Profit Answer Man: Scaling with Profit First & Beyond

Profit First for Non Profits Michael Miro, the founder and principal operator of Shorepath Consulting, is a seasoned consultant with expertise in strategic planning, board development, and creative problem-solving. He has a passion for helping nonprofits, associations, and businesses tackle their challenges through innovative solutions. With a background in the nonprofit and local government sectors, as well as experience with startups and small businesses, Michael brings a diverse perspective to his work. He excels in building strong relationships with clients, actively listening, and providing strategic oversight to align with their visions. Michael's consulting engagements span various industries, and he holds a master's degree in the Social Sciences and a certificate in Nonprofit Management. Additionally, he serves as board president for two organizations and has contributed to local committees focused on housing and community development. In this episode, you will learn the following: Balancing Programmatic Work and Organizational Development. It is crucial for nonprofits to stay focused on their goals and resist the temptation of pursuing funding opportunities that don't align with their mission. Strategic Spending and Financial Reserves. It is important to consider the cost of fundraising and allocate funds appropriately. Building Relationships with Donors: Nonprofits should prioritize effectively communicating their accomplishments, ongoing work, and future vision to inspire donors. Investing and Taking Calculated Risks. Taking strategic risks can lead to remarkable achievements and advancements for nonprofits. Links: www.shorepathconsulting.com Twitter: @ShorepathGrp 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.

Communication Mastery: Unlocking a Profitable Business Larry Wilson, a renowned performer, writer, and recipient of the 2017 Comedy Magician of the Year award, joins us today to discuss the role of communication in business. Larry's career as a comedy magician showcased to him the magic and power of effective communication. He has taken his years of showbiz experience and harnessed it into a dynamic training system known as the Wilson Method - a technique that promises to make communication a lot easier and more effective for you. Larry is equipped with a unique perspective and an unconventional background that has made him a priceless source of wisdom to modern-day entrepreneurs. Larry, a highly accomplished entertainer, has received an Emmy nomination for his outstanding performances. In addition to being a producer and writer, he was honored as the 2017 Comedy Magician of the Year. Drawing from his experiences working alongside renowned and prosperous Hollywood stars, he has ingeniously distilled their communication techniques into an influential training system known as The Wilson Method. In this episode, you will learn the following: Realize the power of active listening to transform your communication game in business. Unwrap the potential of modern technology to create unique and compelling content that resonates with your audience. Understand the art of being resourceful in your business pursuits and see its positive implications on your profitability. Links: https://thewilsonmethod.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.

Building Legacy: The Art of Crafting a Profitable Family Business In this episode, we have Tom Hubler, a celebrated authority in the world of family businesses. Starting his professional journey as a family counselor, leveraged his insights to delve deeper into the world of organizational development. Tom Hubler is a highly experienced professional who has been addressing family-owned businesses in the US since 1980. Over the years, he has provided counseling to over 500 private family businesses and has inspired numerous family business leaders through his speaking engagements. As the owner of Hubler for Business Families, Tom has demonstrated a deep commitment to helping families of wealth and family-owned businesses thrive. He shares his insights and strategies for navigating the unique challenges faced by family businesses in his book, "The Soul of Family Business." In this episode, you will learn the following: Realize the importance of thorough planning in ensuring the sustainability of your family business. Master conflict management and effective communication essentials to bring harmony within your family enterprise. Find out how nurturing purpose and promoting individual paths can contribute to your family business's growth. Get a glimpse into how to thoughtfully integrate your children into the family enterprise, respecting their choices and providing adequate support. Identify the steps towards effective succession planning and ownership transfer in a family business landscape. Links For Tom Hubler: https://tomhubler.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, we had the pleasure of speaking with Steven Pemberton, the owner of Hollow Co, a virtual event services company. Steven shared with us his inspiring journey of how his business skyrocketed during the COVID-19 pandemic. Initially running an ecommerce business, he noticed a growing demand for virtual events and seized the opportunity to shift his focus. This episode dives into Steven's success story and how he capitalized on the need for infrastructure and support for virtual events. In this episode, you will learn the following: Analyzing Business Analytics: The significance of thoroughly analyzing business analytics, even the smallest numbers, to propel your business forward. Niche Down and Identify Ideal Clients: Understanding your target audience allows you to serve them at the highest level and optimize your marketing efforts accordingly. Addressing Client Pain Points: Rather than solely focusing on promoting the features and benefits of your product or service, it is crucial to address your clients' pain points. Targeted Advertising Platforms: Different advertising platforms can be effective for lead generation, depending on your ideal client. Connect with Steven Permberton: Linkedin: https://www.linkedin.com/in/steven-pemberton-a221a11b1 Website : https://www.stevenpemberton.com/ Website (Hollow Co.): https://www.hollowco.com/challenge-builders 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.

From Zero to $100 million with Gary Garth We have an incredible guest joining us today, Gary Garth, the founder and CEO of elev8.io, Great Dane Ventures and the Accelerator Platform IO. Gary is a sales and digital marketing expert, with a wealth of experience in helping startups go to market, scale, and become profitable. He emphasizes that even the greatest products can fail if they run out of cash. Gary believes that founders should be their own chief sales officers and prioritize sales to ensure the success of their businesses. He highlights the need to know who you're working with when hiring a marketing agency and the importance of clear communication and credentials. In this episode, you will learn the following: The importance of cash flow and sales in business success. Even the greatest products can fail if they run out of cash. The significance of strategic marketing and understanding your ideal customer profile. The need for businesses to have a strong understanding of their sales funnel and key metrics, such as conversion rates and return on investment. Encouraging entrepreneurs to seek expertise and support to navigate the complexities of scaling. Connect with Gary Garth: Gary Garth on Linkedin garygarth.com https://elev8.io/ The Zero to 100 Million Sales Blueprint Goals, Grit & Greatness™ Planner 🎉 Apply the coupon 'profitanswer' to get discounted the price from $30 to zero when you buy Gary Garth's book 🎉 https://garygarth.com/product/zero-to-100-million-sales-blueprint/ 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 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.