Hi, I’m Amber!
This Definition of Profit is Putting you into Debt
We are living in a beautiful, transitional period in which entrepreneurs are re-writing the way that business is done. The old ways, the brick-and-mortar corporate rules, no longer apply. In fact, these outdated practices and definitions may be one of the reasons you are feeling stuck in your business!
Raise your hand if you’ve ever felt a sense of dread when meeting with your accountant at tax time. 🙋🏻♀️ Ever been shocked and stressed when you heard precisely how much money you owe the government for taxes? Ever had to take out a loan just to pay Uncle Sam? These situations are so common and so unnecessary!
Your bookkeeper can’t fix this for you. Your accountant doesn’t have the answer. This is a matter of learning the most effective ways for YOU to manage your cash flow.
This week on Profit for Joy® TV, I’m discussing how the traditional definition of profit may be one of the reasons you have debt!
We’ll Cover:
- The difference between revenue and profit
- How profit should be defined
- Why this definition will rewire how you think about debt
Action Step:
- Join the waitlist for our next Wealth Workshop! www.amberdugger.com/challenge
Get Connected:
- Join our community: www.amberdugger.com/community
- Catch me live every Thursday at 2pm ET here!
We’d love to hear your thoughts:
- Subscribe to the YouTube channel to get notifications when new episodes are available!
- Post your questions in our amazing Sweet Life, Purposeful Money community
- Discover the cash flow management software we recommend HERE.
LIve AGed money challenge
Are you ready to take the first steps to untangle your personal and business finances and use your revenue goal to advance your business? Join the VIP waitlist to be the first to be notified of our next live Aged Money Challenge.
We have been told by past participants that this free experience has been worth more than the last three investments they have made in their business. In other words, you don’t want to miss it!
Get ready to lay the roadmap to a profitable and sustainable business while uncovering how to start healing your relationship with money. Remember, money is simply a resource to allow us to live a life of joy. We can’t wait to support you in our next live workshop. Big kudos to you for taking this big step towards financial self care.
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