![Episode 66: New Membership Organizations and Parkinson's Law with Erica Wernick - podcast episode cover](https://image.simplecastcdn.com/images/b7f77c/b7f77c6c-dfb3-4e36-af56-a5330899bf24/b6c4fd03-d677-43e6-a4a3-7e263c555f1c/3000x3000/ee-cover-art-r5.jpg?aid=rss_feed)
Episode description
Erica Wernick, founder of LA Bound: a business that helps aspiring TV and Movie Actors/Actresses/Experts achieve their goals in Los Angeles. In this episode we learn what a new membership organization is like. We discover the essence of Parkinson’s Law: that every penny made is also spent. We guide Erica through her first step toward Profit First in setting up different allocation accounts, including running a basic profit assessment. In this episode we also explain cost vs. investment.