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Profit First, Cash Flow, & Calculated Risk for Small Businesses with Megan Schwan
Manage episode 504447524 series 3665151
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In this episode of Strategy, Solutions, and Sanity, host Samantha welcomes financial expert Megan Schwan. Megan shares her inspiring journey from being a teen mom to becoming a successful business owner. She discusses the importance of fostering a supportive culture, embracing calculated risks, and using the Profit First method to manage business finances effectively. Megan also highlights her personal experiences, including overcoming challenges like divorce and moving across the country, all while maintaining a growing business and raising four children. Tune in for valuable insights on resilience, business strategy, and financial empowerment.
00:00 Introduction and Show Overview
00:16 Meet Megan Schwan
02:22 Megan's Journey: From Teen Mom to Business Owner
05:20 Balancing Family and Business
10:31 The Importance of Calculated Risks
16:13 Trusting Intuition in Business
20:41 The Drive Behind Determination
22:15 Major Life Changes and Business Flexibility
22:56 The Importance of Grit and Determination
24:12 Navigating a Saturated Market
30:36 The Concept of Profit First
40:09 Implementing Profit First: A Personal Journey
44:18 Final Thoughts and Gratitude
26 episodes
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