EP 049: If you heard the last episode of the podcast, you would know I am not a fan of the profit-first system.

I think Mike and his books are awesome, but the profit-first system has some significant flaws for me.

The profit-first system doesn’t adapt well to changing conditions and goals. 

Good financial management allowed me to focus on cash first.

Anyhow…

I just released another podcast episode on what good financial management looks like.

If you would like to hear about my financial management process, be sure to tune in.


Episode Highlights:
00:00 Welcome to Business and Investing
01:23 The first step to good financial management
06:11 Communicating goals with your bookkeeper and accountant
09:02 Reading and analysing financial reports
15:54 How to get good insights into your finances
19:56 Good financial planning needs constant learning and improvement
22:05 How managing finances vary in property investing
24:34 Wise words to live by for business owners

If you enjoyed this episode, be sure to subscribe, tune in and share this podcast!




Resources:
○ Business and Investing website: https://www.businessandinvesting.com/


Subscribe: 
○ Subscribe on Youtube: https://www.youtube.com/@businessandinvesting
○ Subscribe on Apple Podcast: https://podcasts.apple.com/au/podcast/business-investing/id1607453342



Connect with Business and Investing: 
○ Join the Business and Investing Community: https://www.facebook.com/groups/440140397804480
○ Follow us on Facebook: https://www.facebook.com/businessandinvestingcom
○ Follow us on Instagram: https://www.instagram.com/businessandinvestingcom
○ Follow us on TikTok: https://www.tiktok.com/@businessandinvestingcom
○ Send your enquiries or drop by to say hello: grant@businessandinvesting.com



DISCLAIMER:
All information we share is NOT financial or investment advice and is purely intended for entertainment and educational purposes only. Always seek professional advice before acting on any financial decision.

EP 049: If you heard the last episode of the podcast, you would know I am not a fan of the profit-first system. I think Mike and his books are awesome, but the profit-first system has some significant flaws for me. The profit-first system doesn’t adapt well to changing conditions and goals. Good financial management allowed me to focus on cash first. Anyhow… I just released another podcast episode on what good financial management looks like. If you would like to hear about my financial management process, be sure to tune in. Episode Highlights: 00:00 Welcome to Business and Investing 01:23 The first step to good financial management 06:11 Communicating goals with your bookkeeper and accountant 09:02 Reading and analysing financial reports 15:54 How to get good insights into your finances 19:56 Good financial planning needs constant learning and improvement 22:05 How managing finances vary in property investing 24:34 Wise words to live by for business owners If you enjoyed this episode, be sure to subscribe, tune in and share this podcast! 
Resources: ○ Business and Investing website: <a href="https://www.businessandinvesting.com/">https://www.businessandinvesting.com/</a>
 Subscribe:  ○ Subscribe on Youtube: <a href="https://www.youtube.com/@businessandinvesting">https://www.youtube.com/@businessandinvesting</a> ○ Subscribe on Apple Podcast: <a href="https://podcasts.apple.com/au/podcast/business-investing/id1607453342">https://podcasts.apple.com/au/podcast/business-investing/id1607453342</a>
 Connect with Business and Investing:  ○ Join the Business and Investing Community: <a href="https://www.facebook.com/groups/440140397804480">https://www.facebook.com/groups/440140397804480</a> ○ Follow us on Facebook: <a href="https://www.facebook.com/businessandinvestingcom">https://www.facebook.com/businessandinvestingcom</a> ○ Follow us on Instagram:<a href="https://www.instagram.com/businessandinvestingcom"> https://www.instagram.com/businessandinvestingcom</a> ○ Follow us on TikTok: <a href="https://www.tiktok.com/@businessandinvestingcom">https://www.tiktok.com/@businessandinvestingcom</a> ○ Send your enquiries or drop by to say hello: <a href="mailto:grant@businessandinvesting.com">grant@businessandinvesting.com</a>
 DISCLAIMER: All information we share is NOT financial or investment advice and is purely intended for entertainment and educational purposes only. Always seek professional advice before acting on any financial decision.

It’s absolutely possible for a business owner, like you, to have it all. The only limiting factor to success in your business and in your life is you, the business owner!

The Business & Investing podcast exists to help you overcome your limits. Hosted by successful Australian entrepreneurs Grant Merriel and Charley Valher, the show is dedicated to sharing information, insights and tools to help business owners, like yourself, build a stable, thriving business that unlocks your money and life goals.

Grant and Charley both dive into their own experiences with their fellow Australian business owners and trusted professionals to help you become the best Full Stack Business Owner.

*Disclaimer - We are just like you, Australian business owners, and everything we discuss is intended for entertainment and educational purposes only and is not financial advice. Always seek professional advice before making any decision when it comes to wealth creation.

It’s absolutely possible for a business owner, like you, to have it all. The only limiting factor to success in your business and in your life is you, the business owner!
The Business &amp; Investing podcast exists to help you overcome your limits. Hosted by successful Australian entrepreneurs Grant Merriel and Charley Valher, the show is dedicated to sharing information, insights and tools to help business owners, like yourself, build a stable, thriving business that unlocks your money and life goals.
Grant and Charley both dive into their own experiences with their fellow Australian business owners and trusted professionals to help you become the best Full Stack Business Owner.
*Disclaimer - We are just like you, Australian business owners, and everything we discuss is intended for entertainment and educational purposes only and is not financial advice. Always seek professional advice before making any decision when it comes to wealth creation.

Helping business owners generate wealth inside and outside of their business.