David Richter

And then I saw like, we're doing 25 deals a month, spending 26 worth, like this story can't end well, like not the way that it's going. Unfortunately, I wish I had a great ending to that story. I wish I did, but I don't. That company kind of blew apart. People went their separate ways, did different things. That forced me into other areas.

And then I saw like, we're doing 25 deals a month, spending 26 worth, like this story can't end well, like not the way that it's going. Unfortunately, I wish I had a great ending to that story. I wish I did, but I don't. That company kind of blew apart. People went their separate ways, did different things. That forced me into other areas.

I was going to other masterminds at that time and like everyone else was saying the same thing. So like this was not just us. It was an epidemic. And I wish I would have had a great I wish I would have had profit first back then. I think that story would have ended a little bit differently. I can go from there.

I was going to other masterminds at that time and like everyone else was saying the same thing. So like this was not just us. It was an epidemic. And I wish I would have had a great I wish I would have had profit first back then. I think that story would have ended a little bit differently. I can go from there.

But like that's what got me kicked off, even of knowing like, OK, it doesn't matter how many deals we do. If you're not keeping any of the money at the end of the day.

But like that's what got me kicked off, even of knowing like, OK, it doesn't matter how many deals we do. If you're not keeping any of the money at the end of the day.

Yeah, I did. So you can actually download the ebook or audio version at simplecfo.com forward slash JC, like Justin Colby here. So that's where you can go and download the book. It also has like a little profit first cheat sheet. So if you like listen to this whole episode and you're like, what do I do first? I just point you there too. So that way you can at least get started.

Yeah, I did. So you can actually download the ebook or audio version at simplecfo.com forward slash JC, like Justin Colby here. So that's where you can go and download the book. It also has like a little profit first cheat sheet. So if you like listen to this whole episode and you're like, what do I do first? I just point you there too. So that way you can at least get started.

So that's where simplecfo.com forward slash JC.

So that's where simplecfo.com forward slash JC.

So I want to touch on what you said, too. If you're going to make money as an entrepreneur, you need to actually keep it as well. And there are two different skill sets. And it's like that's where I don't need you to become a like financial wizard or like a bookkeeper or CPA yourself or a CFO yourself.

So I want to touch on what you said, too. If you're going to make money as an entrepreneur, you need to actually keep it as well. And there are two different skill sets. And it's like that's where I don't need you to become a like financial wizard or like a bookkeeper or CPA yourself or a CFO yourself.

But I will say, knowing some of those fundamentals, like you were saying, Justin, like right here, I want to give you some of the fundamentals that you can know as a business owner without being this financial guru, wizard, you know, even bookkeeper, QBO, QuickBooks Online expert or whatever. We're dealing with cash.

But I will say, knowing some of those fundamentals, like you were saying, Justin, like right here, I want to give you some of the fundamentals that you can know as a business owner without being this financial guru, wizard, you know, even bookkeeper, QBO, QuickBooks Online expert or whatever. We're dealing with cash.

Because everyone that's listening to this, you are dealing with cash on a daily basis, whether your personal life, your business, whatever it might be, like money flows through your fingers. And it's like, what do I do with those dollars? It comes in, it goes right out. I'm making money. Where's it all going?

Because everyone that's listening to this, you are dealing with cash on a daily basis, whether your personal life, your business, whatever it might be, like money flows through your fingers. And it's like, what do I do with those dollars? It comes in, it goes right out. I'm making money. Where's it all going?

You know, especially if you're flipping, you know, I hear that lots from flippers like, man, I've got 14 deals on the docket. And it's like, it's eating me alive. You know, it's like, I've heard all the stories. So I want to help you with the just fundamentals of profit first, but good money management. Like it's just good business habits to have when money comes in. What do I do with it?

You know, especially if you're flipping, you know, I hear that lots from flippers like, man, I've got 14 deals on the docket. And it's like, it's eating me alive. You know, it's like, I've heard all the stories. So I want to help you with the just fundamentals of profit first, but good money management. Like it's just good business habits to have when money comes in. What do I do with it?

And a lot of people just aren't teaching that. So fundamentally, honestly, if you're, if you're listening to this and you've never heard of profit first, you probably have in some

And a lot of people just aren't teaching that. So fundamentally, honestly, if you're, if you're listening to this and you've never heard of profit first, you probably have in some