Recently, Brian Sly of Emblem Inc., shared his thoughts about profit and how his understanding of it had been flipped through Profit First. Check it out:
“Profit was always an ugly word. I attended networking events with the mantra “Purpose Over Profit.” And I was applauded for it by other attendees.
But we were all wrong.
The dirtiness of the word profit was my own insecurity around lack of understanding the business world. I was conditioned, through the news and others outside of the entrepreneurship bubble, that if I had profit, I was greedy and taking advantage of people.
That mindset was horrible to someone like me, moving from hobbyist to freelancer to business owner (as an artist without a business background). I’m sure it played an underlying role in how I priced services, how I valued my time, and the way I viewed my role as someone in service to others.
Profit isn’t a dirty word. It’s a misunderstood word. And until I tackled my own misconceptions about it head-on, I was going to continue living a freelancer life, despite what Illinois viewed as a legal entity.
I owe Brandon Neely and Amanda Neely more than they may ever know. By introducing me to the Profit First model years ago, I have been able to see a much more realistic view of financial health.
Rather than my ignorant Purpose Over Profit mindset, I actually have more purpose in my life, knowing all of the good I can do combining Purpose With Profit.”
We can’t thank Brian enough for sharing his experience!
Sharing your knowledge is one of the most powerful actions you can take to help others. Whether it’s about Profit First or another method you discovered works for your business, get out there! Make in known and help your fellow entrepreneurs!
-Mike
PS – Get the free resources for Profit First. From a Profit First One Sheet to finding banks to open your accounts in, it’s there waiting for you!
Remember – Profit is not an event. Profit is a habit!
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