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