Beyond The Status Quo Podcast | Entrepreneurship | Career | Finances | Motivation | Personal Development | Relationships

Over the last few years, I’ve realized it’s not as easy as it seems to be profitable. Profitability doesn’t happen by accident. It doesn’t just fall into your lap. Profitability, in fact, is a very, very purposeful thing that all of us need to do in our businesses in order to see that profit come in. Here are some tips that have helped me in my journey to profitability. “I know where the money is going, I know what the expenses are going to be. I’m already aware of how it’s going to look and that feels really good to me because it’s not a surprise.” In this episode Avani talks about: Her first experience with profitability as a freelancer. How the numbers of her first year took her by surprise. Her strategies to make 2019 and 2020 more profitable. 1. Use the “profit first” methodology “Profit First” is a ladder where you put aside what you need first before using your money for expenses. Traditionally, you’re using your business money to pay for expenses first, and then pay yourself whatever is left.