How to Turn a Mistake Into Value

I think it's safe to say you've made mistakes in your business. In fact, you probably already realize mistakes are what lead to growth and success. So, in a way, it's a good thing I made a big fat mistake last week, right? There's something my clients already know about me (and something that drives my wife crazy). I hate being late. Seriously, it's probably an unhealthy amount. If we're going to church, meeting friends for drinks, or picking up groceries, I set it up so that I'm always early. If you and I ever have an in-person meeting, you'll see it in action. Just look in the parking lot 10 minutes before and I'll be sitting in my car listening to 90s R&B. Last week I had a meeting with a

3 Questions to Ask Before Using Your Emergency Fund

Have you ever been tempted to dip into your savings? I think it's probably safe to say that we all have. Something pops up that seems like an emergency and we're tempted to reach into our rainy day fund. Unfortunately, a lot of times it's not an emergency. When this happens, and the voice inside is saying, "the emergency fund could pay for this," I want you to ask yourself these 3 questions: 1. Is it necessary? Is this something that needs to be done? A broken car stereo may be annoying, but not necessary. 2. Can it wait? Is this something that needs to happen right now, or could it wait a month or two (like a broken ice maker)? 3. Can you cash flow it? Do you have enough room in the bud

How to Separate Your Business From the Competition

When it comes to your business, how do you separate yourself? It's easy to fall into the status quo, and do things the way everyone else is doing them. Whether it's our marketing style, or how we deliver our product or service, our naturally tendency is to do things the way others are doing them. As a business owner, you likely know what makes you different. But do your clients or customers? The book The Toilet Paper Entrepreneur outlines 3 areas of innovation. These are 3 buckets your business likely falls into. Once you know your bucket, you can explore how to separate yourself from the pack. Which area of innovation do you fall in: Price: Are you the cheapest? Convenience: Is your product

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Profit First Coach |   (512)573-4387

Austin, TX

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