Profit Answer Man: Scaling with Profit First & Beyond

In today's episode, we had the opportunity to sit down with serial entrepreneur, Stephen Halasnik. With seven successful companies under his belt, Stephen has developed a knack for creating profitable businesses in his decades-long entrepreneurial journey. Two of his ventures have even skyrocketed to the prestigious Inc. 500 list of America's fastest-growing companies. His impeccable skills in lead generation and marketing. As small business owners navigate the complexities of finances and marketing, Stephen's wealth of knowledge proves to be a valuable resource for achieving increased revenue and informed decision-making.  In this episode, you will learn the following:   Gain valuable insights into the proven approaches that supercharge your business growth and success.  Appreciate the pivotal role of marketing in obtaining the elusive leads that enhance your bottom line.  Discern the importance of interpreting and scrutinizing essential business figures for cultivating progress.  Embrace the power of emphasizing your assets and letting go of constraints for optimized results.  Ascertain the key to cultivating synergistic alliances that amplify sales and marketing effectiveness.  Connect with Stephen Halasnik: fscreditline.com financingsolutionnow.com   Hi, I'm the Profit Answer Man Rocky Lalvani! I help small business owners simplify their financial reports to make more informed business decisions with fewer hassles. We utilize the Profit First system created by Mike Michalowicz Our Q&A call on the 2nd Thursday of the month at 1 pm Eastern: https://www.eventbrite.com/e/profit-first-monthly-qa-call-tickets-650137146707 Sign up to be notified when the next cohort of the Profit First Experience Course is available! Schedule your free, no-obligation intro call: https://bookme.name/rockyl/lite/intro-appointment-15-minutes Check out our website: http://profitcomesfirst.com/ Questions: questions@profitanswerman.com Email: rocky@profitcomesfirst.com Relay Bank (affiliate link) - https://relayfi.com/?referralcode=profitcomesfirst  Profit Answer Man Facebook group: https://www.facebook.com/groups/profitanswerman/ My podcast about living a richer more meaningful life: http://richersoul.com/ Profit First Toolkit: click here to sign up This episode is part of the SMB Podcast Network. Find other great interviews from around the internet just like this one at https://www.SMBPodcastNetwork.com Music provided by Junan from Junan Podcast Any financial advice is for educational purposes only and you should consult with an expert for your specific needs.  

In this episode of Profit Answer Man, we dive into the world of influencer marketing with our guest, Sarah Saffari. Sarah is an entrepreneur and business leader who runs a boutique marketing agency specializing in strategy, influencer marketing, brand partnerships, and content creation across channels. With her extensive experience working with diverse organizations, she helps businesses build cohesive marketing strategies to enhance their visibility and brand presence. Join us as Sarah shares valuable insights and strategies to leverage the power of influencer marketing for your business.  In this episode, you will learn the following: ●        Understanding the Power of Influencer Marketing: Sarah explains the fundamentals of influencer marketing and why it has become a game-changer for businesses in today's digital landscape. She discusses how influencer collaborations can help amplify brand reach, establish credibility, and drive conversions.   ●        Navigating the Influencer Landscape: With the abundance of influencers across various platforms, it can be overwhelming for businesses to choose the right ones to collaborate with. Sarah provides practical tips and strategies for identifying and vetting influencers, ensuring that their values align with your brand and target audience.   ●        Crafting Effective Influencer Campaigns: Building successful influencer campaigns requires careful planning and execution. Sarah shares her expert advice on designing compelling campaigns that resonate with the influencer's audience while aligning with your brand goals. She emphasizes the importance of authenticity, storytelling, and measuring campaign performance for optimal results.  Links: Website: www.suiteinnovators.com. Linkedin: https://www.linkedin.com/in/sarah-saffari-890360165/ Hi, I'm the Profit Answer Man Rocky Lalvani! I help small business owners simplify their financial reports to make more informed business decisions with fewer hassles. We utilize the Profit First system created by Mike Michalowicz Our Q&A call on the 2nd Thursday of the month at 1 pm Eastern: https://www.eventbrite.com/e/profit-first-monthly-qa-call-tickets-650137146707 Sign up to be notified when the next cohort of the Profit First Experience Course is available! Schedule your free, no-obligation intro call: https://bookme.name/rockyl/lite/intro-appointment-15-minutes Check out our website: http://profitcomesfirst.com/ Questions: questions@profitanswerman.com Email: rocky@profitcomesfirst.com Relay Bank (affiliate link) - https://relayfi.com/?referralcode=profitcomesfirst  Profit Answer Man Facebook group: https://www.facebook.com/groups/profitanswerman/ My podcast about living a richer more meaningful life: http://richersoul.com/ Profit First Toolkit: click here to sign up This episode is part of the SMB Podcast Network. Find other great interviews from around the internet just like this one at https://www.SMBPodcastNetwork.com Music provided by Junan from Junan Podcast Any financial advice is for educational purposes only and you should consult with an expert for your specific needs.

Profit First for Therapists with Juile Herres In today's episode, our guest Julie Herres, owner of GreenOak Accounting and author of Profit First for Therapists, discusses financial management and compensation models for therapy practices. She covers topics such as the challenges faced by mental health therapists in the insurance industry, the different compensation models commonly used in the therapy industry, and the emotional phases of Profit First. Julie provides valuable insights into tracking utilization rates and utilizing physical space efficiently to increase profitability and emphasizes the importance of having a non-judgmental space to talk about money and financial difficulties.  In this episode, you will learn the following: ●        The importance of having a financial benefit to the practice when offering a salary to clinicians. ●        The value of a judgment-free money conversation. Money is emotional, so talking to someone and getting advice is crucial. ●        Finding a system that works for your business and pushing through the emotional phases of financial management to achieve clarity and ultimately financial freedom.  Links: Website: www.greenoakaccounting.com Hi, I'm the Profit Answer Man Rocky Lalvani! I help small business owners simplify their financial reports to make more informed business decisions with fewer hassles. We utilize the Profit First system created by Mike Michalowicz Sign up to be notified when the next cohort of the Profit First Experience Course is available! Schedule your free, no-obligation intro call: https://bookme.name/rockyl/lite/intro-appointment-15-minutes Q&A call - on 2nd Thursday of every month at 1pm Eastern: https://www.eventbrite.com/e/profit-first-monthly-qa-call-tickets-650137146707 Check out our website: http://profitcomesfirst.com/ Questions: questions@profitanswerman.com Email: rocky@profitcomesfirst.com Profit Answer Man Facebook group: https://www.facebook.com/groups/profitanswerman/ My podcast about living a richer more meaningful life: http://richersoul.com/ Profit First Toolkit: click here to sign up This episode is part of the SMB Podcast Network. Find other great interviews from around the internet just like this one at https://www.SMBPodcastNetwork.com Music provided by Junan from Junan Podcast Any financial advice is for educational purposes only and you should consult with an expert for your specific needs.

In today's episode, I sat down with Mike Chastaine, a former criminal defense lawyer who turned his struggling law firm into a profitable business using the Profit First system. Chastaine shares how he learned about the system and how it helped him allocate funds to different accounts, including a payroll account, profit account, tax account, discovery account, operating account, and rainy day fund account. He emphasizes the importance of making daily transfers to these accounts and building systems and processes in a business. Chastaine now consults with small and solo law firms to help them become profitable. In this episode, you will learn the following: The significance of putting in place organizational structures and operational procedures in a company, notably legal practices. The benefits of being able to pick and choose clients and the importance of building a business that can run without the owner's constant presence. The importance of establishing and maintaining a reserve account for a company, particularly in preparation for unforeseen occurrences Bio: Mike is one of the top lawyers in the country. But he found that working 50+ hours a week wasn't enough to become financially stable. Without any systems he was constantly on the verge of going under. The stress of this lead to a divorce and the loss of his home. After applying the lessons he learned as an extreme endurance athlete and building the right systems his practice was named the best criminal defense firm in northern California and grew to $1.2 million dollars a year with just 3 lawyers working 20 hours a week.   Facebook:   https://www.facebook.com/mike.chastaine/   Linkedin:  https://www.linkedin.com/in/michael-chastaine-4683104/   Website: MikeChastaine.com   Hi, I'm the Profit Answer Man Rocky Lalvani! I help small business owners simplify their financial reports to make more informed business decisions with fewer hassles. We utilize the Profit First system created by Mike Michalowicz Sign up to be notified when the next cohort of the Profit First Experience Course is available! Schedule your free, no-obligation intro call: https://bookme.name/rockyl/lite/intro-appointment-15-minutes Check out our website: http://profitcomesfirst.com/ Questions: questions@profitanswerman.com Email: rocky@profitcomesfirst.com Profit Answer Man Facebook group: https://www.facebook.com/groups/profitanswerman/ My podcast about living a richer more meaningful life: http://richersoul.com/ Profit First Toolkit: click here to sign up This episode is part of the SMB Podcast Network. Find other great interviews from around the internet just like this one at https://www.SMBPodcastNetwork.com Music provided by Junan from Junan Podcast Any financial advice is for educational purposes only and you should consult with an expert for your specific needs.

Hi, I'm the Profit Answer Man Rocky Lalvani! I help small business owners simplify their financial reports to make more informed business decisions with fewer hassles. We utilize the Profit First system created by Mike Michalowicz Sign up to be notified when the next cohort of the Profit First Experience Course is available! Schedule your free, no-obligation intro call: https://bookme.name/rockyl/lite/intro-appointment-15-minutes Check out our website: http://profitcomesfirst.com/ Questions: questions@profitanswerman.com Email: rocky@profitcomesfirst.com Shownotes:  In this episode, we had the chance to speak with Jamie Royce, the CEO and founder of MindCloud, a company that specializes in software integration and automation for small and medium-sized businesses. Jamie shares his experience in software integration and how he started his business to help businesses connect their software and make their most important and mission-critical integrations easier. He shared the importance of having a profitable business and how software can help drive profit if used correctly. Jamie emphasizes the importance of integrating different software platforms to streamline and automate processes, which can help small and medium-sized businesses compete with larger enterprises.    In this episode, you will learn the following:   Integrating different software platforms can streamline and automate processes, helping small and medium-sized businesses compete with larger enterprises. The significance of showing appreciation for one's workforce and providing opportunities for members of that workforce to participate to the best of their abilities. Maintain a crystal-clear picture in your mind of the destination you seek to reach as well as the technological obstacles you must overcome. Pay attention to the numbers at the bottom, and be resourceful. https://mindcloudconnections.com/ mindcloud.co/free-consultation Profit Answer Man Facebook group: https://www.facebook.com/groups/profitanswerman/ My podcast about living a richer more meaningful life: http://richersoul.com/ Profit First Toolkit: click here to sign up This episode is part of the SMB Podcast Network. Find other great interviews from around the internet just like this one at https://www.SMBPodcastNetwork.com Music provided by Junan from Junan Podcast Any financial advice is for educational purposes only and you should consult with an expert for your specific needs.

Hi, I'm the Profit Answer Man Rocky Lalvani! I help small business owners simplify their financial reports to make more informed business decisions with fewer hassles. We utilize the Profit First system created by Mike Michalowicz Sign up to be notified when the next cohort of the Profit First Experience Course is available! Schedule your free, no-obligation intro call: https://bookme.name/rockyl/lite/intro-appointment-15-minutes Check out our website: http://profitcomesfirst.com/ Questions: questions@profitanswerman.com Email: rocky@profitcomesfirst.com In this podcast episode, financial experts Lauren Colson and Rocky Lavani discuss common financial mistakes made by business owners, including money leaks and inaccurate bookkeeping. They emphasize the importance of reviewing profit and loss statements, keeping track of software costs, and prioritizing business projects.    The conversation also touches on cash flow projections, understanding the balance sheet, and the need for a solid financial partner. Colson and Lavani provide tips and advice for managing finances effectively and improving profitability. They stress the importance of focusing on the bottom line and being resourceful rather than seeking more resources.   The Key Takeaways for this episode are: Business owners should regularly review profit and loss statements and keep track of expenses to avoid money leaks and inaccurate bookkeeping. It's important to prioritize projects and invest in those that will have the greatest impact on the bottom line, rather than spreading resources too thin. A solid financial partner, such as a bookkeeper or accountant, can provide valuable insights and guidance for managing finances effectively and improving profitability. Bio Lauren Colson is a number geek with people skills! As the owner of Colson Strategies, she runs a small but mighty team. Lauren finds passion in helping business owners make the best, most informed decisions through financial information. Lauren knows you're working hard to grow your business and as a financial expert, she doesn’t take that lightly. Lauren, along with her team, take the scary out of your finances so you can focus on what matters most. Her job is to empower entrepreneurs with the tools they need to make the best decisions in their businesses. Lauren is more than a business owner - she is a mother of two, a coffee lover, and a book-reading, beach-loving, mindset enthusiast. Links: https://www.colsonstrategies.com/ Profit Answer Man Facebook group: https://www.facebook.com/groups/profitanswerman/ My podcast about living a richer more meaningful life: http://richersoul.com/ Profit First Toolkit: click here to sign up This episode is part of the SMB Podcast Network. Find other great interviews from around the internet just like this one at https://www.SMBPodcastNetwork.com Music provided by Junan from Junan Podcast Any financial advice is for educational purposes only and you should consult with an expert for your specific needs.

Hi, I'm the Profit Answer Man Rocky Lalvani! I help small business owners simplify their financial reports to make more informed business decisions with fewer hassles. We utilize the Profit First system created by Mike Michalowicz Sign up to be notified when the next cohort of the Profit First Experience Course is available! Schedule your free, no-obligation intro call: https://bookme.name/rockyl/lite/intro-appointment-15-minutes Check out our website: http://profitcomesfirst.com/ Questions: questions@profitanswerman.com Email: rocky@profitcomesfirst.com In today's episode, we speak with serial entrepreneur and small business coaching consultant, Henry Lopez. With over 36 years of diverse business experience, including successful careers in information technology, sales, and business ownership, Henry has been involved in 12 different businesses since buying his first one in 1991.   Throughout his entrepreneurial journey, Henry has bought and sold businesses, developed new businesses, and even franchised his successful ventures. His businesses span various industries, including restaurants, real estate, software, travel, shared office space, co-working, car washing, small business coaching, and consulting.  In this episode, you will learn the following: ●     Challenges with Cash Flow and Profitability ●        The importance of having financial visibility and understanding gross margins ●        The significance of managing inventory and shifting sales strategies in response to economic changes ●        Understanding the financial health of a business   Links: Website: https://www.thehowofbusiness.com/ Profit Answer Man Facebook group: https://www.facebook.com/groups/profitanswerman/ My podcast about living a richer more meaningful life: http://richersoul.com/ Profit First Toolkit: click here to sign up This episode is part of the SMB Podcast Network. Find other great interviews from around the internet just like this one at https://www.SMBPodcastNetwork.com Music provided by Junan from Junan Podcast Any financial advice is for educational purposes only and you should consult with an expert for your specific needs.

Hi, I'm the Profit Answer Man Rocky Lalvani! I help small business owners simplify their financial reports to make more informed business decisions with fewer hassles. We utilize the Profit First system created by Mike Michalowicz Sign up to be notified when the next cohort of the Profit First Experience Course is available! Schedule your free, no-obligation intro call: https://bookme.name/rockyl/lite/intro-appointment-15-minutes Check out our website: http://profitcomesfirst.com/ Questions: questions@profitanswerman.com Email: rocky@profitcomesfirst.com Profitably Grow and Scale Your Business with Crista Grasso Are you looking to take your business to the next level, but worried about sacrificing profitability or burning out? In this podcast episode, Crista Grasso discusses how to scale your business in a sustainable and profitable way. Crista emphasizes the importance of being strategic when scaling a business and ensuring that the necessary supporting systems are in place. She advises against trying to scale everything at once and instead focusing on what will make the biggest impact.   Crista Grasso is the go-to strategic planning and systems expert for online businesses when they want to scale.  Known as the "Business Optimizer", Crista has the ability to quickly cut through noise and provide clarity on the core things that will make the biggest impact to scale a business simply and sustainably. She is the founder of the Lean Out Method, creator of the Lean Business Scaling System, and host of the Lean Out Your Business Podcast.  In this episode, you will learn the following: ●        Simplify and Build a Support Structure ●        Optimize What's Already Working ●        Identifies ten core areas of waste that hinder a business's ability to scale ●        Have a Clear Long-Term Vision    Links: Website: https://www.leanoutmethod.com Free Guide: https://www.leanoutmethod.com/waste Podcast: http://leanoutpodcast.com   Profit Answer Man Facebook group: https://www.facebook.com/groups/profitanswerman/ My podcast about living a richer more meaningful life: http://richersoul.com/ Profit First Toolkit: click here to sign up This episode is part of the SMB Podcast Network. Find other great interviews from around the internet just like this one at https://www.SMBPodcastNetwork.com Music provided by Junan from Junan Podcast Any financial advice is for educational purposes only and you should consult with an expert for your specific needs.

Hi, I'm the Profit Answer Man Rocky Lalvani! I help small business owners simplify their financial reports to make more informed business decisions with fewer hassles. We utilize the Profit First system created by Mike Michalowicz Sign up to be notified when the next cohort of the Profit First Experience Course is available! Schedule your free, no-obligation intro call: https://bookme.name/rockyl/lite/intro-appointment-15-minutes Check out our website: http://profitcomesfirst.com/ Questions: questions@profitanswerman.com Email: rocky@profitcomesfirst.com In this episode, you will learn the following: What are the implications of cash basis vs. accrual accounting? How can automating financial operations help elevate the role of the accounting and finance professional? What are the benefits of understanding and utilizing time tracker data? Bio: After growing up in Houston, Jesse Rubenfeld began his career in New York City at the Lime Group of companies doing the books for a variety of companies, gaining experience with non-profit, software industry, hedge fund, and management company accounting. After serving as LimeWire's CFO for his last four years there, he joined the D. E. Shaw Group as the controller of the research division that builds supercomputers to revolutionize drug discovery.   From the beginning, Jesse's interest in technology led him to automate financial operations, first with spreadsheets, then Perl, and most recently Python. He founded FinOptimal to help QuickBooks Online-based businesses streamline their financial operations, optimizing value-per-dollar with an outsourced accounting service heavily focused on automation.   Jesse has bachelor's degrees from UPENN and Wharton, and an MBA from Columbia, and he lives in Houston with his wife and three children.   Links: https://www.finoptimal.com/ Profit Answer Man Facebook group: https://www.facebook.com/groups/profitanswerman/ My podcast about living a richer more meaningful life: http://richersoul.com/ Profit First Toolkit: click here to sign up This episode is part of the SMB Podcast Network. Find other great interviews from around the internet just like this one at https://www.SMBPodcastNetwork.com Music provided by Junan from Junan Podcast Any financial advice is for educational purposes only and you should consult with an expert for your specific needs.

Hi, I'm the Profit Answer Man Rocky Lalvani! I help small business owners simplify their financial reports to make more informed business decisions with fewer hassles. We utilize the Profit First system created by Mike Michalowicz Sign up to be notified when the next cohort of the Profit First Experience Course is available! Schedule your free, no-obligation intro call: https://bookme.name/rockyl/lite/intro-appointment-15-minutes More about making profitability simple: http://profitcomesfirst.com/ Questions: questions@profitanswerman.com Email: rocky@profitcomesfirst.com Bio: Giuseppe Grammatico is a franchising advisor who has owned a number of Master Franchise licenses and has enjoyed a successful franchising career, guiding over 200 individuals through business ownership, many for the first time. In addition to 2 decades in franchising, he also has 20 years of sales, marketing, and management experience.   He has assisted over 1000 individuals and businesses with their investments and achieved over $1 billion in sales. Not everyone is motivated by money and fame, and Giuseppe knows this. He takes the overwhelming guess work out of the franchising process, listening and teaching along the way. Learning about his candidates specific goals for their business and lives aides in guiding them down their dream path. Those bold enough to take action on their own are the ones that realize the freedom boldness can deliver “Freedom Favors the Bold.”   Links:   https://ggthefranchiseguide.com/ The Real Estate, Wealth Builders Conference is in Phoenix, AZ, on May 4th-6th, 2023. I will be speaking at the conference along with over 35+ other real estate investor influencers teaching how to become a successful real estate investor. Get more info about this terrific community event bringing together hundreds of other investors here: http://www.rewbcon.com. Use the promo code rocky for 10% off Profit Answer Man Facebook group: https://www.facebook.com/groups/profitanswerman/ My podcast about living a richer more meaningful life: http://richersoul.com/ Profit First Toolkit: click here to sign up This episode is part of the SMB Podcast Network. Find other great interviews from around the internet just like this one at https://www.SMBPodcastNetwork.com Music provided by Junan from Junan Podcast Any financial advice is for educational purposes only and you should consult with an expert for your specific needs.