Profit + Prosper: Recent Episodes
Sarah Young
I’m Sarah Young - a CPA, Virtual CFO, and the Owner of Young + Co! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, and I started the Profit + Prosper podcast to help you do the same. Profit + Prosper is a business finance podcast created to help entrepreneurs build their wealth in a way that’s fun and empowering. This is NOT a boring numbers podcast. I share tactical tips to increase your profit so you can truly prosper in your business and in life. I hope you’ll subscribe so we can Profit and Prosper together!
After nearly three and a half years of weekly episodes, I’m pressing pause on The Profit and Prosper Podcast. In this episode, I'm sharing why I made this decision, what’s been shifting behind the scenes, and where I’m going from here. This isn’t a goodbye—it’s a spacious, intentional reset as I navigate a personal and professional identity shift.
If you’ve ever felt like you’re living on autopilot, questioning the expert label you’ve carried for years, or craving more alignment in your life and business, this episode is for you.
Let's stay connected:
TikTok
Virtual CFO & Finance Support with my team - Young and Co Website
Work with me 1:1 - The Redesign
Join The High Profit Society™
The “One Big Beautiful Bill” was just signed into law - and it's going to have a real impact on your business and your taxes. In this episode, I’m walking you through what’s actually in the bill, clearing up common misconceptions I’ve seen online, and sharing the changes you need to know as a business owner.
We’ll talk about updated rules around bonus depreciation, the standard deduction, tax credits on tips, and child-related tax incentives - plus what’s going away (hint: EV tax credits). I’m also pulling back the curtain on what this bill signals about the national debt and why I believe long-term tax planning is more important now than ever.
🌱 Ready to grow beyond $10K months with strategy and structure?
Join The High Profit Society™️— our implementation-focused community for service-based business owners earning $5K–$10K/month and building toward sustainable, high-profit growth. Learn the model, make the moves, and get the support you need to scale without burnout.
💰 Already earning $20K-$100K+ months—but still not seeing it in your profit?
Start with a Profit Clarity Assessment. We’ll review your financials and goals, identify what’s keeping you stuck, and show you how to increase take-home income and scale with confidence.
Sources:
- The Power of Zero
- Tax Foundation
- Congressional Budget Office (CBO)
- Yale University Budget Lab: Long-Term Impacts of the One Big Beautiful Bill
In this episode, you’ll learn:
- 0:00 Why you should be careful how and where you are learning about this “One Big Beautiful Bill”
- 2:15 My thoughts on the rising federal deficit
- 6:30 The biggest small business tax updates you should know
- 11:25 Tax updates for individuals and how they could affect your business
- 18:40 Changes to savings accounts for kids (and what’s still unclear)
- 21:16 Thinking about taxes as a long game and building wealth accordingly
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Young and Co Website
- YouTube
- Millionaire Mondays Email Newsletter
Everyone loves to talk about quarterly planning like it’s just a checklist: revisit your goals, double down, push harder. But that’s not how I approach it - and honestly, that’s not what helps you scale sustainably.
In this episode, I’m bringing you behind the scenes of my actual Q3 planning process - what I’m focusing on in my business, what I’m letting go of, and where I’m choosing to spend my time and team energy. You’ll hear how I review data, evaluate visibility strategies, and reflect on what’s actually working.
Because growth isn’t just about offers or pricing. It’s about alignment, honest reflection, and knowing what to double down on - and what to walk away from. I’m sharing all of it with you here.
🌱 Ready to grow beyond $10K months with strategy and structure?
Join The High Profit Society™️— our implementation-focused community for service-based business owners earning $5K–$10K/month and building toward sustainable, high-profit growth. Learn the model, make the moves, and get the support you need to scale without burnout.
💰 Already earning $20K-$100K+ months—but still not seeing it in your profit?
Start with a Profit Clarity Assessment. We’ll review your financials and goals, identify what’s keeping you stuck, and show you how to increase take-home income and scale with confidence.
In this episode, you’ll learn:
- 0:00 How I actually plan for a new quarter
- 2:20 What’s working (and what I’m letting go of)
- 4:44 The power of drawing conclusions from data
- 8:27 What I learned from letting my team step up
- 12:07 Personal wins that matter more than metrics
- 18:30 My Q3 focus and the four tricks I’m trying
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Young and Co Website
- YouTube
- Millionaire Mondays Email Newsletter
As business owners, we’re constantly managing pressure from all sides: an unpredictable economy, shifting algorithms, AI disruption, and a never-ending need to show up. And when things feel unstable, it’s easy to slip into survival mode: hustle harder, push through, pretend you’re fine. But that’s not leadership - and it’s definitely not sustainability. In this episode, I’m sharing what it looks like to lead from a place of alignment - starting with how I tap into my “rich lady” energy to make calm, confident, long-term decisions. We’ll talk about the misalignment that fuels chaos, the mindset shift that changes everything, and the powerful leadership skill that helps you stay grounded and in control - no matter what’s happening outside your business.
🌱 Ready to grow beyond $10K months with strategy and structure?
Join The High Profit Society™️— our implementation-focused community for service-based business owners earning $5K–$10K/month and building toward sustainable, high-profit growth. Learn the model, make the moves, and get the support you need to scale without burnout.
💰 Already earning $20K-$100K+ months—but still not seeing it in your profit?
Start with a Profit Clarity Assessment. We’ll review your financials and goals, identify what’s keeping you stuck, and show you how to increase take-home income and scale with confidence.
In this episode, you’ll learn:
- 0:00 Protecting your wealth + authenticity when the world feels chaotic
- 3:39 The cost of misalignment in your business (mini client case study)
- 7:28 Why radical accountability is the missing link in uncertain times
- 10:00 How to step into radical accountability as the leader of your business
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Young and Co Website
- YouTube
- Millionaire Mondays Email Newsletter
If your business stops the second you do, you don’t have a business. You have a very expensive job. Wealth and financial freedom aren’t about how much you make, they’re about how much choice you have. True freedom is the ability to go deep with your clients, or take a step back, without your revenue or team falling apart in your absence. And as we roll into summer, I know stepping away might sound like a luxury you can’t afford. In this episode, I share the tactical ways you can create time freedom in your calendar this summer to take some much-deserved time off… without your business falling apart.
🌱 Ready to grow beyond $10K months with strategy and structure?
Join The High Profit Society™️— our implementation-focused community for service-based business owners earning $5K–$10K/month and building toward sustainable, high-profit growth. Learn the model, make the moves, and get the support you need to scale without burnout.
💰 Already earning $20K-$100K+ months—but still not seeing it in your profit?
Start with a Profit Clarity Assessment. We’ll review your financials and goals, identify what’s keeping you stuck, and show you how to increase take-home income and scale with confidence.
Links mentioned:
- Watch Ep. 140: How I’m Taking Time Off From My Business This Summer
- Watch Ep. 183: The Real Risk of Doing It All Yourself (And The 10/80/10 Rule That Fixes It)
In this episode, you’ll learn:
- 0:00 Why taking time off feels impossible, but might be exactly what your business needs
- 2:15 What elite athletes understand about recovery that CEOs need to embrace
- 8:09 The 4 reasons why business owners feel they can’t step away (and what to do about them)
- 9:33 Fix #1: The leadership shift that will change everything
- 11:59 Fix #2: How your pricing and offers are keeping you overloaded
- 14:19 Fix #3: Making space in your calendar without losing revenue
- 15:43 Fix #4: Conquering boredom and actually enjoying your rest
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Young and Co Website
- YouTube
- Millionaire Mondays Email Newsletter
As the CEO of your business, you can wear all of the hats - but that doesn’t mean you should. If you're the one holding everything together, you're also the one holding things back. The truth is, bottlenecks are keeping you from scaling your business, whether that bottleneck is you or someone on your team. In this episode, I’m breaking down the 10/80/10 Rule and how to use it to delegate effectively, foster a collaborative team environment, and create a business that doesn’t fall apart when you take a step back. Tune in to learn how to delegate smarter and scale sustainably.
🌱 Ready to grow beyond $10K months with strategy and structure?
Join The High Profit Society™️— our implementation-focused community for service-based business owners earning $5K–$10K/month and building toward sustainable, high-profit growth. Learn the model, make the moves, and get the support you need to scale without burnout.
💰 Already earning $20K-$100K+ months—but still not seeing it in your profit?
Start with a Profit Clarity Assessment. We’ll review your financials and goals, identify what’s keeping you stuck, and show you how to increase take-home income and scale with confidence.
Resources mentioned:
- Traction by Gino Wickman
- Rocket Fuel by Gino Wickman and Mark C. Winters
In this episode, you’ll learn:
- 0:00 Why doing everything yourself is hurting your business
- 1:46 What happened when my client delegated her sales process to her time
- 4:17 The risk of any one person being solely responsible for a single part of your operations
- 5:35 The EOS Visionary/Integrator method
- 7:12 The 10/80/10 Rule for optimal team delegation
- 12:15 How my Profit Clarity Assessment can help you apply the 10/80/10 rule
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Young and Co Website
- YouTube
- Millionaire Mondays Email Newsletter
Do you have $50k, $250k, or even $500k saved up… but still find yourself spiraling about money? You’re not alone. In this episode, I’m talking directly to the high earners who still feel like it’s not enough. Whether it’s decision fatigue, the fear of making the wrong move, or the weight of running a growing business, financial pressure doesn’t always go away with more revenue. In fact, sometimes it gets louder. I’ll walk you through why scaling doesn’t have to come with burnout, the three things you need to eliminate financial anxiety as a CEO, and why having a clear roadmap for the next 1–5 years is key to long-term security and peace. This one’s for the business owner who’s doing well on paper—but still can’t sleep at night. Let’s change that.
🌱 Ready to grow beyond $10K months with strategy and structure?
Join The High Profit Society™️— our implementation-focused community for service-based business owners earning $5K–$10K/month and building toward sustainable, high-profit growth. Learn the model, make the moves, and get the support you need to scale without burnout.
💰 Already earning $20K-$100K+ months—but still not seeing it in your profit?
Start with a Profit Clarity Assessment. We’ll review your financials and goals, identify what’s keeping you stuck, and show you how to increase take-home income and scale with confidence.
In this episode, you’ll learn:
- 0:00 Why you don’t have to have a 7-figure business to have wealth and security
- 3:03 Two reasons you’re feeling financial pressure
- 7:00 Step One: Build your skillset
- 8:20 Step Two: Build in more predictability
- 10:22 Step Three: Don’t be afraid of the worst case scenario
- 13:20 How my Profit Clarity Assessment will help relieve this pressure
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Young and Co Website
- YouTube
- Millionaire Mondays Email Newsletter
If you only had more revenue, it would solve all of your problems, right? Not quite. I recently had a conversation with an 8-figure business experiencing tons of stress and anxiety about the financial health of their business. If you’re as burned out on your business as they are, it’s easy to think that more revenue will magically relieve your stress and give you more time back, but unfortunately that’s not the case. In this episode, I unpack the underlying problems in your business that more revenue - even $100K revenue months - are not going to solve, and what you can do instead to troubleshoot them.
🌱 Ready to grow beyond $10K months with strategy and structure?
Join The High Profit Society™️— our implementation-focused community for service-based business owners earning $5K–$10K/month and building toward sustainable, high-profit growth. Learn the model, make the moves, and get the support you need to scale without burnout.
💰 Already earning $20K-$100K+ months—but still not seeing it in your profit?
Start with a Profit Clarity Assessment. We’ll review your financials and goals, identify what’s keeping you stuck, and show you how to increase take-home income and scale with confidence.
Links mentioned:
- Watch Episode 176: Why $50K Months Still Feel Heavy - and What To Do To Get Unstuck
In this episode, you’ll learn:
- 0:00 A recent client story that showed me high revenue doesn’t equal less stress
- 3:03 Problem #1: Razor-thin financial margins
- 5:56 Problem #2: Low time & energy margins
- 9:33 My 3-step process for creating structure to increase margins
- 12:50 How my Profit Clarity Assessment will increase your margins across the board
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Young and Co Website
- YouTube
- Millionaire Mondays Email Newsletter
Saying you want to grow your business to the next level is one thing, and actually growing is another. Growth can be incredibly uncomfortable, and my guest, Kelly Marshall, knows that feeling all too well. Kelly has been in the High Profit Society for over a year to get support with growing her business, TerraCare Financial. In this episode, Kelly shares how she faced internal resistance to growth by taking consistent action and leaning on the community for support, all in pursuit of becoming the CEO she was meant to be.
💰For more resources, a supportive community of business owners, and monthly trainings and coaching, join The High Profit Society!
Kelly Marshall gets to help conscious business owners take charge of their finances, ease their money worries, grow healthy and profitable businesses, and - ultimately - gain the freedom to focus on what they truly love. She is a bookkeeper and financial coach for women with conscious service businesses. Kelly uses her strong intuition, innovation & compassionate nature to inspire her clients to step into a higher vision of what they can be & do.
Connect with Kelly:
- TerraCare Financial Website
- Prosperous and Profitable Facebook Group
In this episode, you’ll learn:
- 0:00 Kelly’s realization that she was “stuck” in her business and needed support
- 6:15 How she crafted new offers to deliver more value at a higher price point
- 13:10 The mindset shifts that were needed to push through the scary parts of growth
- 15:10 Why quarterly planning was a game changer for Kelly’s business
- 25:36 How Kelly has changed over the last year in High Profit Society
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- YouTube
- Millionaire Mondays Email Newsletter
- Young and Co Website
If you’re tired of throwing money at paid ads, posting on social media constantly, or spending hours on sales pages - all with no conversions - this episode is for you! In the last video of the Double Your CEO Paycheck series, we’re talking about whether your lead generation strategy is your bottleneck to growth. I’m sharing the four most effective marketing strategies that have worked for me, my business, and my clients. Let’s round out this series with tactical strategies to make more sales and finally double your CEO paycheck!
💰My FREE 5-Day Profit Plan Challenge happening now, May 12th-16th, and it’s not too late to join! My attendees last year had such great results, so I’m so pumped to bring it back for you this year! Visit https://trustyoungco.com/challenge/ to sign up for the challenge today!
💰For more resources, a supportive community of business owners, and monthly trainings and coaching, join The High Profit Society!
Links mentioned:
- Watch the Double Your CEO Paycheck Series on YouTube!
- Watch Next: The Only Sales Funnel You Need to Close High-Ticket Sales
In this episode, you’ll learn:
- 0:00 How to tell if lead generation is a bottleneck in your business
- 7:47 Marketing Strategy 1: Messaging
- 10:14 Marketing Strategy 2: Visibility
- 13:47 Marketing Strategy 3: Nurturing Content
- 15:11 Marketing Strategy 4: Sales
- 17:34 Your action items & key takeaways
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- YouTube
- Millionaire Mondays Email Newsletter
- Young and Co Website
Let’s be honest: you can’t double your CEO paycheck if you’re avoiding sales. When you believe in your offer and know the transformation it provides, not selling it is actually doing your audience a disservice. In this episode, I’m helping you shift your mindset from “selling is pushy” to “selling is serving.” We’ll work through the most common fears that hold entrepreneurs back and flip the script so you can show up with confidence. I’ll also give you five practical, non-sleazy ways to sell that I’ve seen work again and again in my own business and with clients. If you’re ready to make a bigger impact and grow your income, tune in!
💰My 5-Day Profit Plan Challenge is coming up on May 12th-16th, and it’s totally free! My attendees last year had such great results, so I’m so pumped to bring it back for you this year! Visit https://trustyoungco.com/challenge/ to sign up for the challenge today!
Links mentioned:
- Watch Episode 175: Get Off the Cashflow Hamster Wheel for Good | Double Your CEO Paycheck Pt. 1
- Watch Episode 176: More Revenue Won’t Make You Less Stressed… Here’s Why You’re Stuck | Double Your CEO Paycheck Pt. 2
- Watch Episode 177: Your Offer Isn’t Pulling Its Weight… Here’s How to Make Your Offer An Asset | Double Your CEO Paycheck Pt. 3
In this episode, you’ll learn:
- 0:00 Why business owners aren’t selling on a consistent basis
- 5:00 The difference between posting content and actively selling to your audience
-
9:03 The fears that may arise when you’re selling - and how to face them
-
- 11:12 Mindset shifts to reframe selling to serving
- 13:50 Five tried and true ways to sell that are fun and effective
- I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
* YouTube
* Instagram
* Facebook
* Millionaire Mondays Email Newsletter
* Young and Co Website
If your goal is to build a million-dollar business, you cannot treat your offer like a freelance gig. This week, we’re exploring what it means to turn your offer into a true business asset that increases your income, streamlines your sales, and sets your business up for long-term growth. We’ll walk through 5 key steps to help you design an offer that drives profitability and sustainability. When your offer is structured intentionally, it doesn’t just make you more money—it simplifies your entire sales and lead generation process. Let’s stop leaving money on the table and start thinking bigger!
💰My 5-Day Profit Plan Challenge is coming up on May 12th-16th, and it’s totally free! My attendees last year had such great results, so I’m so pumped to bring it back for you this year! Visit https://trustyoungco.com/challenge/ to sign up for the challenge today!
Links mentioned:
- Watch Episode 175: Get Off the Cashflow Hamster Wheel for Good | Double Your CEO Paycheck Pt. 1
- Watch Episode 176: More Revenue Won’t Make You Less Stressed… Here’s Why You’re Stuck | Double Your CEO Paycheck Pt. 2
- Watch Episode 159: Breaking Through an Income Ceiling | This episode has a great guided visualization exercise!
In this episode, you’ll learn:
- 0:00 Stepping out of an employee mindset and into a millionaire mindset
- 6:41 Step 1: Beginning with the end result in mind
- 8:52 Step 2: Designing a framework
- 11:26 Step 3: Limiting customization
- 13:31 Step 4: Nailing down your pricing and team efficiency
- 15:25 Step 5: Improving your offer efficiency and client experience
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- YouTube
- Millionaire Mondays Email Newsletter
- Young and Co Website
“Once I’m making more money, then I’ll finally be able to breathe.” This is something I’ve heard so many times from clients and fellow CEOs, and unfortunately, that’s not really how it works. The good news? You are still in the driver’s seat of your business and your life, so you get to shift your mindset and systems to find more peace and happiness right where you are. This episode is all about getting your mind right so you can make the moves needed to double your paycheck… without doubling your stress.
💰My 5-Day Profit Plan Challenge is coming up on May 12th-16th, and it’s totally free! My attendees last year had such great results, so I’m so pumped to bring it back for you this year! Visit https://trustyoungco.com/challenge/ to sign up for the challenge today!
Links mentioned:
- Watch Episode 175: Get Off the Cashflow Hamster Wheel for Good | Double Your CEO Paycheck Pt. 1
- Watch Episode 159: Breaking Through an Income Ceiling | This episode has a great guided visualization exercise!
In this episode, you’ll learn:
- 0:00 The myth that having more revenue will make you feel better
- 2:50 Step 1: Identify your current limiting beliefs
- 5:42 Step 2: Connecting your limiting beliefs to your current results
- 8:11 Step 3: Getting into the mindset of the millionaire CEO version of you
- 11:18 Recapping your next CEO action steps
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- YouTube
- Millionaire Mondays Email Newsletter
- Young and Co Website
Welcome to the first episode in my new Double Your CEO Paycheck series! If you’ve ever felt stuck in the cash flow hamster wheel—always working, always hustling, but not seeing the payoff—this episode is your first step toward freedom. We’re diving into the mindset shifts that high-earning CEOs embrace to build real, lasting profitability.
I’ll share why people tend to get stuck on the cash flow hamster wheel, then I’ll walk you through four powerful journal prompts to uncover what you actually love doing, what feels effortless, and what brings in the most money. If you're ready to get creative about your challenges instead of stuck in what you can’t do, this one’s for you.
💰Heads up! My Profit Plan Challenge is coming up this May, and it’s totally free. Stay tuned to this Double Your CEO Paycheck series for the sign up info coming soon!
💰What’s your next step to growing your business, profits, and wealth? Book your free Financial Health Assessment 1:1 with me to uncover your next step and take empowered action! http://trustyoungco.com/financialhealth
Links mentioned:
- Listen to Episode 35: Why $250K is the new $100K
- 10x Is Easier Than 2x by Dan Sullivan and Dr. Benjamin Hardy
- The Big Leap by Gay Hendricks
In this episode, I cover:
- 0:00 Introducing the Double Your CEO Paycheck series
- 3:00 The reasons you’re still on the hamster wheel
- 8:35 Journal prompts to help you uncover your zone of genius
- 11:10 Fears that can arise when you make a quantum leap
- 13:31 The #1 thing you can do to get off of the hamster wheel
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Young and Co Website
- YouTube
- Millionaire Mondays Email Newsletter
What’s the deal with Trump’s tariffs? Should small business owners be panicking? Are you already panicking?
In this episode, we’re tackling the economic uncertainty head-on with clarity, calm, and some much-needed historical context. I’ll break down the basics on tariffs, recessions, and what the S&P 500 can tell us about where we’re headed. You’ll hear how resilient entrepreneurs have thrived through past downturns and how you can adopt their mindset, too. Most importantly, I’ll share six actionable steps to help you stay steady, smart, and strategic no matter what the economy throws your way. Let’s turn fear into focus and uncertainty into opportunity.
💰What’s your next step to growing your business, profits, and wealth? Book your free Financial Health Assessment 1:1 with me to uncover your next step and take empowered action! http://trustyoungco.com/financialhealth
Sources:
- AP: Trump announces sweeping new tariffs to promote US manufacturing, risking inflation and trade wars
- CNBC: JPMorgan raises recession odds this year to 60%
In this episode, I cover:
- 0:00 An overview of Trump's Tariffs and what they mean for our economy
- 7:44 What a recession actually is and a brief history of U.S. recessions
- 9:34 Quick analysis of the S&P 500 and the stock market decline
- 15:13 How we will get through these uncertain times together
- 20:09 The characteristics of business owners who thrive in economic uncertainty
- 24:00 Six strategies to help your business weather whatever comes
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Young and Co Website
- YouTube
- Millionaire Mondays Email Newsletter
How many clients do you actually need to take home a six-figure paycheck? In this episode, I’m breaking down the exact formula I share with my High Profit Society clients to help them reach their income goals—without jeopardizing their wellbeing. We’ll walk through a simple three-step process to calculate the right business plan for your specific needs, factoring in taxes, expenses, and team costs. Yes, there’s a little math involved (as always), but stick with it, and you’ll see how my clients have reached their goals faster than they ever expected. Plus, I’ll give you key questions to ask yourself along the way to ensure you’re building a sustainable, profitable business. Let’s dive in!
💰What’s your next step to growing your business, profits, and wealth? Book your free Financial Health Assessment 1:1 with me to uncover your next step and take empowered action! http://trustyoungco.com/financialhealth
Resources mentioned:
- Grab my free Sales Plan & Pricing Tool
- Episode 171: The Mindset Blocks That Are Causing You to Earn Less Money
- Episode 169: How to Identify Where Your Money Is Coming From
- Episode 172: Q2 Plan With Me | Reflections + My Q2 Business and Personal Goals
- High Ticket Offers for Max Profits | YouTube Playlist
In this episode, I cover:
- 0:00 Picturing the client structure you need & proof that it works
- 3:28 Step #1: Assessing your current revenue statistics
- 4:56 Step #2: Calculating your revenue target
- 10:04 Step #3: Figuring out how many clients you need
- 12:39 The questions you must ask yourself to hit that target
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Young and Co Website
- YouTube
- Millionaire Mondays Email Newsletter
As we wrap up the first quarter of 2025, it's time to take a step back and reflect—without judgment—on what worked, what didn’t, and where we can improve. In this episode, I’ll walk you through my own Q1 review, including the unexpected challenges I faced (hello, being sick for weeks!) and how I navigated them with grace.
We’ll also discuss how shifts in the economy, especially with the election, impacted business performance. I’ll walk you through how I use my quarterly data to set realistic and strategic sales goals for the next quarter. If you want to refine your approach to goal-setting and ensure you’re building a business that works for you, this episode is for you!
💰What’s your next step to growing your business, profits, and wealth? Book your free Financial Health Assessment 1:1 with me to uncover your next step and take empowered action! http://trustyoungco.com/financialhealth
Resources mentioned:
- Working on your own quarterly planning? Grab my free Sales Plan & Pricing Tool to help you make sure your pricing is profitable!
In this episode, I cover:
- 0:00 Real talk about prioritizing CEO planning, even in busy seasons
- 3:26 Some of my biggest wins of Q1
- 11:33 Reflection on my Q1 goals & what path I need to take forward
- 15:22 Sharing my vision & values for Q2
- 19:33 Setting my financial goals for the quarter
- 25:14 My business goals for Q2
- 31:02 My personal goals for Q2
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Young and Co Website
- YouTube
- Millionaire Mondays Email Newsletter
Do you ever feel like you’re not earning as much as you should be? You might think the solution lies in business strategies and growth hacks—but what if the real issue is your mindset? In this episode, we’ll explore some potential underlying beliefs that could be holding you back financially. I’ll walk you through four powerful journal prompts to help you uncover these mindset blocks, followed by three practical strategies to shift your perspective and start overcoming the patterns that contribute to underearning. If you’re ready to break through these mental limitations and transform your relationship with wealth, be sure to tune in!
Episode mentioned:
💰 Episode 159: Breaking Through an Income Ceiling
________________________________
📚 Recommended Resources:
Join The High Profit Society™️
The High Profit Society empowers you to build wealth with a supportive community and proven framework so you can confidently grow your business and achieve financial freedom.
Book a 1:1 Financial Health Assessment
Tell us about your goals and send over your financials, and we’ll identify exactly what you need to create a high profit, freedom-focused business model.
Create Your Million Dollar Wealth Map
Grab my free step-by-step wealth building plan for entrepreneurs to get started on your journey to growing your business, profits, and bank account.
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📺 Watch Next
I Almost Quit… | The Identity Shift That Will Take You To The Next Revenue Level and Beyond
The Weekly Planning Routine That Supports My Business & Personal Life
________________________________
⏱️ Time Stamps
0:00 What under-earning actually is… and what it isn’t
4:02 Journal prompts to uncover your money mindset blocks
6:41 Sharing my own personal mindset block
11:27 Three tips to shift your money mindsets
16:44 Your next action steps + how I can help!
________________________________
👩🏻💻 About Sarah Young https://www.instagram.com/itssarahyoung
Sarah is an entrepreneur, investor, podcast host, and advisor on a mission to help women business owners scale their businesses, reclaim their time, and achieve financial independence. With her team at Young and Co, she empowers women to grow profitable businesses that align with their values and lead to financial and time freedom - all without sacrificing their health, family, or joy.
Sarah’s approach focuses on scaling with a profitable business model, optimizing business strategy, and building wealth with ease and confidence. Her actionable insights help overwhelmed business owners transition into thriving, profitable CEOs who can live life on their own terms.
When she’s not helping women achieve their biggest goals, Sarah loves spending time with her husband and son, exploring health and wellness, and dreaming big about what’s next.
Once you start paying yourself consistently from your business, what do you do next? This is a great situation to be in, and I’m excited that you’re here to set some next-level money goals! Building your net worth is the next logical step once you’re earning the income you want from your business, and in this episode, we’ll walk through the steps to do just that.
💰What’s your next step to growing your business, profits, and wealth? Book your free Financial Health Assessment 1:1 with me to uncover your next step and take empowered action! http://trustyoungco.com/financialhealth
Resources mentioned:
- Watch Episode 125: The Weekly Planning Routine That Supports My Business & Personal Life
In this episode, I cover:
- 0:00 Stepping into the driver’s seat of your financial future
- 3:49 Assessing your goals and values to figure out your path to wealth
- 6:30 My Wealthy CEO Framework steps to protect your financial future
- 11:24 Your action items for this week
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Young and Co Website
- YouTube
- Millionaire Mondays Email Newsletter
Where does your revenue actually come from… and how can you make more? In this episode, we’re diving into the key data analytics I use to track revenue streams, the crucial questions I ask to interpret the numbers, and real-life examples of how I’ve applied these strategies at Young and Co. I’ll also break down how tools like ChatGPT and the Pareto principle can make this process easier and more effective. If you’re ready to focus on the true revenue drivers for your business, this episode is for you!💰What’s your next step to growing your business, profits, and wealth? Book your free Financial Health Assessment 1:1 with me to uncover your next step and take empowered action! http://trustyoungco.com/financialhealth
Resources mentioned:
- Watch Episode 125: The Weekly Planning Routine That Supports My Business & Personal Life
In this episode, I cover:
- 0:00 Focusing on the money-makers and avoiding shiny object syndrome
- 1:40 Why profitability is more important than revenue
- 3:04 Step 1: Looking at your sales records in your accounting system
- 5:00 Step 2: Calculating the profitability of each offer
- 8:11 Step 3: Gathering sales data on revenue vs. profitability for each offer
- 9:41 Implementing the 80/20 to make more money
- 12:37 Your action items for this week
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Young and Co Website
- YouTube
- Millionaire Mondays Email Newsletter
If you have big goals for your business, there’s one weekly practice you can’t afford to skip: a CEO date with yourself. In this episode, we’ll talk about how stepping out of the daily grind to focus on your roadmap and key analytics can help you drive long-term success. It’s a key component of my 90-day profit plan, which means if you’re skipping your weekly CEO days, you’re leaving money on the table. Plus, I’ll share common roadblocks—like time and fear—that often hold women back, and give you practical strategies to overcome them. Don’t miss this chance to take control of your business growth!💰What’s your next step to growing your business, profits, and wealth? Book your free Financial Health Assessment 1:1 with me to uncover your next step and take empowered action! http://trustyoungco.com/financialhealth
Resources mentioned:
- Watch Episode 162: Q1 Planning Day BTS | Goal Setting, Vision Casting, and Recapping My Hardest Year in Business Yet
In this episode, I cover:
- 0:00 The practice that will move your business forward every week
- 3:17 Roadblock #1: Not making time
- 4:36 Urgent work vs. important work
- 7:39 Roadblock #2: Fear of what you’ll find
- 9:05 Embracing data with a growth mindset
- 10:13 Your action plan for your next CEO day
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Young and Co Website
- YouTube
- Millionaire Mondays Email Newsletter
In today’s episode, I’m breaking down the four key metrics I use to assess a business’s health and ensure sustainable growth. From evaluating profit margins to tracking consistent lead generation, these insights will help you get a clear picture of where your business stands. I’ll also dive into how factors like industry differences can impact these numbers and what to consider when benchmarking your data. Tune in to make empowered, data-driven decisions for your business!💰What’s your next step to growing your business, profits, and wealth? Book your free Financial Health Assessment 1:1 with me to uncover your next step and take empowered action! http://trustyoungco.com/financialhealth
Resources mentioned:
- Watch Episode 82: Increase your gross profit margin to boost your cash flow
In this episode, I cover:
- 0:00 Why a financial health check-in supports sustainable business growth
- 1:00 Metric #1: Overall Profit Margin
- 3:06 Metric #2: Calculating Gross Profit
- 4:53 Metric #3: Consistent Revenue & Lead Generation
- 6:30 Metric #4: Your Cash & Debt Balances
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Young and Co Website
- YouTube
- Millionaire Mondays Email Newsletter
Your team can make or break your business growth—but how do you build one that truly drives profit? In this episode, we’ll dive into the key strategies for creating and sustaining a team that supports long-term success. I’ll break down common trends like downsizing, hiring mistakes, and the smart shifts I’ve made to optimize my own team. Plus, I’ll walk you through capacity and utilization calculations so you can make data-backed decisions that keep your business thriving!
💰What’s your next step to growing your business, profits, and wealth? Book your free Financial Health Assessment 1:1 with me to uncover your next step and take empowered action!http://trustyoungco.com/financialhealth
Resources mentioned:
-
- Download my FREE Sales Plan & Pricing Tool
- Listen to Episode 102: Growing Your Team When You're at Capacity In this episode, I cover:
-
0:00 Why a lean and sustainable team means more profit
- 2:05 The biggest team mistakes I see that are tanking profits
- 6:14 How to calculate your team’s capacity
- 11:03 Client case studies on improving team capacity and utilization
- 15:34 How to apply these concepts to your own team
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Young and Co Website
- YouTube
- Millionaire Mondays Email Newsletter
Are you leaving money on the table, or are you overspending on marketing efforts that aren’t giving ROI? You won’t know unless you track these seven key metrics.
In this episode, I break down the essential numbers every service-based business owner needs to monitor to scale smarter—covering everything from sales conversion rates to cash flow. I’ll also share how my background in data reporting transformed my approach to growth strategies and why my clients are seeing major shifts by keeping a close eye on these numbers. Stay tuned to learn how to make data-driven decisions that fuel sustainable success!💰 What’s your next step to growing your business, profits, and wealth? Book your free Financial Health Assessment 1:1 with me to uncover your next step and take empowered action! http://trustyoungco.com/financialhealth
Resources mentioned:
- Watch my FREE COURSE on YouTube to scale your business sustainably!
In this episode, I cover:
- 0:00 Why tracking key metrics will help you scale smarter
- 2:16 Metric 1: Your total sales numbers, categorized by offer
- 3:35 Metric 2: Gross Profit
- 4:57 Metric 3: Lifetime Value of your clients
- 11:10 Metric 4: Customer Acquisition Cost
- 13:25 Metric 5: Net Profit & Seller’s Discretionary Earnings
- 14:20 Metric 6: Cash flow, AKA how much runway you have
- 15:00 Metric 7: Leading metrics that help you predict future revenue
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Sarah Young Website
- YouTube
- Millionaire Mondays Email Newsletter
- Young and Co Website
Running a profitable service-based business is a six-figure job, so it’s time to pay yourself accordingly. In this episode, we’re going to dive into my 3-part Wealthy CEO Framework to scale your business in a way that’s sustainable and profitable. This episode is jam-packed with actionable information, but don’t get overwhelmed! Stick around until the end where I break down the 1% rule for making a little bit of progress every day. What’s your next step to growing your business, profits, and wealth? Book your free Financial Health Assessment 1:1 with me to uncover your next step and take empowered action! http://trustyoungco.com/financialhealth
Resources mentioned:
Watch my FREE COURSE on YouTube to scale your business sustainably!
In this episode, I cover:
0:00 Why going viral is overrated, and what I’m doing to grow instead
5:00 Part 1: My High Profit Business Strategy
8:48 Part 2: Sustainable Growth Systems
14:53 Part 3: Wealthy CEO Mindset & Money
17:13 How to pace yourself to make sustainable progress with this framework
19:36 Your 90-Day Profit Plan map
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
YouTube
Millionaire Mondays Email Newsletter
Young and Co Website
What comes to mind when you think of the word “millionaire?” Typically, it’s not the most friendly or positive image. My newest goal is to help 100 women become millionaires, which starts with helping you reframe your idea of what it means to be a millionaire. In this episode, I share five things that are holding you back from attaining this financial goal. Money is not inherently bad; it’s a tool that helps us make our dream life possible.
Are you looking for more information on building wealth with your business? Sign up for my free email newsletter, Millionaire Mondays!
In this episode, I cover:
- 0:00 Why we need to reframe our idea of what a “millionaire” looks like
- 3:35 Regaining focus on your businesses goals
- 6:14 Understanding the profitability you need to have to build wealth
- 9:43 How financial literacy is the key to becoming a millionaire
- 14:18 Stepping out of the “self employed” mindset and into your CEO role
- 16:46 Lack of a vision or purpose for your business will stagnate growth
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Sarah Young Website
- YouTube
- Millionaire Mondays Email Newsletter
- Young and Co Website
It’s the most wonderful time of the year: planning your vision and goals for the upcoming year! You guys have loved my planning videos in 2024, so in this episode, I’m doing a more in-depth recap of my year as a whole before sharing my planning process for Q1 2025. I cover my wins, what was challenging about this year, and how I’m prioritizing my goals for the next quarter. Grab a cup of coffee and your notebook, and let’s plan our goals together!
Are you looking for more information on building wealth with your business? Sign up for my free email newsletter, Millionaire Mondays!
Links mentioned:
- Watch Ep. 153: Quarterly Planning | Reflecting on Q3, My Goals and Priorities for Q4, & Changes to My Planning Process
In this episode, I cover:
- 0:00 Getting set up for my Q4 planning day
- 3:10 My biggest wins of the last quarter and 2024 overall
- 14:04 Reviewing my goals from Q3 and what I did & didn’t accomplish
- 21:07 Behind the scenes of my hardest year in business
- 24:20 Vision casting for 2025 with my values at the forefront
- 26:57 Setting my goals for Q1 2025 based on the my vision for the year
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Sarah Young Website
- YouTube
- Millionaire Mondays Email Newsletter
- Young and Co Website
And now, it's time for our #1 most downloaded episode of 2024 - drumroll, please! Okay, you already saw the title but it's my Identify Shift episode where I shared the mindset shifts I needed to make to scale to the next revenue level. This being the most downloaded episode of the year tells me you might be struggling with this shift, too, but 2025 will be the year you make that leap 🙌 Happy New Year!
I’ve been an entrepreneur for five years, and there have been two distinct seasons in my business where I hit huge roadblocks - both mentally and financially. In this episode, I’m sharing what caused the roadblocks (spoiler: it’s me, hi!), how I shifted my identity in those seasons to push past them, and how you can do the same to move past your own roadblocks in your business.
Are you looking for more information on building wealth with your business? Sign up for my free email newsletter, Millionaire Mondays!
In this episode, you’ll learn:
- 0:00 Where I hit the biggest roadblocks in my business
- 0:57 Why $10K months are harder to sustain than people think
- 1:50 How your identity is keeping you stuck in your business
- 4:30 The tactical questions to ask yourself to push past your roadblocks
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Sarah Young Website
- YouTube
- Young + Co Website
We're back with our runner-up for the most downloaded episode of 2024: my weekly planning routine! This is another great episode to help you think about the planning rituals that will support intentional growth in your business (and personal life!) this year. Happy planning!
I’ve covered my quarterly planning process on the podcast, but my 30-minute weekly planning routine is what keeps me on track for my quarterly goals. In this episode, I’m sharing the three components of my routine and how you can implement them into your planning this week.
Are you looking for more information on building wealth with your business? Sign up for my free email newsletter, Millionaire Mondays!
Resources mentioned:
- Sign up for the High Profit Society waitlist!
In this episode, you’ll learn:
- 0:00 The surprising way I learned this planning process
- 2:48 Maintaining a scorecard of your key metrics
- 4:00 Revisiting your cash forecast for the upcoming months
- 4:57 Prioritizing the tasks that will move you forward this week
- 6:48 Time blocking your calendar to make time for those tasks
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Sarah Young Website
- YouTube
- Young + Co Website
Over the next few weeks, I'm sharing the most downloaded and watched episodes of 2024, starting with #3: five millionaire habits you can start implementing today. This is the perfect episode to help you set some intentional habits for the new year! I hope you have an amazing holiday break with your friends and family!
About 10 years ago, I found myself leaving a toxic marriage with $55K in debt and less than $1,000 in cash. Today, I run a 7-figure business, I have a net worth of $1.2 Million (and counting), and I’m in a healthy and fulfilling marriage. In this episode, I’m sharing five millionaire habits you can start implementing today to achieve millionaire status and the freedom that comes with it.
Are you looking for more information on building wealth with your business? Sign up for my free email newsletter, Millionaire Mondays!
In this episode, I cover:
- 0:00 My story of going from $55K in debt to $1.2M net worth
- 1:43 How your checking account is losing you money
- 2:31 Reviewing your cash flow plan weekly
- 3:18 Utilizing credit cards for cash rewards
- 4:02 Avoiding debt as a way to cover expenses
- 4:46 Keeping an eye out for opportunities to invest
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Sarah Young Website
- YouTube
- Young + Co Website
Operating from fear is not always obvious. It can sneak up on us in the form of anxiety, self-doubt, putting ourselves in a box, or setting goals that don’t challenge you. In this episode, I’m sharing how I see fear show up in my clients’ businesses - and in my own business - and how you can take steps to face those fears head on so you can step into the empowered, millionaire version of yourself.
💰Need help figuring out the next step to grow your business, profits, and wealth? Apply for my free High Profit Business Strategy Assessment to uncover the opportunities in your business strategy that will help you work smarter, earn more, and build the freedom you’ve been working so hard for!
Links mentioned:
- Watch Ep. 33: I Left a Toxic Marriage with $55K in Debt… My Personal Money Story
In this episode, I cover:
- 0:00 Breaking free from self-imposed limits and embodying your “rich lady” self
- 3:12 Signs that fear is creeping up on your business
- 7:32 Anchoring back in to your vision + the power of deeply held beliefs
- 11:33 Allowing ourselves to feel and process fear without being consumed by it
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Sarah Young Website
- YouTube
- Millionaire Mondays Email Newsletter
- Young and Co Website
Most entrepreneurs are overachievers, and there’s a phrase we hate to hear when we’re hard at work: “you’re doing too much.” But today I’m not talking about your overall workload (though that’s important to manage, too!). I’m talking about your services and how many different ideal clients you’re targeting with each one. In this episode, I share why focusing on one type of ideal client and getting really good at one core service will supercharge your profitability.
💰Need help figuring out the next step to grow your business, profits, and wealth? Apply for my free High Profit Business Strategy Assessment to uncover the opportunities in your business strategy that will help you work smarter, earn more, and build the freedom you’ve been working so hard for!
In this episode, you’ll learn:
- 0:00 How we get caught up in the trap of new ideas
- 3:55 What the four stages of competence show us about doing too much
- 8:01 Finding balance between a big, creative vision and staying focused
- 9:26 How to get focused if you’ve realized you’re doing too much
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Sarah Young Website
- YouTube
- Millionaire Mondays Email Newsletter
- Young and Co Website
Hitting your highest revenue months yet is so exciting - until you struggle to break past that ceiling. In this episode, I share how to overcome the frustrating block of an income ceiling to unlock the next level of revenue for your business. Plus, I share more behind-the-scenes of buying another business last year and how it helped me realize the biggest causes of income ceilings in businesses.
The gift of business growth is coming straight to your inbox! Sign up for my free 12 Days of Business Growth email series for strategic, actionable tips sent to you daily, plus an exclusive offer from me every single day!
Links mentioned:
- 10X is Easier Than 2X by Dan Sullivan & Dr. Benjamin Hardy
- Get my sales planning and pricing tool inside of Offers That Scale
In this episode, you’ll learn:
- 0:00 What an income ceiling is and when I’ve faced them in my business
- 4:15 Visualization exercise to notice feelings that come up around income
- 9:52 Top 3 reasons why you’re hitting an income ceiling
- 14:19 Action steps to break through your current income ceiling
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Sarah Young Website
- YouTube
- Millionaire Mondays Email Newsletter
- Young and Co Website
Have you ever gotten on a great sales call, wrapped it up with the prospect saying they’ll get back to you… only for you to end up ghosted or rejected via email? I’ve been there, but after perfecting my sales objection strategy, my agency now has a 65-70% close rate on sales calls. In this episode, I’m sharing the three most common sales objections and how to address them head-on to improve your own sales call close rate.
Links mentioned:
- Watch Ep. 157: The Only Sales Funnel You Need to Close Leads
- CEO Shift Mini Course
- Offers That Scale
- High Profit Society
In this episode, you’ll learn:
- 0:00 The ethics of addressing sales objections
- 3:26 How sales calls usually end vs. how you should end them
- 5:40 Objection #1: Pricing
- 7:33 Objection #2: Time
- 10:25 Objection #3: Believeability
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Sarah Young Website
- YouTube
- Millionaire Mondays Email Newsletter
- Young and Co Website
Sales call, discovery call, free consultation - no matter what you call it, that initial call with a potential client is crucial for closing the sale. What if you provided so much value in that first call, it boosted the close rate of your high-ticket offers? In this episode, I’m showing you how to do just that through a microservice to build an intentional sales funnel that will help you land more clients.
Links mentioned:
- Watch my free CEO Shift Mini Course
In this episode, I cover:
- 0:00 Mapping out the microservice funnel
- 4:51 Why the microservice works for selling high-ticket sales
- 8:00 How to set up a microservice for your business
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Sarah Young Website
- YouTube
- Millionaire Mondays Email Newsletter
- Young and Co Website
We recently did an offer suite audit in the High Profit Society, and there was one throughline I noticed among a lot of the audits: not focusing on one type of client with all your offers. In this episode, I’m sharing why focusing your offer suite on one client avatar will help you increase your sales and scale your business faster.
Links mentioned:
- Get My Free CEO Shift Mini Course!
In this episode, you’ll learn:
- 0:00 What happens when you make different offers for different client avatars
- 3:16 The benefits of tailoring all your offers to one client avatar
- 5:02 What targeting your offer suite looks like in practice
- 10:25 How to revamp your offer suite to increase your revenue
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Sarah Young Website
- YouTube
- Millionaire Mondays Email Newsletter
- Young and Co Website
Doesn’t hearing the word “tax season” remind you of fun, cozy days in the sun? Of course it doesn’t! But in this episode, my goal is to get you thinking about ways you can be proactive now to avoid a headache this Spring. I’m sharing the biggest tax mistakes I’ve seen that have cost my clients hundreds of thousands of dollars, and how you can avoid those mistakes in your own business.
Are you looking for more information on building wealth with your business? Sign up for my free email newsletter, Millionaire Mondays!
Links mentioned:
- Download Our Free Tax Savings Menu
In this episode, you’ll learn:
- 0:00 Why now is a great time to start thinking about your tax bill
- 2:24 Missing out on tax deductions
- 6:36 Having inaccurate records
- 10:01 Huge, unexpected tax bills
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Sarah Young Website
- YouTube
- Millionaire Mondays Email Newsletter
- Young and Co Website
Have you ever wondered how wealthy people have so many income streams? One of their strategies is called “velocity of money,” and in this episode, I explain exactly how it works and how I’m implementing it into my own wealth strategy. If you want to create multiple, mostly passive income streams to build your wealth, this episode is for you!
Are you looking for more information on building wealth with your business? Sign up for my free email newsletter, Millionaire Mondays!
In this episode, you’ll learn:
- 0:00 What is the velocity of money?
- 5:50 How I’m using the velocity of money in my own wealth strategy
- 12:42 How you can maximize your velocity of money fund
- 15:57 The biggest think you need to focus on right now
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Sarah Young Website
- YouTube
- Millionaire Mondays Email Newsletter
- Young and Co Website
One of the most needle-moving processes in my business is my quarterly planning routine. I’ve done several quarterly planning videos that dive deep into the behind-the-scenes of my process, but in this episode I’m sharing my Q3 reflections including my wins, whether I hit my goals, what worked well, and the goals and habits I’m prioritizing in Q4.
Are you looking for more information on building wealth with your business? Sign up for my free email newsletter, Millionaire Mondays!
In this episode, you’ll learn:
- 0:00 The tweaks I’ve made to my quarterly planning process
- 2:32 My biggest wins from the last quarter
- 6:13 Reviewing the Q3 goals I accomplished vs. what didn’t get done
- 11:00 What worked well vs. what needs improvement
- 14:30 My revenue, marketing, and growth goals for Q4
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Sarah Young Website
- YouTube
- Millionaire Mondays Email Newsletter
- Young and Co Website
We’ve chatted extensively on the podcast about whether you can be rich and do good, and this episode should seal the deal once and for all. Kyle S. King is an entrepreneur, father, and changemaker who is doing some seriously incredible work for underserved communities, and it’s completely self-funded. In this episode, Kyle is sharing how he’s using the revenue generated from his business to make an impact and create lasting change. Get ready to take extensive notes and walk away feeling inspired.
Kyle S. King is one of the most sought after coaches in Charlotte, specializing in helping coaches, consultants, and speakers grow their business through leveraging a book. His company, The Writers Game, in 2020 assisted over 400 authors around the globe craft, publish, and profit from their stories generating over $3.2 million in collective revenue.
Connect with Kyle!
- YouTube
Some key takeaways from this episode are:
- It is much easier to maintain long term relationships with existing clients than to constantly hustle to find new clients. Focus on your client experience and delivering the best service possible and craft offers that keep your clients with you long term.
- If you want to build wealth, become a better person. Develop strong core values that will help you assess business and financial decisions and clearly see if they bring you closer to your vision and purpose or further away from it.
- In order to make an impact, you need capital. Money offers you the opportunity to invest in the experiences and vision you want to execute for any community or group of people you want to impact. Yes, you can offer your time, but huge impacts require resources that can be purchased with capital.
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Sarah Young Website
- YouTube
- Millionaire Mondays Email Newsletter
- Young and Co Website
If you bill hourly for your work, you probably find yourself struggling to make predictable revenue and craft a high-ticket offer based on the hourly service you provide. In this episode, I’m sharing the exact steps to take to create a high-ticket offer that will help you say goodbye to lumpy monthly revenue for good.
Want access to all of my coaching courses, plus hot seat coaching? Apply for the High Profit Society - an incredible community of women scaling their businesses and wealth - today! Join before October 1st to secure your free BONUS offer suite audit from yours truly!
Are you looking for more information on building wealth with your business? Sign up for my free email newsletter, Millionaire Mondays!
In this episode, you’ll learn:
- 0:00 Why many service providers get stuck in hourly work
- 2:52 Getting clear about who your ideal client is and what they actually need
- 5:18 Why niching down can help you make more money, not less
- 7:17 The service triangle of time, cost, and quality
- 9:20 What’s new in the High Profit Society to support your high-ticket journey
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Sarah Young Website
- YouTube
- Millionaire Mondays Email Newsletter
- Young and Co Website
Since I started my coaching business, one of the things that has surprised me the most is how much fear shows up daily in my client’s lives. Since I can’t take action for them, fear often becomes the biggest roadblock that prevents them from implementing what we cover in our coaching sessions. So in this episode, let’s face those fears head-on, shall we? I dig into planning for the worst case scenarios, taking ownership of your life and business, and bringing awareness to how fear shows up for you daily.
Are you ready to create a high profit business strategy that grows your business, profits, and bank account? Then join my FREE Profit Plan Challenge and I'll walk you through daily trainings and assignments to help you create a profitable, sustainable, and aligned business.
🚀 https://sarahhyoung.com/profitplan
In this episode, you’ll learn:
- 0:00 What people say their biggest roadblock is vs. what it actually is
- 1:33 Addressing the worst case scenario if your fears come true
- 3:31 Taking charge of how you show up in your life
- 7:02 How I’ve been letting fear hold me back in my own business
- 10:06 Bringing awareness to fear as it pops up for you
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Sarah Young Website
- YouTube
- Millionaire Mondays Email Newsletter
- Young and Co Website
Welcome to my free CEO Shift mini course! This 3-part training is for service providers, coaches, and consultants ready to scale their business to multi-6 and 7 figures with the simplest business model there is - high ticket offers!In the Day 2 training, we'll cover:➡️ The biggest mindset shift you need to make to get your business to the next level➡️ How to create an offer your clients line up to buy➡️ The team & systems that allow you to delegate 80-100% of your workload and shift into the CEO seat➡️ The four biggest scaling mistakes I see clients makingMake sure you register for the Day 3 training here: sarahhyoung.com/ceoshiftAs a thank you for registering I'll send you a free bonus!I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same. Connect with Sarah:💠 Instagram - https://www.instagram.com/itssarahyoung/💠 Facebook - https://www.facebook.com/itssarahyoung💠 YouTube - https://www.youtube.com/channel/UCO4wwwPKmuvCFh5NvVuwvnQ 💠 Website - https://www.sarahhyoung.com/hello
Welcome to my free CEO Shift mini course! This 3-part training is for service providers, coaches, and consultants ready to scale their business to multi-6 and 7 figures with the simplest business model there is - high ticket offers!In the Day 1 training, we'll cover:➡️ Why the high ticket business model is the easiest & fastest way to scale your business➡️ The elements of a simple and profitable six figure paycheck business model➡️ What it takes to pay yourself six figures or more from your business on part-time hoursMake sure you register for the Day 3 training here: sarahhyoung.com/ceoshiftAs a thank you for registering I'll send you a free bonus!I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit and Prosper podcast to help you do the same. Connect with Sarah:💠 Instagram - https://www.instagram.com/itssarahyoung/💠 Facebook - https://www.facebook.com/itssarahyoung💠 YouTube - https://www.youtube.com/channel/UCO4wwwPKmuvCFh5NvVuwvnQ 💠 Website - https://www.sarahhyoung.com/hello
If finding clients who will pay high-ticket for your offers feels like an impossible task, this episode is for you! I’m showing you exactly how I landed our most recent high-ticket retainer clients for my agency, why social media is not the place to look for clients, and how your next high-ticket client might be closer to you than you think.
Want to dive deeper into high-ticket offers and ask me questions on a live training? Sign up for the Free CEO Shift Mini Course!
Resources mentioned:
- Listen to Ep. 114 - Increase Your Profit with Monthly Recurring Revenue
In this episode, you’ll learn:
- 0:00 How your messaging and target client will change with your new offer
- 1:33 Why social media or ads will not be the source of your next client
- 4:13 Leveraging your existing network to find high-ticket clients
- 8:13 Upgrading your current clients into your new high-ticket offer
- 9:18 Nurturing prior leads into your high-ticket offer
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Sarah Young Website
- YouTube
- Millionaire Mondays Email Newsletter
- Young and Co Website
Have you ever seen a post by one of your competitors where it looks like they’re killing it, and suddenly you feel like your business isn’t growing fast enough? Maybe they just landed a huge client, or they’re launching an offer you’ve been wanting to create yourself. These things can fuel your scarcity mindset, distracting you from making strategic moves in your business and focusing on your unique expertise. In this episode, I’m sharing why your competition does not matter when it comes to your business, and why the “market research” you’re doing might be doing more harm than good.
Want to dive deeper into high-ticket offers and ask me questions on a live training? Sign up for the Free CEO Shift Mini Course!
In this episode, you’ll learn:
- 0:00 Thoughts that come up around competitors in our industry
- 2:03 Shifting from a scarcity mindset to an abundant mindset
- 4:07 Building your brand and messaging to focus on what sets you apart from the competition
- 5:56 Action steps to minimize comparison to other businesses in your industry
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Sarah Young Website
- YouTube
- Millionaire Mondays Email Newsletter
- Young and Co Website
As you’re dreaming up your high-ticket offer, if you’ve simply ended up with a laundry list of time-consuming deliverables, this episode is for you! Feeling like you have to give your clients more of your time in order to ask for more money is a really hard place to break out of, but it’s crucial for creating high-ticket offers that are sustainable to deliver. In this episode, I share how your strategy and expertise (check out episode 147!) are what will allow you to deliver more value and results to your clients in less time.
Want to dive deeper into high-ticket offers and ask me questions on a live training? Sign up for the Free CEO Shift Mini Course!
In this episode, you’ll learn:
- 0:00 Unlearning the messages we’ve been taught about “hard work”
- 2:59 A mini case study of a service-based business struggling with value-based pricing
- 7:05 Building a framework based on your expertise that gets your clients results
- 9:41 The key to an offer that’s not just jam-packed with tangible deliverables
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Sarah Young Website
- YouTube
- Millionaire Mondays Email Newsletter
- Young and Co Website
Hopefully by now, you’re on board with creating a high-ticket offer to scale your business more quickly in less hours - great! Next, you need to pinpoint your unique expertise or experience that is going to allow you to charge higher prices. In this episode, I share exactly how to do that without falling into the trap of stuffing your offers with more time-consuming deliverables. If you struggle with feelings of “who am I to charge higher prices for what I do?,” this episode is for you!
Want to dive deeper into high-ticket offers and ask me questions on a live training? Sign up for the Free CEO Shift Mini Course!
Links mentioned:
- The Diary of a CEO Book by Steven Bartlett
In this episode, you’ll learn:
- 0:00 Processing all the feelings that come up when we raise our prices
- 3:02 Strategy deliverables vs. tactical or administrative deliverables
- 6:36 Questions to ask yourself to identify your unique experiences and expertise
- 9:15 ChatGPT prompts to use to brainstorm high-ticket offer ideas
- 10:54 Shifting from a traditionally low-ticket deliverable to a high-ticket offer
- 13:25 The top things to consider as you’re building a high-ticket offer
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Sarah Young Website
- YouTube
- Millionaire Mondays Email Newsletter
- Young and Co Website
Last week, I talked about why high ticket offers are the easiest way to scale your business… But what exactly is a high ticket offer? In this episode, I’m sharing the price ranges for high ticket offers no matter what business model you’re in, and the #1 thing to keep in mind if you want to charge high ticket prices.
Links mentioned:
- Sign up for the Free CEO Shift Mini Course
In this episode, you’ll learn:
- 0:00 The standards for a high ticket offer
- 1:16 Price ranges of high ticket offers for different business models
- 3:34 What types of offers you can offer at a high-ticket price point
- 5:20 How we’ll workshop your high ticket strategy in my free CEO Shift mini course!
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Sarah Young Website
- YouTube
- Millionaire Mondays Email Newsletter
- Young and Co Website
When you think about scaling your business with your current offers, do you immediately feel overwhelmed by the number of clients you would like to take on? That’s where high-ticket sales come in. Instead of having to bring in dozens of low-ticket clients, high-ticket sales allow you to scale more quickly with less time spent on client delivery. In this episode, I show you exactly how it can work for your business.
Links mentioned:
- Listen to Episode 144: Are You Undercharging For Your Services?
- Sign up for the Free CEO Shift Mini Course
In this episode, you’ll learn:
- 0:00 My experience with implementing high-ticket offers in my business
- 3:48 What your sales need to look like to make $20K in MRR
- 5:18 How high-ticket makes marketing easier
- 6:36 How client delivery and running your business gets easier with high-ticket offers
- 9:54 Prioritizing your take-home pay with high-ticket offers
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Sarah Young Website
- YouTube
- Millionaire Mondays Email Newsletter
- Young and Co Website
The vast majority of business owners I work with - whether they’re bringing in $100K or $1M in revenue - are undercharging for their services. If you’re bringing in clients but struggling with cash flow and paying yourself a six-figure salary, then you’re likely also undercharging for your services. In this episode, I share how to calculate pricing that will give you the profit you need to pay yourself well and save on for your wealth-building journey.
Are you ready to create a high profit business strategy that grows your business, profits, and bank account? Then join my FREE Profit Plan Challenge and I'll walk you through daily trainings and assignments to help you create a profitable, sustainable, and aligned business.
🚀 https://sarahhyoung.com/profitplan
Links mentioned:
- Free Sales & Pricing Calculator
- Ep. 95: 3 Ways to Pay Yourself $100K
In this episode, you’ll learn:
- 0:00 Download my free pricing calculator
- 1:56 How most people set their pricing and why it’s not profitable
- 4:25 The surefire signs that you’re undercharging
- 5:46 Calculating whether you’re pricing for profitability or not
- 10:39 Client examples of workshopping offers and pricing for more profit in less time
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Sarah Young Website
- YouTube
- Millionaire Mondays Email Newsletter
- Young and Co Website
Your business logo design, colors, and photoshoots are so fun to plan, but you might be jumping the gun if you don’t start with your messaging. In this episode, I’m interviewing THE expert in messaging and branding (seriously, get your pen and paper ready, this episode is full of gems!), Kathy Dixon. Kathy is the Founder and CEO of Oh Yes Communications, a full-service marketing agency specializing in messaging and branding. Last year, we hired her to run a branding workshop for Young and Co, and the magic that happened in that room was incredible! In this episode, she shares why messaging should come before branding, what business owners get wrong when it comes to branding, and how it supports everything from website copy to internal processes and systems.
Connect with Kathy:
- Kathy's Instagram
- Oh Yes Communications Instagram
- Oh Yes Communications Website
Are you ready to create a high profit business strategy that grows your business, profits, and bank account? Then join my FREE Profit Plan Challenge and I'll walk you through daily trainings and assignments to help you create a profitable, sustainable, and aligned business.
🚀 https://sarahhyoung.com/profitplan
In this episode, we cover:
- 0:00 Kathy’s background in journalism and how it led to the launch of her business
- 6:22 The biggest mistake people make when it comes to their messaging
- 11:46 Why messaging needs to come before branding
- 16:34 How to get clear on your messaging and vision
- 24:43 Troubleshooting the mindset and messaging when we upgrade our offers
- 31:58 Mini case studies of what it looks like to level up your messaging
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Sarah Young Website
- YouTube
- Millionaire Mondays Email Newsletter
- Young and Co Website
Do you need a ton of followers online or a massive email list in order to scale your business? Absolutely not. I scaled my business to 7-figures with less than 2,000 Instagram followers because I focused on more effective forms of outreach. In this episode, I share exactly how I did it so you can get off the social media hamster wheel and spend time on outreach that will actually move the needle in your business.
Are you ready to create a high profit business strategy that grows your business, profits, and bank account? Then join my FREE Profit Plan Challenge and I'll walk you through daily trainings and assignments to help you create a profitable, sustainable, and aligned business.
🚀 https://sarahhyoung.com/profitplan
Links mentioned:
- Join the High Profit Society - https://www.sarahhyoung.com/society
In this episode, I cover:
- 0:00 Exciting new things you’ll get access to within the High Profit Society this quarter
- 1:36 What it looks like to scale your business to $1M+ without a huge audience
- 4:30 How I actually found my first batch of high-ticket clients
- 6:58 Getting clarity about your offers to maximize your outreach
- 7:22 Pushing your ego aside when the constant outreach feels like grunt work
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Sarah Young Website
- YouTube
- Millionaire Mondays Email Newsletter
- Young and Co Website
Continuing the conversation around my personal story and what it’s taught me about shame, I wanted to share some of the insights I’ve gained. I’ve mentored hundreds of female entrepreneurs, and when they hit a block in their business, shame is often in the driver’s seat. In this episode, I’m sharing the tactical steps that will allow you to fully own your story so you can show up more confidently in your business.
Are you ready to create a high profit business strategy that grows your business, profits, and bank account? Then join my FREE Profit Plan Challenge and I'll walk you through daily trainings and assignments to help you create a profitable, sustainable, and aligned business.
🚀 https://sarahhyoung.com/profitplan
Links mentioned:
- Replay: I Left a Toxic Marriage With $55K in Debt
In this episode, I cover:
- 0:00 My personal story and what happens when I share it
- 6:47 Realizing that shame was making me hide
- 9:49 How growing a business forces you to face your fears and trauma
- 12:56 Allowing yourself to feel all the feelings
- 15:38 Writing down the feelings you’re experiencing
- 18:31 Getting support from your loved ones and network
- 20:11 Sharing your story when you’re ready
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Sarah Young Website
- YouTube
- Millionaire Mondays Email Newsletter
- Young and Co Website
This past week, I shared an Instagram post about the day I entered a marriage that I didn’t realize was abusive until I left. In order to leave that marriage, I took on our combined $55K in debt. Since I have so many new subscribers on YouTube (thanks for being here!), I thought it would be great to share my personal story, originally published as episode 33 of the podcast!
It is because of my personal experiences with debt that I believe so strongly in helping women to take charge of their personal finances and build their wealth. Don’t be shamed by your personal money story, learn from it and be empowered by it.
Are you ready to create a high profit business strategy that grows your business, profits, and bank account? Then join my FREE Profit Plan Challenge and I'll walk you through daily trainings and assignments to help you create a profitable, sustainable, and aligned business.
🚀 https://sarahhyoung.com/profitplan
Relevant links:
- My IG post about the shame my anniversary date brings up
- My IG reel about letting to let go of shame
In this episode, I cover:
- 0:00 Why your money story shouldn’t be a source of shame
- 07:50 How credit cards led to my debt piling up
- 16:00 Reaching the breaking point in my marriage
- 18:25 Consolidating my debt using a personal loan from a credit union
- 20:55 Quickly chipping away at debt using the snowball method
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Sarah Young Website
- YouTube
- Millionaire Mondays Email Newsletter
- Young and Co Website
If you’re listening to this the week it comes out (or within a few weeks of its release), I am currently on a one month sabbatical from my accounting firm, Young and Co! In this episode, I’m sharing what I did to prepare for this break, why I’m taking an entire month off, and how I’ll be spending my month off to make sure I’m truly resting and enjoying my free time.
Are you ready to create a high profit business strategy that grows your business, profits, and bank account? Then join my FREE Profit Plan Challenge and I'll walk you through daily trainings and assignments to help you create a profitable, sustainable, and aligned business.
🚀 https://sarahhyoung.com/profitplan
Links mentioned:
- Listen to Episode 90: The Dream Team Series Pt. 1
In this episode, I cover:
- 0:00 The context of what I’m taking a break from vs. what I’ll still do work-wise
- 3:21 Why I’m choosing to take an entire month off
- 6:57 Choosing the right time frame to take off so I had enough time to prepare
- 8:36 Exactly what I did to prepare Young and Co for my time off
- 17:16 Structuring my coaching business so I only need to work a few hours per week
- 20:36 How I plan to spend my time off for maximum rest and relaxation
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Sarah Young Website
- YouTube
- Millionaire Mondays Email Newsletter
- Young and Co Website
Last week, I shared my daily shutdown routine to end my work day in a way that sets me up for success the following work day. In this episode, I’m talking about my startup routine to begin my work day in a way that keeps me focused on my biggest priorities. If you’re worried I’m going to throw a 20-step morning routine at you, don’t worry - this routine is short and sweet so you can start implementing what works for you this week!
Are you ready to create a high profit business strategy that grows your business, profits, and bank account? Then join my FREE Profit Plan Challenge and I'll walk you through daily trainings and assignments to help you create a profitable, sustainable, and aligned business.
🚀 https://sarahhyoung.com/profitplan
Links mentioned:
- Watch episode 137: My Work Shutdown Routine
In this episode, I cover:
- 0:00 The purpose of a strong startup routine
- 2:58 My exact work startup routine + essentials
- 6:15 Making the most of my energy levels and focus in the mornings
- 7:08 Habit stacking to build your morning routine
- 8:42 How I implement new steps into my routines
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Sarah Young Website
- YouTube
- Millionaire Mondays Email Newsletter
- Young and Co Website
One of the biggest mindset shifts you can make as a business owner is separating your self-worth and happiness from your business. It’s so easy to tie our own value to the success and failures of our business, but that can hold us back from growing our business in surprising ways. In this episode, I share how you can reframe your thinking and separate your own identity from your business.
Are you ready to create a high profit business strategy that grows your business, profits, and bank account? Then join my FREE Profit Plan Challenge and I'll walk you through daily trainings and assignments to help you create a profitable, sustainable, and aligned business.
🚀 https://sarahhyoung.com/profitplan
Links mentioned:
- How I Handle Client Complaints Without Spiraling
In this episode, I cover:
- 0:00 Why we internalize the success (or failures) of our business as our own
- 1:57 Getting critical feedback from clients without making it about you
- 2:35 Making investments in your business and still feeling safe
- 4:40 Reframing how you think about hiring team members
- 6:38 Untying your identity, safety, and happiness from your business
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Sarah Young Website
- YouTube
- Millionaire Mondays Email Newsletter
- Young and Co Website
You know that work/life balance thing everyone is always talking about? I think I figured out one of the keys to it: the startup and shutdown routines you have for your work day. I’ve found that how I start and end my work day is crucial for my productivity, and for being fully present whether I’m at home or at work. Today I’m sharing the exact things I do to shut down work for the day so I can be fully present and engaged with my family when I’m at home.
Are you ready to create a high profit business strategy that grows your business, profits, and bank account? Then join my FREE Profit Plan Challenge and I'll walk you through daily trainings and assignments to help you create a profitable, sustainable, and aligned business.
🚀 https://sarahhyoung.com/profitplan
Links mentioned:
- The email Stack Method - https://www.stackmethod.com/
In this episode, you’ll learn:
- 0:00 Why startup and shut down routines are so important
- 3:56 Responding to emails and getting close to inbox zero
- 6:07 Brain dumping and organizing upcoming tasks
- 7:40 Updating my planner for the next day
- 8:33 Packing my bag & tidying my office
- 10:04 Customizing your own shutdown routine
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Sarah Young Website
- YouTube
- Millionaire Mondays Email Newsletter
- Young and Co Website
Today, we’re celebrating independence by talking about one of the topics I’m most passionate about: becoming financially independent as a female business owner. From the clients I’ve worked with, I’ve noticed three specific goals that have made the biggest difference in their wealth journeys. In this episode, I break down those goals as the steps you need toward financial independence!
Are you ready to create a high profit business strategy that grows your business, profits, and bank account? Then join my FREE Profit Plan Challenge and I'll walk you through daily trainings and assignments to help you create a profitable, sustainable, and aligned business.
🚀 https://sarahhyoung.com/profitplan
Links mentioned:
- Ep. 106: How Much Money Do You Need to Reach Financial Freedom?
- Ep. 60: How I Plan to Reach Financial Independence and Retire Early
- Ep. 103: The Four Keys to Building Wealth as an Entrepreneur
- Ep. 20: Turning Your Business’ Cash Flow Into Wealth
In this episode, you’ll learn:
- 0:00 Step 1: Prioritize cash flow and profitability in your business
- 3:55 Step 2: Build a $100K retirement fund as quickly as possible
- 8:40 Step 3: Create passive income sources now
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Sarah Young Website
- YouTube
- Young and Co Website
If you’ve ever wished you could take a peek at a 7-figure CEO’s calendar to see how exactly they get everything done, this episode is for you! I’m sharing how I structure my weeks to promote productivity while holding space for rest and life happening, why it’s important to structure your business in a way that makes your dream schedule possible, and how to craft your own ideal week.
Are you ready to create a high profit business strategy that grows your business, profits, and bank account? Then join my FREE Profit Plan Challenge and I'll walk you through daily trainings and assignments to help you create a profitable, sustainable, and aligned business.
🚀 https://sarahhyoung.com/profitplan
Links mentioned:
- Ep. 131: The Four Biggest Money Makers In My Business
- Ep. 134: Plan With Me for Q3 VLOG
- Timeular Time Tracker
In this episode, I cover:
- 0:00 Structuring your business to make your ideal week possible
- 1:53 The four principles you must schedule into your week
- 7:09 Client-facing weeks vs. non-client-facing weeks
- 9:32 Splitting my days into two intentional work blocks
- 11:43 The breakdown of what I work on each day
- 14:57 Conducting a time audit to craft your own ideal week
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Sarah Young Website
- YouTube
- Young and Co Website
If you like to hear the details of how CEOs are really tracking on their goals, this episode is for you! I decided to record a day in my life planning my upcoming quarter on one of my CEO days. I share my honest thought process about a mindset block I’ve been experiencing, how I performed on my business and personal goals this past quarter, and what I’m planning for Q3!
P.S. Check out the video version of this episode for the full “plan with me” experience!
Are you ready to create a high profit business strategy that grows your business, profits, and bank account? Then join my FREE Profit Plan Challenge and I'll walk you through daily trainings and assignments to help you create a profitable, sustainable, and aligned business.
🚀 https://sarahhyoung.com/profitplan
Links mentioned:
- Ep. 125: My Weekly Planning Routine
- Ep. 93: My Quarterly Planning Process
- Ep. 133: Creating a Sales Plan
In this episode, I cover:
- 0:00 Reflecting on my Q2 goals and intentions
- 9:52 Metrics I track for my personal goals
- 12:34 My biggest wins and of struggles this past quarter
- 16:29 Planning my Q3 financial, business, and personal goals
- 31:10 Mapping out my priorities on my calendar
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Sarah Young Website
- YouTube
- Young and Co Website
As we enter another quarter and plan out our goals for revenue and profit, it’s important not to forget how to reach them: your sales plan. I find that a lot of business owners don’t include a sales plan in their quarterly process, so in this episode, I’m sharing exactly what a sales plan entails, why you need one, and how to outline one for your business this quarter.
Are you ready to create a high profit business strategy that grows your business, profits, and bank account? Then join my FREE Profit Plan Challenge and I'll walk you through daily trainings and assignments to help you create a profitable, sustainable, and aligned business.🚀 sarahhyoung.com/profitplan
Links mentioned:
- Join my Free Profit Plan Challenge
- Listen to Ep. 15: Calculate Your Monthly Baseline Revenue
- Listen to Ep. 114: Increase Your Profit with Monthly Recurring Revenue
In this episode, you’ll learn:
- 0:00 Different approaches to sales plans
- 2:25 What is a sales plan and why do you need one?
- 5:21 Step 1: Calculate your intentional, reality-based sales goal
- 6:54 Step 2: Look at the revenue you already booked for the quarter
- 8:07 Step 3: Identify your sales gap and action plan
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Sarah Young Website
- YouTube
- Young + Co Website
Of all the most difficult aspects of running a business, the one that seems to scare everyone the most (myself included!) is the dreaded client complaint. Since we bought another accounting firm last year and implemented a lot of new changes, I kind of feel like I’ve been in a client complaint bootcamp. In this episode, I’m sharing my biggest learnings on how to emotionally and mentally receive complaints, what I’m implementing in my businesses based on the feedback, and how you can do the same the next time you get a client complaint.
Are you looking for more information on building wealth with your business? Sign up for my free email newsletter, Millionaire Mondays!
In this episode, I cover:
- 0:00 What caused an increase in client complaints in my business over the last 9 months
- 4:05 Treating client complaints as data instead of taking it personally
- 9:04 The biggest things I learned from getting a lot of feedback at once
- 12:29 What we’re implementing in my agency based on the feedback we received
- 17:40 Facing your fears and triggers as a business owner
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Sarah Young Website
- YouTube
- Young + Co Website
Whether you are trying to increase your revenue or maintain consistent cash flow, there are four things you need to prioritize to move that forward in your business. In this video, I share what I call my “money makers,” AKA the four S’s that I focus on to maintain a sales pipeline, lead my team more effectively, and continue to grow my business in the most sustainable way possible.
Are you looking for more information on building wealth with your business? Sign up for my free email newsletter, Millionaire Mondays!
More videos you might like:
- Ep. 125: My Weekly Planning Routine
- Ep. 93: My Quarterly Planning Process
- Ep. 124: My Non-Negotiable Health Habits
In this episode, you’ll learn:
- 0:00 How getting caught up in busy work is killing your cash flow
- 1:55 Money Maker 1: Strategy
- 3:05 Money Maker 2: Sales
- 4:27 Money Maker 3: Support
- 6:55 Money Maker 4: Self
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Sarah Young Website
- YouTube
- Young + Co Website
This week, I was having a conversation with a business owner who asked me if which business model was better: a mid- to high-six figure business with no team, or a seven figure business where you have to manage a team for client delivery. While there’s no business model that’s better than another, it inspired me to talk about the pros and cons of both. If you’re a business owner who’s scared to scale and truly wants to understand the benefits of a team for growth, this episode is for you!Are you looking for more information on building wealth with your business? Sign up for my free email newsletter, Millionaire Mondays! Links mentioned: Book a consultation to see if the Wealthy Women Collective is the right fit for you! In this episode, you’ll learn: 0:00 The most important thing to keep in mind when structuring your business 1:47 What I see holding business owners back from growth 2:33 The pros and cons of a six-figure business where you’re doing the client delivery 6:20 The pros and cons of a seven-figure business with a team I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same. Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together! Connect with Sarah: Instagram Sarah Young Website Facebook YouTube Young + Co Website
Do you find yourself dreading your business? Maybe you’re feeling the Sunday Scaries, have knots in your stomach before team calls, or just don’t enjoy the day-to-day anymore. None of us started our businesses to not have fun, so in this episode, I’m sharing how to pull yourself out of that funk through taking action.
Are you looking for more information on building wealth with your business? Sign up for my free email newsletter, Millionaire Mondays!
Links mentioned:
- Book a consultation to see if the Wealthy Women Collective is the right fit for you!
In this episode, you’ll learn:
- 0:00 Signs you’re falling out of love with your business
- 0:49 Knowing when it’s time to take a break instead of working harder
- 3:08 Option 1: Trust the systems you’ve been building
- 5:33 Option 2: Change the parts of your business that aren’t working
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Sarah Young Website
- YouTube
- Young + Co Website
Last week, I talked about how I hear from clients all the time that they’re scared to build a team. They’re scared to hire the wrong person, hurt their relationship with clients as a result, and have to go through the firing process. Well, I just went through all of this myself, and I’m spilling the details in this episode. I’m talking about what led to the hire, why trusting your instincts will always serve you well, not letting mistakes in your business define you, and how this is impacting my team structure moving forward. My hope is that my story will show you that mistakes happen, but you have what it takes to bounce back stronger than ever.
Are you looking for more information on building wealth with your business? Sign up for my free email newsletter, Millionaire Mondays!
Links mentioned:
- Book a consultation to see if the Wealthy Women Collective is the right fit for you!
In this episode, I cover:
- 0:00 The surprising causes of underperforming teams
- 4:24 The pressure to hire fast without a solid candidate pool
- 9:18 My rating process for determining if a team member is a good fit
- 11:56 What ultimately went wrong + how it cost me $6K
- 15:23 The biggest takeaway and how I’ll structure teams moving forward
- 17:48 My newly revamped Wealthy Women Collective
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Sarah Young Website
- YouTube
- Young + Co Website
If one of your goals is to retire early or become work optional well before retirement age, then your net worth is a metric you should be tracking. Your net worth is the value of all your assets (and liabilities) and is what will allow you to retire with the quality of life you want. In this episode, I share how I built a $1.2 million net worth portfolio before the age of 35, and the #1 asset you have to build your own net worth.
Are you looking for more information on building wealth with your business? Sign up for my free email newsletter, Millionaire Mondays!
Links mentioned:
- How I Paid Off $55K in Debt… My Personal Money Story
In this episode, I cover:
- 0:00 How an entrepreneurial mindset helps you build a bigger net worth
- 3:10 Contributing to retirement accounts early
- 5:07 Making smart real estate investments
- 7:17 Growing my accounting + CFO agency as an asset
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Sarah Young Website
- YouTube
- Young + Co Website
In my work with clients, I’ve noticed that one of the things holding them back from growing their business is that it could get too big or too difficult to manage. Maybe you’ve also heard the phrase “new levels, new devils” one too many times and it’s scared you off from growth. In this episode, I’m sharing the common themes I’ve found with business owners who want to burn their business down, and how you can avoid them as you scale.
Are you looking for more information on building wealth with your business? Sign up for my free email newsletter, Millionaire Mondays!
Resources mentioned:
- Build a Dream Team Series
In this episode, I cover:
- 0:00 The client stories that inspired this episode
- 6:31 Hiring according to your average months instead your busiest months
- 10:34 Consistently generating leads with a clear marketing strategy
- 13:40 Delegating and leveling yourself up as the CEO
- 18:45 A sneak peek of my updated coaching offers to support your business
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Sarah Young Website
- YouTube
- Young + Co Website
I’ve covered my quarterly planning process on the podcast, but my 30-minute weekly planning routine is what keeps me on track for my quarterly goals. In this episode, I’m sharing the three components of my routine and how you can implement them into your planning this week.
Are you looking for more information on building wealth with your business? Sign up for my free email newsletter, Millionaire Mondays!
Resources mentioned:
- Sign up for the High Profit Society waitlist!
In this episode, you’ll learn:
- 0:00 The surprising way I learned this planning process
- 2:48 Maintaining a scorecard of your key metrics
- 4:00 Revisiting your cash forecast for the upcoming months
- 4:57 Prioritizing the tasks that will move you forward this week
- 6:48 Time blocking your calendar to make time for those tasks
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Sarah Young Website
- YouTube
- Young + Co Website
One of the first things to get put on the back burner when we get busy in our businesses is our health, when that should probably be our top priority above all else. Over the last year, I started small and built up a consistent routine that has allowed me to feel energized even in busy seasons. In this episode, I’m sharing what those habits are, how I implemented them into my life, and where you should start first if you’re on a health journey.
Are you looking for more information on building wealth with your business? Sign up for my free email newsletter, Millionaire Mondays!
Links mentioned:
- Oura Ring
- Plan to Eat App
In this episode, you’ll learn:
- 0:00 How staying consistent has always been a challenge for me
- 1:30 What “health” actually means + what finally clicked for me
- 4:37 Getting good sleep every single night
- 7:20 Incorporating movement into my daily routine
- 9:14 Planning my meals and groceries every single week
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Sarah Young Website
- YouTube
- Young + Co Website
I remember the exact moment I knew something had to change in my business. I was burnt out on low-ticket offers, I had to bring in tons of new clients to make the numbers work with the small team, and it felt so overwhelming. In this episode, I’m sharing how I more than quadrupled my revenue in just one year, eventually scaling to a million-dollar business while working fewer hours and prioritizing my mental and physical health.
Are you looking for more information on building wealth with your business? Sign up for my free email newsletter, Millionaire Mondays!
Links mentioned:
- Listen to Ep. 114: Increase Your Profit with Monthly Recurring Revenue
In this episode, I cover:
- 0:00 The story of the wildest growth I’ve had in my business
- 2:43 What is NOT going to help you scale your business
- 4:21 How to structure your business to handle the growth
- 12:45 Figuring out which area you need to focus on first
- 14:25 Answering listener questions about growing their businesses
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Sarah Young Website
- YouTube
- Young + Co Website
I work with business owners at all levels, and a common struggle among them is feeling like you’re stuck in the feast or famine cycle. We’ve all been there at one point or another, and the key to getting out of this cycle is building your MRR: monthly recurring revenue. In this episode, I share what MRR has allowed me to accomplish in my life and business, what every business owner needs to hear about fluctuating cash flow, and what to focus on to build your MRR.
Are you looking for more information on building wealth with your business? Sign up for my free email newsletter, Millionaire Mondays!
In this episode, you’ll learn:
- 0:00 How inconsistent monthly recurring revenue is holding you back both mentally and financially
- 1:17 Why having fluctuating cash flow is not a failure on your part
- 3:14 How it will feel to know exactly how much is coming in each month
- 4:08 How monthly recurring revenue allowed my husband to quit his job
- 5:03 The four areas to focus on to build a five-figure monthly baseline revenue
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Sarah Young Website
- YouTube
- Young + Co Website
We’ve all had nights where we’ve lost sleep over worries about our business failing. That stress and pressure can feel overwhelming, but it’s important to focus on what we can control instead of what we can’t. In this episode, I cover three areas that might be adding more risk to your business so you can proactively avoid a crisis in the future and minimize your worries about your business failing. I feel the weight lifting off your shoulders already!
Are you looking for more information on building wealth with your business? Sign up for my free email newsletter, Millionaire Mondays!
In this episode, I cover:
- 0:00 What it means to de-risk your business
- 4:43 Creating more income streams to avoid one client making up a large portion of your revenue
- 8:29 Diversifying your lead generation sources so sales never dry up
- 12:58 Preparing to lose a key team member at any time
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Sarah Young Website
- YouTube
- Young + Co Website
Having energy and motivation is one thing, but knowing where to put that focus is a whole other ballgame! In this episode, I share how to make sure your growth strategy is complete, identify what your next few action items are, and make space in your calendar so you’re not stretching yourself too thin. Are you looking for more information on building wealth with your business? Sign up for my free email newsletter, Millionaire Mondays! In this episode, you’ll learn: 0:00 Why you’re not making progress on your goals 1:52 Why a successful business is a boring business 2:49 Identifying the next two to three action items to focus on + what to let go of to make space for that I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same. Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together! Connect with Sarah: Instagram Sarah Young Website Facebook YouTube Young + Co Website
Have you ever wondered what time freedom would look like in your business? My client, Christa Jones, is the perfect example. She’s the Founder & CEO of Rose City Professional Organizing and manages a team of 20 organizers and declutter coaches in Alberta, Canada. She’s a business coach to other professional organizers and speaks on stages as well. On top of that, she’s a single mom who homeschools her kids and spends quality time with them in the evenings and on weekends instead of working. Phew! In this episode, she explains how that’s possible by finding the right team members, delegating the right processes, and letting go of her identity as a busy business owner.
Rose City Professional Organizing:
- Website
Connect with Christa:
- Coaching Website
- DIY Workbook
- Speaking
Are you looking for more information on building wealth with your business? Sign up for my free email newsletter, Millionaire Mondays!
Links mentioned:
- Join the High Profit Society, my brand new membership created to help you grow your business, profits, and bank account!
- Christa’s Organizing Segment on CBC News
In this episode, we cover:
- 0:00 Christa’s journey to opening her home organization business
- 9:13 How she outsourced the sales process in her business
- 19:00 Learning how to let go of certain aspects of your business in order to grow
- 25:43 Going from wanting to quit her business last March to bringing in $30K in revenue this March (during her slow season!)
- 28:32 Having the capacity to focus on your personal goals and visionary business goals
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Sarah Young Website
- YouTube
- Young + Co Website
If you’re feeling overworked and underpaid in your business, then you probably have one core issue: low profitability. In this episode, I’m diving into the three biggest causes of low profitability that I’ve seen in the businesses I work with. More importantly, I’ll show you how to turn them around to increase your profits so you can take home 50% of your sales as your CEO salary.
Are you looking for more information on building wealth with your business? Sign up for my free email newsletter, Millionaire Mondays!
Links mentioned:
- Join the High Profit Society, my brand new membership created to help you grow your business, profits, and bank account!
In this episode, you’ll learn:
- 0:00 The biggest thing holding you back from taking home 50% of your sales
- 1:04 Designing fewer, more effective offers that are priced to be profitable
- 2:19 Hiring the right team member, at the right time, for the right role
- 3:01 Systematizing important processes to deliver a higher quality service
- 4:04 How the High Profit Society can help you increase your profitability and take-home pay
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Sarah Young Website
- YouTube
- Young + Co Website
This January, one of my clients quit her job after saving $65K through the work we did together in my Money Momentum program. In this episode, Misty Molloy joins me to share her journey of launching an interior design side hustle the week before COVID hit, getting curious about her spending and saving habits to be more intentional, and setting money goals that actually support her vision. If you join my High Profit Society membership, you instantly get access to the Money Momentum materials in addition to the training and support you’ll get in the membership, so be sure to join the waitlist before it closes!
Misty Molloy is the Founder of CoCreative Interiors, an interior design firm based in Charlotte, NC! She has a second business - CoCreative Collective - which provides systems and staffing for other interior design firms as well. You can connect with Misty through her website, or over on Instagram.
Are you looking for more information on building wealth with your business? Sign up for my free email newsletter, Millionaire Mondays!
Links mentioned:
- Join the waitlist for The High Profit Society
In this episode, you’ll learn:
- 0:00 Misty’s story of launching two businesses on top of having a full-time job
- 6:38 How she became comfortable enough financially to quit her job
- 18:22 Learning to put yourself first as a business owner
- 23:53 Building confidence through looking at your finances and taking action
- 31:02 Setting intentional money goals based on what YOU want and need for your life
- 36:34 Pivoting your offers, marketing, and sales strategies as needed
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Sarah Young Website
- YouTube
- Young + Co Website
I’ve been sharing a lot about prioritizing the right goals and tasks in your business that will actually move you forward, but you may be running up against a common roadblock: there never seems to be enough time to get that work done. In this episode, I’m showing you how to evaluate your calendar and get 5-10 hours back this week so you can start executing on your goals.
Are you looking for more information on building wealth with your business? Sign up for my free email newsletter, Millionaire Mondays!
Links mentioned:
- Join the waitlist for The High Profit Society
- Sign up for my Profit Plan Challenge
In this episode, I cover:
- 0:00 How to cut your working hours while increasing your CEO salary
- 2:03 What should be included in your business growth strategy
- 4:11 Evaluating your calendar to see what can be deleted, delegated, or deferred
- 5:14 How my free Profit Plan Challenge and The High Profit Society will support your growth plan
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Sarah Young Website
- YouTube
- Young + Co Website
In part three of my High Profit Society series, I’m sharing a spicy take on ways to grow your bank account. I recently saw a TikTok that made me realize there’s a huge disconnect between what most people think wealthy people are focused on vs. what they are actually focused on to build more wealth. In this episode, I’m sharing the biggest trends we’re seeing among our clients to bring in truly passive income, and the mindset shifts you need to reach that level.
Are you looking for more information on building wealth with your business? Sign up for my free email newsletter, Millionaire Mondays!
Links mentioned:
- Join the waitlist for The High Profit Society
- Sign up for my Profit Plan Challenge
In this episode, you’ll learn:
- 0:00 What’s not going to make you wealthy
- 2:23 The Build phase vs. the Preservation phase of wealth building
- 9:49 How our wealthiest clients are making passive income
- 15:46 How you can apply their mindset and tactical strategies to grow your own bank account
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Sarah Young Website
- YouTube
- Young + Co Website
Confession: I’ve been taking MRRs for granted. No, not Master Resale Rights (we are anti-fad business practices over here!), but Monthly Recurring Revenue. More consistent income is a game changer when it comes to increasing your profits, lowering how many people you have to reach every month to make sales, and ensuring less variation in your monthly revenue so you can make big moves in your business. Plus, I share a little behind-the-scenes of a recent challenge in my business that was a light bulb moment for me and the inspiration for this episode!
Are you looking for more information on building wealth with your business? Sign up for my free email newsletter, Millionaire Mondays!
Links mentioned:
- Join the waitlist for The High Profit Society
- Sign up for my Profit Plan Challenge
In this episode, I cover:
- 0:00 How my recent business struggles inspired this topic
- 6:13 Minimizing cash flow fluctuations in your business
- 12:16 Ways to implement MRR into your business
- 16:36 My personal game plan to pivot our new firm from hourly billing to MRR
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Sarah Young Website
- YouTube
- Young + Co Website
When you started your business, you likely did so so that you could have some form of freedom in your life and career. Maybe that was the freedom to never have your income capped, the freedom to work any time from anywhere, or the freedom to have more time for the things that matter to you. But somewhere along the way, you might have found yourself feeling more stuck than ever. In this episode, I’m breaking these down into three types of freedom and sharing what you need to do to take steps toward each one.
Are you looking for more information on building wealth with your business? Sign up for my free email newsletter, Millionaire Mondays!
Links mentioned:
- Listen to Ep. 106: How Much Money Do I Need to Reach Financial Freedom?
- Listen to Ep. 112: Prioritizing Your Time to Grow Your Business
- Sign up for my Profit Plan Challenge
In this episode, I cover:
- 0:00 What business owners really mean when they say they want more freedom
- 0:52 Reframing how you approach financial freedom as a business owner
- 3:01 Shifting your priorities to spend your time on the right things
- 4:31 The most important - and often overlooked - type of freedom
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Sarah Young Website
- YouTube
- Young + Co Website
In honor of my new membership - High Profit Society - launching soon, I’m doing a series on the podcast all about the membership's core themes: growing your business, growing your profits, and growing your bank account. In this episode, I’m covering how to grow your business by prioritizing the marketing sales tactics that will actually move the needle forward.
Are you looking for more information on building wealth with your business? Sign up for my free email newsletter, Millionaire Mondays!
Links mentioned:
- Watch Episode 107: The Identity Shift That Will Take You to the Next Level
- Watch Episode 111: Overcoming Overwhelm & Fear of Failure
- Join the waitlist for The High Profit Society
- Sign up for my Profit Plan Challenge
In this episode, I cover:
- 0:00 The #1 reason business owners struggle to grow their business
- 6:57 How to stop overscheduling and overcommitting yourself
- 9:07 Effective ways to build an audience of ideal clients
- 12:01 Focusing on one core offer or niche that delivers incredible results
- 18:36 Why your self-care should remain a top priority
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Sarah Young Website
- YouTube
- Young + Co Website
Setting your business on the fast track to success can come down to one simple action: overcoming feelings of overwhelm. We set big goals for ourselves and then get overwhelmed at everything we need to do to get there, leading to us either quickly burning out or never even taking that first step. In this episode, I’m sharing my best tactics for overcoming overwhelm so you can build your business faster.
Are you looking for more information on building wealth with your business? Sign up for my free email newsletter, Millionaire Mondays!
Links mentioned:
- Sign up for my Profit Plan Challenge
In this episode, you’ll learn:
- 0:00 Why you might be feeling overwhelmed with your goals
- 1:17 Why taking baby steps is always more effective than going from 0 to 100
- 3:26 How my Profit Plan Challenge in April can support your next steps
- 3:51 Understanding the underlying fears causing overwhelm
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Sarah Young Website
- YouTube
- Young + Co Website
Tracking your metrics might feel daunting and scary, but keeping tabs on your business data could help you make the shift from frazzled, uncertain business owner to profitable, confident CEO. In this episode, I’m sharing the top metrics you should track so you feel more sure and strategic in your business.
Are you looking for more information on building wealth with your business? Sign up for my free email newsletter, Millionaire Mondays!
Links mentioned:
- Episode 95: Three Ways to Pay Yourself $100K This Year
- Join the waitlist for The High Profit Society
In this episode, you’ll learn:
- 0:00 Why data is such a valuable resource in your business
- 3:24 The difference between lagging metrics and leading metrics
- 4:28 Financial metrics you need to track to make smart business decisions
- 15:57 Leading metrics that let you know what’s driving sales
- 19:32 How to track these metrics in the easiest way possible
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Sarah Young Website
- YouTube
- Young + Co Website
Setting huge and audacious annual goals is exciting, but it can trick us into thinking we have all the time in the world to reach those goals. Enter my quarterly planning process: the system that has helped me create the business and life of my dreams. In this episode, I’ll show you my exact process so the next quarter will be your most strategic and efficient one yet.
Are you looking for more information on building wealth with your business? Sign up for my free email newsletter, Millionaire Mondays!
Links mentioned:
- Sign up for my Profit Plan Challenge
In this episode, you’ll learn:
- 0:00 Why quarterly goals are more effective than annual goals
- 1:00 Establishing your long-term vision and reflecting on the previous quarter
- 3:06 How to prioritize your top goals for the next quarter
- 4:00 My calendaring system for planning your action steps
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Sarah Young Website
- YouTube
- Young + Co Website
When I see business owners plan for an upcoming month or quarter, they usually plan two things: their revenue goals, and the marketing plan to get there. Unfortunately, neither of those counts as an actual profit plan to increase the amount of money you’re taking home after taxes and expenses at the end of the day. In this episode, I’m sharing what goes into a profit plan, so you can build those margins over the next quarter!
Are you looking for more information on building wealth with your business? Sign up for my free email newsletter, Millionaire Mondays!
Links mentioned:
- Pricing Calculator included in my Offers That Scale course!
- Sign up for my Profit Plan Challenge
- Get on the waitlist for my new Membership
In this episode, I cover:
- 0:00 Why marketing is important, but totally different from a profit plan
- 5:35 What it means to have a profitable business + how much profit you should be generating
- 10:15 Is it okay for businesses to not be profitable?
- 13:32 What to actually include in your profit plan
- 20:33 My newest offers to help you increase profitability, prioritize wellness, and build wealth from your business
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Sarah Young Website
- YouTube
- Young + Co Website
I’ve been an entrepreneur for five years, and there have been two distinct seasons in my business where I hit huge roadblocks - both mentally and financially. In this episode, I’m sharing what caused the roadblocks (spoiler: it’s me, hi!), how I shifted my identity in those seasons to push past them, and how you can do the same to move past your own roadblocks in your business.
Are you looking for more information on building wealth with your business? Sign up for my free email newsletter, Millionaire Mondays!
In this episode, you’ll learn:
- 0:00 Where I hit the biggest roadblocks in my business
- 0:57 Why $10K months are harder to sustain than people think
- 1:50 How your identity is keeping you stuck in your business
- 4:30 The tactical questions to ask yourself to push past your roadblocks
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Sarah Young Website
- YouTube
- Young + Co Website
How much money is “enough” money? I got this question from a burned out, overwhelmed client, who wanted to know the bare minimum she needed to make to keep things going in her business and life. In this episode, we’ll explore the mindset around having enough money and the skills you can build to change that, and how to calculate how much you need to not only pay your bills, but also set money aside and contribute to your investments.
Are you looking for more information on building wealth with your business? Sign up for my free email newsletter, Millionaire Mondays!
Links mentioned:
- Listen to Ep. 23: Calculate Your Retirement Number + Make a Retirement Plan
- Listen to Ep. 95: Three Ways to Pay Yourself $100K
- Download my free Wealthy CEO Guide
In this episode, you’ll learn:
- 0:00 Why the bare minimum revenue goal is not enough
- 3:28 How the extremes of spending and saving fuel anxiety around money
- 8:21 How sales and business skills will change your mindset around money
- 11:11 Calculating your income, savings, and investment goals
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Sarah Young Website
- YouTube
- Young + Co Website
About 10 years ago, I found myself leaving a toxic marriage with $55K in debt and less than $1,000 in cash. Today, I run a 7-figure business, I have a net worth of $1.2 Million (and counting), and I’m in a healthy and fulfilling marriage. In this episode, I’m sharing five millionaire habits you can start implementing today to achieve millionaire status and the freedom that comes with it.
Are you looking for more information on building wealth with your business? Sign up for my free email newsletter, Millionaire Mondays!
In this episode, I cover:
- 0:00 My story of going from $55K in debt to $1.2M net worth
- 1:43 How your checking account is losing you money
- 2:31 Reviewing your cash flow plan weekly
- 3:18 Utilizing credit cards for cash rewards
- 4:02 Avoiding debt as a way to cover expenses
- 4:46 Keeping an eye out for opportunities to invest
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Sarah Young Website
- YouTube
- Young + Co Website
I get asked a lot about what exactly I did to build my net worth to the seven figure level through my business. There is so much information out there about what does and doesn’t make you rich, so in this episode, I’m sharing the four habits and strategies that helped me make more money, stay focused, and become a millionaire.
Are you looking for more information on building wealth with your business? Sign up for my free email newsletter, Millionaire Mondays!
Links mentioned:
- Download my free Wealthy CEO Guide
In this episode, you’ll learn:
- 0:00 My background of feeling burnt out and having unprofitable offers
- 3:44 What didn’t make me a millionaire
- 4:28 Taking fast, decisive action once you make a plan
- 7:25 Focusing on one income stream or offer at a time
- 13:02 Continuing to show up even when no one is listening
- 16:00 Asking yourself: what would “millionaire me” do?
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Sarah Young Website
- YouTube
- Young + Co Website
Welcome to the very first Monday episode of Profit + Prosper! Starting this week, I’ll be uploading a short, potent extra episode on Mondays in addition to our Thursday releases. These will be created specifically for YouTube, so definitely subscribe to my channel to watch them there!
In this episode, I’m sharing the four keys that will actually help you build wealth in your business and in your personal life. There is so much misinformation and misrepresentation of what wealth looks like in the online business world, so my mission with this episode is to break it down in a realistic, actionable way that you can start executing on today.
If you found this helpful, download my free Wealthy CEO Guide to jump start your wealth building journey!
Are you looking for more information on building wealth with your business? Sign up for my free email newsletter, Millionaire Mondays!
In this episode, you’ll learn:
- 0:00 What business influencers get wrong about wealth
- 1:26 The four key skills you need to build wealth
- 3:50 Your exact roadmap for starting your wealth building journey
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Sarah Young Website
- YouTube
- Young + Co Website
My team is officially at capacity with the clients we have, but we’re still onboarding clients without overwhelming myself or my team. In this episode, I’m sharing exactly how we’re navigating this business season without slowing down growth, the biggest mistakes I see business owners make when they’re at capacity, and what you can do to be ready for increasing your capacity.
Are you looking for more information on building wealth with your business? Sign up for my free email newsletter, Millionaire Mondays!
Links mentioned:
- Listen to Ep. 101: Designing Client Delivery Systems That Can Run Without You
In this episode, I cover:
- 0:00 How I’m navigating hitting capacity… while still taking on new clients
- 2:58 Why overhiring (or under-hiring) are not the move
- 6:50 The shift you need to make to avoid under hiring
- 10:04 Demystifying what team support can look like
- 12:59 Three things to nail down so you can manage your team profitably
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Sarah Young Website
- YouTube
- Young + Co Website
There’s a business milestone that might be more elusive than any revenue goal: when your business can run without you. If you’re a service-based business, this might feel downright impossible, but it’s a crucial piece to scaling your business sustainably. In this episode, I’m sharing the four steps you can take to design a client delivery process that allows you to step out of the day-to-day work so you can focus on high-level tasks.
Are you looking for more information on building wealth with your business? Sign up for my free email newsletter, Millionaire Mondays!
Links mentioned:
- Listen to Ep. 99: Scale Your Business Easily + Sustainably
- Listen to Ep. 90: The Right Role For Your Next Hire | Build a Dream Team Pt. 1
- Scaling Made Simple
In this episode, I cover:
- 0:00 Why efficient client delivery is the best way to scale your business
- 3:26 Crafting standardized offers
- 5:33 Creating a stellar onboarding process
- 11:04 Getting clear on the who, what, when, and how of client communication
- 13:52 Training your team to deliver efficiently
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Sarah Young Website
- YouTube
- Young + Co Website
Y’all, we’ve hit the major milestone of 100 episodes of Profit + Prosper! To celebrate, I’m switching it up by doing some coaching and answering your questions about your specific business and money goals. I share the truth about launching a coaching business, paying off debt vs. building a savings account, and overcoming the fear that your business could fail. Thank you so much for being a listener of the podcast - your support means the world!
Are you looking for more information on building wealth with your business? Sign up for my free email newsletter, Millionaire Mondays!
In this episode, I cover:
- 0:00 Thank you for helping me reach 100 episodes!
- 2:56 Should I create a coaching offer to increase my revenue?
- 10:11 How can I revamp an existing offer to get more clients?
- 14:42 How do I hire the right person to help me grow my business?
- 20:57 We don’t have much cash in savings or retirement, and we have some debt… What money goal should we prioritize first?
- 29:17 How do I break out of a scarcity mindset and the fear that my business will fail?
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Sarah Young Website
- YouTube
- Young + Co Website
If the thought of scaling your business overwhelms you because you think it means everything has to be harder, I want to challenge you on that. Scaling your business does not have to be hard, but it can be if you don’t grow it in a way that’s sustainable. In this episode, I unpack the practices that are currently making your business difficult to scale, and how to craft and price offers that you can sell with ease.
To Enter the 100 Reviews by 100th Episode Giveaway:
- Leave a review on Apple Podcasts and take a screenshot
- Fill out this form and attach the screenshot of your review
- Encourage your business besties to listen, rate, and review so we can hit 100 reviews by the deadline!
Are you looking for more information on building wealth with your business? Sign up for my free email newsletter, Millionaire Mondays!
Links mentioned:
- Offers That Scale Course
- Scaling Made Simple
In this episode, I cover:
- 0:00 Why scaling your business doesn’t have to be hard
- 8:05 How customization, underpricing, and generalizing are making your business unsustainable
- 15:29 Creating offers that are valuable to your ideal client
- 18:14 Formulas for pricing your offers to be profitable
- 21:32 Validating your offer with bare minimum sales collateral
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Sarah Young Website
- YouTube
- Young + Co Website
Scaling your business means stepping out of the day-to-day work IN your business, so you can work ON your business - and work on yourself! But how can we do that when our schedule is cluttered with meetings, constant emails and slack messages, and client delivery? Enter my business coach, Kelsea Koenreich. In this episode, Kelsea shares the tactical and mindset shifts to reclaim your time, redefine your identity both inside and outside of your business, and what your life will look like after you implement those changes.
After living a life with no intention in her days, Kelsea went on a quest to find her true purpose and start living a life with intention. She shows clients that you don’t have to put your personal well-being or the people you love on the back burner in the pursuit of success or greater impact. She teaches how to lead to create change through deep thought partnership and strategic business coaching to mom founders and entrepreneurs.
Connect with Kelsea:
- Website
- Resources
Are you looking for more information on building wealth with your business? Sign up for my free email newsletter, Millionaire Mondays!
In this episode, we cover:
- 0:00 Kelsea’s story + why having different perspectives around you is so important
- 7:03 How to design a CEO schedule tailored to your goals
- 17:53 Building integrity with yourself + committing to the long term vision
- 26:20 How to dramatically reduce your time spent on meetings, emails, and deliverables… without losing all your clients
- 39:06 The incredible identity shift that comes from claiming your time
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Sarah Young Website
- YouTube
- Young + Co Website
Last week, I covered the tactical habits that will help you build a financially sustainable business. In this episode, we’re continuing the conversation with one of the most important tools for all business owners: your energy. If your mindset, stress levels, and overall vibe are not well managed, it will negatively affect how you show up for your team, your clients, and your goals.
To Enter the 100 Reviews by 100th Episode Giveaway:
- Leave a review on Apple Podcasts and take a screenshot
- Fill out this form and attach the screenshot of your review
- Encourage your business besties to listen, rate, and review so we can hit 100 reviews by the deadline!
Are you looking for more information on building wealth with your business? Sign up for my free email newsletter, Millionaire Mondays!
Links mentioned:
- Listen to Episode 96: Tactical Habits for a Financially Sustainable Business
- Listen to Episode 94: Let’s 10X Your Business | Stepping Into the Best Version of Your CEO Self
- Listen to Episode 41: The Best ROI You Can Get Is Investing In YOU with Tanessa Shears
- 10% Happier by Dan Harris
- Burnout by Emily & Amelia Nagoski
In this episode, I cover:
- 0:00 My 100th episode giveaway + special Scaling Made Simple bonus
- 5:17 How your energy and mindset are impacting your business
- 12:42 Time management and getting your calendar under control
- 14:56 Working on your mindset to better respond to triggers
- 19:32 Regulating your nervous system to improve stress management
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Sarah Young Website
- YouTube
- Young + Co Website
So many business owners get stuck in the feast or famine cycle, which leaves them feeling burnt out, frustrated, and stressed about making the financials work. In this episode, I’m sharing the tactical habits and routines you need to implement into your business so it’s financially sustainable. If you’re ready to get off the hamster wheel and feel secure in your business finances, this episode is for you!
To Enter the 100 Reviews by 100th Episode Giveaway:
- Leave a review on Apple Podcasts and take a screenshot
- Fill out this form and attach the screenshot of your review
- Encourage your business besties to listen, rate, and review so we can hit 100 reviews by the deadline!
Are you looking for more information on building wealth with your business? Sign up for my free email newsletter, Millionaire Mondays!
Links mentioned:
- Listen to Episode 95: Three Ways to Pay Yourself $100K
- Offers That Scale Course
- Young + Co | Tax & Bookkeeping Support
In this episode, I cover:
- 0:00 Learning to detach your identity from being “busy”
- 8:01 My 100th episode giveaway + special Scaling Made Simple bonus
- 10:04 What happens when you don’t follow my tactics for a sustainable business
- 13:57 Creating a simple process and plan for weekly lead generation & sales
- 17:22 Getting amazing client results to secure referrals
- 20:52 Managing your business finances well
- 25:27 Which tactic you should work on first
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Sarah Young Website
- YouTube
- Young + Co Website
If you’re reading this, I’m calling it: this is the year you pay yourself a six figure salary as the CEO of your business. In this episode, I cover how to overcome the mindset blocks around paying yourself more, the terms you need to understand to calculate your numbers, and how to reach that $100K paycheck depending on your business model.
To Enter the 100 Reviews by 100th Episode Giveaway:
- Leave a review on Apple Podcasts and take a screenshot
- Fill out this form and attach the screenshot of your review
- Encourage your business besties to listen, rate, and review so we can hit 100 reviews by the deadline!
Are you looking for more information on building wealth with your business? Sign up for my free email newsletter, Millionaire Mondays!
Ready to scale your business to secure your $100K paycheck? Apply for my Scaling Made Simple program! If you pay in full for the program in January 2024, you’ll get a BONUS 2-hour 1:1 strategy session with me!
Links mentioned:
- Episode 54: How I Would Pay Myself $50K, $100K, and $300K
- Build a Dream Team Series | Part 1: The Right Role for Your Next Hire
In this episode, I cover:
- 0:00 Avoiding getting burned out by your business
- 6:25 Thinking bigger about what your business can do for you
- 11:06 The financial terms and benchmarks you need to understand
- 16:51 The high-ticket, low-expense model
- 19:08 The Medium- to high-ticket services with a team model
- 21:19 The Low- to medium-ticket services model
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Sarah Young Website
- YouTube
- Young + Co Website
I hope you’re ready for the new year because we are kicking off 2024 with a bang! In this episode, I’m sharing why having a goal of 10X-ing your business is going to serve you better than slow and steady growth. This is not a one-way ticket to burnout; it’s a mindset shift that will make you think strategically about how to grow quickly and efficiently through delegating (or completely deleting) tasks that don’t align with your best CEO self.
To Enter the 100 Reviews by 100th Episode Giveaway:
- Leave a review on Apple Podcasts and take a screenshot
- Fill out this form and attach the screenshot of your review
- Encourage your business besties to listen, rate, and review so we can hit 100 reviews by the deadline!
Are you looking for more information on building wealth with your business? Sign up for my free email newsletter, Millionaire Mondays!
Links mentioned:
- 10X is Easier Than 2X by Dan Sullivan
- Scaling Made Simple
In this episode, I cover:
- 0:00 How you can win a $2,000 scholarship to one of my programs, or a free 1:1 strategy session with me!
- 4:33 Why huge leaps are better than a slow grind
- 8:50 How to shift into a 10X mindset
- 12:41 Auditing your time as the CEO
- 18:45 How to delegate or delete your low-yield tasks
- 22:50 Putting yourself in the shoes of the CEO of the 10X version of your business
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Sarah Young Website
- YouTube
- Young + Co Website
Welcome to our most popular episode of 2023! This interview got such great feedback, and Sharise’s inspiring action will leave you feeling hyped up and ready to take on the new year!
With just a handful of strategic shifts, you can scale your business from the low six figures to over $1 Million in revenue and a profitable beach house in your portfolio in just one year. I know it’s possible because my client and friend Sharise Johnson did just that. In this jam-packed episode, Sharise shares every move she made, the difficult conversations she had, and the transformation she underwent to quantum scale her business - all while welcoming a brand new baby.
Sharise Johnson is the Founder & CEO of SMJ Communications, a full-scale strategic communications firm that provides support and consultation to schools, districts and education nonprofits.
Honorable Mention: Top Solo Episode of the Year
- Episode 70: How I’ve Made $1 Million in Lifetime Sales
Connect with Sharise!
- Website
- Sharise’s IG
- SMJ Comms IG
- The Elaine Symone Foundation IG
In this episode, we cover:
- 0:00 Sharise Johnson’s journey from corporate comms to agency owner
- 8:42 Restructuring team, packages, and offers to scale from low six figures to over a million in revenue in one year
- 19:09 Her no-lift sales and marketing tactics to bring in new clients
- 23:52 Managing team capacity, streamlining processes, and training the team as she scaled
- 38:56 How Sharise worked on herself to scale the business and balance it with having three babies
- 45:26 Leveraging her business as an asset to invest in real estate
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- YouTube
- Website
This week, we’re highlighting our second most downloaded episode of 2023 - and of all time - where I sat down with Nikki Rausch to talk about increasing sales call conversions and creating offers people actually want to buy. Since this episode, I’ve tried her tips and gotten immediate results!
If you’re tired of sales calls that never seem to convert to new clients, this is the episode for you! Nikki Rausch, the CEO of Sales Maven, has the unique ability to transform the misunderstood process of “selling.” With 25+ years of selling experience, entrepreneurs and small business owners now hire Nikki to show them how to sell successfully and authentically, and in this episode she is sharing everything you need to know about sales to convert your prospects into high-ticket clients.
Download Nikki’s free Mastering the Sales Conversation video training for Profit + Prosper listeners!
Honorable Mentions: Top Series of the Year
- Episode 67: Stop Your Money Leaks + Set Up a Profitable Foundation | Make More Money Pt. 1
- Episode 74: What Is Wealth, and How Do You Build It? | Millionaire CEO Series Pt. 1
Connect with Nikki + Sales Maven
- Sales Maven Website
- Sales Maven Podcast
Are you looking for more information on building wealth with your business? Sign up for my free email newsletter, Millionaire Mondays!
In this episode, we cover:
- 0:00 Intro to Nikki Rausch and Sales Maven
- 5:27 Increasing the lifetime value of your offers for repeat clients
- 11:52 Building out offers people will line up to buy
- 16:21 What you think sales is VS. what it actually is
- 22:55 Sales mistakes you’re making and what to do instead
- 34:05 How to vet clients before a call
- 38:07 Increasing your conversion rates and selling higher ticket offers
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- YouTube
- Website
To round out the year, we are sharing the top Profit + Prosper episodes of 2023! Our third most downloaded episode of the year is our alternative investment strategies episode featuring Rachel Grunn & Andrea Cwik!
If you’ve been listening to the podcast and diligently putting money into your IRA for retirement, that’s awesome! But we need some diversification of your investments so you have assets to pull from before you retire. In this episode, real estate investment experts Rachel Grunn and Andrea Cwik are here to share the ins and outs of alternative investments, including how to get started, how they manage over $140M in assets, and more.
Connect with GoodGood Investing:
- Podcast
- Website
Are you looking for more information on building wealth with your business? Sign up for my free email newsletter, Millionaire Mondays!
Do you have a question or topic you’d like me to cover on the show? Click here to send us your submission!
In this episode with Andrea + Rachel, you’ll learn:
- 0:00 Introducing the top episodes of 2023
- 2:53 Their backgrounds and why this conversation is important
- 9:30 How they manage over 1,800 units and $140M in assets
- 13:21 What alternative investing is and why you should have investments outside your retirement accounts
- 20:16 What cash flow and tax advantages from these investments look like
- 26:15 How to get started with alternative investments and real estate
- 38:45 Why women should embrace alternative investments
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- YouTube
- Website
It’s the time of year when people are locking in their big goals for the new year - but often those goals are set with 12 months at a time in mind. This leaves little room for our priorities to change over the year, or for life to throw us some curveballs. Instead, I plan only for the upcoming quarter, but I’m still working towards a clear vision that will carry me through the year. In this episode, I’ll share how you can steal my strategy to achieve your biggest goals in your business and your life this year!
Are you looking for more information on building wealth with your business? Sign up for my free email newsletter, Millionaire Mondays!
Links mentioned:
- Listen to Ep. 43: Plan Out Your 2023 Money Moves with a Year-End Review
- Download my Free 2024 Planning PDF
- Apply for Scaling Made Simple
- Listen to Ep. 15: Calculate Your Monthly Baseline Revenue
In this episode, I cover:
- 0:00 Why quarterly planning is more effective than annual planning
- 8:37 Creating (and revisiting) your life vision
- 11:13 Reviewing your last quarter to see what’s working… and what’s not
- 12:30 Setting goals for the upcoming quarter that will move your business, wealth, and life vision forward
- 17:31 Calendaring out your goals to stay realistic and track your progress
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Sarah Young Website
- YouTube
- Young + Co Website
Okay, you’ve posted the perfect job descriptions and hired some amazing employees - now what? Leading and managing your team is when the real work starts. In the third and final part of my Build a Dream Team series, I cover the five leadership skills and processes that will ensure you’re effectively managing your dream team. Whether you’re a seasoned team leader or you’re brand new to managing your own team, you’ll find value in the tactics I’ve learned from my own experience, and from our 7- and 8-figure clients.
Listen to part 1 and part 2 of this series!
Are you looking for more information on building wealth with your business? Sign up for my free email newsletter, Millionaire Mondays!
Links mentioned:
- Go to https://www.sarahhyoung.com/blackfriday for some amazing Black Friday deals on my courses, programs, and private mentorship!
- Scaling Made Simple - Apply during the Black Friday sale to get up to $2,000 off! (Limited discounted spots available)
In this episode, I cover:
- 0:00 Recap of parts one and two + my stellar Black Friday sale!
- 3:56 Why culture, leadership, and management are so important for your business
- 9:14 Setting the tone as the leader of your team
- 11:46 Communicating clear expectations to your team
- 14:09 Conducting performance reviews that aren’t awkward
- 17:53 The right way to delegate to and train your team
- 20:14 Hosting weekly team meetings
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Sarah Young Website
- YouTube
- Young + Co Website
Many decisions we make as entrepreneurs can feel scary, but potentially hiring the wrong person for your team might top the list. In part 2 of my Build a Dream Team series, I’m sharing the four things you need to focus on to attract the best candidates for your role and secure the best person for the job. Make sure to listen to part 1 of this series on determining the next role you need to hire for first!
Are you looking for more information on building wealth with your business? Sign up for my free email newsletter, Millionaire Mondays!
Links mentioned:
- Go to https://www.sarahhyoung.com/blackfriday for some amazing Black Friday deals on my courses, programs, and private mentorship!
- Scaling Made Simple - Apply during the Black Friday sale to get up to $2,000 off! (Limited discounted spots available)
In this episode, I cover:
- 0:00 My gratitude for my listeners + my can’t-miss Black Friday deals!
- 5:45 Including your mission, vision, and values in the job description
- 9:53 Developing a strong screening process
- 13:35 Hosting intentional interviews
- 15:17 Determining appropriate compensation and benefits for this role
- 19:19 Mindset blocks around hiring contractors vs. employees
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Sarah Young Website
- YouTube
- Young + Co Website
One of the best investments you can make in your business is hiring a team, but there is so much that goes into planning for, hiring, and onboarding those team members. It’s crucial that you put the right people in the right roles, so in this episode, I’m sharing how to decide which role you should hire next, and the common hiring mistakes I see business owners make before they even interview anyone. Are you looking for more information on building wealth with your business? Sign up for my free email newsletter, Millionaire Mondays! Links mentioned: Get My Free Mini Course on Scaling and Apply for Scaling Made Simple Check out our library of freebies! Opting in to any of my freebies will get you on the email list for my Black Friday sales! Listen to Episode 49: Pay Yourself Six Figures By Specializing or Niching with Natalie Eckdahl In this episode, I cover: 0:00 Free resources and upcoming Black Friday Deals 4:07 Why not hiring the right team members will cost you money in the long run 10:19 Developing an efficient and repeatable delivery model 13:44 Getting clear on what you actually need before you hire 17:57 Outlining extremely detailed job responsibilities I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same. Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together! Connect with Sarah: Instagram Sarah Young Website Facebook YouTube Young + Co Website
Your relationship with money and your mindset around spending can quite literally make or break your ability to build a cash cushion. If this is something you’re struggling with, this episode is for you! I’m diving into how money’s intangibleness can mess with our heads, how to evaluate your relationship with spending, and the common money thoughts that are holding you back. This is part 4 of a four-part series about saving up six figures in cash, so check out part 1, part 2, and part 3 here!
LAST CALL to sign up for my Money Momentum program! We kick off on Tuesday, November 14th, so enrollment closes at the end of the day on November 13th!
Are you looking for more information on building wealth with your business? Sign up for my free email newsletter, Millionaire Mondays!
Links mentioned:
- Listen to Episode 80: Making Changes to Actually Achieve Your Goals
- Listen to Episode 33: My Personal Money Story
- Part 1: The Elements of a Six-Figure Savings Plan
- Part 2: How to Pay Yourself & Still Save Money
- Part 3: Saving Money When Your Cashflow Is Inconsistent
In this episode, I cover:
- 0:00 Last call to join my Money Momentum group program!
- 6:19 Why money as a concept is kinda weird
- 10:10 Evaluating and reframing your relationship with money
- 18:08 Common money thoughts preventing you from saving money
- 24:00 The biggest takeaway I want you to have from this episode
Do you have a question or topic you’d like me to cover on the show? Click here to send us your submission!
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Sarah Young Website
- YouTube
- Young + Co Website
Inconsistent cash flow months should not deter you from saving money in your business each month! In this episode, I’m sharing how to save money even when cash flow is not consistent, and how to plan your cash flow accordingly. This is part 3 of a four-part series about saving up six figures in cash, so check out part 1 and part 2 here!
LAST CALL to register for my free masterclass - Three Tools You Need to Save $100K - on November 3rd! Sign up here for the Money Momentum waitlist to get the link to the masterclass!
My Money Momentum program kicks off on Tuesday, November 14th! BONUS: If you attend the masterclass and enroll in Money Momentum by Monday, November 6th, you’ll get a personalized, private cash flow audit and plan from me!
Are you looking for more information on building wealth with your business? Sign up for my free email newsletter, Millionaire Mondays!
Links mentioned:
- Part 1: The Elements of a Six-Figure Savings Plan
- Part 2: How to Pay Yourself & Still Save Money
- Scaling Made Simple Program
- Listen to Episode 6: How to Make Money Management Easy | My Spin on Profit First
In this episode, you’ll learn:
- 0:00 Why it’s normal to have inconsistent cashflow months
- 6:28 How cash flow planning, money systems, and mindset all factor in
- 9:47 Creating more consistent cash flow months with recurring revenue
- 14:50 “Faking” consistent income with strong money systems
- 18:16 What to do when you have cash flow surprises
Do you have a question or topic you’d like me to cover on the show? Click here to send us your submission!
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Sarah Young Website
- YouTube
- Young + Co Website
If you’re just starting out on your savings journey, you might not be sure how much you can put away each month from your business. One of the biggest questions I get is how much people can afford to pay themselves and how much they can save, and I’m answering both of those questions in today’s episode. This is part 2 of a four-part series about saving up six figures in cash, so check out part 1 here!
My Money Momentum program kicks off on Tuesday, November 14th! Sign up for the waitlist and get an invitation to my free masterclass - Three Tools You Need to Save $100K - on November 3rd. BONUS: If you attend the masterclass and enroll in Money Momentum by Monday, November 6th, you’ll get a personalized, private cash flow audit and plan from me!
Are you looking for more information on building wealth with your business? Sign up for my free email newsletter, Millionaire Mondays!
Links mentioned:
- Part 1: The Elements of a Six-Figure Savings Plan
- Scaling Made Simple Program
In this episode, you’ll learn:
- 0:00 Approaching finances holistically
- 7:07 Why paying ourselves can be such a big issue
- 12:10 Why “How much can I afford?” is the wrong question to ask
- 15:02 Crunching the numbers for pay and savings
- 19:27 What to do if your monthly income is inconsistent
- 21:02 The caveat for S-Corp owners
Do you have a question or topic you’d like me to cover on the show? Click here to send us your submission!
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Sarah Young Website
- YouTube
- Young + Co Website
How would it feel to have six figures in cash saved up in your business or personal accounts… or both? Investments are really important, but having cash at your fingertips is a totally different level of financial freedom. This is part 1 of a four-part series about saving up six figures in cash, and in this episode I’m sharing the components of a strong savings plan, asking yourself the single most important question about your money, and what causes a breakdown in savings plans.
My Money Momentum program kicks off on Tuesday, November 14th! Sign up for the waitlist and get an invitation to my free masterclass - Three Tools You Need to Save $100K - on November 3rd. BONUS: If you attend the masterclass and enroll in Money Momentum by Monday, November 6th, you’ll get a personalized, private cash flow audit and plan from me!
Are you looking for more information on building wealth with your business? Sign up for my free email newsletter, Millionaire Mondays!
Links mentioned:
- Episode 79: How to Save $100K From Your Business
In this episode, you’ll learn:
- 0:00 Free Masterclass on 11/3: Three Tools You Need to Save $100K
- 5:53 What it means to build momentum
- 8:06 The elements of a strong savings plan
- 13:33 What is your money for? Creating your financial priorities
- 17:20 Where savings plans tend to break down
Do you have a question or topic you’d like me to cover on the show? Click here to send us your submission!
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- YouTube
- Website
In part 2 of our business acquisition journey, we are sharing the (literal) blood, sweat, and tears that have gone into everything after our offer was accepted. My husband, Brandon Young, is back to talk about the funding and SBA processes, our entity structure with the new business, and what the transition has been like so far. Plus, we answer your questions that you submitted about it all! If you haven’t yet, make sure you listen to part 1!
Are you looking for more information on building wealth with your business? Sign up for my free email newsletter, Millionaire Mondays!
Links mentioned:
- Listen to Ep. 84: Business Acquisition BTS Pt. 1 | Life Vision, Finding the Right Biz to Buy, and How We Secured the Deal
- Live Oak Bank
In this episode, we cover:
- 0:00 Securing the funding after your offer has been accepted
- 12:01 Underwriting and what we would do differently next time
- 16:54 What was the entity structure we went with
- 21:01 The integration process after closing on the business
- 30:58 Q&A: Would we go through this process again, what surprised us, and what’s next for us
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- YouTube
- Website
If you’ve been following my business acquisition journey, you do not want to miss this two-part series! I am joined by my husband, Brandon Young, and we’re sharing all the details on the entire process, from deciding to buy a business (and past attempts that didn’t work out) to where we are now as we fold the new business into Young + Co.
Are you looking for more information on building wealth with your business? Sign up for my free email newsletter, Millionaire Mondays!
Links mentioned:
- Think and Grow Rich
In this episode, we cover:
- 0:00 Brandon’s background in entrepreneurship
- 9:49 Our attempts to buy three other businesses and why they didn’t work out
- 14:26 Making the decision to pursue more in our business and life
- 20:32 Our overall goals and vision for our life
- 26:40 The steps we took to find the right accounting firm to buy
- 36:20 What’s in a letter of intent, seller financing, and red flags to looks for
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- YouTube
- Website
As business owners and mothers, we want to leave a financial legacy for our children so they never have to worry about money - but what’s the best way to do that? In this episode, I’m sharing my tips for building a legacy for your family through financial literacy, college savings (and alternatives to 529s!), and estate planning for leaving your business and other assets to your family.
Are you looking for more information on building wealth with your business? Sign up for my free email newsletter, Millionaire Mondays!
Do you have a question or topic you’d like me to cover on the show? Click here to send us your submission!
Links mentioned:
- The Simple Path to Wealth by J L Collins
- Get my FREE 12-Page Journey to Wealth Guide
In this episode, I cover:
- 0:00 What it means to build a legacy
- 7:23 Why you need to prioritize your own financial well-being first
- 11:24 Paying for your child’s education and alternatives to a 529 account
- 17:25 Opening a retirement account for your children through your business
- 21:40 Leveraging estate planning to leave assets for your children
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- YouTube
- Website
Last week, I shared a case study on my Instagram of two clients that have the same amount of revenue and wildly different gross profit margins. In this episode, I’m diving deeper into what was holding one of them back from boosting profit, how we plan to get them to healthy and abundant profit margins, and how you can apply those same strategies in your business.
Are you looking for more information on building wealth with your business? Sign up for my free email newsletter, Millionaire Mondays!
Do you have a question or topic you’d like me to cover on the show? Click here to send us your submission!
Links mentioned:
- My IG post on the client numbers
- Listen to Ep. 50: Creating Highly Profitable Offers | Profit Series Pt. 1
- Offers Priced Right Course
- The Six Figure Blueprint
- Virtual CFO Services
In this episode, you’ll learn:
- 0:00 How a non-strategic financial team might be hurting your profitability
- 4:53 The clients’ numbers + how to find your gross profit
- 14:56 The #1 driver of gross profit: pricing your offers
- 21:31 The #1 driver of gross profit: managing your team
- 26:40 More resources to help you increase gross profit
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- YouTube
- Website
Picture working only 4-6 hours a day, opening your email inbox and not feeling overwhelmed, and cranking out only the most important tasks each day… It looks pretty good, right? In this episode, systems and productivity expert Brittany Dixon joins us to share her strategies for creating and striving for your dream schedule, setting up systems that actually work for you, and being more productive with your revenue-generating tasks.
Brittany Dixon is a Minimalist Business Strategist and Fractional COO and she helps business owners create a business without burnout by giving them systems, strategies, and routines so they can increase their revenue and triple their productivity for massive impact. She's host of The Productivity Pod(cast) and loves traveling by RV across the country and camping with friends and family.
Connect with Brittany!
- Website
- The Dixon Detour IG
- The Dixon Detour TikTok
Are you looking for more information on building wealth with your business? Sign up for my free email newsletter, Millionaire Mondays!
Do you have a question or topic you’d like me to cover on the show? Click here to send us your submission!
Links mentioned:
- Asana
- 17Hats
- Voxer
- Dictating messages and docs on Mac
In this episode, we cover:
- 0:00 Brittany’s shift from home organization to business organization
- 5:22 What minimalist systems look like & Brittany’s favorite programs
- 10:17 How she runs her business, homeschools her kids, and travels in an RV
- 15:04 Transitioning from your default schedule to your dream schedule
- 25:18 Managing your email inbox effectively and changing how you communicate with clients
- 31:38 The biggest blockers keeping you from achieving time freedom
- 38:21 How better systems and productivity lead to financial freedom
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- YouTube
- Website
I’ve been back on my health game over the last couple of months, and it inspired me to share how making small changes to my mindset, behaviors, and habits has wildly changed my results. In this episode, I’m sharing the exact changes I’ve made to prioritize my health, and how you can apply them to the next big goal on your list.
Resources mentioned:
- The Life Coach School Podcast: The Self Coaching Model
- At Home with Byron Katie Podcast
- Atomic Habits by James Clear
Do you have a question or topic you’d like me to cover on the show? Click here to send us your submission!
In this episode, I cover:
- 0:00 Why making tiny changes is the key to big results
- 9:24 What makes change so hard
- 16:43 How to actually change your habits and behaviors
- 21:07 Letting go of perfectionism & fear and changing your environment
- 27:32 Three steps you need to change your mindset
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- YouTube
- Website
Imagine having $100,000 in cash saved up to go towards your retirement, protect your business in a downturn, or invest in real estate. How much anxiety would that take off your shoulders about your future? In this episode, I’m sharing four steps to generate $100K in savings from your business to make that stress-free financial future your reality.Apply for the Millionaire CEO Incubator by September 10th for the Fall 2023 cohort! Episodes mentioned: 35: Why $250K Is the New $100K 50-53: The Profitability Series 33: So I Once Had Over $55K in Debt… My Personal Money StoryDo you have a question or topic you’d like me to cover on the show? Click here to send us your submission! In this episode, I cover: 0:00 What it means to save $100K - and why that specific number is important 9:46 Why you should apply for the Millionaire CEO Incubator 14:29 Leveraging the extra cash you have in your business right now 18:49 Figuring out how much you need to save in your business 24:41 Do you need to make more money in order to save? 30:36 Where to put your savings to maximize them I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same. Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together! Connect with Sarah: Instagram Facebook YouTube Website
With just a handful of strategic shifts, you can scale your business from the low six figures to over $1 Million in revenue and a profitable beach house in your portfolio in just one year. I know it’s possible because my client and friend Sharise Johnson did just that. In this jam-packed episode, Sharise shares every move she made, the difficult conversations she had, and the transformation she underwent to quantum scale her business - all while welcoming a brand new baby.
Sharise Johnson is the Founder & CEO of SMJ Communications, a full-scale strategic communications firm that provides support and consultation to schools, districts and education nonprofits.
Connect with Sharise!
- Website
- Sharise’s IG
- SMJ Comms IG
- The Elaine Symone Foundation IG
Apply for the Millionaire CEO Incubator by September 10th for the Fall 2023 cohort!
Do you have a question or topic you’d like me to cover on the show? Click here to send us your submission!
In this episode, we cover:
- 0:00 Sharise Johnson’s journey from corporate comms to agency owner
- 10:27 Restructuring team, packages, and offers to scale from low six figures to over a million in revenue in one year
- 20:53 Her no-lift sales and marketing tactics to bring in new clients
- 25:37 Managing team capacity, streamlining processes, and training the team as she scaled
- 40:41 How Sharise worked on herself to scale the business and balance it with having three babies
- 47:12 Leveraging her business as an asset to invest in real estate
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- YouTube
- Website
One big thing I’ve learned in building a seven-figure net worth is that building wealth isn’t just about saving money, it’s about investing it strategically and spending it guilt-free. In this episode, I’m breaking down where you can automate your savings, investments, and earnings, and how to identify what’s important to you to spend money on so you can make your purchases with zero guilt!
Apply for the Millionaire CEO Incubator by September 10th for the Fall 2023 cohort!
Resources mentioned:
- Listen to Part 1: What Is Wealth, and How Do You Build it?
- Listen to Part 2: Build a 7 Figure Empire Before You Reach 7 Figures In Sales
- Listen to Part 3: Plan Your Money Goals With a Millionaire Money Date
- Episode 6: How to Make Money Management Easy | My Spin on the Profit-First Method
In this episode, I cover:
- 0:00 What’s new for the next cohort of the Millionaire CEO Incubator
- 5:55 Why we tend to feel guilty about spending money
- 8:38 The systems I’ve put in place to feel good about spending
- 13:37 Identifying what makes sense for you to spend money on
- 16:31 The numbers you need to know in your business
- 21:12 What you can automate in your savings and investing
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Sarah Young Website
- YouTube
- Young + Co Website
Grab a fancy latte or your favorite glass of wine, we’re going on a date… a money date, that is! Millionaire money dates are the key to manifesting your million dollar net worth and should get you excited about taking action towards building wealth. If you are someone that dreads talking about money and taking a hard look at your personal finances, this is the episode for you! If you’re already excited about planning your wealth goals, even better! This episode has the exact questions to ask yourself on these dates, and how to plan for them effectively.
Apply for the Millionaire CEO Incubator by September 10th for the Fall 2023 cohort!
Resources mentioned:
- Listen to Part 1: What Is Wealth, and How Do You Build it?
- Listen to Part 2: Build a 7 Figure Empire Before You Reach 7 Figures In Sales
In this episode, I cover:
- 0:00 What you’ll learn in the Millionaire CEO Incubator
- 5:11 Millionaire manifestation and the six pillars of wealth building
- 8:33 Money date basics: frequency, involving your partner, etc.
- 11:46 The four questions you need to ask yourself on your money dates
- 24:29 The ultimate antidote to feeling overwhelmed about money
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Sarah Young Website
- YouTube
- Young + Co Website
As an entrepreneur, you can’t separate your business from your wealth plan and personal financial situation. The cash flow you’re generating in your business has a direct impact on your wealth-building opportunities, so in this episode, I’m sharing how the financial health of my business can allow you to acquire more assets to build a 7-figure empire. If you want a deeper dive on how you can build your own 7-figure empire, make sure you sign up for my live masterclass, Potential to Prosper, on August 10th!
Resources mentioned:
- Listen to Part 1: What Is Wealth, and How Do You Build it?
- Potential to Prosper | Sign up for my live masterclass on August 10th to unlock 7-figure wealth within your business
In this episode, I cover:
- 0:00 My resources for wealth-building entrepreneurs
- 3:46 How your business affects your wealth building opportunities
- 6:34 Your business’ cash flow is the key to building your empire
- 13:58 Exit strategies that will help you leverage your business to live your best life
- 17:49 How to make work optional + what to do with all that extra time
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Sarah Young Website
- YouTube
- Young + Co Website
We love a good series around here, so this week I’m kicking off a new one called the Millionaire CEO Series. I have a lot to say about building wealth and helping female business owners turn their companies into wealth-building machines, and this week I’m covering what wealth actually is (and what it is not!), what goes into a wealth portfolio, and some asset ideas to inspire you to start building wealth. I also share some of the new and revamped services to support you, which you can check out at my new website!
Resources mentioned:
- Potential to Prosper | Sign up for my live masterclass on August 10th to unlock 7-figure wealth within your business
- Apply for the Millionaire CEO Incubator by September 10th for the Fall 2023 cohort
- Listen to Episode 73: Alternative Investment Strategies
In this episode, I cover:
- 0:00 The Millionaire CEO Series and my newest offers to help you build wealth
- 5:36 Why wealth is just as much a mindset as it is money in the bank
- 11:30 What actually goes into a wealth portfolio to build your net worth
- 18:32 Ideas of wealth-building assets to get you started
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Sarah Young Website
- YouTube
- Young + Co Website
If you’ve been listening to the podcast and diligently putting money into your IRA for retirement, that’s awesome! But we need some diversification of your investments so you have assets to pull from before you retire. In this episode, real estate investment experts Rachel Grunn and Andrea Cwik are here to share the ins and outs of alternative investments, including how to get started, how they manage over $140M in assets, and more.
Connect with GoodGood Investing:
- Podcast
- Website
Are you looking for more information on building wealth with your business? Sign up for my free email newsletter, Millionaire Mondays!
Do you have a question or topic you’d like me to cover on the show? Click here to send us your submission!
In this episode with Andrea + Rachel, you’ll learn:
- 0:00 Their backgrounds and why this conversation is important
- 6:37 How they manage over 1,800 units and $140M in assets
- 10:34 What alternative investing is and why you should have investments outside your retirement accounts
- 17:23 What cash flow and tax advantages from these investments look like
- 23:22 How to get started with alternative investments and real estate
- 37:05 Why women should embrace alternative investments
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- YouTube
- Website
The pressure to stay on the social media hamster wheel is strong, but so many business owners don’t actually see a sales return on the time (or money) they’re spending on their social media content. Enter Amanda Warfield, a simplicity-focused content marketing and launch strategist. In this episode, Amanda is sharing the tactical tips you need to build a content strategy that converts, batch content without burnout, and - dare I say it? - have more fun in your content creation process.
Connect with Amanda:
- Website
- Chasing Simple Podcast
- Pre-Order Chasing Simple Marketing
Are you looking for more information on building wealth with your business? Sign up for my free email newsletter, Millionaire Mondays!
Do you have a question or topic you’d like me to cover on the show? Click here to send us your submission!
Links mentioned:
- Listen to Episode 62: Bring Your Business In Alignment with Human Design with Rachel Hatteberg Walt
In this episode, we cover:
- 0:00 Amanda’s story + why you need a content marketing strategy
- 9:17 Looking at social media as a relationship-building tool
- 15:51 Overcoming the growing pains of building a social media following
- 22:43 Content marketing strategy vs. planning your posts
- 27:01 How to actually make sales from your social media
- 32:44 Content batching 101 | How to break up tasks, how many posts to create, etc.
- 41:17 The reality of accounts that post tons and tons of content
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- YouTube
- Website
If you’re tired of sales calls that never seem to convert to new clients, this is the episode for you! Nikki Rausch, the CEO of Sales Maven, has the unique ability to transform the misunderstood process of “selling.” With 25+ years of selling experience, entrepreneurs and small business owners now hire Nikki to show them how to sell successfully and authentically, and in this episode she is sharing everything you need to know about sales to convert your prospects into high-ticket clients.
Download Nikki’s free Mastering the Sales Conversation video training for Profit + Prosper listeners!
Connect with Nikki + Sales Maven
- Sales Maven Website
- Sales Maven Podcast
Are you looking for more information on building wealth with your business? Sign up for my free email newsletter, Millionaire Mondays!
Do you have a question or topic you’d like me to cover on the show? Click here to send us your submission!
In this episode, we cover:
- 0:00 Intro to Nikki Rausch and Sales Maven
- 4:24 Increasing the lifetime value of your offers for repeat clients
- 10:49 Building out offers people will line up to buy
- 15:17 What you think sales is VS. what it actually is
- 21:52 Sales mistakes you’re making and what to do instead
- 33:02 How to vet clients before a call
- 37:04 Increasing your conversion rates and selling higher ticket offers
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- YouTube
- Website
This year, I hit a huge milestone in my business: earning $1 million in lifetime sales! This episode is a deep dive into how I made it happen, including the strategic investments I made, which offers have generated the most revenue, and how much I’ve paid myself as the CEO year over year. Plus, I’m sharing my 2023 investment strategy and exciting new business ventures coming soon…
Are you looking for more information on building wealth with your business? Sign up for my free email newsletter, Millionaire Mondays!
Do you have a question or topic you’d like me to cover on the show? Click here to send us your submission!
Links mentioned:
- Listen to Episode 28: Systems & Processes You Need for a Stress-Free Business with Danielle Jefferson
In this episode, you’ll learn:
- 0:00 How long it took me to hit $1 Million in revenue
- 6:51 My five business revenue streams
- 14:40 Revenue vs. investments vs. how much I paid myself each year
- 27:23 How 2023 revenue, investments, and pay are looking so far
- 29:12 A sneak peek at my current investment strategy and new business ventures
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- YouTube
- Website
If the thought of growing your business when you’re already stretched thin is sending a cold chill down your spine, this episode is for you! In the third and final part of my Make More Money series, we are talking all about sustainability while you grow your business. I’m sharing everything you need to know about planning to manage your energy, time, and money in a way that feels abundant so you can grow your business with ease.
It’s not too late to join the 6-Figure Profit Blueprint even though we start this week, so apply today!
More resources:
- Listen to Part 1: Stop Your Money Leaks + Build a Profitable Foundation
- Listen to Part 2: The Model for Scaling Your Business to $20K+ Revenue Months
- Listen to Episode 6: How to Make Money Management Easy | My Spin on Profit First
- My Wealth-Building Resources
In part 3 of this series, I am:
- 0:00 Recapping the Make More Money series so far
- 8:18 Defining what sustainability can look like in your business
- 9:32 Creating millionaire money habits and mindset shifts
- 13:22 Crafting your sustainable schedule as a CEO
- 18:40 Building systems and processes for training a team
- 23:58 Teaching money management for aspiring millionaires
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- YouTube
- Website
In part one of my Make More Money series, I covered how to stop your money leaks and build a profitable foundation for your business. In this episode, I’m sharing the step-by-step model for scaling your business to $20K-$30K+ months in order to pay yourself a six figure salary while covering the expenses you’ll likely have to scale to this level. If the leap to these revenue levels feel overwhelming, I’ve got you covered with the 6-Figure Profit Blueprint, which kicks off June 20th!
Join the 6-Figure Profit Blueprint, my new group coaching program to scale your revenue to $20K+ months while increasing your profits so you can double your take-home pay. We start June 20th, so click here to apply today!
More resources:
- Listen to Part 1: Stop Your Money Leaks + Build a Profitable Foundation
- My Wealth-Building Resources
In part 2 of this series, I am sharing:
- 0:00 Last call to join the 6-figure Profit Blueprint
- 4:52 What it means to be cash rich
- 8:39 What it really takes to pay yourself six figures
- 12:10 Structuring your business model for $15K, $20K, $25K+ months
- 18:32 Creating a solid sales plan with clear KPIs and goals
- 21:32 Hiring the right team member to scale your business
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- YouTube
- Website
I recently went on a business retreat with several incredible women, and I am feeling so inspired and fired up to help you make more money than ever. I created this 3-part series on the podcast to do just that.
In this episode - part 1 - I’m showing you how to set up a profitable foundation and stop your money leaks. Even the most established and successful businesses (mine included!) struggle with these from time to time, but staying aware of them will put more money in your pocket over the long term.
Join the 6-Figure Profit Blueprint, my new group coaching program to 5-10x your profits, scale your revenue to $20K+, and put six figures in your pocket. We start June 19th, so click here to apply today!
More resources:
- Episode 50: Creating Highly Profitable Offers
- Free Millionaire Mondays email newsletter
- Take our free money moves quiz
- Send me your money questions!
In part 1 of this series, I am sharing:
- 0:00 All about my new 6-Figure Profit Blueprint
- 11:17 The breakdown of the Make More Money series
- 12:17 What it means to set up a strong financial foundation
- 16:35 How to improve your mindset to prevent money leaks
- 19:36 Time management for more profit
- 22:49 Spending strategically in your business
- 26:27 Structuring your offers and pricing for ease + efficiency
I’m Sarah Young - a CPA, Virtual CFO, and the Owner of Young + Co! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, and I started the Profit + Prosper podcast to help you do the same. Profit + Prosper is a business finance podcast created to help entrepreneurs build their wealth in a way that’s fun and empowering. This is NOT a boring numbers podcast - I will share tactical tips to increase your profit so you can truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Instagram - https://www.instagram.com/itssarahyoung/
- Facebook - https://www.facebook.com/youngcocfo
- YouTube - https://www.youtube.com/channel/UCO4wwwPKmuvCFh5NvVuwvnQ
- Website - https://www.trustyoungco.com/
If you are ready to create passive income and reach your net worth goals, this episode is for you! My client, Jasmine Sims, walks us through how she’s taking advantage of the business she’s started while still working full-time to reach her net worth goals faster. She gets real with what it means to create passive income, and the step-by-step on how she got into investing in rental real estate.
Jasmine Sims is the founder of Sims + Co. Design, which creates functional and beautiful homes as a full-service interior design studio located in Charlotte, NC.
Connect with Jasmine!
- Sims + Co. Design Instagram
- Sims + Co. Design Website
If you're ready to create a cash-rich business that pays you a six figure salary without relying on more of your hustle, sign up for my NEW 16-week program, the Six Figure Profit Blueprint. We're kicking off our first cohort the week of June 19 - sign up before June 12 for a special bonus 1:1 session with Sarah!
Are you looking for more information on building wealth with your business? Sign up for my free email newsletter, Millionaire Mondays!
Do you have a question or topic you’d like me to cover on the show? Click here to send us your submission!
In this episode, you’ll learn how to:
- 0:00 Create passive income to reach your net worth goals
- 6:21 Charge the right prices and avoid the cycle of undercharging
- 9:19 Update your brand to reflect the growth of your business
- 15:15 Outsource to optimize your time and talents
- 27:35 Invest in rental real estate for passive income
I’m Sarah Young - a CPA, Virtual CFO, and the Owner of Young + Co! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, and I started the Profit + Prosper podcast to help you do the same. Profit + Prosper is a business finance podcast created to help entrepreneurs build their wealth in a way that’s fun and empowering. This is NOT a boring numbers podcast - I will share tactical tips to increase your profit so you can truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Instagram - https://www.instagram.com/itssarahyoung/
- Facebook - https://www.facebook.com/youngcocfo
- YouTube - https://www.youtube.com/channel/UCO4wwwPKmuvCFh5NvVuwvnQ
- Website - https://www.trustyoungco.com/
What does it take to grow your business to multi-seven figures, and is it possible to have fun and enjoy your life along the way? Today’s guest, Jen Szpigiel, thinks so! Less than 2% of all women business owners grow their businesses to $1,000,000 or more in revenue, and we’re lucky enough to hear from one of those women in this episode. Jen not only shares her expertise in branding and positioning to bring in a higher caliber of clients but her story of how she scaled to a multi-seven-figure business and how she centers her day-to-day life on bringing in more enjoyment and pleasure - something we all could focus on more.
Jen Szpigiel is the CEO of Becoming Iconic, a multi-seven-figure global brand supporting entrepreneurs in life and business through mentorship, a boutique agency and the incredible Becoming Iconic magazine.
Links mentioned:
- Becoming Iconic Website
- Becoming Iconic Instagram
Are you ready to pay yourself a 6-figure salary and build a 7-figure wealth portfolio? Check out the Millionaire CEO Incubator to apply for my signature 6 month profit coaching and wealth-building program!
Are you looking for more information on building wealth with your business? Sign up for my free email newsletter, Millionaire Mondays!
Do you have a question or topic you’d like me to cover on the show? Click here to send us your submission!
In this episode, you’ll learn:
- 0:00 Building a multi seven-figure business with multiple income streams
- 7:33 Overcoming limiting beliefs about money
- 15:20 Building a legacy and bringing more pleasure and fun into your life right now
- 27:20 Aligning your brand with your ideal client
- 30:15 When you should be investing in brand strategy
I’m Sarah Young - a CPA, Virtual CFO, and the Owner of Young + Co! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, and I started the Profit + Prosper podcast to help you do the same. Profit + Prosper is a business finance podcast created to help entrepreneurs build their wealth in a way that’s fun and empowering. This is NOT a boring numbers podcast - I will share tactical tips to increase your profit so you can truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Instagram - https://www.instagram.com/itssarahyoung/
- Facebook - https://www.facebook.com/youngcocfo
- YouTube - https://www.youtube.com/channel/UCO4wwwPKmuvCFh5NvVuwvnQ
- Website - https://www.trustyoungco.com/
In this CEO diary episode I'm sharing what's going on behind the scenes, including my reflections on some huge personal and professional milestones - like hitting $1M in lifetime revenue! I’ll also share a little about some nervous system work I’m doing and how I plan to incorporate more fun and play into my business. If you enjoyed this episode, please head over to Instagram and send me a DM to let me know your thoughts!
Want to create a more profitable business in 2023? Then you need to do a year-end review and plan out your money moves! Download my free Year End Review Workbook (and check out episode 43 for a walkthrough) to review what worked in 2022 from a financial perspective and identify the things that will make you more money next year!
- Are you looking for more information on building wealth with your business? Sign up for my free email newsletter, Millionaire Mondays!
- Do you have a question or topic you’d like me to cover on the show? Click here to send us your submission!
Links mentioned:
- {CEO Diaries} 55: An Honest Behind the Scenes of Scaling My Business | Energy Drains, Revenue Plateaus, and Restructuring
- 60: My FIRE Strategy | How I Plan to Reach Financial Independence and Retire Early
In this episode, I’m sharing all about:
- 0:00 Behind the scenes at Young + Co
- 2:58 How I’m regulating my nervous system
- 5:17 Crossing and celebrating milestones in my business
- 6:38 Reflections on hitting the $1,000,000 mark in lifetime revenue
- 11:04 Hiring and expanding my team so I can focus on being a CEO
- 13:59 Improving our customer service experience
I’m Sarah Young - a CPA, Virtual CFO, and the Owner of Young + Co! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, and I started the Profit + Prosper podcast to help you do the same. Profit + Prosper is a business finance podcast created to help entrepreneurs build their wealth in a way that’s fun and empowering. This is NOT a boring numbers podcast - I will share tactical tips to increase your profit so you can truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Instagram - https://www.instagram.com/itssarahyoung/
- Facebook - https://www.facebook.com/youngcocfo
- YouTube - https://www.youtube.com/channel/UCO4wwwPKmuvCFh5NvVuwvnQ
- Website - https://www.trustyoungco.com/
If you’ve ever wondered what a financial dream team might look like, this is the episode for you! You don’t need a team of full-time finance professionals to keep your business running, you just need a few strategic people to help you maximize profit, create a strong tax strategy, and take home more money! I’m sharing what each of these roles looks like and which ones are essential to have based on the size of your business.Are you ready to pay yourself a 6-figure salary and build a 7-figure wealth portfolio? Check out the Millionaire CEO Incubator to apply for my signature 6 month profit coaching and wealth-building program!Do you have a question or topic you’d like me to cover on the show? Click here to send us your submission! Resources: Episode 25: The Secret to How Millionaires Build Their Wealth with Financial Planner Kaitlyn Carlson Sign Up for My Millionaire Mondays Email Newsletter Learn more about our Virtual CFO services In this episode, I cover: 0:00 What’s possible with a strong financial team 6:17 How to find a bookkeeper you actually like 9:54 Your tax team - tax planning, strategy, preparation, and accounting 15:05 The importance of having a CFO 23:20 My honest opinions on financial planners and money coaches 29:12 How Young + Co can function as your financial team I’m Sarah Young - a CPA, Virtual CFO, and the Owner of Young + Co! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, and I started the Profit + Prosper podcast to help you do the same. Profit + Prosper is a business finance podcast created to help entrepreneurs build their wealth in a way that’s fun and empowering. This is NOT a boring numbers podcast - I will share tactical tips to increase your profit so you can truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together! Connect with Sarah: Instagram - https://www.instagram.com/itssarahyoung/ Facebook - https://www.facebook.com/youngcocfo YouTube - https://www.youtube.com/channel/UCO4wwwPKmuvCFh5NvVuwvnQ Website - https://www.trustyoungco.com/
If you believe the way you show up in your business is going to impact the way that you impact the world around you, this episode is for you. In this week’s episode, I’m talking with Rachel Hatteberg Walt about human design and how your human design type impacts your business and the way that you run it. We’re getting a little woo in this episode, but trust me - knowing your human design type and aligning your business with the way that you’re meant to interact with the world will have a HUGE positive impact on your life and business success.
Rachel is the CEO of Craftingood which supports modern leaders, change-makers, and creatives in changing the world from the inside out through energetics, creativity, and service. Offering services like reiki, meditation, human design mentorship and more, Craftingood understands that people who live big, juicy, impactful lives build families, businesses, and communities of people that do the same.
Are you ready to pay yourself a 6-figure salary and build a 7-figure wealth portfolio? Check out the Millionaire CEO Incubator to apply for my signature 6 month profit coaching and wealth-building program!
Are you looking for more information on building wealth with your business? Sign up for my free email newsletter, Millionaire Mondays!
Do you have a question or topic you’d like me to cover on the show? Click here to send us your submission!
Links mentioned:
- Get your Human Design Chart
- Craftingood Website
- CEO Diaries 47: Highs and Lows of My Multi-Six Figure Business in 2022
In this episode, you’ll learn:
- 0:00 The impact your human design has on your business
- 11:39 What is human design?
- 19:43 How to read and understand your chart
- 27:27 The best way for manifestors to show up in business
- 37:19 How to find business alignment for manifesting generators
- 45:18 he generator guardrails in business
- 54:14 The best work conditions for projectors
- 1:00:33 How reflectors should be making business decisions
I’m Sarah Young - a CPA, Virtual CFO, and the Owner of Young + Co! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, and I started the Profit + Prosper podcast to help you do the same. Profit + Prosper is a business finance podcast created to help entrepreneurs build their wealth in a way that’s fun and empowering. This is NOT a boring numbers podcast - I will share tactical tips to increase your profit so you can truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Instagram - https://www.instagram.com/itssarahyoung/
- Facebook - https://www.facebook.com/youngcocfo
- YouTube - https://www.youtube.com/channel/UCO4wwwPKmuvCFh5NvVuwvnQ
- Website - https://www.trustyoungco.com/
If you’ve ever wondered what you should be doing with the money you make from your business, this episode is for you! In this episode, I lay out the order of investing that we take clients through when we are working on their tax planning and spell out in 8 steps how I would prioritize your money as your CFO!
Are you ready to pay yourself a 6-figure salary and build a 7-figure wealth portfolio? Check out the Millionaire CEO Incubator to apply for my signature 6 month profit coaching and wealth-building program!
Are you looking for more information on building wealth with your business? Sign up for my free email newsletter, Millionaire Mondays!
Do you have a question or topic you’d like me to cover on the show? Click here to send us your submission!
Links mentioned:
- 24: How to Increase Your Net Worth
- 15: Stressed About Sales? Calculate Your Monthly Baseline Revenue So You Can Be Strategic
- 54: How I Would Pay Myself $50K, $100K, and $300K | Business Models That Will Boost Your Paycheck
- 33: So I once Had Over $55K in Debt…. My Personal Money Story
In this episode, you’ll learn:
- 0:00 Introduction
- 2:28 8 steps to allocate your cash
- 7:29 Why you should pay off high-interest debt
- 8:59 How much business savings you need
- 10:56 When you should start investing in a Traditional IRA, Roth IRA, or an HSA
- 17:27 When to make significant donations
I’m Sarah Young - a CPA, Virtual CFO, and the Owner of Young + Co! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, and I started the Profit + Prosper podcast to help you do the same. Profit + Prosper is a business finance podcast created to help entrepreneurs build their wealth in a way that’s fun and empowering. This is NOT a boring numbers podcast - I will share tactical tips to increase your profit so you can truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Instagram - https://www.instagram.com/itssarahyoung/
- Facebook - https://www.facebook.com/youngcocfo
- YouTube - https://www.youtube.com/channel/UCO4wwwPKmuvCFh5NvVuwvnQ
- Website - https://www.trustyoungco.com/
Have you heard of the FIRE movement? FIRE is a viral acronym for a plan to reach financial independence and retire early. In this episode, I talk about my own personal FIRE strategy, how I came up with my numbers, what my numbers are, and how I’m implementing my plan for 2023.
Are you ready to pay yourself a 6-figure salary and build a 7-figure wealth portfolio? Check out the Millionaire CEO Incubator to apply for my signature 6 month profit coaching and wealth-building program!
Are you looking for more information on building wealth with your business? Sign up for my free email newsletter, Millionaire Mondays!
Do you have a question or topic you’d like me to cover on the show? Click here to send us your submission!
Links mentioned:
- Episode 23 - Calculate Your Retirement Number + Make a Retirement Plan
- Episode 58 - How to Pay Less Taxes + Ways to Earn Better Income
In this episode, you’ll learn:
- 0:00 Introduction
- 5:19 How FIRE works
- 10:14 A few FIRE strategies
- 14:49 Examples of passive income
- 22:08 My key FIRE strategy
- 25:44 What I’m doing for my 2023 FIRE strategy
- 27:10 What is not included in my 2023 FIRE strategy
I’m Sarah Young - a CPA, Virtual CFO, and the Owner of Young + Co! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, and I started the Profit + Prosper podcast to help you do the same. Profit + Prosper is a business finance podcast created to help entrepreneurs build their wealth in a way that’s fun and empowering. This is NOT a boring numbers podcast - I will share tactical tips to increase your profit so you can truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Instagram - https://www.instagram.com/itssarahyoung/
- Facebook - https://www.facebook.com/youngcocfo
- YouTube - https://www.youtube.com/channel/UCO4wwwPKmuvCFh5NvVuwvnQ
- Website - https://www.trustyoungco.com/
Does your business experience feast or famine seasons? Do you know what feeds your pipeline or the activities that you need to do to keep sales flowing? In this episode, I’ll talk through how to figure out what your pipeline is and the baseline activities you need to be doing to bring leads in on a consistent basis. That way, you maintain a more steady cash flow instead of having these huge peaks and valleys.
Are you ready to pay yourself a 6-figure salary and build a 7-figure wealth portfolio? Check out the Millionaire CEO Incubator to apply for my signature 6 month profit coaching and wealth-building program!
Are you looking for more information on building wealth with your business? Sign up for my free email newsletter, Millionaire Mondays!
Do you have a question or topic you’d like me to cover on the show? Click here to send us your submission!
Links mentioned:
- 14: What’s the Next Big Move You Need to Make in Your Business?
- 15: Stressed About Sales? Calculate Your Monthly Baseline Revenue So You Can Be Strategic
- 44: Align Your Marketing For Higher Profits with Erin Breeden
- CFO Services
In this episode, you’ll learn:
- 0:00 Manage your pipeline for consistent cash flow
- 2:10 The two elements of creating and maintaining consistent cash
- 9:00 How to figure out your process for bringing in new clients
- 13:50 How to figure out what your pipeline actually looks like
- 16:25 How referrals can work in your strategy
- 20:35 Top, middle, and bottom of funnel activities
I’m Sarah Young - a CPA, Virtual CFO, and the Owner of Young + Co! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, and I started the Profit + Prosper podcast to help you do the same. Profit + Prosper is a business finance podcast created to help entrepreneurs build their wealth in a way that’s fun and empowering. This is NOT a boring numbers podcast - I will share tactical tips to increase your profit so you can truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Instagram - https://www.instagram.com/itssarahyoung/
- Facebook - https://www.facebook.com/youngcocfo
- YouTube - https://www.youtube.com/channel/UCO4wwwPKmuvCFh5NvVuwvnQ
- Website - https://www.trustyoungco.com/
No matter what you see on social media, as long as you’re profitable, you will have to pay at least some taxes every year. Today, we're going to talk about how to maximize your tax savings. If you have already gotten your tax returns prepped and you’re curious why on earth you’re paying so much in taxes… this episode is for you! I’ll walk you through the different types of income, including some that are tax-free, and how to earn a better income that will ultimately reduce what taxes you pay.
Are you ready to pay yourself a 6-figure salary and build a 7-figure wealth portfolio? Check out the Millionaire CEO Incubator to apply for my signature 6 month profit coaching and wealth-building program!
Are you looking for more information on building wealth with your business? Sign up for my free email newsletter, Millionaire Mondays!
Do you have a question or topic you’d like me to cover on the show? Click here to send us your submission!
Links mentioned:
- 26: Tax Strategies That Will Save You Money, Time, and Stress (Without Doing Anything Sketchy)
- 12: Make Tax Time Easier with These Planning and Deduction Tips
In this episode, you’ll learn:
- 0:00 How to earn better income
- 03:57 Despite what social media tells you, you’ll have to pay some taxes
- 05:04 The difference between earned, ordinary, passive, and tax-free income
- 15:45 How to reduce your taxes
- 16:21 Six ways to reduce earned income
I’m Sarah Young - a CPA, Virtual CFO, and the Owner of Young + Co! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, and I started the Profit + Prosper podcast to help you do the same. Profit + Prosper is a business finance podcast created to help entrepreneurs build their wealth in a way that’s fun and empowering. This is NOT a boring numbers podcast - I will share tactical tips to increase your profit so you can truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Instagram - https://www.instagram.com/itssarahyoung/
- Facebook - https://www.facebook.com/youngcocfo
- YouTube - https://www.youtube.com/channel/UCO4wwwPKmuvCFh5NvVuwvnQ
- Website - https://www.trustyoungco.com/
I’ve gotten a lot of questions about the recent Silicon Valley Bank failure and what it means for business owners everywhere. In this episode, we’ll talk about the cause and implications of the bank’s failure from a high-level (don’t worry, you don’t need a finance or banking degree to follow along!) and the takeaways that could help protect your business moving forward.
Are you ready to pay yourself a 6-figure salary and build a 7-figure wealth portfolio? Check out the Millionaire CEO Incubator to apply for my signature 6-month profit coaching and wealth-building program!
Are you looking for more information on building wealth with your business? Sign up for my free email newsletter, Millionaire Mondays!
Do you have a question or topic you’d like me to cover on the show? Click here to send us your submission!
Links mentioned:
- Listen to Episode 30: How to Prepare Your Business for a Recession
In this episode, we’ll cover:
- 0:00 Introduction
- 2:45 How banks operate
- 6:10 What is the FDIC?
- 7:53 The background on Silicon Valley Bank
- 12:49 What happened to cause Silicon Valley Bank’s failure
- 16:53 What to expect from a recession
- 19:17 How much money you can safely keep in the bank
- 20:52 Two investments you should hold off on right now
- 23:14 Why and where you should diversify
I’m Sarah Young - a CPA, Virtual CFO, and the Owner of Young + Co! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, and I started the Profit + Prosper podcast to help you do the same. Profit + Prosper is a business finance podcast created to help entrepreneurs build their wealth in a way that’s fun and empowering. This is NOT a boring numbers podcast - I will share tactical tips to increase your profit so you can truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Instagram - https://www.instagram.com/itssarahyoung/
- Facebook - https://www.facebook.com/youngcocfo
- YouTube - https://www.youtube.com/channel/UCO4wwwPKmuvCFh5NvVuwvnQ
- Website - https://www.trustyoungco.com/
If your business is not making enough money or you can’t pay yourself what you want to make, this episode is for you! This is an issue I see with so many clients. Let’s troubleshoot how to pay yourself more money by diving into three areas of your business: whether you have a sales or a profit problem, your business boundaries, and your money mindset. Are you ready to pay yourself a 6-figure salary and build a 7-figure wealth portfolio? Check out the Millionaire CEO Incubator to apply for my signature 6 month profit coaching and wealth-building program! Are you looking for more information on building wealth with your business? Sign up for my free email newsletter, Millionaire Mondays! Do you have a question or topic you’d like me to cover on the show? Click here to send us your submission! Links mentioned: Episode 54 - How I Would Pay Myself $50K, $100K, and $300K | Business Models That Will Boost Your Paycheck Episode 50 - Creating Highly Profitable Offers | Profit Series Pt. 1 Episode 49 - Pay Yourself Six Figures By Specializing or Niching Down with Natalie Eckdahl, Host of The BizChix Podcast The Life Coach School Podcast In this episode, you’ll learn: 0:00 Introduction 03:19 Do you have a sales or profit problem? 11:02 Are you overspending? 12:16 Set and hold business boundaries 18:08 What’s your money mindset? I’m Sarah Young - a CPA, Virtual CFO, and the Owner of Young + Co! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, and I started the Profit + Prosper podcast to help you do the same. Profit + Prosper is a business finance podcast created to help entrepreneurs build their wealth in a way that’s fun and empowering. This is NOT a boring numbers podcast - I will share tactical tips to increase your profit so you can truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together! Connect with Sarah: Instagram - https://www.instagram.com/itssarahyoung/ Facebook - https://www.facebook.com/youngcocfo YouTube - https://www.youtube.com/channel/UCO4wwwPKmuvCFh5NvVuwvnQ Website - https://www.trustyoungco.com/
This week, I’m sharing a behind-the-scenes style episode that I’m calling the CEO Diaries! In today’s diary entry, I’m sharing some of the things I’ve been feeling about my business in this current stage of scaling, including the signs that my business is draining me, what I’m doing about it from a hiring and structure perspective, and how I know the next breakthrough is right around the corner. If you enjoyed this episode, please head over to Instagram and send me a DM to let me know your thoughts!
Be sure to check out our YouTube video on How to Build Your CEO Roadmap, and subscribe to my channel for exclusive content!
Are you looking for more information on building wealth with your business? Sign up for my free email newsletter, Millionaire Mondays!
In this episode, I cover:
- What is the point of growing your business?
- How my energy and my revenue are connected
- What it’s really like to scale to $80K+ months
- Why you need a Millionaire CEO Roadmap
- What I refuse to give up in pursuit of scaling my business
I’m Sarah Young - a CPA, Virtual CFO, and the Owner of Young + Co! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, and I started the Profit + Prosper podcast to help you do the same. Profit + Prosper is a business finance podcast created to help entrepreneurs build their wealth in a way that’s fun and empowering. This is NOT a boring numbers podcast - I will share tactical tips to increase your profit so you can truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Instagram - https://www.instagram.com/itssarahyoung/
- Facebook - https://www.facebook.com/youngcocfo
- YouTube - https://www.youtube.com/channel/UCO4wwwPKmuvCFh5NvVuwvnQ
- Website - https://www.trustyoungco.com/
Have you ever wondered how much money business owners are actually paying themselves? You probably see tons of social media posts about closing $100K launches, a million dollar year, or other huge numbers, but no one really asks how much of that actually ends up in the CEO’s pocket. In this episode, I’m sharing three different business models with all the key financials outlined to tell you exactly how I would pay myself $50K, $100K, or $300K per year based on various revenue levels. If you’re tired of paying yourself way below market value as a CEO for all the work you do, this episode is for you!
Are you ready to pay yourself a 6-figure salary and build a 7-figure wealth portfolio? My Millionaire CEO Incubator program empowers six-figure entrepreneurs to get off the cash flow hamster wheel and start making wealth-building investments in business and in life. Check out the Millionaire CEO Incubator to apply for my signature 6 month profit coaching and wealth-building program!
Are you looking for more information on building wealth with your business? Sign up for my free email newsletter, Millionaire Mondays!
Do you have a question or topic you’d like me to cover on the show? Click here to send us your submission!
Links mentioned:
- @mahdiwoodard
- @itsxogingy
- Sign Up for My Free 2-Day Mini Course
- Listen to Episode 35: Why $250K is the new $100K
In this episode, I cover:
- 0:00 Why it’s important to pay yourself a market rate salary
- 7:54 Sales vs. Pay vs. Profit
- 14:45 The $50K Paycheck Business Model
- 20:05 The $100K Paycheck Business Model
- 26:40 The $300K Paycheck Business Model
I’m Sarah Young - a CPA, Virtual CFO, and the Owner of Young + Co! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, and I started the Profit + Prosper podcast to help you do the same. Profit + Prosper is a business finance podcast created to help entrepreneurs build their wealth in a way that’s fun and empowering. This is NOT a boring numbers podcast - I will share tactical tips to increase your profit so you can truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Instagram - https://www.instagram.com/itssarahyoung/
- Facebook - https://www.facebook.com/youngcocfo
- YouTube - https://www.youtube.com/channel/UCO4wwwPKmuvCFh5NvVuwvnQ
- Website - https://www.trustyoungco.com/
In the fourth and final part of my profitability series, I’m sharing some of my best tips on how to hire a team that is actually profitable. No matter what your experience has been with teams in the past, I promise you there is so much value in outsourcing strategic tasks in your business and attracting the right people for the right roles. Be sure to check out parts 1-3 in my profitability series, linked below!
Are you ready to pay yourself a 6-figure salary and build a 7-figure wealth portfolio? My Millionaire CEO Incubator program empowers six-figure entrepreneurs to get off the cash flow hamster wheel and start making wealth-building investments in business and in life.
Are you looking for more information on building wealth with your business? Sign up for my free email newsletter, Millionaire Mondays!
Do you have a question or topic you’d like me to cover on the show? Click here to send us your submission!
Check out the full profitability series!
- Ep. 50: Profitable Offers
- Ep. 51: Profitable Systems
- Ep. 52: Profitable Investments
- Traction by Gino Wickman
In this episode, I cover:
- 0:00 Why teams are the capstone of profitability (when done right)
- 5:41 The crucial elements of a profitable team
- 7:10 How to identify the roles you need to hire
- 16:25 Effective ways to find the right people for your team
- 20:30 How to know how much you can afford to pay your team
- 23:25 Training and retention methods to maximize ROI
I’m Sarah Young - a CPA, Virtual CFO, and the Owner of Young + Co! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, and I started the Profit + Prosper podcast to help you do the same. Profit + Prosper is a business finance podcast created to help entrepreneurs build their wealth in a way that’s fun and empowering. This is NOT a boring numbers podcast - I will share tactical tips to increase your profit so you can truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Instagram - https://www.instagram.com/itssarahyoung/
- Facebook - https://www.facebook.com/youngcocfo
- YouTube - https://www.youtube.com/channel/UCO4wwwPKmuvCFh5NvVuwvnQ
- Website - https://www.trustyoungco.com/
In part 3 of my profitability series, I’m sharing everything you need to know about making strategic investments in your business. We’ll cover how to evaluate the risks and returns and identify where you should make investments in your business so you feel confident taking the plunge. Investing in your business can feel scary, but with the right tools and metrics, you’ll make investments that will give you time, energy, and money back.
Are you ready to pay yourself a 6-figure salary and build a 7-figure wealth portfolio? My Millionaire CEO Incubator program empowers six-figure entrepreneurs to get off the cash flow hamster wheel and start making wealth-building investments in business and in life.
Are you looking for more information on building wealth with your business? Sign up for my free email newsletter, Millionaire Mondays!
Do you have a question or topic you’d like me to cover on the show? Click here to send us your submission!
Links mentioned:
- Want to add an extra $50K to $100K to your profits over the next year? Check out my Cash Flow Intensive! Learn more at https://www.trustyoungco.com/cfo
- Ep. 50: Creating Highly Profitable Offers
In this episode, I cover:
- 0:00 How investments give you time and energy back
- 7:31 Identifying investment opportunities in your business
- 14:50 Evaluating the risks and returns of potential investments
- 24:55 How to know if an investment is failing
I’m Sarah Young - a CPA, Virtual CFO, and the Owner of Young + Co! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, and I started the Profit + Prosper podcast to help you do the same. Profit + Prosper is a business finance podcast created to help entrepreneurs build their wealth in a way that’s fun and empowering. This is NOT a boring numbers podcast - I will share tactical tips to increase your profit so you can truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Instagram - https://www.instagram.com/itssarahyoung/
- Facebook - https://www.facebook.com/youngcocfo
- YouTube - https://www.youtube.com/channel/UCO4wwwPKmuvCFh5NvVuwvnQ
- Website - https://www.trustyoungco.com/
Now that you’ve got profitable offers ready to go, do you have the systems to sell and deliver those offers? This episode is all about how the systems - or lack thereof - in your business might be hurting your profitability and leaving your business vulnerable. If all the systems and processes of your business are “in your head,” or if you’re wondering if your systems could use some TLC, this episode is for you!
Are you ready to pay yourself a 6-figure salary and build a 7-figure wealth portfolio? My Millionaire CEO Incubator program empowers six-figure entrepreneurs to get off the cash flow hamster wheel and start making wealth-building investments in business and in life. Check out the Millionaire CEO Incubator to apply for my signature 6 month profit coaching and wealth-building program!
Are you looking for more information on building wealth with your business? Sign up for my free email newsletter, Millionaire Mondays!
Do you have a question or topic you’d like me to cover on the show? Click here to send us your submission!
In this episode, you’ll learn:
- 0:00 Signs your systems and processes aren’t profitable
- 10:04 How unprofitable systems create a feast or famine cycle
- 16:45 How to evaluate your systems and processes
- 26:30 Tips for documenting your systems and processes
I’m Sarah Young - a CPA, Virtual CFO, and the Owner of Young + Co! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, and I started the Profit + Prosper podcast to help you do the same. Profit + Prosper is a business finance podcast created to help entrepreneurs build their wealth in a way that’s fun and empowering. This is NOT a boring numbers podcast - I will share tactical tips to increase your profit so you can truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Instagram - https://www.instagram.com/itssarahyoung/
- Facebook - https://www.facebook.com/youngcocfo
- YouTube - https://www.youtube.com/channel/UCO4wwwPKmuvCFh5NvVuwvnQ
- Website - https://www.trustyoungco.com/
Welcome to my profitability series! Being more profitable starts with creating offers that are streamlined and efficient to deliver. In this episode, I’m sharing everything you need to know about crafting highly profitable offers that you’re actually excited to deliver while adding more cash flow to your bottom line. I’ve seen the strategies I’m sharing in this episode bring mid-six-figure clients to the seven-figure level, and I know they’ll be just as transformational for your business. Be sure to subscribe to my podcast to follow along with this profitability series!
Are you ready to pay yourself a 6-figure salary and build a 7-figure wealth portfolio? My Millionaire CEO Incubator program empowers six-figure entrepreneurs to get off the cash flow hamster wheel and start making wealth-building investments in business and in life. Check out the Millionaire CEO Incubator to apply for my signature 6 month profit coaching and wealth-building program!
Are you looking for more information on building wealth with your business? Sign up for my free email newsletter, Millionaire Mondays!
Do you have a question or topic you’d like me to cover on the show? Click here to send us your submission!
Links mentioned:
- Listen to Episode 15: Calculate Your Baseline Revenue
- Listen to Episode 16: Crafting High-Ticket Offers
- Listen to Episode 17: What No One Tells You About Raising Your Prices
In this episode, you’ll learn:
- 0:00 Introduction
- 2:40 The four elements of a profitable business
- 5:41 What is a profitable offer?
- 12:30 Figuring out the cost of your offers
- 17:54 Revenue vs. gross profit vs. net profit
- 21:41 How to make your offers more profitable
- 29:56 Creating Different Tiers of Offers
- 33:25 Creating Offers for Repeat Customers
I’m Sarah Young - a CPA, Virtual CFO, and the Owner of Young + Co! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, and I started the Profit + Prosper podcast to help you do the same. Profit + Prosper is a business finance podcast created to help entrepreneurs build their wealth in a way that’s fun and empowering. This is NOT a boring numbers podcast - I will share tactical tips to increase your profit so you can truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Instagram - https://www.instagram.com/itssarahyoung/
- Facebook - https://www.facebook.com/youngcocfo
- YouTube - https://www.youtube.com/channel/UCO4wwwPKmuvCFh5NvVuwvnQ
- Website - https://www.trustyoungco.com/
I’m so passionate about helping women build wealth and pay themselves six figures from their businesses, and today’s guest is giving us a tactical way to do so: specializing or niching in your business. If specializing or niching sounds scary to you, you are not alone. Natalie Eckdahl has helped thousands of women specialize or niche down in their businesses to create more opportunities (not less!) to attract dream clients that pay high ticket for that specialization. If you’re ready to pay yourself a six figure CEO salary, this is the episode for you!
Natalie Eckdahl launched The BizChix Podcast in 2014 and has been serving women entrepreneurs since. Her company Biz Chix, Inc. helps service entrepreneurs build an enduring business that is enjoyable, profitable, and sustainable.
- Website
- BizChix Podcast
Are you ready to pay yourself a 6-figure salary and build a 7-figure wealth portfolio? My Millionaire CEO Incubator program empowers six-figure entrepreneurs to get off the cash flow hamster wheel and start making wealth-building investments in business and in life. Check out the Millionaire CEO Incubator to apply for my signature 6 month profit coaching and wealth-building program!
Are you looking for more information on building wealth with your business? Sign up for my free email newsletter, Millionaire Mondays!
Do you have a question or topic you’d like me to cover on the show? Click here to send us your submission!
In this episode, you’ll learn:
- 0:00 About Natalie Eckdahl
- 6:45 Why women business owners should pay themselves six figures
- 10:26 The difference between specializing vs. niching
- 19:30 How to overcome fears around specializing or niching
- 30:24 The benefits of specializing and niching on revenue and profit
- 35:50 You can make more AND work less AND feel happier doing it
- 43:30 How to take better care of yourself and find more fun in your life
- 48:05 Your next steps after this episode
I’m Sarah Young - a CPA, Virtual CFO, and the Owner of Young + Co! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, and I started the Profit + Prosper podcast to help you do the same. Profit + Prosper is a business finance podcast created to help entrepreneurs build their wealth in a way that’s fun and empowering. This is NOT a boring numbers podcast - I will share tactical tips to increase your profit so you can truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Instagram - https://www.instagram.com/itssarahyoung/
- Facebook - https://www.facebook.com/youngcocfo
- YouTube - https://www.youtube.com/channel/UCO4wwwPKmuvCFh5NvVuwvnQ
- Website - https://www.trustyoungco.com/
Feel like you need more time in your business and in your life to get everything done? I bet you do! This is one of the top issues that I hear from 6-figure CEOs trying to grow their businesses - but I think what it really boils down to is a money mindset of scarcity. A fear that if you take time to do the things that move the needle in your business instead of spending time on your customers, that you’ll lose out on sales and cash flow. But the opposite is usually true! If you want to grow your business beyond the solopreneur stage and generate enough profits to build wealth in your business, then you need to create time for CEO projects, sales, marketing, your personal life, and rest. Listen in as I share 4 steps you can take to create more time for yourself to do the things that move your business forward.
Are you ready to pay yourself a 6-figure salary and build a 7-figure wealth portfolio? My Millionaire CEO Incubator program empowers six-figure entrepreneurs to get off the cash flow hamster wheel and start making wealth-building investments in business and in life. Check out the Millionaire CEO Incubator to apply for my signature 6 month profit coaching and wealth-building program!
Do you have a question or topic you’d like me to cover on the show? Click here to send us your submission!
Links mentioned:
- Apply for our Millionaire CEO Incubator program profitandprosper.co/apply
In this episode, you’ll learn:
- 0:00 Introduction
- 4:45 Why time management is tied to your money mindset
- 6:40 Step 1: Do a time audit
- 11:58 Step 2: The power of time blocks and unscheduled time
- 18:50 Step 3: Maintain your boundaries
- 22:05 Step 4 Part 1 Creating profitable offers to increase cash flow
- 26:04 Step 4 Part 2 Have sizable savings but still on the hamster wheel? Try this.
I’m Sarah Young - a CPA, Virtual CFO, and the Owner of Young + Co! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, and I started the Profit + Prosper podcast to help you do the same. Profit + Prosper is a business finance podcast created to help entrepreneurs build their wealth in a way that’s fun and empowering. This is NOT a boring numbers podcast - I will share tactical tips to increase your profit so you can truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Instagram - https://www.instagram.com/itssarahyoung/
- Facebook - https://www.facebook.com/youngcocfo
- YouTube - https://www.youtube.com/channel/UCO4wwwPKmuvCFh5NvVuwvnQ
- Website - https://www.trustyoungco.com/
Get ready y’all - in this episode, I’m sharing an insider's look into how I run my multi-six figure business and some of the highs and lows I experienced last year. In 2022, my business came so far and we had a lot of wins, but it certainly wasn’t all sunshine and rainbows. Tune in as I share my biggest wins of the year, plus my biggest fails - including things that most business owners don’t talk about, like how I lost out on five figures in cash flow - to help you celebrate your own wins, learn from mistakes, and determine your best path forward for 2023.Are you ready to pay yourself a 6-figure salary and build a 7-figure wealth portfolio? My Millionaire CEO Incubator program empowers six-figure entrepreneurs to get off the cash flow hamster wheel and start making wealth-building investments in business and in life. Visit Millionaire CEO Incubator to apply for my signature 6 month profit coaching and wealth-building program!Do you have a question or topic you’d like me to cover on the show? Click here to send us your submission!Links mentioned: Episode 45: 11 CFO Tips for a Smooth Year-End & Tax Season Episode 41: The Best ROI You Can Get is Investing in YOU Episode 42: The Young + Co Origin Story and 4 Mistakes I Made Along the WayIn this episode, you’ll learn: 0:00 Introduction 04:01 My 2022 numbers including $455k in revenue 07:05 High #1 My dream for a lake house 08:40 High #2 My husband left his corporate job 10:40 High #3 Focusing on building better health habits 14:50 High #4 Launching this podcast 16:42 Low #1 Delayed hiring tax help 21:00 Low #2 Too bogged down in busy work to do marketing and lost $50k+ in sales 24:00 Low #3 Spent 5 figures on investments that did NOT help my business 28:32 My 2023 goalI’m Sarah Young - a CPA, Virtual CFO, and the Owner of Young + Co! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, and I started the Profit + Prosper podcast to help you do the same. Profit + Prosper is a business finance podcast created to help entrepreneurs build their wealth in a way that’s fun and empowering. This is NOT a boring numbers podcast - I will share tactical tips to increase your profit so you can truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!Connect with Sarah: Instagram - https://www.instagram.com/itssarahyoung/ Facebook - https://www.facebook.com/youngcocfo YouTube - https://www.youtube.com/channel/UCO4wwwPKmuvCFh5NvVuwvnQ Website - https://www.trustyoungco.com/
We are entering 2023 with high inflation and a recession potentially looming on the horizon. While these things have the potential to impact your business, there’s no reason to stop working on taking your business to the next level and increasing your profits! In this episode, I’m sharing my tried and true 3-step CFO framework for how to make more money. It's time to stop being self-employed and create a business that builds wealth without you being involved day in and day out. Tune in to learn how to create a wealth map, build a business that is a money machine and create scalable money systems.
Are you ready to pay yourself a 6-figure salary and build a 7-figure wealth portfolio? My Millionaire CEO Incubator program empowers six-figure entrepreneurs to get off the cash flow hamster wheel and start making wealth-building investments in business and in life. Visit Millionaire CEO Incubator to apply for my signature 6 month profit coaching and wealth-building program!
Do you have a question or topic you’d like me to cover on the show? Click here to send us your submission!
Links mentioned:
- Episode 1: A CFO’s Guide to Increasing Profit in 2022
- Episode 30: How to Prepare Your Business for a Recession
- Episode 6: How to Make Money Management Easy
In this episode, you’ll learn:
- 0:00 Introduction
- 05:54 The business landscape - recession and more
- 11:18 Step 1: Your wealth map
- 14:29 Think like a business owner, not an employee
- 18:04 Step 2: Building a money machine
- 23:25 What are your roadblocks from making more money?
- 25:00 Step 3: Scalable systems
I’m Sarah Young - a CPA, Virtual CFO, and the Owner of Young + Co! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, and I started the Profit + Prosper podcast to help you do the same. Profit + Prosper is a business finance podcast created to help entrepreneurs build their wealth in a way that’s fun and empowering. This is NOT a boring numbers podcast - I will share tactical tips to increase your profit so you can truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Instagram - https://www.instagram.com/itssarahyoung/
- Facebook - https://www.facebook.com/youngcocfo
- YouTube - https://www.youtube.com/channel/UCO4wwwPKmuvCFh5NvVuwvnQ
- Website - https://www.trustyoungco.com/
It’s easy to see why this episode was the #1 downloaded episode of 2022, it is full of business tips that will blow your mind. Your money mindset can make or break your business. When you are in the pit of despair, many entrepreneurs bow out of the game, when in reality all they need to do is shift their money mindset. Josh Hall, Web Design Coach who has helped over 1,300 students build scalable web design businesses, joins me today to talk about all things related to money mindset. He’s sharing his best strategies that helped him grow from a “cheap” web designer to a 6-figure web design coach.
Josh Hall helps other web designers build and scale 6-figure, work-from-home businesses. His podcast Web Design Business has over 325,000 downloads, rated in the top 1.5% of all podcasts. His YouTube Channel has almost 3 million views and over 27,000 subscribers.
- Website
- Podcast
- YouTube Channel
Want to create a more profitable business in 2023? Then you need to do a year-end review and plan out your money moves! Download my free Year End Review Workbook (and check out episode 43 for a walkthrough) to review what worked in 2022 from a financial perspective and identify the things that will make you more money next year!
Do you have a question or topic you’d like me to cover on the show? Click here to send us your submission!
In this episode, you’ll learn:
- 0:00 Introduction
- 04:02 How Josh transitioned from a $11/hr cabinet maker to a web designer and finally a web design coach.
- 07:32 How Sarah went from underpricing herself to charging what she’s worth.
- 10:40 Why it’s essential to surround yourself with people who will inspire and challenge you
- 11:00 Unraveling mindset myths such as “You must have worked SO hard,” or “You’re so lucky.”
- 15:00 Why consistency is the most important thing you can do to keep momentum going in your business.
- 18:00 What to do when you are in the “pit of despair,” the low point in your business, and how to get out of it.
- 23:15 Why you shouldn’t take on a client that isn’t a good fit.
- 26:15 Common mindset blocks to achieving a money mindset.
- 35:45 Why you shouldn’t tie your self worth to your business.
- 42:00 How to stop low balling your services
- 48:00 Why having 3 tiers of services is KEY to avoiding burnout.
- 53:45 Tips on hiring, including how and when to add people to your team.
I’m Sarah Young - a CPA, Virtual CFO, and the Owner of Young + Co! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, and I started the Profit + Prosper podcast to help you do the same. Profit + Prosper is a business finance podcast created to help entrepreneurs build their wealth in a way that’s fun and empowering. This is NOT a boring numbers podcast - I will share tactical tips to increase your profit so you can truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
This episode was the 2nd most downloaded episode of 2022 and it is full of sales wisdom. Grab a notebook and pen, saddle up, and get ready to take furious notes during this episode. This week, Lauren Widrick is joining us to share how to craft an incredible high-ticket offer and raise the prices on your current offers. If that strikes fear in your heart, this is THE episode for you! As a business coach with well over 100 client success stories, Lauren troubleshoots some of the biggest root causes for the fear that holds us back from bringing in the revenue we crave in our business.
Lauren Widrick is a sales and life coach, host of the Grab Life By the Goals podcast. On her podcast and in her Squad Membership, she will guide you through building your revenue-generating sales skills, creating time and money freedom, and having SO MUCH FUN along the way.
Connect with Lauren!
- Join the Squad
- Grab Life By the Goals Podcast
- YouTube
- Laurenwidrick.com/summit
Want to create a more profitable business in 2023? Then you need to do a year-end review and plan out your money moves! Download my free Year End Review Workbook (and check out episode 43 for a walkthrough) to review what worked in 2022 from a financial perspective and identify the things that will make you more money next year!
Resources mentioned:
- Who Not How by Dan Sullivan
Some key takeaways on pricing and packaging:
- When you delay raising your prices, you’re robbing your clients of the opportunity for transformation. Like Lauren says, a $500 client will never get the level of transformation that a $5,000 client or a $50,000 client will experience. The higher the price, the bigger the transformation.
- When it comes to doubling, tripling, or even quintupling (5X-ing) your prices, remember people pay for specialty and speed. Niche down on a specific problem or solution you want to offer and craft a high-ticket offer around this. Instead of a VIP Day on “How to Be Good at Sales,” craft a VIP Day on “How to Craft & Sell Your $100K offer.”
- It’s so important to put yourself in rooms of people who challenge you and elevate you. If all the business owners you know have a scarcity mindset around changing their prices, that rubs off on you. Find a squad that knows their value (and yours!) and encourages you to charge for all that value.
I’m Sarah Young - a CPA, Virtual CFO, and the Owner of Young + Co! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, and I started the Profit + Prosper podcast to help you do the same.
This episode was the 3rd most downloaded episode of 2022 and it deserves another listen. Do you feel like you’re on a hamster wheel in your business, constantly hustling and stressing to hit your revenue goals? Our guest today is here to help. Danielle Jefferson is a Business Operations Coach and Consultant - and one of my clients! - with one of the lowest stress to revenue ratios I’ve ever seen. She helps thriving businesses get to the next level by optimizing how they run their backend processes and operations, and in this episode she’s sharing how she built her low stress business while maximizing her profits.
Connect with Danielle!
- Website
Want to create a more profitable business in 2023? Then you need to do a year-end review and plan out your money moves! Download my free Year End Review Workbook (and check out episode 43 for a walkthrough) to review what worked in 2022 from a financial perspective and identify the things that will make you more money next year!
Do you have a question or topic you’d like me to cover on the show? Click here to send us your submission!
Some key takeaways from my interview with Danielle are:
- Don’t give your clients a whole selection of service options. You’re the expert that’s providing a solution to their problem. Tell them which service is the best solution for them and let them trust you to guide them.
- Figure out what the needle movers are in all contexts of your business. Reflect on what you’re doing in your business and what will move the needle towards your goals. It’s probably only 2 or 3 things, and these should be your top priorities.
- Create programs and offers that can run without you. You might need a team to handle client delivery, or you might create a course or training materials your clients can follow without you.
I’m Sarah Young - a CPA, Virtual CFO, and the Owner of Young + Co! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, and I started the Profit + Prosper podcast to help you do the same. Profit + Prosper is a business finance podcast created to help entrepreneurs build their wealth in a way that’s fun and empowering. This is NOT a boring numbers podcast - I will share tactical tips to increase your profit so you can truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Instagram - https://www.instagram.com/youngcocfo/
- Facebook - https://www.facebook.com/youngcocfo
- YouTube - https://www.youtube.com/channel/UCO4wwwPKmuvCFh5NvVuwvnQ
- Website - https://www.trustyoungco.com/
There is a lot that goes on with finances at the end of year, and it's important to stay on top of it. In this episode, I am going to give you 11 key finance tips to consider as you wrap up your business year. Make sure to tune in as I share tax and bookkeeping tips, including how to calculate your mileage, how to transition to new programs, what to do with inventory and the ever-popular question of whether you should buy a bunch of things before the year ends in order to lower your tax bill.
Want to create a more profitable business in 2023? Then you need to do a year-end review and plan out your money moves! Download my free Year End Review Workbook (and check out episode 43 for a walkthrough) to review what worked in 2022 from a financial perspective and identify the things that will make you more money next year!
Do you have a question or topic you’d like me to cover on the show? Click here to send us your submission!
Links mentioned:
Episode 43: Plan Out Your 2023 Money Moves with a Year-End Review + Grab the Workbook
In this episode, you’ll learn:
- 0:00 Introduction
- 02:20 Tip 1: Get your bookkeeping in order
- 03:54 Tip 2: Get tax help and make estimated tax payments
- 06:25 Tip 3: Record and calculate your mileage
- 09:00 Tip 4: Count your inventory by Dec. 31
- 10:30 Tip 5: If you’ve wanted a new system, get it ready to start on Jan. 1st
- 11:29 Tip 6: S Corp Owners - run payroll for yourself
- 13:54 Tip 7: Sit down and make a plan for 2023
- 14:50 Tip 8: Retirement Accounts - when to contribute
- 19:26 Tip 9: Should you pull expenses into December to lower taxes
- 23:54 Tip 10: In January, file tax forms for all contractors
- 25:50 Tip 11: What to do if you want to switch to an S Corp?
I’m Sarah Young - a CPA, Virtual CFO, and the Owner of Young + Co! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, and I started the Profit + Prosper podcast to help you do the same. Profit + Prosper is a business finance podcast created to help entrepreneurs build their wealth in a way that’s fun and empowering. This is NOT a boring numbers podcast - I will share tactical tips to increase your profit so you can truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Instagram - https://www.instagram.com/itssarahyoung/
- Facebook - https://www.facebook.com/youngcocfo
- YouTube - https://www.youtube.com/channel/UCO4wwwPKmuvCFh5NvVuwvnQ
- Website - https://www.trustyoungco.com/
It’s easy to get caught up in shiny object syndrome when it comes to marketing your business. Too often, business owners end up wasting time and money on marketing strategies that don’t actually move their business forward. If you’ve ever spent too much money on your website or on yet another fancy marketing strategy, then this episode is for you! Tune in as Sarah talks with marketing expert Erin Breeden about how aligned messaging can make you more money, which part of the marketing funnel you need to spend money on, and at which point PR is a good move for your business. Erin Breeden is the head mermaid of Blue Tide Creative, a strategic communications firm that rescues clients from the shallows. Blue Tide Creative offers public relations, strategic consulting, marketing, branding, and creative storytelling services.
Want to create a more profitable business in 2023? Then you need to do a year-end review and plan out your money moves! Download my free Year End Review Workbook (and check out episode 43 for a walkthrough) to review what worked in 2022 from a financial perspective and identify the things that will make you more money next year!
Do you have a question or topic you’d like me to cover on the show? Click here to send us your submission!
Connect with Erin!
Website
Concierge Service
In this episode, you’ll learn:
- 0:00 Introduction
- 04:20 What exactly is marketing?
- 08:00 Marketing mistakes that cost you money
- 12:05 Key considerations for a profitable brand identity
- 22:50 At what point are you ready to spend money on PR and ads?
- 28:49 Learn how to interpret conversion rates to optimize your expenses
- 32:40 The best ROI Erin ever had in marketing
I’m Sarah Young - a CPA, Virtual CFO, and the Owner of Young + Co! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, and I started the Profit + Prosper podcast to help you do the same. Profit + Prosper is a business finance podcast created to help entrepreneurs build their wealth in a way that’s fun and empowering. This is NOT a boring numbers podcast - I will share tactical tips to increase your profit so you can truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Instagram - https://www.instagram.com/itssarahyoung/
- Facebook - https://www.facebook.com/youngcocfo
- YouTube - https://www.youtube.com/channel/UCO4wwwPKmuvCFh5NvVuwvnQ
- Website - https://www.trustyoungco.com/
It's that time of year when goal setting and year end reviews are on the top of everyone’s mind. I’m adding my two cents, but offering up a different way to use your financial data to set new business goals. As you take some time off for the upcoming holiday season, I want you to find a cozy corner and take a look at your finances. Reflect on what worked and what didn’t. Tune in as I walk you through a year-end review that uses your financial data to help craft business goals and top money moves for next year. I even have a downloadable workbook you can use to follow along. I promise you there is no crazy math involved or complicated worksheets - we’ll look at the big picture to determine what activities put money in your pocket this past year and what should be your big money moves coming up.
Download my free Year End Review Workbook here and follow along!
Do you have a question or topic you’d like me to cover on the show? Click here to send us your submission!
In this episode, you’ll learn:
- 0:00 Introduction
- 06:45 Why a year end review is essential
- 08:00 Getting started with a year end review
- 09:00 What things made you money this year?
- 13:20 Where did your money go?
- 20:00 Assess your energy from last year - were you energetic or burned out?
- 24:30 Use your data to look ahead and create 3 goals
- 25:30 Invest in order to reach your goal
I’m Sarah Young - a CPA, Virtual CFO, and the Owner of Young + Co! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, and I started the Profit + Prosper podcast to help you do the same. Profit + Prosper is a business finance podcast created to help entrepreneurs build their wealth in a way that’s fun and empowering. This is NOT a boring numbers podcast - I will share tactical tips to increase your profit so you can truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Instagram - https://www.instagram.com/itssarahyoung/
- Facebook - https://www.facebook.com/youngcocfo
- YouTube - https://www.youtube.com/channel/UCO4wwwPKmuvCFh5NvVuwvnQ
- Website - https://www.trustyoungco.com/
I started my side hustle in 2018 and in 4 short years, I’ve learned a lot, but also made a lot of mistakes along the way. If you’re an entrepreneur, I bet you can relate! No path to business success is ever straightforward or easy, and mine is no exception. Wherever you are in your entrepreneurial journey, learn from my lessons or if you’ve made the same mistakes, come laugh with me. Tune in as I share the origin story of Young + Co to hear how I turned a $100/yr side hustle into a multi-six figure business.
What’s the next big financial move in your business? Take our free quiz to get three actionable steps in your wealth building journey!
Do you have a question or topic you’d like me to cover on the show? Click here to send us your submission!
Links mentioned:
- Episode 03: How I Used My Profit Strategy to Blast Way Past $10K Months
In this episode, you’ll learn:
- 0:00 Introduction
- 05:19 What led me to start a side hustle
- 08:44 Mistake #1 Offering everything
- 11:14 Mistake #2 Devaluing my worth
- 17:30 Mistake #3 Trying to run payroll in the hospital with my newborn
- 23:10 Mistake #4 Burnout
- 24:10 The shift that brought me to 25k months
I’m Sarah Young - a CPA, Virtual CFO, and the Owner of Young + Co! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, and I started the Profit + Prosper podcast to help you do the same. Profit + Prosper is a business finance podcast created to help entrepreneurs build their wealth in a way that’s fun and empowering. This is NOT a boring numbers podcast - I will share tactical tips to increase your profit so you can truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Instagram - https://www.instagram.com/itssarahyoung/
- Facebook - https://www.facebook.com/youngcocfo
- YouTube - https://www.youtube.com/channel/UCO4wwwPKmuvCFh5NvVuwvnQ
- Website - https://www.trustyoungco.com/
True or false - In order to grow your business and make more money, you need to sacrifice your health by working more, sleeping less, and not exercising. You can always focus on your health later, once your business is thriving, right? False. It’s actually the moments when you feel the busiest that you need to pause and focus on your health, specifically your sleep, diet, exercise and stress levels. When you invest in yourself, your brain is optimized and you perform better at work, life….and well, everything. That’s why I think the best return you can get on an investment in your business is actually investing in yourself - so you show up as the leader of your business with better energy, a better mindset, and better focus. In this episode, Sarah talks with Tanessa Shears about how to stop brain fog and show up for your business by focusing first on your health. Tanessa Shears is a kinesiologist, certified sleep science coach, health consultant and host of the Becoming Limitless Podcast. She helps entrepreneurs scale their business by optimizing their health, focus & productivity with science and biohacking.
Are you ready to turn your cash flow into $100K in wealth? My Profit + Prosper group program empowers six-figure entrepreneurs to get off the cash flow hamster wheel and start making wealth-building investments in business and in life. Visit https://www.profitandprosper.co/joinnow to learn more and sign up for the next cohort. The doors are open until November 7, 2022!
Do you have a question or topic you’d like me to cover on the show? Click here to send us your submission!
Connect with Tanessa Shears:
✔️Website
✔️instagram.com/tanessashears
✔️Becoming Limitless Podcast
In this episode, you’ll learn:
- 0:00 Introduction
- 06:31 How Tanessa went from personal trainer to CEO brain optimizer
- 08:40 Why sleep is the foundation of health
- 11:21 Being busy is actually the best time to focus on your health
- 20:17 How Tanessa reached financial independence, and business became even more fun
- 28:55 Spending time on your health = better brain health
- 38:30 How your health impacts your mindset and ability to show up
- 44:26 Know what motivates you so you can make more progress toward your goals
I’m Sarah Young - a CPA, Virtual CFO, and the Owner of Young + Co! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, and I started the Profit + Prosper podcast to help you do the same. Profit + Prosper is a business finance podcast created to help entrepreneurs build their wealth in a way that’s fun and empowering. This is NOT a boring numbers podcast - I will share tactical tips to increase your profit so you can truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Instagram - https://www.instagram.com/itssarahyoung/
- Facebook - https://www.facebook.com/youngcocfo
- YouTube - https://www.youtube.com/channel/UCO4wwwPKmuvCFh5NvVuwvnQ
- Website - https://www.trustyoungco.com/
By the time you reach the six-figure mark in your business, you’ll probably realize that in order to grow your business to the next level and not burn yourself out, you need to hire a team member. Hiring can be overwhelming though! It’s a big investment for your business and you want to make sure you get it right. In this episode, Sarah talks with HR leader Karen Weeks about everything that you need to consider in order to not only hire the right person but keep your business growing afterwards. Karen Weeks is an HR professional and transformational career coach who helps career-oriented humans get unstuck and find (and be successful) in careers that bring them joy, fulfillment and success.
Are you ready to turn your cash flow into $100K in wealth? My Profit + Prosper group program empowers six-figure entrepreneurs to get off the cash flow hamster wheel and start making wealth-building investments in business and in life. Visit https://www.profitandprosper.co/joinnow to learn more and sign up for the next cohort launching October 24th, 2022!
Do you have a question or topic you’d like me to cover on the show? Click here to send us your submission!
Connect with Karen:
- Website
- Shine at Work Podcast
Links Mentioned:
3 Steps to Grow Your Business Profitably
In this episode, you’ll learn:
- 0:00 Introduction
- 03:20 If you’re burnt out, it's time to consider hiring someone
- 07:43 What led Karen to build a career in HR and why small business owners need HR support as they hire
- 13:50 Ways to invest profit from your business
- 18:43 Consider the seasonality of your business when hiring
- 27:58 Hiring tips, tricks and things to avoid
- 39:51 Contractors vs employees
- 45:17 Hiring means harnessing your leadership skills
I’m Sarah Young - a CPA, Virtual CFO, and the Owner of Young + Co! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, and I started the Profit + Prosper podcast to help you do the same. Profit + Prosper is a business finance podcast created to help entrepreneurs build their wealth in a way that’s fun and empowering. This is NOT a boring numbers podcast - I will share tactical tips to increase your profit so you can truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Instagram - https://www.instagram.com/itssarahyoung/
- Facebook - https://www.facebook.com/youngcocfo
- YouTube - https://www.youtube.com/channel/UCO4wwwPKmuvCFh5NvVuwvnQ
- Website - https://www.trustyoungco.com/
A lot of similar themes keep coming up lately in client conversations, consults, and in my DMs. Things like: “Do I deserve to make more money?” “Will I fail?” “Why would anyone buy from me?” So let’s chat about it! As you’re growing your business from zero to millionaire, certain issues and themes are going to arise. In this episode, I’m digging into four common money mindsets that stop CEOs from growing their businesses profitably, and giving real-life examples and actionable tips on how to overcome them. Don’t let your mindset hold you back any longer. It's time to start moving forward in your business!
Are you ready to turn your cash flow into $100K in wealth? My Profit + Prosper group program empowers six-figure entrepreneurs to get off the cash flow hamster wheel and start making wealth-building investments in business and in life. Visit https://www.profitandprosper.co/joinnow to learn more and sign up for the next cohort launching October 24th, 2022!
Do you have a question or topic you’d like me to cover on the show? Click here to send us your submission!
Links mentioned:
Ep. 16 Raise Revenue with High Ticket Offers
Ep. 32- Stop Bootstrapping Your Business
https://unfuckyourbrain.com/greatest-hits-perfectionist-fantasies/
In this episode, you’ll learn:
- 0:00 Introduction
- 04:00 Imposter syndrome - how I lost $100K by holding onto busy work
- 11:41 How to overcome imposter syndrome
- 15:26 A real client example of scarcity mindset
- 21:45 How to let clients go who aren’t serving you
- 26:26 Why perfectionism is your enemy and some tips to overcome it
- 32:19 Why self-reliance and free content don’t work and what I do instead
There are endless things to do and never enough time when you are an entrepreneur. If you have ever felt like you are endlessly chasing clients in order to get more sales - but not ever putting more money into your pocket - then, my friend, you are on the cash flow hamster wheel. What if I told you there was a way to get more of your time back and increase your cash flow by stepping off that hamster wheel? Sounds too good to be true, right? Tune in as I walk you through 3 key things you can do to increase your cash flow while taking yourself out of the never-ending cycle of hustle.
Are you ready to turn your cash flow into $100K in wealth? My Profit + Prosper group program empowers six-figure entrepreneurs to get off the cash flow hamster wheel and start making wealth-building investments in business and in life. Visit https://www.profitandprosper.co/joinnow to learn more and sign up for the next cohort launching October 24th, 2022!
Do you have a question or topic you’d like me to cover on the show? Click here to send us your submission!
Links mentioned:
Episode 36 on Growth Mode vs Profit Mode
Episode 32 on Stop Bootstrapping Your Business
In this episode, you’ll learn:
- 0:00 Introduction
- 01:45 The case for getting off the hamster wheel
- 03:14 Why knowing your numbers helps you identify profit leaks
- 08:05 How to figure out if your business model is profitable - and how to fix it
- 17:00 Why leverage is the difference between being self-employed and being a business owner, and how to use leverage to increase your cash flow
I’m Sarah Young - a CPA, Virtual CFO, and the Owner of Young + Co! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, and I started the Profit + Prosper podcast to help you do the same. Profit + Prosper is a business finance podcast created to help entrepreneurs build their wealth in a way that’s fun and empowering. This is NOT a boring numbers podcast - I will share tactical tips to increase your profit so you can truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Instagram - https://www.instagram.com/itssarahyoung/
- Facebook - https://www.facebook.com/youngcocfo
- YouTube - https://www.youtube.com/channel/UCO4wwwPKmuvCFh5NvVuwvnQ
- Website - https://www.trustyoungco.com/
When you are growing your business, it’s easy to become fixated on acquiring more and more clients, but if you’re not careful that can quickly lead to burnout and overwhelm. In all businesses, there are times to grow and times to step back, evaluate, and plan. In this episode, Sarah talks with Kristen Stegall, CEO of Novice Studios, about how she determined her next steps by taking a long-term view of her business. For Kristen, this meant determining what gave her energy and time back in her business. She discovered that in order to grow in a sustainable, profitable way, she would have to let go of a whole slew of clients in 2021…. not an easy thing to do. But by redoing her packages and focusing on a certain type of client, Kristen was able to not only stabilize her business and hire her dream team, but also grow it to the next level. Learn why Kristen feels good about heading off on maternity leave soon and what she did to prepare including participating in the Profit + Prosper Program. Kristen Stegall is the CEO of Novice Studios, a podcast production company located in Charlotte, North Carolina.
Are you ready to turn your cash flow into $100K in wealth? My Profit + Prosper group program empowers six-figure entrepreneurs to get off the cash flow hamster wheel and start making wealth-building investments in business and in life. Visit https://www.profitandprosper.co/joinnow to learn more and sign up for the next cohort launching October 24th, 2022!
Do you have a question or topic you’d like me to cover on the show? Click here to send us your submission!
Connect with Kristen:
- Website
In this episode, you’ll learn:
- 0:00 Introduction
- 01:26 Kristen’s backstory, how she went from being a burned out freelancer to the CEO of growing a profitable podcast business
- 06:36 How Kristen changed her mindset in order to let go of some of her clients
- 09:03 What Kristen gained from letting go of clients and reshaping her business.
- 11:25 Sarah shares a time when letting go of clients benefitted her business
- 16:20 How not to prepare for maternity leave
- 18:12 Steps Kristen took to prepare for her upcoming maternity leave
- 24:24 The importance of embracing a season of stabilization in your business
- 29:00 Finding a balance between hiring talent, paying them well and remaining profitable
- 33:43 Learning to recognize the sale cycles of your business and how to use them to your advantage
I’m Sarah Young - a CPA, Virtual CFO, and the Owner of Young + Co! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, and I started the Profit + Prosper podcast to help you do the same. Profit + Prosper is a business finance podcast created to help entrepreneurs build their wealth in a way that’s fun and empowering. This is NOT a boring numbers podcast - I will share tactical tips to increase your profit so you can truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- YouTube
- Website
Is it possible to grow your business AND stay profitable? Yes! But you need to understand your numbers and create an intentional financial plan in order to set yourself up for success. You’re going to cycle through phases of growth and stability in your business - growth mode and profit mode - and whatever phase you’re in, there are a few key things you need to do to grow your business without losing all your money. It all comes down to being proactive vs. being reactive by being intentional about how you handle your finances.
Are you ready to turn your cash flow into $100K in wealth? My Profit + Prosper group program empowers six-figure entrepreneurs to get off the cash flow hamster wheel and start making wealth-building investments in business and in life. Visit https://www.profitandprosper.co/joinnow to learn more and sign up for the next cohort launching October 24th, 2022!
Do you have a question or topic you’d like me to cover on the show? Click here to send us your submission!
Links mentioned:
- Episode 6: How to Make Money Management Easy | My Spin on the Profit First Method
- Episode 14: What’s the Next Big Move You Need to Make in Your Business?
- Episode 15: Stressed About Sales? Calculate Your Monthly Baseline Revenue So You Can Be Strategic
In this episode, you’ll learn:
- 0:00 Introduction
- 03:40 Why business growth doesn’t necessarily mean profit growth
- 08:40 Growth mode vs profit mode: what’s the difference?
- 13:55 How I learned to recognize when I was in growth mode vs profit mode
- 17:44 Three plans every business owner needs
- 21:25 Manage your money so your dollars go where you want them to go
- 27:32 Manage your mindset
- 29:40 Make a long term plan and revisit it.
- 31:16 How do you turn your cash flow into $100K in wealth?
I’m Sarah Young - a CPA, Virtual CFO, and the Owner of Young + Co! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, and I started the Profit + Prosper podcast to help you do the same. Profit + Prosper is a business finance podcast created to help entrepreneurs build their wealth in a way that’s fun and empowering. This is NOT a boring numbers podcast - I will share tactical tips to increase your profit so you can truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Instagram - https://www.instagram.com/itssarahyoung/
- Facebook - https://www.facebook.com/youngcocfo
- YouTube - https://www.youtube.com/channel/UCO4wwwPKmuvCFh5NvVuwvnQ
- Website - https://www.trustyoungco.com/
Many entrepreneurs strive to make $100K in sales. It’s seen as a magical milestone where life becomes sunshine and rainbows, all your problems disappear, and you OFFICIALLY make it as a successful business owner. From my personal experience and from working with over 100 entrepreneurs, I don’t think this is true. $100K in sales is simply not enough for many entrepreneurs to pay themselves as much as they want and have the time and space to be the CEO of their business. In this episode, I’m telling you why I think that $250K is the new $100K. Tune in to learn 4 reasons why more cash flow will help you to not only keep your business afloat but will give you the head space you need to grow a business in line with your vision.
Are you ready to turn your cash flow into $100K in wealth? My Profit + Prosper group program empowers six-figure entrepreneurs to get off the cash flow hamster wheel and start making wealth-building investments in business and in life. Visit https://www.profitandprosper.co/joinnow to learn more and sign up for the next cohort launching October 24th, 2022!
Do you have a question or topic you’d like me to cover on the show? Click here to send us your submission!
In this episode, you’ll learn:
- 0:00 Introduction
- 03:45 Why $10K/month isn’t all it’s cracked up to be
- 07:28 Why you need to break out of the feast or famine cycle and running the numbers on what you can afford at $10K months
- 15:50 To grow my business beyond $100K, I had to do the following…
- 21:32 The millionaire mentality
- 24:10 Planning for profitability
- 25:50 Investing in the right things
- 30:02 Managing money systems
I’m Sarah Young - a CPA, Virtual CFO, and the Owner of Young + Co! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, and I started the Profit + Prosper podcast to help you do the same. Profit + Prosper is a business finance podcast created to help entrepreneurs build their wealth in a way that’s fun and empowering. This is NOT a boring numbers podcast - I will share tactical tips to increase your profit so you can truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Instagram - https://www.instagram.com/itssarahyoung/
- Facebook - https://www.facebook.com/youngcocfo
- YouTube - https://www.youtube.com/channel/UCO4wwwPKmuvCFh5NvVuwvnQ
- Website - https://www.trustyoungco.com/
Your money mindset can make or break your business. When you are in the pit of despair, many entrepreneurs bow out of the game, when in reality all they need to do is shift their money mindset. Josh Hall, a Web Design Coach who has helped over 1,300 students build scalable web design businesses, joins me today to talk about all things related to money mindset. He’s sharing his best strategies that helped him grow from a “cheap” web designer to a 6-figure web design coach.
I’m opening limited seats each month for my Virtual CFO services! If you’re looking for hands-on, 1:1 CFO support for your growing business, this is the financial package that will get you to the next level. Learn more at https://www.trustyoungco.com/cfo!
Josh Hall helps other web designers build and scale 6-figure, work-from-home businesses. His podcast, Web Design Business, has over 325,000 downloads and is rated in the top 1.5% of all podcasts. His YouTube Channel has almost 3 million views and over 27,000 subscribers.
- Website
- Podcast
- YouTube Channel
Do you have a question or topic you’d like me to cover on the show? Click here to send us your submission!
In this episode, you’ll learn:
0:00 Introduction
04:02 How Josh transitioned from a $11/hr cabinet maker to a web designer and finally a web design coach.
07:32 How Sarah went from underpricing herself to a higher-ticket offer.
10:40 Why it’s essential to surround yourself with people who will inspire and challenge you.
11:00 Unraveling mindset myths such as “You must have worked SO hard,” or “You’re so lucky.”
15:00 Why consistency is the most important thing you can do to keep momentum going in your business.
18:00 What to do when you are in the “pit of despair,” the low point in your business, and how to get out of it.
23:15 Why you shouldn’t take on a client that isn’t a good fit.
26:15 Common mindset blocks to achieving a money mindset.
35:45 Why you shouldn’t tie your self worth to your business.
42:00 How to stop low balling your services
48:00 Why having 3 tiers of services is KEY to avoiding burnout.
53:45 Tips on hiring, including how and when to add people to your team.
I’m Sarah Young - a CPA, Virtual CFO, and the Owner of Young + Co! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, and I started the Profit + Prosper podcast to help you do the same. Profit + Prosper is a business finance podcast created to help entrepreneurs build their wealth in a way that’s fun and empowering. This is NOT a boring numbers podcast - I will share tactical tips to increase your profit so you can truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Instagram - https://www.instagram.com/itssarahyoung/
- Facebook - https://www.facebook.com/youngcocfo
- YouTube - https://www.youtube.com/channel/UCO4wwwPKmuvCFh5NvVuwvnQ
- Website - https://www.trustyoungco.com/
It can be hard to believe, but sometimes, even people who you might think are "finance experts" have gone into debt. In the not-too-distant past, I personally had about $55k in debt.
In today’s episode, you’ll hear my personal money story and how circumstances within my life led me to make these money decisions. You’ll also learn how I crawled my way out of all that debt through perseverance and by practicing some smart financial habits.
It's because of my personal experiences with debt (and bad relationships) that I believe so strongly in helping women to take charge of their personal finances and build their wealth and independence. Don’t be shamed by your personal money story - learn from it and be empowered by it.
Are you looking for more information on building wealth with your business? Sign up for my free email newsletter, Millionaire Mondays!
Do you have a question or topic you’d like me to cover on the show? Click here to send us your submission!
In this episode, you’ll learn:
- 0:00 Why your money story shouldn’t be a source of shame.
- 03:50 How I bawled my eyes out at a women’s brunch discussing regrets I have had in my life.
- 08:56 How I started piling on debt using credit cards.
- 13:30 How I tried to delay paying off debt by transferring my debt from credit card to credit card.
- 17:04 Why I reached the breaking point in my marriage and decided I needed a change.
- 19:31 How I consolidated my debt using a personal loan from a credit union.
- 22:00 How to quickly chip away at debt using the snowball method.
I’m Sarah Young - a CPA, Virtual CFO, and the Owner of Young + Co! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, and I started the Profit + Prosper podcast to help you do the same. Profit + Prosper is a business finance podcast created to help entrepreneurs build their wealth in a way that’s fun and empowering. This is NOT a boring numbers podcast - I will share tactical tips to increase your profit so you can truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Instagram - https://www.instagram.com/itssarahyoung/
- Facebook - https://www.facebook.com/youngcocfo
- YouTube - https://www.youtube.com/channel/UCO4wwwPKmuvCFh5NvVuwvnQ
- Website - https://www.trustyoungco.com/
Generate the cash flow you need to start building wealth! Join the waitlist for the next round of my Profit + Prosper program at https://www.trustyoungco.com/programs!
Bootstrapping is an ever popular term in the entrepreneurial space, intended to convey the grit and perseverance you've demonstrated by doing everything yourself. But if you’re honest with yourself, is doing everything on your own growing your business, or is it actually keeping you stuck? In this episode, I’m sharing my perspective on how staying in a bootstrap mindset can hinder your growth and the mindset shifts you need so you can generate more profit without spending more of your own time, energy, and money.
Are you looking for more information on building wealth with your business? Sign up for my free email newsletter, Millionaire Mondays!
Do you have a question or topic you’d like me to cover on the show? Click here to send us your submission!
In this episode, you’ll learn:
- 0:00 What does “bootstrapping” your business mean?
- 5:11 How bootstrapping can be holding you back
- 8:34 Are you being too frugal in your business?
- 13:44 How bootstrapping negatively impacts your mindset
- 16:00 The difference between being self-employed and being a business owner
- 19:15 What you need to build a business that doesn’t require constant time and effort from you
I’m Sarah Young - a CPA, Virtual CFO, and the Owner of Young + Co! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, and I started the Profit + Prosper podcast to help you do the same. Profit + Prosper is a business finance podcast created to help entrepreneurs build their wealth in a way that’s fun and empowering. This is NOT a boring numbers podcast - I will share tactical tips to increase your profit so you can truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Instagram - https://www.instagram.com/itssarahyoung/
- Facebook - https://www.facebook.com/youngcocfo
- YouTube - https://www.youtube.com/channel/UCO4wwwPKmuvCFh5NvVuwvnQ
- Website - https://www.trustyoungco.com/
Have you ever wondered what you could do to increase the value of your business besides increasing revenue? In this episode, Shanice Miller, a business productivity consultant specializing in project management, is sharing how systems and processes can increase the resale value of your business. Her passion for identifying and solving inefficiencies began when she sold her first business at a less than premium price point because she didn’t have her systems and processes streamlined and documented.
Connect with Shanice!
- Get the free training: “3 Steps to Automating Your Business (and Freeing Up Your Time)”
I’m opening limited seats each month for my Virtual CFO services! If you’re looking for hands-on, 1:1 CFO support for your growing business, this is the financial package that will get you to the next level. Learn more at https://www.trustyoungco.com/cfo!
Do you have a question or topic you’d like me to cover on the show? Click here to send us your submission!
Links mentioned:
- BizBuySell
- Flippa
- Empire Flippers
In this episode, we'll cover:
- 0:00 Introduction
- 6:23 Knowing when you’ve had enough of your business
- 9:30 Why you should sell your business instead of shutting it down
- 15:51 The difference between being a CEO and building an asset
- 21:49 What you can do to sell your business for six figures instead of five
- 33:08 How to audit your systems to make sure you’re maximizing ROI
I’m Sarah Young - a CPA, Virtual CFO, and the Owner of Young + Co! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, and I started the Profit + Prosper podcast to help you do the same. Profit + Prosper is a business finance podcast created to help entrepreneurs build their wealth in a way that’s fun and empowering. This is NOT a boring numbers podcast - I will share tactical tips to increase your profit so you can truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Instagram - https://www.instagram.com/itssarahyoung/
- Facebook - https://www.facebook.com/youngcocfo
- YouTube - https://www.youtube.com/channel/UCO4wwwPKmuvCFh5NvVuwvnQ
- Website - https://www.trustyoungco.com/
There has been so much talk about a looming recession, and with layoffs in the news and the GDP dropping, it’s easy to see why. In this episode, I’m sharing the most efficient ways you can prepare for a recession in your business to not just survive, but perhaps even thrive through it. I’ll even be sharing what my multi six- and seven-figure clients did to survive the Great Recession in 2007-2009 and how they used it to their advantage.
I’m opening limited seats each month for my Virtual CFO services! If you’re looking for hands-on, 1:1 CFO support for your growing business, this is the financial package that will get you to the next level. Learn more at https://www.trustyoungco.com/cfo!
Do you have a question or topic you’d like me to cover on the show? Click here to send us your submission!
Links mentioned:
- Listen to Episode 18: Building a Business That Brings Ease, Energy, Earnings, and Equity with Jessica Lackey
In this episode I’ll cover:
- 0:00 - Are we in a recession?
- 4:22 - Why recessions are a normal part of the economic cycle
- 10:02 - How a recession could be an opportunity for your business
- 17:51 - How to prepare for a recession
- 18:08 - Why you need to build a cash cushion AND invest your money
- 23:54 - Diversifying your lead sources to avoid a sales slump
- 27:03 - Looking at your contracts and re-evaluating your policies
- 28:34 - Creating a plan for the best and worst case scenarios
I’m Sarah Young - a CPA, Virtual CFO, and the Owner of Young + Co! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, and I started the Profit + Prosper podcast to help you do the same. Profit + Prosper is a business finance podcast created to help entrepreneurs build their wealth in a way that’s fun and empowering. This is NOT a boring numbers podcast - I will share tactical tips to increase your profit so you can truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Instagram - https://www.instagram.com/youngcocfo/
- Facebook - https://www.facebook.com/youngcocfo
- YouTube - https://www.youtube.com/channel/UCO4wwwPKmuvCFh5NvVuwvnQ
- Website - https://www.trustyoungco.com/
In this episode, I’m digging deep into a case study of a recent Cash Flow Intensive client. This luxury spa business was hitting the high six-figures in revenue, but they were not very profitable. The owner has goals of opening a second location and stepping back from the day-to-day to spend more time with her kids (a lot of us can relate!), so we took steps to untangle their financials and get clear on their numbers so we could set measurable goals that will majorly increase their profitability.
Are you looking for more information on building wealth with your business? Sign up for my free email newsletter, Millionaire Mondays!
Do you have a question or topic you’d like me to cover on the show? Click here to send us your submission!
Resources mentioned:
- Cash Flow Intensive Service
- Virtual 1:1 CFO Services
In this episode, you’ll learn:
- Why it’s important to have good financial reports
- Two important questions that I ask my clients to get clear on reporting
- How I reorganized this client’s reports in order to help them quickly see if they were on or off track with their goals
- How to categorize your sales into buckets to make needle-moving decisions in your business
- Why you should have a financial scorecard and what KPIs you might include
- The difference between a bookkeeper and a CFO (not knowing this could be costing you money!)
Some key takeaways from this case study include:
- Having good financial reporting in place is key for maximizing your profit by knowing your numbers. It should be fast and easy for you to see how much money is coming in, and how much is going out each month.
- It is so beneficial to categorize your sales into buckets in your accounting software! Categorize sales by the types of services and products you offer, so you can quickly see what services or product types are bringing in the most revenue, and what could be improved or cut altogether.
- Create a scorecard to track your Key Performance Indicators (KPIs). These are the most important metrics you want to track and improve. Your KPIs might include sales by bucket, total expenses, gross profit margin, and utilization or capacity rate.
I’m Sarah Young - a CPA, Virtual CFO, and the Owner of Young + Co! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, and I started the Profit + Prosper podcast to help you do the same. Profit + Prosper is a business finance podcast created to help entrepreneurs build their wealth in a way that’s fun and empowering. This is NOT a boring numbers podcast - I will share tactical tips to increase your profit so you can truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Instagram - https://www.instagram.com/youngcocfo/
- Facebook - https://www.facebook.com/youngcocfo
- YouTube - https://www.youtube.com/channel/UCO4wwwPKmuvCFh5NvVuwvnQ
- Website - https://www.trustyoungco.com/
Do you feel like you’re on a hamster wheel in your business, constantly hustling and stressing to hit your revenue goals? Our guest today is here to help. Danielle Jefferson is a Business Operations Coach and Consultant - and one of my clients! - with one of the lowest stress to revenue ratios I’ve ever seen. She helps thriving businesses get to the next level by optimizing how they run their backend processes and operations, and in this episode she’s sharing how she built her low stress business while maximizing her profits.
Connect with Danielle!
- Website
Are you looking for more information on building wealth with your business? Sign up for my free email newsletter, Millionaire Mondays!
Do you have a question or topic you’d like me to cover on the show? Click here to send us your submission!
Some key takeaways from my interview with Danielle are:
- Don’t give your clients a whole selection of service options. You’re the expert that’s providing a solution to their problem. Tell them which service is the best solution for them and let them trust you to guide them.
- Figure out what the needle movers are in all contexts of your business. Reflect on what you’re doing in your business and what will move the needle towards your goals. It’s probably only 2 or 3 things, and these should be your top priorities.
- Create programs and offers that can run without you. You might need a team to handle client delivery, or you might create a course or training materials your clients can follow without you.
I’m Sarah Young - a CPA, Virtual CFO, and the Owner of Young + Co! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, and I started the Profit + Prosper podcast to help you do the same. Profit + Prosper is a business finance podcast created to help entrepreneurs build their wealth in a way that’s fun and empowering. This is NOT a boring numbers podcast - I will share tactical tips to increase your profit so you can truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Instagram - https://www.instagram.com/youngcocfo/
- Facebook - https://www.facebook.com/youngcocfo
- YouTube - https://www.youtube.com/channel/UCO4wwwPKmuvCFh5NvVuwvnQ
- Website - https://www.trustyoungco.com/
I know you love your business and can’t imagine yourself ever stepping away from it, but there are lots of circumstances that might require you to do so. Maybe one day you’ll retire and want to stop working altogether, or maybe you’ll just want to move on to another business venture one day. In this episode, I’m sharing how to structure your business and plan to maximize your profits so you can confidently step away from it one day on your own terms.
Want to add an extra $50K to $100K to your profits over the next year? Check out my Cash Flow Intensive! Learn more at https://www.trustyoungco.com/intensive
Do you have a question or topic you’d like me to cover on the show? Click here to send us your submission!
Resources mentioned:
- Listen to Episode 23: Calculate Your Retirement Number
Some key takeaways on exit strategies are:
- There are three main buckets of exit strategies: liquidating your business and shutting it down, becoming an investor in your business that collects profit but doesn’t run operations, and selling your business.
- If you’re following strategy #2 and stepping into the investor/owner role, you need to have enough profit to pay someone else a CEO salary, and teams in place to run the business day-to-day. All of this takes time, but they allow you to keep your business open and still collect profits.
- Selling your business can be a “net worth” event, meaning you can make hundreds of thousands or millions of dollars in one fell swoop and basically be set for life. How much you can sell your business for depends on your industry and earnings.
I’m Sarah Young - a CPA, Virtual CFO, and the Owner of Young + Co! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, and I started the Profit + Prosper podcast to help you do the same. Profit + Prosper is a business finance podcast created to help entrepreneurs build their wealth in a way that’s fun and empowering. This is NOT a boring numbers podcast - I will share tactical tips to increase your profit so you can truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Instagram - https://www.instagram.com/youngcocfo/
- Facebook - https://www.facebook.com/youngcocfo
- YouTube - https://www.youtube.com/channel/UCO4wwwPKmuvCFh5NvVuwvnQ
- Website - https://www.trustyoungco.com/
Congratulations! You’ve made a profit in your business (go you!!), and therefore need to pay taxes. There are so many clickbait-y articles out there on “how to not owe any money on taxes this year” or “secrets billionaires use to avoid paying taxes,” and you might find that none of them are really helpful to you. In this episode, I’m sharing my best tax strategies that will save you money, time, and stress year round, but especially when tax time rolls around.
Are you looking for more information on building wealth with your business? Sign up for my free email newsletter, Millionaire Mondays!
Do you have a question or topic you’d like me to cover on the show? Click here to send us your submission!
Links mentioned:
- Listen to Episode 20 (through 25!): Turning Your Business Cash Flow Into Wealth
- Check out our Tax Concierge Service
A few of the many key takeaways from this episode are:
- Overall, your focus should be on increasing and maximizing profitability, not on taxes. Learning more about tax deductions is great for financial literacy, but your focus is much better spent on increasing your profits. Hire a pro instead - you'll save yourself the stress of trying to get it right so you can focus on doing what you do best.
- Clean up your books! Make sure your revenue isn’t being double counted, that your business and personal expenses are completely separate, and that you’re tracking all your expenses. This is free to do but so important!
- Don’t rush to switch your business from an LLC to an S-Corp just for the tax deduction. If you’re not making at least $75,000 in bottom line profit, you are actually going to lose out on deductions you’d get as an LLC.
I’m Sarah Young - a CPA, Virtual CFO, and the Owner of Young + Co! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, and I started the Profit + Prosper podcast to help you do the same. Profit + Prosper is a business finance podcast created to help entrepreneurs build their wealth in a way that’s fun and empowering. This is NOT a boring numbers podcast - I will share tactical tips to increase your profit so you can truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Instagram - https://www.instagram.com/youngcocfo/
- Facebook - https://www.facebook.com/youngcocfo
- YouTube - https://www.youtube.com/channel/UCO4wwwPKmuvCFh5NvVuwvnQ
- Website - https://www.trustyoungco.com/
I haven’t been subtle about this: I’m extremely passionate about helping people build wealth with their businesses. We’ve covered tons of strategies in the last handful of episodes, you’re hearing from Kaitlyn Carlson, a Financial Planner to multi-millionaire (and a few billionaire) business owners and the Founder of Theory Planning Partners. She’s sharing her best strategies for building wealth no matter where you are in your business, the people you need on your financial success team, and how to choose a financial planner.
Theory Planning Partners is a boutique wealth creation firm that works with the top female entrepreneurs in America. We focus on helping women optimize the value of their business, build personal wealth, and leave a lasting legacy.
- Website
Want to add an extra $50K to $100K to your profits over the next year? Check out my Cash Flow Intensive! Learn more at https://www.trustyoungco.com/intensive
Do you have a question or topic you’d like me to cover on the show? Click here to send us your submission!
Resources mentioned:
- Get my free retirement calculator training
- Calculator Soup - Retirement Savings Calculator
- XY Planning Network
Some key takeaways on wealth building with Kaitlyn include:
- Phase I of wealth building is to figure out how much you need to save per month to hit your retirement goals. Use an online retirement calculator to see how much that is and make that your first financial goal when you start paying yourself.
- Phase II is deciding if you’re going to build an enterprise business or a lifestyle business, and building your financial success team. This includes a CFO, Bookkeeper, an Account who is also a Tax Strategist, and a Financial Planner.
- When you’re looking for a Financial Planner, make sure you hire someone who is a Certified Financial Planner (CFP), and who is working for a Registered Investment Advisor (RAI) as opposed to an insurance company.
I’m Sarah Young - a CPA, Virtual CFO, and the Owner of Young + Co! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, and I started the Profit + Prosper podcast to help you do the same. Profit + Prosper is a business finance podcast created to help entrepreneurs build their wealth in a way that’s fun and empowering. This is NOT a boring numbers podcast - I will share tactical tips to increase your profit so you can truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Instagram - https://www.instagram.com/youngcocfo/
- Facebook - https://www.facebook.com/youngcocfo
- YouTube - https://www.youtube.com/channel/UCO4wwwPKmuvCFh5NvVuwvnQ
- Website - https://www.trustyoungco.com/
Saving, investing, paying down debt, buying real estate… There are SO many ways to increase your net worth, but where the heck do you start? Grab your notebook and a cold beverage, because we are going deep in today’s episode about how to build your net worth no matter where you are with your business today. If you’ve always been intimidated by the concept of increasing your net worth, this is the episode for you because I’m bringing you back to basics with clear next steps to follow.
Are you looking for more information on building wealth with your business? Sign up for my free email newsletter, Millionaire Mondays!
Do you have a question or topic you’d like me to cover on the show? Click here to send us your submission!
Resources mentioned:
- What’s the next big financial move in your business? Take our free quiz to get three actionable steps in your wealth building journey!
- Listen to Episode 20: Turning Your Business Cash Flow Into Wealth
- Young + Co. Concierge Tax Service
Some key takeaways on increasing your net worth are:
- Build up both a personal cash cushion and a business cash cushion. Your business cash cushion should cover at least 2-3 months of expenses, and your personal cushion should cover 6 months of living expenses.
- Then, prioritize paying off high-interest debts first before investing or paying off low-interest debts. Those high interest loans are going to rack up a ton of interest over time, so the sooner you eliminate that liability, the better!
- While it’s important to plan for retirement, don’t forget to consider investments you can access before retirement age if you need to or want to. Real estate, franchises, or digital products are a few examples that can generate income short term and long term with little to no effort from you.
I’m Sarah Young - a CPA, Virtual CFO, and the Owner of Young + Co! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, and I started the Profit + Prosper podcast to help you do the same. Profit + Prosper is a business finance podcast created to help entrepreneurs build their wealth in a way that’s fun and empowering. This is NOT a boring numbers podcast - I will share tactical tips to increase your profit so you can truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Instagram - https://www.instagram.com/youngcocfo/
- Facebook - https://www.facebook.com/youngcocfo
- YouTube - https://www.youtube.com/channel/UCO4wwwPKmuvCFh5NvVuwvnQ
- Website - https://www.trustyoungco.com/
Even if you can’t imagine a time when you wouldn’t want to be working in some capacity, you should still plan for a time when you might want to relax. Retirement doesn’t have to mean you don’t work, it just means you’ll have the time freedom and financial freedom for work to be optional. In this episode, I’m covering the basics of how to calculate how much you need to save for retirement so you can make a strong retirement plan - and start executing on it ASAP.
Want to add an extra $50K to $100K to your profits over the next year? Check out my Cash Flow Intensive! Learn more at https://www.trustyoungco.com/intensive
Do you have a question or topic you’d like me to cover on the show? Click here to send us your submission!
Links mentioned:
- Listen to Episode 21: Wealth Building Habits You Can Start implementing Today
- Get my free retirement calculator training
- Calculator Soup - Retirement Savings Calculator
- Young + Co. Concierge Tax Service
Some key takeaways from this episode include:
- First, ask yourself some essential questions: When do you want to retire? What is your net worth goal, and what’s the cash flow you need to cover your annual living expenses in retirement? What mix of assets do you want?
- There are a few ways to calculate your retirement number. I have a free retirement calculator training you can watch, but there are also retirement schedules you can find online based on your age and annual cash flow goal. You can also follow the 4% rule, which I explain in this episode.
- Until you have $1 million in assets… you do not need a financial planner. Most “financial planners” before that level are just life insurance sales people. You need someone who’s invested in your overall well being and not pushing a product on you.
I’m Sarah Young - a CPA, Virtual CFO, and the Owner of Young + Co! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, and I started the Profit + Prosper podcast to help you do the same. Profit + Prosper is a business finance podcast created to help entrepreneurs build their wealth in a way that’s fun and empowering. This is NOT a boring numbers podcast - I will share tactical tips to increase your profit so you can truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Instagram - https://www.instagram.com/youngcocfo/
- Facebook - https://www.facebook.com/youngcocfo
- YouTube - https://www.youtube.com/channel/UCO4wwwPKmuvCFh5NvVuwvnQ
- Website - https://www.trustyoungco.com/
We’ve chatted extensively on the podcast about whether you can be rich and do good, and this episode should seal the deal once and for all. Kyle S. King is an entrepreneur, father, and changemaker who is doing some seriously incredible work for underserved communities, and it’s completely self-funded. In this episode, Kyle is sharing how he’s using the revenue generated from his business to make an impact and create lasting change. Get ready to take extensive notes and walk away feeling inspired.
Kyle S. King is one of the most sought after coaches in Charlotte, specializing in helping coaches, consultants, and speakers grow their business through leveraging a book. His company, The Writers Game, in 2020 assisted over 400 authors around the globe craft, publish, and profit from their stories generating over $3.2 million in collective revenue.
Connect with Kyle!
- YouTube
Are you looking for more information on building wealth with your business? Sign up for my free email newsletter, Millionaire Mondays!
Do you have a question or topic you’d like me to cover on the show? Click here to send us your submission!
Resources mentioned:
- Alex Hormozi on Instagram
Some key takeaways from this episode are:
- It is much easier to maintain long term relationships with existing clients than to constantly hustle to find new clients. Focus on your client experience and delivering the best service possible and craft offers that keep your clients with you long term.
- If you want to build wealth, become a better person. Develop strong core values that will help you assess business and financial decisions and clearly see if they bring you closer to your vision and purpose or further away from it.
- In order to make an impact, you need capital. Money offers you the opportunity to invest in the experiences and vision you want to execute for any community or group of people you want to impact. Yes, you can offer your time, but huge impacts require resources that can be purchased with capital.
I’m Sarah Young - a CPA, Virtual CFO, and the Owner of Young + Co! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, and I started the Profit + Prosper podcast to help you do the same. Profit + Prosper is a business finance podcast created to help entrepreneurs build their wealth in a way that’s fun and empowering. This is NOT a boring numbers podcast - I will share tactical tips to increase your profit so you can truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Instagram - https://www.instagram.com/youngcocfo/
- Facebook - https://www.facebook.com/youngcocfo
- YouTube - https://www.youtube.com/channel/UCO4wwwPKmuvCFh5NvVuwvnQ
- Website - https://www.trustyoungco.com/
Want to hear a secret? Building wealth doesn’t begin with a ton of cash in the bank or a seven figure business. It begins with tiny money habits that compound over time… literally. As a part of my wealth building series, I’m breaking down the habits you can implement ASAP to build wealth. From overcoming “Perfectionist Fantasies,” which I learned about from Kara Loewentheil on her podcast Unf*ck Your Brain, to which investment accounts to open up and start putting money into, this episode has everything you need to get started.
Are you looking for more information on building wealth with your business? Sign up for my free email newsletter, Millionaire Mondays!
Do you have a question or topic you’d like me to cover on the show? Click here to send us your submission!
Resources mentioned:
- Listen to Unf*ck Your Brain Ep. 171: Perfectionist Fantasies + Tomorrow Thinking
- Listen to Episode 3: How I Used My Profit Strategy to Blast Way Past $10K Months
- Atomic Habits by James Clear
- FXAIX Fidelity 500 Index Fund
- The Psychology of Money by Morgan Housel
Some key takeaways on building habits for investing:
- You do not need a 7-figure business to be wealthy. Thinking you need to hit a certain number in revenue in order to enact strong money habits is holding you back. Start building habits today with what you have.
- Consider investing in an S&P 500 index fund. These index funds are medium risk investments based on the market that show great returns in the long run, which should be your ultimate goal when it comes to investing for your retirement.
- Compound interest is the interest you earn on your investment earnings. If you leave your earnings (meaning the deposit you put into your investment account + the interest gained), you’ll earn interest on your interest, which results in your investment growing exponentially over time.
I’m Sarah Young - a CPA, Virtual CFO, and the Owner of Young + Co! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, and I started the Profit + Prosper podcast to help you do the same. Profit + Prosper is a business finance podcast created to help entrepreneurs build their wealth in a way that’s fun and empowering. This is NOT a boring numbers podcast - I will share tactical tips to increase your profit so you can truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Instagram - https://www.instagram.com/youngcocfo/
- Facebook - https://www.facebook.com/youngcocfo
- YouTube - https://www.youtube.com/channel/UCO4wwwPKmuvCFh5NvVuwvnQ
- Website - https://www.trustyoungco.com/
There are a lot of reasons why people start their own businesses, and one of them is building wealth for themselves. In this episode, I’m sharing how to turn the cash flow you’re generating in your business into wealth and net worth. From stabilizing your business to creating multiple streams of income, I’m covering all the steps here. In upcoming episodes, I’m going into a lot more detail about investing, so be sure to subscribe to the podcast to stay tuned!
Are you looking for more information on building wealth with your business? Sign up for my free email newsletter, Millionaire Mondays!
Do you have a question or topic you’d like me to cover on the show? Click here to send us your submission!
Links mentioned:
- Listen to Episode 15: Calculating Your Baseline Revenue
- Listen to Episode 6: My Spin on the Profit First Method
Some key takeaways on turning your business cash flow into net worth are:
- Generating wealth using your business is a two-step process. Step 1: generate cash flow in your business. Step 2: invest that cash flow to build wealth. It might not be quite as easy as it sounds, but it really is that straightforward.
- There are three stages of wealth building in your business: stabilize, protect, and invest. The goal is to work your way up to the “invest” phase, but you may bounce back and forth between these phases depending on the season you’re in your life and business.
- How do you know if you have enough money to invest? If you are generating enough money to pay yourself consistently, you’ve set aside money for taxes, and you have a cash reserve built up in case of any “oh sh*t” moments, what’s left over is yours to invest.
I’m Sarah Young - a CPA, Virtual CFO, and the Owner of Young + Co! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, and I started the Profit + Prosper podcast to help you do the same. Profit + Prosper is a business finance podcast created to help entrepreneurs build their wealth in a way that’s fun and empowering. This is NOT a boring numbers podcast - I will share tactical tips to increase your profit so you can truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Instagram - https://www.instagram.com/youngcocfo/
- Facebook - https://www.facebook.com/youngcocfo
- YouTube - https://www.youtube.com/channel/UCO4wwwPKmuvCFh5NvVuwvnQ
- Website - https://www.trustyoungco.com/
Business models can be complex, but finding the right one for your goals can make or break your business… No pressure! Whether your business offers services, products, or coaching and consulting, there are so many ways you can approach your business model to maximize revenue without feeling burned out. In this episode, I’m wrapping up our revenue series by showing you how to use the info from the series to craft the best business model for you.
Want to add an extra $50K to $100K to your profits over the next year? Check out my Cash Flow Intensive! Learn more at https://www.trustyoungco.com/intensive
Do you have a question or topic you’d like me to cover on the show? Click here to send us your submission!
Links mentioned:
- Listen to Episode 15: Calculate Your Monthly Baseline Revenue
- Download my Free Revenue Goal Calculator
- Learn more about my quarterly Profit + Prosper program
Some key takeaways on finding the right business model:
- There are lots of complicated explanations of business models online, but a business model is simply what you are selling, to whom you are selling it, and how you are delivering that thing to those customers.
- The “who” is super important and will inform how much you can charge and what all you’ll need to deliver, as well as your overall capacity. For example, a premium interior designer might cater to only a few wealthy clients at a time, and therefore charge $100K for whole home designs that require an entire team and months to execute.
- It’s okay to change business models over time, and to have diverse offers for your clients. As you plan for the time and money freedom you want to have, your business model should make it easier - not harder - to hit those goals.
I’m Sarah Young - a CPA, Virtual CFO, and the Owner of Young + Co! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, and I started the Profit + Prosper podcast to help you do the same. Profit + Prosper is a business finance podcast created to help entrepreneurs build their wealth in a way that’s fun and empowering. This is NOT a boring numbers podcast - I will share tactical tips to increase your profit so you can truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Instagram - https://www.instagram.com/youngcocfo/
- Facebook - https://www.facebook.com/youngcocfo
- YouTube - https://www.youtube.com/channel/UCO4wwwPKmuvCFh5NvVuwvnQ
- Website - https://www.trustyoungco.com/
In one of the earliest episodes of the podcast, we explored a common question: can you be rich and do good? In this episode, Jessica Lackey, a Feminist Strategy and Operations Advisor, is joining us to share her expertise on building a business that allows you to make money, fight injustice, foster equity, and reject being a cog in the corporate machine. That’s right - you can build a business that does ALL of these things, allowing you to stay true to your core values and create wealth at the same time.
Connect with Jessica!
- Radical Strategy Collective
- Website
- Radical Strategy Sundays Email Newsletter
Are you looking for more information on building wealth with your business? Sign up for my free email newsletter, Millionaire Mondays!
Do you have a question or topic you’d like me to cover on the show? Click here to send us your submission!
Resources mentioned:
- Listen to episode 16: Crafting a High-Ticket Offer with Lauren Widrick
- The Antiracist Business Book by Trudi Lebrón
- Download my Free Revenue Goal Calculator
Some key takeaways on build a values-based business:
- As Jessica says, break apart the paradigm that says being of service or being a helper is not something you should charge for. Your time and skills are valuable, and you deserve to build wealth that can solve inequity in the world.
- Before we lose you with terms like “anti-capitalism,” there are lots of ways to create an equitable business that allows you to enjoy your wealth and still pay and treat your employees well.
- Don’t focus on “charging your worth.” Instead, charge for the value of the transformation you’re providing to your client. What’s the ROI from that company working with you?
- As an entrepreneur, redefine what “work” means to you. It’s no longer having your hands on the keyboard, tracking your hours for your manager, or putting in long nights and weekends. Reading, taking care of yourself, and strategizing is all important work.
Connect with Sarah:
- Instagram - https://www.instagram.com/youngcocfo/
- Facebook - https://www.facebook.com/youngcocfo
- YouTube - https://www.youtube.com/channel/UCO4wwwPKmuvCFh5NvVuwvnQ
- Website - https://www.trustyoungco.com/
Continuing the series on increasing revenue, I’m sharing the fastest and easiest way to do so: raising your rates. You’ve probably seen a pretty Instagram graphic or random Facebook post that says something along the lines of “I don’t know who needs to hear this, but you need to double your prices.” Whether you’re struggling with a scarcity mindset around raising your prices, or you’re against arbitrarily doubling your rates (honestly, we are too!), this episode is for you! I’m digging into all the signs that it might be time to raise your prices, and how to do so confidently by making sure the value you’re bringing is worth the premium price!
Are you looking for more information on building wealth with your business? Sign up for my free email newsletter, Millionaire Mondays!
Do you have a question or topic you’d like me to cover on the show? Click here to send us your submission!
Resources mentioned:
- Listen to Episode 15: Calculate Your Monthly Baseline Revenue
- Download my Free Revenue Goal Calculator
Some key takeaways on finally raising your prices:
- Don’t fall into the trap of doing work for an hourly rate. Even creating flat monthly fees based on a certain number of hours can end up hurting you if you overdeliver for clients. As you get more efficient at your work, charging hourly only benefits the client, not you.
- Consider creating a low volume, high price business model. If you’re including strategy, your clients are getting a clear ROI, and you’re just providing a ton of value, you can (and should!) charge premium prices for your services.
- Before you raise your prices, evaluate your service offerings. How can you add more value? Can you deliver it faster? Can you make it more potent? By infusing some strategy into your packages, you can confidently raise your pricing to a premium level knowing you’re giving tons of value.
I’m Sarah Young - a CPA, Virtual CFO, and the Owner of Young + Co! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, and I started the Profit + Prosper podcast to help you do the same. Profit + Prosper is a business finance podcast created to help entrepreneurs build their wealth in a way that’s fun and empowering. This is NOT a boring numbers podcast - I will share tactical tips to increase your profit so you can truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Instagram - https://www.instagram.com/youngcocfo/
- Facebook - https://www.facebook.com/youngcocfo
- YouTube - https://www.youtube.com/channel/UCO4wwwPKmuvCFh5NvVuwvnQ
- Website - https://www.trustyoungco.com/
Grab a notebook and pen, saddle up, and get ready to take furious notes during this episode. We’re continuing our series on increasing your monthly revenue, and this week Lauren Widrick is joining us to share how to craft an incredible high-ticket offer and raise the prices on your current offers. If that strikes fear in your heart, this is THE episode for you! As a business coach with well over 100 client success stories, Lauren troubleshoots some of the biggest root causes for the fear that holds us back from bringing in the revenue we crave in our business.
Lauren Widrick is a sales and life coach, host of the Grab Life By the Goals podcast, and a badass with a penchant for dick jokes. On her podcast and in her Squad Membership, she will guide you through building your revenue-generating sales skills, finding your “I’m the G.O.A.T.” swagger, creating time and money freedom, and having SO MUCH FUN along the way.
Connect with Lauren!
- Join the Squad
- Grab Life By the Goals Podcast
- YouTube
Do you have a question or topic you’d like me to cover on the show? Click here to send us your submission!
Resources mentioned:
- Who Not How by Dan Sullivan
Some key takeaways on pricing and packaging:
- When you delay raising your prices, you’re robbing your clients of the opportunity for transformation. Like Lauren says, a $500 client will never get the level of transformation that a $5,000 client or a $50,000 client will experience. The higher the price, the bigger the transformation.
- When it comes to doubling, tripling, or even quintupling (5X-ing) your prices, remember people pay for specialty and speed. Niche down on a specific problem or solution you want to offer and craft a high-ticket offer around this. Instead of a VIP Day on “How to Be Good at Sales,” craft a VIP Day on “How to Craft & Sell Your $100K offer.”
- It’s so important to put yourself in rooms of people who challenge you and elevate you. If all the business owners you know have a scarcity mindset around changing their prices, that rubs off on you. Find a squad that knows their value (and yours!) and encourages you to charge for all that value.
I’m Sarah Young - a CPA, Virtual CFO, and the Owner of Young + Co! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, and I started the Profit + Prosper podcast to help you do the same. Profit + Prosper is a business finance podcast created to help entrepreneurs build their wealth in a way that’s fun and empowering. This is NOT a boring numbers podcast - I will share tactical tips to increase your profit so you can truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- YouTube
- Website
Do you feel stressed every month about whether your revenue will cover your monthly expenses and your owner’s pay? I’m kicking off a series on the podcast about how to increase the revenue in your business without staying on the hamster wheel. First thing’s first: in this episode, I’m showing you how to calculate your monthly baseline revenue based on your income goals and monthly expenses so you know exactly how much you need to bring in every month.
Do you have a question or topic you’d like me to cover on the show? Click here to send us your submission!
Links mentioned:
- Racheal Cook, The CEO Collective
- Download the Profit + Prosper Revenue Calculator
To calculate your monthly baseline revenue:
- Go grab my free Revenue Goal Calculator to help you calculate your goal!
- Start off by calculating how much money you need to take home from your business each month to take care of your bills and life expenses. This doesn’t need to be your dream salary for now, just how much you need to not take on personal debt to pay your bills each month. Add on a 25-30% buffer for taxes.
- Then, calculate your monthly expenses. This includes your employees’ salaries and payroll taxes, office space, software subscriptions, insurance, etc. As you're gathering these numbers, it’s a great time to evaluate all your expenses and see what unnecessary expenses can be cut.
- Your owner’s pay plus your monthly recurring expenses equals your monthly baseline pay. That total is how much money you need to bring in for revenue every month to cover your expenses and not stress about money in your business. Anything extra is icing on the cake that can go towards savings, investments, etc.
I’m Sarah Young - a CPA, Virtual CFO, and the Owner of Young + Co! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, and I started the Profit + Prosper podcast to help you do the same. Profit + Prosper is a business finance podcast created to help entrepreneurs build their wealth in a way that’s fun and empowering. This is NOT a boring numbers podcast - I will share tactical tips to increase your profit so you can truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Instagram - https://www.instagram.com/youngcocfo/
- Facebook - https://www.facebook.com/youngcocfo
- YouTube - https://www.youtube.com/channel/UCO4wwwPKmuvCFh5NvVuwvnQ
- Website - https://www.trustyoungco.com/
Spring cleaning and this transitional season as a whole has a lot of people wondering: what’s the next big move I should make in my business? You might be looking at your sales goals from Q1 and wondering how to increase revenue this quarter, or you might be over capacity and wondering how you’re going to manage your business with summer travel coming up. In this episode, I’m sharing the four major areas where you may need to invest more time or money - sales, systems, support, and self - and how to know which move to make first.
Do you have a question or topic you’d like me to cover on the show? Click here to send us your submission!
Some key takeaways on the next investment you should make in your business:
- First, identify where there are roadblocks in your business preventing you from pocketing more profit. Pay attention to the BIG roadblocks, and ignore the tiny ones for now. We want the biggest ROI we can possibly get from our investments.
- Bringing in new leads to your business and converting those leads into customers are two totally different activities. A lot of us jump to invest into ads and marketing to attract new leads when we should actually invest into increasing our lead to customer conversion rate. If your conversion rate is between 50-75%, then you can invest into bringing in more leads.
- Your business is only going to be as successful as you allow it to be. If there is a skill or mindset block you need to master to get to the next level in your business, your next investment might be in a coach or course to walk you through that.
I’m Sarah Young - a CPA, Virtual CFO, and the Owner of Young + Co! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, and I started the Profit + Prosper podcast to help you do the same. Profit + Prosper is a business finance podcast created to help entrepreneurs build their wealth in a way that’s fun and empowering. This is NOT a boring numbers podcast - I will share tactical tips to increase your profit so you can truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Instagram - https://www.instagram.com/youngcocfo/
- Facebook - https://www.facebook.com/youngcocfo
- YouTube - https://www.youtube.com/channel/UCO4wwwPKmuvCFh5NvVuwvnQ
- Website - https://www.trustyoungco.com/
There’s a phrase I hear time and time again when chatting with prospective clients: “I’m bad at numbers,” or “I’m terrible with finances.” Maybe you’ve said this to yourself or about yourself. In this episode, I’m sharing why this statement simply isn’t true, and tangible steps you can take to start disproving this belief about yourself in order to take control of your finances and live in abundance.
Do you have a question or topic you’d like me to cover on the show? Click here to send us your submission!
Links mentioned:
- Atomic Habits by James Clear
- Episode 4: 6 Money Habits to Implement for More Cash Flow & Wealth
- Episode 6: How to Make Money Management Easy + My Spin on the Profit First Method
Here are some things to try if you think you’re not good at numbers:
- In Atomic Habits, James Clear talks about taking on the habits of someone with a specific identity. What are the thoughts and habits of someone who is “good with money?” Try shifting your thoughts and habits to these.
- Go back and listen to episode 4 of the podcast and work on some of these financial habits. By implementing these straightforward habits over the next 30 days, you’ll build your confidence in your ability to manage money with intention and ease.
- Once you have these habits down, build your wealth. Make investments with the cash flow in your business. Before you know it, you’ll catch yourself saying how good you are at numbers and finances (and you’ll be right!).
I’m Sarah Young - a CPA, Virtual CFO, and the Owner of Young + Co! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, and I started the Profit + Prosper podcast to help you do the same. Profit + Prosper is a business finance podcast created to help entrepreneurs build their wealth in a way that’s fun and empowering. This is NOT a boring numbers podcast - I will share tactical tips to increase your profit so you can truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Instagram - https://www.instagram.com/youngcocfo/
- Facebook - https://www.facebook.com/youngcocfo
- YouTube - https://www.youtube.com/channel/UCO4wwwPKmuvCFh5NvVuwvnQ
- Website - https://www.trustyoungco.com/
Tax time can make business owners feel stressed, uncertain, and overwhelmed. If you’re feeling this way, you are definitely not alone! Taxes are very complicated, but I promise if you do something wrong you will not get arrested (unless you willingly commit fraud, but I don’t think you are!). In this episode, I’m sharing how you can make tax season easier for yourself next year by developing good habits and things to look out for throughout the year.
Do you have a question or topic you’d like me to cover on the show? Click here to send us your submission!
Some key takeaways on how to make tax season easy next year are:
- If you have a profit, you will be taxed on that income. Over the next year, plan on paying taxes. Don’t sabotage yourself by spending all your profit on more “expenses” so you’re reporting a lower income.
- Every single month, transfer a percentage of your profits to a separate bank account for taxes. This can be a personal or business bank account. Then, every quarter, pay your estimated state and federal taxes from this account. This way you won’t owe a massive amount of money or penalties come April.
- There are some ways you can save money on your taxes. Utilize the home office deduction, mileage deduction, cell phone use, or contributions to a Traditional or Roth IRA account. All these deductions require proper record keeping, so make sure your books and tracking systems are organized!
I’m Sarah Young - a CPA, Virtual CFO, and the Owner of Young + Co! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, and I started the Profit + Prosper podcast to help you do the same. Profit + Prosper is a business finance podcast created to help entrepreneurs build their wealth in a way that’s fun and empowering. This is NOT a boring numbers podcast - I will share tactical tips to increase your profit so you can truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Instagram - https://www.instagram.com/youngcocfo/
- Facebook - https://www.facebook.com/youngcocfo
- YouTube - https://www.youtube.com/channel/UCO4wwwPKmuvCFh5NvVuwvnQ
- Website - https://www.trustyoungco.com/
Do you feel like business has to be hard for your company to be successful? Are you holding out for this huge business purchase to make your company legit? Mary Jayne Wilson, the Founder of Thoughtful Baking Co., thought 60-hour work weeks and owning busy storefronts were the key to a successful food service business. Today, she has a super profitable business selling at farmers’ markets two days per week, allowing her to spend lots of time with her three daughters, maintain a team of employees, and pay herself. In this episode, we dive into how she was able to simplify her business, ditch the hustle for herself and her team, and find both peace and profit in her business.
Connect with Mary Jayne & Thoughtful Baking Co.:
- Thoughtful Baking Co. Instagram
- Thoughtful Baking Co. Website
Are you ready to finally understand your business’ finances so you can be wealthy and be well? My Profit + Prosper program empowers entrepreneurs with the knowledge and tools to streamline their financial systems, optimize their cash flow, and bulletproof their business. Visit https://www.profitandprosper.co/joinnow to learn more and sign up to be the first to know when doors open! Next cohort starts April 11th, 2022!
Do you have a question or topic you’d like me to cover on the show? Click here to send us your submission!
Some key takeaways on how Mary Jayne grew her business with ease:
- What are things you think you need in your business to be successful? Mary Jayne thought she needed a storefront now that her baking business has taken off, but she has built a profitable business with two sales days per week, spends lots of time with her daughters, and doesn’t feel immersed in hustle. Let go of the need for things to constantly be bigger and flashier to be successful.
- When you have a team, as long as you’re clear with what you need and you trust them, they will be successful. Delegate what you can, trust them to do the work well (even if it’s not as “perfect” as you do it), and you’ll have a lot more ease in your workflow.
- It’s so important to take care of yourself as a mom and a business owner. Mom guilt can creep in, but self care makes you a better mom and CEO. A 20-minute workout is better than zero, and going for a walk even though you have a long to-do list is going to serve your body, mind, and business well.
I’m Sarah Young - a CPA, Virtual CFO, and the Owner of Young + Co! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, and I started the Profit + Prosper podcast to help you do the same. Profit + Prosper is a business finance podcast created to help entrepreneurs build their wealth in a way that’s fun and empowering. This is NOT a boring numbers podcast - I will share tactical tips to increase your profit so you can truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Instagram - https://www.instagram.com/youngcocfo/
- Facebook - https://www.facebook.com/youngcocfo
- YouTube - https://www.youtube.com/channel/UCO4wwwPKmuvCFh5NvVuwvnQ
Website - https://www.trustyoungco.com/
Have you ever wondered how other business owners are managing their business finances and making money moves? In today’s episode, I’m talking to Kenzie Harkey, the CEO of Simply Dare, on her business finance journey, hiring her first W-2 employee, and how smart investments have helped her level up her business. Kenzie did my Profit + Prosper program last fall, so if you’re feeling inspired to make a smart investment in your business, enroll now before we kick off on April 11th, 2022!
Simply Dare is a lifestyle and organizing company based in Charlotte, NC. They help individuals and families simplify and style their homes in addition to offering relocation services in which the Simply Dare team will pack, unpack, and set up systems for new home or post-renovation move-in’s.
Connect with Kenzie & Simply Dare!
- Website
Are you ready to finally understand your business’ finances so you can be wealthy and be well? My Profit + Prosper program empowers entrepreneurs with the knowledge and tools to streamline their financial systems, optimize their cash flow, and bulletproof their business. Visit https://www.profitandprosper.co/joinnow to learn more and sign up to be the first to know when doors open! Next cohort starts April 11th, 2022!
Do you have a question or topic you’d like me to cover on the show? Click here to send us your submission!
Resources mentioned:
- Listen to Episode 6: My Spin on the Profit First Method
Some key takeaways from Kenzie’s experience:
- While W-2 employees are more expensive to hire than contractors, there is a cost benefit to having another higher level person on your team to increase your capacity and therefore your revenue and profit.
- Implementing some form of the Profit First method is super effective for having a strong grasp on your business finances. Being able to see where every single dollar is going is crucial for making investment decisions in your business.
- Make investments in your business. Invest in courses, people, and books that you can learn from to get to the next level in your business. If there are things that aren’t sustainable or possible to DIY, it’s totally worth it to outsource those things to a professional.
I’m Sarah Young - a CPA, Virtual CFO, and the Owner of Young + Co! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, and I started the Profit + Prosper podcast to help you do the same. Profit + Prosper is a business finance podcast created to help entrepreneurs build their wealth in a way that’s fun and empowering. This is NOT a boring numbers podcast - I will share tactical tips to increase your profit so you can truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- YouTube
- Website
Is it okay to not be profitable in your business in the first couple years? I got this question a lot during my 5-day challenge last week. In this episode, I’m answering that question and sharing four big reasons why your business is not profitable, and how you can combat them with actionable advice. If you’re struggling to make a profit in your business and you feel overwhelmed and unsure why, this is the episode for you!
Are you ready to finally understand your business’ finances so you can be wealthy and be well? My Profit + Prosper program empowers entrepreneurs with the knowledge and tools to streamline their financial systems, optimize their cash flow, and bulletproof their business. Visit https://www.profitandprosper.co/joinnow to learn more and sign up to be the first to know when doors open! Next cohort starts April 11th, 2022!
Do you have a question or topic you’d like me to cover on the show? Click here to send us your submission!
Some key takeaways on what might be keeping you from profitability:
- One of the very first things to address is your money mindset. Talking and thinking about money can bring up a lot of emotions like fear of success, self-doubt, and scarcity.
- Your prices might be too low. Pricing depends on so many variables, but to put things into perspective, calculate how many clients you need to hit $10K in revenue in a given month or quarter. If the number you get feels overwhelming, it’s time to raise those prices!
- Spending all your money in the name of growth. Focus on setting up strong financial habits in your business so you know exactly how much money you have available to invest back into your business after you pay expenses including your salary.
I’m Sarah Young - a CPA, Virtual CFO, and the Owner of Young + Co! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, and I started the Profit + Prosper podcast to help you do the same. Profit + Prosper is a business finance podcast created to help entrepreneurs build their wealth in a way that’s fun and empowering. This is NOT a boring numbers podcast - I will share tactical tips to increase your profit so you can truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Instagram - https://www.instagram.com/youngcocfo/
- Facebook - https://www.facebook.com/youngcocfo
- YouTube - https://www.youtube.com/channel/UCO4wwwPKmuvCFh5NvVuwvnQ
- Website - https://www.trustyoungco.com/
Recessions, pandemics, growing too fast, slow revenue months… There's a lot that can take out a business if you’re not prepared. No need to fret, though! In this episode, I’m sharing five actionable steps to bulletproof your business so you can not only survive, but thrive no matter what season you’re in in your business.
Are you ready to finally understand your business’ finances so you can be wealthy and be well? My Profit + Prosper program empowers entrepreneurs with the knowledge and tools to streamline their financial systems, optimize their cash flow, and bulletproof their business. Visit https://www.trustyoungco.com/programs to learn more and sign up to be the first to know when doors open! Next cohort starts April 8th, 2022!
Do you have a question or topic you’d like me to cover on the show? Click here to send us your submission!
Some key takeaways on bulletproofing your business:
- The first thing you need to bulletproof your business is to become cash flow positive. You should be bringing in more money than you’re spending every month, and you should also be bringing in enough to pay yourself a market rate salary.
- Make sure you set aside money for taxes. This might seem like a no-brainer, but if you were cash flow positive in a given year, you will receive a tax bill the following year. You could get stuck with a major expense if you didn’t pay estimated taxes, or if you didn’t set aside enough money to pay come tax time.
- Pay off all your business debt and personal debt. This will keep you from intentionally operating out of scarcity, but it also ensures that you aren’t funneling a ton of revenue into high-interest payments when you could use that money to invest in something else.
I’m Sarah Young - a CPA, Virtual CFO, and the Owner of Young + Co! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, and I started the Profit + Prosper podcast to help you do the same. Profit + Prosper is a business finance podcast created to help entrepreneurs build their wealth in a way that’s fun and empowering. This is NOT a boring numbers podcast - I will share tactical tips to increase your profit so you can truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Instagram - https://www.instagram.com/youngcocfo/
- Facebook - https://www.facebook.com/youngcocfo
- YouTube - https://www.youtube.com/channel/UCO4wwwPKmuvCFh5NvVuwvnQ
- Website - https://www.trustyoungco.com/
Last week, I taught you how to set up a money management system for your business so you can always be aware of how much money you have in each essential bucket of your business. When you can see how much money you actually have, you’ll be acutely aware of when you’re having a tight cash month vs. an abundant cash month. In this episode, I’m showing you the exact steps to take when money is tight versus what to do when the dough is rolling in. No matter what your current cash flow situation is, this episode is for you!
Join my FREE 5-Day Profit Boost Challenge! Starting March 14th, you’ll get daily training videos from me to help you find more money in your business, optimize cash flow, and get confident in your finances! Sign up at https://www.profitandprosper.co/challenge!
Do you have a question or topic you’d like me to cover on the show? Click here to send us your submission!
Links mentioned:
- Click here to sign up for the Profit + Prosper Millionaire Monday Email Newsletter!
- Listen to Episode 6: How to Make Money Management Easy
Some key takeaways on keeping steady during the ups and downs of cash flow:
- In months where cash flow is really tight, evaluate why that might be the case. Was revenue down this month? Were there unexpected business expenses? Are you pulling personal expenses from your business account? Understanding what’s causing low cash flow helps you create a plan to prevent it in the future.
- On the flip side, when you have a super abundant month of high sales, also evaluate how that happened. Was it a new marketing strategy? A program launch? Did a new client pay in full? Evaluate which pieces can be repeated next month versus what might be a one time or bi-annual occurrence.
- Abundant months are the perfect time to make sure you have a cash cushion saved for tighter months (at least 2-3 months of expenses), and to set aside savings for your next investment. Don’t forget to set aside money for taxes - abundant months mean profit to report, which means taxes will be due on that profit!
I’m Sarah Young - a CPA, Virtual CFO, and the Owner of Young + Co! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, and I started the Profit + Prosper podcast to help you do the same. Profit + Prosper is a business finance podcast created to help entrepreneurs build their wealth in a way that’s fun and empowering. This is NOT a boring numbers podcast - I will share tactical tips to increase your profit so you can truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Instagram - https://www.instagram.com/youngcocfo/
- Facebook - https://www.facebook.com/youngcocfo
- YouTube - https://www.youtube.com/channel/UCO4wwwPKmuvCFh5NvVuwvnQ
- Website - https://www.trustyoungco.com/
Does the idea of having a firm grasp on what’s happening with every single dollar in your business seem impossible? It’s not! As a matter of fact, in this episode I am sharing one of my favorite systems for finally getting a clear picture of your finances and practically automating your business budget. You might have heard of the Profit First method. This system is my personal, simplified twist on this framework that you can use to move your business forward.
Join my FREE 5-Day Profit Boost Challenge! Starting March 14th, you’ll get daily training videos from me to help you find more money in your business, optimize cash flow, and get confident in your finances! Sign up at https://www.profitandprosper.co/challenge!
Do you have a question or topic you’d like me to cover on the show? Click here to send us your submission!
Links mentioned:
- Click here to sign up for the Profit + Prosper Millionaire Monday Email Newsletter!
- Profit First by Mike Michalowicz
- Listen to Episode 5: How to Pay Yourself as a Business Owner
Some key takeaways on making money management more manageable:
- Open up multiple bank accounts to assign every dollar that comes into your business a “job” without having to think about it. These accounts should be: income, overhead expenses, savings, and a personal account for taxes.
- Know two numbers: your average monthly expenses and your average monthly revenue. These numbers will inform what you allocate into your different business accounts.
- This system is going to allow you to clearly see any gaps in revenue vs. expenses. It might make it seem like money is tight at first, but the reality is that it was tight before, you can just see it more clearly now and take steps to remedy it.
I’m Sarah Young - a CPA, Virtual CFO, and the Owner of Young + Co! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, and I started the Profit + Prosper podcast to help you do the same. Profit + Prosper is a business finance podcast created to help entrepreneurs build their wealth in a way that’s fun and empowering. This is NOT a boring numbers podcast - I will share tactical tips to increase your profit so you can truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Instagram - https://www.instagram.com/youngcocfo/
- Facebook - https://www.facebook.com/youngcocfo
- YouTube - https://www.youtube.com/channel/UCO4wwwPKmuvCFh5NvVuwvnQ
- Website - https://www.trustyoungco.com/
I get these questions all the time as a CFO: Should I pay myself? How much should I pay myself? What if I’m not sure if I make enough money in my business to pay myself? These are all valid questions, but first and foremost - YES! You should absolutely pay yourself! In this episode, I’m sharing how to figure out how much to pay yourself, what to do if you don’t make enough to pay yourself a comfortable salary, and what to do with extra cash you have in your account so you can feel comfortable paying yourself a distribution.
Join my FREE 5-Day Profit Boost Challenge! Starting March 14th, you’ll get daily training videos from me to help you find more money in your business, optimize cash flow, and get confident in your finances! Sign up at https://www.profitandprosper.co/challenge!
Do you have a question or topic you’d like me to cover on the show? Click here to send us your submission!
Links mentioned:
- Listen to Episode 4: 6 Money Habits to Implement for More Cash Flow and Wealth
Some key takeaways on paying yourself more consistently:
- At the minimum, you should pay yourself a consistent monthly salary. If your business can’t consistently pay you a market value salary for the services you offer, it’s not a sustainable business. I cover how to make your business more sustainable in this episode! Then, as the owner of your business, you can take profit distributions (kind of like a bonus!) from the profits of your business.
- If your cash flow can’t support paying you consistently, you need to work towards positive cash flow by either increasing your sales or decreasing your expenses. Increasing sales might mean going out and getting more customers, or simply raising your prices so you make more money for the same amount of work and sales activities you’re currently doing.
- If you have cash in your business bank account, but you’re not sure if you can pay it out to yourself, evaluate your numbers and categorize all the remaining dollars in your bank account into these buckets: necessary ongoing expenses for one month, debt repayments, money for taxes, a cash cushion to cover expenses in case of low cash months. Whatever’s leftover is yours to spend however you’d like!
I’m Sarah Young - a CPA, Virtual CFO, and the Owner of Young + Co! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, and I started the Profit + Prosper podcast to help you do the same. Profit + Prosper is a business finance podcast created to help entrepreneurs build their wealth in a way that’s fun and empowering. This is NOT a boring numbers podcast - I will share tactical tips to increase your profit so you can truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Instagram - https://www.instagram.com/youngcocfo/
- Facebook - https://www.facebook.com/youngcocfo
- YouTube - https://www.youtube.com/channel/UCO4wwwPKmuvCFh5NvVuwvnQ
- Website - https://www.trustyoungco.com/
So you’re committed to getting your business finances in order in 2022 - we love to see it! It can still be hard to figure out where to start with your finances, so in today’s episode I’m sharing my six money habits to get your finances in order, increase cash flow, and generate wealth. Whether you feel like you need a total overhaul, or just want to be more intentional day-to-day in your finances, this episode is jam packed with actionable steps for you to take.
Do you have a question or topic you’d like me to cover on the show? Click here to send us your submission!
Join my FREE 5-Day Profit Boost Challenge! Starting March 14th, you’ll get daily training videos from me to help you find more money in your business, optimize cash flow, and get confident in your finances! Sign up at https://www.profitandprosper.co/challenge!
Links mentioned:
- Still not sure what your vision is for your life and business? Listen to Episode 2 of Profit + Prosper!
Some key takeaways on managing your money:
- Focus on hitting intentional goals instead of vanity metrics. Think about how much you need to pay yourself, how much you would need to hire a team to reduce your workload, how much you need to cover your expenses, etc. Set your revenue targets based on these, not the elusive 6- or 7-figure mark.
- You need to spend less money than you’re bringing in. Which of your expenses aren’t driving more revenue? Cut those first, then focus on maximizing the assets and expenses you’re keeping to generate as much profit from them as possible.
- Intentionally allocate money to build your net worth. Some examples include investing money back into your business, opening a retirement account such as a traditional IRA or Roth IRA, investing in a brokerage account or buying a rental property.
I’m Sarah Young - a CPA, Virtual CFO, and the Owner of Young + Co! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, and I started the Profit + Prosper podcast to help you do the same. Profit + Prosper is a business finance podcast created to help entrepreneurs build their wealth in a way that’s fun and empowering. This is NOT a boring numbers podcast - I will share tactical tips to increase your profit so you can truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Instagram - https://www.instagram.com/youngcocfo/
- Facebook - https://www.facebook.com/youngcocfo
- YouTube - https://www.youtube.com/channel/UCO4wwwPKmuvCFh5NvVuwvnQ
- Website - https://www.trustyoungco.com/
As the CEO of your business, you are probably so immersed in the day-to-day operations, client delivery, and sales that you don’t have time to pay close attention to your finances. This time of year, we have all our business goals set, but we often don’t take the time to create a Profit Strategy for our businesses.
As a virtual CFO, I work with my clients to create a tangible Profit Strategy so they can hit the profit goals that will support the business - and life - of their dreams. In this episode, I’m sharing the exact method I use with my clients so you can build your own Profit Strategy for 2022.
Do you have a question or topic you’d like me to cover on the show? Click here to send us your submission!
Some key takeaways on building a strong profit strategy for your business in 2022 are:
- A Profit Strategy is your plan to make money and build wealth in your business. It defines where your money is going to come from, how to maximize the cash flow in your business, and how you’ll invest your time or resources into exponentially increasing the time and money you’ll get back in your business and life.
- A CFO is going to be constantly evaluating what’s working in a business, what’s not working, best and worst case scenarios, where cash flow will come from, where cash gets spent, what kind of investment returns they’re going to get, and more. Start thinking about these things in your own business (with the help of this episode!).
- To build a strong profit strategy, you need to: get clear on your vision, know your numbers, evaluate what’s happening in your business, optimize cash flow, stabilize your business, then grow your business and build wealth. This episode covers all the steps!
Download our free Year-End Financial Review Workbook to help you get clear on your financials and identify your 2022 money moves! Get the workbook here.
I’m Sarah Young - a CPA, Virtual CFO, and the Owner of Young + Co! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, and I started the Profit + Prosper podcast to help you do the same. Profit + Prosper is a business finance podcast created to help entrepreneurs build their wealth in a way that’s fun and empowering. This is NOT a boring numbers podcast - I will share tactical tips to increase your profit so you can truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Instagram - https://www.instagram.com/youngcocfo/
- Facebook - https://www.facebook.com/youngcocfo
- YouTube - https://www.youtube.com/channel/UCO4wwwPKmuvCFh5NvVuwvnQ
- Website - https://www.trustyoungco.com/
Owning your financial journey can bring up a lot of feelings, including any negative associations you may have with “getting rich” or with “rich people” in general. With so much media attention on billionaires flying to space, it can be difficult to reconcile wanting a vision for yourself that includes financial freedom (and maybe even some seriously luxurious items or experiences for yourself!) and also wanting to do good in the world.
In this episode, I’m taking you through a deep reflection exercise to craft your vision and define what success looks like for you. This is the very first step toward taking ownership of your financial journey and creating profit goals that will support your vision. Along the way, we’ll unpack how (spoiler alert!) you CAN be rich and do good, and how your vision can include how your wealth will help others.
Do you have a question or topic you’d like me to cover on the show? Click here to send us your submission!
Some reflection questions to ask yourself when you’re building your vision are:
- What does a “rich” life look like to you? Really take this opportunity to challenge any negative associations you have with the word “rich” and think about what your dream day would look like.
- What are some things that seem really extravagant or luxurious to you right now that you would like to incorporate into your future? What is something that if you had it, you would feel like you “made it?”
- What legacy do you want to leave? You’ve crafted how you’ll enjoy your life when you have the means to do so, so you can use this question to get clear on how you would like to use your wealth to help others.
What’s the next big financial move in your business? Take our free quiz to get three actionable steps in your wealth building journey!
I’m Sarah Young - a CPA, Virtual CFO, and the Owner of Young + Co! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, and I started the Profit + Prosper podcast to help you do the same. Profit + Prosper is a business finance podcast created to help entrepreneurs build their wealth in a way that’s fun and empowering. This is NOT a boring numbers podcast - I will share tactical tips to increase your profit so you can truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- Instagram - https://www.instagram.com/youngcocfo/
- Facebook - https://www.facebook.com/youngcocfo
- YouTube - https://www.youtube.com/channel/UCO4wwwPKmuvCFh5NvVuwvnQ
- Website - https://www.trustyoungco.com/
Last fall, I shared an epiphany I had on Instagram and it kinda blew up! I had just scaled to $20K+ months and had way more time freedom than I did at $10K months because I was able to afford a team to support me. So many business owners have a goal to hit $8K to $10K months to hit the elusive six-figure mark, but it can actually be way more challenging to run your business at that level than at the $20K+ mark.
In this episode, I’m sharing how my exact 2021 Profit Strategy and how it helped me transition from a burned out service provider to a blissed out CEO with a full team. If you’re feeling more stuck in your business despite hitting those glamorized revenue targets, this episode is for you!
Do you have a question or topic you’d like me to cover on the show? Click here to send us your submission!
Resources mentioned:
- Check out my IG post about running your business at $20K months
- Profit First: Transform Your Business from a Cash-Eating Monster to a Money-Making Machine by Michael Michalowicz
Some key takeaways on how my Profit Strategy helped me scale for more financial and time freedom:
- When I hit the $20K+ per month level, I was able to hire a team, including someone to manage my other team members and client relationships, which freed up way more time and energy for me to work on my business.
- When I was ready to scale my business, I first took three months to stabilize my business by revamping my offers, raising my pricing on certain offers, and making the decision to discontinue certain offers. Stabilizing before you scale is so important, otherwise things can fall apart when you do start seeing that revenue increase.
- When it comes to the sales and marketing activities needed to bring in clients or customers to help you scale, evaluate your current marketing and sales spending and figure out which things are worth continuing to invest in. What brings in the most leads? What are your conversion rates from sales calls to closed leads? Identify where you can improve your numbers.
Download our free Year-End Financial Review Workbook to help you get clear on your financials and identify your 2022 money moves! Get the workbook here.
I’m Sarah Young - a CPA, Virtual CFO, and the Owner of Young + Co! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, and I started the Profit + Prosper podcast to help you do the same. Profit + Prosper is a business finance podcast created to help entrepreneurs build their wealth in a way that’s fun and empowering. This is NOT a boring numbers podcast - I will share tactical tips to increase your profit so you can truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
- YouTube
- Website
I’m Sarah Young - a CPA, Virtual CFO, and the Owner of Young + Co! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, and I started the Profit + Prosper podcast to help you do the same. Profit + Prosper is a business finance podcast created to help entrepreneurs build their wealth in a way that’s fun and empowering. This is NOT a boring numbers podcast - I will share tactical tips to increase your profit so you can truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Do you have a question or topic you’d like me to cover on the show? Click here to send us your submission!
What’s the next big financial move in your business? Take our free quiz to get three actionable steps in your wealth building journey!
Download our free Year-End Financial Review Workbook to help you get clear on your financials and identify your 2022 money moves! Get the workbook here.
Connect with Sarah:
- Instagram - https://www.instagram.com/youngcocfo/
- Facebook - https://www.facebook.com/youngcocfo
- YouTube - https://www.youtube.com/channel/UCO4wwwPKmuvCFh5NvVuwvnQ
- Website - https://www.trustyoungco.com/