Kickstarting Financial Success with a Profit Account
Jul 15, 2024
When I work with my students, I always start by having them set up one extra account called Profit. This simple step can make a huge difference. Profit First is a behavioral system that leverages our natural tendencies with money, making it incredibly effective.
By using our current habits to positively impact cash flow, we can create meaningful change. It’s a straightforward concept that can yield significant results.
Starting the habit of funding your Profit Account every week is the first step in adopting the Profit First mindset. However, it's important to remember that the other bank accounts are equally crucial for the system's success.
If spreadsheets alone were enough, we wouldn’t need a system like Profit First. Success in any area requires action, and financial management is no exception. The act of transferring money from one account to another triggers a mindset shift, reinforces positive behavior, and provides a sense of reward.
I assist dentists in achieving this freedom through the Profit First system. If you’re curious to learn more, visit www.profitfirstdentist.com and tap the 'Free Resources' tab to download the first two chapters of my book for FREE!
-Barb Stackhouse, RDH, M.ED.
Mastery Profit First Professional
"I’m Barb Stackhouse, author of Profit First for Dentists. You might recognize me as the professional behind the Profit First approach for dental practices. I’m passionate about helping dentists implement this effective cash flow system, which is why I wrote the book. My goal is for more dentists to read it and integrate this system into their practices because it genuinely works."
-April Stroink, BComm, RHU, EPC, PFP
Advanced Profit First Professional
With over 25 years of financial expertise, April Stroink helps in transforming the financial health of dental practices across Canada. As an experienced Profit First coach, April is committed to helping you increase your profits, optimize your cash flow, and achieve financial peace. She believes that your business should enrich your life—enabling you to create the life and business of your dreams without compromise.
