Your business is making money, so why is there never any left for you? In this episode of The Festoon 500 Interviews, Dani Wallace sits down with Jason Withers, Profit First Professional, to talk about why profit on paper doesn't mean cash in the bank, and why so many founders pay everyone except themselves.

🔗 Connect with JasonWebsite: https://profitfirstpro.co.ukInstagram: https://www.instagram.com/profitfirstpro/Facebook: https://www.facebook.com/jasonwithers.profitfirstproLinkedIn: https://www.linkedin.com/in/jasonawithers/

🎁 Free gift: Jason is giving away 25 free digital copies each of Profit First and The Money Habit. Follow @ProfitFirstPro on Instagram and DM "PF" or "MH" to get your link.

Jason has spent 30 years working on money in business, always on the client side, and he's on a mission to take the fear and judgement out of founders' conversations about money. He explains the Profit First method by Mike Michalowicz, why it's really about "founder owner first", why the six and seven figure "more, more, more" hamster wheel leaves so many businesses with no cash, and the simple 1% bank account rule you can start with today, even if you're in debt.

You'll also hear why businesses don't fail because of losses (they run out of cash), why looking under the rock beats the anxiety of not knowing, and the number one reason business owners don't pay themselves as much as they could.

If you run a founder-led business and you're tired of being the last person to get paid, this one's for you.

Join the Festoon 500, The Big Festoon's community of founders supporting founders: https://highlevel.thebigfestoon.com/festoon500Tickets for The Big Festoon: https://thebigfestoon.com

CHAPTERS0:00 Why Profit Doesn't Mean Cash (Trailer)0:41 Welcome to The Festoon 500 Interviews3:24 Meet Jason Withers, Profit First Professional7:49 What Is Profit First? Profit vs Cash Explained10:57 Founder Owner First: Pay Yourself Before Anything Else13:49 When Should You Start Profit First? (Even With Debt)18:20 Why Founders Avoid Looking at Their Finances20:04 Businesses Don't Fail From Losses, They Run Out of Cash24:31 How to Get Started With Jason27:41 The No.1 Reason Business Owners Don't Pay Themselves Enough29:48 Join the Festoon 500

#ProfitFirst #SmallBusiness #Entrepreneur