We all think about the financial health of our lives but many small businesses aren't sure how to build a business that has healthy finances. As our guest, Rocky Lalvani says 'You can't grow your way to profit.' But how do you build a truly healthy business? Rocky recommends trying the profit-first approach. But that doesn't mean it's all about money. True health also looks much deeper than today. It encompasses the lifestyle of the business owner.
In this episode, Rocky shares how small business owners can rebuild a healthier and sustainable business and life. It's time to stop responding to the crisis of today and start building a strategy for the future.
Growing up as the child of immigrant parents, Rocky saw his Dad build his fortune from a paltry $25 in his pocket using the basic principles of saving, investing, and spending smartly. His mom passed away when he was barely 7 years old and that instilled in him a fierce independence and sense of self-reliance. Over the years, he has built a multimillion-dollar fortune and not from coaching people but from applying the exact advice that he shares on the Richer Soul podcast. Rocky is also an Enrolled Agent and serves as a Virtual CFO for multiple small businesses.
Links
Profit Comes First
Richer Soul
LinkedIn
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