14 | How to Handle Income from your Practice

Profit First: The book I didn't want to like.  

Based on the title alone, this didn't seem like something I'd be interested in. 

It's been recommended by so many people, though, and I'm feeling increasingly lost when it comes to business finances so I thought I'd check it out.

And yep. "People" were right. It was super helpful.

I've detailed the most important thing I learned from the book in this episode.

Although this seems like very basic information, it helped things click into place for me. I hope it's helpful for you, too.

You might be wondering if you really need to read this if you're just getting started with your practice.

YES. Please do.

Having this mindset/system set up in advance will help you! (In the first few months, you may be spending quite a bit more than you're bringing in as you get things set up. Once you're out of this phase, you can start implementing this system.)

I'd love to know what you think!

Resources

• Profit First book
• You Need a Budget Software (aka YNAB)
• Here's a simple explanation of Profit First from Wave

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