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Why You're Profitable But Still Broke

Foundation Accounting & Consulting

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Why You're Profitable But Still Broke

141 просмотр · 3 мес. назад
Foundation Accounting & Consulting
43 подписчика
141 просмотр · 3 мес. назад
⁠https://www.foundationacs.com⁠ In this episode, I share a real text message from one of my coaching clients who was profitable on paper but only days away from running out of money. We break down exactly what was causing the problem, why paying bills too quickly can actually hurt your business, and the simple process that completely turned their cash flow around in just a few weeks. If you've ever had to put your own money back into your business or wondered why your bank account doesn't match your profit and loss statement, this episode is for you. 00:00 Welcome back & surgery update 01:58 The three phases of building a profitable business 04:21 A client's desperate text message 06:17 The cash flow mistake they were making 07:26 The "Pay When You're Paid" principle 08:39 How everything changed in just three weeks 10:24 The importance of paying yourself first 12:24 The airplane oxygen mask lesson 13:23 Final encouragement