Before you abandon Profit First, listen to this.
In this episode, Katie pulls back the curtain on the five Profit First mistakes that sabotage your cash flow, trip up your consistency, and keep you broke, stressed, and wondering “What am I doing wrong?”
If you’ve ever set up Profit First and felt more confused than confident, this one’s for you. Katie shares the straight talk you need, plus practical advice you can actually implement.
You’ll walk away knowing exactly what not to do, and more importantly, what to do instead.
In this episode of Profit First for Tradies, you’ll learn the following:
- Why Profit First should feel empowering, not exhausting (00:35)
- The pitfalls of not setting up all the bank accounts (01:48)
- What it really means if you keep dipping into your profit account (03:25)
- Why skipping transfers wrecks your rhythm, and how to fix it (04:02)
- Ignoring your tax obligations (06:14)
- How 1% can be your game-changing first step (07:20)
Whether you’re Profit First-curious or knee-deep in a messy implementation, this episode is your permission to simplify.
You don’t have to have it perfect. You just have to start. And if you’ve started but it feels off? That’s okay. You’re not alone. Listen up, take a breath, and let’s get you back in the driver’s seat with your money.
QUOTES
“We’re always talking about getting curious if there’s not enough money so we can actually figure out why. And then we can get working towards solving that problem.” – Katie Crismale-Marshall
“The trick is to get started, even if it feels like 1% into a profit account is not going to make a huge difference. It will. Get started with that 1% and then take it from there, step by step.” – Katie Crismale-Marshall
RESOURCES
Profit First by Mike Michalowicz
CONNECT WITH KATIE CRISMALE-MARSHALL