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How Profit First transformed my business and personal life

How Profit First transformed my business and personal life

I recently attended ProfitCon 2023 in New Jersey, and as I do every year, I left feeling uplifted and reinvigorated. Gathering with other Profit First Professionals gave me such a boost! It reminded me of the very essence of our mission at Reconciled Solutions: helping small business owners achieve financial clarity and sustainably, all while generating profits. It’s also a great chance to see how Profit First has transformed so many lives.

On this Profit First journey, I’ve had the privilege of meeting and collaborating with many fellow business owners. I’ve witnessed them making profound transformations in their businesses and personal lives because of Profit First. Among them, Debbie Deknight from Right Way Profits and Bookkeeping stands out as a source of immense inspiration.

I sat down with Debbie at ProfitCon this year to hear in her own words how Profit First has transformed her life. The impact has not been limited to her business’s bottom line. It resonated in her personal life, too. Read her takeaways or watch the video below for our full conversation.

 

Profit First can take some time to integrate, but the results are worth it

Debbie embarked on her Profit First journey in 2018, a year after founding her business. Her initial experiences were relatable to many entrepreneurs. It took some time for her to fully integrate Profit First into her operations, but once she did, the results were astounding.

The impact of Profit First on your business

Business-wise, Debbie witnessed incredible growth, with her revenue doubling in a single year after an impressive 80% increase the year before. She has increased her profit and with her additional profit distributions, she’s able to put money toward her own goals.

Profit First can allow you to focus on personal growth

What sets Debbie’s story apart is how her success has extended to her personal life. She recognized that her own well-being was equally crucial to the health of her business. With that, she used her profit distributions to embark on a health and weight loss journey.

One of the most remarkable aspects of Debbie’s journey is her newfound confidence. Joining a Mastery Group and embracing the Profit First methodology allowed her to grow not only in terms of business acumen but also in self-assuredness. Profit First has played a pivotal role in boosting her self-esteem and reshaping her perception of personal and professional potential.

Screw it, just do it!

Debbie is now working on a Profit First course, with the goal of sharing her experience and knowledge with others. Her story is a testament to the transformational power of Profit First. It’s a system that not only bolsters business profits but also nurtures personal growth. Her story demonstrates that, regardless of your personality type or your initial trepidation, Profit First can be the catalyst for profound change.

I hope you’re feeling as inspired as I am! Don’t let fear hold you back from exploring the transformative possibilities of Profit First in your business and life. As Debbie puts it, “Screw it. Just do it!”

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Angie Noll
angien@reconciledsolutions.net

Angie Noll is the founder of Reconciled Solutions, a Chicago-based bookkeeping and profit advisory firm she started in 2006. She is a Certified Profit First Advisor at the Designer level, a Certified Fix This Next Advisor, and a QuickBooks Online ProAdvisor. Angie works with service-based businesses — managed IT providers, Direct Primary Care and concierge physicians, law firms, and mental health practices — helping owners understand what their numbers actually mean and build businesses that pay them well. She holds an MBA, is a Forbes Business Council contributor, a graduate of Goldman Sachs 10,000 Small Businesses, and immediate past president of NAWBO Chicago.