Wealth On Main Street

9. How to Create Profit First | WWBS Podcast


Listen Later

How to turn your business into a money-making machine.

It's difficult enough to run a business with money, let alone when you’re chasing after receivables

Cashflow is always the topic. Whatever business size you are, you need cashflow so you can take care of what you need to take care of and sometimes you’re waiting for cash to come in over long periods of time.

There are those obligations that are due, repeatedly and regularly without fail. Maybe you’re operating off some line of credit and it's been racking up and racking up and racking up. 

You're paying out for all these different things, be it materials, supplies, inventory, or equipment needs. You finally get this big influx of cash and you compress that line of credit down, only to find yourself starting the cycle over again. 

You seem to be getting bigger…

But you're still chasing that cash flow machine. 

That's what happens for a lot of businesses.

 ----more----

There's a way that we go about managing cash in the business. And we want to share with you our inspiration for how we created that and how that's been going.

Listen to find out how we've been doing it.

 

 

📌EPISODE LINKS:
Profit First: Transform Your Business from a Cash-Eating Monster to a Money-Making Machine: https://amzn.to/38ygCXM
Reach out to our team if you have any questions: http://bit.ly/37VIa8q
 
🎙️ WEALTH WITHOUT BAY STREET LINKS 
Podcast Website: http://wealthwithoutbaystreet.com/
Follow us on Facebook: https://www.facebook.com/wealthwithoutbaystreet/  
Subscribe to our Youtube Channel: https://wealthwithoutbaystreet.com/youtube  
Book a 15 minute call: https://wealthwithoutbaystreet.com/BookACall 
To Access our Covid 19 Q&A session with special guests please click here: https://wealthwithoutbaystreet.com/Covid  
 
 
🤝 Join Our Community! https://wealthwithoutbaystreet.com/community
 
💻 Sign up for the MasterClass TODAY! https://wealthwithoutbaystreet.com/masterclass
 
 
 
📚 IBC RESOURCES
Becoming Your Own Banker by R. Nelson Nash Book: https://wealthwithoutbaystreet.com/byobbook 
The Case for IBC by Robert Murphy, Carlos Lara & R. Nelson Nash: https://wealthwithoutbaystreet.com/CaseForIBC 
The And Asset by Caleb Guilliams: 
https://wealthwithoutbaystreet.com/AndAsset
 
📽️ WATCH THE DOCUMENTARY
Documentary Film This is Nelson Nash: https://wealthwithoutbaystreet.com/nelsonfilm
 

 💸 Financial Advisor? Learn about the Infinite Banking Concept here: Nelson Nash Institute Practitioner Program: https://infinitebanking.org/practitioners-program/ref/6/

EVA - Economic Value Add The Real Key To Creating Wealth Article: https://infinitebanking.org/the-real-key-to-creating-wealth/ref/6/

...more
View all episodesView all episodes
Download on the App Store

Wealth On Main StreetBy Richard Canfield & Jayson Lowe

  • 5
  • 5
  • 5
  • 5
  • 5

5

10 ratings


More shows like Wealth On Main Street

View all
Creating Wealth Real Estate Investing with Jason Hartman by Jason Hartman

Creating Wealth Real Estate Investing with Jason Hartman

539 Listeners

The WealthAbility Show with Tom Wheelwright, CPA by The Rich Dad Media Network

The WealthAbility Show with Tom Wheelwright, CPA

517 Listeners

Banking With Life Podcast by James Neathery

Banking With Life Podcast

77 Listeners

Shaun Newman Podcast by Shaun Newman

Shaun Newman Podcast

43 Listeners

The Infinite Wealth Podcast by Infinite Wealth Consultants

The Infinite Wealth Podcast

53 Listeners

Rebel Capitalist News by George Gammon

Rebel Capitalist News

1,031 Listeners

The Canadian Investor by Braden Dennis & Simon Belanger

The Canadian Investor

82 Listeners

The Lifestyle Investor - Investing, Passive Income, Wealth by Justin Donald

The Lifestyle Investor - Investing, Passive Income, Wealth

288 Listeners

Wealth Warehouse by The IBC Guys via Podcast Principles

Wealth Warehouse

118 Listeners

Control and Compound with Darren Mitchell by Control and Compound Financial | BNV Media

Control and Compound with Darren Mitchell

1 Listeners

The Canadian Real Estate Investor by Daniel Foch & Nick Hill

The Canadian Real Estate Investor

31 Listeners

Infinite Banking Mastery by Valerie LaRoque

Infinite Banking Mastery

21 Listeners

The Ultimate Human with Gary Brecka by Gary Brecka

The Ultimate Human with Gary Brecka

3,104 Listeners

Cashflow Legendz by Nate, Brandon and Brock

Cashflow Legendz

15 Listeners

Infinite Banking Initiative by Leigh Barganier

Infinite Banking Initiative

8 Listeners