Profit Answer Man: Implementing the Profit First System‪!‬ Rocky Lalvani

The Keys to a Headache-Free, High-Profit Team with Dave Pennington
Dave Pennington, PhD is the Founder & CEO Penn Coaching & Consulting. He helps business owners and leaders in strategically scaling up their companies to hire, onboard, develop, and retain highly productive employees. Dave spent the last 35+ years managing and leading organizations. He has served on national & international boards. He has built strong teams, developed his personal leadership, managed financials, and developed and sustained visionary leadership.
Dave is passionate about developing leaders!  He knows what it takes to build and scale a business.  He brings his 35+ years of management experience to the table, leans into his clients’ challenges, and comes alongside to help them navigate the waters of business growth. 
In this episode, you will learn the following:
The need for strategic team-building within budget constraints. The transformative impact of aligning team members with roles that match their strengths and passions How hiring based on cultural fit can contribute to a harmonious work environment Helping employees understand the connection between their contributions and the company's financial health Strategies for owners to step back from hands-on work and focus on empowering their employees through effective delegation Links:
dave@penncoaching.com
https://penncoaching.com/productive-employee-system-checklist
 
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

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.

#profitfirst

Increase the Bottom Line with Byron Wolfe
Byron's gift for translating the complexities of business financial principles with a focus on small businesses into easily understood communication has made him one of the most highly sought financial and business consultants. He is the Founder of CFO•AF, a financial services and business consulting firm specializing in industries ranging from construction to crypto. Byron is Chief Financial Officer for an INC 5000 company and is the fractional CFO of various companies with annual revenues from 3-25 Million. His certification in the Crypto, NFT, and the Metaverse space has led to many projects with DAOs and crypto companies and he is considered one of the first experts in crypto tax strategy. 
Byron’s true passion lies in helping small business owners expand their financial reach and success through various tools like the R&D tax credits, proactive tax plans, creative funding and high contact financial management.
In this episode, you will learn the following:
Critical importance of prioritizing profit over revenue in your business. How implementing proper systems, processes and delegation can prevent burnout and maintain your passion for work. Strategies for maximizing profit through incremental changes, such as raising prices and cutting costs. The significance of understanding Key Performance Indicators (KPIs) to make impactful financial changes. Dangers of the disconnect between business owners and the financial language used by CPAs. How to navigate the pitfalls of making business decisions based solely on profitability without considering cash flow.  Strategies for aligning business growth with cash availability to prevent jeopardizing financial stability. True cost of business contracts and the importance of understanding their financial implications.  Links:
Website:  https://www.cfoaf.com/ 
Social Media:
Facebook - https://www.facebook.com/cfoaf
Instagram - https://www.instagram.com/the_cfoaf/
LinkedIn - https://www.linkedin.com/in/byron-a-wolfe-cpa/
 
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

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.

#profitfirst

Profit First in Real Estate with Mathew Pezon
Mathew Pezon is a former chemical engineer and Fulbright Scholar who left the corporate world to become a full-time real estate investor after nine years of side hustling. He is the owner of Pezon Properties, a team of local Pennsylvania buy-and-hold experts who purchase and improve rental properties in the Lehigh Valley, PA. He is eager to share how to find, finance, and reposition deals in a competitive but shifting market.
In this episode, you will learn the following:
  Importance of implementing processes, procedures, and continuous education in a business environment to ensure success and employee support. Strategies for choosing the right investments, managing cash flow challenges, and identifying profitable opportunities in the real estate market. The benefits of mentorship and the application of the 80/20 rule in business to maximize success and focus on the most profitable aspects.  How to create an effective employee onboarding process, including the use of a predictive index for role profiling and structured onboarding plans.  Advantages of utilizing remote assistance and artificial intelligence to streamline business operations and maintain focus on critical tasks.  Diversification strategies for creating multiple income streams in real estate and the significance of making profits at the purchase stage. Links:
https://www.pezonproperties.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

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.

#profitfirst
 

Skyrocket Your Productivity with Amber De La Garza
Amber De La Garza is The Productivity Specialist! Amber has more than a decade of experience helping small business owners maximize profits, reduce stress, and make time for what matters most by improving their time management and elevating their productivity! Amber is a sought-after coach, trainer, speaker, writer, host of the Productivity Straight Talk Podcast and creator of Leverage Lab®. Amber shares her message on her weekly podcast and as Straight Talks both virtually and in-person across the country for audiences that range from small business owners and associations to multinational corporations. 
In this episode, you will learn the following:
●      Benefits of implementing the Profit First system in a business
●      Importance of time management and productivity in running a successful business
●      Principles of Profit First and Parkinson's Law
●      Strategies for maximizing productivity and efficiency
●      Challenges of self-sabotage, distractions, and interruptions
●      Leveraging resources and systems for improved productivity and profitability
 
Links: 
FREE Take Back  Your Time Mini Training | www.AmberDeLaGarza.com/TakeBackYourTime
Website | www.AmberDeLaGarza.com
Podcast | www.ProductivityStraightTalkPodcast.com
Facebook Page | https://www.facebook.com/theproductivityspecialist
Instagram | https://www.instagram.com/amber_delagarza/
 
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

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.

#profitfirst

How to Be A Profit Pro with Jason Petro / Chris White
Tune in for a powerful dialogue on the intersection of the Entrepreneurial Operating System (EOS) and effective financial oversight in this episode of Profit Answer Man with Chris White & Jason Petro. Chris is a 7X entrepreneur with over 15 years as a business coach. He co-founded Ninety.io, software for companies running on EOS, Ascend POS for Trek Bicycle Company, System & Soul business framework, and S2 Sync software. Jason is a three-time entrepreneur with over two decades in the engineering design industry. His expertise in product development has led to the founding of various tech ventures, including Up-Rev, an engineering services firm, and Profit Pro, a SaaS company designed for Profit First System users. Beyond his passion for founding tech start-up companies, Jason is also a certified Profit First Professional Business Coach committed to transforming profitability into a habit for fellow small business owners.
In this episode, you will learn the following:
The 'paradox of expertise' and how it can lead to overcomplicating financial management. How Profit Pro aids entrepreneurs in understanding and managing their finances. Synergy between financial management tools and personal development for business owners. The common financial hurdles for small business owners. Psychological barriers that prevent business owners from embracing streamlined financial methods. Links:
https://profitpro.app/
 
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

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.

#profitfirst

Improving Cash Flow and Borrowing More with Karl Baker
W. Karl Baker, CPA, has spent 30+ years serving a variety of businesses. Karl has performed a wide array of services, including commercial loan advisory services, loan preparation and positioning services, interim CFO and controller services, business office process improvements, revenue stream analysis and improvement initiatives, merger & acquisition analysis and valuations, due diligence, strategic planning, financing assistance, market demand assessments, financial feasibility studies, tax planning, and financial statement audits.
He is a real estate investor and also owns 2 companies: an accounting consulting firm Baker CFO Advisory, LLC – www.BakerCFOadvisory.com and Infinity Commercial Capital - www.InfinityCommCapital.com. 
He is a licensed Certified Public Accountant in Missouri and Massachusetts.
In this episode, you will learn the following:
●      The necessity for small businesses to approach lenders from a position of strength rather than desperation.
●      Operational aspects of business such as scheduling strategies, managing resources, and using KPIs and dashboards for smarter financial decisions.
●      The need for understanding and utilizing business data effectively.
●      The Four C’s that can impact a loan application: credit, capacity, collateral, and character. 
●      Alternative lending options are explored for non-traditional situations and proper bookkeeping for securing bank credit.
Links:
www.InfinityCommCapital.com
www.BakerCFOadvisory.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

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.

#profitfirst