Sign up to save your podcasts
Or
Share How to Put Profit First
Share to email
Share to Facebook
Share to X
Share to email
Share to Facebook
Share to X
Or
How to Put Profit First
Rocky Lalvani - Profit Comes First
Most of us are in business for the same reasons, we want more money, more time and to enjoy our work more. But often we end up with less money, spend more time working and blindly hope things will get better soon. But it doesn't have to be that way.
You see, money is a tool. Like any tool, the more you know how to use it, the better it will serve you.
Rocky Lalvani is a financial expert that helps business owners and bussing entrepreneurs learn how to put profit first in their business. This is the way to make sure you actually make some cash in your business.
Listen as Rocky explains the Profit First system and details some thoughts on money that will be the paradigm shift you may need to get your money to work for you, instead of the other way around.
Enjoy!
Visit Rocky at: https://profitcomesfirst.com/
Podcast Overview:
[00:04:45] Building wealth, teaching financial literacy, Profit First.
[00:11:41] Business math equation, profit comes first.
[00:16:13] Allocate profit, pay self last, prevent overspending.
[00:21:12] "Multiple bank accounts prevent self-theft."
[00:26:21] Portion control and frugality lead to profit.
[00:33:33] Money mindset shapes our financial success.
[00:38:39] Taking out a loan to buy truck.
[00:43:35] Businesses often overlook hidden expenses.
[00:50:11] "Save before spending, learn to negotiate"
[00:56:03] Money buys freedom, not happiness.
[01:00:54] Podcast promotes business and profitability.
James [00:00:02]:
You have found authentic business adventures, the business program that brings you the struggle stories and training successes to business owners across the land. Downloadable audio episodes can be found in the podcast link found at drawincustomers.com. We are locally underwritten by the Bank of Sun Prairie. Today, we're welcoming slash preparing to learn from Rocky Lovanni, owner of Profit Comes First. And I gotta say, I'm excited with Rocky on the show because when he reached out to me and mentioned this book, Profit First, I'm like, that is an incredible book. So Rocky, how are you doing today? I am doing awesome. Thank you so much for having me on. I'm excited to have you on just to talk about more of what you have going on specifically in regards to this Profit First and all that jazz. Cause I guess in the world of business, when you're an entrepreneur, the goal, or at least 1 of the goals, is to have a little cash to be able to afford to do some fun things and to pay for your mistakes, I suppose, is a little part of that as well.
Rocky [00:01:01]:
Absolutely. That's a big part of it. And honestly, I'm shocked at how many business owners don't look at their financials. Oh my gosh.
James [00:01:10]:
Yeah. I was just talking with my accountant the other day, tax time. And I said, I like to think that my stuff is pretty organized, but it probably be a little bit more organized. But many, if not most of the other business owners that I've met and chatted with, coached, that are, I would say, sub 10 to 20 employees, they're shoe boxes of paperwork. They don't even know what's going on. So I only, I just wonder like, if the IRS comes and says you're audited, I feel like for some people, they're gonna be like, good, you figured it out. Cause I have no idea what's going on. I don't think that's how it works. OK,
Rocky [00:01:50]:
I think the IRS is going to say bring us to us in an organized fashion and get us all this stuff. And if you can't, we're just going to tax you. All right. All right.
View all episodes
By Draw In Customers Business Coach James Kademan
5
44 ratings
Rocky Lalvani - Profit Comes First
Most of us are in business for the same reasons, we want more money, more time and to enjoy our work more. But often we end up with less money, spend more time working and blindly hope things will get better soon. But it doesn't have to be that way.
You see, money is a tool. Like any tool, the more you know how to use it, the better it will serve you.
Rocky Lalvani is a financial expert that helps business owners and bussing entrepreneurs learn how to put profit first in their business. This is the way to make sure you actually make some cash in your business.
Listen as Rocky explains the Profit First system and details some thoughts on money that will be the paradigm shift you may need to get your money to work for you, instead of the other way around.
Enjoy!
Visit Rocky at: https://profitcomesfirst.com/
Podcast Overview:
[00:04:45] Building wealth, teaching financial literacy, Profit First.
[00:11:41] Business math equation, profit comes first.
[00:16:13] Allocate profit, pay self last, prevent overspending.
[00:21:12] "Multiple bank accounts prevent self-theft."
[00:26:21] Portion control and frugality lead to profit.
[00:33:33] Money mindset shapes our financial success.
[00:38:39] Taking out a loan to buy truck.
[00:43:35] Businesses often overlook hidden expenses.
[00:50:11] "Save before spending, learn to negotiate"
[00:56:03] Money buys freedom, not happiness.
[01:00:54] Podcast promotes business and profitability.
James [00:00:02]:
You have found authentic business adventures, the business program that brings you the struggle stories and training successes to business owners across the land. Downloadable audio episodes can be found in the podcast link found at drawincustomers.com. We are locally underwritten by the Bank of Sun Prairie. Today, we're welcoming slash preparing to learn from Rocky Lovanni, owner of Profit Comes First. And I gotta say, I'm excited with Rocky on the show because when he reached out to me and mentioned this book, Profit First, I'm like, that is an incredible book. So Rocky, how are you doing today? I am doing awesome. Thank you so much for having me on. I'm excited to have you on just to talk about more of what you have going on specifically in regards to this Profit First and all that jazz. Cause I guess in the world of business, when you're an entrepreneur, the goal, or at least 1 of the goals, is to have a little cash to be able to afford to do some fun things and to pay for your mistakes, I suppose, is a little part of that as well.
Rocky [00:01:01]:
Absolutely. That's a big part of it. And honestly, I'm shocked at how many business owners don't look at their financials. Oh my gosh.
James [00:01:10]:
Yeah. I was just talking with my accountant the other day, tax time. And I said, I like to think that my stuff is pretty organized, but it probably be a little bit more organized. But many, if not most of the other business owners that I've met and chatted with, coached, that are, I would say, sub 10 to 20 employees, they're shoe boxes of paperwork. They don't even know what's going on. So I only, I just wonder like, if the IRS comes and says you're audited, I feel like for some people, they're gonna be like, good, you figured it out. Cause I have no idea what's going on. I don't think that's how it works. OK,
Rocky [00:01:50]:
I think the IRS is going to say bring us to us in an organized fashion and get us all this stuff. And if you can't, we're just going to tax you. All right. All right.