#149. How to Use "Profit First" in Your Private Practice, with Shannon Simmons
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Okay, friends, letâs have a conversation that could change your entire relationship with money in your practice. đ§
Iâm thrilled to bring you my conversation with the fantastic Shannon Simmons. Shannon is the owner of âFit For Profitâ, a company dedicated to helping health and wellness professionals (like us!) get financially healthy. She's a Profit First Professional and the creator of the insightful Embodied CFO program.
(I love even the sound of that.)
In this episode, you'll hear her practical, step-by-step breakdown of the Profit First system (it's simpler than you think). We also explore the crucial (and often overlooked) connection between your money habits and your mindset â and even how your body feels about money.
You're also going to learn:
- How to guarantee that your practice will be profitable, starting TODAY.
- A common mistake that causes 85% of businesses to fail (and what to do instead).
- A subtle but powerful grounding technique to use when dealing with money stress or making financial decisions.
- The simple system that will let you pay yourself a bonus every 3 months. đ„ł
Guys, I loved Shannonâs energy, and I think you will too.
So, give this a listen. Because when you take the time to do this work and take care of your âmoney stuffâ, you thrive, and your business thrives.
And guess what, so do your clients. đ„°
~Wendy
P.S. Are you already following these principles in your practice? If so, Iâd love to hear from you. How has this impacted your business?
(Oh - and donât forget to leave a review for us! Thank you!)
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TODAYâS GUEST: SHANNON SIMMONS
Shannon Simmons is Fit For Profitâs founder and CEO. As a business owner, she knows what itâs like to face challenges and feel overwhelmed by finances, from childhood and beyond. Her passion for helping small business owners comes from a time when, as a practicing accountant and bookkeeper, she couldnât pay her OWN tax bill. As a result, she decided to overhaul her business, starting with the foundation: her financial system.
Today, she helps professionals who are passionate about finally finding their profit too.
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MENTIONED:
Her Website: https://fitforprofit.com/
Facebook: https://www.facebook.com/fit4profit
Instagram: https://www.instagram.com/fit4profit/
LinkedIn: https://www.linkedin.com/in/shannonsimmonsffp/
YouTube: https://www.youtube.com/@fitforprofit3890
Book: Profit First by Mike Michalowicz
Wendy Pitts Reeves, LCSW
Host, Ideal Practice
Private Practice Coach and Mentor
www.WendyPittsReeves.com
[email protected]
151 episodes