))
Ep 38: Are You Losing Money on Clients? Two Steps to Financial Clarity
Manage episode 489921113 series 3655807
Content provided by Sean Lang. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Sean Lang or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.
Key Takeaways
- Implementing Profit First creates essential financial clarity and structure
- Separate your revenue into 4 simple accounts: OpEx, Owner’s Comp, Taxes, and Profit
- Most agency owners unknowingly overspend and underpay themselves
- Tracking profitability per client reveals which clients are profitable vs. loss-making
- Use a basic Google Sheet to track client-level labor and tool costs
- Try this prompt to get coached by your dream mentor:
"For this entire chat, please act as if you are {CREDIBLE, WELL KNOWN PERSON YOU WISH WAS YOUR MENTOR} coaching me on my business problems. Say what you think you would say. Ask the kinds of questions you think you would ask. Provide the kinds of diagnoses you think you would provide. And don't be afraid to provide a hard dose of reality, no matter how brutal or blunt."
Agency Uplift - Free Stuff to Scale Your Agency:
https://www.agencyuplift.co/sop (I saved $20K/mo using this system)
38 episodes
Share
