“I can take my profit distribution anytime, even early!”
Nah.
Look, I get it. Profit First works for you and now you know there will be a profit distribution. So why not take it when you need it?
Because! Profit First is a system you need to follow to break old financial habits and create new healthy ones. Do you eat cake because you might go to the gym next week? (If the answer is yes, I won’t scold you but really dude? How’s that working out for you?)
Taking your profit distribution early hurts the behavioral aspect. Profit First is a behavioral management system. It manages cash flow while working with our own embedded behaviors. The 90 day rhythm is one of the key elements to the system. It builds that profit strength, and momentum in your business.
As money accumulates in your profit account, it builds anticipation and the fortitude to wait for the payout. Most of all, waiting forces you to use what cash is truly available to you and your business.
That is when you’ve truly mastered Profit First, young Jedi.
I am wishing you tremendous success!
-Mike
PS – We’ve got some powerful courses for you so you can permanently implement change and make your business unstoppable. Check them out here.
PSS Like free stuff? Check out the free resources