Learn to put Profit First - Small Business Cash Management with Rocky Lalvani

 

You need to put profit first.

Rocky Lalvani is a self-made multi-millionaire and certified Profit First coach to business owners.

That’s the Profit First system made famous by author Mike Michalowicz.  

This month, Rocky is the guest expert speaker for my Business Buyer Adventure group coaching program and I decided to invite him onto the main YouTube channel to share some advice.

His famous mantra: Revenue is Vanity, Profit is Sanity and Cash is King!

We do a quick overview of the Profit First system and talk about how small business owners can use some of these ideas to improve their performance in 2021.

Let’s listen to him answer: https://youtu.be/pUvt1wQ1E04

Learn how to buy a successful business at https://www.BusinessBuyerAdvantage.com

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[VIDEO] What if your customers knew your cost?

This video truly made me think and that's why I've decided to share it with you.

This shopkeeper openly posts his cost for every item he sells and tells people he will accept the cost price if that's all they can afford.

How would you react to this pricing strategy?  Would you pay the lowest price, asking price or offer some middle ground?

Interesting video and the owner of the shop has an important message to share.