In this episode of Grow Money Business, we are joined by Rocky Lalvani. Rocky is a chief profitability advisor and currently works in his business consulting practice following the principles written in the book ‘Profit First: Transform Your Business from a Cash-Eating Monster to a Money-Making Machine’ by Mike Michalowicz. Rocky has access to profit specialists worldwide, is certified in the Profit First method, and has firsthand experience boosting revenue for multiple companies. In this conversation, we talk about small business cash management, managing cash flow and profitability, understanding your business finances, common mistakes business owners make, and more.
Show Notes
[05:00] Profit comes first – Rocky starts the conversation by sharing the birth story of Profit First.
[12:00] Helping people – Rocky explains the process of helping people with Profit First.
[20:00] Rocky’s story – Rocky shares how he got into the industry.
[30:00] Mistakes – Grant and Rocky discuss some common mistakes business owners make.
[37:18] Guidance – Grant and Rocky discuss the importance of professional guidance.
Resources Profit First:
Transform Your Business from a Cash-Eating Monster to a Money-Making Machine By Mike Michalowicz amazon.com/Profit-First-Transform-Cash-Eating-Money-Making/dp/073521414X