S2 Episode 17 || The Top 3 Profit First Mistakes (And How To Avoid Them)

If Profit First is failing you, don’t quit — let’s fix it together!

In this episode, we dive into the frustrations many business owners face when trying to implement the Profit First system. You may have read the books, listened to the podcasts, or even given it a shot in your business, but still, the results just aren’t adding up. 

Why does it seem to work for everyone else except you? Katie unpacks the common mistakes, missteps, and hurdles she’s seen from business owners who’ve hit the wall with Profit First, offering practical tips to get things back on track.

Whether you’ve fallen off the Profit First wagon, or you’ve just never felt like it’s working for your business, Katie’s advice could be the game-changer you need. Learn the key elements of setting up Profit First correctly, staying consistent, and adjusting the system as your business evolves. Plus, she offers a free resource to help you identify where you’re getting stuck.

In this episode of Profit First for Tradies, you’ll learn the following:

• The frustration with Profit First (00:10)

• Three common Profit First pitfalls (01:11)

• The essential checklist to troubleshoot your Profit First issues and get moving toward sustainable success (03:05)

• Need Help? Here are your options (03:37)

If Profit First has been a frustrating experience for you, don’t throw in the towel just yet. With the right adjustments and consistent application, it can absolutely transform your business. It’s never too late to get it right — take that next step to financial clarity and freedom!

QUOTES

“Profit First works best when you are consistent, and it works best when you keep on doing it even when the numbers don't look great — because they'll never look great to start with, unless you're in a really amazing financial position.” - Katie Crismale-Marshall

“Doing anything correctly in your business is going to cost you time, and essentially it's going to cost you some money as well. I would prefer to think of those things as an investment in your business.“ - Katie Crismale-Marshall

We know, by the hundreds of thousands of businesses all across the world, all different shapes and sizes, who've been able to successfully implement Profit First in their business — it works. You just have to set it up correctly for your business, otherwise you're not going to get the results that you hear us talking about all the time.” - Katie Crismale-Marshall

Resources

Profit First for Tradies by Katie Crismale-Marshall

CONNECT WITH KATIE CRISMALE-MARSHALL

• Email: [email protected]  

• Instagram: https://www.instagram.com/profitfirstfortradies/ 

• YouTube: https://www.youtube.com/@profitfirstfortradies9503/featured

• Facebook Group: https://www.facebook.com/groups/profitfirstfortradies 

• Facebook: https://www.facebook.com/ProfitFirstforTradies/

• Website: https://www.profitfirstfortradies.com.au/