Discover why 45% of businesses fail in the first 5 years (hint: it's not about your product or service) and learn the revolutionary system that's helping entrepreneurs break free from the feast-or-famine cycle.

In this episode, we reveal:

• Why traditional budgeting is setting you up for failure
• A counterintuitive approach that makes profit inevitable, not optional
• The simple 5-account system that eliminates financial anxiety
• Our personal journey from financial stress to confidence using this method

Perfect for: Business owners who hate budgeting but know they need better financial control. Whether you're barely making ends meet or ready to scale, this episode shows you how to finally master your numbers without becoming an accountant.

Listen now to transform your relationship with business finances and break free from the failure statistics. Be sure to catch the Star Trek reference!

00:00 Introduction to Financial Freedom

00:28 Debunking Profit First Misconceptions

01:25 Welcome to Wealth Wisdom Financial Podcast

02:03 Celebrating Small Businesses

02:57 The Importance of Simple Financial Systems

03:41 Understanding Profit First

07:27 Applying Profit First Principles

16:53 Overcoming Common Objections

24:37 Join the Profit Planning Network

26:02 Wealth Wisdom Week Announcement

27:13 Conclusion and Call to Action

Links mentioned in the show:

• Reserve your spot in Wealth Wisdom Week here: https://wealthwisdomfp.com/seminar
• Apply for the Profit Planning Network here: https://wealthwisdomfp.com/ppn
• Schedule a Discovery Call here: https://www.wealthwisdomfp.com/call
• Join the Wealth Wisdom Financial Community for practical tips alongside a group of people growing our wealth sustainably: https://www.wealthwisdomfp.com/community

Watch on YouTube here: https://youtu.be/Cz1pNz_hl40

Ever wonder if your business is truly aligned with your life's calling? What if your entrepreneurial journey was more than just making money? What if your business fulfilled your destiny?

In this episode we're diving deep into the secret sauce of your "financial DNA" - that perfect blend of your life's purpose, your money story, and your path to profitability. Spoiler alert: it's about way more than just cashing those checks.

Now, we know what you're thinking - "But what about the bottom line?" Don't worry, the Wealth Wisdom crew has got you covered. They're here to show you that purpose and profit are not mutually exclusive. In fact, when you're truly aligned with your calling, you're more likely to persist through challenges and find innovative ways to be profitable.

So, are you ready to decode your financial DNA and build a business that truly reflects who you are and what you're meant to do?

00:00 Introduction: Aligning Business with Life's Calling

00:47 Welcome to Wealth Wisdom Financial Podcast

01:26 Celebrating Small Businesses

01:48 Decoding Your Financial DNA

04:23 Recognizing Your Calling

05:23 Decoding Your Money Story

05:42 Pursuing Profitability

08:08 Personal Story: Going All In

11:59 Purpose AND Profit

13:00 Profit Planning Network

14:55 Conclusion and Call to Action

Links mentioned in the show:

• Apply for the Profit Planning Network here: https://wealthwisdomfp.com/ppn
• Schedule a Discovery Call here: https://www.wealthwisdomfp.com/call
• Join the Wealth Wisdom Financial Community for practical tips alongside a group of people growing our wealth sustainably: https://www.wealthwisdomfp.com/community

Watch on YouTube here: https://youtu.be/bkrvFhViI80

Is your small business feeling the weight of the world on its shoulders? Newsflash - you don't have to go it alone! In this must-see episode, we're unveiling the not-so-secret superpower that can transform your entrepreneurial journey: the power of collaboration.

Small businesses are the backbone of the American economy, but the statistics are sobering - 45% fail in the first 5 years, and over half don't make it to the 10-year mark. The good news? We've uncovered a game-changing piece of advice from successful business owners: "Never do anything alone."

When you team up with mentors, fellow entrepreneurs, and even your target customers, the burden gets lighter, the ideas get bigger, and the chances of success skyrocket. Just ask us - we managed to cut our startup costs in half by leveraging our "Set Up Shop Committee"!

And if you're not a small business owner yourself, don't worry. We're serving up all the juicy details on how you can support your local entrepreneurial community in ways that create a win-win for everyone.

This episode is about to shift your small business mindset from stressed and isolated to empowered and connected.

Whether you run a mom-and-pop shop or just want to champion the entrepreneurial spirit in your neighborhood, you won't want to miss these must-try strategies for harnessing the power of collaboration. Trust us, your business (and your sanity) will thank you.

00:00 Introduction: The Power of Collaboration

00:25 Small Business Saturday: Mark Your Calendars

01:18 Welcome to Wealth Wisdom Financial Podcast

01:56 Celebrating Small Businesses: You Don't Have to Go It Alone

02:45 The Reality of Small Businesses in the US

04:53 The Importance of Collaboration in Entrepreneurship

05:45 Our Personal Journey: From Isolation to Collaboration

09:40 How Non-Business Owners Can Support Small Businesses

13:54 Challenge: Strengthening Community Through Support

14:36 Join the Profit Planning Network

15:49 Conclusion: Building Wealth and Wisdom Together

Links mentioned in the show:

• Schedule a Discovery Call here: https://www.wealthwisdomfp.com/call
• Join the Wealth Wisdom Financial Community for practical tips alongside a group of people growing our wealth sustainably: https://www.wealthwisdomfp.com/community

Watch on YouTube: https://youtu.be/GuCsvW08WVQ