Jan 18, 2024
Have you ever thought about what it truly means to be profitable in business?
Join me and guest, Rocky Lalvani, a profit-first professional who is here to redefine the way you perceive profitability.
With an admiration for spreadsheets and a deep understanding of the power of money, Rocky introduces us to the concept of 'profit first', a strategy that flips the traditional business formula on its head.
Rocky paints a vivid picture of the need to prioritise profit in order to eliminate entrepreneurial poverty.
We're also bringing the 'profit first' concept into the world of property investing. The risks and rewards of this venture lie in your understanding of numbers and in your ability to manage them efficiently.
As we discuss the complexities of property investment, we emphasise the importance of a pessimistic approach when forecasting and purchasing properties.
Remember, it's not just about making money; it's about keeping it and growing it.
--------- EPISODE HIGHLIGHTS ---------
0:00:34 - Putting Profit First in Business
0:08:25 - Budgeting With Purpose
0:12:35 - Living Within Budget
0:16:16 - The Importance of Maintaining Property Assets
Link to Website: https://profitcomesfirst.com/
Link to Podcasts: https://profitanswerman.libsyn.com/
Link to Blogs: https://richersoul.com/
Connect with Vicki:
Watch the full episode on YouTube: https://youtu.be/fdCjk1lFetE
Booking calendar - https://calendly.com/vickiwusche
Access the free resources: https://vickiwusche.com/resources/
Has this podcast started you thinking about what A Wealthy Life might look and feel like for you?
Why not spend another 3 minutes and take my online audit called Readiness to Retire Wealthy based on the five principles discussed in The Wealthy Retirement Plan book and episodes of this podcast?
The assessment provides you with a personal score and report to help you take back control of your financial future – something business owners and employees both forget – but for different reasons.
Browse Books by Vicki:
Or read the following Ebooks on VickiWusche.com:
9 Critical Property Principles
The De-Job Yourself Manual: Break your reliance on a monthly wage
The Values Manual: Understand what your values are and how they can be key to a successful business
The Goal Setting Manual: Create meaningful and practical goals then achieve them