Profit First Chat: You're Business Makes Money but You Still Feel Broke (How to Fix It) | Solocast E1

Profit First for Real Estate Investors with David Richter

Profit First for Real Estate Investors with David Richter
Profit First Chat: You're Business Makes Money but You Still Feel Broke (How to Fix It) | Solocast E1
Jan 02, 2026
David Richter

Book your FREE financial discovery call at ProfitREI.com

If your business is profitable on paper but your bank account tells a completely different story, this episode is for you. I hear this all the time—business owners doing great revenue, being told by their CPA that they’re profitable, yet still feeling broke, stressed, and unsure where the money is actually going.

In this episode, I break down why this disconnect happens and why it’s almost never a revenue problem—it’s a system problem. I share real conversations with business owners, lessons from my own entrepreneurial journey, and how implementing a simple framework like Profit First can completely change how you experience money in your business—without spreadsheets, accounting jargon, or overwhelm.

Timeline Highlights:

[0:00] Why so many profitable businesses still feel broke and financially stressed
[1:04] The frustration of doing all the work but not getting to keep the money
[2:30] My personal experience running high-revenue businesses with no financial clarity
[3:17] How discovering Profit First changed the way I looked at money forever
[4:18] A real client story of digging out of the hole by fixing cash flow first
[6:07] Why entrepreneurs struggle with numbers—and why that doesn’t have to stop you
[7:08] The “Golden Trio” of bank accounts that helps you finally keep what you make

Key Takeaways:

  1.  Profit doesn’t matter if you never actually see it in your bank account.
  2.  Most entrepreneurs don’t have a money problem—they have a money system problem.
  3.  Revenue alone won’t create financial freedom without intentional allocation.
  4.  You don’t need to love spreadsheets to understand and control your numbers.
  5.  Separating money into purpose-driven bank accounts creates clarity and control.
  6.  Keeping profit, paying yourself, and planning for taxes must happen first, not last.


Links & Resources:

  • Schedule a free discovery call and get guidance on implementing Profit First: profitre.com


Closing

Thanks for spending time with me today. If this episode gave you clarity or a new perspective, make sure to follow the show, leave a review, and share it with another business owner who’s working hard but still feels broke. And if you’re ready to apply what we talked about with real guidance and accountability, head over to profitre.com and book a free discovery call to start building your path to financial clarity and freedom.