In this solo episode, I finally break down the Profit First system—a concept I mention often but haven’t fully unpacked until now. Whether you’re brand new to Profit First or you’ve tried implementing it in your business, I walk you through exactly what it is, how it works, and why it’s been a game changer for me and so many of my clients.
I share the psychology behind the system, the key accounts to set up, tips for applying it in an Australian context (including GST and super), and how to get started even if things feel tight right now.
What you’ll learn in this episode:
- What Profit First is and where it came from
- How to set up your business with Profit First bank accounts
- Why understanding your financials is crucial—even if numbers scare you
- How to create sustainable rhythms with your money
- How the system adapts to your lifestyle and industry
- Real examples from my clients and my own business