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Profit First Nation

Profit First Nation

172 episodes — Page 2 of 4

Ep 118Ep 118: Maximizing Business Profitability: Expert Tips from Mike Michalowicz on the Power of the Pareto Principle and Transformations in Banking

Profit First Nation is brought to you by HighLevel. Fans of the podcast can get an extended 30 Day Free Trial by visiting: https://www.gohighlevel.com/profitfirstnation To subscribe to the Build Your Dream Team secret podcast, just head over to this link: 5staremployeehiringsystem.com/build-your-dream-team-subscribe and fill out the form to gain exclusive access! 🌟 In this episode, we welcome back renowned business author and speaker Mike Michalowicz as we discuss crucial financial strategies for businesses. We explore how to make a transformation like moving from one business bank account to five, we also delve into the power of the Pareto Principle when it comes to managing your customer roster and maximizing profitability. Plus, we offer expert advice on how much to keep in your financial vault account for OpEx, and where and how to open your five core accounts. Tune in for valuable insights and practical tips to revolutionize your business finances! Don’t forget that we have your back on where and how to open your five core accounts at https://www.profitfirstnation.com/step-1/

Jul 29, 202230 min

Ep 117Ep. 117: Maximizing Profitability: A Checklist for an Abundant Mindset and Infinite Opportunities

Profit First Nation is brought to you by HighLevel. Fans of the podcast can get an extended 30 Day Free Trial by visiting: https://www.gohighlevel.com/profitfirstnation To subscribe to the Build Your Dream Team secret podcast, just head over to this link: 5staremployeehiringsystem.com/build-your-dream-team-subscribe and fill out the form to gain exclusive access! 🌟 In this episode, we explore the powerful concept of abundance mindset and how it can help you unlock infinite opportunities for profitability. Our expert guest breaks down a checklist to help you get the right framework in place to achieve your financial goals. Plus, don't miss our special bonus resource - the Reverse Engineer Calculator Based on Owner’s Pay, available exclusively at www.ReverseEngineerCalculator.com. Tune in now and learn how to cultivate a mindset of abundance to maximize your business's profitability.

Jul 26, 202222 min

Ep 116Ep. 116: Joe Wellbourn's Authentic Profit First Journey: From False Start to Permanently Profitable Business Owner with Carbon Marine

Profit First Nation is brought to you by HighLevel. Fans of the podcast can get an extended 30 Day Free Trial by visiting: https://www.gohighlevel.com/profitfirstnation To subscribe to the Build Your Dream Team secret podcast, just head over to this link: 5staremployeehiringsystem.com/build-your-dream-team-subscribe and fill out the form to gain exclusive access! 🌟 He discusses how he transformed his business from one that was struggling to make ends meet to a permanently profitable one. By following the Profit First framework, Joe is now able to work on his business instead of being a slave to the grind.

Jul 2, 202228 min

Ep 115Ep. 115: Mastering Credit Leverage with Profit First: Tips and Strategies

Profit First Nation is brought to you by HighLevel. Fans of the podcast can get an extended 30 Day Free Trial by visiting: https://www.gohighlevel.com/profitfirstnation To subscribe to the Build Your Dream Team secret podcast, just head over to this link: 5staremployeehiringsystem.com/build-your-dream-team-subscribe and fill out the form to gain exclusive access! 🌟 In this episode, Danielle Mulvey and Chief Profit First Professional Guide, Billie Anne Grigg, dive into the world of credit leverage and how it can be used to earn points and rewards while staying financially responsible. They also discuss the pitfalls of going credit crazy and offer tips and strategies for mastering credit leverage with Profit First. Make sure to check out www.SecondHalfStrong.com for exclusive live programming to boost your profitability with 1:1 Coaching, Strategic Advisory Sessions, Sprints, and Weekly Live Q&A.

Jul 1, 202224 min

Ep 114Ep. 114: Unlocking the Secret to Building Your Dream Team with a 90% Hiring Success Rate

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Profit First Nation is brought to you by HighLevel. Fans of the podcast can get an extended 30 Day Free Trial by visiting: https://www.gohighlevel.com/profitfirstnation To subscribe to the Build Your Dream Team secret podcast, just head over to this link: 5staremployeehiringsystem.com/build-your-dream-team-subscribe and fill out the form to gain exclusive access! 🌟 Learn how to consistently build your dream team using The 5-Star Employee Rating System(TM), a powerful talent evaluation system. With a 90% hiring success rate, this system is essential for attracting and retaining 5-Star Employees. In addition to The 5-Star Employee Rating System(TM), discover four other secrets that are simple to implement with the right intention. Unlock the secret to building a winning team today!

Jun 16, 202222 min

Ep 113Ep. 113: From Radiology Tech to Luxury Photographer: Felicia Reed's Profit First Journey to Success

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Profit First Nation is brought to you by HighLevel. Fans of the podcast can get an extended 30 Day Free Trial by visiting: https://www.gohighlevel.com/profitfirstnation To subscribe to the Build Your Dream Team secret podcast, just head over to this link: 5staremployeehiringsystem.com/build-your-dream-team-subscribe and fill out the form to gain exclusive access! 🌟 Plus, listen closely and count how many times Felicia mentions her amazing Mastery-Certified Profit First Professional, Venus Michael! Don't miss this inspiring episode on achieving financial success in your business.

Jun 11, 202232 min

Ep 112Ep. 112: Mastering the Power of Planning for a Strong Second Half of 2022

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Profit First Nation is brought to you by HighLevel. Fans of the podcast can get an extended 30 Day Free Trial by visiting: https://www.gohighlevel.com/profitfirstnation To subscribe to the Build Your Dream Team secret podcast, just head over to this link: 5staremployeehiringsystem.com/build-your-dream-team-subscribe and fill out the form to gain exclusive access! 🌟 Join us as we explore the secrets to mastering the power of planning and achieving your goals. Don't miss this episode on taking control of your life and achieving success.

Jun 2, 202227 min

Ep 111Ep. 111: Automate Your Profit First Allocations with NorthOne - The Bank that Embraces Profit First!

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Profit First Nation is brought to you by HighLevel. Fans of the podcast can get an extended 30 Day Free Trial by visiting: https://www.gohighlevel.com/profitfirstnation To subscribe to the Build Your Dream Team secret podcast, just head over to this link: 5staremployeehiringsystem.com/build-your-dream-team-subscribe and fill out the form to gain exclusive access! 🌟 Rejoice! NorthOne, the bank that embraces Profit First, is here to automate your Profit First allocations. Join co-founder and CEO, Eytan Bensoussan, as he walks us through how to use NorthOne's sub-account envelopes to streamline your Profit First system. With NorthOne, you can open your account from the comfort of your own home in no time at all. And as a bonus, Profit First Nation listeners can get a $50 bonus when they open their NorthOne account using the link provided. Don't miss this episode on revolutionizing your banking experience with Profit First and NorthOne.

May 27, 202228 min

Ep 110Ep. 110: Mastering Advance Profit First Applications: Calculating Real Revenue and Reverse Engineering for Accelerated Profitability

Profit First Nation is brought to you by HighLevel. Fans of the podcast can get an extended 30 Day Free Trial by visiting: https://www.gohighlevel.com/profitfirstnation To subscribe to the Build Your Dream Team secret podcast, just head over to this link: 5staremployeehiringsystem.com/build-your-dream-team-subscribe and fill out the form to gain exclusive access! 🌟 Join us as we dive into the finer details of Advance Profit First applications. Discover how to calculate Real Revenue when COGS (Materials) and/or Subcontractor costs account for 25% or more of your total sales. Plus, as a bonus resource, learn how to complete the Reverse Engineer Calculator based on Owner's Pay to get your business on an accelerated path to profitability. We also answer more of your burning questions about Profit First. Don't miss this episode on taking your Profit First system to the next level and achieving true financial success.

May 20, 202223 min

Ep 109Ep. 109: Attracting 5-Star Candidates: Game-Changing Recruitment Strategies for Your Business

Profit First Nation is brought to you by HighLevel. Fans of the podcast can get an extended 30 Day Free Trial by visiting: https://www.gohighlevel.com/profitfirstnation To subscribe to the Build Your Dream Team secret podcast, just head over to this link: 5staremployeehiringsystem.com/build-your-dream-team-subscribe and fill out the form to gain exclusive access! 🌟 Learn how to tweak your job postings, woo candidates, and go all in on your recruitment efforts to repel 1, 2, and 3-Star Duds. Remember, settling for less than 5-Star Employees can kill your profitability.

May 19, 202227 min

Ep 108Ep. 108: From Struggling to Successful: Entrepreneurs Share Their Journeys with Mike Michalowicz

Profit First Nation is brought to you by HighLevel. Fans of the podcast can get an extended 30 Day Free Trial by visiting: https://www.gohighlevel.com/profitfirstnation To subscribe to the Build Your Dream Team secret podcast, just head over to this link: 5staremployeehiringsystem.com/build-your-dream-team-subscribe and fill out the form to gain exclusive access! 🌟 Discover the secrets to their success and learn how you can apply their strategies to your own business. Don't miss this episode filled with real-life stories of triumph and inspiration.

May 10, 202226 min

Ep 107Ep. 107: Money Mindset and Practical Principles with CPA and Mastery-Certified Profit First Professional, Wendi Hall

Profit First Nation is brought to you by HighLevel. Fans of the podcast can get an extended 30 Day Free Trial by visiting: https://www.gohighlevel.com/profitfirstnation To subscribe to the Build Your Dream Team secret podcast, just head over to this link: 5staremployeehiringsystem.com/build-your-dream-team-subscribe and fill out the form to gain exclusive access! 🌟 Discover the secrets to developing a healthy money mindset and learn how to apply practical principles to your financial planning. From managing your cash flow to cultivating a mindset of abundance, Wendi shares her expert insights and strategies for success.

May 9, 202230 min

Ep 106Ep. 106: Fixing Your Business at the Order Level: 5 Key Strategies for Success

Profit First Nation is brought to you by HighLevel. Fans of the podcast can get an extended 30 Day Free Trial by visiting: https://www.gohighlevel.com/profitfirstnation To subscribe to the Build Your Dream Team secret podcast, just head over to this link: 5staremployeehiringsystem.com/build-your-dream-team-subscribe and fill out the form to gain exclusive access! 🌟 From Minimum Wasted Effort to Role Alignment to Linchpin Redundancy and more, discover the secrets to optimizing your Order level and moving up the Business Hierarchy of Needs. Plus, we challenge you with 17 specific opportunities to fine-tune your Order level and achieve optimal performance.

Apr 21, 202226 min

Ep 105Ep. 105: Advanced Profit First Strategies: Expert Insights from Billie Anne Grigg, Profit First Professional’s Chief Profit Guide

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Profit First Nation is brought to you by HighLevel. Fans of the podcast can get an extended 30 Day Free Trial by visiting: https://www.gohighlevel.com/profitfirstnation To subscribe to the Build Your Dream Team secret podcast, just head over to this link: 5staremployeehiringsystem.com/build-your-dream-team-subscribe and fill out the form to gain exclusive access! 🌟

Apr 15, 202226 min

Ep 104Ep. 104: From Accountant to Part-Time Mermaid: Tracy Jepson's Journey to Building Her Dream Team and Opening a Scuba Shop

Profit First Nation is brought to you by HighLevel. Fans of the podcast can get an extended 30 Day Free Trial by visiting: https://www.gohighlevel.com/profitfirstnation To subscribe to the Build Your Dream Team secret podcast, just head over to this link: 5staremployeehiringsystem.com/build-your-dream-team-subscribe and fill out the form to gain exclusive access! 🌟 Learn how Tracy applied Profit First principles to achieve financial success and create a business that supports her dreams and passions. Don't miss this uplifting and informative episode filled with practical tips and insights for building your dream team and achieving your entrepreneurial goals.

Apr 8, 202231 min

Ep 103Ep. 103: Discover the Power of AI and an Irresistible Offer for Business Growth with Mark Coudray

Profit First Nation is brought to you by HighLevel. Fans of the podcast can get an extended 30 Day Free Trial by visiting: https://www.gohighlevel.com/profitfirstnation To subscribe to the Build Your Dream Team secret podcast, just head over to this link: 5staremployeehiringsystem.com/build-your-dream-team-subscribe and fill out the form to gain exclusive access! 🌟

Mar 31, 202221 min

Ep 102Ep. 102: How Fix This Next and Profit First Saved a Failing Laundromat

Profit First Nation is brought to you by HighLevel. Fans of the podcast can get an extended 30 Day Free Trial by visiting: https://www.gohighlevel.com/profitfirstnation To subscribe to the Build Your Dream Team secret podcast, just head over to this link: 5staremployeehiringsystem.com/build-your-dream-team-subscribe and fill out the form to gain exclusive access! 🌟 They acquired a laundromat thinking they were fulfilling Hastin’s childhood dream of owning a laundromat, but the struggle was more the tale of a nightmare. They were bleeding cash, and expenses just seemed to increase month over month. After reading Fix This Next and Profit First, Taylor and Hastin took the Fix This Next Assessment and connected with Danielle. Taylor attributes their turnaround in less than a year to MAGIC, but it really was just their commitment to doing Profit First RIGHT.

Mar 25, 202230 min

Ep 101Ep. 101: Unlocking Business Success: The Five Stages That Drive Profit

Profit First Nation is brought to you by HighLevel. Fans of the podcast can get an extended 30 Day Free Trial by visiting: https://www.gohighlevel.com/profitfirstnation To subscribe to the Build Your Dream Team secret podcast, just head over to this link: 5staremployeehiringsystem.com/build-your-dream-team-subscribe and fill out the form to gain exclusive access! 🌟

Mar 17, 202224 min

Ep 100Ep. 100: Profit First FAQ Buffet: Answering Common Questions for Entrepreneurs

Profit First Nation is brought to you by HighLevel. Fans of the podcast can get an extended 30 Day Free Trial by visiting: https://www.gohighlevel.com/profitfirstnation To subscribe to the Build Your Dream Team secret podcast, just head over to this link: 5staremployeehiringsystem.com/build-your-dream-team-subscribe and fill out the form to gain exclusive access! 🌟 Celebrate our 100th episode with us as we serve up an "FAQ Buffet" covering a wide range of topics important to entrepreneurs. From handling reservation deposits to paying personal liabilities like child support, we'll answer your burning questions and offer insights and strategies for success. Plus, don't miss our special invitation to a live webinar event on Thursday, March 24th at 1pm PT / 4pm ET. Tune in and join the feast!

Mar 10, 202225 min

Ep 99Ep. 99: Building Your Dream Team: How to Avoid the Seven Most Common Hiring Mistakes

Profit First Nation is brought to you by HighLevel. Fans of the podcast can get an extended 30 Day Free Trial by visiting: https://www.gohighlevel.com/profitfirstnation To subscribe to the Build Your Dream Team secret podcast, just head over to this link: 5staremployeehiringsystem.com/build-your-dream-team-subscribe and fill out the form to gain exclusive access! 🌟 Your employees can make or break your business, so why settle for average or worse? Join us as we show you how to go ALL IN on recruiting, hiring, and retaining 5-Star Employees and build your Dream Team. We'll guide you through the process of avoiding the seven most common hiring mistakes and give you the tools you need to succeed. Don't miss out on this essential episode for any entrepreneur looking to take their business to the next level.

Mar 3, 202228 min

Ep 98Ep. 98: Ask Mike Anything: Tax Accounts, Non-Profits, and Hobby Businesses

Profit First Nation is brought to you by HighLevel. Fans of the podcast can get an extended 30 Day Free Trial by visiting: https://www.gohighlevel.com/profitfirstnation To subscribe to the Build Your Dream Team secret podcast, just head over to this link: 5staremployeehiringsystem.com/build-your-dream-team-subscribe and fill out the form to gain exclusive access! 🌟 It's time for another Ask Mike Anything episode, where Mike Michalowicz reads and answers your emails to support you on your Profit First journey. Join us as we cover tax accounts from different angles, discuss how Profit First can work for non-profits, and explore the importance of treating a "hobby business" like a real business (and why you should stop calling it a "hobby business"). Don't miss this opportunity to get your questions answered by the Profit First master himself!

Feb 25, 202221 min

Ep 97Ep. 97: The Business Multiplier: Coudray’s Law for Profitable Growth

Profit First Nation is brought to you by HighLevel. Fans of the podcast can get an extended 30 Day Free Trial by visiting: https://www.gohighlevel.com/profitfirstnation To subscribe to the Build Your Dream Team secret podcast, just head over to this link: 5staremployeehiringsystem.com/build-your-dream-team-subscribe and fill out the form to gain exclusive access! 🌟

Feb 18, 202232 min

Ep 96Ep. 96: Profit First Done Right: Clearing Up Misconceptions and Naysayers

Profit First Nation is brought to you by HighLevel. Fans of the podcast can get an extended 30 Day Free Trial by visiting: https://www.gohighlevel.com/profitfirstnation To subscribe to the Build Your Dream Team secret podcast, just head over to this link: 5staremployeehiringsystem.com/build-your-dream-team-subscribe and fill out the form to gain exclusive access! 🌟

Feb 10, 202225 min

Ep 95Ep. 95: Profit First for Larger Businesses: Managing Expenses for Permanent Profitability

Profit First Nation is brought to you by HighLevel. Fans of the podcast can get an extended 30 Day Free Trial by visiting: https://www.gohighlevel.com/profitfirstnation To subscribe to the Build Your Dream Team secret podcast, just head over to this link: 5staremployeehiringsystem.com/build-your-dream-team-subscribe and fill out the form to gain exclusive access! 🌟

Feb 3, 202221 min

Ep 94Ep. 94: 17 Fixes for Achieving Profit Level Permanently: Lessons from "Fix This Next

Profit First Nation is brought to you by HighLevel. Fans of the podcast can get an extended 30 Day Free Trial by visiting: https://www.gohighlevel.com/profitfirstnation To subscribe to the Build Your Dream Team secret podcast, just head over to this link: 5staremployeehiringsystem.com/build-your-dream-team-subscribe and fill out the form to gain exclusive access! 🌟 Join us as we revisit the PROFIT Level fixes from Mike Michalowicz's book, "Fix This Next." We'll cover five key topics, including Debt Eradication, Margin Health, and Profitable Leverage, and share 17 very specific fixes you can apply to achieve permanent profitability in your business. Whether you're just starting out or looking to take your business to the next level, this episode is packed with insights and strategies for achieving long-term financial success. Don't miss out!

Jan 30, 202228 min

Ep 93Ep. 93: Never Budget Again: A Radical Approach to Business Finance with Wendy Barlin

Profit First Nation is brought to you by HighLevel. Fans of the podcast can get an extended 30 Day Free Trial by visiting: https://www.gohighlevel.com/profitfirstnation To subscribe to the Build Your Dream Team secret podcast, just head over to this link: 5staremployeehiringsystem.com/build-your-dream-team-subscribe and fill out the form to gain exclusive access! 🌟

Jan 20, 202224 min

Ep 92Ep. 92: From Debt to Profit: One Entrepreneur's Journey with Profit First

Profit First Nation is brought to you by HighLevel. Fans of the podcast can get an extended 30 Day Free Trial by visiting: https://www.gohighlevel.com/profitfirstnation To subscribe to the Build Your Dream Team secret podcast, just head over to this link: 5staremployeehiringsystem.com/build-your-dream-team-subscribe and fill out the form to gain exclusive access! 🌟 Join us as we speak with Steve, a Profit First ROCK STAR, about his journey back from the abyss of debt, no profit, and no owner's compensation. Discover how Steve used the Profit First system to transform his business and achieve permanent profitability. We'll explore practical strategies and insights for implementing Profit First, overcoming common challenges, and building a more successful business. Whether you're struggling with debt or just looking to improve your financial management, this episode is a must-listen for any entrepreneur. Don't miss out on this inspiring story of financial transformation and success.

Jan 14, 202228 min

Ep 91Ep. 91: Overcoming Stymies: 6 Common Obstacles to Doing Profit First Right

Profit First Nation is brought to you by HighLevel. Fans of the podcast can get an extended 30 Day Free Trial by visiting: https://www.gohighlevel.com/profitfirstnation To subscribe to the Build Your Dream Team secret podcast, just head over to this link: 5staremployeehiringsystem.com/build-your-dream-team-subscribe and fill out the form to gain exclusive access! 🌟 In this episode, Kasey Anton, a Mastery-certified Profit First Professional, shares the six common stymies that can hinder your progress in doing Profit First right. She also offers practical tips and strategies to overcome these obstacles and achieve financial success in your business. Plus, she invites listeners to take her Fix This Next Assessment Tool to identify the critical needs of their business.

Jan 7, 202229 min

Ep 90Ep. 90: Banking and Payroll for Profit First Businesses: Your Burning Questions Answered

Profit First Nation is brought to you by HighLevel. Fans of the podcast can get an extended 30 Day Free Trial by visiting: https://www.gohighlevel.com/profitfirstnation To subscribe to the Build Your Dream Team secret podcast, just head over to this link: 5staremployeehiringsystem.com/build-your-dream-team-subscribe and fill out the form to gain exclusive access! 🌟 In this episode, we dive into some burning questions related to banking and payroll for Profit First businesses. We cover a range of topics, including the best types of bank accounts to use, how to choose the right bank for your business, and how to handle allocation day when paying employees with variable compensation such as commissions or percentage-based pay. Whether you're just starting out or you're a seasoned business owner, this episode is full of valuable insights to help you manage your finances more effectively.

Dec 30, 202120 min

Ep 89Ep. 89: Ignite Your Marketing Overnight: The Power of "Different" with Justin Wise

Profit First Nation is brought to you by HighLevel. Fans of the podcast can get an extended 30 Day Free Trial by visiting: https://www.gohighlevel.com/profitfirstnation To subscribe to the Build Your Dream Team secret podcast, just head over to this link: 5staremployeehiringsystem.com/build-your-dream-team-subscribe and fill out the form to gain exclusive access! 🌟

Dec 23, 202122 min

Ep 88Ep. 88: Reading Mike Michalowicz's Inbox

Profit First Nation is brought to you by HighLevel. Fans of the podcast can get an extended 30 Day Free Trial by visiting: https://www.gohighlevel.com/profitfirstnation To subscribe to the Build Your Dream Team secret podcast, just head over to this link: 5staremployeehiringsystem.com/build-your-dream-team-subscribe and fill out the form to gain exclusive access! 🌟 Join Mike Michalowicz and Danielle as they dive into another episode of "Reading Mike's Inbox." In this episode, they'll be sharing some of the most interesting and entertaining emails that Mike has received recently. From funny stories to insightful questions, you never know what you'll find in Mike's inbox. Tune in now to see what's in store for episode 8!

Dec 17, 202129 min

Ep 88BONUS EPISODE: Mental Health Group Practices: 5 Key Dashboard Metrics for Permanent Profitability

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Profit First Nation is brought to you by HighLevel. Fans of the podcast can get an extended 30 Day Free Trial by visiting: https://www.gohighlevel.com/profitfirstnation To subscribe to the Build Your Dream Team secret podcast, just head over to this link: 5staremployeehiringsystem.com/build-your-dream-team-subscribe and fill out the form to gain exclusive access! 🌟 Running a mental health group practice can be challenging, but with the right metrics, you can achieve permanent profitability. In this episode, Angie Noll from ReconciledSolutions.net shares five key dashboard metrics that will provide clarity to your numbers and help you accelerate your practice's success. From revenue to staff productivity, these metrics will give you the insights you need to make informed decisions and stay on track. Don't miss out on this valuable resource – visit the link in the episode description to access the dashboard and take your mental health group practice to the next level.

Dec 17, 202121 min

Ep 87Ep. 87: 5 Steps to Get Your Financial Game Together with Angie Noll

Profit First Nation is brought to you by HighLevel. Fans of the podcast can get an extended 30 Day Free Trial by visiting: https://www.gohighlevel.com/profitfirstnation To subscribe to the Build Your Dream Team secret podcast, just head over to this link: 5staremployeehiringsystem.com/build-your-dream-team-subscribe and fill out the form to gain exclusive access! 🌟 Are you struggling with accounting, bookkeeping, or financial management for your business? In this episode, Angie Noll, a Mastery-Certified Profit First Professional and principal of Reconciled Solutions, shares her expert insights on the 5 steps to getting your financial game together. From creating a cash flow plan to optimizing your accounting systems, these steps will help you relieve stress and build a solid financial foundation for your business. Tune in now for some great reminders and a-ha moments that will help you get on track with your finances.

Dec 10, 202129 min

Ep 86Ep. 86: Business Continuity Planning: 6 Best Practices to Ensure Operations in Any Circumstances

Profit First Nation is brought to you by HighLevel. Fans of the podcast can get an extended 30 Day Free Trial by visiting: https://www.gohighlevel.com/profitfirstnation To subscribe to the Build Your Dream Team secret podcast, just head over to this link: 5staremployeehiringsystem.com/build-your-dream-team-subscribe and fill out the form to gain exclusive access! 🌟 COVID-19 has reminded us of the importance of being prepared for unexpected or tragic events that can impact our business operations. In this episode, we share six best practices for business continuity planning that will help ensure your operations continue swimmingly regardless of the circumstances. From having a contingency plan in place to recruiting and retaining 5-star employees, these practices will help you build a resilient and adaptable business that can weather any storm. Tune in now to learn how to prepare for the unexpected and keep your business running smoothly.

Dec 3, 202121 min

Ep 85Ep. 85: Profit First Implementation: Common Sticking Points and How to Overcome Them

Profit First Nation is brought to you by HighLevel. Fans of the podcast can get an extended 30 Day Free Trial by visiting: https://www.gohighlevel.com/profitfirstnation To subscribe to the Build Your Dream Team secret podcast, just head over to this link: 5staremployeehiringsystem.com/build-your-dream-team-subscribe and fill out the form to gain exclusive access! 🌟 Whether you're a new business or an existing one, we'll guide you through the process and cover all the bases to ensure a successful implementation. Don't let common obstacles hold you back from achieving financial success – tune in now to learn how to overcome them and take your business to the next level with Profit First.

Nov 25, 202123 min

Ep 84Ep. 84: Simple Sales Strategies for a Profitable Year Ahead

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Profit First Nation is brought to you by HighLevel. Fans of the podcast can get an extended 30 Day Free Trial by visiting: https://www.gohighlevel.com/profitfirstnation To subscribe to the Build Your Dream Team secret podcast, just head over to this link: 5staremployeehiringsystem.com/build-your-dream-team-subscribe and fill out the form to gain exclusive access! 🌟 From improving your customer service to optimizing your pricing strategy, these simple but powerful tips will help you delight more customers and increase your revenue. Whether you're just starting out or looking to take your sales to the next level, this episode has something for you.

Nov 18, 202121 min

Ep 83Ep. 83: The Power of Sales State: How to Maximize Your Performance and Drive Sales

Profit First Nation is brought to you by HighLevel. Fans of the podcast can get an extended 30 Day Free Trial by visiting: https://www.gohighlevel.com/profitfirstnation To subscribe to the Build Your Dream Team secret podcast, just head over to this link: 5staremployeehiringsystem.com/build-your-dream-team-subscribe and fill out the form to gain exclusive access! 🌟 Remember, you're not just selling a product – you're selling a state that solves your customer's pain. By mastering your sales state, you can connect with your customers on a deeper level and close more deals.

Nov 11, 202122 min

Ep 82Ep. 82: From Workshop to Bank: Setting a Record with Profit First Account Setup in 38 Minutes

Profit First Nation is brought to you by HighLevel. Fans of the podcast can get an extended 30 Day Free Trial by visiting: https://www.gohighlevel.com/profitfirstnation To subscribe to the Build Your Dream Team secret podcast, just head over to this link: 5staremployeehiringsystem.com/build-your-dream-team-subscribe and fill out the form to gain exclusive access! 🌟 Are you curious about how quickly you can set up your Profit First accounts in person at the bank after attending a Profit First workshop? In this episode, we speak with Brittany Milan, owner of Eleve Performing Arts Center, who set a record of just 38 minutes for opening her accounts after attending a workshop. Brittany shares her journey of implementing Profit First in her business, and how it has transformed her approach to cash flow and profitability. As a small business owner, Brittany had struggled with profitability and cash flow for years, until she discovered Profit First. Now, with cash in the bank and a better understanding of her finances, Brittany is able to relax and focus on growing her business. Tune in to learn more about how Profit First can help you achieve financial peace of mind in your business.

Nov 4, 202126 min

Ep 81Ep. 81: Breaking Free from the Survival Trap: How to Build a Solid Sales Foundation for Business Growth

Profit First Nation is brought to you by HighLevel. Fans of the podcast can get an extended 30 Day Free Trial by visiting: https://www.gohighlevel.com/profitfirstnation To subscribe to the Build Your Dream Team secret podcast, just head over to this link: 5staremployeehiringsystem.com/build-your-dream-team-subscribe and fill out the form to gain exclusive access! 🌟 We share more than 20 strategies for building a solid sales foundation, and breaking free from the cycle of just surviving to achieving long-term growth and profitability. Don't miss out on these valuable insights to take your business to the next level!

Oct 28, 202128 min

Ep 80Ep. 80: Profit First Q&A: Cost of Goods Sold, Debt-Servicing, and Personal Finances

Profit First Nation is brought to you by HighLevel. Fans of the podcast can get an extended 30 Day Free Trial by visiting: https://www.gohighlevel.com/profitfirstnation To subscribe to the Build Your Dream Team secret podcast, just head over to this link: 5staremployeehiringsystem.com/build-your-dream-team-subscribe and fill out the form to gain exclusive access! 🌟 Whether you're just starting with Profit First or need help with implementation, we've got you covered. Tune in for valuable insights and remember, YOU’VE GOT THIS!

Oct 21, 202122 min

Ep 79Ep. 79: Maximizing Profitability through Probability and Efficient Action

Profit First Nation is brought to you by HighLevel. Fans of the podcast can get an extended 30 Day Free Trial by visiting: https://www.gohighlevel.com/profitfirstnation To subscribe to the Build Your Dream Team secret podcast, just head over to this link: 5staremployeehiringsystem.com/build-your-dream-team-subscribe and fill out the form to gain exclusive access! 🌟 In this episode, we explore the importance of probability in achieving long-term profitability in business. Our guest emphasizes the need to let a proven system work while spending brainpower on differentiation from competitors. We also discuss the significance of starting over and adjusting rules to fix past mistakes and focus on actions that will lead to future profitability. Tune in for valuable insights on maximizing profits and running a successful business.

Oct 14, 202126 min

Ep 78Ep. 78: The Secret to Maximizing Profitability: Understanding Your Return on Payroll

Profit First Nation is brought to you by HighLevel. Fans of the podcast can get an extended 30 Day Free Trial by visiting: https://www.gohighlevel.com/profitfirstnation To subscribe to the Build Your Dream Team secret podcast, just head over to this link: 5staremployeehiringsystem.com/build-your-dream-team-subscribe and fill out the form to gain exclusive access! 🌟 In this episode, we dive into the importance of understanding your "Return on Payroll" to achieve maximum profitability and growth in your business. Our guest emphasizes the need to define success with measurable numbers and to watch payroll expenses, especially as the business scales. We discuss the impact of hiring average employees versus 5-star employees and how it can significantly affect payroll costs. Tune in for valuable insights on how to maximize profitability and scale your business successfully.

Oct 7, 202123 min

Ep 77Ep. 77: Pumpkin Plan Your Way to Finding Your Business Sweet Spot

Profit First Nation is brought to you by HighLevel. Fans of the podcast can get an extended 30 Day Free Trial by visiting: https://www.gohighlevel.com/profitfirstnation To subscribe to the Build Your Dream Team secret podcast, just head over to this link: 5staremployeehiringsystem.com/build-your-dream-team-subscribe and fill out the form to gain exclusive access! 🌟 Tune in for valuable insights on how to operate your business in your sweet spot and achieve long-term success.

Sep 30, 202123 min

Ep 76Ep. 76: Protect Your Business from Embezzlement with These 5 Low-Tech Tips

Profit First Nation is brought to you by HighLevel. Fans of the podcast can get an extended 30 Day Free Trial by visiting: https://www.gohighlevel.com/profitfirstnation To subscribe to the Build Your Dream Team secret podcast, just head over to this link: 5staremployeehiringsystem.com/build-your-dream-team-subscribe and fill out the form to gain exclusive access! 🌟 In this episode, we are joined by Certified Profit First Professional and CPA, Denise Grove, as she shares a harrowing tale of how embezzlement by a receptionist led to a business owner facing foreclosure on their properties. Our guest emphasizes the importance of not abdicating accounting and bookkeeping tasks and shares five low-tech tips to thwart embezzlement, which happens in 30% of small businesses. We discuss the need for business owners to stay vigilant and take preventive measures to protect their business from financial fraud. Tune in for valuable insights on how to protect your business and avoid falling victim to embezzlement.

Sep 28, 202132 min

Ep 75Ep. 75: Demystifying Profit First Terminology with Billie Anne Grigg

Profit First Nation is brought to you by HighLevel. Fans of the podcast can get an extended 30 Day Free Trial by visiting: https://www.gohighlevel.com/profitfirstnation To subscribe to the Build Your Dream Team secret podcast, just head over to this link: 5staremployeehiringsystem.com/build-your-dream-team-subscribe and fill out the form to gain exclusive access! 🌟 In this episode, we are joined by Billie Anne Grigg as we discuss how to understand the jargon of Profit First, specifically in chapter 3 of the book. Our guest provides insights from both a traditional accounting/bookkeeping perspective and a Profit First cash management perspective to help readers overcome terminology hang-ups. We also reference a previous episode on cash management versus accounting for more in-depth subtopics. Tune in for valuable insights on how to navigate Profit First terminology and achieve financial success in your business.

Sep 16, 202124 min

Ep 74Ep. 74: Opt-In for Our Bootcamp and Learn How to Objectively Rate Your Employees

Profit First Nation is brought to you by HighLevel. Fans of the podcast can get an extended 30 Day Free Trial by visiting: https://www.gohighlevel.com/profitfirstnation To subscribe to the Build Your Dream Team secret podcast, just head over to this link: 5staremployeehiringsystem.com/build-your-dream-team-subscribe and fill out the form to gain exclusive access! 🌟 Our guests emphasize the importance of not settling for average or ho-hum employees and provide valuable insights into how to find and retain great talent.

Sep 9, 202122 min

Ep 73Ep. 73: Maximize Your Pricing for Profitability: The Link Between Pricing and Margin

Profit First Nation is brought to you by HighLevel. Fans of the podcast can get an extended 30 Day Free Trial by visiting: https://www.gohighlevel.com/profitfirstnation To subscribe to the Build Your Dream Team secret podcast, just head over to this link: 5staremployeehiringsystem.com/build-your-dream-team-subscribe and fill out the form to gain exclusive access! 🌟 In this episode, we explore the link between pricing and profitability in a business. Our guest emphasizes the importance of maximizing pricing to achieve a healthy margin, which is a critical factor in overall profitability. We discuss how premium service dictates premium pricing and the need to resist the temptation to serve everyone with your products or services. Instead, it is important to focus on ideal customers who value your premium service and are willing to pay for it. We also touch on the topic of resistance and balking on premium pricing, which can serve as a filter to identify your ideal customers. Tune in for valuable insights on how to set your pricing strategy to achieve maximum profitability.

Sep 2, 202127 min

Ep 72Ep. 72: When, Why & How to Work with a Consultant: Insights for Business Owners

Profit First Nation is brought to you by HighLevel. Fans of the podcast can get an extended 30 Day Free Trial by visiting: https://www.gohighlevel.com/profitfirstnation To subscribe to the Build Your Dream Team secret podcast, just head over to this link: 5staremployeehiringsystem.com/build-your-dream-team-subscribe and fill out the form to gain exclusive access! 🌟 Our guest discusses when, why, and how to work with a consultant of any kind and variety, emphasizing the importance of aligning with a consultant who has experience in your industry and a proven track record of success. We also touch on the common misconceptions about working with consultants and how to overcome them.

Aug 26, 202123 min

Ep 71Ep. 71: Fixing Your Profit Level: 22 Assessment Questions You Need to Ask

Profit First Nation is brought to you by HighLevel. Fans of the podcast can get an extended 30 Day Free Trial by visiting: https://www.gohighlevel.com/profitfirstnation To subscribe to the Build Your Dream Team secret podcast, just head over to this link: 5staremployeehiringsystem.com/build-your-dream-team-subscribe and fill out the form to gain exclusive access! 🌟 If you're looking to maximize your profits and take your business to the next level, this episode offers practical insights and guidance to help you assess and address the key areas impacting your profitability. Tune in to learn more and start fixing your Profit Level today!

Aug 19, 202125 min

Ep 70Ep. 70: Mastering Profit First: Your Burning Questions Answered

Profit First Nation is brought to you by HighLevel. Fans of the podcast can get an extended 30 Day Free Trial by visiting: https://www.gohighlevel.com/profitfirstnation To subscribe to the Build Your Dream Team secret podcast, just head over to this link: 5staremployeehiringsystem.com/build-your-dream-team-subscribe and fill out the form to gain exclusive access! 🌟 Join us as we peel back more layers of Profit First and provide greater clarity on its implementation.

Aug 12, 202127 min