Welcome to the inaugural episode of Money First, CEO, the podcast designed for business owners ready to master their finances. I’m your host, Harman Johnston, a seasoned bookkeeper, profit-first professional, and business coach from Sydney, Australia. In this episode, I take you through my personal journey, which began in 2019 with young children at home and a desire to support my family financially. I ventured into bookkeeping without prior experience in specific software, driven by past suggestions from a former boss.
Despite my skills and passion, I initially operated without a clear financial system, leading to stress and financial uncertainty. My turning point came when I discovered Mike Mitz’s book, ‘Profit First,’ which provided a strategic roadmap for better cash flow management. By changing how I allocated money—paying myself, setting aside tax, and creating a financial buffer—I transformed my business operations and personal life, achieving a balance between work and family time.
In this podcast, you’ll learn from my experiences and gain insights into actionable steps to better manage your finances. I emphasize the importance of financial clarity and offer a simple task to help you start: review the last 30 days of your business bank account to track your spending and payments to yourself. By doing so, you’ll begin to see where your money goes, helping you shift your financial management towards more effective practices.
Join me on this journey, and get ready to unlock new levels of clarity, confidence, and financial success in your business. Hit subscribe, leave a five-star review, and share this podcast to empower other business owners on their financial journey.