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Christian financial planner Nick Garofalo shares how faith-driven entrepreneurs can break free from financial chaos and align their money with what matters most.If you're a small business owner seeking financial freedom, this episode gives you the clarity you've been praying for. Nick is the founder of Open-Handed Wealth and a trusted voice in faith-based financial planning. With real-world experience in both family-run and corporate businesses, Nick knows firsthand the pressure entrepreneurs face managing money, meeting tax deadlines, and sustaining their passion.Whether you're struggling with cash flow management, confused about tax planning for entrepreneurs, or just want to stop feeling overwhelmed, Nick's insights will help you simplify your finances. Learn how the Profit First system can revolutionize how you pay yourself, cut unnecessary expenses, and build a resilient business.By the end, you'll have actionable takeaways to build wealth, reduce stress, and make decisions aligned with your faith — while leaving a meaningful legacy.00:00 – Introduction to Nick Garofalo & Open-Handed Wealth01:03 – What a Christian financial planner actually does02:10 – Tax planning for entrepreneurs: How to stop procrastinating03:40 – Common mistakes business owners make with taxes05:00 – Software tools for expense and cash flow management06:22 – Using the Profit First system to budget your business08:00 – How to “give yourself a raise” through smart financial choices09:20 – Nick's unique experience and what makes him different10:40 – Faith, money, and the joy of financial clarity11:45 – Where to find Nick & free financial planning resourcesTo check out the YouTube (video podcast), visit: https://www.youtube.com/@drchrisloomdphdDisclaimer: Not advice. Educational purposes only. Not an endorsement for or against. Results not vetted. Views of the guests do not represent those of the host or show. Click here to join PodMatch (the "AirBNB" of Podcasting): https://www.joinpodmatch.com/drchrisloomdphdWe couldn't do it without the support of our listeners. To help support the show:CashApp- https://cash.app/$drchrisloomdphdVenmo- https://account.venmo.com/u/Chris-Loo-4Spotify- https://podcasters.spotify.com/pod/show/christopher-loo/supportBuy Me a Coffee- https://www.buymeacoffee.com/chrisJxClick here to schedule a 1-on-1 private coaching call: https://www.drchrisloomdphd.com/book-onlineClick here to check out our bookstore, e-courses, and workshops: https://www.drchrisloomdphd.com/shopClick here to purchase my books on Amazon: https://amzn.to/2PaQn4pFor audiobooks, visit: https://www.audible.com/author/Christopher-H-Loo-MD-PhD/B07WFKBG1FFollow our YouTube channel: https://www.youtube.com/chL1357Follow us on Twitter: https://www.twitter.com/drchrisloomdphdFollow us on Instagram: https://www.instagram.com/thereal_drchrislooFollow us on Threads: https://www.threads.net/@thereal_drchrislooFollow us on TikTok: https://www.tiktok.com/@drchrisloomddphdFollow our Blog: https://www.drchrisloomdphd.com/blogFollow the podcast on Spotify: https://open.spotify.com/show/3NkM6US7cjsiAYTBjWGdx6?si=1da9d0a17be14d18Subscribe to our Substack newsletter: https://substack.com/@drchrisloomdphd1Subscribe to our Medium newsletter: https://medium.com/@drchrisloomdphdSubscribe to our LinkedIn newsletter: https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=6992935013231071233Subscribe to our email list: https://financial-freedom-podcast-with-dr-loo.kit.com/Thank you to all of our sponsors and advertisers that help support the show!Financial Freedom for Physicians, Copyright 2025
Ever wonder why your business shows profits on paper but your bank account tells a different story? Rocky Lalvani, the Profit Answer Man, joins us to shatter conventional accounting wisdom with a simple yet revolutionary approach: take your profit first.Most entrepreneurs follow the traditional formula of sales minus expenses equals profit, making your financial reward an afterthought—whatever happens to be left over. Rocky flips this equation, teaching that successful businesses approach it as sales minus profit equals expenses. This fundamental shift ensures you get paid first, forcing your business to operate within its means.Through riveting breakdowns of real-world scenarios, Rocky illuminates why even businesses with strong sales often struggle financially. From e-commerce sellers battling slim margins after marketplace fees to service businesses failing to account for their own time, the root problem usually traces back to incomplete math from the beginning. "If you didn't do the math on your business when you started," Rocky explains, "how did you know it would be profitable?"The conversation takes a fascinating turn examining the cash conversion cycle—how long it takes for a dollar invested to return with profit. For many e-commerce businesses, this cycle stretches beyond 160 days as products move from manufacturing to customer delivery to payment processing. This extended timeline creates a dangerous trap where growth actually threatens survival, as each new sale demands more cash before previous investments return.Rocky's airplane analogy perfectly encapsulates the entrepreneur's journey: "Running a business is like flying an airplane—you need to know your destination, have enough fuel to get there, and constantly course-correct along the way." Many businesses crash because they build an aircraft designed to carry more than it can handle, without enough runway to take off or fuel to reach their destination.Whether you're just starting your entrepreneurial journey or working to scale an existing business, this episode provides the financial clarity needed to build a company that serves your life rather than consuming it. Visit ProfitComesFirst.com to access free resources that will help you implement these principles right away.How to connect with Rocky?Website: https://profitcomesfirst.com/Podcast: https://podcasts.apple.com/us/podcast/profit-answer-man-implementing-the-profit-first-system/id1508245322YouTube: https://www.youtube.com/@profitanswermanFacebook: https://www.facebook.com/ProfitComesFirstLinkedin: https://www.linkedin.com/in/rocky-lalvani/Instagram: https://www.instagram.com/profit_answer_man/ Support the show
Profit First for Lawyers and You with Rjon Robins Unlocking Profits for Lawyers: RJon Robins on Escaping the Trap of Traditional Accounting Are you unknowingly flying blind in your business? If your accountant is giving you a rearview mirror of what already happened, instead of a roadmap to where you're going, you may be sabotaging your profits—and not even know it. In this high-impact episode of The Profit Answer Man, we sit down with legendary entrepreneur, attorney, and author RJon Robins to blow the lid off common financial myths that are keeping small law firm owners broke, overworked, and stuck. If you're running a law firm—or any service-based business—this is the financial intervention you didn't know you needed. In This Episode, You'll Learn: The shocking truth about why your accountant may be hurting your business. The difference between a financial accountant and a management accountant—and which one you actually need. Why Profit First is more than a book—it's a strategic doctrine of freedom. How to build businesses that are instantly profitable—and run without you. The mindset shift from sacrifice to profit (and why this matters more than your marketing plan). Key Takeaways: Not All Accountants Are Created Equal: RJon breaks down why most small business owners rely on the wrong type of accountant and what that costs them in clarity and cash flow. Rearview vs. Roadmap: Traditional CPAs are historians. What you need is a strategic partner who helps you see ahead and build profit into your future. Law Firm? No Excuses: If RJon can help lawyers (the ultimate billable-hour addicts) become profitable business owners, the rest of us have no excuse. Doctrine of Profit: RJon's core philosophy turns the typical entrepreneurial suffering narrative on its head. You don't need to burn out to be successful. Only 90 Days a Year: RJon now works in his main business just 90 days a year. He spends the rest of his time launching ventures that are immediately profitable. That's not luck—it's strategy. About RJon Robins: RJon Robins is the 8-figure founder of How to Manage a Small Law Firm, author of Profit First for Lawyers, and a serial entrepreneur who has grown his business by 8,000% since starting from his kitchen table. A licensed attorney who speaks to thousands of law firm owners every year, he's built a business that runs largely without him—and now teaches others how to do the same. His latest book, Profit First for Lawyers, is a #1 Amazon bestseller, helping professionals stop sacrificing and start profiting. Conclusion: Are You Stuck in the Doctrine of Sacrifice? If you're still treating profit like a leftover instead of a priority, it's time to flip the script. RJon and Rocky expose the lie behind the “work harder” trap and deliver the truth: profit is a choice, not a mystery. Links: https://rjonrobins.com/ https://www.facebook.com/rjonrobins2/ https://www.instagram.com/rjonrobins/?igshid=YmMyMTA2M2Y%3D https://www.linkedin.com/404/ https://www.youtube.com/user/RJONROBINS?app=desktop 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! Profit First Toolkit: https://lp.profitcomesfirst.com/landing-page-page 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. #profitfirst
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This week on the Digitally Overwhelmed podcast I got to interview author and popular keynote speaker, Mike Michalowicz. I had so much fun interviewing Mike because he has so much wisdom to share about running your small business finance (among other things). Sometimes when it comes to “serious” topics like doing the finances in our business, it can be hard to find resources and frameworks that are motivating to follow. And all of Mike's books do exactly that: the inspire you to take action, but also give you some clear rules to follow. In this conversation we talk about bringing comedy to the business world, depression in the entrepreneur community, and how he uses A/B testing in his business to make decisions. Mike Michalowicz is a former small business columnist for The Wall Street Journal; is the former MSNBC business make-over expert; is a popular keynote speaker on innovative entrepreneurial topics; and is the author of Profit First, Surge, The Pumpkin Plan and The Toilet Paper Entrepreneur Mike Website: http://www.mikemichalowicz.com/ Mike's IG: https://www.instagram.com/mikemichalowicz/ Mike's Books Profit First: https://profitfirstbook.com/ Clockwork: http://clockworkbymikemichalowicz.com/ Surge: http://surgebymikemichalowicz.com/ The Pumpkin Plan: http://pumpkinplan.com/ Toilet Paper Entrepreneur: http://toiletpaperentrepreneur.com/ http://digimorphs.com https://www.instagram.com/digimorphs/ Website Links: Full episode show notes for this episode: https://digitalbloomiq.com/podcastepisodes/mikemichalowicz-interview?rq=mike%20 Get email updates on all podcast episodes (+ SEO tips, behind the scenes, and early bird offers) : here: https://digitalbloomiq.com/email 90 Day SEO Plan: Your Dream Clients Booking You Overnight! Free webinar training here: https://digitalbloomiq.com/90dayseoplan More information about the podcast and Digital Bloom IQ: https://digitalbloomiq.com/podcast https://www.instagram.com/digitalbloomiq/ https://twitter.com/digitalbloomiq https://facebook.com/digitalbloomiq https://www.linkedin.com/in/cinthia-pacheco/ Voice Over, Mixing and Mastering Credits: L. Connor Voice - LConnorvoice@gmail.com Lconnorvoice.com Music Credits: Music: Kawaii! - Bad Snacks Support by RFM - NCM: https://bit.ly/3f1GFyN
Hoy te vamos a revelar una forma distinta —y mucho más efectiva— de conseguir prospectos usando la red de tus propios clientes, sin tener que incomodarlos pidiéndoles referencias directas. Agenda ahora una Evaluación Empresarial con Estrategia de Crecimiento de tu empresa con uno de nuestros asesores. Como lo comentamos en el Podcast este diagnóstico tiene un precio regular de $8,500 (USD 400 aprox.) pero por tiempo limitado vamos a ofrecer este diagnóstico GRATIS a los primeros que agenden. Tenemos espacios limitados por ser gratuito: https://crmcl.helpimentoring.com/evaluacionempresarial-podcast Escríbenos a ayuda@helpimentoring.com mencionando el episodio y la herramienta que ofrecimos para que te la enviemos de regalo. 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. Regularmente hacemos entre 2 y 3 Master Class al mes. 2. Con nuestros Facebook Live gratis. https://www.facebook.com/helpimentoring 3. Con nuestro grupo de Facebook de acceso a nuestros Coaches gratis: https://www.facebook.com/groups/helpicoachingcoaches/?mibextid=oMANbw 4. 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.
You're flipping dozens of houses, making hundreds of thousands or even millions, but somehow, you still feel broke. Why?In this episode, Ryan Pineda sits down with David Richter, co-author of Profit First for Real Estate Investing and founder of Simple CFO, to break down the REAL reason investors are always cash-poor even when they're making big profits on paper.They dive deep into:The biggest cash management mistakes real estate investors makeHow to stop running your business like an accidental nonprofitThe exact system from Profit First that creates clarity and controlWhat Ryan learned after nearly going broke with 70+ flips in progressGet access to our real estate community, coaching, courses, and events at Wealthy University https://www.wealthyuniversity.com/Join our FREE community, weekly calls, and bible studies for Christian entrepreneurs and business people. https://www.wealthykingdom.com/ If you want to level up, text me at 725-527-7783!--- About Ryan Pineda: Ryan Pineda has been in the real estate industry since 2010 and has invested in over $100,000,000 of real estate. He has completed over 700 flips and wholesales, and he owns over 650 rental units. As an entrepreneur, he has founded seven different businesses that have generated 7-8 figures of revenue. Ryan has amassed over 2 million followers on social media and has generat...
In this episode, Dr. Killeen introduces the Profit First method—a simple but powerful approach to managing practice finances. Instead of saving profit for last, this system flips the script, prioritizing profit and clarity over chaotic end-of-month surprises. Dr. Killeen shares his take on setting up dedicated bank accounts to keep your practice on solid financial ground, plus a quick action step to get started.
Implementing Entrepreneurial Operating Systems (EOS) in Your Business with Derek Newcomer Have you ever felt like you were great at your craft—but struggling to build a real business around it? You're not alone. In this episode of The Profit Answer Man, we talk to someone who lived that exact journey and came out stronger for it. Meet Derek Newcomer—a former fitness entrepreneur who learned the hard way that being a great coach isn't enough. Today, he's a certified EOS Implementer guiding business owners to gain control, clarity, and consistent results using the Entrepreneurial Operating System. If you're a business owner feeling stuck, overwhelmed, or unable to delegate without chaos, this episode is your wake-up call. Derek's story is proof that you can align your vision, structure your team, and scale without losing your mind—or your money. In This Episode, You Will Learn: Why being great at your craft doesn't mean you're great at running a business. The hard lessons Derek learned about delegation, leadership, and control. How EOS (Entrepreneurial Operating System) became the framework that changed everything. The step-by-step process he uses to help teams execute on vision without burning out. Why "letting go of the vine" is one of the hardest—and most profitable—moves you'll ever make. Key Takeaways: Don't Confuse Skill with Strategy: Derek was a top-tier fitness coach, but success in business required a whole new skill set—systems, delegation, and financial discipline. Delegation Requires Process, Not Just Trust: One of Derek's biggest mistakes was failing to train his team with structured systems. He learned the power of documenting what works and holding others accountable to results. Vision Without Execution Is a Fantasy: EOS helped him—and now his clients—translate big goals into daily actions that actually move the needle. Pain Leads to Clarity: Derek's business struggles became the training ground for the financial and operational clarity he now brings to his clients. Entrepreneurs Need Coaches Too: EOS Implementers act as that strategic, outside perspective to keep business owners out of the weeds and focused on growth. About Derek Newcomer: Derek Newcomer is a Certified EOS Implementer who's guided over 20 companies through more than 225 full-day EOS sessions. With a background in fitness coaching, leadership development, and executive coaching, Derek brings a unique mix of hands-on experience and strategic insight. He combines business systems, leadership development, and personal growth to help entrepreneurs lead well, scale effectively, and build businesses that serve their lives—not consume them. Conclusion: Ready to Work On Your Business Instead of In It? This episode is more than just a story—it's a roadmap. If Derek's journey resonated with you, maybe it's time to evaluate your own systems, margins, and team accountability. Want help? Our coaching programs are built around Profit First, EOS, and Scaling Up principles that help business owners like you get back control and boost profitability. Let's start that conversation. Links: EOS Webpage: https://www.eosworldwide.com/derek-newcomer LinkedIn: https://www.linkedin.com/in/dnewcomer Facebook: https://www.facebook.com/eosworldwide/ Instagram: https://www.instagram.com/entrepreneurialoperatingsystem/ 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! Profit First Toolkit: https://lp.profitcomesfirst.com/landing-page-page 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. #profitfirst
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Is your law practice truly profitable? Not just cash-flow positive, but actually generating the kind of profit that allows you to serve your clients well, take care of your team, and live the life you want? In this episode, I dive deep into the critical topic of law firm profitability with RJon Robins, founder of How to Manage a Small Law Firm and author of Profit First for Lawyers.We explore why so many lawyers struggle with profitability, how to properly calculate your cost of goods sold, and why understanding the difference between static and dynamic overhead can transform your practice. While RJon and I have different communication styles, we align on the core principle: putting profit first isn't selfish—it's essential for creating a sustainable practice that truly serves everyone involved.Get full show notes, transcript, and more information here: https://www.agileattorney.com/70
Mark Murrell is the founder and operator behind Get Maine Lobster and Black Point Seafood, specializing in scaling premium direct-to-consumer seafood brands with a focus on operational agility, customer loyalty, and brand storytelling. Raised in Maine, Mark turned a love for local seafood into a nationwide business, mastering dock-to-doorstep logistics for live lobster delivery.Since launching in 2010, Mark has served over 500,000 customers, quadrupled his customer base, expanded into new categories like seafood appetizers and select beef, and acquired Maine Lobster Direct to deepen fulfillment capabilities. His work has been featured in The Wall Street Journal, USA Today, Rachael Ray, ESPN, and national campaigns for Chase Bank, alongside collaborations with Momofuku and Geoffrey Zakarian.Rooted in a customer-first, margin-focused mindset, Mark builds brands that balance growth with sustainability. Whether scaling operations or evolving brand experiences, he brings a clear playbook for turning fresh products into loyal communities, efficiently, profitably, and with staying power.In This Conversation We Discuss:[00:45] Intro[01:32] Highlighting specialty items for customers[02:44] Starting a business from personal experience[03:50] Delivering higher quality through logistics[04:59] Pitching new ideas with simple outreach[05:51] Adapting CRM systems for operations[06:39] Managing growth with limited capacity[07:47] Balancing two businesses during early growth[09:07] Surveying customers beyond product feedback[10:36] Aligning brand identity with buyer emotions[11:36] Sponsors: Electric Eye, Social Snowball, Portless, & Reach[16:41] Taking risks when the signs are undeniable[18:43] Launching internal marketing after early growth[20:21] Redesigning operations for more agility[22:48] Realizing early sales hide margin problems[27:26] Blending creativity with structured thinking[28:29] Building resilience through daily habitsResources:Subscribe to Honest Ecommerce on Youtube#1 Lobster Delivery Service From Dock To Doorstep getmainelobster.com/Premium Maine lobster and seafood across the U.S. and Canada blackpointseafood.com/Follow Mark Murrell linkedin.com/in/mainelobsterSchedule an intro call with one of our experts electriceye.io/connectDrive revenue through affiliates & referrals socialsnowball.io/honestRevolutionize your inventory and fulfillment process portless.com/Level up your global sales withreach.com/honest. If you're enjoying the show, we'd love it if you left Honest Ecommerce a review on Apple Podcasts. It makes a huge impact on the success of the podcast, and we love reading every one of your reviews!
285: The Top 5 Profit Drains in Your Interior Design Business Welcome to the podcast! Today, we're diving into the five biggest profit drains that can silently sabotage your interior design business. If you've ever wondered where your money is going or why your profit margins aren't where they should be, this episode is for you. Grab a pen and paper—because you'll want to take notes on how to boost profitability and take control of your money management starting today. Topics Mentioned: Pricing Financials Ideal Client Managing Cash Flow Effectively Key Thoughts: You cannot sell more of something at a really bad price and continue to make money, a bad price is a bad price. Michele Williams An ideal client is somebody who has the same value statements that we are coming in with as the company and there's a value continuance between us and that client. Michele Williams The more we're fighting people, processes, or not knowing what the numbers are, the more it's going to cost us the profits and the money, but also the profitability of peace in our lives. Michele Williams Know how money comes in, know how revenues are recognized, know how profit is recognized, and know when you need those funds. Michele Williams Contact Michele: Email: Team@ScarletThreadConsulting.com Facebook: Scarlet Thread Consulting Instagram: @ScarletThreadATL Website: ScarletThreadConsulting.com LinkedIn: Michele Williams References and Resources: Work with Me The Designers' Inner Circle - Become a Member Today CFO2Go Metrique Solutions Metrique Solutions - Free Month Promo Code How to Build, Manage, and Execute on a Business Strategy course beginning August 2025 sign up now! Profit First by Mike Michalowicz
Today's guest is someone who knows a thing or two about business growth and profitability—Mike Michalowicz the entrepreneur behind three multimillion-dollar companies and the bestselling author of Profit First, Clockwork, The Pumpkin Plan, and his latest book, All In. He's also been a small business columnist for The Wall Street Journal and a business makeover expert on MSNBC. These days, he travels the world helping entrepreneurs simplify their businesses, grow sustainably, and—most importantly—avoid burnout.His mission? To lift the weight off the entrepreneurial spirit. In this episode, Mike sits down with Kendra Johnson, International Car Wash Association Senior VP of Growth, to talk about practical, no-nonsense ways car wash owners can streamline their business and set themselves up for long-term success. You'll learn:Simplifying Business Finances – Car wash owners often feel overwhelmed by the numbers, but Mike's NFN (Now, Future, Next) model cuts through the noise and makes managing finances easier.Smart Hiring & Employee Retention – Finding and keeping great employees is critical. Mike shares why hiring for the right reasons is key and how business owners can:Give employees authority and control so they take ownership.Personalize the experience (like putting their names on a company truck) to boost engagement.Initiate knowledge—the more employees know, the more invested they become.Provide psychological equity, which makes employees feel valued beyond just a paycheck.The Power of Recognition – Not all employees want recognition the same way—Mike explains how to tailor it, so it actually means something to your team.Training & Growth – Striking the right balance between employee contribution and personal growth leads to a stronger, more committed team.Identifying Your Best Customer – Here's a surprising truth: your best customer might not be who you think! Mike breaks down:Why you shouldn't just trust what customers say—trust their wallets instead.How to evaluate if a customer is truly valuable to your business.The intersection of customer value and your excitement—the sweet spot for business success.Customer Retention Strategies That Work – Want to keep customers coming back? Mike shares why subscriptions are a game-changer.
Hoy nos acompaña Mike Michalowicz, autor best seller internacional y referente mundial en PyMEs, creador de Profit First, The Pumpkin Plan, Clockwork, entre otros. En este episodio nos presenta su nuevo libro: Get Different, donde revela cómo lograr un marketing realmente diferenciado en un mundo saturado de mensajes. Un enfoque práctico y poderoso para atraer más y mejores clientes. Agenda ahora una Evaluación Empresarial con Estrategia de Crecimiento de tu empresa con uno de nuestros asesores. Como lo comentamos en el Podcast este diagnóstico tiene un precio regular de $8,500 (USD 400 aprox.) pero por tiempo limitado vamos a ofrecer este diagnóstico GRATIS a los primeros que agenden. Tenemos espacios limitados por ser gratuito: https://crmcl.helpimentoring.com/evaluacionempresarial-podcast Escríbenos a ayuda@helpimentoring.com mencionando el episodio y la herramienta que ofrecimos para que te la enviemos de regalo. 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. Regularmente hacemos entre 2 y 3 Master Class al mes. 2. Con nuestros Facebook Live gratis. https://www.facebook.com/helpimentoring 3. Con nuestro grupo de Facebook de acceso a nuestros Coaches gratis: https://www.facebook.com/groups/helpicoachingcoaches/?mibextid=oMANbw 4. 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.
On Day 24 of our 5-week journey to systemize your office, Dr. Killeen shares how to aim for "black belt" profitability with the Profit First methodology. It's all about paying yourself first and designing a cash management system that ensures your practice stays profitable by intention — not by accident. Learn the key benchmarks for expenses, when not to cut corners, and how a simple allocation system can transform your practice's financial health.
Are you stuck in a business plateau despite working harder than ever? This episode reveals why proper financial systems are the missing key to unlocking sustainable growth and higher profitability. We share real stories of entrepreneurs like Rachel and Marcus who transformed their struggling businesses by implementing three critical financial frameworks. From Rachel's home improvement company drowning in spreadsheets to Marcus's consulting firm trapped on a revenue treadmill, discover how these business owners broke free. Learn the practical systems that can transform your business finances: True Project Profitability tracking to identify which clients and services actually drive your bottom line Profit First implementation that ensures you build wealth, not just generate revenue Financial dashboards that translate accounting data into actionable business insights Key Quote: “Your business isn't broken. Your financial systems are.” Listen now to discover how implementing the right financial frameworks can help you make smarter decisions, increase profitability, and finally get off the revenue treadmill. Plus, get our bonus “Financial Systems Diagnostic Tool” by joining the Wealth Wisdom Financial Community as a Premium Member. www.wealthwisdomfp.com/community 00:00 Introduction: Transform Your Business with Financial Systems 00:46 Welcome to Wealth Wisdom Financial Podcast 01:24 This Month's Theme: Growing and Scaling 02:01 The Importance of Tracking Profit 02:29 Rachel's Story: Revenue vs. Profit 05:15 Marcus's Story: Financial System Deficit 07:19 Implementing True Project Profitability Tracking 11:23 The Profit First System 18:21 Overcoming Common Financial Misconceptions 22:10 Conclusion: Building Financial Systems for Growth Watch on YouTube: https://youtu.be/Kki_swKvs-A
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Money, money, money! Yeah, I know, we're all rolling our eyes thinking, "Ugh, not another boring finance chat!" But hold onto your wallets, because this isn't your grandpa's finance talk. Our buddy Ray Edwards, a top-notch copywriter, shares a jaw-dropping story about how he made a cool million but ended up in bankruptcy—wait, what? How does that happen? I spill the beans on my own bankruptcy saga, sharing how emotional decisions can lead us down a slippery slope. And hey, we're not just here to mope; we've got Steve Stewart from the Podcast Editors Academy joining us to sprinkle in some wisdom about putting profit first. Buckle up, because we're throwing in some sarcastic humor while we unravel the absurdity of our financial choices!Takeaways: Ignoring your finances is like playing with fire while blindfolded—eventually, you'll get burned. Being bankrupt after making millions is the ultimate plot twist—stay alert or face the absurdity! Don't let emotions rule your financial decisions; logic over feelings keeps the money in your pocket. Track every penny if you want to keep your business afloat; otherwise, expect to sink! Companies mentioned in this episode: Ray Edwards Steve Stewart Podcast Editor Academy (get the free download) Profit First book Novo (get $40 off once qualified) Relay Wave Apps Acorns Sofi Gordon Firemark Ralph Estepp Cronometer Fitness Tracker School of Podcasting Mentioned in this episode:Question of the Month: Got a Question For the Question of the Month?We've done this before. What would you ask if you were me? What question would you ask a group of podcasters? Be sure to say a little bit about your show and your website so we can give you a shoutout. I need you to answer by May 23rd, 20225.Question of the MonthCheck Out Dave's Newsletter With Behind the Scenes ContentIn each issue of Podcasting Observations, I share my thoughts on what is happening in the podcasting space, my latest content, and things that have caught my eye. I also may ask for your opinion. Join the free communityPodcasting ObservationsWorry Free PodcastingAre you ready to take your podcasting dreams to the next level? Look no further than the School of Podcasting. With over 19 years of experience, I've helped countless individuals plan, launch, grow, and monetize their podcasts the right way. My comprehensive courses cover everything from content...
At Incite, we're all about making business finances suck less. John Briggs, our CEO, uses the Profit First system himself and helps clients cut through the noise to do the same. Profit First is a cash-flow system approach to paying yourself, and taking control of your businesses money without losing sleep over it.**FREE How To Implement Profit First Packethttps://incitetax.com/implement-profi...John Briggs | Tax Geniusinfo@incitetax.comVisit our website @ Incite Tax Schedule A CallFollow us on…FacebookLinkedInInstagramYouTube
In this episode, we dive into the often-asked question: Why don't the rich pay taxes? I break down common misconceptions about income, taxes, and wealth accumulation. We explore the distinction between ordinary income and passive income, and how leveraging assets plays a crucial role in minimizing tax liabilities. Learn why trading time for money continues to generate tax obligations and discover strategies to build and utilize assets for sustainable wealth growth. Join me for valuable insights on creating a financially stable and tax-efficient business, and remember to seek professional advice tailored to your individual circumstances. What You'll hear in this episode: [0:50] The Big Question: Why Don't the Rich Pay Taxes? [1:45] Understanding Income and Taxes [3:15] Strategies for Wealth Building [5:10] Leveraging Assets for Tax Benefits [7:15] The Importance of Financial Planning If you like this episode, check out: Profit First for Real Estate Investors with David Richter How to Properly Classify Assets and Expenses Is Hiring A Tax Strategist For You? Want to learn more so you can earn more? Visit keepwhatyouearn.com to dive deeper on our episodes Visit keepwhatyouearncfo.com to work with Shannon and her team Watch this episode and more here: https://www.youtube.com/channel/UCMlIuZsrllp1Uc_MlhriLvQ Connect with Shannon on IG: https://www.instagram.com/shannonkweinstein/ The information contained in this podcast is intended for educational purposes only and is not individual tax advice. Please consult a qualified professional before implementing anything you learn.
En este episodio te compartimos una clave fundamental para el crecimiento de tu empresa: cómo diseñar un sistema de ventas sólido que no dependa exclusivamente del dueño ni de uno o dos vendedores estrella. Descubre cómo estandarizar y sistematizar este proceso crítico para lograr resultados constantes, escalables y sostenibles. Agenda ahora una Evaluación Empresarial con Estrategia de Crecimiento de tu empresa con uno de nuestros asesores. Como lo comentamos en el Podcast este diagnóstico tiene un precio regular de $8,500 (USD 400 aprox.) pero por tiempo limitado vamos a ofrecer este diagnóstico GRATIS a los primeros que agenden. Tenemos espacios limitados por ser gratuito: https://crmcl.helpimentoring.com/evaluacionempresarial-podcast Escríbenos a ayuda@helpimentoring.com mencionando el episodio y la herramienta que ofrecimos para que te la enviemos de regalo. 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. Regularmente hacemos entre 2 y 3 Master Class al mes. 2. Con nuestros Facebook Live gratis. https://www.facebook.com/helpimentoring 3. Con nuestro grupo de Facebook de acceso a nuestros Coaches gratis: https://www.facebook.com/groups/helpicoachingcoaches/?mibextid=oMANbw 4. 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.
Frances Joseph is a fractional CFO who helps law firm owners gain clarity, confidence, and control over their finances. With a deep understanding of both accounting and mindset, Frances joins the show to talk about why lawyers need to stop treating their business like an afterthought and start building something sustainable. This episode is a must-listen for anyone running—or dreaming of running—a law firm.Financial Mindset & Profit FirstFrances is a firm believer in "Profit First"—a model that flips traditional accounting on its head. Instead of treating profit as what's left over, her clients decide on their profit upfront and spend only what's left after setting that money aside.“The regular accounting formula is revenue minus expenses equals profit. And we're now saying revenue minus profits equals expenses,” shares Frances Joseph in Episode 192 of You Are a Lawyer.She also helps clients deal with money shame, scarcity mindsets, and the fear of being financially visible. For Frances, numbers aren't scary—they're powerful tools. She makes accounting approachable and fun, and she helps lawyers feel in control of their future.LISTEN TO LEARNHow and when to hire a CFO for your firmWhat it means to create a profitable business from day oneThe mindset shift that makes lawyers confident about moneyWE ALSO DISCUSSWhat it looks like to exit your law firm, even years from nowWhy lawyers often fear financial visibility—and how to overcome itHow the "Profit First" method helps law firm owners take controlJoin the FREE mailing list!Get behind-the-scenes content from You Are A Lawyer. 1) Visit www.youarealawyer.com2) Add your email address to the Subscribe pop-up box OR3) Enter your email address on the right side of the screen4) Get emails from me (I won't fill your inbox with junk)!Interact with You Are A LawyerKyla Denanyoh hosts the You Are A Lawyer podcast. Follow the podcast:YouTube: https://www.youtube.com/@youarealawyerWebsite: https://www.youarealawyer.com
In this replay of one of our top episodes ever, we dig into the messy, real-life side of running a business — the stuff most folks don't talk about. Our guest shares how building systems helped them escape chaos and start growing with purpose. We also dive into hiring smart, treating your team right, and why putting profit first can save your sanity. Whether you're in the trenches or scaling fast, this conversation will hit home. No fluff, just honest insights and practical tips you can use today. Tune in and get ready to level up! Love the idea, but find it overwhelming? Want to learn the next steps like, what to actually say on the call? Jump on a call with one of our coaches and learn strategies on how to grow your cleaning company and start loving your job every day! Book here
Are you tired of wondering where all your bar's money went at the end of each month? Kasey Anton joins us to show how the Profit First system is transforming hospitality businesses by giving every dollar a specific purpose.Learn why traditional bank balance accounting fails bar owners and how a properly structured multiple-account system can provide immediate visibility into your business's true financial health.In today's episode:Understand why P&Ls don't tell the whole story of your business's financial healthSee how segregating funds can prevent common financial pitfallsDiscover why treating your business as its own entity is crucial for successListen now to learn how Profit First can transform your bar's finances. Get in touch with Kasey:Spark Business ConsultingProfitFirst4Restaurants.comProfit First for Restaurants on AmazonLearn More:Email ChrisSchedule a Strategy SessionBar Business Nation Facebook GroupThe Bar Business Podcast WebsiteChris' Book 'How to Make Top-Shelf Profits in the Bar Business'Thank you to our show sponsors, SpotOn and Starfish. SpotOn's modern, cloud-based POS system allows bars to increase team productivity and provides the reporting you need to make smart financial decisions. Starfish works with your bookkeeping software using AI to help you make data-driven decisions and maximize your profits while giving you benchmarking data to understand how you compare to the industry at large. **We are a SpotOn affiliate and earn commissions from the link above.A podcast for bar, pub, tavern, nightclub, and restaurant owners, managers, and hospitality professionals, covering essential topics like bar inventory, marketing strategies, restaurant financials, and hospitality profits to help increase b...
Watch the YouTube version of this episode HEREIn this episode of the Maximum Lawyer podcast, host Tyson Mutrux and guest Chelsea Williams talk about money management and its relevance to law firms. Chelsea shares financial lessons to cover common mistakes such as: lack of financial education, overlooking the interconnectedness of personal and business finances, advocating for frameworks like "Profit First" to manage finances effectively and more. The discussion also explores the psychological aspects of money, the importance of aligning personal values with business goals, and strategies for achieving financial freedom and sustainable growth in law firms.Listen in. 02:35 Impact of Personal Finance on Business06:28 Profit First Framework 09:51 Addressing Money Psychology 12:14 Retirement and Financial Freedom20:51 Lines of Credit: Pros and Cons35:18 Starting a Law Firm with No Money Tune in to today's episode and checkout the full show notes here.Connect with Chelsea:Website Instagram LinkedIn Facebook YouTube MaxLawCon ticket on sale here: https://maximumlawyer.samcart.com/products/maxlawcon2025
“Practice is what gives the consistent and reliable delivery of whatever you're mastering. So for me, I remind myself that I'm not faking, I'm becoming, I'm working on it until I become it.” -Michelle Quiñonez Michelle Quiñonez, CEO and partner at Financial Stories Inc, shares how childhood play led to a lifelong love for administration and business building. She opens up about her journey from stay-at-home mom to entrepreneur, and how her passion for structure and growth fueled the launch of a full-service accounting firm alongside her CPA co-founder. In this episode, you'll learn… Why keeping your word to yourself matters The impact of joining a CEO peer group Simple time-blocking that actually works To learn more about Michelle, click here. Connect with her on LinkedIn. Time Stamp 00:53 - Michelle's early influences: childhood office play & college mentorship 02:11 - MBA shift & why she chose the accounting field 04:04 - Founding her first solo business as a stay-at-home mom 05:01 - Pain points with external tax firms & why she co-founded Financial Stories 06:50 - Merging systems, hiring, remote tech stack & onboarding 08:19 - Surprises: how hard it is to find good people & differences in accounting roles 09:51 - Personal transformation, CEO roundtable, imposter syndrome reframed 12:00 - Time management 14:18 - Why business growth is about daily consistency & reps 16:35 - How Lisa Campbell & A2A influenced Michelle's mindset & systems 19:45 - Setting clear intentions to stay present with her family 22:39 - Keeping your word—to yourself & how that shifted everything 25:47 - Visualizing success, parenting parallels & trusting your own word 31:33 - Her experience with Profit First & how it supports delegation 34:48 - Where to connect with Michelle This episode is brought to you by our great friends at Hub Analytics! Imagine having all your financial data in one place, with real-time analytics and customized reports at your fingertips. Hub Analytics is a financial platform that streamlines bookkeeping operations, so you can focus on what really matters—delivering high-quality results for your clients. With Hub's easy-to-use tools, you'll save time, reduce errors, and gain deeper insights into your clients' financials! Ready to take your bookkeeping to the next level? Book a demo to learn more and start your FREE trial TODAY!
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If you've ever felt like you're making good money but not keeping enough of it, this episode is for you. Profit First expert and author David Richter unpacks how real estate investors—especially those in self-storage—can implement a simple yet powerful financial system to gain control of their cash, build wealth, and finally stop operating in the dark. Whether you're new to the Profit First method or need to get back on track, this episode will show you exactly where to start. KEY TAKEAWAYS Profit First: What is it, and how does it work? The “Golden Trio” accounts every business should have Biggest mistakes real estate investors make with Profit First Recommended account percentages for real estate operators How to prepare for CapEx and debt service using Profit First What a fractional CFO really does and how to know if you need one RESOURCES/LINKS MENTIONED Rich Dad Poor Dad by Robert T. Kiyosaki | Paperback and Kindle Profit First by Mike Michalowicz | Hardcover and Kindle The Richest Man in Babylon by George S. Clason | Paperback, Hardcover, and Kindle The Psychology of Money by Morgan Housel | Paperback, Hardcover, and Kindle Profit First for Real Estate Investing by David Richter | Paperback and Kindle Get David's Profit First resources and learn how to implement this game-changing system in your business today. Visit simplecfo.com/gift to download the FREE ebook, audiobook, and 1-page cheat sheet! TWEETABLES "The three most important numbers in your business, cash wise, is what you make, spend and keep." - David Richter "If you think you're in self-storage, if you think you're in real estate, you're not, like, that's just the vehicle. The real game that you're playing is the game of money." - David Richter "Make profit a habit, not just a one off thing, like not an event that just is someday in the future. So make profit a habit in your business." - David Richter ABOUT DAVID RICHTER David is an active real estate investor who has played a key role in closing over 850 deals in the past 10 years. His experience spans across various strategies, including wholesale, turnkey, BRRRR, owner finance, rentals, lease options, and virtually every exit strategy imaginable. While growing a real estate business from 5 to over 25 deals a month, David realized that despite the large sums of money coming in, it was quickly going right out the door. Having had the unique opportunity to sit in every role within a real estate company, he discovered his true calling in the finance seat-helping businesses understand where their money was really going. David has successfully helped real estate companies avoid going out of business by building cash reserves and implementing the Profit First cash flow system. His expertise has been showcased on BiggerPockets, Real Estate Disruptors with Steve Trang, and many other prominent podcasts, shows, and stages. As the founder and owner of SimpleCFO Solutions, David is committed to bringing real estate investors true financial clarity and freedom, ensuring they stop living from deal to deal. CONNECT WITH DAVID Website: SimpleCFO Solutions
Sick of working your butt off and still feeling broke? Profit First flips the script—helping you actually keep your money, pay yourself first, and make your business work for you. John Briggs | Tax Geniusinfo@incitetax.comVisit our website @ Incite Tax Schedule A CallFollow us on…FacebookLinkedInInstagramYouTube
En este episodio nos acompaña un invitado muy especial: Sam Lozano, fundador de la empresa Compax. Con más de 40 años de trayectoria como emprendedor y dueño de negocio, Sam comparte valiosas lecciones, aprendizajes y experiencias que ha acumulado a lo largo de su carrera. Agenda ahora una Evaluación Empresarial con Estrategia de Crecimiento de tu empresa con uno de nuestros asesores. Como lo comentamos en el Podcast este diagnóstico tiene un precio regular de $8,500 (USD 400 aprox.) pero por tiempo limitado vamos a ofrecer este diagnóstico GRATIS a los primeros que agenden. Tenemos espacios limitados por ser gratuito: https://crmcl.helpimentoring.com/evaluacionempresarial-podcast Escríbenos a ayuda@helpimentoring.com mencionando el episodio y la herramienta que ofrecimos para que te la enviemos de regalo. 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. Regularmente hacemos entre 2 y 3 Master Class al mes. 2. Con nuestros Facebook Live gratis. https://www.facebook.com/helpimentoring 3. Con nuestro grupo de Facebook de acceso a nuestros Coaches gratis: https://www.facebook.com/groups/helpicoachingcoaches/?mibextid=oMANbw 4. 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.
In this episode, host Dominic Rubino sits down with Profit First author Mike Michalowicz to tackle the money mistakes most trades business owners are making—and how to fix them. If you're a contractor living off deposits, undercharging, or barely scraping by, this episode is for you. Topics Covered:
How do you build a business that reflects your values, serves your community, and supports the life you actually want to live? That's the heart of this conversation with Brian Thompson, a financial planner and founder of Brian Thompson Financial, who helps LGBTQ+ entrepreneurs build profitable, mission-driven businesses. We talk about what it really means to align your business with your mission and how to make money while doing good.MAKING GOOD SHOW NOTES:https://makinggoodpodcast.com/296CONNECT WITH ME ON INSTAGRAM:https://instagram.com/laurentildenGET 100 MARKETING PROMPTS (free!):https://makinggoodpodcast.com/100promptsGet your free training: Marketing 101 Video Training + Workbook.
Points of Interest0:30 – 1:31 – Meet the Guest: Marcel introduces Mike as a prolific author and entrepreneur, best known for Profit First, and previews their deep dive into simplifying profitability for service businesses.2:00 – 3:36 – From Struggle to Simplification: Mike shares how his own entrepreneurial failures led him to journal his learnings, become an author, and dedicate his work to simplifying business for fellow entrepreneurs.4:00 – 4:58 – A Framework for Entrepreneurs: Mike explains the core business needs he addresses in his books—sales, profit, order, impact, and legacy—and how each book offers practical tools to tackle one of these pillars.5:06 – 6:31 – Rethinking Growth: Mike critiques the glorification of VC-funded hypergrowth, advocating instead for right-sized, owner-aligned businesses that are profitable and purpose-driven.6:38 – 11:02 – VC Realities vs. Bootstrapping: The conversation explores the downsides of venture capital—loss of control, high pressure, low founder pay—and makes the case for customer-funded, bootstrapped growth.11:18 – 12:11 – Constraints Drive Innovation: Mike explains how constraints, like taking profit first, can push businesses to become more creative and disciplined, leading to stronger, more sustainable operations.13:01 – 14:18 – Profit First in Practice: Through his investment work, Mike mandates implementation of Profit First in struggling businesses, using profit constraints to expose inefficiencies and force needed changes.16:00 – 18:23 – The Envelope System: Profit First functions like an envelope budgeting system for businesses, with multiple bank accounts directing funds to specific purposes—profit, taxes, owner's pay, and operations.21:03 – 27:59 – Customizing for Agencies: Marcel and Mike discuss how to adapt Profit First for agencies, reverse engineering spending from lifestyle goals and avoiding industry average benchmarks.31:26 – 34:57 – Smoothing Lumpy Revenue: Mike recommends “drip accounts” to normalize cash flow for businesses with irregular income, ensuring income is recognized and allocated over time.35:03 – 37:35 – Tools and Support: The episode closes with a preview of the new Profit First app and a global network of certified professionals to support business owners in applying the framework effectively.Show NotesNew Profit First AppProfit First ProfessionalsMike's new ImprintLove the PodcastLeave us a review here.
Nate Winston returns to the podcast one year after a dramatic business split — and he's not the same guy. In this raw and reflective conversation, Nate opens up about the emotional toll of walking away from a 20-year friendship and 16-year partnership, the legal chaos that followed, and how he's found peace building his own shop from the ground up. From implementing Profit First to sandblasting therapy in the Rust Belt, Nate shares the lessons that helped him regain control, find happiness, and say no thanks to hiring. If you've ever felt stuck, burned out, or betrayed in business — this one hits deep.
I LOVED this interview with returning guest Courtney! We're talking about pricing transparency and all of the objections and fears that might come with. But that's not all… we're also talking about website design, customer behavior and more. It was such a good interview with a bunch of nuggets like: Ways to pre-qualify your leads Why brand shoots matter If e-commerce really works for our industry Planning for a website build How many pages you really need How FAQ sections help The conversation boosted my confidence in some of the ways I operate and I hope it does for you, too! Then in the UGlu Hotline, listen for a tip about utilizing the Profit First method. RESOURCES MENTIONED: Presenting sponsor: 17hats (get 50% off your 1st year) Other episodes with Courtney Other sponsors & resources: Havin' A Party Wholesale (save 5% on orders $200+ with code PODCAST) Courtney Lynette Creative Co 2025 Bright Balloon Business Planner UGlu by Pro Tapes (save 5% on orders $200+ at Havin' A Party with code PODCAST) Call into the UGlu Hotline to ask a question or leave advice! (262) 221-8514 Balloon Boss Mastermind & Summit Glow Retreat Waitlist - - - - Get bonus episodes 50 Ideas for Email Marketing | Join the Bright Balloon email list Freeform Freedom | More courses @thebrightballoon The Bright Balloon on YouTube
Chasing profits alone? Jonathan Stanley says that's a recipe for burnout and breakdown. As a seasoned business owner, author, and CEO, Jonathan shares a bold framework that flips traditional business thinking on its head. Drawing from decades of experience, he explains why true success comes from aligning your team around a clear, authentic purpose—and how […] The post Why a Profit-First Business is Doomed to Fail, With Jonathan Stanley first appeared on Business Creators Radio Show with Adam Hommey.
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This week on Beyond The Claim, I'm sitting down with my personal finance coach, Megan Schwan — CEO of Sidekick Accounting Services and a certified Profit First professional. We break down the real reason why your business can look profitable on paper but still leave you broke.
En este episodio platicaremos de una herramienta INDISPENSABLE para tu área de marketing, para medir constantemente los resultados de tus esfuerzos e inversión en marketing y publicidad. Agenda ahora una Evaluación Empresarial con Estrategia de Crecimiento de tu empresa con uno de nuestros asesores. Como lo comentamos en el Podcast este diagnóstico tiene un precio regular de $8,500 (USD 400 aprox.) pero por tiempo limitado vamos a ofrecer este diagnóstico GRATIS a los primeros que agenden. Tenemos espacios limitados por ser gratuito: https://crmcl.helpimentoring.com/evaluacionempresarial-podcast Escríbenos a ayuda@helpimentoring.com mencionando el episodio y la herramienta que ofrecimos para que te la enviemos de regalo. 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. Regularmente hacemos entre 2 y 3 Master Class al mes. 2. Con nuestros Facebook Live gratis. https://www.facebook.com/helpimentoring 3. Con nuestro grupo de Facebook de acceso a nuestros Coaches gratis: https://www.facebook.com/groups/helpicoachingcoaches/?mibextid=oMANbw 4. 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.
Kasey Anton is the founder of Spark Business Consulting and a former restaurateur. She is one of the only, if not THE only, Certified Profit First Professionals with extensive restaurant ownership experience. Kasey Anton is the author of Profit First for Restaurants! This episode is an overview of what profit first for restaurants is and how it can help you and your restaurant! Head to restaurantunstoppable.com/profitfirst to get a link to her Profit First for Restaurants Book and Course. Check out Spark Business Consulting! Join the Restaurant Unstoppable Network TODAY! Restaurant Unstoppable - EVOLVE! - Eric of Restaurant Unstoppable is now taking consultation and coaching calls! Book a consultation today! Schedule your call to become UNSTOPPABLE! Check out the website for more details: https://www.restaurantunstoppable.com/evolve Today's sponsors: Meez: Are you a chef, owner, operator, or manage recipes in professional kitchens? meez is built just for you. Organize, share, prep, and scale recipes like never before. Plus, engineer your menu in real-time and get accurate food costs. Sign up for free today and get 2 FREE months of invoice processing as a listener of the Restaurant Unstoppable Podcast. Visit getmeez.com/unstoppable to learn more. Restaurant Systems Pro - Join the 60-day Restaurant Systems Pro FREE TRAINING. This is something that has never been done before. This 60-day event is at no cost to you, but it is not for everyone. Fred Langley, CEO of Restaurant Systems Pro, will lead a group of restaurateurs through the Restaurant Systems Pro software and set up the systems for your restaurant. During the 60 days, Fred will walk you through the Restaurant Systems Pro Process and help you crush the following goals: Recipe Costing Cards; Guidance in your books for accounting; Cash controls; Sales Forecasting(With Accuracy); Checklists; Budgeting for the entire year; Scheduling for profit; More butts in seats and more… Click Here to learn more. Let's make 2025 the year your restaurant thrives. Guest contact info: Head to restaurantunstoppable.com/profitfirst to get a link to her Profit First for Restaurants Book and Course. Thanks for listening! Rate the podcast, subscribe, and share! We are on Youtube: @RestaurantUnstoppable
There are two books I always recommend to entrepreneurs just starting out, and one of them is Profit First by Mike. The book is a game-changer. Coming from the corporate world, I had a traditional mindset about finances, but this book completely flipped that perspective. It taught me to prioritize profit from day one and helped me restructure how I manage cash flow and budgets in my business. The core takeaway for me was that if I'm running a business, the goal is to pay myself—not just cover expenses. It really drove home the importance of having a solid handle on your cash, because no matter how brilliant your idea is, if you run out of money, you're done.
Are you ready to take control of your finances and build a business that works for you? In today's episode, I'm thrilled to have Mike Michalowicz, creator of Profit First, joining me on the podcast. We dive deep into the key misconceptions about Profit First, especially in the therapy space, and we explore how understanding profit differently can make a huge impact on your business and well-being.Mike and I discuss how the Profit First system isn't just about making money—it's about creating sustainability and reducing financial stress in your business. Mike shares why profit is essential for therapists and other helpers, and how a lack of profit can actually hinder your ability to serve clients. We also talk about the power of setting up your business in a way that supports you emotionally, not just financially, and the changes he's seen in the small business landscape over the years.If you've ever felt overwhelmed by your finances or unsure about the right way to approach profitability, this episode is packed with practical advice and shifts in perspective that will help you move forward with clarity.Tune in to hear how you can apply the Profit First principles in your own practice and start creating the financial foundation that allows you to thrive.For a full transcript of the episode and much more, check out the blog post on our website! https://moneynutsandbolts.com/?p=17616To watch a video version of this, check it out on YouTube: https://youtu.be/FjaiWDKcFl0 Connect with Mike MichalowiczOn Facebook: https://www.facebook.com/MikeMichalowiczFanPage/ On Instagram: https://www.instagram.com/mikemichalowicz/ On LinkedIn: https://www.linkedin.com/in/mikemichalowicz/ On YouTube: https://www.youtube.com/c/mikemichalowiczofficial Tik Tok: Mike Michalowiczhttps://dontwritethatbookpodcast.com/ Want to work with Linzy?Check out the FREE masterclass, The 4 Step Framework to Getting Your Business Finances Totally in Order, where you'll learn the framework that has helped hundreds of therapists go from money confusion and shame to calm and confidence, as well as the three biggest financial mistakes that therapists make. At the end, you'll be invited to join Money Skills for Therapists and get Linzy's support in getting your finances finally working for you. Click here to find a masterclass time that works for you! https://moneynutsandbolts.com/masterclass-signup-p/Mentioned in this episode:Want to work with Linzy?Check out the FREE masterclass, The 4 Step Framework to Getting Your Business Finances Totally in Order, where you'll learn the framework that has helped hundreds of therapists go from money confusion and shame to calm and confidence, as well as the three biggest financial mistakes that therapists make. At the end, you'll be invited to join Money Skills for Therapists and get Linzy's support in getting your finances finally working for you. Click on the link to find a masterclass time that works for you! Register for Linzy's Free MasterclassCheck Out Relay for Business BankingStay calm and in control of your private practice finances when you sign up with Relay, my go-to online banking and money management platform. Plus, if you use my link, you'll get a $50 sign up bonus once you fund your account. *Sign Up for Relay
283: Implementing Profit First with Success Welcome to the podcast! Today, we're talking about Profit First—a powerful money management system that is proven to boost interior design business profit. If you're making money but never seem to keep it, or constantly juggling funds, you're not alone. We'll show you how Profit First helps you separate money with purpose, avoid the “robbing Peter to pay Paul” cycle, and make smarter financial decisions. Whether you're just launching or scaling your design business, this episode is packed with strategies to help you pay yourself first and grow a more profitable interior design business. Topics Mentioned: Profit First Money Management Sustainability Financial Strategy Key Thoughts: What Profit First is really trying to do is put you in the mindset that we want the business to live within the means of what the business can afford to live in, so that we're not spending money that the business truly doesn't have. Michele Williams It is being able to separate out your money into bank accounts where it can then be looked at in smaller chunks with a purpose in mind, so that we're not overspending on the wrong things. Michele Williams The more that we can plan for profit and be very clear on where the money is coming in and going out, the more that we have the power to actually use those numbers to move us forward. Michele Williams The very first thing is to truly understand how money flows in and out of your business, and that means the amount, the timing, and the revenue recognition. Michele Williams Contact Michele: Email: Team@ScarletThreadConsulting.com Facebook: Scarlet Thread Consulting Instagram: @ScarletThreadATL Website: ScarletThreadConsulting.com LinkedIn: Michele Williams References and Resources: Work with Me The Designers' Inner Circle - Become a Member Today Master Your Profit course Profit First by Mike Michalowicz Profit is a Choice episode 248: All Roads Can Lead to Profit Profit is a Choice episode 189: Reviewing Your Profit First Strategy Profit is a Choice episode 092: How to Start Profit First with No Profit in Your Design Business A Well-Designed Business-The Power Talk Friday Experts by LuAnn Nigara
In this episode of Grow a Small Business, host Troy Trewin interviews Jason Kramer from Cultivate discusses his entrepreneurial journey, starting with a graphic design business before founding his current CRM strategy consultancy. He highlights the impressive growth of Cultivate, averaging 15 to 30% annually and expanding his team. Jason shares valuable insights into CRM strategy for nurturing leads and demonstrating marketing ROI, emphasising the importance of understanding your target audience. He also offers advice on key aspects of business growth, including hiring, the significance of work-life balance, and lessons learned from his experiences. Jason also touches upon the importance of good financial management and the "Profit First" methodology. Why would you wait any longer to start living the lifestyle you signed up for? Balance your health, wealth, relationships and business growth. And focus your time and energy and make the most of this year. Let's get into it by clicking here. Troy delves into our guest's startup journey, their perception of success, industry reconsideration, and the pivotal stress point during business expansion. They discuss the joys of small business growth, vital entrepreneurial habits, and strategies for team building, encompassing wins, blunders, and invaluable advice. And a snapshot of the final five Grow A Small Business Questions: What do you think is the hardest thing in growing a small business? According to Jason Kramer, the hardest things in growing a small business are finding quality people who are reliable, dependable experts with good communication skills. He also notes that juggling all the different aspects of the business can be difficult for some, though less so for him due to his organised approach. Reflecting on his early days, Jason would advise himself to seek out those who have experience and made mistakes to learn from them and accelerate success. What's your favorite business book that has helped you the most? Jason Kramer's favourite business book is "Profit First" by Mike Michalowicz. He states that this book has significantly impacted how they manage cash flow in their business using a system of multiple bank accounts. Are there any great podcasts or online learning resources you'd recommend to help grow a small business? Jason Kramer recommends Donald C Kelly's podcast, "The Sales Evangelist", for valuable techniques and ideas. He also finds Jeff Blanto's "Sales Gravy" sometimes interesting. Additionally, Jason's company, Cultivate, offers "Profit Path", a tool with coaching and ebooks for tracking leads and marketing ROI. The "Grow Small Business Podcast" itself, hosted by Troy Trewin, who interviewed Jason, is also a relevant resource, with a past episode featuring Mike Michalowicz, author of "Profit First". What tool or resource would you recommend to grow a small business? Jason Kramer recommends The Sales Evangelist podcast by Donald C. Kelly for practical, actionable sales techniques and Sales Gravy by Jeb Blount for insightful tips on business and selling. He also highlights the importance of mixing in some non-business content for balance, like Conan O'Brien's podcast, which he enjoys for its humor and engaging interviews. What advice would you give yourself on day one of starting out in business? Jason Kramer's advice to his day-one self would be: “It's going to be a hell of a ride, unexpected but worth it.” He emphasizes the importance of learning from those who've gone before — seeking out people who've made mistakes and grown from them, so you can fast-track your own success by avoiding common pitfalls. Book a 20-minute Growth Chat with Troy Trewin to see if you qualify for our upcoming course. Don't miss out on this opportunity to take your small business to new heights! Enjoyed the podcast? Please leave a review on iTunes or your preferred platform. Your feedback helps more small business owners discover our podcast and embark on their business growth journey. Quotable quotes from our special Grow A Small Business podcast guest: When uncertain, seek out those who have walked the path before, learned from their mistakes, and use their experiences to accelerate your journey to success – Jason Kramer Technology alone doesn't solve problems; having the right people in place is key to effectively addressing those challenges – Jason Kramer I believe it begins with understanding who you're helping and the problems they face – Jason Kramer
Federico Castellucci is the CEO and Co-Founder of Castellucci Hospitality Group based in Atlanta, GA. Federico was previously on the show for episode 486! Check out that episode to learn more about his back story. Castellucci Hospitality Group currently has 5 concepts across 7 locations. Locations 8,9, and 10 are all in the works. Join the Restaurant Unstoppable Network TODAY! Restaurant Unstoppable - EVOLVE! - Eric of Restaurant Unstoppable is now taking consultation and coaching calls! Book a consultation today! Schedule your call to become UNSTOPPABLE! Check out the website for more details: https://www.restaurantunstoppable.com/evolve Today's sponsors: If you listen to the show, you know we love Profit First, the money management system that bakes profit into your operation. That is why we're psyched to announce our partnership with Profit First Professional and the Author of Profit First For Restaurants, Kasey Anton. Head to restaurantunstoppable.com/profitfirst to get a link to her Profit First for Restaurants Book and Course. Be sure to register for our 4/3/25 Profit First Workshop and get a free Profit First Checklist! Meez: Are you a chef, owner, operator, or manage recipes in professional kitchens? meez is built just for you. Organize, share, prep, and scale recipes like never before. Plus, engineer your menu in real-time and get accurate food costs. Sign up for free today and get 2 FREE months of invoice processing as a listener of the Restaurant Unstoppable Podcast. Visit getmeez.com/unstoppable to learn more. Restaurant Systems Pro - Join the 60-day Restaurant Systems Pro FREE TRAINING. This is something that has never been done before. This 60-day event is at no cost to you, but it is not for everyone. Fred Langley, CEO of Restaurant Systems Pro, will lead a group of restaurateurs through the Restaurant Systems Pro software and set up the systems for your restaurant. During the 60 days, Fred will walk you through the Restaurant Systems Pro Process and help you crush the following goals: Recipe Costing Cards; Guidance in your books for accounting; Cash controls; Sales Forecasting(With Accuracy); Checklists; Budgeting for the entire year; Scheduling for profit; More butts in seats and more… Click Here to learn more. Let's make 2025 the year your restaurant thrives. Guest recommendations: Sunday Triple Seat Restaurant 365 Avero Guest contact info: Website: https://www.chgrestaurants.com Instagram: @chgrestaurants Thanks for listening! Rate the podcast, subscribe, and share! We are on Youtube: @RestaurantUnstoppable
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