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200: Profit First Actually Works

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Jaren Barnes shares with us why he feels not just pouring all of your profit from your wholesales and flips isn't really the best idea. Find out why by listening this episode.

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Profit first!

Don’t just dump all profits back into the company. That’s the mistake I made for far too many years.

Jaren Barnes and I talked about his take on the book Profit First and how it is changing the way he is operating his business. We also went into detail about how he “held on” for too long which caused him to delay growing his company. I really enjoyed unpacking this with him because it went into the fears that many of us have when we try to push beyond our initial success.

What you’ll learn in this episode:

  • How Jaren derives motivation from his wife and her background
  • The biggest takeaway Jaren has gotten from the Profit First book and how it’s impacting his business
  • 2 strategies Jaren is now using to beat his competition for deals

You don’t want to miss this episode!

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Author of cult classics The Pumpkin Plan and The Toilet Paper Entrepreneur offers a simple, counterintuitive cash management solution that will help small businesses break out of the doom spiral and achieve instant profitability.

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This is my simple request: If you enjoy the podcast and look forward to hearing a lot more episodes, I would be very grateful, happy, beholden and otherwise indebted to you to rate and review the podcast on iTunes.

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