17. How a Profit First Mindset Can Transform Your Business

10/05/23 • 18 min

One common mistake I see with business owners who want to make more profit is that they are putting profit last. Profit is what happens to them after all their expenses are paid.
But sustainable project requires a Profit First mindset. In this week's podcast, I'm talking about how a Profit First mindset can transform your business.
A profit last mindset is a sure way to unending hustle, burnout and poor or inconsistent profitss. Instead, adopt a Profit First mindset and get off the hustle and burnout bus and start making more money.
Tune in and learn:

What Profit First is and what isn't
The 4 core principles behind Profit First
How to start implementing Profit First today.

Mentioned in this episode:

For the full show notes, including the transcript, go to www.carlamoats.com/podcast/episode17

This episode was produced by The Podcast Teacher.

DISCLAIMER: The information in this podcast is for informational purposes only and does not constitute an accountant-client relationship. While we use reasonable efforts to furnish accurate and up-to-date information, we assume no liability or responsibility for any errors, omissions or regulatory updates.

10/05/23 • 18 min

Purposeful Profit - 17. How a Profit First Mindset Can Transform Your Business

Transcript

Hello, and welcome back to the Purposeful Profit Podcast. I'm your host, Carla Moats. This week, we are talking about adopting a “profit-first” mindset in your business. Unfortunately, too many entrepreneurs have a profit-last mindset. But if you are ready to quit bleeding money in your business by going from a profit-last mindset to a profit-first mindset, today's episode is for you.

So, Profit First is a strategic financial management system. It was popularized by Mike Mokolowitz

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