Profit First Strategies for Business Growth and Profitability with Rocky Lalvani - Constructive Liberty

Episode 155

full
Published on:

10th Mar 2023

Profit First Strategies for Business Growth and Profitability with Rocky Lalvani

Here's what you'll learn in this episode:

  • Why it's more important to focus on the bottom line, than the top line
  • Why we have the wrong equation for profitability
  • How do most business owners manage their finances
  • What Parkinson's law is, and how to use it to our advantage
  • How to implement Profit First
  • Why "spend money to make money" is the wrong message

Rocky Lalvani serves as Chief Profitability Adviser for business owners. He teaches them how to ensure they get paid and make profit a priority! As a certified Profit First Professional he implements Mike Michalowicz's Profit First System.

We change the accounting formula of Sales - Expenses = Profit to Sales - Profit = Expenses. This ensures Profit comes first! (PS. It's not about money at all costs, people come before money!)

Rocky started with nothing when his parents immigrated to the United States when he was two years old, and his parents were in their 40's. It was his parents' second time starting over in life as they moved here to experience the American dream. In spite of a lot of struggles and his mom passing away when Rocky was 7, he has been able to achieve financial and life success. Rocky loves to share his journey and inspire others to achieve their dreams even faster.

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About the Podcast

Constructive Liberty
Bringing you the best strategies, tech, tools, and mindset to create a life and career you LOVE!
Freedom, purpose, entrepreneurship, and the pursuit of happiness.

Each episode is created with lifestyle freedom in mind. Because in the end, no matter what we do, what we really want is the freedom to do what we want.

Crypto, passive income, sports, real estate, homesteading, construction, small business, and side hustles are a few of the many things we'll talk about in the show.

We also hosts guests who share their own path to constructing a life of liberty.

Podcast segments include:
Quote of the day, State of the business(es), Make life fun again, Passive income activities, What I'm exploring, Product recommendations, Real life stories, "5-Keys" tips, and more.

Do good work.
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About your host

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Ken Eash

The "why guy".
Inspiring you to discover purpose, fulfill your God given potential, and create a life and career you LOVE!