Episode 01: Achieve Financial Mastery through Profit Simple
Jun 20, 2023Hey there, Wealthy Entrepreneurs!
Welcome to the first episode of The Wealthy Entrepreneur Podcast with your main man, Bob Gauvreau.
Our first-ever episode will tackle a topic that can send shivers down the spine of many business owners – bookkeeping.
Bob came up with this neat concept he calls 'Profit Simple'. And you'd be surprised how this can transform your views about bookkeeping and turn it into a powerful tool for achieving financial mastery.
But let's cut to the chase. Bob's 'Profit Simple' boils down to three things: keeping your bookkeeping up-to-date, accurate, and interpretable. So, if your bookkeeping is gathering dust somewhere, you better listen up because Bob's got some hard truths to share.
We all know the fear and confusion that financial matters can often bring. But here's the thing – Bob genuinely wants you to win this game of entrepreneurship. And with his friendly, relatable advice, you might just find yourself eager to dive into the world of bookkeeping and financial mastery.
Tune into this first episode of The Wealthy Entrepreneur Podcast and let Bob guide you on your journey to becoming a wealthy entrepreneur.
After all, who wouldn't want to be in control of their business destiny?
Episode Highlights:
- 00:00 Welcome to The Wealthy Entrepreneur Podcast
- 02:22 The Significance of Up-to-Date Information in Business Bookkeeping
- 04:33 Lessons from a Butcher Shop Owner: The Importance of Monthly Finance Meetings
- 06:49 When Costs Rise, and Prices Stay the Same
- 08:37 Profit Simple: The Key Elements of Accurate and Reliable Bookkeeping
- 10:28 The 12 Biggest Bookkeeping Mistakes for Business Owners
Resources:
- The 12 Biggest Mistakes Business Owners Make with Their Bookkeeping: https://gauvreaucpa.ca/12-most-costly-bookkeeping-mistakes/
- Visit the Million Dollar Year Website: https://www.milliondollaryear.ca/
- Download The Wealthy Entrepreneur (digital book) for FREE: https://www.milliondollaryear.ca/wealthy-entrepreneur/opt-in
- Like our Facebook Page at https://www.facebook.com/milliondollaryearprogram
- Join The Wealthy Entrepreneur Community for FREE at https://www.facebook.com/groups/gauvreaucpa
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