Interviews with CEOs and Entrepreneurs about the frameworks they are using to build and scale their businesses.
Episodes
Sunday Apr 11, 2021
Sunday Apr 11, 2021
Rocky Lalvani coaches businesses to leverage Mike Michalowicz’s Profit First System. We discuss the Profit First strategy, dissect what a healthy business looks like and contrast good and bad money behaviors.
Timestamps
[01:22] Rocky’s entrepreneurial journey
[04:40] Differentiating good and bad money behavior
[07:28] Rocky’s passion for coaching business owners on money management
[09:24] Analyzing the Profit First management blueprint
[12:45] How small businesses can adopt the Profit First strategy
[14:50] How to strategically grow your business
[17:54] The downside to impulse buying
[19:11] How to set up your business to be a Profit First business
[23:35] The pros and cons of business credit
[26:30] The link between discipline and the Profit First System
[27:30] What is a Healthy Business?
[28:40] How Rocky implements the Profit First model
[31:14] Explaining the advanced Profit First technique
[32:22] Why business owners need to pay more attention to the finance aspect of the business
[37:04] Rocky’s role in growing a business
Links and References
Mike Michalowicz’s book Profit First
Complete the Buyability Assessment
https://StevePreda.com
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