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Where established business owners reveal what it’s really like to be CEO and simultaneously pursue abundance. Abundance looks different for everyone and no two businesses are built the same. During this open conversation, discover how circumstance, actions, and events created emotional reactions of either abundance or scarcity throughout their business-building journey. Much of whether we grow or get stuck playing small depends on the mindset we choose and the actions we take during the highs and lows throughout our entrepreneurial journey. Find out how workload, relationships, and money played a role in business owners’ decisions, emotions, and mental health during various stages in their business, when they made key decisions about hiring, marketing, and outsourcing, and how hosting their own podcast played a role in their personal development AND the growth of their business. Virginia Elder, host and owner of Podcast Abundance, shares pieces of her own journey from corporate life to freelancer to business owner, plus interviews other entrepreneurs with thriving businesses who use their podcast to establish authority in their niche, provide educational content for potential clients, and drive leads into their business. During the first half of each interview episode, you’ll get an inside look at the guest’s business and hear about challenges, plus the habits and actions that help navigate them. Our goal is to uncover the mindset and mental health shifts that worked for them to help you thrive during your journey. Then, in the second half of the interview, we switch the conversation to marketing strategies and learn how launching a podcast helped them grow their business and mature as a founder, speaker, and collaborator for their brand. Every business needs a reliable marketing arm that consistently and automatically attracts potential clients, and these guests have a successful, active podcast doing exactly that! Learn how they started, what changed, and how they’ve grown since becoming a podcast host. We’ll reveal podcasting strategies that work and prep you for the emotional rollercoaster that occurs any time you step up to play big in life. Abundance is within reach for all of us, but the pursuit of abundance is never over. It takes intention, a clear vision for what abundance means to you, and a consistent level of consciousness around your actions and emotions throughout your journey. Cheers to Reaching Abundance together!
Episodes
Thursday Mar 14, 2024
Thursday Mar 14, 2024
Surprisingly, most entrepreneurs aren’t exactly sure what milestones they want to reach when it comes to their business. Of course, they want to be successful and make money, but rarely can they pinpoint what they believe is enough to live life on their own schedule.
Some might measure success as having time to do whatever you please while others consider success to be the amount of profit your business makes. Creating the life you desire requires clearly defining what you want and knowing what numbers make the most sense financially both in life and in business.
In this episode, Rocky Lalvani, host of the “Profit Answer Man” podcast, reveals the trick to designing life with the end in mind, why knowing your numbers is critical to success, and how starting small lets you keep moving forward.
In this episode, you’ll also hear:
- Reverse engineering business around your lifestyle
- Implementing a Profit-First approach
- Creating reasonable goals and planning to get ahead
Mentioned in this episode:
Book: Profit First
The Profit First method can benefit businesses in a variety of ways. By prioritizing profit, businesses are forced to operate more efficiently and make strategic decisions that prioritize long-term financial health.
Additionally, setting aside profit before anything else ensures that businesses have a cushion for unexpected expenses or economic downturns. Ultimately, the Profit First method can help businesses achieve sustainable growth and financial stability.
For more information on Profit First and how it can turn your business into a profit-making machine read these articles:
The Profit-First Method vs Traditional Accounting
How to Implement Profit First in Your Business
Benefits of Using Profit First in Your Business’s Finances
Must-listen moments:
[00:04:59] If you haven't defined the end, you can't technically reverse engineer it. Most people don't know what they want, don't define the end, or haven't taken the time to do that. When you take the time to do that, now you can start to say, is this taking me towards or away from what I want.
[00:11:24] It's how you build your business model and the intention you put into it, and learning not to listen or do what everyone else does. I think that's where people if they don't understand the numbers, they can't make the wisest decisions.
[00:29:56] Start small and let it build. Because when you start winning, you're going to continue to win.
Connect with guest, Rocky Lalvani:
Website- https://profitcomesfirst.com/
Podcast - https://profitanswerman.libsyn.com/
Facebook - https://www.facebook.com/ProfitComesFirst/
Instagram - https://www.instagram.com/profit_answer_man/
LinkedIn - https://www.linkedin.com/company/profit-comes-first/
Connect with host, Virginia Elder:
Website - https://www.reachingabundance.com
Facebook - https://www.facebook.com/podcastabundance
Instagram - https://www.instagram.com/podcastabundance
LinkedIn - https://www.linkedin.com/in/coachvirginiaelder/
YouTube - https://www.youtube.com/@ReachingAbundance
This podcast is edited and managed by the team at Podcast Abundance. To discuss working together on your podcast or YouTube channel, book a Discovery call with Virginia.
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