I AM SUCH AN IDIOT
I was crying and shaking my head at myself, saying ‘’I’m such an idiot.’’
How did I get it so wrong?
6 months ago I found myself on the ‘bones of my ass’.
There was no money.
How was I going to pay myself? How was I going to pay the mortgage?
My business was haemorrhaging money from every orpheus.
While on the surface I’d say ‘’business I great’’ but the business underneath was more of a monster. A cash eating one.
I felt like a failure.
A loser. A bit one.
Me and hottie boyfriend were spitballing the idea of going back to getting jobs. While the idea left vomit in my mouth, I couldn’t figure out another way to get us out of this mess.
A mastermind friend suggested the book ‘’Profit First’’ and I went straight to the library and grabbed it.
One of the first tools of the book is the Instant Assessment. With pen and paper in a couple of minutes, I quickly gauged the real financial health of my business.
I started crying and mumbling, ‘’I am such an idiot.’’
We all know the old accounting system of Sales – Expenses = Profit, right?
Sell stuff, pay bills and whatever is left over was the icing on the cake, the profit. Except there was never anything left over.
It didn’t make sense.
The book described it well… while it made mathematical sense it didn’t make human sense. And certainly didn’t work in reality.
Not in my world. Not in my business.
Profit First – the book an the system is about TAKING PROFIT FIRST.
From the very next deposit, payment, income. From day one making profit in a business (yes, you read that right, from DAY 1.)
Looking back on that day. Crying. Blubbing. Calling myself an idiot. Well, that was my enough-is-enough moment.
Sometimes we need to hit rock bottom to make a change.
That was my rock bottom.
The thought and the conversation about going back to a soul-sucking job, being told what to do by a boss. That is rock bottom. (Let alone I don’t think I’m employable – I have wayyyyy too many opinions!)
The Profit First system saved me and my business.
Now I run my business on less than 18% operating expenses. And it is profitable. Every single month.
PROFIT FIRST SYSTEM:
• How I have less than 18% operating expenses
• How to cut expenses easily & pain-free (with template)
• How to increase revenue
• How to keep money, control it and grow it
Inside Blog Business School is the training module – Profit First System (How to have a profitable business in 60 days or less!)
I share behind-the-scenes of how it takes me less than 10 minutes every 2 weeks to have a profitable business. Full stop.
$6,000 Business Prize Pack
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P.S. Does this sound familiar? Stealing from Peter to pay Paul, hoping for a miracle.
Without understanding profitability, your business is a house of cards. Yep, it is going to tumble. We have all use the words ‘’I’m reinvesting back in my business to grow’’ (myself included). With the goal of making money ‘’one day’’.
Why not today?
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