Wealthy Wellthy Wise | Millionaire Mindset Conversations With Counter-cultural Leaders. Grow Your Wealth Without Sacrificing

Watch & Subscribe on YouTubeAre you struggling to make your business profitable despite increasing sales? You might be falling into a common trap that many entrepreneurs face.Rocky Lalvini, a Profit First Professional and host of the Profit Answer Man podcast, joins us to shed light on the often-overlooked aspects of business finance. With his expertise in helping business owners understand and improve their financial health, Rocky brings valuable insights to the table.In this episode, we dive deep into the misconceptions surrounding business growth and profitability. Rocky explains why focusing solely on top-line revenue can be detrimental and shares the importance of understanding your financial statements, particularly the balance sheet. He emphasizes that "top line is vanity, bottom line is sanity, and cash flow is reality."We also explore the power of automating savings, both in personal finance and business, and discuss the critical role of financial literacy for entrepreneurs. Rocky shares his jour