Profit First Nation

Ep. 69: Oops, I Did It Again: The ALL IN Company

They invite listeners to explore the company's website at www.TheALLINCompany.com and emphasize that the deadline for the free community application is Wednesday, August 11, 2021.

Ep. 68: Intercept Your Behavioral Paths to Achieve Financial Freedom

Join Mike, Danielle, and certified Profit First Professionals as they discuss the importance of publicly committing to the Profit First method and intercepting harmful financial behaviors. Learn how to banish colloquialisms that hinder success and embrace the "uncool" actions that lead to permanent profitability. Gain valuable guidance and support on your journey to financial freedom.

Ep. 67: The Thin Line Between Success and Failure for Small Business Owners

Ep. 66: Reverse Engineering Your Business Success: How Leveraging Sales Transactions Can Make a Big Impact

In this episode, we take a deeper dive into the concept of reverse engineering based on owner's pay and how it can revolutionize your business success. We explore the critical factors that impact revenue, including the number of sales transactions, price, and items per transaction, and how moving these levers can make a significant impact on your bottom line. We also highlight the Notching Up Your Levers resource/calculator available on the Profit First Nation website to help you take control of...

Ep. 65: Leveraging DRIP Accounts for Unearned Revenue and Seasonal Income: Tips from a Profit First Professional

Join us as Profit First Professional's Chief Guide, Billie Anne Grigg, shares valuable insights on leveraging DRIP accounts for managing unearned revenue in retainer-based businesses and dealing with seasonal income fluctuations. Discover how DRIP accounts can help businesses cover expenses during leaner months and maintain financial stability throughout the year. Plus, get an exclusive look behind the scenes of the Profit First Professionals organization, including certification and the benefit...

Ep. 64: From Numbers Phobia to Financial Rockstar: Inside the Transformation Journey of Charisma Boutique

Join us as Danielle shares a behind-the-scenes look at a pilot she's filming for a show called "Business Overhaul." Follow the transformation journey of the owner of Charisma Boutique on Coronado Island, San Diego, as she goes from burying her head in the sand when it comes to numbers to becoming a financial rockstar with a newfound love for numbers. Discover the starting challenges, the financial overhaul process, and the 30-day results of this exciting television pilot. Get inspired to take ch...

Ep. 63: Flipping the Script on Your Money Mindset: Tips from a Certified Life and Money Coach

Join us as Aimee LaLiberte, a certified life and money coach and Profit First Professional, shares a powerful model to help you profitably grow a healthier money mindset. Discover how to flip the script on negative thoughts, feelings, and actions that may be holding you back from owning the financials of your business. Whether you're an entrepreneur, freelancer, or small business owner, this episode will provide valuable insights and practical tips for cultivating a positive and empowering relat...

Ep.62: Profit First Journey and Marketing Tips from Entrepreneur Brian Sly

Join us as entrepreneur Brian Sly shares his Profit First journey and his big "EUREKA" moment of realizing that profit is not a dirty word, but a misunderstood word. Discover valuable insights and practical tips on marketing and leveraging video and LinkedIn to keep your company top of mind and keep your pipeline full. Whether you're a small business owner or entrepreneur, this episode will provide inspiration and actionable strategies to help you take your business to the next level. Don't miss...

Ep. 61: The Straight and Narrow Path to Permanent Profitability: 7 Keys to Doing Profit First Right

Are you tired of struggling to achieve permanent profitability in your business? In this episode, we'll guide you down the straight and narrow path by sharing seven of the most common "ish" temptations that can derail your progress. We'll also provide you with the seven keys to doing Profit First right, so you can achieve permanent profitability and enjoy financial freedom. Whether you're a seasoned entrepreneur or just starting out, this episode is packed with valuable insights and practical ti...

Ep. 60: Profit First Q&A: PPP Loan Forgiveness, Multiple Equity Owners, and Existing Cash on Hand

SPECIAL BONUS Episode: Employee Retention Tax Credits: What You Need to Know for Your Business

Ep. 59: Taking Profit First to Advanced Levels: More Than 10 Additional Accounts You Need to Add

Tune in to take your Profit First strategy to the next level.

Ep.: 58: Diving Into Mike's Inbox: Business Debt, Owner's Comp, and More Profit First Questions Answered

In this episode ending in "-8," we dive into Mike's inbox and answer listener emails on various Profit First topics. We discuss the importance of defining your lifestyle through owner's compensation, what to do with your primary checking account when implementing Profit First, and why it may be beneficial to work with a CERTIFIED Profit First Professional to become "fiscally fit." We also address the topic of business debt and how it fits into the Profit First system. Tune in for valuable insigh...

Ep. 57: Staying on Track with Profit First: A Refresher on the Core Principles and Locked In Lifestyle

We provide a refresher on the four core principles of Profit First, and how Parkinson's Law affects both time and money in your business. We emphasize the critical role of accumulating cash for achieving financial freedom, and share the five rules for a "Locked In Lifestyle" that can help you do more with less.

Ep. 56: Maximizing Profits with Simple Numbers: An Interview with Author Greg Crabtree

In this episode, we are joined by Greg Crabtree, the author of "Simple Numbers" and "Simple Numbers 2.0." As a CPA and financial expert, Greg shares insights on how entrepreneurs can slice and dice their accounting data into meaningful metrics and benchmark against proven benchmarks for maximum profitability. With his expertise in explaining complex financial concepts in simple terms, Greg offers practical advice for entrepreneurs looking to increase their profits and grow their businesses. Tune...

Ep. 55: Mastering Profit First: Understanding Cash Management vs. Accounting Systems with Billie Anne Grigg

Bonus content includes a deep dive into Income Statements (P&Ls), Balance Sheets, Statements of Cash Flow, and more. Tune in for valuable insights and practical tips on mastering Profit First.

Ep. 54: Maximizing Profitability with Quarterly Expense Reviews: Insights from Danielle Mulvey

Be sure to download the episode's associated checklist at www.profitfirstnation.com/resources , or opt-in to receive resources for each new episode via text message by providing your cell number.

Ep. 53: Investing for Success: Michelle Campbell's Profit First Journey

In this episode, we speak with Michelle Campbell, a Financial Advisor and Investment Advisor Representative at Wealth Strategies Financial Group, about her Profit First journey. Michelle shares her experiences, challenges, and successes with implementing Profit First, as well as her passion for helping individuals achieve financial success through investing tailored to their unique situations. Tune in for insights and inspiration on how to integrate Profit First principles into your financial pl...

Ep. 52: Maximizing Financial Freedom: Integrating Profit First and Dave Ramsey's Baby Steps

Tune in for expert advice on managing your money, building wealth, and creating a secure financial future for yourself and your family.

Ep. 51: The Magic of Profit First: Two Entrepreneurs Share Their Success Story

In this episode, Jess and Margy share their Profit First journey with the help of mastery-certified Profit First Professional, John Briggs from Incite Tax. They discuss how they successfully implemented Profit First in their business and how it transformed their financial situation, from struggling to keep a solid cash cushion to experiencing the "magic" of Profit First. Tune in to learn from their experience and discover how you can apply the principles of Profit First to improve your own busin...

Ep. 50: Answering Your Profit First Questions: Profit Distributions, Tax Distributions, and Reverse Engineering

Join us as we answer three great listener questions about Profit Distributions, Tax Distributions, and Reverse Engineering. Get tips on how to align your Total Revenue Target with your Real Revenue to deliver ideal Quarterly Profit Distributions and Owner’s Pay. Download our bonus resource, the “Reverse Engineer Calculator,” to help you reverse engineer your business goals.

Ep. 49: The Revenue Pipeline Generating Formula for Profitable Business Growth

Want to achieve financial freedom and confidently hit your revenue goals? In this episode, we share the "Revenue Pipeline Generating Formula" to help you work ON your business each week with intentional, proactive action. Learn how to produce profitable results by managing your most precious gift: TIME. Don't waste it, don't get hijacked by it, and limit consuming new content at work to just three hours per week. Join us for practical tips and strategies to achieve ultimate entrepreneurial succe...

Ep. 48: The Power of "Take" Over "Make" for Financial Freedom

In this episode, Mike Michalowicz shares his signature "Mike-isms" that will give you more confidence, security, and cash in the bank for profitable business growth and financial freedom. By changing one word in your vocabulary, from "make" to "take," you can shift your focus to what matters most in business - maximizing profitability. Discover simple yet profound insights and strategies that will help you achieve the ultimate entrepreneurial dream with a strong financial foundation. Tune in for...

Ep. 47: From Struggling Business Owner to Profitable Entrepreneur: One Man's Journey

Join us for a candid conversation with Adam McKee, owner of Contemporary Woods, as he shares his journey from struggling business owner to profitable entrepreneur. Adam shares his personal insights and strategies for increasing profitability by facing problems head-on, just like a buffalo. He also reveals how he now spends a healthy amount of his week working ON his business, and offers tips for building a strong knowledge network. Whether you're just starting out or looking to take your busines...

Ep. 46: Dan Miller's 10 Rich Characteristics for Success in Life and Business

In this episode, we delve into Dan Miller's 10 Rich Characteristics for success in life and business. From creativity to resilience, these characteristics are essential for achieving your goals and living a fulfilling life. Join us as we brainstorm practical ways to develop and strengthen each characteristic, sharing insights and strategies for personal and professional growth. Whether you're an entrepreneur, a creative professional, or simply looking to live your best life, this episode offers ...

Ep. 45: Advanced Profit First Strategies for Managing Owner's Pay and Profit Distributions

In this episode, we welcome back Bille Anne Grigg, Chief Guide of Profit First Professionals, to dive deeper into advanced Profit First strategies. Join us as we explore how to manage the Owner's Pay Allocation/Account when using a Payroll Service, as well as handling Profit Distributions and leveraging a Vault Account. With Bille Anne's expert guidance, you'll learn how to take your Profit First system to the next level and achieve even greater profitability and financial success. Whether you'r...

Ep. 44: How to Hire and Retain A-Players: The Four WOWs Strategy

Whether you're a business owner, manager, or HR professional, this episode offers practical insights and actionable tips for hiring and retaining top talent. Tune in for the Four WOWs strategy and start building a team of A-players that will take your business to the next level.

Ep. 43: Topgrading: How to Rate Candidates on RED Key Competencies

We share practical tips and strategies for rating candidates on these competencies and offer a downloadable resource - the editable RED Key Competency Questions - to help you hire more profitable A-players instead of profit-sucking B or C-players. Whether you're a business owner, manager, or HR professional, this episode offers valuable insights into the hiring process and how to identify top talent that will drive profitability and success in your organization.

Ep. 42: Topgrading: The Four Pillars to Recruiting and Hiring A-Players

In this episode, we discuss the four pillars of Topgrading - a proven method for recruiting and hiring top talent. From identifying core values to conducting in-depth interviews and reference checks, these pillars can help you build a team of A-players who represent the top 10% of available talent.

Ep. 41: Leveraging Baseline Selling to Hit Your 2021 Sales Goals

Whether you're a sales professional or a business owner, this episode offers practical tips and strategies for leveraging Baseline Selling to achieve your goals and drive growth. Tune in for insights into the sales process and how to use Baseline Selling to close more deals and drive revenue.