Finance Driven

If you don’t leverage people, processes and systems to separate yourself from your business, you will be a SLAVE to your business for the REST OF YOUR LIFE. Read that again.If you don’t leverage people, processes and systems to separate yourself from your business, you will be a SLAVE to your business for the REST OF YOUR LIFE. Read that again.

The 4 Keys of Business Scale - Which one are YOU? 1 LV x LP = Wantrapreneur - you sell at Low Volume & Low Price. Aka wannabe Entreprenuer People wh...o think they have a business. Example: $30 or $50 vitamin supplement and they sell 4 people a month. Low volume & profit and no impact on anything. This is the worst of all business models. Most people get stuck here and think it’s hard and going to the next step to become an entrepreneur is even harder, but it’s not. 2 LV x HP = Entrepreneur - you sell at Low Volume but High Price. Example is 2k - 10k coaching program. These people usually look for a breakthrough to a different and HIGHER level. One of the reasons why people look for this higher level is because they find something BIGGER than them (their WHY) and it’s bigger than just making money. 3 HV x LP = Waltrapreneur - you sell at High Volume but low price. Great model ONLY if you have software / technology doing most of the work for you to scale. This business model is after Sam Walton. When he died he was 3-4 times richer than Bill Gates. He got great deals for customers and never marked up products over 30%. Today Jeff Bezos is an example of a Waltrapreneur. 4 HV x HP = Wealthapreneur - you sell at High Volume & High Profit. You have a 10k, 30k or 100k program. This business will make you wealthy. You may ask why would someone pay me this? Instead of saying that, ask yourself what kind of VALUE can I deliver that will cause them to DESIRE to pay me that kind of money? This is for people who look for the EDGE / INSIGHT that will change the direction of their business or life.

The rich and wealthy buy TIME. The poor chase money. Read that again.The rich and wealthy buy TIME. The poor chase money. Read that again.

HERE’S YOUR BIGGEST EXPENSE IN LIFE: #1 Biggest Expense in Your Life is IGNORANCE Ignorance to learning and knowing how to make MORE MONEY for yourself and your family.... Ignorance to learning and knowing how to make MORE TIME for yourself and your family. And as a result, not living life on YOUR TERMS. When I stopped living the life of ignorance I started joining masterminds and learning from high level earners that’s when things went uphill for me. FAST. If you are sick and tired of paying life $100k, $200k, 500k, or $1M extra that you could have made last year, this year, and every year going forward, then: STOP doing what you did yesterday. Create a new life for yourself and start learning from those who did it and are currently doing it. Do and pay whatever it takes to learn attend masterminds and get a mentor/coach. Don’t let the door keep slamming you in the face. The biggest thing you DON’T want is to have REGRET that you didn’t get out of your comfort zone, you didn’t take more risks and you didn’t take more chances. You are spending tens and hundred of thousands more by living the life of ignorance. HUGE opportunity cost. Ask yourself, how important is it to you? Level up

Regardless of who wins on Nov. 3rd, as a business owner you must concentrate on 3 things: 1) Increasing your profits 2) Increasing your profits 3) Maximizing tax reduction to increase profits.... Here’s how to do it: : Bookkeeping and tax preparation does not grow profits. Bookkeeping is simply just counting beans. Tax preparation is just entering numbers into a software and writing off some expenses. Yep that's what most CPA's and accountants do. Doubting me? Ask yourself two questions: What was your revenue and NET profits increase from 2018-2019-2020? What have you done to grow business NET profits in the last 6-18 months? : You need a financial planning system. It consists of four parts: : Process to have weekly, monthly and yearly financial awareness of all financials & KPI's : Method that shows and closes business gaps which cause money leaks and cash shortages : A forward planning and a "what if" scenario process - so you can envision your goals, increase cash flow and accelerate business growth. : Tax Planning - so you can put cash back into your pocket right away and grow your wealth. This is NOT tax preparation If you would like to learn more - book a 1-on-1 call with me: https://calendly.com/financedriven

Signs your business is NOT successful: Your business is not increasing sales (revenue) year over year Your business is not increasing gross profit year over year... Your business is not increasing net profit (how much you ACTUALLY KEEP after taxes) Your net worth is not increasing You are doing only bookkeeping and have no forward looking revenue, expense, cash flow statements & projections You rarely/almost never receive, review & analyze your financial statements You are afraid or don’t know if you can hire someone or you don’t give your employees a raise If even ONE of these signs is true, then your business profitability needs a boost. I put together a 6 Week Business Financial Planning Program which addresses every point above. I will personally show you the financial path to doubling your profits in the next 12 months. Learn it once. Implement it every month & year, for the life of your business. If you are interested in the doubling your profits, schedule a FREE business assessment call with me: https://calendly.com/financedriven/yurimavashev