Podcast appearances and mentions of rocky lalvani

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

Rocky Lalvani is the Founder and CFO of Profit Comes First, which advises coachable, forward-thinking business owners to boost their companies' profits. As a certified Profit First Professional, he implements Mike Michalowicz's Profit First System to help clients maximize their profit potential. Rocky is also the host of the Richer Soul podcast and the Profit Answer Man podcast. In this episode: Many business owners are great at delivering their product or service, but when it comes to managing profitability and cash flow, they're often flying blind. They may experience growth, but money still feels tight, and financial clarity remains elusive. How can leaders build systems that ensure sustainable growth and healthy profits? Profitability and cash flow expert Rocky Lalvani explains that overlooked financial systems can cause hidden inefficiencies and missed opportunities. Using a structured approach — like the Profit First system — can help owners allocate funds, manage expenses, and prioritize profitability from the start. Additionally, entrepreneurs can analyze their financial health in areas including revenue generation, profitability, and cash flow. By aligning employee metrics with profitability, optimizing pricing, and building scalable processes, business owners can enhance these areas. In this episode of Systems Simplified, Adi Klevit sits down with Rocky Lalvani, the Founder and CFO of Profit Comes First, to discuss building systems that boost profitability. Rocky shares the difference between scaling and growing, why many businesses grow themselves into cash crises, and how to embed a profit-minded culture throughout an organization.

Connect with Rocky Lalvani:   Website: https://profitcomesfirst.com   LinkedIn: https://www.linkedin.com/in/rocky-lalvani/   Podcast: https://profitcomesfirst.com/podcasts/   Episode Summary: In this episode of The Path to Freedom Podcast, Wes sits down with Rocky Lalvani, also known as the "Profit Answer Man." Rocky is a certified Profit First professional dedicated to helping small business owners optimize their cash flow, prioritize profitability, and build businesses that truly serve them. Together, they discuss why so many business owners struggle with profitability, how to build a business that aligns with personal and financial goals, and the key strategies to creating sustainable success.   Key Takeaways:   The importance of prioritizing profit in business from day one. ✅   The difference between being a business owner and a business operator. ✅   Common financial mistakes business owners make and how to avoid them. ✅   The 16 leverage points in business that determine profitability and success. ✅   The role of cash flow management and why business owners often struggle to hold onto cash. ✅   How to properly assess a business opportunity, including market demand and competition. ✅   Understanding pricing strategies and ensuring profitability from the start. ✅   How different business models impact cash flow, and why some franchises work better than others. ✅   Why having clear metrics and financial visibility is crucial for sustainable business growth. ✅   Notable Quotes:   "If you can't take your profit when you make the sale and set it aside, there's something wrong with your business."   "Most business owners know how to generate cash, but almost none of them know how to hold on to cash."   "The goal should absolutely be to get to a place where you are the owner, not the operator."   "Growth takes cash. If you have a bad business model, you will grow yourself to failure."   Subscribe & Stay Connected: If you enjoyed this episode, make sure to subscribe to The Path to Freedom Podcast on your favorite podcast platform. Leave a review and share this episode with fellow entrepreneurs looking to build profitable and sustainable businesses!   7 Steps to Owning a Franchise: https://path2frdm-1.hubspotpagebuilder.com/path-to-freedom-about-franchising   If you would like to learn more about this particular franchise opportunity or discuss franchise ownership in general - feel free to use the link to my calendar below to schedule a free, no-obligation introductory meeting.   https://calendly.com/wes-barefoot/introcallwithwes   Connect with Wes:   Instagram: https://www.instagram.com/path2frdm/ Facebook: https://www.facebook.com/path2frdm Linkedin: https://www.linkedin.com/in/wesleybarefoot/   #Profit #Franchising #Business

Embody: Feel, Heal, and Transform Your Life through Movement   In this episode of Richer Soul, Rocky Lalvani welcomes Toni Bergins, M.Ed., an embodiment trailblazer and creator of JourneyDance. Toni shares her deeply personal journey of self-discovery, healing, and how movement transformed her life. From growing up in a household where money was a source of tension to building a holistic career path that speaks to her heart, Toni inspires us to embrace authenticity, let go of fear, and embody our true selves.   Key Takeaways:  Transformational Power of Movement: Toni explains how movement goes beyond fitness. It's a practice of emotional and spiritual healing, allowing people to express, release, and find clarity in their lives. Unpacking Money Mindsets: Growing up, Toni observed financial anxiety and arguments around money in her household. She later realized that her beliefs about scarcity and abundance needed to be reprogrammed to achieve personal and financial success​. Following a Non-traditional Path: Despite having professional degrees, Toni chose a career in the expressive arts, defying societal expectations. She highlights the importance of following one's passion, even if it means walking an unconventional road​. Healing Emotional Trauma through Art: Toni emphasizes how art and movement helped her navigate emotional trauma. Her workshops and her upcoming book, Embody: Feel, Heal, and Transform Your Life through Movement, aim to offer the same healing to others.   Money Learning: Toni grew up in a family where money was seen as a source of tension. Although her family lived an upper-middle-class life, financial worries persisted. Her father, despite being a Harvard-educated lawyer, struggled with feelings of not being successful enough. Her mother's decision to pursue a career later in life inspired Toni's belief in self-empowerment.   Bio: Toni Bergins, M.Ed., is the founder of JourneyDance, a transformational movement practice. Over the past 27 years, she has been teaching at premier holistic healing centers, including the Kripalu Center for Yoga & Health. Toni's mission is to help individuals feel and heal through the power of movement. Her new book, Embody, is set to release in October 2024​.   Key Discussion Points: Childhood Financial Dynamics: Financial discussions were rare in Toni's household but observing her parents' relationship with money shaped her early perceptions. Her father's entrepreneurial spirit clashed with societal expectations of success, creating a complex family dynamic around money. Choosing a Heart-Centered Career: Toni reflects on how she rejected the conventional paths of using her professional degrees and instead pursued her passion for dance and expressive arts. She had to overcome societal pressures and personal doubts to embrace her unique calling. Breaking Generational Patterns: Toni's journey was about breaking free from the financial anxieties she inherited. She shares how working on her money mindset allowed her to achieve financial independence and thrive in her chosen career. Upcoming Book: Embody: Toni's book offers a guide on using movement as a form of healing. It's a culmination of her decades of work in the field and her personal story of transformation.   Conclusion: Toni Bergins' story is a testament to the power of following your heart and transforming pain into purpose. Her work reminds us that healing isn't just an internal process—it can be a physical journey too. By listening to her inner voice and embracing her authentic path, Toni has created a life of fulfillment and financial stability, proving that success doesn't always follow a traditional route.   Links: Learn more at journeydance.com. https://www.facebook.com/toni.bergins/ https://www.facebook.com/JourneyDance/ https://www.facebook.com/ToniBerginsJourneyDance https://www.instagram.com/tonibergins/ https://www.instagram.com/journeydanceofficial/     Watch the full episode on YouTube: https://www.youtube.com/@richersoul Richer Soul Life Beyond Money. You got rich, now what? Let's talk about your journey to more a purposeful, intentional, amazing life. Where are you going to go and how are you going to get there? Let's figure that out together. At the core is the financial well-being to be able to do what you want, when you want, how you want. It's about personal freedom! Thanks for listening!   Show Sponsor: http://profitcomesfirst.com/   Schedule your free no obligation call: https://bookme.name/rockyl/lite/intro-appointment-15-minutes   If you like the show please leave a review on iTunes: http://bit.do/richersoul   https://www.facebook.com/richersoul http://richersoul.com/ rocky@richersoul.com   Some 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.

Send us a textIn this episode of The Worthy Physician, host Dr. Sapna Shah-Haque speaks with finance expert Rocky Lalvani about the critical yet often neglected topic of financial literacy for physicians. They delve into the lack of financial education in medical training, the struggles of managing finances as a physician, and the importance of using strategies like compounding and smart investments to build wealth. Rocky shares valuable insights on overcoming business challenges, maintaining ethical practices, and leveraging one's skills to create profitable and fulfilling career paths in and out of traditional medical practice. Key takeaways include understanding the power of compounding, spending less than you earn, and exploring alternative methods such as concierge medicine and creating side businesses to achieve financial and personal freedom.Topics Discussed: • Overcoming money taboos in the medical field • Delayed gratification and its impact on wealth • Understanding and utilizing the compounding effect • Budgeting and the importance of spending less than you earn • Examining financial products targeting physicians • Embracing a business mindset for financial success • Recommended literature for financial understanding • Making informed financial decisions and avoiding common pitfallsPattern Life: https://affiliate.patternlife.com/theworthyphysicianWebsites:http://richersoul.com/https://profitcomesfirst.com/Social Media acct:LinkedIn         - https://www.linkedin.com/in/rocky-lalvani/Facebook       - https://www.facebook.com/richersoulInstagram       - https://www.instagram.com/richer.soul/Twitter            - https://twitter.com/rockylalvaniDISCLAIMER: THIS IS NOT FINANCIAL ADVICE. For those eager to explore these ideas further, Lavani invites listeners to engage with his podcasts, Richer Soul and Profit Answer Man. These resources continue the conversation on achieving financial and personal fulfillment beyond professional success.Stay connected with The Worthy Physician for more discussions that inspire, empower, and challenge the status quo. Remember to share this blog with fellow colleagues who might benefit Though I am a physician, this is not medical advice. This is only a tool that physicians can use to get ideas on how to deal with burnout and/or know they are not alone. If you are in need of medical assistance talk to your physician.Learn more about female physicians' journey through burnout to thriving!https://www.theworthyphysician.com/booksLet's connect for speaking opportunities!https://www.theworthyphysician.com/dr-shahhaque-md-as-a-speakerCheck out the free resources from The Worthy Physician:https://www.theworthyphysician.com/freebie-downloadsBattle of the Boxes21 Day Self Focus Journal

In this episode of the Inspired Money Live Stream Podcast, we discuss how emotional spending affects your financial health and the strategies you can use to break free from it. Our panel of experts includes Dr. Preston D. Cherry, Chi Chi Wu, Ted Rossman, and Rocky Lalvani, who share actionable tips to help you master your credit and regain control of your finances. Understanding Emotional Spending and Credit Emotional spending often leads to poor credit habits and increased financial stress. The key to recovery is understanding the connection between your emotions, spending habits, and credit score. This episode breaks down the impact of emotional spending and offers practical solutions to help you rebuild your financial confidence. Episode Insights What is a Credit Score? Our experts discuss how credit scores are calculated and the impact they have on financial opportunities. How Emotional Spending Affects Credit: Learn how emotional decisions can lead to overspending, missed payments, and lower credit scores. Actionable Strategies: Discover tools to monitor credit, manage debt, and develop healthier financial habits. Building Credit for Long-Term Success Mastering your credit starts with understanding its components. Chi Chi Wu explains how credit reporting agencies work and the importance of regularly reviewing your credit report. Errors in credit reports are more common than you might think, and addressing them quickly can save you money and stress. Key Takeaways: Check your credit report at least once a year. Dispute inaccuracies promptly. Focus on maintaining low credit utilization and making on-time payments. Tools and Tips to Improve Your Credit Improving your credit doesn't have to be overwhelming. Ted Rossman shares tips for fast improvement, such as using secured credit cards and becoming an authorized user on someone else's account. Dr. Preston Cherry emphasizes the importance of budgeting and building healthy financial habits to support long-term credit health. Avoiding Credit Pitfalls Credit misuse can have long-term consequences. Rocky Lalvani highlights the risks of emotional spending and credit mismanagement. Store cards and deferred interest plans may seem tempting but can lead to high-interest debt if not managed carefully. Our panel offers advice on avoiding these common traps. Credit Scores and Major Life Decisions Your credit score plays a crucial role in major life milestones like renting, buying a home, or securing a loan. Chi Chi Wu discusses the dangers of short-term loans and how they can damage your credit. The panel also addresses how aligning your financial goals with your credit strategy can improve your overall financial well-being. Protecting Your Credit Scams and fraud are growing threats to credit health. Chi Chi Wu explains how freezing your credit can protect you from identity theft, while Ted Rossman offers tips for securing your accounts and safeguarding your credit profile. Key Takeaways: Freeze your credit if you suspect fraud. Monitor your accounts regularly. Teach your children about credit early and consider freezing their credit to protect their future. Meet Our Esteemed Guests Dr. Preston D. Cherry, AFC®, CFT-I™, CFP® Founder of Concurrent Financial Planning and author of Wealth in the Key of Life (Wiley, 2024), Dr. Cherry helps individuals align wealth with well-being. Learn more Chi Chi Wu Senior attorney at the National Consumer Law Center, specializing in consumer credit issues and advocating for transparency and fairness in credit reporting. Learn more Ted Rossman Senior industry analyst at Bankrate, helping consumers navigate credit cards and personal finance. Learn more Rocky Lalvani Founder of Profit Comes First and host of the Richer Soul podcast, empowering small business owners to achieve financial success. Learn more

Turning the Microphone Around: A Deep Dive into Rocky Lalvani's Life Principles with Tyler Jefcoat   This special episode of Richer Soul flips the script as Tyler Jeffcoat, a close friend of Rocky's, takes the hosting reins to interview him. Tyler delves into Rocky's eight core guiding principles and how his perspectives have evolved over 400 episodes of sharing personal growth and financial wisdom. This intimate conversation provides a deeper understanding of the host and the principles that guide his life.   Key Takeaways:  Evolving Life Purpose: Rocky emphasizes the importance of revisiting and updating his life plan regularly, noting how it has evolved as he transitioned from corporate work to entrepreneurship. This shift has brought growth and freedom, aligning with his overarching life goals​. The Role of Childhood Lessons in Money Mastery: Instilling financial discipline early, Rocky shared how his upbringing shaped his relationship with money. His children, exposed to these teachings from a young age, now thrive financially by applying the principles he imparted​. The Power of Adaptation: Tyler and Rocky discuss adapting to life's phases, referring to studies like the Harvard Grant Study, which highlights how individuals change every decade. Rocky's reflections reveal how adaptability fosters long-term fulfillment and alignment with one's evolving goals​. Practical Application of Principles: As a practitioner of what he preaches, Rocky applies the concepts shared in the podcast to his own life, demonstrating authenticity and commitment. This consistency builds trust and inspires listeners to implement these principles themselves.   Money Learning: Rocky shares insights into fostering financial independence among younger generations. His kids learned the value of money from an early age, practicing saving, budgeting, and investing. By observing how others handle money, they recognized the benefits of disciplined financial behavior and now enjoy financial success themselves​.   Bio: Tyler Jeffcoat: Entrepreneur, mentor, and close friend of Rocky Lalvani, Tyler has built and sold businesses, gaining valuable insights into leadership and life. In this episode, he steps in as a guest host to shed light on Rocky's journey, celebrating over 400 episodes of Richer Soul.   Key Discussion Points:  The Transition to Entrepreneurship: Rocky reflects on the growth and freedom that come with owning a business, contrasting it with the constraints of corporate life​. The Evolution of Financial Wisdom: Through life experiences and teaching his kids, Rocky showcases how financial literacy can transform lives​. Consistency in Life Goals: Revisiting life plans ensures alignment with current priorities and fosters personal and professional growth​. Authenticity in Practice: By embodying the principles shared on the podcast, Rocky builds credibility and sets a powerful example for his audience.   Conclusion: This episode highlights the authentic and intentional approach Rocky Lalvani brings to Richer Soul. By turning the lens inward, Tyler Jeffcoat helps us explore how Rocky applies his teachings in real life, inspiring listeners to take proactive steps toward aligning their life goals, financial strategies, and personal growth.   Links:   Watch the full episode on youtube: https://www.youtube.com/@richersoul Richer Soul Life Beyond Money. You got rich, now what? Let's talk about your journey to more a purposeful, intentional, amazing life. Where are you going to go and how are you going to get there? Let's figure that out together. At the core is the financial well being to be able to do what you want, when you want, how you want. It's about personal freedom!   Thanks for listening!   Show Sponsor: http://profitcomesfirst.com/   Schedule your free no obligation call: https://bookme.name/rockyl/lite/intro-appointment-15-minutes   If you like the show please leave a review on iTunes: http://bit.do/richersoul   https://www.facebook.com/richersoul http://richersoul.com/ rocky@richersoul.com   Some 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.

Profit Made Simple: The Tools to Work Less and Earn More- Solo Episode   Welcome back to The Profit Answer Man! In this episode, we're diving into actionable strategies to improve cash flow, boost profits, and create a sustainable business that supports your life goals. This solo episode by Rocky Lalvani provides insights into the Profit First methodology and the tools that empower business owners to work smarter, not harder. Whether you're new to the podcast or a long-time listener, this episode will help you streamline your financial strategy and get closer to the financial freedom you deserve.   In this episode, you will learn: The essential steps to implement the Profit First methodology and make profitability a habit. How to structure your financial systems to support growth while maintaining simplicity. Techniques for setting realistic financial goals and tracking your progress effectively. The importance of managing cash flow and preparing for economic uncertainty.   Key Takeaways:  The Power of Profit First: Shift your financial approach by making profit your top priority. By allocating profit first and managing expenses from the remainder, you create a healthy cash flow and a more resilient business​​. Simplicity Drives Clarity: Complexity in financial management often leads to confusion and mistakes. Use tools and systems like multiple bank accounts for clearer allocation and tracking of funds​​. Cash Flow is King: Cash flow management is the lifeblood of any business. Develop a consistent habit of forecasting cash flow and identifying potential risks early to avoid pitfalls​​. Break Goals into Manageable Steps: Large financial goals can feel overwhelming. By breaking them into smaller, actionable steps, you'll stay focused and motivated to achieve consistent progress​​. Track, Reflect, Adjust: Regularly review your financial metrics and adjust strategies as needed. This ensures your business remains agile and capable of weathering challenges​​.   About Rocky Lalvani: Rocky Lalvani is a certified Profit First Professional dedicated to helping business owners achieve financial clarity and peace of mind. As the host of The Profit Answer Man, Rocky simplifies the journey to profitability with practical advice and proven systems. His mission is to empower entrepreneurs to prioritize profit, create financial stability, and build businesses that support their personal and professional goals. Learn more at profitcomesfirst.com​​.   Conclusion: Profitability doesn't happen by accident—it's a deliberate choice and a discipline. By applying the principles discussed in this episode, you can take control of your finances, create a sustainable business, and enjoy the rewards of your hard work. Remember, focusing on the bottom line and prioritizing profit is the key to long-term success.   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

                                    Listen in as Erin and Rocky discuss: Focusing on leverage by identifying where minimal effort can yield maximum results Integrating life and business in order for clients to design their lives around their values and aspirations Focusing on internal satisfaction over external milestones Understanding the math of business via the Profit First philosophy in order to ensure sustainable growth How to evaluate the risks and rewards of scaling and being willing to pivot when something isn't working …and much more!                                           About Rocky Lalvani is the Profit Answer Man. He teaches them how to ensure they get paid and make profit a priority! As a certified Profit First Professional he implements Mike Michalowicz's Profit First System.  We change the accounting formula of Sales - Expenses = Profit to Sales - Profit = Expenses.  This ensures Profit comes first! (PS. It's not about money at all costs, people come before money!) Rocky started with nothing when his parents immigrated to the United States when he was two years old, and his parents were in their 40's. It was his parents' second time starting over in life as they moved here to experience the American dream. In spite of a lot of struggles and his mom passing away when Rocky was 7, he has been able to achieve financial and life success. Rocky loves to share his journey and inspire others to achieve their dreams even faster. How to Connect With Rocky Website: https://profitcomesfirst.com/ https://richersoul.com/ LinkedIn: https://www.linkedin.com/in/rocky-lalvani/ Facebook: https://www.facebook.com/ProfitComesFirst/ Instagram: https://www.instagram.com/profit_answer_man/

The Shatterproof Entrepreneur with Scott Reib   In this episode of The Profit Answer Man, Rocky Lalvani dives into the critical topic of protecting and growing your business with Scott Reib, known as "America's Legal Coach." With over two decades of experience in helping business owners secure their ventures, Scott shares strategies that are foundational for sustainable business growth and resilience. As a Zig Ziglar Legacy Certified Trainer and a thought leader in the legal field, Scott introduces practical ways to fortify your business against legal and operational vulnerabilities, ensuring it remains "shatterproof." In this episode, you will learn:  Why Every Business Needs a Legal Foundation: Scott explains the importance of establishing legal protections early to avoid costly issues down the line. How to Shift Your Mindset on Legal Services: Discover how treating legal advice as a proactive resource, rather than a reactive one, can save you time and money. Strategies for Scaling with Confidence: Scott provides insights into building structures that support sustainable growth without exposing your business to unnecessary risks. The Power of the Profit First System in Business Stability: Learn how combining the Profit First system with solid legal foundations can improve financial health and longevity. Creating a Legacy Through Mindset and Leadership: With his Zig Ziglar background, Scott discusses how mindset is crucial for business growth and resilience, emphasizing the importance of continuous learning and self-improvement. Key Takeaways: Legal Structure is Essential for Growth: Scott shares why setting up your business with the right legal structures from the beginning protects it as it scales, reducing risks and safeguarding profitability. Proactive Legal Counsel: Scott challenges the typical view of lawyers as "emergency responders," presenting a model where legal advice is more akin to a primary care approach—an essential and ongoing part of your business planning. Mindset Drives Business Success: Embracing Zig Ziglar's principles, Scott highlights the "Be, Do, Have" philosophy, stressing that personal growth and mindset are foundational to achieving business goals. Practical Steps for Business Resilience: Scott's "Shatterproof" approach includes strategies to address potential vulnerabilities in your operations, finances, and employee relationships. Profit First as a Business Backbone: Integrating Profit First principles ensures that businesses remain profitable, regardless of revenue fluctuations, providing a buffer during challenging times. Bio: Scott Reib, known as “America's Legal Coach,” is the official Zig Ziglar Small Business Lawyer and a Ziglar Legacy Certified Trainer. For over 20 years, Scott has been instrumental in helping business owners, entrepreneurs, and coaches establish solid legal foundations through his firm, Reib Law, and his consulting platform, Shatterproof Solutions. Scott's Access Plan, a subscription-based legal service, allows business owners to access affordable, proactive legal advice before crises arise. Scott is also the host of The Shatterproof Entrepreneur podcast and author of the upcoming book by the same title, aimed at helping business owners scale safely and sustainably. Links:  ReibLaw.com LinkedIn: in/TheScottReib X: @TheScottReib Facebook: /TheScottReib Podcast: TheShatterproofEntrepreneur Conclusion: Creating a shatterproof business is about more than just having a great product or service. Scott Reib emphasizes the importance of building a strong legal foundation, prioritizing personal growth, and embedding financial discipline through the Profit First methodology. His practical advice is a must-listen for any business owner looking to protect their business from unforeseen challenges and scale with confidence. Don't miss this valuable discussion on The Profit Answer Man, where business security, growth, and profitability take center stage. For entrepreneurs who are eager to build not just a profitable, but a resilient business, Scott's insights offer a roadmap to success. Listen in to learn how to fortify your business and set it up for long-term growth.   Hi, I'm the Profit Answer Man Rocky Lalvani! I help small business owners simplify their financial reports to make more informed business decisions with fewer hassles. We utilize the Profit First system created by Mike Michalowicz Sign up to be notified when the next cohort of the Profit First Experience Course is available! Check out our website: http://profitcomesfirst.com/ Questions: questions@profitanswerman.com Email: rocky@profitcomesfirst.com 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/ Profit First Toolkit: click here to sign up 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

Cultivating Resilience   In this episode of Richer Soul, Rocky Lalvani speaks with Christa Camarillo, who brings unique insights into financial responsibility and the shifting perceptions around spending. Growing up in a military family, Christa shares how her early lessons on budgeting and spending shaped her values. Her experiences reflect on the traditional values of living within one's means, a concept that feels ever more challenging in today's fast-paced, consumer-driven society. This discussion sheds light on mindful financial management, technology's role in spending habits, and the importance of instilling money values early on. Key Takeaways Frugality as a Financial Foundation Christa's family practiced frugality, adhering to an envelope system and prioritizing needs over wants. These habits grounded her in the belief that financial stability comes from disciplined spending. Cash versus Swipe Culture Christa reflects on the cultural shift from cash-based transactions to the ease of digital spending. This shift, she notes, impacts self-control, as the tangibility of cash provides a greater sense of spending accountability than swiping or tapping a card. Parental Influence on Money Values Growing up, Christa's parents instilled conservative spending habits. They taught her to avoid unnecessary purchases unless they could be paid for in cash. This lesson stayed with her, influencing her approach to money and her commitment to passing these values to future generations. The Role of Modern Convenience in Spending With today's technology offering immediate purchasing options, financial discipline is harder to maintain. Christa points out that for younger generations, this convenience can mask the reality of overspending. Money Learning One of Christa's core financial lessons was rooted in the concept of delayed gratification and mindful spending. Her family's cash-based approach limited impulsive buys, making her consider every purchase's necessity. Today, she observes how the ease of digital payments challenges this discipline, impacting how younger generations relate to money. This shift highlights the need for financial literacy, particularly around budgeting and spending control. Bio Christa Camarillo grew up in a military family with a strong foundation in financial responsibility. Her parents taught her the value of budgeting, which has shaped her approach to money management. Now, she speaks on the importance of financial education and how traditional values can help in achieving stability in a high-tech, consumerist world. Key Discussion Points Living Within Means: Christa discusses how her parents' budgeting methods kept their family financially stable, a principle she emphasizes as increasingly rare. Impact of Digital Payments: The conversation turns to how digital payment methods, like credit cards and mobile apps, lead to “swipe culture,” detaching people from the physical aspect of spending and resulting in less financial awareness. Cash-Based Budgeting: Rocky and Christa agree that handling physical money makes budgeting more intentional, noting that cash provides a tangible connection to spending limits. Modern Financial Challenges: They discuss the challenges modern conveniences present, including how easy access to purchases may disrupt traditional money values. Intergenerational Money Lessons: Christa reflects on her parents' teachings and shares her goal of instilling the same values of budgeting and spending control in younger generations. Conclusion Christa Camarillo's conversation with Rocky sheds light on the timeless principle of budgeting within one's means and the evolving dynamics of financial management in a digital age. Her insights emphasize the need for financial education and the importance of instilling discipline in spending, especially as digital transactions increasingly replace physical cash. Through her family's example, Christa provides a reminder that financial security is not only about income but also about making mindful choices. This episode is a valuable listen for those interested in blending traditional financial wisdom with modern challenges.   Links: https://christacamarillo.com/ IG: @christacamarilloofficial Facebook: Retrain  X:@retrainme     Richer Soul Life Beyond Money. You got rich, now what? Let's talk about your journey to more a purposeful, intentional, amazing life. Where are you going to go and how are you going to get there? Let's figure that out together. At the core is the financial well being to be able to do what you want, when you want, how you want. It's about personal freedom!   Thanks for listening!   Show Sponsor: http://profitcomesfirst.com/   Schedule your free no obligation call: https://bookme.name/rockyl/lite/intro-appointment-15-minutes   If you like the show please leave a review on iTunes: http://bit.do/richersoul   https://www.facebook.com/richersoul http://richersoul.com/ rocky@richersoul.com   Some 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.

Unlocking Your Mind's Wealth Code   In this episode of Richer Soul, Rocky Lalvani sits down with Dave Conway, a leading mindset mentor and the founder of Conway Consulting. Dave shares his remarkable journey from being a carpenter to a successful entrepreneur, making $5,000 a month to over $550,000 a month. His transformation was guided by the power of mindset, manifestation, and an unwavering commitment to personal growth. This episode dives deep into the importance of mindset in achieving financial success, the ways we can reframe our relationships with money, and how manifestation can change the trajectory of our lives. Key Takeaways Mindset is everything: Your thoughts determine your reality, and changing your internal narrative can unlock tremendous growth. Three types of income: Dave emphasizes the three ways to earn money—trading time for money, money making money, and multiple sources of income. The role of fear in finances: Many people struggle with leveraging money due to fear of losing it after sacrificing time and effort. Opportunity cost and inaction: One of the most significant costs we face is not taking action when opportunities arise, often leading to missed growth potential. Money Learning Dave shares a common struggle that many face—growing up in a world where time is traded for money. He talks about how most people never learn to leverage money to create more wealth. Instead, they hold onto money out of fear, especially if they have spent years trading their time for it. He also highlights the importance of recognizing opportunity costs and taking decisive action when necessary, as inaction can be incredibly costly. Bio Dave Conway is a highly regarded mindset mentor, known as one of the best-kept secrets in the personal development world. He has coached over 25,000 entrepreneurs and is a protégé of Bob Proctor, with whom he worked at the Proctor Gallagher Institute. Dave founded Conway Consulting, where he teaches people how to manifest their desired outcomes through mindset coaching and a deep understanding of the power within. Starting from a modest income as a carpenter, Dave now helps others achieve extraordinary results by transforming their mental approach to success. Key Discussion Points Early life lessons about money: Dave talks about his upbringing and the financial lessons he absorbed from his parents, including the stark contrasts in how they approached earning and managing money​​. This shaped his initial belief system, which he later had to dismantle in order to achieve success. The three ways to earn money: Dave breaks down the three methods of earning money—trading time for money (the path most people take), investing money to make more money, and creating multiple income streams​. Fear and the scarcity mindset: People often fear losing money because they have sacrificed so much time to earn it, leading to a scarcity mindset that prevents them from taking risks and investing​. Manifestation and mindset shift: A key moment in Dave's life occurred when he discovered the concept of manifestation. By shifting his mindset and using manifestation techniques, Dave was able to create a new financial reality for himself​​. Overcoming fear of investment: Dave talks about how people need to overcome their fear of leveraging money in order to invest wisely and grow financially​. Conclusion This conversation with Dave Conway is packed with insights on how mindset and manifestation can radically transform one's financial situation. His journey from a carpenter making $5,000 a month to a multi-million-dollar entrepreneur is a testament to the power of belief, persistence, and action. Dave's story encourages listeners to rethink their relationship with money and start leveraging their inner power to create wealth and abundance. If you are looking to break free from the cycle of trading time for money and unlock new financial possibilities, this episode is a must-listen.   Links: https://www.conway.consulting/ https://www.instagram.com/conwayconsulting/?hl=en https://www.facebook.com/conwayconsultingmindset/ https://www.linkedin.com/company/conwayconsulting/ https://www.youtube.com/@conway.consulting https://www.tiktok.com/@conwayconsulting     Richer Soul Life Beyond Money. You got rich, now what? Let's talk about your journey to more a purposeful, intentional, amazing life. Where are you going to go and how are you going to get there? Let's figure that out together. At the core is the financial well being to be able to do what you want, when you want, how you want. It's about personal freedom!   Thanks for listening!   Show Sponsor: http://profitcomesfirst.com/   Schedule your free no obligation call: https://bookme.name/rockyl/lite/intro-appointment-15-minutes   If you like the show please leave a review on iTunes: http://bit.do/richersoul   https://www.facebook.com/richersoul http://richersoul.com/ rocky@richersoul.com   Some 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.

Aim for the Uprights   In this episode of the Richer Soul podcast, Rocky Lalvani sits down with Stu Crum, a seasoned leader in the corporate world and former professional athlete. Stu shares his life journey, from playing college football to holding executive positions at Jiffy Lube and Bridgestone. Now, he's an advocate of "Intentional Living," a concept he outlines in his book Aim for the Uprights. Through his stories, Stu highlights how intentionality in faith, family, and business can shape a successful and fulfilling life. Key Takeaways: Intentional Living: Stu emphasizes the importance of being deliberate in every aspect of life. Whether it's managing finances, nurturing family relationships, or leading a business, intentionality is key to long-term success. Hard Work and Financial Literacy: Growing up in a financially literate family, Stu learned the value of hard work and money management early on. He also passed these lessons to his own children, expanding their understanding of investing. Overcoming Challenges: Stu's journey wasn't without obstacles, but his leadership skills and mindset helped him navigate both personal and professional challenges effectively. Money Learning: Stu's parents played a pivotal role in his financial education, making him "money literate" by his teenage years. They instilled in him the value of saving, budgeting, and working hard to earn money. However, Stu shared that while his family taught him to save, they didn't dive deep into investment strategies. This realization led him to ensure that his own children had a more comprehensive financial education, including understanding investments and creating wealth beyond saving. Stu also noted how financial literacy is different today, with technology enabling anyone to invest with ease—something that wasn't as accessible during his early years. Bio: Stu Crum is a former college football star who transitioned from the sports field to the corporate boardroom. Over the years, he held leadership roles at Texaco, Shell Oil, Jiffy Lube, and Bridgestone. Stu worked on big deals with influential figures like Carl Icahn and developed his leadership philosophy from both his personal and professional experiences. His concept of Intentional Living is explored further in his book, Aim for the Uprights: The Intentional Playbook for Success in Faith, Family, and Business. Learn more at stucrum.com. Key Discussion Points: Learning the Value of Money: Stu shared how he grew up in an upper-middle-class family where financial literacy was highly emphasized. His parents were intentional about teaching him the importance of money and working hard to earn it, a mindset that stuck with him throughout his life. Financial Knowledge Gap: Stu revealed that while he was well-prepared in managing money, his parents didn't teach him much about investing. This motivated him to be more intentional with his children, discussing investment strategies early on to ensure they understood how to grow their wealth. From Football to Business: Stu talked about how his football background, especially playing in highly competitive environments, shaped his leadership skills. He carried this competitive drive and discipline into his corporate career, eventually leading some of the biggest companies in their sectors. The Importance of Intentional Living: One of Stu's core messages is that success in any area—whether in family life, business, or personal growth—requires intentionality. He believes in setting clear goals and following through with deliberate actions to achieve them. This has been his guiding philosophy in both his personal and professional life. Navigating Financial Changes: Stu reflected on the significant changes in how people approach finances today. With investment apps and zero-fee trading platforms, it has become easier to invest, unlike the days when stock trades could cost hundreds of dollars. He advised staying intentional with money, whether it's in managing day-to-day expenses or making long-term investments. Conclusion: Stu Crum's journey from college football to corporate leadership is a testament to the power of intentional living. By staying true to his values, working hard, and always learning, he's been able to lead a fulfilling life both personally and professionally. His advice on being intentional with finances, family, and career is both timeless and highly relevant in today's fast-paced world. This episode serves as a reminder to live with purpose, set clear goals, and never stop striving for improvement in all areas of life.   Links: stucrum.com Linkedln-  linkedin.com/in/stucrum Twitter – https://x.com/Stucrum6     Richer Soul Life Beyond Money. You got rich, now what? Let's talk about your journey to more purposeful, intentional, amazing life. Where are you going to go and how are you going to get there? Let's figure that out together. At the core is the financial well being to be able to do what you want, when you want, how you want. It's about personal freedom!   Thanks for listening!   Show Sponsor: http://profitcomesfirst.com/   Schedule your free no obligation call: https://bookme.name/rockyl/lite/intro-appointment-15-minutes   If you like the show please leave a review on iTunes: http://bit.do/richersoul   https://www.facebook.com/richersoul http://richersoul.com/ rocky@richersoul.com   Some music provided by Junan from Junan Podcast   Any financial advice is for educational purposes only and you should consult with an expert for your specific needs.

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Why Knocking on Doors Trumps Google: Rocky's Old-School MarketingHave you heard these real estate profit myths? Myth 1: You have to invest every dollar in real estate. Myth 2: Real estate investors are always cash-rich. Myth 3: Real estate deals are easy to close. I'll reveal the truth, but first, let's dive deeper into these myths. Stay tuned!In this episode, you will be able to:-Implement Profit First to revolutionize your real estate business and boost profitability.-Understand how to find problems in your business in just a few seconds.-Master the art of maximizing cash flow in your real estate ventures for sustainable growth.-Discover powerful strategies for efficient cash flow management in real estate investments.-Uncover the secrets to leveraging AI for greater efficiency in your real estate business.About Rocky Lalvani:Rocky started with nothing when his parents immigrated to the United States when he was two years old, and his parents were in their 40's. It was his parents' second time starting over in life as they moved here to experience the American dream. In spite of a lot of struggles and his mom passing away when Rocky was 7, he has been able to achieve financial and life success. Rocky loves to share his journey and inspire others to achieve their dreams even faster.Connect with ROCKY HERE!Watch the original VIDEO HERE!Book a call with SCOTT HERE!Love the show? Subscribe, rate, review, and share!Here's How »Join the Note Closers Show community today:WeCloseNotes.comThe Note Closers Show FacebookThe Note Closers Show TwitterScott Carson LinkedInThe Note Closers Show YouTubeThe Note Closers Show VimeoThe Note Closers Show InstagramWe Close Notes Pinterest

Welcome to Episode 159 of "Let's Talk Money and More"! I'm your host, Lesley Thomas, and today we have a fascinating discussion lined up with our special guest, Rocky. In this episode, we'll explore some pressing financial topics, from the UK's end-of-financial-year spending pressures to essential tips for managing excess funds in the US.Rocky shares his profound insights on how maintaining financial security can lead to personal contentment and how he's transitioned to a lifestyle focused on enjoying life, maintaining health, and personal growth. We dive into the psychological aspects of money, exploring how societal pressures and historical factors influence our financial behaviors. Rocky also sheds light on the Profit First principle, a game-changing approach that prioritizes building cash reserves for businesses, ensuring long-term stability and success.Whether you're an entrepreneur struggling with cash flow issues or simply someone eager to improve your financial literacy, this episode is packed with practical advice and thought-provoking discussions. Tune in, and let's learn how financial health can pave the way for a richer, more satisfying life. Don't forget to like and share if you find our conversation valuable!Key Takeaways:End-of-Year Spending vs. Building Reserves (UK Focus): We discussed the pressure UK businesses face to spend remaining budgets before the financial year ends. Rocky highlighted the importance of building cash reserves instead of wasteful spending.Psychology of Money: Discover the impact of financial literacy (or lack thereof) on self-confidence and business success. We explored how deep-seated beliefs and money stories influence financial behavior and decision-making.Profit First Method: Rocky shared the transformative principle of "Sales - Profit = Expenses" over the traditional model. This simple yet powerful shift can help businesses prioritize profitability and build financial resilience.Connect with Rocky LalvaniLinkedin: https://www.linkedin.com/in/rocky-lalvani/Website: https://profitcomesfirst.com/Podcast: https://profitanswerman.libsyn.com/Connect with Lesley ThomasFREE Resources www.themoneyconfidenceacademy.com/resources/My website www.themoneyconfidenceacademy.com/Join my Facebook Group www.facebook.com/groups/letstalkmoneyandmoreYoutube channel www.youtube.com/@themoneyconfidenceacademyFollow me on Instagram www.instagram.com/lesleythomascoaching/Connect with me on LinkedIn www.linkedin.com/in/lesley-thomas Hosted on Acast. See acast.com/privacy for more information.

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Send us a Text Message.In this episode, Rocky Lalvani, the Profit Answer Man, shares insights on how to prioritize profit and ensure cash flow to cover expenses. Discover why the traditional approach of spending money to make money is flawed, and learn why financial reports don't always tell the full story. Rocky explains the Profit First system, which flips the accounting formula to prioritize profit and ensure financial stability. Tune in to learn practical steps to achieve profitability and maintain financial health in your business. #ProfitFirst #FinancialSuccess #BusinessProfitability #RockyLalvani #CashFlow #AccountingTips #SmallBusiness #Entrepreneurship #BusinessFinance #ProfitPrioritization #FinancialReports #ParkinsonsLaw #BusinessSystems #ProfitabilityStrategies Key Moments: Importance of Focusing on the Bottom Line The Flawed Equation for Profit Ignoring Financial Reports Creating Systems for Profitability Utilizing Parkinson's Law Implementing Profit First Support the Show.Resources: https://affordablebookkeepingandpayroll.com/resource-opt-in Become a supported of the show: https://www.buzzsprout.com/1522381/support

Struggling to turn your business into a profit machine? You're not alone. Rocky Lalvani, a business finance expert, shares his insights on building profitable businesses. He discusses the importance of a clear vision and goal setting, and how to develop a profitability mindset. This episode equips entrepreneurs (business owners and solopreneurs) with actionable strategies for financial management and profitable business. Learn how to budget, control expenses (expense control), and finally achieve your financial goals. We also explore the Profit First System to help you take control of your finances. This episode is a must-listen for anyone who wants to build a thriving business. Want to make sure you never miss an episode? Hit that follow button.

Our guest today is Rocky Lalvani of Profit Comes First. Rocky is a profit specialist. He helps small, owner-led businesses figure out ways to increase profitability. He does this strategically with a perspective that comes from doing this for a long time and for many companies.  Rocky Lalvani serves as Chief Profitability Adviser for business owners. He teaches owners how to ensure they get paid and make profit a priority.  As a certified Profit First Professional, he implements Mike Michalowicz's Profit First System. We change the accounting formula of Sales - Expenses = Profit to Sales - Profit = Expenses. This ensures Profit comes first! However, it's not about money at all costs, people come before money!) After listening to today's episode, visit Rocky's website to get two free chapters of "Profit" by Mike Michalowicz.   

Rocky Lalvani shares his background as an immigrant to the United States and his journey to becoming an investor and entrepreneur. He discusses the principles of Profit First, a financial system that prioritizes profit in business. He emphasizes the importance of setting aside money for profit, taxes, and operating expenses, and provides insights into implementing Profit First in different real estate business models such as wholesaling and fixing and flipping. Rocky also highlights the need for tracking and measuring key metrics to ensure profitability. In this conversation, Rocky and Rob discuss the importance of tracking and analyzing financials in real estate investing. They emphasize the need to compare actual expenses and profits to projections, and to consider funding costs and the allocation of profits. They also highlight the significance of having reserves, paying oneself, and setting aside money for taxes. The conversation touches on the importance of accurate bookkeeping, the value of dashboards for tracking financial data, and the need for business owners to avoid micromanaging and empower their team members. They also discuss the role of marketing and sales in generating revenue and the importance of measuring ROI.

In this unintimidating episode, Rocky Lalvani, Founder of Profit Comes First, shares his incredibly simple strategies for helping his clients become more profitable than it they have ever been before.You will discover:- Why Sales - Expenses = Profit is dangerously wrong- HOW to get your business profitable at any size- One simple hack to put your profit first
Rocky Lalvani serves as Chief Profitability Adviser for business owners. He teaches them how to ensure they get paid and make profit a priority! As a certified Profit First Professional, he implements Mike Michalowicz's Profit First System. Rocky has direct real estate experience with rental and fix and flip properties. He works with other real estate investors to ensure they are consistently profitable. Rocky started with nothing when his parents immigrated to the United States when he was two years old. It was his parents' second time starting over in life as they moved here to experience the American dream. Despite a lot of struggles, he has been able to achieve financial and life success. 
Want to learn more about Rocky Lalvani's work at Profit Comes First? Check out his website at https://profitcomesfirst.com/ or his Profit Answer Man podcast

In this episode of "Do More With Your Money," host T.J. van Gerven chats with Rocky Lalvani, a chief profitability advisor and certified profit first professional. Rocky shares his journey from a money-savvy kid to helping business owners prioritize profit and pay themselves first. They discuss the importance of understanding money mindsets and the psychology behind financial struggles. Rocky emphasizes that profitability isn't about revenue alone; it's about what's left after expenses. He also highlights the need for business owners to track investments and manage cash flow effectively. The conversation covers the significance of aligning financial planning with personal values and goals. Rocky concludes by advocating for financial automation as a key to building wealth. Throughout the episode, they explore the behavioral aspects of financial decision-making and the importance of learning from losses. Learn more about Rocky and his businesses at https://profitcomesfirst.com/ and https://richersoul.com/ Connect with Rocky on LinkedIn

Rocky Lalvani is the Profit Answer Man. He teaches them how to ensure they get paid and make profit a priority! As a certified Profit First Professional he implements Mike Michalowicz's Profit First System. We change the accounting formula of Sales - Expenses = Profit to Sales - Profit = Expenses. This ensures Profit comes first! (PS. It's not about money at all costs, people come before money!) Rocky started with nothing when his parents immigrated to the United States when he was two years old, and his parents were in their 40's. It was his parents' second time starting over in life as they moved here to experience the American dream. In spite of a lot of struggles and his mom passing away when Rocky was 7, he has been able to achieve financial and life success. Rocky loves to share his journey and inspire others to achieve their dreams even faster.

Today, I introduce a new format to the Wealthy Wellthy podcast.  I've been told by many loyal listeners that they love learning from my guests, but they would also like to hear more from me. Since I take feedback to heart, future episodes will be a mix of guest content as well as my own.  From now on, every other week I will share with you the podcasts on which I am the guest and not the host.  My purpose is to share MY money mindset and financial advice with you that I otherwise only share with other podcast host audiences. So, today, I share my appearance on Rocky Lalvani's Richer Soul podcast. I really enjoyed this conversation with Rocky. We dive deep into having clarity about the life you want before setting on your money goals. Too many people base their money goals on what they see in the media or what they see next door. I call this, “Keeping up with the Joneses,” and it will keep you broke.   Are you ready to unlock the secrets to living an abundant life? In this thought-provoking episode, Krisstina Wise shares her journey from chasing money and success to finding true fulfillment and purpose. Discover the importance of defining what a good life means to you, learn valuable lessons about wealth building, and gain insights on how to enjoy life to the fullest. Join us as we explore the intersection of money, meaning, and happiness. Get ready to be inspired and gain a fresh perspective on what it means to be truly wealthy.

Explore the intersection of financial empowerment and entrepreneurial success with Rocky Lalvani, the Profit Answer Man. From overcoming cash flow struggles to implementing Profit First Systems, gain invaluable insights and practical tips to elevate your business profitability on this engaging podcast episode.   More about Rocky: Rocky Lalvani is the Profit Answer Man. He teaches them how to ensure they get paid and make profit a priority! As a certified Profit First Professional he implements Mike Michalowicz's Profit First System.  We change the accounting formula of Sales - Expenses = Profit to Sales - Profit = Expenses.  This ensures Profit comes first! (PS. It's not about money at all costs, people come before money!)  Rocky started with nothing when his parents immigrated to the United States when he was two years old, and his parents were in their 40's. It was his parents' second time starting over in life as they moved here to experience the American dream. In spite of a lot of struggles and his mom passing away when Rocky was 7, he has been able to achieve financial and life success. Rocky loves to share his journey and inspire others to achieve their dreams even faster.   Connect with Rocky:  https://profitanswerman.libsyn.com/   ------------------------------------------------------------------ Want more Business Choreography?  Check out… Business Choreography Website  Join The Business Choreography Group  Text Us "CHOREO NOW" To Get Started: 385-442-7188   Need the tech to build your Business Choreography? Check out.... ChoreoSuite

On this episode, we have the incredible Rocky Lalvani, known as the Profit Answer Man. Rocky is passionate about teaching entrepreneurs how to prioritize profit and ensure they get paid. As a certified Profit First Professional, he implements Mike Michalowicz's renowned Profit First System, revolutionizing the traditional accounting formula to prioritize profit over expenses. Rocky's personal journey of overcoming challenges, including his mother's passing at a young age, showcases his resilience and determination to achieve financial and life success. Join us as Rocky shares his inspiring story and motivates others to accelerate their path toward their dreams. https://www.linkedin.com/in/rocky-lalvani/ https://profitcomesfirst.com/

In this episode, Sarah is chatting all things Profit First with Rock Lalvani. Rocky is a certified Profit First professional and a Chief Profitability Adviser, who teaches business owners how to ensure they get paid AND make profit a priority.If you're tired of getting paid and having no money left for those "unexpected" expenses, this episode is for you.Learn what makes this system wildly different from any other accounting system and why people all over the world are singing its praises."Cash is current, it's in the now." - Sarah on the power of Profit First.CONNECT WITH ROCKY ON IGhttps://www.instagram.com/richer.soul/LEARN MORE ABOUT ROCKY'S PROGRAM 'PROFIT COMES FIRST'https://profitcomesfirst.com/CHECK OUT ROCKY'S PODCASThttps://richersoul.com/podcast-3/GRAB YOUR COPY OF PROFIT FIRST BY MIKE MICHALOWICZhttps://a.co/d/28s5mxLJOIN THE MOBILE BAR ACADEMYhttps://mobilebevpros.com/join-mobile-bar-academy/WORK WITH SARAHwww.mobilebevpros.comJOIN OUR FREE FACEBOOK GROUPhttps://www.facebook.com/groups/mbpgroupCONNECT ON INSTAGRAMhttps://www.instagram.com/mobilebevprosFREE MASTERCLASS FOR MOBILE BARSwww.mobilebevpros.com/masterclas

In an impromptu yet insightful episode from the Military Millionaire Podcast, held at REWBCON, David Pere had the pleasure of hosting Rocky Lalvini - a name synonymous with financial wisdom and the advocate of the Profit First methodology. Amidst the bustling atmosphere, equipped with Steve Stewart's top-notch mics, the two dove into a wealth of experiences, transformative financial insights, and a refreshing take on wealth building that defies conventional norms. Rocky Lalvani, known as the Profit Answer Man, teaches individuals the importance of prioritizing profit and ensuring proper compensation. As a certified Profit First Professional, he implements Mike Michalowicz's Profit First System, changing the accounting formula to prioritize profit over expenses. Rocky, who started with humble beginnings as an immigrant, overcame numerous challenges, including the loss of his mother at a young age. Despite these struggles, he has achieved financial and life success and is passionate about sharing his journey to inspire others to achieve their dreams.   What You'll Learn: The rising issue of expensive housing, the concept of affordability in markets like San Diego and Midwest. The value of managing expenses using the Profit First method for financial success.  Consequences of lack of investment education, such as ineffective allocation in Thrift Savings Plan. Analyzing the impact of inflation and low interest rates on investments and mortgage assets.  And so much more!   Timestamp: 00:01:31 From ROTC to Financial Wisdom 00:02:20 Exploring Cultural Financial Practices and Real Estate Insights 00:05:03 The Irony of Education vs. Real-World Financial Acumen 00:08:53 Investment Strategies and Real Estate in an Inflationary Environment 00:17:12 The Journey to Profit First: Transforming Business Finances 00:19:20 The Power of Compounding and Financial Planning 00:20:54 Teaching Financial Responsibility and Delayed Gratification 00:22:17 Practical Money Lessons for Kids 00:25:37 The Value of Education and Networking 00:30:49 The Impact of AI and Future Job Market Trends 00:31:56 Profit First: A Revolutionary Approach to Business Finance 00:33:55 Growing Your Business and Social Media Presence 00:36:22 Final Thoughts and Where to Find More Information   How to Connect: Tune in to the Profit Answer Man Podcast hosted by Rocky Lalvani for valuable insights on personal finance and wealth-building strategies. Listen to episodes at http://profitanswerman.libsyn.com/ to gain practical tips and advice for achieving financial success. Explore Rocky's website at https://richersoul.com/ for additional resources and information on living a richer, more fulfilling life. Connect with Rocky on LinkedIn at https://www.linkedin.com/in/rocky-lalvani/ to stay updated on his professional journey and connect with like-minded individuals in the finance and entrepreneurship space. Don't miss out on this opportunity to enhance your financial knowledge and transform your approach to wealth creation with Rocky Lalvani!   -------------------------------------------------------------------------------------   Snag a FREE copy of my book, and get connected to the Military Millionaire community on all of your favorite platforms: https://www.frommilitarytomillionaire... Join The War Room Mastermind (no, not Andrew Tate's knockoff), the only mastermind exclusively for service members and veterans striving to achieve financial freedom: https://www.frommilitarytomillionaire... #militarymillionaire  - Recommended books and tools: https://www.frommilitarytomillionaire...   - SUBSCRIBE: https://bit.ly/2Q3EvfE   - Website: https://www.frommilitarytomillionaire...   Instagram:  / frommilitarytomillionaire     Facebook:  / militarymillionaire     - My name is David Pere, I am an active duty Marine, and have realized that service members and the working class use the phrase "I don't get paid enough" entirely too often. The reality is that most often our financial situation is self-inflicted. After having success with real estate investing, I started From Military to Millionaire to teach personal finance and real estate investing to service members and the working class. As a result, I have helped many of my readers increase their savings gap, and increase their chances of achieving financial freedom! - Click here to SUBSCRIBE: https://bit.ly/2Q3EvfE to the channel for more awesome videos!

Episode 90 discusses Profit Comes First with Rocky Lalvani.Based out of Harrisburg, PA., Rocky Lalvani serves as Chief Profitability Adviser for business owners.  He teaches them how to ensure they get paid and make profit a priority!  As a certified Profit First Professional, he implements Mike Michalowicz's Profit First System. He states, we change the accounting formula of Sales - Expenses = Profit, to Sales - Profit = Expenses.  This ensures Profit comes first!  And, it's not about money at all costs, people come before money! Rocky started with nothing when his parents immigrated to the United States when he was two years old, and his parents were in their 40's.  It was his parents' second time starting over in life as they moved here to experience the American dream.  Despite a lot of struggles and his mom passing away when Rocky was 7, he has achieved financial and life success. Rocky loves to share his journey and inspire others to achieve their dreams even faster.The Business of Business, topics are divided into 4 Categories: Management, Operations, Sales, and Financial. Target Audience is Business Owners, C-Level Executives, Management, and anyone considering starting a business. Support the showHelping You Run a Successful Profitable Business !For Business Consulting or to be a Podcast Guest - Contact me at: www.bcforg.comLinkedIn: https://www.linkedin.com/in/brian-fisher-72174413/

In this captivating episode, we delve into the extraordinary journey of Rocky Lalvani, a man whose life is a testament to the power of financial wisdom and personal determination. Rocky's story is far from ordinary. With no Wall Street background or a lengthy list of financial certifications to his name, he brings a refreshingly authentic perspective to the world of financial management. His approach is rooted in real-life experiences and a genuine passion for teaching others about the importance of financial literacy, a passion so strong that he asserts he would pursue it even without monetary compensation. Rocky's journey to financial expertise began with his family's bold move to America with only $25 to their name, highlighting his 100% Indian heritage despite his Italian looks. This early experience of starting from scratch instilled in him the values of saving, investing, and prudent spending. Rocky's financial acumen was further honed through his own life choices, from his adolescent paper route to his career in pharmaceutical sales, where he learned valuable lessons in financial management and the importance of adaptability. Having retired from corporate America, Rocky now fills his days with hobbies that range from traveling with his family to real estate and volunteering, illustrating a life well-lived beyond the confines of financial accumulation. His podcast, Richer Soul, is a platform where he explores the concept of a fulfilling life that extends beyond mere monetary wealth. Rocky's philosophy sees money as a tool, a means to open doors and create opportunities for a richer, more liberated life. His personal narrative of growth, from his father's initial struggle to provide for their family in a new country, to his own realization of the American dream, underscores the transformative power of financial knowledge. Now, Rocky is on a mission to empower small business owners by sharing his wealth of experience in financial management. He aims to offer guidance at an accessible cost, democratizing the knowledge that is often gatekept by the financial industry. His story is not just about financial success, but about using that success to create a meaningful, impactful life. For More Info: https://profitcomesfirst.com/

In this episode of Grow Money Business, we are joined by Rocky Lalvani. Rocky is a chief profitability advisor and currently works in his business consulting practice following the principles written in the book ‘Profit First: Transform Your Business from a Cash-Eating Monster to a Money-Making Machine' by Mike Michalowicz. Rocky has access to profit specialists worldwide, is certified in the Profit First method, and has firsthand experience boosting revenue for multiple companies. In this conversation, we talk about small business cash management, managing cash flow and profitability, understanding your business finances, common mistakes business owners make, and more. [05:00] Profit comes first – Rocky starts the conversation by sharing the birth story of Profit First. [12:00] Helping people – Rocky explains the process of helping people with Profit First. [20:00] Rocky's story – Rocky shares how he got into the industry. [30:00] Mistakes – Grant and Rocky discuss some common mistakes business owners make. [37:18] Guidance – Grant and Rocky discuss the importance of professional guidance.   Resources Profit First: Transform Your Business from a Cash-Eating Monster to a Money-Making Machine By Mike Michalowicz amazon.com/Profit-First-Transform-Cash-Eating-Money-Making/dp/073521414X   Connect with Rocky LinkedIn - linkedin.com/in/rocky-lalvani/ Website - profitcomesfirst.com/                 richersoul.com/

In less than 20 minutes a week, we'll introduce you to an expert or business owner with deep experience in what they do. Grow you, grow your team, grow a small business.   Welcome to the "Grow a Small Business" podcast with your host, Rob Cameron. In this episode,Rob interviews Rocky Lalvani, a Profitability Expert and founder profit comes first consulting based in Pennsylvania, United States.   In this episode, Rocky Lalvani, founder of Profit Comes First Consulting, reveals profitability secrets for small business owners. Learn to align personal goals with business success, prioritize profitability, and implement disciplined practices to enhance your bottom line. Gain insights from a seasoned expert, and take the first step toward financial growth.   Key Takeaways for Small Business Owners:   Prioritize Profitability: Many business owners overlook the importance of analyzing their P&L and balance sheets. However, profitability is crucial for sustainable business growth and personal fulfillment. Understanding Business Goals: Business owners should align their business goals with personal aspirations. Your business should serve you, not the other way around. Take time to define what you want from your business and how it can support your personal goals.   Target Audience: Rocky's ideal clients are typically seven-figure business owners who struggle to see their take-home profits align with their revenue. This often stems from a lack of understanding of where profits flow within their business.   Our hero crafts outstanding reviews following the experience of listening to our special guests. Are you the one we've been waiting for? Analyzing Business Levers: To improve profitability, analyze various levers within your business, such as the sales process, pricing strategy, operational efficiency, and cash management. Identify areas where you can make small changes to significantly impact your bottom line.   Discipline and Consistency: Profitability is a habit, not an event. Implement disciplined practices, such as setting aside a percentage of sales as profit, to ensure consistent financial growth over time.   Adaptability and Long-Term Perspective: Business success requires adaptability and a long-term perspective. Understand your cost structure and focus on driving sales, especially during challenging times, to maintain profitability. One action small business owners can take:   One actionable step advised by Rocky Lalvani for small business owners is to open an additional bank account. Allocate 1% of your monthly sales to this account consistently. This disciplined approach ensures systematic profit accumulation, fostering financial stability and growth over time.   Do you have 2 minutes every Friday? Sign up to the Weekly Leadership Email. It's free and we can help you to maximise your time.   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.

I am on a project for the next two weeks, so I thought to reshare this episode from August 2022. The beauty of this podcast is the value of these life stories, which never change; there is always something to learn.  On the show, I mention Focus coaching and tool to get you moving.  The link to focus Coaching is here, do book a free call, it will move you froward. https://lifepassionandbusiness.com/focus-coaching/   Rocky Lalvani : Take the first step now Are you setting your course, are you taking that first step?   My guest on the show is an example of someone living a good life by design a man who came from humble beginnings.   Rocky Lalvani was born in India, when he was two years old, the family emigrated to the US, and while it was a great opportunity, the family had to start at the bottom.  It was a tough beginning, but they worked hard as immigrant families do, the American dream inspired them, and they built their wealth. During Rocky's early life, there were lots of success and money conversations with other ex-pat communities.  While listening to these family chats, he learned the importance of negotiation and how to hustle.  Starting with his paper route, he discovers how good service leads to good tips. At college, he was buying and selling stuff until he secured a real-estate licence to sell properties. After finishing high school and going to college, he did a degree in Economics and went out into the world to work. He did many jobs and eventually built a solid business creating operational and management spreadsheets for small businesses. Rocky's challenge was that he found it almost impossible to take the first steps and move his life forward. Our conversation is not about the work he did but the wisdom he developed. We touch on mentors, health, fitness, food and more. All of the steps that help him move forward and build the life he wanted. Today Rocky calls himself the Chief Profitability Adviser for business owners. He teaches them how to ensure they get paid and that they make pro     Further details about this podcast along with my Guest's website and social links are all available at: https://www.lifepassionandbusiness.com/rocky-lalvani-taking-the-first-step     Life Passion & Business is dedicated to exploring what it takes to be Extraordinary, to face challenges and rejoice in the opportunities they bring, and expand our vision into new ways of thinking and living. There is a lot to gain from listening to other people's stories, however the real work begins by taking action in your own life. For full details of Events, Resources and Services visit: www.lifepassionandbusiness.com

LOVE THY NEIGHBOR WITH BETTER RELATIONSHIPS I have a vision to help us love thy neighbor. We need more relationships in our lives. And our podcasts can help us do exactly that. PERSPECTIVE It is funny how our attitude changes when we realize we know somebody. Our default attitude is confrontational and offended. Someone cuts you off in traffic and we get upset. Did they cut your off? Or maybe they didn't realize their lane ended. It's perspective. Someone takes two plates through the buffet line instead of one, thereby taking more than their fair share. Or maybe they were getting a plate for their handicap spouse who can't stand in a buffet line. Someone left their trash all over the fast food table. Or maybe they got a frantic call that their child was rushed to the hospital. Again, perspective. Remember, we only know what we know. And when we have strong relationships, our default tends to be forgiveness rather than confrontation. IT'S WHO YOU KNOW One winter we got around 12 inches of snow three weeks in a row. It was a time my attitude changed once I realized we had a relationship. It was early January, and I was pulling into the parking lot of the radio station. It took longer than usual to get to work, because of all the snow. When you get that kind of snow, you take it slow and exaggerate your moves. You turn slower and wider. It takes longer to stop. You ease your way through snow. If you've ever lived in a cold climate, you know snow plows come down the street creating small walls of snow in front of every driveway. Nothing is more frustrating than just getting finished shoveling your driveway only to have the plow push a big wall right back into your fine work. When I got to the station that morning, the plows had pushed the snow from the street right into the entrance of our parking lot. It was pretty good sized and took some effort to get through it. As I pulled into the radio station lot just before 8 AM, I had to go around this little BMW that was high centered in the snow. He tried to take his little low profile car through the snow wall the plow had created. Not smart. Anyone who has driven in snow knows you don't drive a sports car in the snow. And, you surely don't try to drive through deep snow. Common sense. I had a few choice words under my breath as I drove around him and found my parking spot. I walked into the building as he continued to spin his tires trying to get out of the snow. Again, anyone who has driven in snow knows you don't spin your tires. You'll never get out. Rock it and ease it out. THE MEETING When I opened my email at my desk, I saw an invite for an all staff meeting at 8:30. At that meeting, the vice president of our company introduced our new general manager. He had just arrived from Tucson, Arizona. And yep, he was the guy stuck in the snow in that BMW. I probably should have helped him get unstuck. He surely didn't know any better. DEFAULT TO CONFRONTATION Why do we default to irritation or confrontation? Why are we offended first? We don't know what we don't know. We make assumptions about people when we really don't know the full story. It's because we lack relationships. Tech makes it so easy to say things behind a screen name that we would never say to someone in person. It is easy to send a scathing email when we would never say those same things face-to-face. The way we act in the digital world creeps into how we act in the real world, because we spend most of our time in the digital space. It becomes second nature. RELATIONSHIPS IN BUSINESS It happens in business as well. We are shopping on Amazon. When getting gas we pay at the pump. We don't talk with travel agents any longer. With the pandemic, menus went to our smart phones with QR codes. You can even buy a car from a vending machine at those big Carvana towers. We have no relationships in business. Rather than buying from someone you know, it has all been reduced to a battle for price. It's a race to the bottom of the price scale. When you can create relationships with potential clients, you are so far ahead of the competition. You can also charge much higher prices. 3% ARE BUYING NOW In his book The Ultimate Sales Machine, Chet Holmes says about 3% of your market are buying now. These people are actively seeking a solution. Therefore, 97% are NOT buying today. If you are only selling, you are missing 97% of your market. When you are creating content on your podcast to help people and build relationships, you are serving all 100% of your market. Now ask yourself, are ads on your show serving your market and building relationships? How do you feel when you're watching a YouTube video and suddenly ads pop in and interrupt you? Why would you do that to your audience? If all you do is sell, you're missing 97% of your market. When you build relationships, you are laying the foundation. When that other 97% is ready to buy, it is much more likely they are coming to you. RELATIONSHIPS FOR A BETTER HUMANITY Not only do I want you to create relationships for better business, I want you to create relationships for a better humanity. Create a community. Support each other. My kids don't have best friends. When I was a kid, I would wake up every summer day and take my bike up to Rick's. Rick and I would get on your bikes and ride everywhere all day long. We'd go to the store. We would head to the park. There were dirt roads we had never been down that we would explore. The two of us would ride our bikes all day and get home just in time for dinner, sometimes eating at each others house. Then we would go out and create some game in the yard. When it got dark, we'd play hide and seek with the kids in the neighborhood. We just needed to be inside before the news came on. Rick and I knew everything about each other, because we spent everyday together. If we didn't live it together, we told each other about it. Today, my kids chat on their phones. They hang out with their friends virtually playing Xbox. Their friends are on the other side of their headset. Sometimes those friends are in Minnesota. Other times in Washington. Occasionally, those friends are the next neighborhood over. Rarely are they hanging out in person. Tech makes it too easy to not be together in person. Why get on my bike and ride up the street when I can Snapchat or FaceTime? THE COMEBACK I want you to bring back the relationship. Not only love thy neighbor, but love thy neighborhood. We need relationships. Society needs relationships. Instead of the anger and confrontation, we need compassion and understanding. Your podcast gives you the platform to share your story and build relationships. You are in the ear of your listeners making connections and growing friendships. People listen to your podcast while they are doing other things alone. They don't want to be alone. You are their companion. That companionship is why a podcast is so much more powerful than video when it comes to building rapport. The know, like and trust comes from the stories you tell and the bits of your life you share with your audience. This week on your podcast, begin sharing a bit of yourself. Start building relationships. The world needs you. WORK TO BUILD RELATIONSHIPS When you and I work together, we first get clear on your ideal client. It is easier to build relationships when you know who you are attracting. Next, we find those people and invite them to your show. We craft your content to build relationships with those potential clients through the stories you tell. This is especially true if you are interviewing others. We then connect your content to your offer. This is a matter of building a system that will get your listeners excited about working with you. Next, we get your listener started down your funnel. Your content connects to the first step toward being a client. Finally, we have a sales conversation and convert them to clients. I've done it for years on the radio. We would create great content that would build an audience and relationships. Then, we would leverage that attention to sell advertising. More people listened to my show than any other show in town. And, I wasn't even on the air in morning drive. Instead of selling advertising, I want you to sell your stuff. That's what I help coaches like you do. Rocky Lalvani used my coaching to double the downloads of his podcast Profit Answer Man. Rocky says, "While most people focus on equipment Erik focuses on the listener and how you can serve them." Greg Payne of The Cool Grandpa podcast doubled his downloads in our first month together. He doubled again the next month. Let's get on a call to see how I can help you use your podcast to grow your business. If you don't have a mentor who can take your hand and walk you every step of the way, go to www.PodcastTalentCoach.com/apply, click the button and apply to have a chat with me. We will develop your plan and see how I can help and support you to achieve your podcast goals.

Rocky Lalvani is the Chief Profitability Officer and Founder of Profit Comes First and Host of The Profit Answer Man & Richer Soul Podcasts. I knew that this episode was going to be great when Rocky used the term “reverse engineering”, one of my favorite phrases to use when talking about business planning. Listen in on our conversation as we discuss the necessity of understanding your business model and having a meticulous plan for growth, along with the importance of spending wisely in the first year of business, avoiding unnecessary costs, and ensuring all investments yield a high return. Rocky also shares his experiences on finding the right clients, being selective with networking groups, and the challenges he faced when starting his business. GUEST RESOURCES https://www.linkedin.com/in/rocky-lalvanihttps://profitcomesfirst.comhttps://www.facebook.com/ProfitComesFirsthttps://www.instagram.com/profit_answer_man As a service based professional, you want to be out there attracting more people to your business, making more money and helping more people. But how are you supposed to get out there when you're stuck inside the daily grind of your business already out of hours in the day and days in the week? Good news. The solution is not about doing more work. It's about combining the superpower of an authentic personal brand out in front of a scalable self managing business.

Rocky Lalvani joins the CIBL Podcast to discuss his business, Profit Comes First. As a business owner, you've probably know that Sales - Expenses = Profit. With this formula, many business owners end up with very little income or profit at the end of month, causing many small businesses to fail or feel squeezed. Rocky's profit formula is very different from the typical mindset. Rocky says Sales - Profit = Expenses. By putting your profit FIRST, your margins will begin to grow. How does this work? Tune in to find out!! Profit Comes First: https://profitcomesfirst.com/ Profit Answer Man Podcast: https://profitanswerman.libsyn.com/

Justin Green, CFP® sits down with Rocky Lalvani, the Profit Answer Man, to discuss how you can implement Profit First in your business to boost profits and take home pay. We discuss: Applying Profit First The “marketing lie” that all business owners believe How to do business math Common misconceptions about running the finances in your business And much more! Connect with Justin Green DM on ⁠⁠⁠Instagram⁠⁠⁠! Connect with Rocky Lalvani The Profit Answer Man Podcast

Here's a festive treat for everyone! There's no better way to embrace the holiday season than by gathering with loved ones for a joyous feast or celebration. In the true spirit of the season, I'm thrilled to announce that I'll be continuing my tradition of hosting a special Christmas Eve live event. Join me on YouTube Live this Friday, December 22nd, at 1 PM Eastern Time and 2 PM Atlantic Time for an unforgettable experience that's expected to last around 4 hours. We'll have engaging conversations with some special guests, reflecting on their 2023 experiences and offering insights into what the upcoming year may hold. Get ready for an afternoon filled with laughter, warmth, and anticipation for the adventures that lie ahead! Rocky Lalvani, Host of the Richer Soul and Profit Answer Man podcasts. Rocky coaches entrepreneurs to implement the Profit First system in their businesses. https://profitcomesfirst.com/ Mike Finger, a former business owner, business broker and consultant who helps business owners prepare their businesses for sale. Mike is also the co-host of my new show Your Exit Squad. I'm sure we'll be sharing some of the details of this program as season 1 is about to be released. https://www.ExitOasis.com https://www.YourExitSquad.com Henry Lopez, former car wash and suite salon owner and current co-working space and frozen yogurt shop owner will be visiting too. Henry is also a business coach and the host of the How of Business Podcast. https://www.thehowofbusiness.com/ Aaron Baer Providing Practical Legal Advice to Clients an entrepreneur first and a lawyer second - which allows him to tackle legal issues by putting himself in your shoes. https://www.rennoco.com/ Patrick Dichter has successfully executed a search for a CPA/Bookkeeping firm without being a CPA! He is now growing this company from being highly regional to a national service provider. https://www.appletreebusiness.com/ Lisa Forrest has over 30 years of experience writing loans under the US Small Business Administration's (SBA) loan programs.https://www.linkedin.com/in/forrestlisa/ Mark Willis, from Lake Growth Financial. Mark is a channel sponsor and helps people secure his client's financial future with the Bank on Yourself system. https://www.NewBankingSolution.com Marc Mawhinney, Three-time business owner and business coach to coaches will be stopping in. Marc is the host of the Natural Born Coaches Podcast. https://www.naturalborncoaches.com/ Finally, I've got Rick Nicholson who will be visiting near the end. Rick has owned seven different food/coffee businesses over the years and is a Wizard of Ads partner with Roy H Williams' Austin, TX based organization. He's also appeared this past year as a live guest on the YouTube channel. https://wizardofads.org/ As a live event, if you can join us during the broadcast, you'll be able to post comments that I'll be able to see and so it could be quite interactive for us. If you can't make it and want to submit a question for me or any of the guests, just hit ‘reply' and send me a note right now. If you can't make it to the live broadcast, the recording will be available for you to see later and I'll put the audio on my regular podcast feeds as well. See you! Cheers David Barnett - Do Business with David using these incredible internet links... - David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com - Join David's email list so you never miss any new videos or important information or insights, https://www.DavidCBarnettList.com

Are you maximizing your business's profit or just owning a job? How well do you understand the financials behind your success? Discover the secrets to financial success in business with 'Financial Flossing with Ross Brannon.' This Episode 128 features Rocky Lalvani, a chief profitability advisor renowned for his innovative approach to business finances. Dive into insightful discussions about the crucial role of understanding financials and the strategies to maximize profits with minimal effort. Rocky demystifies the complexities of financial statements and introduces a 'Profit First' mindset, challenging conventional business practices. Learn how to differentiate between owning a business and merely owning a job, and explore practical ways to collaborate with financial experts for more tremendous success. Key Takeaways: ✅ Understanding Your Business's Financial Health: The critical importance of knowing your financials for informed decision-making. ✅ Profit First Approach: A revolutionary perspective on managing finances to ensure profit is not an afterthought. ✅ Seeking Professional Guidance: The role of experts like CPAs, attorneys, and financial advisors in driving financial success. ✅ Mindset Shift for Business Owners: Challenging traditional views on spending and effort in business for better profitability. ✅ Effective Cash and Treasury Management: Balancing operational needs with the potential of idle cash to ensure business growth and stability. Connect with Rocky Lalvani, MBA, EA Chief Profitability Officer Website: https://profitcomesfirst.com/ Email: rocky@lalvani.net Learn more about your ad choices. Visit megaphone.fm/adchoices

How to Create the Structure for Profitable Growth with Patrick Esposito Patrick Esposito, a seasoned businessman, author of THE STRUCTURE OF SUCCESS, is president of ACME General Corp. and also serves as counsel with Spilman Thomas & Battle law firm. Patrick engages in a conversation with Rocky Lalvani in this episode. He has helped found, lead, and advise businesses in technology, consulting, and other sectors. Esposito was co-founder of Augusta Systems, Inc., which was acquired by Intergraph Corporation and was co-founder of Resilient Technologies LLC, which was acquired by Polaris Inc. Esposito recently launched Initiative Labs LLC to help leaders apply the approaches and tools in this book. We discuss the importance of building a strong foundation for business success, including topics such as team management, strategic planning, infrastructure development, and disaster preparedness. Patrick also shares insights and practical advice on how to navigate these critical areas and ensure long-term profitability. In this episode, you will learn the following:   The significance of corporate governance extends beyond publicly traded companies to small and medium-sized enterprises.  The need to consider multiple management teams' points of view when formulating strategic plans. Learn the eight key categories of governance for business leaders: strategy, infrastructure, relationships, business disputes, transactions, partnerships, succession planning, and disaster preparedness. The value of creating systems and infrastructure to facilitate efficient information sharing and knowledge management among team members. The advantages of making minor infrastructure investments to improve revenue, team performance, and business operations.   Links:  Personal site: www.patrickesposito.com Websites: https://initiativelabs.com/ and https://acmegeneral.com/   Hi, I'm the Profit Answer Man Rocky Lalvani! I help small business owners simplify their financial reports to make more informed business decisions with fewer hassles. We utilize the Profit First system created by Mike Michalowicz Our Q&A call on the 2nd Thursday of the month at 1 pm Eastern: https://bit.ly/PFcall Sign up to be notified when the next cohort of the Profit First Experience Course is available! Schedule your free, no-obligation intro call: https://bookme.name/rockyl/lite/intro-appointment-15-minutes Check out our website: http://profitcomesfirst.com/ Questions: questions@profitanswerman.com Email: rocky@profitcomesfirst.com 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/ Profit First Toolkit: click here to sign up This episode is part of the SMB Podcast Network. Find other great interviews from around the internet just like this one at https://www.SMBPodcastNetwork.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

Rocky Lalvani, known as the Profit Answer Man, teaches individuals the importance of prioritizing profit and ensuring proper compensation. As a certified Profit First Professional, he implements Mike Michalowicz's Profit First System, changing the accounting formula to prioritize profit over expenses. Rocky, who started with humble beginnings as an immigrant, overcame numerous challenges, including the loss of his mother at a young age. Despite these struggles, he has achieved financial and life success and is passionate about sharing his journey to inspire others to achieve their dreams. Join our conversation with Jason Yarusi as he shares expert insights and strategies to help you increase your profitability and steer clear of any financial setbacks. Jason shares… Maximize your profits with prioritized strategies for real estate investment. Mitigate risks and optimize cash flow to safeguard your investment portfolio. Learn the importance of downside planning to secure long-term success in real estate. Understand the economic dynamics that impact real estate investing to make informed decisions. And so much more!   Find Rocky on: Profit Answer Man Podcast - http://profitanswerman.libsyn.com/ Website - https://richersoul.com/ LinkedIn - https://www.linkedin.com/in/rocky-lalvani/ Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds and really helps our show grow, which allows us to bring on even better guests for you! Thank you in advance! ----------------------------------------------------------------- Watch, Enjoy & Like! Agostino   ✅ DON'T DELAY! SUBSCRIBE TODAY! ✅ https://www.youtube.com/bulletproofcashflow  

Escape the Daily Grind Strategies to Maximize Profits and Minimize Work In this episode, Rocky Lalvani is joined by business coach Pete Taylor to uncover the secrets to structuring a business for maximum profitability and time freedom. Pete shares his expertise in building both brick and mortar and online businesses, emphasizing the importance of implementing the Profit First system. From picked on to pro athlete to serial entrepreneur. Pete built a 7 figure business, dozens of employees, model wife, rolex watches, cars and homes in the country but left all of this to follow his own hero's journey and second mountain; building a community of guys to help him and them stop playing at level 4 when they know they have level 10 in the bag. Pete is a father, mentors founders from 7-8 figures and coaches to build resilience, discipline and character forging. In this episode, you will learn the following: How balancing reinvestment in the business with personal financial stability is essential for long-term success. Learn to develop financial systems that facilitate the expansion of businesses and the accumulation of personal wealth. Acquiring a structured approach to personal finance management can stop profits from being continuously reinvested in the company. Ensuring that funds are set aside for personal use can be facilitated by keeping a profit account distinct from the business finances. Links: Awakened Man - https://www.awakenedman.org/ Personal site - https://www.petetaylor.co.uk/ Instagram - https://www.instagram.com/pete_taylor/   Hi, I'm the Profit Answer Man Rocky Lalvani! I help small business owners simplify their financial reports to make more informed business decisions with fewer hassles. We utilize the Profit First system created by Mike Michalowicz Our Q&A call on the 2nd Thursday of the month at 1 pm Eastern: https://bit.ly/PFcall Sign up to be notified when the next cohort of the Profit First Experience Course is available! Schedule your free, no-obligation intro call: https://bookme.name/rockyl/lite/intro-appointment-15-minutes Check out our website: http://profitcomesfirst.com/ Questions: questions@profitanswerman.com Email: rocky@profitcomesfirst.com 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/ Profit First Toolkit: click here to sign up This episode is part of the SMB Podcast Network. Find other great interviews from around the internet just like this one at https://www.SMBPodcastNetwork.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  

When business owners go into business, it's easy to assume that's because they understood the business. But that's the furthest thing from the truth. They went into business to do what they loved, and things like cash flow aren't necessarily first on their minds. In this episode Rocky Lalvani of Profit Comes First discusses the crucial role of cash flow to small business success. Discover why it's crucial to prioritize understanding your business's financial health, even if numbers have never been your strong suit. Rocky shares valuable insights and practical strategies to help business owners thrive in an ever-changing and challenging financial landscape. If you're a business owner or aspiring entrepreneur, this episode is your gateway to unlocking the secrets of effective cash flow management. Tune in to gain the knowledge and tools you need to secure your business's financial future and turn your passion into lasting prosperity!

Our guest today is Rocky Lalvani of Profit Comes First. Rocky is a profit specialist. He helps small, owner-led businesses figure out ways to increase profitability. He does this strategically with a perspective that comes from doing this for a long time and for many companies.  Rocky Lalvani serves as Chief Profitability Adviser for business owners. He teaches owners how to ensure they get paid and make profit a priority.  As a certified Profit First Professional, he implements Mike Michalowicz's Profit First System. We change the accounting formula of Sales - Expenses = Profit to Sales - Profit = Expenses. This ensures Profit comes first! However, it's not about money at all costs, people come before money!) After listening to today's episode, visit Rocky's website to get two free chapters of "Profit" by Mike Michalowicz.   

Aloha Inspired Money Makers! In Episode 6 of the Inspired Money Podcast's live stream series, "Mindful Money Management: Budgeting for Success," hosted by Andy Wang and produced by Bradley Jon Eaglefeather. In this enlightening episode, we are joined by a panel of financial luminaries—Dr. Preston D. Cherry, Jen Smith, Phylecia Jones, and Rocky Lalvani—to explore the transformative power of mindful money management. Overview In this episode, we delve deep into the art and science of managing your finances with mindfulness. Our esteemed panelists share their insights, tools, and techniques to empower you to take control of your financial destiny. Whether you're a seasoned investor or a budgeting beginner, this episode offers something for everyone. Segments Segment 1: The Art of Tracking Expenses: Tools and Techniques for Financial Awareness The first segment invites you into the realm of financial awareness. We explore various tools and techniques for tracking expenses, from high-tech budgeting apps to the timeless journal. This segment aims to equip you with the knowledge you need to be financially aware and in control. Segment 2: Aligning Values with Budgeting: Creating a Purpose-Driven Financial Plan Embark on a soulful journey as we discuss how to align your values with your budget. This segment provides a roadmap for creating a financial plan that resonates with your deepest desires and aspirations, making your financial journey not just a means to an end but a fulfilling adventure. Segment 3: The Path to Savings: Strategies for Reducing Unnecessary Spending and Building Reserves Navigate the path to financial security with expert tips on saving. Learn how to automate your savings, make smarter spending choices, and even how to earn interest on your reserves. This segment is your guide to building a financial safety net that allows you to live freely. Segment 4: Mindfulness in Money Management: Daily Practices for Conscious Spending Dive into the world of mindful spending with daily, weekly, and monthly practices that improve not just your financial health but also your mental and emotional well-being. This segment is a holistic approach to financial wellness, emphasizing the interconnectedness of money and mindfulness. Segment 5: Setting and Achieving Financial Goals Blast off towards your financial goals with this empowering segment. Learn how to set SMART goals and track your progress every step of the way. Whether you're dreaming of buying a home, retiring early, or just building an emergency fund, this segment is your launchpad to financial success. Guest Profiles: Dr. Preston D. Cherry: A luminary in financial psychology and planning, Dr. Cherry brings over 15 years of experience in financial services and academia. His expertise lies in empowering individuals to achieve financial wellness through informed life design. Jen Smith: A personal finance virtuoso and best-selling author, Jen eradicated $78,000 of debt in under two years on a modest income. Her insights into frugal living and mindful spending are invaluable. Phylecia Jones: A financial strategist and two-time TEDx speaker, Phylecia leverages public speaking to grow businesses and brands. Her 19 years of experience in research and analytics make her a thought leader in financial strategy. Rocky Lalvani: A testament to the transformative power of financial literacy, Rocky retired happily from Corporate America through diligent saving, investing, and wise spending. His focus is on holistic financial well-being. Guest Links: Dr. Preston D. Cherry: https://drprestoncherry.com Jen Smith: https://modernfrugality.com Phylecia Jones: https://keepupwithmrsjones.com Rocky Lalvani: https://richersoul.com Hashtags: #InspiredMoney #DrPrestonCherry #JenSmith #PhyleciaJones #RockyLalvani #MindfulMoneyManagement #BudgetingForSuccess #FinancialWellBeing #ConsciousSpending #FinancialGoals #MoneyMindfulness #FinancialAwareness #InspiredMoneyLive #eaglesvision This blog post is brought to you by Runnymede Capital Management, in collaboration with EaglesVision and the Inspired Money live-stream podcast series.

Have you been struggling with constantly working with expenses and bills? Have you felt hopeless at the end of the month trying to find... The post Profit First in Private Practice with Rocky Lalvani | POP 902 appeared first on How to Start, Grow, and Scale a Private Practice| Practice of the Practice.

Shownotes can be found at https://www.profitwithlaw.com/393.In this podcast episode, Rocky Lalvani, known as the "Profit Answer Man," joins Moshe Amsel to talk about prioritizing profit and financial management for business owners. They discuss the importance of financial statements, understanding profitability levers, building awareness without excessive spending, alternative pricing models, value pricing in the legal industry, tracking labor costs and efficiency, evaluating overhead costs, implementing the Profit First system, and determining the right pricing strategy. They emphasize the need for consistency, accountability, and profitability to sustain and expand a business. Chapters:00:00 Introduction04:08 Rocky Lalvani's Background and Journey07:17 The Importance of Financial Statements for Business Owners13:20 The Importance of a Fractional CFO14:37 Keys to Profitability and Profit Levers16:10 Factors to Consider for Business Growth26:56 Value Pricing in Legal Services29:03 Efficiency and Margins in Alternative Billing Models36:04 Considerations for Below the Line Costs40:41 Transition Plan and Timeline for Implementing Profit First42:49 Staying Focused and Accountable in Business49:36 The Importance of Pricing Correctly51:23 Consistency and Perseverance in BusinessResources mentioned:Check out our Profit with Law YouTube channel!Learn more about the Profit with Law Elite Coaching Program here. Connect with Rocky Lalvani: LinkedIn | Twitter | Instagram | PodcastEpisode 155: The episode of Prophet Answer Man featuring Moshe AmselProfit First by Mike MichalowiczValue Pricing for Accounting Professionals by Mark WickershamJoin our Facebook Community: https://www.facebook.com/groups/lawfirmgrowthsummit/To request a show topic, recommend a guest or ask a question for the show, please send an email to info@dreambuilderfinancial.com.Connect with Moshe on:Facebook - https://www.facebook.com/moshe.amselLinkedIn - https://www.linkedin.com/in/mosheamsel/

1195 Today's guest brings a unique perspective to the world of finance. He may not have a Wall Street background or a lengthy list of financial credentials, but what he lacks in titles, he makes up for in real-life experience. From arriving in America with just $25 in his pocket to achieving financial independence, he's a living testament to the power of smart money management. As the host of the Richer Soul podcast, he's on a mission to empower entrepreneurs and small business owners to master their finances and unlock new opportunities. Get ready to uncover the keys to financial freedom with none other than Rocky Lalvani! Website: https://profitcomesfirst.com/ Social Media: https://www.linkedin.com/in/rocky-lalvani/ https://twitter.com/rockylalvani __________ Go to www.BusinessBros.biz to be a guest on the show or to find out more on how we can help you get more customers! #Businesspodcasts #smallbusinesspodcast #businessmarketingtips #businessgrowthtips #strategicthinking #businessmastery #successinbusiness #businesshacks #marketingstrategist #wealthcreators #businessstrategies #businesseducation #businesstools #businesspodcast #businessmodel #growthmarketing #businesshelp #businesssupport #salesfunnel #buildyourbusiness #podcastinglife #successgoals #wealthcreation #marketingcoach #smallbusinesstips #businessmarketing #marketingconsultant #entrepreneurtips #businessstrategy #growyourbusiness Want to create live streams like this? Check out StreamYard: https://streamyard.com/pal/d/6164371927990272 --- Support this podcast: https://podcasters.spotify.com/pod/show/businessbrospod/support