Retire early using Profit First

I know you read this daily email for advertising advice…

But unless you are exactly as profitable as you want to be already…

I suggest you steal my brand-new accounting system today.

It will help you maximize profit.

It’s called Profit First.

If you haven’t checked out the book, I recommend picking it up here.

Here are the cliff notes:

#1 — Stop pretending you need to reinvest in your business.

This is not the case. Learning and growing are helpful, but not at the expense of limited cash flow.

#2 — Forget the old accounting formula forever.

Revenue - Expenses = Profit is a thing of the past. Don’t use it anymore.

#3 — Use the new formula to automatically extract higher profit.

Your new formula is Revenue - Profit = Expenses. This makes you profitable immediately.

#4 — Set up a separate Profit bank account that you export money to before you pay any expenses, bills, or even payroll.

This creates the habit of stacking cash for later investments.

#5 — Become lean and effective working with less expenses.

You’ll be forced to figure out how to run your business with less. Cut software, fire inefficient employees, and lean out. This is good.

#6 — Start small, then begin to pull out 50%, 60%, or even 90% profit each time your business makes revenue.

You can set this up with auto-transferring in your business accounts.

#7 — Get the money out of sight in a new savings account without a debit card connected so you can’t spend it.

Throw the cash profit into a high-yield savings account. I use Marcus by Goldman Sachs.

If your cash flow is super high…

You could probably stack a million in cash within a year…

Or reach $5m in the bank within a few years.

Then, you can live off the 5% interest of cash alone…

And make $250,000/year for the rest of your life with little to no risk.

Of course, you may want to buy some real estate or other investments…

But my point is…

Your business is already capable of making you extremely wealthy…

You just need to follow the Profit First Accounting system.

Hope that helps.

Austin Weatherhead | Founder of Zunesty

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Whenever you’re ready, here are 4 ways I can help your biz grow.

1. Skim through my protocol for explosive biz growth.
This is totally free. I documented the exact steps of our most successful clients with my ad agency over the years and my years as a freelance copywriter and marketer. This protocol works best for B2B folks, coaches, experts, and high-ticket companies. Check it out and share it - Click Here

2. Work with my advertising agency Zunesty.
If you have a B2B business, coaching/training company, or you’re an expert of any sort, we’ll dial in your copywriting, paid traffic, email, content, and more. Schedule a 15m demo call to see how it works - Click Here

3. Work with my AI & automation agency.
You’ll find this useful if you’re a data-rich company with a lot of moving pieces. We’ll build you a custom OpenAI GPT model (think chatbot on steroids) and we’ll automate company workflows to cut costs dramatically. Grab a 15m demo call spot - Click Here

4. Work with me 1-on-1 for a few months.
If you want a bit more involved support to grow your company, I do have some consulting spots available each month. We’ll hop on calls and I’ll break down your business to help you grow faster. Reply to this email with some info about your biz and I’ll get you all the details.

P.S. I email a lot, and I try to make each email valuable. But if you want to only get my edition of The Growth Insider 1x per week, just hit reply and let me know. (: