Podcasts about resources profit first

Do you know what the most profitable levers and high leverage activities are in your business?  The answer might surprise you - especially when you are consumed with the day to day operations, so busy with clients & delivery that you've lost focus on your ROI. In this episode, Ella Hoyos gets chatty with Frenchie Ferenczi, a seasoned revenue strategist and business consultant. Frenchie has some brilliant insights on optimising revenue pathways for copywriters and business owners.   She shares strategies that will keep your eyes on the money so you can grow a sustainable business.  This one's for you if you're ready to maximise your financial impact without the hustle and grind. We delve into: The concept of "staying close to the money" and how it can revolutionise your business approach Common financial pitfalls creatives face and strategies to avoid them The importance of tracking income streams and planning for future business health Utilising marketing levers beyond lead generation to enhance business growth Setting up pricing and business models to maximise profitability Frenchie also shares practical tips on leveraging existing networks and customer relationships, allowing you to work smarter, not harder. Whether you're a seasoned entrepreneur or just starting out, these insights will help you navigate the complexities of running a successful business. About Frenchie  Frenchie Ferenczi is a business consultant and advisor who helps founders, creatives, and business leaders optimize their path to revenue and impact. Frenchie's mission is to build thriving business leaders who get meaningful results, leave a mark on others, and feel proud of their work daily. In her career, Frenchie has scaled $100 million businesses like The Wing, managed teams of over 50 people, and mentored 1000+ entrepreneurs. Frenchie has been featured in Forbes and Fast Company, among others and lives in New York City. Contact Frenchie: Website: https://www.frenchieferenczi.com Instagram: https://www.instagram.com/frenchie.ferenczi/ Resources: Profit First by Mike Michalowicz: https://mikemichalowicz.com/profit-first/ More... Explore Frenchie's programmes and workshops, including "Revenue School," which provides actionable strategies to enhance your financial outcomes.  Connect with Frenchie on social media or drop her a message to learn more about staying close to the money. She also has no nonsense podcast called Strategy Snacks - short and punchy 5-10 min episodes with no fluff titles like “F*ck manifesting!” Contact us Please drop us a voice note at memo.fm/crackingcopy and let us know what you think or what topics you want us to cover. Twitter @cracking_copy Facebook @crackingcopy ➡️ Share this podcast with someone who'll find it useful You can also find us at: Instagram: Ella Hoyos - @flurrymarketing Minnie McBride - @minnie__writes LinkedIn: Ella Hoyos - https://www.linkedin.com/in/ellahoyos Minnie McBride - https://www.linkedin.com/in/minniemcbride Ella Hoyos and Minnie McBride are co-hosts of this podcast. We are professional copywriters and marketers. We deep dive into a different aspect of copywriting in each ‘snack-sized' episode so that we can help you become better writers for your business. Support this podcast! If you found this episode helpful you can show your appreciation by making a donation! This helps offset the costs of producing the show and we'll love you for it :) Buy me a coffee  

Eyes here wholesalers! As Todd Toback reveals how overplanning can stall your wholesaling business and shares practical tips to keep you moving forward.He stresses the art of “progress not perfection”, and highlights the critical role of training and execution, to effectively scale your operations. He'll go through a list of your hiring needs and insist that the fastest way to grow is through relentless improvement. By the end of this episode, you will motivate listeners to take bold, decisive action! ---------Show notes:(0:40) Beginning of today's episode(1:28) Progress not perfection (2:27) You are paying too much(2:43) Train and execute (3:33) Hire three people(5:10) Make a list of everything that you want to hire(6:14) The fastest way to grow is to improve(7:17) Force yourself to operate----------Resources:Profit First by Mike MichalowiczNo Limits Sales SystemUpworkTo speak with Brent or one of our other expert coaches call (281) 835-4201 or schedule your free discovery call here to learn about our mentorship programs and become part of the TribeGo to Wholesalingincgroup.com to become part of one of the fastest growing Facebook communities in the Wholesaling space. Get all of your burning Wholesaling questions answered, gain access to JV partnerships, and connect with other "success minded" Rhinos in the community.It's 100% free to join. The opportunities in this community are endless, what are you waiting for?

Profit First by Mike Michalowicz tackles a common blindspot in businesses: financial clarity with a focus on making profit a priority from day one. By allocating funds for profit upfront, businesses ensure financial stability and sustainable growth, debunking the myth that profit is a dirty word. Bri introduces the five foundational accounts recommended by the book: income, profit, owner's pay, taxes, and operating expenses. These accounts provide a clear framework for financial management, empowering entrepreneurs to thrive without compromising profitability.Join Dr. Jay and Bri as they unravel the secrets to building a successful business while keeping profit at the forefront. Join next month for a review of Your Money or Your Life by Vicki Robin & Joe Dominguez.Resources:+ Profit First by Mike Michalowicz+ Your Money or Your Life by Vicki Robin & Joe Dominguez​​The Childfree Wealth Podcast, hosted by Bri Conn and Dr. Jay Zigmont, CFP®, is a financial and lifestyle podcast that explores the unique perspectives and concerns of childfree individuals and couples.Like the show? Leave us a rating & review. If you want to join the conversation, email us at podcast@childfreewealth.com, follow Childfree Wealth® on social media, or visit our website www.childfreewealth.com!Stay up to date with Childfree Wealth® by signing up for our newsletter here! Want to meet with a Childfree Wealth Specialist®? Schedule a consultation call here!Instagram | Facebook | LinkedInDisclaimer: This podcast is for educational & entertainment purposes. Please consult your advisor before implementing any ideas heard on this podcast.

Hi there and welcome back to another edition of ScaleUp Radio, the podcast inspired by the Entrepreneurial ScaleUp System and designed to make navigating our ScaleUp journeys that little bit easier by learning from others' experiences. I'm Kevin Brent and this week on the show I'm thrilled to be joined by Claire Munday, the mastermind behind Tappy Toes, a children's dance and movement franchise. Over two decades, Tappy Toes has evolved from Claire's passion project to a thriving franchise with 30 locations across the UK and a recent launch in Dubai. Claire's success recipe? Exceptional franchisee support, fuelled by regular check-ins, comprehensive training, and the magic of Facebook ads, boasting a £23 cost per lead. In our chat, we explore Tappy Toes' early days, the transition to franchising, and the unexpected growth during the COVID era. Claire's hands-on approach to franchisee management and her global vision for Tappy Toes add extra flair to this engaging conversation. Make sure you don't miss any future episodes by subscribing to ScaleUp Radio wherever you like to listen to your podcasts. You can also nominate a guest for ScaleUp Radio if you know someone with an interesting ScaleUp story – you can find how in the show notes   For now, listen on so you Don't miss out on the insights into managing rapid growth, international expansion challenges, and Claire's ambitious goal to make Tappy Toes a global phenomenon. Tune in now for a whirlwind tour of entrepreneurial success!  Scaling up your business isn't easy, and can be a little daunting. Let ScaleUp Radio make it a little easier for you. With guests who have been where you are now, and can offer their thoughts and advice on several aspects of business. ScaleUp Radio is the business podcast you've been waiting for.   If you would like to be a guest on ScaleUp Radio, please click here: https://bizsmarts.co.uk/scaleupradio/apply   You can get in touch with Kevin here: kevin@biz-smart.co.uk grangerf@biz-smart.co.uk   Kevin's Latest Book Is Available!    Drawing on BizSmart's own research and experiences of working with hundreds of owner-managers, Kevin Brent explores the key reasons why most organisations do not scale and how the challenges change as they reach different milestones on the ScaleUp Journey. He then details a practical step by step guide to successfully navigate between the milestones in the form of ESUS - a proven system for entrepreneurs to scale up.    More on the Book HERE - https://www.esusgroup.co.uk/   Claire can be found here: claire@tappytoes.com linkedin.com/in/claire-munday-150bb426 http://www.tappytoes.com/   Resources: Profit First by Mike Michalowicz - https://mikemichalowicz.com/profit-first/ Gold Star Pro - https://www.usegoldstar.com/

Welcome to ScaleUp Radio, the podcast where we dive deep into the world of business scaling and effective leadership. In this exciting episode, we have a remarkable story to share with you. Today, we sit down with the inspiring Lucie Grech, the visionary founder of Cypress Quay, an advanced beauty clinic. Her journey from a former dental practice manager to a thriving entrepreneur will leave you motivated and informed.  Discover how Lucie's passion for laser treatments, eyelashes, and electrolysis led her to establish her business, starting small in a business center, and eventually expanding into a larger clinic.  The discussion delves into Lucie's unique approach to hiring team members based on personality fit to maintain a positive work environment. Lucie's insights into strategic planning, leadership, and profitable growth are nothing short of exceptional. Get ready for a captivating conversation that's all about scaling up your business and making your entrepreneurial dreams a reality. Let's begin!   Scaling up your business isn't easy, and can be a little daunting. Let ScaleUp Radio make it a little easier for you. With guests who have been where you are now, and can offer their thoughts and advice on several aspects of business. ScaleUp Radio is the business podcast you've been waiting for.   If you would like to be a guest on ScaleUp Radio, please click here: https://bizsmarts.co.uk/scaleupradio/apply   You can get in touch with Kevin here: kevin@biz-smart.co.uk   Kevin's Latest Book Is Available!    Drawing on BizSmart's own research and experiences of working with hundreds of owner-managers, Kevin Brent explores the key reasons why most organisations do not scale and how the challenges change as they reach different milestones on the ScaleUp Journey. He then details a practical step by step guide to successfully navigate between the milestones in the form of ESUS - a proven system for entrepreneurs to scale up.    More on the Book HERE - https://www.esusgroup.co.uk/   Lucie can be found here: linkedin.com/in/lucie-grech-527b031bb https://cypressquay.com/ hello@cypressquay.com https://www.instagram.com/cypressquay/   Resources: Profit First by Mike Michaelowicz - https://profitfirstbook.com/ Atomic Habits by James Clear - https://uk.bookshop.org/p/books/atomic-habits-the-life-changing-million-copy-1-bestseller-james-clear/2458373?ean=9781847941831 GenieAI - https://www.genieai.io/ Calm app - https://www.calm.com/    

Let's discuss maximizing those returns and making every deal count with David Richter! David Richter saw Profit First and thought, "Hey, let's make real estate profits less bumpy.” With Profit First REI, you can decide what's yours before diving into expenses. It's like having a clear roadmap for spending and saving, all in your hands. And in today's episode, he will share the ins and outs of this wealth-building system you never thought you needed.Like what you just heard? Dive into even more by exploring the Land Sharks Program.----------Show notes:(1:16) Beginning of today's episode(6:29) Profit first leads you to better questions about your cash (11:11) Utilizing private lending (14:15) If you have reserves, you can grow your business(16:42) The profit-first system (21:20) You need to find what you need for your business(22:03) Setting up a bank account-like the envelope method!(23:10) Sweep the money first into the profit accounts----------Resources:Profit First by Mike MichalowiczProfit First for Real Estate Investing by David RichterSimple CFOFree Ebook, Audiobook and Profit First Cheatsheet- www.simplecfo.com/wholesalinginc To speak with Brent or one of our other expert coaches call (281) 835-4201 or schedule your free discovery call here to learn about our mentorship programs and become part of the TribeGo to Wholesalingincgroup.com to become part of one of the fastest growing Facebook communities in the Wholesaling space. Get all of your burning Wholesaling questions answered, gain access to JV partnerships, and connect with other "success minded" Rhinos in the community.It's 100% free to join. The opportunities in this community are endless, what are you waiting for?

Welcome to the podcast, where we explore strategies to help therapists improve their financial well-being. In this episode, we're joined by author Julie Herres, who shares insights on implementing Profit First, a cash flow management system specifically tailored for therapists. Julie's warm and empathetic approach makes financial management less daunting for therapists, enabling them to prioritize profit and create a sustainable and thriving practice.  Julie Herres is an expert in Profit First who has helped hundreds of private practice owners gain financial freedom. Founder of GreenOak Accounting, the country's largest firm serving the mental health industry, Julie is an accountant, consultant, speaker, author of Profit First for Therapists, and host of the Therapy for Your Money podcast. Changing the Narrative for Therapists Therapists Can Thrive Financially Julie believes that being a therapist shouldn't mean a vow of poverty. She aims to dispel the misconception that therapists can't make a good living while doing meaningful work. "I want to change the narrative that being a therapist should be a vow of poverty because I just don't think that is true. I think you can go out there and do this amazing work that you were called to do and also make a good living." Therapists, typically not known for being warm and fuzzy about finances, find comfort in Julie's approach. She creates a safe space for therapists to navigate their financial concerns. "I defy that [stereotype]. That's the work that I enjoy—helping therapists with their finances and providing information for those willing to implement change and improve their practice." Understanding Profit First for Therapists Profit First is a cash flow management system that helps therapists carve out profit intentionally. "By implementing Profit First, you ensure that your business's profitability is a priority from day one." Unlike the traditional formula of income minus expenses equals profit, Profit First ensures that profit is a priority. Julie explains the system's foundation: "We have three bank accounts earmarked for the owner's benefit—profit, tax, and owner's pay. Additionally, we have accounts for income, operating expenses, and payroll." By allocating funds to specific accounts, therapists can protect their profit and ensure they receive fair compensation for their work. The profit account acts as a reward for taking risks and providing valuable services to the community. "The goal of the profit account is to pay you a dividend once a quarter and reward you for your efforts as a business owner." The Power of Smaller Plates for Managing Money Managing Money Effectively Using a smaller plate analogy, Julie emphasizes the importance of multiple bank accounts in the Profit First system. By dividing funds into separate accounts, therapists gain a clearer understanding of their financial resources. Julie explains, "When you're able to see what's available and where your wiggle room is, just within that one smaller account, you're naturally going to spend less because you're not looking at one big account that also has money earmarked for other purposes." The visual representation of separate accounts prompts therapists to make more informed financial decisions. Dawn Gabriel, the podcast host, shares her own experience: "If you were going to make a decision and you saw this amount in one account versus if it was spread across seven accounts, would you make the same decision?" Common Mistakes and Solutions when Implementing Profit First Implementing Profit First To successfully implement Profit First, therapists must be aware of common mistakes that can hinder progress. The first mistake is skipping the creation of separate bank accounts. Julie debunks excuses such as lack of time or familiarity with the banking process. Doing Profit First on paper doesn't provide the same impact as physically transferring funds between accounts. Another question arises: Should therapists hide some accounts to avoid constant visibility? While Mike Michalowicz, the author of Profit First, suggests using Vault accounts at different banks, Julie doesn't recommend this approach for therapists. Instead, she suggests keeping all accounts visible but organizing them strategically for better financial management. Action Steps and Tips: Embrace the belief that being a therapist doesn't mean accepting a vow of poverty. You can make a good living while helping others. Implement Profit First by setting up multiple bank accounts for specific purposes, such as profit, tax, owner's pay, income, operating expenses, and payroll. Allocate funds to each account based on predetermined percentages or amounts. Regularly transfer money into the profit account and reward yourself as the business owner by taking a dividend from this account once a quarter. Use the visual representation of separate accounts to make more informed financial decisions. Avoid common mistakes, such as skipping the creation of separate bank accounts and hiding accounts to avoid visibility. Stay organized and track your finances regularly to ensure the system is working effectively. Seek support from professionals or resources, such as the book "Profit First" by Mike Michalowicz, to gain a deeper understanding of the Profit First system and its implementation. Links and Resources: Profit First for Therapists Green Oak Accounting Therapy for Your Money Reverse Engeniere your Ideal Life free calculator

201: How to Rethink Your Business WITH MICHELE WILLIAMS Today we are airing an episode that we launched in 2020. Many of us are seeing changes in buying patterns, budgets, and selections. While the details are different from where we were in early 2020, the rethinking our business part is the same. In this podcast we will examine how to dissect our businesses so that we can analyze them and perhaps put them back together again in a different way. Really knowing the pieces and parts, as well as what we're great at, or core competency, helps us to determine the best ways that we can show up and then serve our ideal client. Let's focus on how to be nimble in an ever-changing world. How to grow and scale while maintaining our flexibility, which is not always easy. That will allow us to maneuver through any change. I hope you enjoy. Topics Mentioned: Building blocks New picture WHY Pivot Key Thoughts: Many of us have discovered things about our business that maybe we didn't recognize before; we have new insights now. - Michele (02:08) We can't just always do business as usual. - Michele (10:30) Your why, values. mission, vision…All of those are building blocks and we're putting them together in a multitude of ways. - Michele (13:01) There is no reason that we should be building businesses that we're not 100% in love with. - Michele (19:52) The goal here is to reclaim our time and maximize our money while providing the best product and service out there. - Michele (24:36) Socials: Email: Team@ScarletThreadConsulting.com Facebook: Scarlet Thread Consulting Instagram: @ScarletThreadATL References and Resources: Profit First by Mike Michalowicz Work with Me

This week, we have Caleb Clark on the show to talk about how marketing and sales can collaborate and work towards a common goal. Caleb is the co-founder and chief partnership officer at Hook + Ladder Digital, a full-service digital marketing agency that supports client partners across multiple industries, including hospitality, finance, home services, real estate, construction, and environmental conservation.   What You'll Learn: - How organizations can get sales and marketing to work together - Creative ways to keep your pipeline consistently and reliably full - How to develop a symbiotic relationship between sales and marketing - The process of creating a unified sales and marketing team - Early warning signs of a lean pipeline - The benefits of having a consistently full pipeline - Understanding how marketing can support sales and vice versa - Caleb's advice to his younger self on how to become better at selling We all agree that sales and marketing are equally important in an organization. Unfortunately, most companies let their sales and marketing teams work independent of each other. While marketing and sales working together might look like a bad idea on paper, the reality is they're both working towards the same goal - business success.  Links and Resources: - Profit First - https://mikemichalowicz.com/profit-first/ - UK's Most Hated Sales Trainer - https://www.youtube.com/c/UKsMostHatedSalesTrainer - You Can't Teach a Kid to Ride a Bike at a Seminar - https://www.amazon.ca/Cant-Teach-Ride-Bike-Seminar/dp/0071847820/ - Hook + Ladder Digital - https://hldigital.ca/ - The Sandler Summit 2023 https://www.hamish.sandler.com/orlando  - Sandler on Instagram https://www.instagram.com/sandler_yyc/  - Sandler in Calgary www.hamish.sandler.com/howtosandler -  Full Funnel Freedom https://fullfunnelfreedom.com  -  Connect with Hamish Knox on LinkedIn https://www.linkedin.com/in/hamishknox/ 

“The search for freedom and the struggle in the middle is all worth it in the end.” When you are the owner-operator of your business, it can easily become overwhelming to handle all of it. There's a lot of things to consider, from implementing a process to optimizing your sphere of influence. To be a victorious solopreneur in the real estate world, you have to stay in your zone of genius and get help when you need it.  Meet Jesus Valdez, a 21-year-old solopreneur who broke into real estate investing on his own! Follow Jesus as he goes over his experiences in his wholesaling career. He also sends us tips on overcoming obstacles and solving them efficiently.  Bringing more opportunities to the table. Hop on in, and listen to today's episode! RESOURCES: Profit First by Mike Michalowicz Jesus on Instagram Contact information: 623-432-6791 Wholesaling Business Blueprint

Did you know that 96% of contractors will fail within their first ten years of business? That statistic is shocking! Listen in for some of the reasons many contractors tend to fail so that you can avoid their fate. In this episode, we talk about… How construction and contracting businesses actually have the highest failure rate of any other business. Marketing: The guys actually agree that this is the most important factor, because if your marketing isn't successful, you won't get any customers, so it should be a full-time position in your business. Insufficient Cash Flow: this can lead to serious problems, and it's all too common! Charging Too Little: This all comes down to good sales technique and confidence - and if you charge the right amount, chances are you won't have cash flow problems! Excessive Overhead and/or Employees: You've all seen a brand-new company spend way too much on swag on fancy equipment, right? It's important not to scale too fast. Lack of Organization: This can cause a lot of problems, frustrate your customers, and affect profitability. How business coaches can help you avoid these mistakes and everyone can benefit from some help. Links to Resources: Profit First by Mike Michalowicz - https://www.amazon.com/Profit-First-Transform-Cash-Eating-Money-Making/dp/073521414X/ Profit Club – Paid Coaching group www.hammerandgrind.com/theprofitclub Facebook group - https://www.facebook.com/groups/thecontractorprofitgroup Facebook – https://www.facebook.com/hammerandgrindpodcast Instagram - https://www.instagram.com/hammerandgrindpodcast/ Brad Huebner's Instagram - https://www.instagram.com/teamhandy/ Eric Triplett's Instagram - https://www.instagram.com/theponddigger/ Website – www.hammerandgrind.com Help us get the word out to other contractors by leaving us a review or sharing our podcast!

The meaning of money extends beyond profits and cash, it also encompasses energy. As you can see in this situation, we also have the masculine and the feminine energy. Regardless of your gender or sex, both should equally work together. When either of the energies is lopsided, your business will not achieve its full potential.  In this episode, I will share with you the highly effective ways on how to balance the masculine and feminine energy within you so that you can achieve optimum success in your personal and business life. What's more, you'll also discover how these energies work in conjunction with Profit First.  Enjoy listening!     Here are a few insights you'll hear in today's show… - Money holds masculine energy. - Masculine and feminine energy - we have both!  - The reasons why your masculine and feminine should be balanced. - The energetic signature of money. - Understanding our human reality around our finances. Resources: Profit First for UK Business - https://www.annetteandco.co.uk/pf-first-for-uk/ Connect with Annette Ferguson: Website: https://annetteandco.co.uk/ (https://annetteandco.co.uk/) Twitter and Instagram: @annetteandco_ Youtube: https://www.youtube.com/channel/UCkohh_X-4R5mKfEW9rBQ1qA (https://www.youtube.com/channel/UCkohh_X-4R5mKfEW9rBQ1qA)

In this episode of Uncover Wealth Radio 327. I shared about a topic that Cashflow and Scaling.  Scaling can be a little tricky and a very dangerous thing to implement in your business especially if you don't have a background about the steps and strategies that you need to implement. Worry no more! In this episode, I will discuss the FOUR KEY THINGS that you need to understand and implement before scaling your business. Today, Annette Ferguson, who is the host of Uncover Wealth Radio and a pro in helping entrepreneurs take home more money from their business for them and their family to enjoy, is here to tell you all about money, business wealth and creating financial freedom.Uncover Wealth Radio Episode 327Click To Tweet Get All My Best Resources Click Here Partner With Me Here Inquire Now JOIN THE FACEBOOK GROUP! Uncover Wealth Community Points of Discussion Here are a few insights you’ll hear in today’s show… The very first thing that I want to underpin in cash flow and scaling.The four key things that I want to highlight before scaling your business.The book I recommend to manage your cash flow effectively.Resources:Profit First book (PDF Version): https://annetteandco.co.uk/pfbook/ Connect with Annette Ferguson Facebook Keep posted on our updates and hit like on our page at this link: facebook.com/annettefergusonuk Instagram Give us a heart and hit follow to get some insights from us at this link:instagram.com/annettefergs YouTube Subscribe now in our channel and keep posted from our daily lives and business hacks.youtube.com/channel/UCkohh_X-4R5mKfEW9rBQ1qA LinkedIn Keep updated and connected on our certified post at this link:linkedin.com/in/annettefergusonuk Twitter Follow and tweet with us on this link: twitter.com/Annette_Fergs TikTok Keep on the trend with us on this link: tiktok.com/@annette_fergs iTunes https://podcasts.apple.com/gb/podcast/uncover-wealth-radio/id1473582522 Website Visit and inquire on our homepage at this link: annetteandco.co.uk

#167: Most people calculate profit the wrong way. We’re so used to this formula:  Income - Expenses = Profit. What if we look at it the other way around? Join us as we talk about profit with Susanne Mariga, CPA, host of https://podcasts.apple.com/us/podcast/the-profit-talk/id1513237013 (The Profit Talk Podcast), and co-author of the book Profit First For Minority Business Enterprises (2021). In today’s episode, Susanne will guide us through flipping the equation, avoiding the entrepreneur poverty situation, and taking the profit first concept. We will cover some tips on putting a rein on your expenses, understanding the target allocation percentages, defining what winning looks like for you, and knowing what changes to make so you can scale your business and get your life back.  Top 3 Things You'll Learn: Assessing your entrepreneurial journey  Drill down on your Profit and Loss Statement Why you should embrace the Profit First Concept   About Susanne: Susanne Mariga is a Certified Public Accountant (CPA), Certified Tax Coach (CTC), and Chartered Global Management Accountant (CGMA) with over two decades of experience helping clients achieve their financial goals through business and personal tax planning. Before founding her firm, Susanne worked at Arthur Andersen LLP and one of the Big 4 firms, KPMG. Combining her industry knowledge with her own experience of growing a small business has allowed Susanne to help her clients design unique, profit-first based business plans that ensure success and long-term financial stability. As a Certified Profit First Professional (PFP) at the Mastery Level, she is passionate about helping small business owners and entrepreneurs maximize their revenue and grow their business.  Resources: Profit First by Mike Michalowicz: https://profitfirstbook.com/ (https://profitfirstbook.com) The Profit Talk: https://podcasts.apple.com/us/podcast/the-profit-talk/id1513237013 (https://podcasts.apple.com/us/podcast/the-profit-talk/id1513237013)   Connect with Susanne: Website: http://www.susannemariga.com/ (www.susannemariga.com) Facebook:https://web.facebook.com/groups/ProfitFirstMasterClass ( https://web.facebook.com/groups/ProfitFirstMasterClass) Instagram: https://www.instagram.com/susanne.mariga (https://www.instagram.com/susanne.mariga) YouTube: https://www.youtube.com/channel/UCaO8sOixGKJMsQOoywHE31Q (https://www.youtube.com/channel/UCaO8sOixGKJMsQOoywHE31Q)

Being a successful business owner requires getting out of the feast-famine cycle. Today, I'm sharing how the Profit First method of accounting helped me break that cycle and start paying myself a regular salary. RESOURCES: Profit First by Mike Michalowicz Becky Mollenkamp believes women deserve to feel powerful and fulfilled. As a certified business mindset coach, she helps her clients dream and play bigger, while also finding contentment in the here and now. Learn more about Becky at beckymollenkamp.com. Book a free discovery call with Becky at beckymollenkamp.as.me/gutsybosspodcast

A few weeks ago I shared three ways to replace your income and leave your 9 to 5. If you haven't already tuned into that episode be sure to do so either before or after listening to this one.In today's episode, I want to cover the four strategies on how to price your services and offers for profit. I'll be sharing some of the basic principles to consider when starting out depending upon whether you're selling a product or a service, may determine how you price your offer. For today's podcast, I'm going to dive deeper into the service-based businesses such as a VA or a contractor, but still sharing some things to consider.In this episode, you will...How to price yourself if you're a service-based business ownerLearn about the four ways to price your serviceDiscover the owner's payGet tips and strategies that you can use with your own businessInsights:"Be conscious of overpromising and under-delivering." Resources:Profit First by Mike MichalowiczHer Way Community@shediditherway

090: How to Rethink Your Business for Maximum Success WITH MICHELE WILLIAMS On the podcast today we're going to look at how to dissect our businesses so that we can analyze them and perhaps put them back together again in a different way. Really knowing the pieces and parts, as well as what we're great at, or our core competency, helps us to determine the best ways that we can show up and then serve our ideal client. We're going to focus on how to be nimble in an ever-changing world. How to grow and scale while keeping flexibility, which is not always easy. That will allow us to maneuver through any change.  Topics Mentioned: Building blocks New picture WHY Pivot Key Thoughts: Many of us have discovered things about our business that maybe we didn't recognize before; we have new insights now. - Michele (02:08) We can't just always do business as usual. - Michele (10:30) Your why, values. mission, vision…All of those are building blocks and we're putting them together in a multitude of ways. - Michele (13:01) There is no reason that we should be building businesses that we're not 100% in love with. - Michele (19:52) The goal here is to reclaim our time and maximize our money while providing the best product and service out there. - Michele (24:36) Socials: Email: Team@ScarletThreadConsulting.com Facebook: Scarlet Thread Consulting Instagram: @ScarletThreadATL References and Resources: Profit First by Mike Michalowicz The Designers' Inner Circle - Become a Member Today

086: Creating a Transition and Restart Plan WITH MICHELE WILLIAMS Today, I am going to share with you some of the training that I've been offering my private group. I really believe that this is information we should all have. It's also going to be information that you're going to be able to catch in video form in my blog post later this month, and there's a downloadable PDF that will come in the blog post.  In this process, that we're going to look at today, it’s about creating a transition plan and a restart plan. I am an advocate of doing all the planning in advance as much as we can. So that when it comes time to execute, we already know what to do.  It’s kind of like where you're thinking about what's the worst-case scenario or even a best case scenario. And then when it's time to do it, you just do it. So, with that we are going to be looking at how to create a transition plan. What is a transition plan? Why do you need one?  All of those good details and hopefully it's going to help you not only manage during this time but prepare for what's to come. Stay tuned and enjoy the podcast.  Topics Mentioned: AIM with Intent  People, process, profit  Transition plan  Restart plan  Key Thoughts: One of the things we have to think about as part of continuity is what happens during a time that a business is disrupted. And that disruption doesn't always have to be negative. - Michele (03:26) I'm telling you to repackage and repurpose some of what you do so you can make money differently, market it differently, change the messaging. - Michele (12:33) The more I plan in advance, the safer I feel. - Michele (15:51) The goal here is to survive this and then it's to go back to thriving. - Michele (18:50) The goal out of this is for you to just open your brain, and to allow yourself to think in a way that is creative and strategic on what can you do to help this business survive until we can pick back up with business as usual. - Michele (19:10) Socials: Email: Team@ScarletThreadConsulting.com Facebook: Scarlet Thread Consulting Instagram: @ScarletThreadATL References and Resources: Profit First by Mike Michalowicz 30-Minute Strategy Call - Schedule Today EP. 035 with Darren Virassamy - Listen Today Master Your Profit - Enroll Today Understanding Your FInancials - Enroll Today Faith and Business - Become a Member Today The Designers' Inner Circle - Become a Member Today Build a Profitable Business for Interior Designers and Workrooms - Become a Member Today

085: Perspective in a Crisis WITH MICHELE WILLIAMS Welcome to the podcast today. You know, most of my podcasts are recorded well in advance of when you are going to hear them. Sometimes one or two months in advance and they're normally planned out. Right now we're in a time of very dynamic changes to information. And what's happening can change in a matter of moments. What we start with in the morning may be something different than that we know or are learning about in the afternoon. I want to make certain that I am being dynamic in our podcast with what is happening and not to miss that. And so we're going to be changing up just a little bit. Feel free to take notes and think about how to create a new perspective for your business as you listen to the podcast today. Topics Mentioned: Control your thoughts Conserve resources Know your cash position Engage professionals  Key Thoughts: I've been through enough in my life to know that in the midst of difficulty, there is an awesome opportunity and awesome things happening. - Michele (04:06) There's innovation happening right now. Hopefully, there are innovative ideas that are being discovered in our own businesses. - Michele (05:52) The more that we enjoy saving more than spending, the better off we're going to be. - Michele (09:59) Knowing my cash flow is critical to know where to spend, how to spend, how long it's going to last, what decisions I can make, and how to move forward. - Michele (14:58) Don't sit back and struggle or downward spiral. - Michele (17:20) Caring goes a long way. I think that there are going to be some beautiful gifts that we get out of this Covid-19 - the ability to see each other differently, to care for each other and to understand the symbiotic relationship that we all have. - Michele (19:28) Socials: Email: Team@ScarletThreadConsulting.com Facebook: Scarlet Thread Consulting Instagram: @ScarletThreadATL References and Resources: Profit First by Mike Michalowicz 30-Minute Strategy Call - Schedule Today EP. 058 with Jennifer Smith - Listen Today Master Your Profit - Enroll Today Understanding Your FInancials - Enroll Today Faith and Business - Become a Member Today The Designers' Inner Circle - Become a Member Today Build a Profitable Business for Interior Designers and Workrooms - Become a Member Today

076: Financial Structure Needed to Support Growth with Virginia Toledo and Jessica Geller With me today are Virginia Toledo and Jessica Geller of Toledo Geller. They have a boutique firm that excels at delivering turn-key, custom residences for singles, couples, and families who value exceptional design. Virginia and Jessica’s approach begins with a deep dive into how each client dreams of living and they get to know their clients intimately. Virginia, Jessica and I have been working together for most of 2019 to build and enhance their financial structure and systems to support their growth in the design business. On the podcast today they will share a bit of that journey to own their numbers and financials. Topics Mentioned: Structure Growth Capability Confidence Key Thoughts: There are so many statistics about failed business partnerships that are made up of families or friends. - Virginia/Jessica (10:48) We don’t always align, but we always respect each other. - Virginia/Jessica (14:13) Sometimes you do not want to over process and over structure. - Michele (18:27) We finally learned that an Accountant just “accounts”. - Virginia/Jessica (28:46) There is more at risk the bigger our companies get…More risk to get it right. - Michele (31:05) We knew we had a business, but it was also a little bit of a passion project when you really didn’t associate the financial aspect. - Virginia/Jessica (36:17) You were doing a lot right. There were some missing pieces to support you. - Michele (44:31) If we focus so much on the fear, it keeps up stuck. - Michele (49:27) We have the ability to leave a legacy. - Virginia/Jessica (50:55) Socials: Contact Toledo Geller Website: http://toledogeller.com Facebook: Toledo Geller Luxurious Interiors Instagram: @toledogeller Contact Michele Email: Team@ScarletThreadConsulting.com Facebook: Scarlet Thread Consulting Instagram: @ScarletThreadATL References and Resources: Profit First by Mike Michalowicz Understanding Your Financials - Enroll Today Master Your Proft - Enroll Today The Designers' Inner Circle - Become a Member Today PIAC EP. 007 with Kristy Lott - Listen Today PIAC EP. 028 with Peter Lang - Listen Today

075: Removing the Overwhelm in Big Goals WITH CYNTHIA BLESKACHEK Cynthia Bleskachek is with us today to share a business challenge. She has been doing upholstery professionally since 2001 and is the owner of The Funky Little Chair which focuses on hands-on education for aspiring professionals.   Cynthia’s challenge is around the organization of all the thoughts, ideas and actions necessary to bring her vision and long-term strategy to serve the upholstery trade to fruition. Listen in as we dissect the challenge and create some ways to remove the overwhelm and get things done. Topics Mentioned: Time Resources Overwhelm Team  Key Thoughts: I have so many random things made that aren't really meaningfully organized or available or searchable. - Cynthia (16:32) You’re making the pieces and parts we need to tie it together with a bow. - Michele (16:38) In a perfect world, I would like to see some low residency training events happen through the Funky Little Chair, in the next year. - (Cynthia 22:31) There's got to be this balancing act. - Michele (31:21) It feels unfamiliar and messy to me. - Cynthia (33:09) We cannot build these huge firms by ourselves. - Michele (33:59) The only way to create massive movement towards a huge goal, is to get help. - Michele (34:03) Not everybody wants to own their own company. - Michele (37:38) Write down the standards of how you would like to build, because then you can also go back and look at any pieces and parts that you've already created. - Michele (45:17) It takes so long to create trust. - Cynthia (53:36) Look at the difference between…what are my people needs? What are my process needs? Maybe what are my online needs? - Michele (58:48) We don't really need to worry, at this exact moment, how to get your clients in the door…If we don't even know what we're getting them in the door for. - Michele (1:00:12) Socials: Contact Cynthia Website: www.thefunkylittlechair.com YouTube: www.youtube.com/thefunkylittlechair Facebook: The Funky Little Chair Instagram: @thefunkylittlechair Contact Michele Email: Team@ScarletThreadConsulting.com Facebook: Scarlet Thread Consulting Instagram: @ScarletThreadATL References and Resources: Profit First by Mike Michalowicz The E-Myth by Michael E. Gerber Start with Why by Simon Sinek The Designers' Inner Circle - Become a Member Today PIAC EP. 024 with Cynthia Blescachek - Listen Today

074: Challenge to Trust WITH SHARI WALLA Joining us today is Shari Walla, owner of Accent Custom Drapery in Sterling Heights, Michigan. Shari is a to the trade workroom and is sharing a business challenge with us today. As you listen, you will hear that the challenge may be presenting as one thing – but that there is a different fear and challenge behind it. Maybe this has happened to you. We are going to dig into the ideas of fear of rejection, fear of being abused in a business relationship and fear of trusting ourselves. Learn how to restore your confidence in yourself to be able to move forward with actions that support you and your goals. Topics Mentioned: Fear Rejection Ideal client Confidence  Key Thoughts: It's very easy for me to see a window treatment that looks complicated (and is complicated sometimes) and it's very easy for in my mind to unfold it and create a pattern. - Shari (03:37) I would like to get some new designers to work for us. - Shari (09:55) You're trying to figure out whether or not this person is going to be your life partner. - Shari (14:55) This isn't just a dating process where we're just going out to meet people and hang out for a coffee and walk away. We're looking to build our businesses together. - Michele (15:50) It only takes one really bad experience...whether it's our fault or no - just being involved in a really bad experience to shake your confidence. - Michele (27:37) When you write down who you love working with, it is going to remind you that you already have made really great choices with who you are attaching yourself to, and who was being attached to you. - Michele (30:49) So every time that one bad experience comes up, I want you to say, "Nope, you don't get my focus." - Michele (38:11) I know all these things, but it's just really hard sometimes to put them in practice. - Shari (50:43) You have permission to implement it. - Michele (52:20) Socials: Contact Shari Website: http://accentcustomdrapery.com Facebook: Accent Custom Drapery, LLC Instagram: @accent_custom_drapery Contact Michele Email: Team@ScarletThreadConsulting.com Facebook: Scarlet Thread Consulting Instagram: @ScarletThreadATL References and Resources: Profit First by Mike Michalowicz Who’s In Your Room? by Ivan Misner, et. al Best Journal Ever - Purchase Today The Designers' Inner Circle - Become a Member Today PIAC EP. 052 with Michele Williams - Listen Today

072: Committed to the Pursuit WITH CEIL DIGUGLIELMO With me again on the podcast is Ceil DiGuglielmo. Ceil and I had a joint podcast at the end of 2018 and agreed to do another based on the feedback. Ceil is owner of the Curtain and Soft Furnishings Library as well as Sew Much More podcast and also a drapery workroom by the same name. We are going to share how we approach a review of our company at year-end, how our thoughts and impressions impact our goal setting, what our goals look like, and the exercises we go through to help form our thinking and intentions. We would love for you to share your exercises and thoughts with us after you listen. Enjoy the podcast. Topics Mentioned: Goal setting Yearly review Year-end exercises SWOT Thoughts from Ceil: The word “Obligation” feels heavy. Outer expectations are what helps me get things accomplished. I have always cared way too much what people thought about me. The ability for me to stop and ask “What do I want?” has increased. Maybe we need to use the word “appointment” more in order to stick with things. Be committed to the pursuit. Thoughts from Michele: My processor doesn't turn off. I love to talk and I love to process externally. feel like if I'm going to spend time talking to somebody, I want to make an impact. Am I willing to get up and go get my booty moving because my calendar tells me to? I can't just be connected to “I want to be financially sound.”…I have to be connected to the pursuit of being financially sound. Socials: Website: https://www.sewmuchmorepodcast.com Facebook: Sew Much More Podcast Instagram: @ceildi Website: https://www.scarletthreadconsulting.com Facebook: Scarlet Thread Consulting Instagram: @scarletthreadatl References and Resources: Profit First by Mike Michalowicz The Four Tendencies by Gretchen Rubin Who’s In Your Room? by Ivan Misner, et. al Best Journal Ever - Purchase Today EP. 020 with Ceil DiGuglielmo - Listen Today EP. 064 with Joel and Michele Williams - Listen Today EP. 061 with Amy Ferrer - Listen Today The Designers' Inner Circle - Become a Member Today

071: Pivoting in Business WITH SHERI COREY Welcome to another episode of our Business Challenges Series. In this series, business owners share their challenges and we work through the issues to solve the problems they are facing. Even if your challenge is not the same, listen in to see if the methods and thought processes could apply to you.  Our business challenge today is from Sheri Corey of Style and Stitch in Homewood, Alabama. Sheri is pivoting in her business to also prepare for the end game – retirement. Listen in as we dig into the fear that is surrounding her pivot and the often present Imposter Syndrome. Topics Mentioned: Pivot Imposter syndrome Fear Rejection Thoughts from Sheri: I question if I am good enough. I made a commitment…but can I really do it? I have a fear of losing money if a client doesn’t like what I’ve done. Socials: Website: https://www.styleandstitch.net Facebook: Sew Sheri Designs Instagram: @sewsherisew References and Resources: Profit First by Mike Michalowicz EP. 060 with Amy Ferrer - Listen Today The Designers' Inner Circle - Become a Member Today

070: Business Challenges with Scaling WITH ANNETTE FABER The podcast today is part of a new series called Business Challenges. In this series, business owners share their challenges and we work through some methods to solve the problems they are facing. Even if your challenge is not the same, listen in to see if the methods and thought processes could apply to you.  Our first business challenge is from Annette Faber of Kaylee’s Creations in Greenville, SC. Annette is a to the trade workroom and is looking to scale. Her vision of the future of her business has a bit of a twist to it – and this twist can change the course of her business based on how she implements.   Topics Mentioned: Entrepreneurship Challenges Growth Thoughts from Annette: I feel like there are so many other things that can get done. I am not cooking meals for my family. I am primarily working. I am honestly afraid of the commitment of having help. Having someone (help) who I can have with me all of the time is a challenge. Watching my business grow has changed me as a person. I thought “This is my last-ditch effort so I won’t have to go out of business.” It takes a lot of growing and maturing as a business owner. Socials: Website: www.kayleescreations.com Facebook: Kaylee's Creations Instagram: @annette.faber References and Resources: Profit First by Mike Michalowicz  The Designers’ Inner Circle - Join Today!

069: The Weight of Entrepreneurship WITH BRENDA THOMPSON On the podcast today is Brenda Thompson, owner and lead designer at HouseLift Design. She is a designer in the Metro Atlanta area and started it as a second career after 20 years working in corporate. Brenda and I are going to talk about three main topics today: transitioning from corporate to being an entrepreneur, how she scaled her business and realized she could not do everything, and creating a work/life balance.   Brenda is open and transparent about her journey and that makes it such a great discussion. My bet is that each person listening will find some area of the conversation that resonates with their own journey. I know I saw many parallels with my story. Topics Mentioned: Weight Support Balance Transition Thoughts from Brenda: I’ve always cared about profitability. I didn’t expect the “weight” of running your own business. I am always thinking about the business. I just wanted to have the freedom to do my own thing. Happiness matters. A support system is so needed when you venture out to start a business. I knew there was going to be a time period that I was going to work a lot. Anytime someone called me, I wanted to say yes….But it started to drive me crazy. I was letting the business run me instead of me running my business. My sanity and the flow was worth more than having that extra consult. When I didn’t have an outlet, I felt lonely. Socials: Website: https://www.houseliftdesign.com Facebook: House Lift Design Instagram: @houseliftdesign References and Resources: Profit First by Mike Michalowicz The Toilet Paper Entrepreneur by Mike Michalowicz EP. 058 with Jennifer Smith - Listen Today Actionable Tips for Time Management - Listen Today The Designers' Inner Circle - Become a Member Today

067: Detailed Bookkeeping for Designers WITH SHERRY WILSON Joining me on the podcast today is Sherry Wilson, owner of Business By The Book which provides bookkeeping services across the country. Sherry started her business as a side hustle in 2013 and I met her in 2014. She has grown the firm to more than 5 people and now has a location outside of her home.  Sherry and her team strive to offer excellent service and industry understanding. Some of their offerings include budgeting, payroll, and sales tax filing in addition to the normal bookkeeping services we all need. Sherry and her team have multiple certifications and stay on top of the latest and greatest changes each year. Topics Mentioned: Bookkeeping Business Growth Processes Oversight Thoughts from Sherry: If people are not comfortable with their bookkeeping skills, we are more than happy to do that for them. Retainers are not really earned income until applied to an invoice. Sales tax rules are constantly changing. The better the communication, the less the bookkeeping fees will be. It is never too soon to hire a bookkeeper. Always have a W-9 on file for your sub-contractors. If you are bi-lingual, you can communicate with 80% of the world. Don’t allow set-backs to discourage you. There is a season for everything. Socials: Website: https://www.businessbythebook.money Facebook: Business by the Book Instagram: @businessbythebook.money References and Resources: Profit First by Mike Michalowicz Master Your Profit - Enroll Today Understanding Your Finances - Enroll Today EP 7 with Kristy Lott - Listen Today EP 28 with Peter Lang - Listen Today EP 53 with Emily Moore - Listen Today EP 55 with Courtney McLeod - Listen Today The Designers' Inner Circle - Become a Member Today

066: Staging Can Be Fun And Lucrative WITH CINDY LIN Cindy Lin is on the podcast today. She is a home staging educator, podcaster and the founder of Staged4more School of Home Staging.  Her podcast, The Home Staging Show,  is the longest-running and the #1 podcast on iTunes dedicated to home staging.  Her goal is to provide modern, practical and quality home staging education to help home stagers excel and build profitable and sustainable businesses.   In our time together today, we focused on what staging is, how Cindy got started and some of the pivots she has had in entrepreneurship. Cindy is always learning and trying to stretch herself. Listen in as she shares where she thinks she got that drive.  Topics Mentioned: Staging Pivot Growth Entrepreneurship Thoughts from Cindy: It was a very natural transition for me. Running a business takes a lot of moving pieces. Profits will save any problem in a business. When you have loop holes in your contract, you will leak money. When you are an entrepreneur, the 80/20 rule really applies. You can create freedom from your business no matter how busy you are. I think the edge between interior design and staging is becoming blurred. You have to tell the visual story about your brand. Because the way things are with social media, it promotes more transparency. We need to understand how consumers today are buying. Socials: Website: https://www.staged4more.com Facebook: Staged 4 More School of Home Staging Instagram: @staged4more References and Resources: Profit First by Mike Michalowicz The E-Myth by Michael E. Gerber Start with Why by Simon Sinek The Designers' Inner Circle - Become a Member Today

064: Married to an Entrepreneur WITH JOEL AND MICHELE WILLIAMS On the podcast today, I have my husband Joel.  I am pretty excited and just a little bit scared about the conversation that we're going to have…but I think it's going to be fun for many of you. My listeners have asked what my husband thinks of what I do, so I'm going to ask him some questions. Topics Mentioned: Family Work ethic Partnership Entrepreneurship Thoughts from Joel and Michele: We grew up in households where the income came from big companies or the Public School system. We were sleeping in the “work room”. I couldn’t even buy shoes for the kids, but I was working on clients’ second or third homes. We went from having six figure jobs to zero income coming in. I worked a lot, but it was based around everyone else’s schedule. There are different burdens each one of us carry. I was shocked at what people were willing to spend to cover windows. Our boys have been raised in a home that values work. Work is called work for a reason. Profitability is more than about the money. Socials: Email: Team@ScarletThreadConsulting.com Facebook: Scarlet Thread Consulting Instagram: @ScarletThreadATL References and Resources: Profit First by Mike Michalowicz The Designers' Inner Circle - Become a Member Today

063: Legal Assistance Supports Profitability WITH JAMIE LIEBERMAN Jamie Lieberman joins the podcast today. Jamie is a lawyer and founder of Hashtag Legal. Jamie describes her firm as not only your lawyer, but a partner in your business. I love that description. Her firm focuses on helping you maximize your profit while protecting your assets. And who can’t get behind that!   Jamie and I met at Podcast Movement this summer. And as you can hear me share with Jamie in our discussion – she was so approachable. Honestly, after a quick meeting, I was a little shocked that she was an attorney. Not because she was not professional – quite the opposite. She was professional and approachable – and that is not always expected from the legal profession.   Topics Mentioned: Protection Contracts Legal entity Brand name Thoughts from Jamie: Finding the right person who makes it easy, is the one to go with. I knew I needed client contact. I realized there was a huge gap in the industry. I love it because I live my clients. You have to put your time in. I really think you should stretch yourself and try new things. The thing about business is that every business is unique. When you don’t form an entity, you potentially leave yourself open for a liability personally. When you get the idea to start a business, form the business (legally) immediately. There is a difference between a business name and an actual trade name. Trademark is one area I do not recommend DIY. Think about how you feel when you are talking to your lawyer. Socials: Website: https://www.hashtag-legal.com Facebook: Hashtag Legal Instagram: @hashtag_legal References and Resources: Profit First by Mike Michalowicz The Designers' Inner Circle - Become a Member Today 5 Languages of Appreciation by Gary Chapman

061: Help and Encouragement for Designers WITH AMY FERRER On the podcast today is Amy Ferrer of Miko and Boone Home. Amy and I have been friends for quite a few years. Probably since 2013 when I met her through another colleague. Amy is just one of a kind and I'm so excited to bring this podcast to you today. What we're going to talk about is her journey and how she uses that to encourage others. Amy started off as a drapery workroom and she definitely has a heart for designers. I don't think I've ever met anybody who expresses their passion the way Amy does. Topics Mentioned: Journey Fear Courage Passion Thoughts from Amy: Sewing wasn’t my passion. My passion was meeting with the clients. We are always looking at a better way of doing things. I am a present at the moment, but I am always looking down the road. If you have something tugging in your heart, you have to follow it. It is so easy to feel discouraged. We are all creatives. We have all “been there” and you are not alone. We love for designers to feel as if we are a part of their team. I believe design is here to stay. We all have a talent. The benefits of people to having a designer is to have someone with an eye and a plan. We all make mistakes. Give yourself some grace. Socials: Website: https://mikoandboonehome.com/ Facebook: Miko + Boone Home Instagram: @mikoandboonehome References and Resources: Profit First by Mike Michalowicz The Designers' Inner Circle - Become a Member Today

058: Creating A Board of Directors that Supports You WITH JENNIFER SMITH With me today is Jennifer Smith of JLS Designs in middle Tennessee (just outside of Nashville).  Jennifer began her business almost 20 years ago focused on window coverings. She now offers design services to her clients as well.  Jennifer has a vast portfolio of clients. She has completed design projects for Fortune 500 executives, some of the country’s most talented music and athletic industry professionals and hundreds of families to meet their home design and decor needs.  Her expertise and attention to detail has helped clients renting one-bedroom apartments and owners of multimillion-dollar estates. Her work has transformed area homes, schools, and office suites across the region.  Topics Mentioned: Support Guidance Advice Trust Process Thoughts from Jennifer: You don’t have to rush to fill every seat at the “table”.   I trusted the process and trusted the advice, but I didn’t trust myself.  I need an accountability partner (personally).  That is on my radar right now.  We need a tribe.  We need those who are going to support us.   I can be a party of one really nicely...BUT I don’t want to be a party of one.  I am trying to be intentional on how I do my business...and you cannot do that on your own.   I have the power to make changes and alter the course of where I am going.  If nothing else, I am seeing the results in my business.  I am only as good as the team that I have surrounded myself with.  Socials: Website: https://jlsdesignstn.com Facebook: JLS Designs Instagram: @jlsdesignstn References and Resources: Profit First by Mike Michalowicz Who’s in Your Room by Ivan Misner Ph.D Girl Wash Your Face by Rachel Hollis Discover Your 34 - Take Assessment Today PIAC EP. 35 with Darren Virassammy - Listen Today The Designers' Inner Circle - Become a Member Today

054: Community and Connection Even as an Introvert WITH CAT FRENCH Cat French, founder of Catherine French Design, LLC. Cat runs a full-service interior design studio located in Chapel Hill, North Carolina. She is a graduate from the University of North Carolina at Greensboro with a Master of Fine Arts in Interior Architecture and a Specialization in Historic Preservation. After teaching the Environmental Design Studio at UNCG and giving presentations on interior design and historic preservation at several State and National conventions, Cat decided to open her own business and launched Catherine French Design, LLC – just a few short years ago. Her clients include executive-level professionals, Physicians, Authors, and Professors, and are located all across the East Coast, ranging from luxury new construction homes to relaxing condos by the sea. Cat is known in the professional community as a trusted, reliable designer that will get the job done on time and within budget.  Topics Mentioned: Community Psychology Scaling Introvert Thoughts from Cat: I am a people pleaser and a helper. I like to solve problems. There is no carbon copy on my staff. I am here to understand where your pain points are. If they are not able to “go” with us, then they are not the client for us. I want to keep the client happy, but I need to lookout for my team as well. Before responding to a client, I like to take time to think about what I need to say. It is the community that takes care of small businesses. I feel like we can do some amazing work in our own community. Socials: Website: https://catherinefrenchdesign.com Facebook: Catherine French Design Instagram: @catfrenchdesign References and Resources: Profit First by Mike Michalowicz EP. 44 with Mark McDonough - Listen Today EP. 11 with Tracie Taylor - Listen Today EP. 35 Darren Virassammy - Listen Today EP. 49 with Monique Becker - Listen Today Understanding Your Financials - Enroll Today Master Your Profit™ - Enroll Today The Designers' Inner Circle - Become a Member Today

053: Bookkeeping for Success WITH EMILY MOORE On the podcast today is Emily Moore. She owns and operates the Bean Countery which is a Certified Profit First full-service accounting and advising firm. What started as a side hustle to save her soul from Corporate Finance has grown over the past decade.  It is now a full-time passion of hers to meet entrepreneurs where they are and improve their business finances and overwhelm so they can live the life they crave.  Emily lives near Cincinnati, loves to write and spend time with her hilarious family. She is an enthusiastic advocate for freedom and works hard so that her clients can experience as much of it as possible! Topics Mentioned: Balance sheet Entrepreneurship Financials Advisory services Thoughts from Emily: I just ripped out a page from the Yellow Pages and I started to make cold calls. My whole purpose on doing this was not to make money. It was so my heart can be happy. Knowing the numbers and what they represent is key. You really need to look at your balance sheet and ask questions. Your chart of accounts (COA) is the bounds that make up the body of your finances. I want everyone to have an accountant or bookkeeper who will partner with them. When you are in a conversation with a potential accountant or bookkeeper, they should ask you questions as well. Socials: Website: https://www.beancountery.com Facebook: Emily Moore Consulting Instagram: @thebeancountery References and Resources: Profit First by Mike Michalowicz Understanding Your Financials - Enroll Today Master Your Profit™ - Enroll Today The Designers' Inner Circle - Become a Member Today

BONUS: PROFIT FIRST SUCCESS STORIES with Kristin Mathis Joining me on the podcast today is Kristin Mathis.  She is the owner of Distinctive Windows in upstate NY, a custom drapery workroom. She began sewing as a young woman, and when Kristin purchased her first home, she found a severe lack of quality ready-made window treatments available. Using her natural talent to sew her own window treatments, she fell in love with interior design industry. Today, Kristin is a member of the Window Coverings Association of America. She continues to stay up with current trends and techniques and attends several window treatment conferences a year to make sure she has the most current offerings for her clients.  Topics Mentioned: Profit First Planning Flexibility Stress Free Thoughts from Kristin: My goals changed.   It was important for me to give permission to myself to make a change.   I didn’t have a system to anything.  I wanted to make sure I was funded my retirement fully.  I was a single mom when I first started my business.   I wanted to do it right in the beginning  I jumped right in.  Why not have a plan to get rid of your debt? Do not be intimidated. It is easy to implement. Socials: Website: https://homestarthope.org References and Resources: Profit First by Mike Michalowicz  Master Your Profit™ - Enroll Today Pricing without Emotion - Enroll Today PIAC Bonus - Debbie DiFrancesco - Listen Today PIAC Bonus - Marie Kurmin - Listen Today

A few weeks ago I shared three ways to replace your income and leave your 9 to 5. If you haven't already tuned into that episode be sure to do so either before or after listening to this one. In today's episode, I want to cover the four strategies on how to price your services and offers for profit. I'll be sharing some of the basic principles to consider when starting out depending upon whether you're selling a product or a service, may determine how you price your offer. For today's podcast, I'm going to dive deeper into the service-based businesses such as a VA or a contractor, but still sharing some things to consider. In this episode, you will... How to price yourself if you're a service-based business owner Learn about the four ways to price your service Discover the owner's pay Get tips and strategies that you can use with your own business Insights: "Be conscious of overpromising and under delivering." Resources: Profit First by Mike Michalowicz Her Way Community @shediditherway

There’s this common misconception you have to be an expert in something for you to get paid big. Fortunately, that’s not the case in the amazing and highly profitable world of wholesaling. And the story of this episode’s guest is a testament to this fact. Trey Avey is a relentless wholesaler from Tacoma, Washington. While he’s still new in the wholesaling world, that didn’t stop him from finding deals and making things happen. In essence, what Trey lacked in experience and expertise, he made up for in determination and willingness to fail his way forward. If you’re considering getting into wholesaling but hindered by your lack of knowledge and experience, today’s episode is for you. Without doubt, Trey’s story will inspire you to finally give wholesaling a go! RESOURCES: Profit First by Mike Michalowicz The Miracle Morning by Hal Elrod Wholesaling Inc - Reviews

Can you imagine what life would be like if you considered everything as a choice? Today's guest, Connie Vanderzanden can! An early adopter of the tools of Access Consciousness, Connie is a curious creative who serves as a Cash Flow and Business Mentor, who has been an entrepreneurial business owner/Bookkeeper and Accountant since 2001. Listen in as Connie shares how giving her creativity attention allows her to co-create solutions for her clients and to remind her of what's possible -- anything! If you're stuck subscribing to the "starving artist" persona, you want to listen to this conversation as Nanette and Connie share their experience with coming through those dark and shaming periods of poor money management. Curious about Connie's most trusted tool for building financial security and wealth? Keep listening. Wondering what recommendations Connie will make for shifting your mindset around money? You won't believe how simple it is! What does all this money conversation have to do with creativity anyway? Wait until you hear Nanette's "ah-hah" moment near the end of the conversation. At "50-ish" what has Connie learned that is most important? Hint: Nanette agrees! Lastly, listen as Nanette challenges Connie to create art from scraps -- and you won't believe what they are going to use! Questions or comments? Send an email to nanette@wisewellwomen.com. Join other like-spirited creatives in the Conscious Creators Cafe on Facebook (https://www.facebook.com/groups/ConsciousCreatorsCafe/). For more, visit CreatePlayLive.com (http://createplaylive.com). Like what you hear? Please subscribe and share. Need help crafting a practice, process or ritual for your creative experience? Connect with Nanette here: http://chatwithnanette.com +-----------------+   GUEST PROFILE: Connie Vanderzanden, Cash Flow, and Business Mentor and the CEO of The Accounting Department Inc, focusing on outsourced accounting services and cash flow planning. Connie's knowledge spans 30 years of accounting and bookkeeping experience, a variety of industry knowledge, and her own real-life business growth journey since 2001. It is her mission to teach business owners the simple steps, financial discipline, and structure to finally be able to create and save money and live the lifestyles they choose using the Going Beyond Revenue Cash Handling System. Connie, a true Oregonian, being born, raised, and currently living in the beautiful Pacific Northwest. Where she spends time with her husband of 32 years and their two “fur kids.” Easy link to schedule is https://chatwithconnie.as.me/30minChat-with-Connie  Instagram: @connie.vanderzanden +-----------------+ RESOURCES: Profit First, Mike Michalowicz, Prosperous Heart, Julia Cameron Universal Law of Polarity GoingBeyondRevenue.com +-----------------+ HOST PROFILE: Nanette Saylor, Creativity Coach + Possibility Partner, Author, Speaker, Access BARS© Practitioner, Wise Well Women, Inc. An early adopter of Creativity Coaching, Nanette has distinguished herself as a thought-leader among curious creatives. She has curated a growing collection of free-spirited allies who make fun featured guests adding their unique stories to the conversation. She delights in having connection conversations known as Virtual Coffee. Schedule with Nanette at ChatWithNanette.com or WiseWellWomen.com.

By his 35th birthday, Mike Michalowicz had founded and sold two multi-million dollar companies. Confident that he had the formula to success, he became an angel investor…and proceeded to lose his entire fortune. Then he started all over again, driven to find better ways to grow healthy, strong companies. Among other innovative strategies, Mike created the “Profit First Formula”, a way for businesses to ensure profitability from their very next deposit forward. Mike is now running his third million dollar venture, 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, which BusinessWeek deemed "the entrepreneur's cult classic." Resources Profit First (book) Mike Michalowicz (official site) The Profit First Podcast

Freelancers know how important it is to save for retirement, yet many put it off. Perhaps you don’t know how to start, you’re tempted to put that money back into your business, or you just can’t spare a substantial amount at the moment. Whatever the case, today’s guest can help change your mindset and give you the tools to start investing in your future before it’s too late. Moshe Amsel is a tax consultant, personal finance coach and business strategy consultant with 20-plus years of experience in the information technology arena. He is also the host of the DreamBuilder Financial Podcast, a program aimed at simplifying and enriching the financial lives of individuals and small businesses. Listen in as he explains the tax benefits available to entrepreneurs and tactics that will help you start saving small to facilitate sustainable change. Making the right decisions now can have profound long-term effects, so let’s get started!   Key Takeaways The significance of saving for retirement early on Allows freelancer to provide for self in the long term and build financial legacy Provides tax benefit by sheltering that money  Moshe’s tips for getting started Exercise your saving muscle first Then decide where to park the money Start small, then work up to a percentage goal Establish a separate bank account  Retirement plan vehicles for solopreneurs SEP SIMPLE IRA Individual 401(k)  The benefits of hiring a professional to assist with retirement planning Understand complicated tax law Determine the best plan for your particular scenario Maximize tax benefit Recognize all available options (i.e.: real estate investment)  Moshe’s advice for balancing the competing priorities of debt vs. retirement Knock out your debt first Then focus all energy on retirement goals Productivity is lost every time you split your efforts   Resources Profit First by Mike Michalowicz Todd Herman’s 90-Day Year Videos Entrepreneur Retirement Guide   Connect with Moshe Amsel Website Periscope Live Podcast Facebook Twitter