Hey Reader,
Happy New Year! I hope you had a lovely break and are feeling rested.
Now that we're in a new year, I've been thinking about what actually made the biggest difference in my business over the last few years.
And while it might surprise you, it wasn't the marketing strategies or the new services or any of the shiny things. The thing that genuinely changed everything was implementing Profit First.
For nine years, I was doing the same thing most of us do. Work hard, bring in clients, look at my bank account and think "great, there's money there!" and then two weeks later wonder where it all went. I'd pay myself €2,000 one month and then nothing for three months. It was exhausting.
Profit First flipped everything. Instead of hoping I could pay myself at the end of the month, I started taking it first. Same with paying myself profit. And you know what happened? I finally had consistency. I knew what I could rely on. The stress around money just... eased. And from there it grew to a business where my costs are low, and most of my revenue is profit, and I've raised my pay quite a few times over the last years.
I had a call with a client a few weeks ago where we talked about Profit First. She's started implementing it, and she messaged me really enthusiastically a while later, saying she's already beginning to see results. That shift from chaos to clarity, from hoping to knowing, is happening for her too. And honestly, that's what makes me want to share this more widely.
I wrote an article about Profit First a while back (the one I showed her), and it covers the practical details of how it works and how to get started. And I've been thinking: if you're starting this new year still stuck in that feast or famine cycle, maybe now's the time to try something different.
January is genuinely a good time to set up a new system like this. You're not already drowning in work, you can take the time to get your accounts sorted and figure out your percentages. You can start the year with this new way of working already in place.
If this sounds like something you need (or even just something you're curious about), I've put everything in the article. How the system works, why it works, how to start even if it feels impossible right now.
And honestly, if you read it and it resonates, just hit reply and let me know. I'd love to hear what you think.