The Entrepreneurship Elevated Podcast

Melinda McCaw, founder of Melinda McCaw Media navigates how to manage a scenario where your company is dependent on one major client (and what to do about it). We explore a simple strategy of knowing when to make that next hire, give some simple tips around profitability, and  share perspective on revenue per employee. Obi Ron Kenobi (Ron Saharyan) makes a special guest appearance and provides Melinda with great advice on how to reduce the pains of  significant cash ebbs and flows.

Direct download: The_Profit_First_Podcast_-_Episode_69_-_Featuring_Melinda_McCaw.mp3
Category:general -- posted at: 12:00pm EST

This week we had the privilege of interviewing Jonathan Royce, founder of Hustling Hoagies – a brand new business that delivers hoagies to Univ. of Michigan football games and other local events. Join Mike Michalowicz and Chris Curran for a journey with Jonathan as we discuss where he’s making money and where he’s not, as well as the concept of imminent need. We explore where Jonathan has spent money which was of no value, and the technique of using Profit First to pre-allocate money toward profitability AND his own pay to determine how much money is truly available to infuse money back into his business. Welcome to Episode 68 of the Profit First Podcast!

Direct download: The_Profit_First_Podcast_-_Episode_68_-_Featuring_Jonathan_Royce.mp3
Category:general -- posted at: 12:00pm EST

This week Mike Michalowicz, Chris Curran and Kristina Bolduc welcome guest Robin Robins who took her business from $0 in 2003 to $10 million in revenue in 2015. This episode is chock-full of insights including why niche specialization helps grow your business (even if your niche industry collapses), the “enough is enough” stage, how to have a personal cash reserve and a business reserve, and how to diagnose the different products offerings you have and determine individual profitability for each one. Welcome to Episode 67 of the Profit First Podcast!

Direct download: The_Profit_First_Podcast_-_Episode_67_-_Featuring_Robin_Robins.mp3
Category:general -- posted at: 12:00pm EST

Erica Wernick, founder of LA Bound: a business that helps aspiring TV and Movie Actors/Actresses/Experts achieve their goals in Los Angeles. In this episode we learn what a new membership organization is like. We discover the essence of Parkinson’s Law: that every penny made is also spent. We guide Erica through her first step toward Profit First in setting up different allocation accounts, including running a basic profit assessment. In this episode we also explain cost vs. investment.

Direct download: The_Profit_First_Podcast_-_Episode_66_-_Featuring_Erica_Wernick.mp3
Category:general -- posted at: 12:00pm EST

Bryn Davis joins Mike Michalowicz and Chris Curran to share his inspiring story of how his passion for healthy eating exploded into a booming business.