michael E. Gerber), Pumpkin Plan (de Mike Michalowicz), Profit First de Mike Michalowicz), Duct Tape Marketing (de Jhon Hantsch), etc. de diferentes áreas (operaciones, finanzas, Capital Humano, Marketing, Ventas, etc.). Mantente positivo y busca ayuda.

Your Airbnb payout hitting your bank account is not the same thing as knowing your business is profitable.In this episode, Sarah and Annette walk through the monthly payout routine they use to track revenue, catch missing money, compare actual payouts against forecasts, and move income into the right financial buckets.They break down why every hosting business needs a dedicated business bank account, how to audit payouts against reservations, and why relying on your bank balance at the end of the month is not a real business metric.You'll also learn how they use the Profit First method to separate money for operating expenses, owner's compensation, taxes, and profit—so every dollar has a job the moment it lands.If you've ever looked at your Airbnb payouts and wondered where the money went, this episode will help you build a clearer, more consistent routine.In this episode, you'll learn:Why your Airbnb payouts should go into a dedicated business accountHow to audit every payout against every reservationWhat to do when Airbnb or another OTA underpays youHow to compare actual revenue against your forecastWhy your bank balance is not a profitability metricHow to use Profit First buckets for expenses, taxes, owner's pay, and profitResources Mentioned: Apply for Strategic Host!Mentioned in this episode:Save your workshop seat!

“If you’re not paying attention to core working capital, it’s like waking up one day and all of a sudden you’re in the middle of a shit storm. And you’re like, “How did this happen?!” – RJon Robins, author of Profit First for Lawyers In the final episode of our seven-part Financial Literacy Series, RJon introduces one of the most important concepts for long-term business stability: core working capital. Drawing from both the Profit First for Lawyers audiobook and the 2019 live workshop, he explains why maintaining adequate working capital isn’t about fear. It’s about creating the financial cushion that allows you to grow intentionally instead of constantly reacting to cash flow challenges. Throughout this series, we have talked about understanding your numbers, calculating Total Owner Benefit, determining your normalized salary, implementing Profit First, and strategically getting out of production. Core working capital brings all those lessons together. What Financial Literacy Adds to Your Life Our exploration into what it means to become financially literate as a law firm owner has been about understanding the story your numbers are telling you. This knowledge can help you make better decisions for your business, your family, and your future. Action Steps Review your firm’s monthly operating expenses and determine how much core working capital you currently have available. Meet with your leadership and financial team to discuss your growth goals and whether your current financial cushion supports those plans. Use what you’ve learned throughout this Financial Literacy Series to make intentional, well-informed decisions that strengthen your business for the long term. While financial literacy does not eliminate uncertainty, it does give you the confidence to make informed decisions about your business growth. As RJon has explained throughout the series, the goal isn’t to simply accumulate cash. It is to build a business that gives you more options, greater stability, and the freedom to think beyond today’s challenges. Mentioned Parts 1-6 of the Financial Literacy Series Part 1: You're Not Bad With Numbers Part 2: Understanding the Stages of a Law Firm's Growth Part 3: Calculating Your Total Owner Benefit Part 4: What Is Your Normalized Salary? Part 5: How Profit First Actually Works Part 6: Getting Out of Production Chapter 9: Total Owner Benefits: Core Working Capital Speak with How To Manage a Small Law Firm team Connect Subscribe to the Profit First for Lawyers podcast Watch episodes on YouTube And most importantly, order your copy of Profit First for Lawyers today!

“If your law school experience was anything like mine, chances are they taught you nothing in law school about the business of how to manage a law firm.” – RJon Robins, author of Profit First for Lawyers Sometimes the right book arrives at the right moment. For estate planning attorney Colleen Robinson, Profit First for Lawyers arrived in the mail just as she was in the midst of looking for solutions. She didn’t know what was missing, only that there must be a better way to run a law firm that would give her the clarity, control, and future she wanted. In this episode, Colleen shares how one unexpected gift became the catalyst for a completely different way of thinking about running a law firm. She didn’t just read the book from cover to cover. She acted on what she learned. Each step created forward momentum, ultimately changing her business model and implementing Profit First. Throughout this process, she was able to significantly increase her firm’s revenue while redefining what profit means for her and her family. One Decision Led to the Next Colleen began by learning the Seven Main Parts of Every Successful Law Firm and writing her first business plan. Working with her CEO helped clarify her vision for a business that aligned with her personal, professional, and financial definition of profit. Along the way, she discovered that running a successful law firm wasn’t simply about practicing law better. It was about intentionally building a better business. Profit Changed More Than the Numbers Implementing Profit First changed more than Colleen’s finances. It changed the way she experiences business ownership. Instead of worrying about unexpected tax bills, she sets those funds aside before they’re due. More importantly, she has redefined profit to include time with her family, flexibility in her schedule, and the Total Owner Benefit her business provides. Now the business she is building reflects the life she wants to live, not the other way around. Colleen’s transformative journey began with a book in the mail and a willingness to learn, the courage to act, and the discipline to keep moving forward one decision at a time. Action Steps Complete an honest assessment of why you started your law firm and define what success looks like for you. Create or revisit your business plan with your long-term personal and business goals in mind. If you’ve been waiting for the “perfect” time to implement Profit First, start small and begin today. Mentioned Chapter 5: The Seven Main Parts of Every Law Firm Business Plan Workbook How To Manage a Small Law Firm: Business Diagnostic Boot Camp Practical Profitable Mindset lessons in The Exponential Entrepreneur podcast Connect and Engage Connect directly with Colleen Robinson: www.protectyourfamily.law Subscribe to the Profit First for Lawyers podcast Watch episodes on YouTube Follow Profit First For Lawyers on social media: LinkedIn | Instagram | Facebook And most importantly, order your copy of Profit First for Lawyers today!

In this Simple CFO Case Files episode, we go inside the actual client work with Chris Savor, a Simple CFO who's been with the team since April 2022 and manages some of the firm's largest client relationships. Rather than talk about the methodology in the abstract, this conversation pulls back the curtain on how a CFO actually diagnoses a real estate business, cleans up the books, and turns a cash-negative operator into a profitable one. Chris walks through his "battle plan" approach, the short-medium-long framing he uses in the first 60 days, and why financial clarity is the single biggest result he delivers.The heart of the episode is two client transformations. One is a large operator with 65 properties and a thousand doors who'd been cash-flow negative for eight months because of misconfigured allocations, fixed to cash-positive inside the first 30 days. The other is a flipper who went from 20 flips a year making nothing to 200 flips and paying himself $600,000 annually, with a real reserve position and a tax strategy that wiped out three years of tax bills. It's a grounded, practical look at what a dedicated financial partner actually changes in a real estate business.Timeline Highlights[0:00] Intro to the Simple CFO Case Files series and what makes it different[0:23] Host welcomes Chris Savor and his background as a CFO since April 2022[2:01] Chris on who he works with: flippers, multifamily, short- and long-term rentals[2:55] The single biggest result Chris delivers: financial clarity for lost owners[4:29] The battle plan call and getting real about the good, the bad, and the ugly[5:35] Short, medium, and long phases all wrapped into the first 60 days[6:01] What separates Simple CFO from a typical accountant: a genuine personal partnership[8:41] Laying the financial foundation, cleaning up books, and rolling out Profit First[10:32] Case one: a 65-property, thousand-door operator cash-negative for eight months[11:01] Finding misconfigured allocations on day 28 and clawing back overspending[12:24] Getting the operator cash-positive and onto a salary for the first time[12:45] Why the Profit First book alone isn't enough without a specialist implementing it[14:26] Inside the CFO dashboard: profit-on-the-shelf and the 13-week rolling cash view[16:41] How automated, daily-updated sheets replace manual QuickBooks report pulling[16:57] Using the forecast every meeting to close the gap to a net-profit goal[19:52] Case two: a flipper who had no idea whether he was making money[20:34] The first three moves: cleanup, real estate–specific books, and mapping the money[21:05] From 20 flips a year making nothing to 200 flips and real profit[22:12] Building reserves from 1% up to 6%+ and getting the owner onto a real paycheck[23:22] Using a tax strategy with land easements and bonus depreciation to erase three years of tax[24:22] The full transformation recap: from lost and unpaid to $600K a year[26:09] Chris's words of wisdom: you're not alone, it can be fixed, don't go at it soloKey TakeawaysFinancial clarity is the number one result. Most clients arrive seeing money move in and out of their accounts but with no idea whether they're actually profitable. Knowing your numbers is what lets a CEO steer the ship.The first 60 days make or break the outcome. That window of uncovering, admitting where things really stand, and fixing the fixable-fast problems is the biggest predictor of whether a client succeeds.A real financial partner is different from a hands-off CPA. Chris meets clients where they are, meets weekly or biweekly, and treats the relationship as a side-by-side partnership rather than a transactional service.Misconfigured allocations quietly bleed cash. A large operator was cash-negative for eight months simply because rehab and operations funds were set up wrong. Fixing the allocations flipped them cash-positive within a single month.The book alone won't get you there. Free information is everywhere, but a specialist who reads numbers without emotional attachment is what actually unravels an owner's blind spots and gets results.Getting the money game right unlocks more volume, not less. The flipper scaled from 20 to 200 flips a year precisely because he finally knew where every dollar was going and could project profit deal by deal.Plan taxes ahead and idle cash becomes a strategy. Setting tax money aside early let one client redeploy roughly $250K into a tax strategy that erased three years of tax bills instead of scrambling for the IRS.Links & ResourcesSimple CFO — book a free financial discovery call — https://simplecfo.com Profit First for Real Estate Investors — apply for a free financial discovery call — https://profitrei.comClosingChris's clients prove the same thing over and over: you're not alone, and it can be fixed. The operators who win are the ones willing to roll up their sleeves and fight the battle alongside a partner who actually knows the terrain. If you're staring at deposits and withdrawals with no idea whether you're making money, that's exactly the problem Simple CFO exists to solve. If you're ready to bring clarity and structure to your business finances, visit profitrei.com to apply for a free financial discovery call with the team.

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Jem and Justin trade toddler war stories before Jem confesses he'd rather tear down 4.5m pallet racking alone at midnight than hire anyone. Justin reveals his June sales cliff after a domain migration tanked Google traffic, hitting Profit First distributions hard. They also riff on the Obsidian exodus from Notion, breaking up with Cursor for Claude Code, and why rearranging the shop is happening before finishing new products.Watch on YoutubeDISCUSSED:✍️ Comment or Suggest a TopicMigrating away from Cursor ꘎We have become a tech company ꘎Obsidian rollout ꘎Recovering migration hangoverFinishing reorganization on woodshopThe deep thinkings and feelings of leanThe internet never forgets - outro song---Profit First PlaylistClassic Episodes Playlist---SUPPORT THE SHOWBecome a Patreon - Get the Secret ShowReview on Apple Podcast Share with a FriendDiscuss on Show SubredditShow InfoShow WebsiteContact Jem & JustinInstagram | Tiktok | Facebook | YoutubePlease note: Show notes contains affiliate links.HOSTSJem FreemanCastlemaine, Victoria, AustraliaLike Butter | Instagram | More LinksJustin BrouillettePortland, Oregon, USAPDX CNC | Instagram | More Links

En este episodio reflexionamos sobre una pregunta clave para cualquier dueño de negocio: ¿realmente le estás vendiendo a las personas que quieres servir? Hablamos de cómo muchas empresas terminan aceptando clientes que no encajan con su propuesta, desgastan al equipo, presionan la operación y alejan al negocio de su verdadero propósito. Una reflexión para revisar si tu cliente actual está alineado con el tipo de empresa que quieres construir, y cómo empezar a venderle con más intención a quienes realmente puedes ayudar, servir y transformar. Agenda ahora mismo y toma acción inmediata en el crecimiento de tu empresa! Esta evaluación te hará saber si eres candidato para nuestra membresía, la cual te ayudara a implementar todas nuestras herramientas probadas en tiempo record de la mano de un coach certificado. Si tienes más de 10 colaboradores en tu empresa...¡Aprovecha esta extraordinaria oportunidad! AGENDA AQUÍ    Descarga GRATIS en nuestra página web el libro "Estimado Emprendedor", una guía empresarial y espiritual / alta consciencia para lograr ser un emprendedor dueño de pequeña y mediana empresa exitoso y pleno: https://helpimentoring.com/ Si te está gustando el podcast te pido tu apoyo para suscribirte y dejar un buen review de (5 estrellitas), servirían mucho para que más emprendedores dueños de pequeñas/medianas empresas como tú puedan tener acceso. Sígueme en redes sociales para que me hagas tus comentarios sobre los episodios ¿qué te gustó?, ¿qué no te gustó?, ¿qué te llamó la atención?, para seguir ayudándote y seguir mejorando el podcast. INSTAGRAM: https://www.instagram.com/helpimentoring.com   FACEBOOK: https://www.facebook.com/helpimentoring   Aprovecha toda la ayuda que podemos darte en helpi Mentoring: 1. Con nuestros Master Class virtuales gratis. Por este medio y en Facebook podrás enterarte de los temas, días y horas. Hacemos 4 Master Class al mes. 2. Con nuestros Facebook Live gratis de Lunes a Jueves. https://www.facebook.com/helpimentoring 3. Con nuestro blog que publicamos en nuestra página de Internet: https://helpimentoring.com/blog/   En todos los formatos mencionados anteriormente compartimos herramientas exclusivas de nuestro programa que incluye muchas de las mejores herramientas y metodologías especializadas en pequeñas/medianas empresas a nivel mundial como EMyth (de Michael E. Gerber), Pumpkin Plan (de Mike Michalowicz), Profit First de Mike Michalowicz), Duct Tape Marketing (de Jhon Hantsch), etc. de diferentes áreas (operaciones, finanzas, Capital Humano, Marketing, Ventas, etc.). Mantente positivo y busca ayuda.

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Welcome to another episode of Women Petpreneurs Presents Book Club! Join Mary Oquendo, Denise Heroux, and Sacheen Mobley as they dive into some of their favorite business books and discuss the lessons they've gained as entrepreneurs. In this episode, Mary Oquendo introduces Denise's book, "Build It Right," which breaks down fundamental aspects of running a pet industry business, from mindset and clarity, to pricing, branding, leadership, and growth. Denise Heroux shares her thoughts on "Profit First" by Mike Michalowicz, a practical guide for building profit into your business from day one. The conversation continues with reflections by Sacheen Mobley on  "The Millionaire Fast Lane" and other timeless business reads, highlighting the value of sustainable business practices and "unsexy" ventures that can lead to real success. Whether you're a pet industry professional or just love a great business book, this episode is packed with insights and inspiration to take your business to the next level!

Justin Noe spent just over 20 years as an active duty Marine before retiring and going all in on real estate. Today he runs a sales team, flips houses, and holds rentals in the Tampa area, and every piece of it is built on the Profit First system.Justin first read Profit First in 2019 while still in the military, but the real shift came at the end of 2022 when he looked back at a year of solid revenue and asked where all the money went. In January 2023 he fully implemented the system in his business and never looked back.In this conversation with host David Richter, Justin explains how he built a full year of owner's comp reserves for himself and his wife, why he genuinely looks forward to his monthly allocations, and the operational systems that now let him take a four week trip to France and Sweden while his team runs the business. He also shares the allocation formula he uses for new income streams: 10% to his church, 25% to debt paydown, 25% to investments, and 40% to family trips and home renovations.If you're a real estate investor making good money but wondering where it goes every month, this episode is a working model of cash flow management, paying yourself consistently, and the financial peace of mind that comes with mastering your money.Episode Highlights[0:30] – David introduces Justin Noe and why his Profit First implementation is the model most investors never reach[2:12] – Justin's background, just over 20 years as an active duty Marine, now retired and in real estate full time[2:52] – Discovering Profit First in 2019 through BiggerPockets while building a rental portfolio from inside the military[4:15] – The end of year wake up call, where is all the money going, and rereading the book for the fourth time[4:55] – Full Profit First implementation in January 2023, paired with David's Profit First for Real Estate Investors[6:49] – Attacking the owner's comp account and the 18 months it took to formalize paying himself[7:57] – The mission to bank a full year of salary for himself and his wife, achieved in 8 to 12 months[8:37] – Loaning money out of owner's comp for a short term deal while keeping four months of reserves untouched[10:39] – How his wife Lena got on board, 21 years together and a shared value driven money mindset[13:29] – Why Justin gets excited about monthly transfers, and the one account every entrepreneur dreads, taxes[15:49] – Starting his full time business with Profit First from day one and never knowing business without it[18:19] – The commitment behind yearly trips to Sweden and using profits to fund family travel and giving[21:52] – Hitting their highest grossing month while overseas and building a team that runs without them[24:43] – Hiring Brian on a trial basis and seeing the business improve within 30 days[27:47] – Justin's advice for owners who make money but feel broke, read Profit First and implement immediately[28:44] – The notes app allocation system, 10% church, 25% debt paydown, 25% investments, 40% fun5 Key TakeawaysPay yourself first and build real reserves. Justin set a goal of a full year of salary in his owner's comp account for himself and his wife, and hitting it removed the monthly stress of wondering if a paycheck was coming.Understand the concept, not just the mechanics. Justin didn't treat Profit First as a set of bank transfers. He absorbed the principle of only spending what's in the expense account, which is why the system stuck.Start early, even on your first deal. Justin implemented Profit First before his business had real revenue, so he never built the bad habit of pouring every dollar back into the business and ending the year with nothing.Reserves buy you options and time off. With 3 to 4 months in his operating account and a funded owner's comp, Justin can lend from his accounts, hire ahead of pain, and take four week trips overseas.Hire on a trial basis and let the finances lead. Justin commits to 60 or 90 day working trials, and because his money system showed him what he could afford, he hired for the right seats instead of panic hiring.Links & ResourcesJustin Noe Real Estate — justinnoerealestate.comFollow Justin on Instagram — @justinnoerealestateProfit First by Mike MichalowiczProfit First for Real Estate Investors by David RichterBiggerPocketsFor Growth — Justin's local growth group in the Tampa areaBook a free financial clarity call — simplecfo.comClosing RemarkIf this episode showed you anything, it's that peace of mind with money is built, not found. Justin went from wondering where a full year of revenue disappeared to banking twelve months of owner pay and taking a month off in Europe. Share this one with an investor who keeps saying they'll pay themselves "next year." Subscribe, review, and share the show, and if you're ready to keep more of what you earn, visit simplecfo.com to book your free discovery call.

On this solo episode of the Profit First for Real Estate Investors podcast, the host tackles a counterintuitive trap that catches growing real estate investors and entrepreneurs: scaling yourself right out of business. Drawing on Keith Cunningham's line from The Road Less Stupid that scaling cancer only grows the tumor, he lays out why pouring more marketing money into a business you don't fully understand is like putting fuel in a plane that's already going down.The episode is a practical walkthrough of how to scale profitably using the Profit First cash flow system. You'll learn how to set up and name your bank accounts, how to run your business by percentages instead of lump sums, and how target allocation percentages shift as you grow from startup to a quarter million and beyond. If you've ever felt like there's somehow less cash the bigger you get, this one gives you the roadmap to grow without going broke.Timeline Highlights[0:26] Why it's actually possible to scale yourself out of business, and how to spot if it's happening to you[0:46] The Road Less Stupid by Keith Cunningham and the "scale cancer, the tumor grows" principle[1:03] How Keith Cunningham connects to the Rich Dad character in Robert Kiyosaki's famous book[1:46] The spray and pray marketing mistake that keeps investors from ever paying themselves[2:24] The real game every entrepreneur is playing is the game of money, not their industry's game[3:07] What winning actually looks like: a business that serves you on the way up, not one that drains you[3:27] Step one to scaling profitably: set up a Profit First system so you know where every dollar goes[4:13] Splitting income by percentages across profit, owner's comp, owner's tax, and operating expense accounts[5:20] Target allocation percentages explained, and the goal percentages for a healthy business[5:41] The startup percentages from zero to $250K and why so much flows toward the owner early on[6:54] How the percentages shift from $250K to $500K to reinvest in opex without losing profit[7:50] Why "reinvesting every dollar" is code for scaling yourself out of business[8:39] Where to find the specific target percentages for buying, holding, and selling property[9:58] Scale with intentionality, and how to grab the book or cheat sheet to build your own roadmapKey TakeawaysYou can absolutely scale yourself out of business. Adding more fuel, usually marketing spend, to a business whose numbers aren't healthy doesn't fix the problem, it just makes you crash faster.Every entrepreneur is playing the game of money, not the game of their industry. Whether you're in real estate, run a salon, or own a brick and mortar shop, you have to know the money game to actually win it.Set up a system so you know where every dollar is going. Profit First works like the envelope method for businesses: separate, named bank accounts for profit, owner's comp, owner's tax, and operating expenses.Run your business by percentages, not lump sums. When income comes in, split it out of an income account into your other accounts by percentage so your money is intentional and spread out from the start.Target allocation percentages are your goal numbers for a healthy business. Early on, a bigger share flows to the owner because you carry less payroll and overhead, and those percentages are designed to keep you profitable at every stage.Scaling profitably just means your percentages change as you grow. Moving from zero to $250K to $500K, you shift some of owner's pay toward opex so you can reinvest in the business while still protecting profit, pay, and taxes.Protect your profitability or you become an accidental nonprofit. Reinvesting every last dollar without paying yourself or building a profit buffer is a recipe for crashing the plane.Links & ResourcesProfit First for Real Estate Investing by David Richter (book with target allocation percentages for buying, holding, and selling): https://profitrei.com Profit First cheat sheet and free book offer: https://simplecfo.com/gift ClosingIf this episode gave you clarity or a new way to think about growth, remember the core message: stop scaling in a way that hurts you and start scaling with intention, protecting your profit at every stage instead of pouring every dollar back into the fire. Be sure to like, subscribe, and comment, and if you're ready to apply this with real guidance and accountability, visit profitrei.com to schedule a free discovery call and build your path to financial clarity and freedom.

En este episodio hablamos de cómo los miedos pueden empezar a dirigir nuestras decisiones, relaciones y forma de vivir sin que nos demos cuenta. Descubrirás por qué muchas veces el sufrimiento no nace solo de lo que ocurre afuera, sino de las historias, anticipaciones y bloqueos internos que construimos alrededor del miedo. Una conversación para mirar con honestidad qué miedos te están controlando, cómo impactan tu vida personal y profesional, y cómo empezar a recuperar claridad, libertad y paz interior. Agenda ahora mismo y toma acción inmediata en el crecimiento de tu empresa! Esta evaluación te hará saber si eres candidato para nuestra membresía, la cual te ayudara a implementar todas nuestras herramientas probadas en tiempo record de la mano de un coach certificado. Si tienes más de 10 colaboradores en tu empresa...¡Aprovecha esta extraordinaria oportunidad! AGENDA AQUÍ    Descarga GRATIS en nuestra página web el libro "Estimado Emprendedor", una guía empresarial y espiritual / alta consciencia para lograr ser un emprendedor dueño de pequeña y mediana empresa exitoso y pleno: https://helpimentoring.com/ Si te está gustando el podcast te pido tu apoyo para suscribirte y dejar un buen review de (5 estrellitas), servirían mucho para que más emprendedores dueños de pequeñas/medianas empresas como tú puedan tener acceso. Sígueme en redes sociales para que me hagas tus comentarios sobre los episodios ¿qué te gustó?, ¿qué no te gustó?, ¿qué te llamó la atención?, para seguir ayudándote y seguir mejorando el podcast. INSTAGRAM: https://www.instagram.com/helpimentoring.com   FACEBOOK: https://www.facebook.com/helpimentoring   Aprovecha toda la ayuda que podemos darte en helpi Mentoring: 1. Con nuestros Master Class virtuales gratis. Por este medio y en Facebook podrás enterarte de los temas, días y horas. Hacemos 4 Master Class al mes. 2. Con nuestros Facebook Live gratis de Lunes a Jueves. https://www.facebook.com/helpimentoring 3. Con nuestro blog que publicamos en nuestra página de Internet: https://helpimentoring.com/blog/   En todos los formatos mencionados anteriormente compartimos herramientas exclusivas de nuestro programa que incluye muchas de las mejores herramientas y metodologías especializadas en pequeñas/medianas empresas a nivel mundial como EMyth (de Michael E. Gerber), Pumpkin Plan (de Mike Michalowicz), Profit First de Mike Michalowicz), Duct Tape Marketing (de Jhon Hantsch), etc. de diferentes áreas (operaciones, finanzas, Capital Humano, Marketing, Ventas, etc.). Mantente positivo y busca ayuda.

“The law firm that cannot function without its owner or owners being there every single day doesn’t really have a business. They have a job.” – RJon Robins, author of Profit First for Lawyers Do you dream of a day when you can step away from the daily production work inside your law firm? You’re not alone. Many law firm owners find themselves so immersed in the practice of law that they have little time to build a business that can operate without them. So, where do you begin? In part six of our seven-part financial literacy series, RJon explains why getting out of production is not an overnight decision, but a gradual transition. This episode builds on concepts introduced in Part 4: What Is Your Normalized Salary? RJon takes things a step further by exploring one of the biggest challenges law firm owners will face as they begin replacing themselves inside the business. Replacing Yourself Takes a Plan Every role you perform in your firm has value. Whether you are acting as a senior associate, marketing director, salesperson, IT specialist, or janitor, someone must perform that work. The goal is not to stop doing valuable work. The goal is to intentionally replace yourself where it makes strategic sense while increasing the firm’s profitability enough to support new hires. In a candid Q&A session with law firm owners held during the 2019 Profit First for Lawyers workshop, RJon lays out a practical truth many law firm owners avoid: When you stop doing a job, the business should stop paying you for that job. The only way to maintain or increase your compensation is to create enough profit to replace the value you once produced. Transitioning out of production doesn’t happen overnight. It requires intentional planning and disciplined execution. If you’re ready to begin making that transition, this episode is for you! Action Steps Take inventory of every role you currently perform inside your law firm. (If you completed this exercise in Part 4, review your list and use it as your starting point.) Identify which roles you genuinely enjoy and which ones are draining the life out of you. Keep doing the work you love and make a plan to delegate the rest. Start the process of replacing yourself one job at a time. This will take planning, patience, and discipline. The goal isn’t to simply stop working. It is to build a business that can keep its promises to clients, team members, vendors, and you, even when you are not there every day. That kind of freedom is earned by intentionally building a stronger business. Stay tuned for the seventh and final episode in the Financial Literacy Series, where RJon brings together everything you’ve learned. You’ll understand why financial literacy is one of the most important skills a law firm owner can develop. Mentioned Parts 1-5 of the Financial Literacy Series Part 1: You’re Not Bad With Numbers Part 2: Understanding the Stages of a Law Firm’s Growth Part 3: Calculating Your Total Owner Benefit Part 4: What Is Your Normalized Salary? Part 5: How Profit First Actually Works Emergency Access Only segment from Chapter 4 (page 20) of Profit First for Lawyers Connect Subscribe to the Profit First for Lawyers podcast Watch episodes on YouTube And most importantly, order your copy of Profit First for Lawyers today!

Mattias Clymer celebrates 200 episodes by revealing a relationship-focused CRM designed to help agents stay connected, serve clients better, simplify follow-up, and build a business that supports long-term freedom without losing the human touch today.See article: https://www.unitedstatesrealestateinvestor.com/the-200th-episode-of-the-rei-agent-that-turns-relationships-into-momentum-with-mattias-clymer/(00:00) - Celebrating 200 Episodes of The REI Agent(05:00) - Using Relationship Data, Messages, and Contact Notes to Stay Connected(10:00) - Tracking Deals, Commissions, Profit First, and Long-Term Agent Wealth(15:00) - Final Website Resources, Newsletter Invitation, and 200th Episode Thank YouMattias Clymer's 200th episode is a powerful reminder that the future does not belong to the agent who automates everything. It belongs to the agent who remembers people, follows up with purpose, serves with consistency, and builds systems that protect both the client relationship and the life behind the business. To learn more, visit https://reiagent.comIs success destroying your peace? Most pros grind until they break. Download The Investor's Life Balance Sheet: A Holistic Wealth Audit to see if you are building a legacy or heading for burnout. Presented by The REI Agent Podcast & United States Real Estate Investor® https://sendfox.com/lp/m4jrl

Send us Fan MailGet vidIQ Boost for an exclusive price! https://vidiq.com/podcastWant a 1 on 1 coach? https://vidiq.ink/theboost1on1Join our Discord! https://www.vidiq.com/discordWatch the video: https://youtu.be/_kUOrWhNynwWe talk with Matt about why he walked away from a massively successful YouTube channel and what it takes to come back with a healthier purpose. We dig into formats, money, team leadership and the inner work behind shifting from chasing views to building real community. • his early years filming with friends and learning to edit and upload • deleting old videos, restarting and learning what actually drives growth • how working with experienced creators taught him proven formats and simplicity • using a checklist and clear qualifying questions to pick stronger video ideas • the real reason for the long upload break and how faith shaped his mindset • handling a shutdown with employees, recommendations and financial runway • why high-cost shoots can flop and why lean production often wins • Profit First, gross margin thinking and treating YouTube like a business • creators who inspire impact-driven content and “win-win-win” formats • returning after a long break, fear of the first upload and rebuilding momentum • focusing on reaching hearts and building community over pure virality If you're listening to this podcast and you want to see it, I'll leave a link in the description in the show notes so you can go over there and see him and say, hey, we're keeping you accountable. If you're new here, hey, hit that subscribe button. Why not?

In this Simple CFO Case Files episode, David Richter and his business partner Christina Gutierrez kick off a new recurring series recorded right after their weekly EOS same page meeting. They pull back the curtain on how they run Simple CFO using Gino Wickman's Traction and EOS system, and why the visionary and integrator partnership has been the engine behind the business.The heart of the conversation is one recurring phrase they hear from real estate investors who walk through their door: "I wish I would have known this." David and Christina break down why so many owners stay stuck asking CFO level questions of bookkeepers and CPAs who can't answer them, what a fractional CFO actually does that's different, and how to become a master of your money without ever becoming a master of accounting. If you're flipping houses or holding rentals and you can't say what you actually kept last year, this episode points you toward the clarity you've been missing.Timeline Highlights[0:23] David introduces the new series recorded after his weekly same page meeting with partner Christina Gutierrez[1:01] How Simple CFO runs its back end on Traction and the EOS system by Gino Wickman[2:18] Christina on how EOS taught her to be open and transparent in a true business partnership[3:43] Why communication is the thing that makes a business run and what a structured system protects[4:19] A walk through Simple CFO's heavy Wednesday meeting schedule and what each meeting is for[5:10] Protecting the visionary's flow state and routing every idea to the right meeting[6:32] The recurring "I wish I would have known this" theme and a story of one owner's hair on fire[7:14] An owner who waited two years and likely lost real business value before getting his numbers cleaned up[8:38] Christina on why owners don't know who can actually help them with strategic financial questions[10:11] Most owners don't know a fractional CFO exists or that they could afford one[11:12] The real strategic questions owners never know to ask themselves[12:10] The magic of a fractional CFO is surfacing the questions you don't know to ask[13:50] Why bookkeepers and CPAs give textbook answers without knowing you or your goals[15:02] Be a master of your money, not a master of accounting, and what that actually means[17:22] How loneliness as a solo owner makes a financial partner who knows you so valuable[21:42] When to reach out and the difference between the 60 day foundation tier and ongoing CFO support[22:42] Playing offense and defense so you protect what you built while still growing[25:22] Two paths forward: a fractional CFO and the Profit First system as an entry point[26:01] A Profit First client who built a year of owner's comp and now takes a month off in Sweden each yearKey TakeawaysOwners often ask CFO level questions of the wrong people. Bookkeepers record transactions and CPAs file taxes, but neither is built to give strategic financial guidance tied to your goals.The most dangerous gap is the questions you don't know to ask. A good fractional CFO surfaces the questions that reveal whether your business is actually healthy or quietly going under.You should be a master of your money, not a master of accounting. You don't need to run QuickBooks or file taxes. You need clean numbers you can use to make decisions.Revenue alone solves nothing. Making a million dollars means little if you kept nothing, and the cause is often a cash management gap or bad bookkeeping you can't see.A fractional CFO is a relationship, not a transaction. They meet you where you are, remember the goals you set months ago, and back decisions with accurate data instead of gut feeling.Fractional high level help is more accessible than owners think. CFO, COO, and CMO support exists without the full time price tag, opening strategy to businesses that assumed they couldn't afford it.Profit First is a simple entry point for managing cash. It translates finances into business owner language and helps build reserves and owner's comp so a strong year actually shows up in the bank.Links & ResourcesSimple CFO (book a discovery call) — simplecfo.com Profit First for Real Estate Investors (apply for a free financial discovery call) — profitrei.com Profit First for Real Estate Investors by David Richter (free download) — simplecfo.com Traction by Gino Wickman — referenced as the EOS framework Simple CFO runs onClosingIf any part of this hit home, especially the part about making money but having no idea what you actually kept, don't let another year pass wishing you'd known sooner. David and Christina built this series to open owners' eyes to the financial clarity they've been missing, whether that's a fractional CFO or simply getting Profit First up and running. To bring real structure to the finances in your business, visit profitrei.com to apply for a free financial discovery call with the team.

Bickering. The escalating voices in the next room make you wonder whether to referee or run the other way. If sibling conflict has become the soundtrack of your home, you are so not alone, and this episode is for you! In week two of our Summertime Conflict series, host Stacy Bellward unpacks the heart of sibling squabbles and offers a refreshing reframe: those arguments happening between your kids right now? As a Christian parent, you have golden opportunities to raise lifelong peacemakers under your own roof. Whether you're parenting toddlers or teens locked in a week-long standoff, you'll walk away with wisdom, hope, and tangible tools to pursue peace in your family. Listen in! Key Takeaways: Gain insight into when to step into your kids' squabbles From questions to role-playing, discover practical ways to enter into the heat of the moment with your kids How learning true reconciliation points us to Christ Our Episode Sponsor Today's episode is brought to you by David Richter, owner of SimpleCFO and author of Profit First for Real Estate Investing. We're grateful for David's sponsorship, which helps make these conversations possible for families everywhere. You can find more information on his website https://simplecfo.com/. Mentioned in this Podcast:  Ephesians 4:32 Matthew 5:9 Sibling Conflict Online Course cf community Episode 305 – Helping Siblings Make Up After A “Fight” Trash, Truth, Treasure Online Course Calming Strategies PDF The Table Monthly Giving Program Check out our website for more resources to support your parenting! Want to keep this conversation going? Join us inside the cf community — a faith-anchored, coach-supported space where parents grow together. Reflect on episodes like this one, ask hard questions, and celebrate the small wins alongside parents from around the world.

You didn't start your business to stay stuck. If you're serious about hitting 6 or 7 figures without sacrificing your life, book your FREE Gap Assessment with our team: https://weddingproceo.com/applicationMost wedding pros are drowning in manual follow-ups, content, and admin while the work that makes money keeps sliding to tomorrow. In this episode find out what changes when AI becomes the operational layer under your business, not a caption generator you have to prompt. This is the shift from being a tool user to being a system user, and it is happening faster than most people realize.Here is what you'll take away: - The real difference between a CRM that automates a generic funnel and an AI employee trained on your offers, pricing, and history that drafts the right reply before you wake up- Why you audit your biggest time suck first, then build one system at a time like rolling the first ball of a snowman- How AI turns the words you already say on calls and in meetings into content that sounds like you and pulls in clients like the ones you've already booked The FREE Assume Sales Training: 2x your wedding bookings in 30 days, step by step. Thousands of wedding pros have already used it to land more clients immediately! http://weddingproceo.com/freetrainingorg A favorite book of mine: Profit First by Mike Michalowicz https://amzn.to/4lbqZFwAnother favorite book of mine: Buy Back Your Time by Dan Martell https://amzn.to/3lTKLb4======================== EPISODE SHOW NOTES BLOG & MORE:https://www.weddingproceo.com/ai-powered-wedding-business======================== Thank you for tuning in to this episode of the Wedding Pro CEO Podcast. If you find these strategies helpful, make sure to share this episode with your fellow wedding pros. And remember, in the world of weddings, it's all about building genuine relationships and showcasing your best work. Until next time, keep shining, CEOs!PLEASE SUPPORT THE PODCAST! LEAVE A REVIEW HERE: https://ratethispodcast.com/swdHave a question you'd like Brandee to answer? Ask here: http://bit.ly/3ZqqPmz Heads up, CEO! Some of the links I share may be affiliate links, which means I may earn a small commission if you decide to purchase, at no extra cost to you. I only recommend tools and resources I actually use and love, and that I believe will help you grow a profitable, sustainable business you're obsessed with.========================Support the show

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“Entrepreneurially immature people won’t deal with unpleasant emotions, which is why they just end up trapped in this cycle of mediocrity their whole life.” – RJon Robins, from The Exponential Entrepreneur podcast This week we’re doing something a little different. Instead of our regular Profit First for Lawyers format, we are sharing a special episode from The Exponential Entrepreneur podcast hosted by Erika Ferenczi. The clip in this episode was originally recorded as part of the Practical Profitable Mindset program while RJon was recording the Profit First for Lawyers audiobook. This lesson explores one of the most surprising obstacles to business growth: the fear of profit. Profit Requires Discomfort According to RJon, profit requires doing things that feel uncomfortable: Raising prices Sending invoices Collecting payments Making difficult hiring and firing decisions Having honest conversations Fear naturally tells us to avoid discomfort. But when we avoid discomfort, we wind up avoiding profit as well. And there is science to back up this instinctive behavior. Drawing on the science behind the fight-or-flight response, RJon explains how fear affects our thinking, why our brains begin rationalizing emotionally safe decisions, and how those decisions can quietly limit both personal and financial growth. What Kind of Profit Are You Choosing? One of the most thought-provoking ideas in this lesson is that every voluntary exchange creates some kind of profit. Some entrepreneurs choose emotional profit over financial profit. One example is undercharging a client or failing to send invoices because they want to avoid rejection. By recognizing these patterns, business owners gain the opportunity to make more intentional decisions that align with both their personal values and their business goals. The question is not whether we are making a profit. The real question is: What kind of profit are you choosing? Mentioned The Exponential Entrepreneur podcast Break Through Your Profit First Mindset Blocks with Erika Ferenczi Take Flight: Elevate Your Mindset to Profitability with Alejandra Leibovich Does Your Accountant Have An Entrepreneurial Mindset? with Oscar Ferenczi Connect Subscribe to the Profit First for Lawyers podcast Watch episodes on YouTube And most importantly, order your copy of Profit First for Lawyers today!

Jem and Justin chat about the World Cup's surprisingly warm reception in the US, Jem's Kitta Parts Builder getting a 3D preview upgrade (doors that actually open), and a FedEx API build that finally came together. Justin shares how Shopify's AI flagged a 430-pound weight bug before support did. They close on a real Profit First curveball: what do you do when a big deposit lands early?Watch on YoutubeDISCUSSED:✍️ Comment or Suggest a TopicWorld CupDouble shifts at ButterLike Butter Kitta Parts Builder Update - 3DHenry Holsters - overhead camera?Is it 430 lbs?Recommended: Unsolved mystery of Lorem IpsumPF oversize conundrum ꘎Dispatch improvements ꘎---Profit First PlaylistClassic Episodes Playlist---SUPPORT THE SHOWBecome a Patreon - Get the Secret ShowReview on Apple Podcast Share with a FriendDiscuss on Show SubredditShow InfoShow WebsiteContact Jem & JustinInstagram | Tiktok | Facebook | YoutubePlease note: Show notes contains affiliate links.HOSTSJem FreemanCastlemaine, Victoria, AustraliaLike Butter | Instagram | More LinksJustin BrouillettePortland, Oregon, USAPDX CNC | Instagram | More Links

David is joined by Mike Michalowicz, author of Profit First and The Money Habit, who has spent years showing entrepreneurs why financial discipline at home is just as critical as profitability in the business. They break down why most owners are wired to spend every dollar they earn, from the behavioral science behind the hunt-and-gorge cycle to the multi-account system that removes willpower from the equation, to why 1% profit allocation can compound into a sellable, self-sustaining business.See where your business stands —Take the free Growth ScorecardListen to the full audiobook free — Get Off The TruckFollow HSBC Social's:Facebook | Instagram | YouTube | HSBC Accelerator | Jobber | Home Service Business Coach Email: info@homeservicebusinesscoach.com

This episode explores financial management strategies tailored for physical therapy practice owners, highlighting how behavioral finance principles can lead to more sustainable and profitable practices. Dr. Stephanie Weyrauch speaks with Craig Dacy and shares actionable insights on building cash reserves, setting equitable owner compensation, and fostering a long-term profitability mindset—key considerations especially relevant in a landscape of changing reimbursement policies.  In this episode: ·       How practice owners can implement the Profit First system to improve cash flow and profitability ·       Strategies for paying PT owners and team members competitively while maintaining business health ·       The importance of behavioral finance and habit formation in managing healthcare business finances ·       Building cash cushions to buffer the impact of delayed insurance reimbursements ·       Transitioning from solo to multi-location practice: financial and strategic shifts ·       Insights on hiring and retaining staff in a competitive employment market, including creative compensation models ·       Special considerations for insurance-based PT practices and handling delayed payments ·       The role of long-term thinking in promoting lifelong patient engagement with physical therapy ·       Craig's journey to authoring a book tailored to physical therapists on financial management Timestamps: 00:00 - Introduction and host introduction to Craig Dacy 00:14 - Craig's background and link with Ramsey Solutions 01:05 - Transition from teaching to financial coaching, motivated by personal debt freedom 02:04 - Connecting personal finances with managing a healthcare practice 02:26 - The link between physical therapy and finance, and the need for early financial education 03:22 - Why focus on physical therapists and their unique financial challenges 03:57 - Short-term engagement models and their impact on PT practice finances 04:37 - Promoting lifelong physical therapy and long-term patient relationships 05:05 - Expanding services and revenue streams beyond injury-based care 06:01 - Overcoming scarcity mindset in insurance-reliant practices 06:35 - Owner compensation strategies and making practices more sustainable 07:18 - Implementing profit-based accounting to manage personal and business finances 08:36 - The role of budgeting and behavioral finance in practice management 09:57 - The Envelope system adapted for business accounts 10:23 - Building a practice on a lean budget and avoiding debt 11:04 - Managing delayed insurance payments and cash flow buffers 12:02 - Percentage-based budgeting and cash cushion strategies 12:47 - Tailoring Profit First principles for healthcare settings 13:31 - Different financial strategies for growing practices 14:01 - Prioritizing payroll and managing equipment expenses 14:38 - Challenges of hiring in a competitive market and offering competitive salaries 15:06 - How to determine sustainable compensation—percentages and alternative pay models 15:56 - Profit sharing and creating ownership culture for employee retention 16:50 - Boosting practice profitability through mindset shifts 17:31 - The importance of profit in business health and longevity 18:30 - Transitioning from solo to multi-location practices and financial planning 19:19 - Growth phases and financial shifts at different revenue levels 20:48 - Proactive planning to fund expansion and staffing 21:20 - Behavioral changes needed for practice profitability and culture 22:07 - How profitability benefits the team, patients, and business sustainability 23:04 - Making profit a priority by shifting financial behaviors 24:18 - Small habits for long-lasting financial health—starting with just 1% into profit 25:00 - Speaking at Web PT's Ascend conference, and the growth mindset around money 26:20 - Craig's journey to writing a book for PTs on financial systems 27:53 - Inspiration behind the book and the process of writing 29:22 - Advice to younger self: embrace authenticity and risk-taking 30:18 - Connecting with Craig and upcoming resources for practice owners 31:23 - Final tips: opening a profit account and celebrating profitability 32:05 - Closing remarks and encouragement to adopt financial habits Resources & Links: ·       Profit First by Mike Michalowicz ·       pf4pt.com — Book landing page and pre-order info ·       Dacy Coaching — Practice financial consulting Connect with Craig: ·       Website ·       Schedule a coaching session ·       Craig on Instagram ·       Craig on LinkedIn ·       Craig on YouTube More About Craig Dacy: Craig Dacy, owner of DACY Financial Coaching, has helped hundreds of small businesses, with a focus on Physical Therapists, find confidence and clarity in their finances. After spending over a decade as an educator, Craig combines his knack for small business and love for teaching to help make the overly complicated concept of business finances incredibly simple to understand.  Craig lives in Austin, TX with his wife and 2 kids. When he's not spending time with his family, he can be found reliving "the good old days" as the lead singer and bass player for his 90s cover band, Zoodust. Jane Sponsorship Information: Book a one-on-one demo here Mention the code LITZY1MO for a free month   Follow Dr. Karen Litzy on Social Media: Karen's Instagram Karen's LinkedIn   Subscribe to Healthy, Wealthy & Smart: YouTube Website Apple Podcast Spotify SoundCloud Stitcher iHeart Radio

You didn't start your business to stay stuck. If you're ready to finally hit 6 or 7 figures WITHOUT burning out — book a call with our team → https://weddingproceo.com/application In this episode, I'm breaking down the one AI skill that has to come before any prompt, tool, or automation. Most wedding pros are building on a broken foundation, which is why their AI content sounds generic and nothing like them. I'll show you how to build your foundation file so AI finally sounds like you and saves you the hours everyone keeps promising. The (FREE!)ASSUME Sales Training: 2x your wedding bookings in 30 days—step by step. Thousands of wedding pros have already used it to land more clients immediately! http://weddingproceo.com/freetrainingorgA favorite book of mine: Profit First by Mike Michalowicz https://amzn.to/4lbqZFwAnother favorite book of mine: Buy Back Your Time by Dan Martell https://amzn.to/3ITKLb4 ========================= EPISODE SHOW NOTES BLOG & MORE:https://www.weddingproceo.com/341=========================Thank you for tuning in to this episode of the Wedding Pro CEO Podcast. If you find these strategies helpful, make sure to share this episode with your fellow wedding pros. And remember, in the world of weddings, it's all about building genuine relationships and showcasing your best work. Until next time, keep shining, CEOs! PLEASE SUPPORT THE PODCAST! LEAVE A REVIEW HERE: https://ratethispodcast.com/swdHave a question you'd like Brandee to answer? Ask here: http://bit.ly/3ZoqPmzHeads up, CEO! Some of the links I share may be affiliate links, which means I may earn a small commission if you decide to purchase—at no extra cost to you. I only recommend tools and resources I actually use and love, and that I believe will help you grow a profitable, sustainable business you're obsessed with.=========================Support the show

I've wasted so much money over the years running Foundr that I don't even want to know the number. And if I'm honest, it came down to one thing: when it's the business's money, it doesn't always feel like yours. So you spend it like it isn't. Here's the problem: when your personal and business finances are tangled up together, revenue starts to feel like income, a good month makes you feel like you can relax, and before long the business account becomes a piggy bank. You can't read your own numbers, you can't make good decisions about hiring or inventory or marketing, and you have no real idea what the business actually has. In this episode, I share the exact framework I wish someone had handed me earlier, including the Profit First model, how to pay yourself properly, and the software audit we just ran at Foundr that is saving us tens of thousands of dollars a month. Here's what you'll take away: Why treating business money as separate from personal money is harder than it sounds, and what it actually costs you when you get it wrong How the Profit First model works: splitting every dollar that comes in across dedicated accounts for tax, operating expenses, and profit Why paying yourself a fixed salary, even a modest one, forces you to run the business like a real business The one question to ask before any significant spend: can I measure the return against the risk? How a simple software audit can uncover thousands of dollars quietly leaking out every month Why a quarterly P&L review with an external accountant is one of the highest leverage habits a founder can build If your business finances and personal finances are still mixed together, or you have money in the bank but no real clarity on what the business actually has, this episode will give you a clean, practical system to fix that and start making decisions from a place of clarity. If you're loving this solo series, I'd love to hear your feedback. Email me directly at nathan@foundr.com — I read every reply. Hope you enjoy it. WANT TO GROW YOUR BRAND WITH META ADS? Join the Foundr Operators Waitlist → ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://foundr.com/operators⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ HOW WE CAN HELP YOU SCALE YOUR BUSINESS FASTER Learn directly from 7, 8 & 9-figure founders inside Foundr+ Start your $1 trial → ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.foundr.com/startdollartrial⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ PREFER A CUSTOM ROADMAP AND 1-ON-1 COACHING? → Starting from scratch? Apply here → ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://foundr.com/pages/coaching-start-application⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ → Already have a store? Apply here → ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://foundr.com/pages/coaching-growth-application⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ CONNECT WITH NATHAN CHAN Instagram → ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.instagram.com/nathanchan⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ LinkedIn → ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.linkedin.com/in/nathanhchan/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ FOLLOW FOUNDR FOR MORE BUSINESS GROWTH STRATEGIES YouTube → ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://bit.ly/2uyvzdt⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Website → ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.foundr.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Instagram → ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.instagram.com/foundr/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Facebook → ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.facebook.com/foundr⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Twitter → ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.twitter.com/foundr⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ LinkedIn → ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.linkedin.com/company/foundr/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Podcast → ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.foundr.com/podcast⁠

What if the goal of your kids’ fighting wasn’t silence, but restored hearts? Most parents want the bickering to stop. But what if helping siblings make up after a fight was actually an invitation? An opportunity to show your kids a glimpse of the gospel itself, where broken relationships are made new, and joy is rediscovered on the other side of hard moments. In today’s replay episode, Jim and Lynne Jackson (Co-founders of Connected Families) join host Stacy Bellward for a rich, hope-filled conversation about building the value of restoration in your home. Drawing from Scripture and decades of personal experience, Jim and Lynne paint a beautiful picture of what’s possible when parents shift from solving conflict to restoring relationships. Key Takeaways: How to develop a value of reconciliation rooted in Christ Why modeling restoration in your own relationships (marriage, friendships, even with your own parents) is the most powerful teacher Practical, lighthearted ways to guide kids through conflict How to prepare your kids outside of conflict Age-appropriate ways to celebrate restored hearts  Our Episode Sponsor Today’s episode is brought to you by David Richter, owner of SimpleCFO and author of Profit First for Real Estate Investing. We’re grateful for David’s sponsorship, which helps make these conversations possible for families everywhere. You can find more information on his website https://simplecfo.com/. Mentioned in this Podcast: Galatians 6:1 Matthew 5:23-24 Book of John Episode 139 – How to Help Kids Stop Fighting All The Time Book – Discipline That Connects With Your Child's Heart Sibling Conflict Online Course cf community Check out our website for more resources to support your parenting! Guest Bio: Jim and Lynne Jackson are the Co-Founders of Connected Families in Plymouth, MN. With over 50 combined years of professionally helping families and a love for working in the church, Jim and Lynne have been dedicated to bringing reliable, God-centered, research-based parenting resources to all families since 2002.  Want to keep this conversation going? Join us inside the cf community — a faith-anchored, coach-supported space where parents grow together. Reflect on episodes like this one, ask hard questions, and celebrate the small wins alongside parents from around the world.

At his lowest point, Jan Roos was $240,000 underwater. He had a full sales org, a director, reps, ad spend — and was barely breaking even. So he cut all of it. Today he runs CaseFuel, a high-margin agency serving 300+ estate planning law firms, with 25 people and $50K/month in profit. In this conversation he breaks down how he got there: the niche nobody else was serving, the funnel that cracked it open, and what building a genuinely high margin service business actually requires. Guest: Jan Roos, Founder of CaseFuel Sponsor: wayfront.com/tmba Thanks to this week's sponsor Wayfront — the AI-ready operating system for productized agencies. One client portal. One team dashboard. All your data, AI-accessible. TMBA listeners get an extra free month on top of the trial at wayfront.com/tmba. Links: [Jan@casefuel.com](Jan@casefuel.com) Peter Thiel — Zero to One Eugene Schwartz — Breakthrough Advertising Mike Michalowicz — Profit First Business Resources Upcoming DC Events