Online Marketing Made Easy With Amy Porterfield

#232: How to Track Your Financials Using ‘Profit First’ with Amber Dugger

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Sinopsis

Today we’re going to talk about making money and actually being profitable in your business. Believe it or not, most entrepreneurs never really show a consistent profit in their business. The reason for this is because any extra money they have coming in ends up going back into the business. Reinvesting back in your business or using extra money on hand to buy the latest and greatest software or tool of the trade sounds like a reasonable and healthy plan, right?   Not so much. Especially when you’re not being intentional about it. My guest today, Amber Dugger, is a financial expert who tells us that maintaining clarity and control of where your money is going will be a game-changer but you must first have a good cash flow system. Amber is a mastery level Profit First Professional and teaches the cash flow system from the Profit First book, but her teaching is tailored specifically to online entrepreneurs. In case you were wondering, this has nothing to do with bookkeeping or accounting, but everything to