Episode 003 – How To Put Your Profit First with Ron Saharyan
In this episode of Crush The Journey we will be talking with Ron Saharyan of Profit First Professionals about the cash management system called Profit First. Ron educates entrepreneurs about the benefits for putting Profit First instead of last.
Key takeaways:
- Sales – Expenses = Profit is a broken formula; Sales – Profit = Expenses puts profits first instead of last
- Profit First is a behavioral cashflow methology
- Implementation is slow and steady for long term growth
- Accountability partners, like Profit First Professionals, will help ensure success through celebrating small wins and setting up guardrails.
Items mentioned:
http://www.growmyaccountingpractice.com
Ready for clarity? Grab your FREE Cashflow Clarity Bundle now. This bundle includes the first 2 chapters of the Profit First book and a training video to get you started.