The Entrepreneurship Elevated Podcast

Michael O’Neal, host of the The Solopreneur Hour Podcast, shares the different sources and outlets he used to generate money for his show. Michael dives into his implementation of Profit First in his business – and how he’s experienced an immediate, new realization about his profitability. He also asks some great questions on how to take his profitability to the next level. Welcome to Episode 83 of the Profit First Podcast!

Direct download: The_Profit_First_Podcast_-_Episode_83_-_Featuring_Michael_ONeal.mp3
Category:general -- posted at: 12:00pm EDT

Success coach Jen Sincero unexpectedly takes Kristina through a coaching session on her passion in opera singing, sharing tips like “it’s normal for humans to be afraid of change, but we need to live into our fear to start to grow, expand and live the life of a badass.” One of the most powerful questions Jen asks is “if there was a gun put to your head… if your life depended on it, would you do it?” We have to realize, that our life DOES depend on this decision – you just have to give yourself permission to do what your heart desires. Welcome to Episode 82 of the Profit First Podcast!

Direct download: The_Profit_First_Podcast_-_Episode_82_-_Featuring_Jen_Sincero.mp3
Category:general -- posted at: 12:00pm EDT

Today, Kathryn Kerby talks about profitability from the aspect of a farmer. If there’s one business that is difficult to make a profit, it’s farming. Kathryn’s farm was struggling to survive and hit rock bottom; when Kathryn found Profit First she implemented it immediately, and now her farm has quadrupled in revenue and slashed costs in the process. Discover how this 20-acre farm turned a financial calamity into a prospering business. Welcome to Episode 81 of the Profit First Podcast!

Direct download: The_Profit_First_Podcast_-_Episode_81_-_Featuring_Kathryn_Kerby.mp3
Category:general -- posted at: 12:00pm EDT

Jenny Blake explains that pivoting is about doubling down on what’s already working. At the end of the day regret only comes from not taking action… so have the courage to do it!

Direct download: The_Profit_First_Podcast_-_Episode_80_-_Featuring_Jenny_Blake.mp3
Category:general -- posted at: 12:00pm EDT

In our most powerful interview of all time, author of The Go-Giver, Bob Burg, joins Mike Michalowicz, Chris Curran and Kristina Bolduc on Episode 79 of the Profit First Podcast! The tremendous trio asks Bob the question “how can you be profitable by giving?” Bob shares a remarkable story of different ways that givers come out ahead. Bob provides techniques on the importance of humility and sharing. Kristina share’s a personal story of how her Grandmother defined a significant element of her life by giving an apple when it was the only thing she had to share.

Direct download: The_Profit_First_Podcast_-_Episode_79_-_Featuring_Bob_Burg.mp3
Category:general -- posted at: 12:00pm EDT

Nikki Begg ran a profit first analysis of Petals, her business in Bermuda,and finds that she is bleeding money – and now is at the precipice of a decision… does she sell the business, tank the business, or do something else? In this episode we discover there is yet ANOTHER option that Nikki didn’t think about. Mike Michalowicz walks her through an implementation of Profit First and facing the hard decisions you need to make when you run multiple businesses. 

Direct download: The_Profit_First_Podcast_-_Episode_78_-_Featuring_Nikki_Begg.mp3
Category:general -- posted at: 12:00pm EDT

Today, Keith shares his story of how he was trying to develop a business in hot air ballooning for years while working a full time job. While the business revenue grew, their profitability was never enough where they didn’t have to take on debt and were surviving check by check. The most challenging part for Keith was not making enough of an income to replace his full time job. Keith found and implemented Profit First – and the results are nothing short of magnificent. The most interesting part of Keith’s story is that as the business implemented Profit First it actually spawned faster growth than ever before [we’re noticing a consistent trend here]. When businesses take profit first they are forced to become more innovative and find better ways to do things more efficiently… and in many cases the revenue increases. Among the strategies that Keith used he discovered that he had great employees, but they weren’t doing the great things they should be doing, so he shifted them around. Keith also cut expenses that weren’t working for his business and amplified certain marketing methods that worked extremely well.

Direct download: The_Profit_First_Podcast_-_Episode_77_-_Featuring_Keith_Fear.mp3
Category:general -- posted at: 12:00pm EDT

In this episode we discuss the accounting basics that every entrepreneur needs to know. When you’re working with an Accountant, what questions should you be asking them? How often should you be meeting with them? Do you understand the different key financial statements and is your Accountant explaining them to you? How can you more towards forecasting and predicting how your business financials will be? Jody Padar and Mike Michalowicz give us the entire formula to making sure you get that right with your Accountant. Tune in!

Direct download: The_Profit_First_Podcast_-_Episode_76_-_Featuring_Jody_Padar.mp3
Category:general -- posted at: 12:00pm EDT

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