Episode Details

Revenue is vanity. Profit is sanity. Cash is king. What does that mean?

I give you a simple breakdown of important finances concepts, tell you ways that you can increase all three of these (hello more money in da bank) and walk you through some common mistakes I see people make.

In this episode I cover: 

• The Profit First Model and why you should pay yourself FIRST
• How to manage cash flow with the Bucket System
• The difference between revenue, profitability and cash flow and why you need to be on top of these numbers
• The biggest mistakes most biz owners make around their finances

💰Join the Net Worth Facebook Group: https://www.facebook.com/groups/womenswealthmasterclass

Catch free trainings and connect with other women on the journey to wealth. 

🚀The Sovereign Millionaire // MASTERCLASS on 22nd Sept: The Exact Method for Turning Cash + Scattered Investments Into an Effortless Million Dollar Portfolio—Without Stock Picking, Market Watching or a Wall Street dude

22nd Sept @ 7pm EST 🔥 𝙍𝙎𝙑𝙋 𝙃𝙀𝙍𝙀 : https://bit.ly/3TbIZra

💰 WORK WITH ME:
🚀 The 7 Figure Portfolio: a 6 week accelerator to 2-3X your investment returns + build a low maintenance portfolio on track for 7 figures without a Wall Street dude. DM me on IG or FB with '7-FIG'

💰Join the Compounding Queens Secret Telegram here: https://t.me/compoundingqueens

Facebook - https://www.facebook.com/kristenwonch
Instagram - https://www.instagram.com/kristenwonch.xox
Email: kristen@kristenwonch.com