Get ready y’all - in this episode, I’m sharing an insider's look into how I run my multi-six figure business and some of the highs and lows I experienced last year. In 2022, my business came so far and we had a lot of wins, but it certainly wasn’t all sunshine and rainbows. Tune in as I share my biggest wins of the year, plus my biggest fails - including things that most business owners don’t talk about, like how I lost out on five figures in cash flow - to help you celebrate your own wins, learn from mistakes, and determine your best path forward for 2023.
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Links mentioned:
Episode 45: 11 CFO Tips for a Smooth Year-End & Tax Season
Episode 41: The Best ROI You Can Get is Investing in YOU
Episode 42: The Young + Co Origin Story and 4 Mistakes I Made Along the Way
In this episode, you’ll learn:
0:00 Introduction
04:01 My 2022 numbers including $455k in revenue
07:05 High #1 My dream for a lake house
08:40 High #2 My husband left his corporate job
10:40 High #3 Focusing on building better health habits
14:50 High #4 Launching this podcast
16:42 Low #1 Delayed hiring tax help
21:00 Low #2 Too bogged down in busy work to do marketing and lost $50k+ in sales
24:00 Low #3 Spent 5 figures on investments that did NOT help my business
28:32 My 2023 goal
I’m Sarah Young - a CPA, Virtual CFO, and the Owner of Young + Co! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, and I started the Profit + Prosper podcast to help you do the same. Profit + Prosper is a business finance podcast created to help entrepreneurs build their wealth in a way that’s fun and empowering. This is NOT a boring numbers podcast - I will share tactical tips to increase your profit so you can truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
Instagram - https://www.instagram.com/itssarahyoung/
Facebook - https://www.facebook.com/youngcocfo
YouTube - https://www.youtube.com/channel/UCO4wwwPKmuvCFh5NvVuwvnQ
Website - https://www.trustyoungco.com/