How to Put Profit First

Most of us are in business for the same reasons, we want more money, more time and to enjoy our work more.  But often we end up with less money, spend more time working and blindly hope things will get better soon.  But it doesn’t have to be that way.

You see, money is a tool.  Like any tool, the more you know how to use it, the better it will serve you.

Rocky Lalvani is a financial expert that helps business owners and bussing entrepreneurs learn how to put profit first in their business.  This is the way to make sure you actually make some cash in your business.

Listen as Rocky explains the Profit First system and details some thoughts on money that will be the paradigm shift you may need to get your money to work for you, instead of the other way around.

Enjoy!

Link: https://drawincustomers.com/how-to-put-profit-first/

[00:04:45] Building wealth, teaching financial literacy, Profit First.
[00:11:41] Business math equation, profit comes first.
[00:16:13] Allocate profit, pay self last, prevent overspending.
[00:21:12] “Multiple bank accounts prevent self-theft.”
[00:26:21] Portion control and frugality lead to profit.
[00:33:33] Money mindset shapes our financial success.
[00:38:39] Taking out a loan to buy truck.
[00:43:35] Businesses often overlook hidden expenses.
[00:50:11] “Save before spending, learn to negotiate”
[00:56:03] Money buys freedom, not happiness.
[01:00:54] Podcast promotes business and profitability.