Today we are going to dig deep into all the levers that affect your profitability. The reality is small changes in each of these levers over time add up to big profits that you get to keep and remove from your business! This is not an overnight success but a systematic way to achieve results. When will you start? Hopefully after listening to todays episode with a fellow Profit First Professional. Hi, I'm the Profit Answer Man Rocky Lalvani! I help small business owners simplify their financial r...
Mar 21, 2023•42 min•Ep. 155
We have another Profit First success story along with some business wisdom. It really doesn't matter how much your top line is, we can how much you keep! There are many reasons that money disappears and we will chat about a few of those today. One area we all need to focus on is us. What are the stories we tell ourselves and how much do we hold ourselves back? That's our topic, how to get rid of our head trash and get our business to grow! Hi, I'm the Profit Answer Man Rocky Lalvani! I help smal...
Mar 14, 2023•39 min•Ep. 154
Business is pretty simple, doing simple is hard. Today we are going to chat about that and how to ensure your business grows and is more profitable. We have a fellow business owner and investor to share how he grows his business and what he sees from other business owners. I know there are many actionable ideas that will come out of this episode for you. Hi, I'm the Profit Answer Man Rocky Lalvani! I help small business owners simplify their financial reports to make more informed business decis...
Mar 07, 2023•44 min•Ep. 153
Do you have core values that direct you toward building your company and dynasty and making sure you are in alignment with what you want? When you are clear with what you want and you make sure you tell everyone and you stick to it, life and business become easier! We also dig into how to increase your revenue and measure your results beyond just the basics. Hi, I'm the Profit Answer Man Rocky Lalvani! I help small business owners simplify their financial reports to make more informed business d...
Feb 28, 2023•42 min•Ep. 152
I don't think our guest today needs an introduction you all know him and you can hear the entire back story in episode 2. Mike Michalowicz is back to chat today about how we navigate through the uncertain times everyone is talking about, 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 The Profit First Live Q&A f...
Feb 21, 2023•32 min•Ep. 151
Every stage of business growth requires different steps and actions to get to the next level. However, if you build a good foundation based on the end game, those steps become so much easier to take. Today we focus on gross profit and how small steps and actions can help to increase the number and how it multiplies your total profit! 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 hassl...
Feb 14, 2023•37 min•Ep. 150
We have another Profit First success story along with a ton of business wisdom from our guest. We will discuss why you should remove money from your company and what to do with it. We also talk about a major driver in increasing your profitability, and that's how to increase your prices with conviction. 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...
Feb 07, 2023•45 min•Ep. 149
Running a small business can be hard and there are so many things you have to keep track of and learn. It's a lot easier when you can outsource these to others. We will chat a little about that today as it relates to taxes and everything that surrounds them, including managing your payroll. There are also thousands of tax credits and deductions. The great benefit of credits is they give you dollar for dollar reductions in the taxes you have to pay! Our guest will share how to make finding those ...
Jan 31, 2023•37 min•Ep. 148
Well run businesses are fun to own and I don't care if you want to sell your business a sellable business is just fun to manage. For one, it's profitable. Second it doesn't require you to put out fires every day and you get to take a vacation! That's our goal for you! 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 ...
Jan 24, 2023•36 min•Ep. 147
Today we are focused on improving profit and cashflow for you. The core is we need good data, then we need to review the data, and most importantly, we need to take action. Each of these areas has its problems and issues, and we will chat about that along with how you can improve it. 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 M...
Jan 17, 2023•38 min•Ep. 146
Cash is king, and today we are going to chat about that. Growth takes cash, and no one talks about how much cash you need to grow and how growth can bankrupt your business. We will cover that and more with an experienced entrepreneur who has been through it and has also been on Shark tank! 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 create...
Jan 10, 2023•47 min•Ep. 145
We always talk about being profitable, and one way to deploy that profit is through real estate. You can invest in rentals or buy your office building. Today we have my friend Dustin Heiner to talk about real estate and an upcoming program that I will be speaking at! 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 S...
Jan 03, 2023•33 min•Ep. 144
Are your margins constrained by market conditions, and you can't raise prices? What we tell our clients is to add private label or other products that carry bigger margins. In today's episode we share how to source and find alternatives. 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...
Dec 27, 2022•32 min•Ep. 143
Imagine selling your business to Bill Gates. That's what our guest today did! Beate Chelette is the Growth Architect and Founder of The Women’s Code and provides visionaries and leaders with proven strategies, blueprints and growth maps that provide clear steps to improve business systems, strengthen leadership skills and teams so that our clients and audiences can maximize profits and scale their impact. Hi, I'm the Profit Answer Man Rocky Lalvani! I help small business owners simplify their fi...
Dec 20, 2022•40 min•Ep. 142
Have you heard of the Savannah Banana's baseball team and Jesse and Emily Cole the owners? They are the poster child of the success of implementing profit first. When you think of minor league baseball, do you think the team can be profitable? Can they stay profitable through covid? You bet. Emily Cole is co-o wner and Director of Fun of the Savannah Bananas , a minor league baseball team that is taking the country by storm. https://thesavannahbananas.com/staff-member/emily-cole/ Hi, I'm the Pro...
Dec 13, 2022•37 min•Ep. 141
We will chat about some basics of keeping you safe and secure in your business. Small businesses are just as much a target as large businesses and are probably easier to scam because there are no controls in place. There are so many threats, and too often, we are too busy to even think about them. Today we will chat about some simple ways you can protect yourself and your business Hi, I'm the Profit Answer Man Rocky Lalvani! I help small business owners simplify their financial reports to make m...
Dec 06, 2022•35 min•Ep. 140
Sales is the lifeblood of your company, but you better make sure it's not unprofitable, to begin with or becomes unprofitable because you cut deals to bring in cash or make a number. Our topic today is how to build and manage your sales team. Rene is in a situation most business owners dream of. He hasn’t had to find a new client in over 13 years! After having led over 2500 sales meetings in the last decade, he has discovered that there is no such thing as bad salespeople. Hi, I'm the Profit Ans...
Nov 29, 2022•35 min•Ep. 139
We are back today with another Profit First success story. I was recently on Josh's podcast and learned he loved Mike and the Profit first system and asked him to share his journey and how it's changed his business. He is a former major league baseball pitcher so We also talk about what it means to have a team and also a coach. and how it relates to business. Hi, I'm the Profit Answer Man Rocky Lalvani! I help small business owners simplify their financial reports to make more informed business ...
Nov 22, 2022•31 min•Ep. 138
The biggest lever in your business is Pricing. A small change in price can result in a dramatic increase in profits. Listen in as our guest shares the math. Pricing is much more emotional than rational, and we don't want to race to the bottom and be the lowest-price competitor. 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 Mi...
Nov 15, 2022•40 min•Ep. 137
Today we will chat about how you can increase your prices and how psychology plays a big part in how consumers will react. As we go through examples, think through your business and ask yourself how can I apply this to my offerings. 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...
Nov 08, 2022•38 min•Ep. 136
The biggest problem with being profitable is the tax bill! We discuss profitable and practical ways to lower your taxes. We want to ensure you don't let taxes drive your business decisions but rather your business decisions lower your taxes. 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...
Nov 01, 2022•37 min•Ep. 135
Hi, I'm the Profit Answer Man Rocky Lalvani! This week I am joined by Michele Nedelec. Our topic is Profitable marketing and automation. Everyone wants more sales, but sometimes those sales are unprofitable. It could be because of marketing and advertising costs or many other factors. Today we chat about the steps to ensure your marketing efforts are profitable and repeatable. I help small business owners simplify their financial reports to make more informed business decisions with fewer hassle...
Oct 25, 2022•42 min•Ep. 134
Hi, I'm the Profit Answer Man Rocky Lalvani! This week I am joined by Jay Fairbrother the Profit Architect Our topic is my favorite subject increasing your profitability! Too often we just focus on the top line number of revenue, but the reality is the bottom line profit is what we get to keep. Small changes to the profit lever can have a big impact on the bottom. Listen in to learn how. I help small business owners simplify their financial reports to make more informed business decisions with f...
Oct 18, 2022•33 min•Ep. 133
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 Profit First Experience Course launches. Schedule your free, no-obligation intro call: https://bookme.name/rockyl/lite/intro-appointment-15-minutes More about making profitability simple: http://profitcomesfirst.com/ Questions: questions...
Oct 11, 2022•36 min•Ep. 132
Hi, I'm the Profit Answer Man Rocky Lalvani! I help small business owners simplify their financial reports so that they can 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 Profit First Experience Course launches. Schedule your free, no-obligation intro call: https://bookme.name/rockyl/lite/intro-appointment-15-minutes More about making profitability simple: http://profitcomesfirst.com/ Questi...
Oct 04, 2022•37 min•Ep. 131
Hi, I'm the Profit Answer Man Rocky Lalvani! I help small business owners simplify their financial reports so that they can 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 Profit First Experience Course launches. Schedule your free, no-obligation intro call: https://bookme.name/rockyl/lite/intro-appointment-15-minutes More about making profitability simple: http://profitcomesfirst.com/ Questi...
Sep 27, 2022•39 min•Ep. 130
Hi, I'm the Profit Answer Man Rocky Lalvani! I help small business owners simplify their financial reports so that they can 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 Profit First Experience Course launches. Schedule your free, no-obligation intro call: https://bookme.name/rockyl/lite/intro-appointment-15-minutes More about making profitability simple: http://profitcomesfirst.com/ Questi...
Sep 20, 2022•40 min•Ep. 129
Hi, I'm the Profit Answer Man Rocky Lalvani! I help small business owners simplify their financial reports so that they can 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 Profit First Experience Course launches. Schedule your free, no-obligation intro call: https://bookme.name/rockyl/lite/intro-appointment-15-minutes More about making profitability simple: http://profitcomesfirst.com/ Questi...
Sep 13, 2022•44 min•Ep. 128
Hi, I'm the Profit Answer Man Rocky Lalvani! I help small business owners simplify their financial reports so that they can 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 Profit First Experience Course launches. Schedule your free, no-obligation intro call: https://bookme.name/rockyl/lite/intro-appointment-15-minutes More about making profitability simple: http://profitcomesfirst.com/ Questi...
Sep 06, 2022•38 min•Ep. 127
Hi, I'm the Profit Answer Man Rocky Lalvani! I help small business owners simplify their financial reports so that they can 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 Profit First Experience Course launches. Schedule your free, no-obligation intro call: https://bookme.name/rockyl/lite/intro-appointment-15-minutes More about making profitability simple: http://profitcomesfirst.com/ Questi...
Aug 30, 2022•38 min•Ep. 126
