Podcast | Episode 264

Profit First: How to Keep More of What You Make

When it comes to finances, a lot of eCommerce store owners tend to struggle. So today, I’ve got Cyndi Thomason of Bookskeep.com on the show to shed light on how to make your business profitable using the Profit First methodology. Cyndi is an eCommerce accountant and bookkeeper specifically focused on this methodology, and she shares how to set it up in your own business, advice for allocating funds, and lots more.

You’ll learn:

  • Tips for growing and financing inventory
  • Where eCommerce store owners tend to spend too much money
  • What buckets Cyndi recommends setting up to divide finances
  • Why she says you should never pay your bills first

 

Subscribe: iTunes | Stitcher

(With your host Andrew Youderian of eCommerceFuel.com and Cyndi Thomason of Bookskeep.com)

 

What Was Mentioned

 

Flickr: Mike Cohen

Andrew Youderian
Post by Andrew Youderian
Founder and Chief Instigator, eComFuel Andrew quit an early finance job to sell CB radios online — an admittedly unorthodox career path. It set him on a course to found and sell multiple businesses, host a decade-running podcast, lecture at Harvard Business School and create eComFuel, the leading community for 7- and 8-figure online business owners. Andrew is fascinated with branding, AI, building community, investing and growing meaningful businesses that don't require sacrificing what truly matters.
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