Bust and Beyond
Failure is a part of life and business, and I experienced the failure of a business in 2015 that my father had started in 1969. The effect it had on me emotionally was huge, yet the outside world knew nothing. I kept it to myself. I learnt so much from that failure, and it made me determined to support other business owners in the construction industry to avoid failure and flourish.
As I started to speak to business owners about failure, I learnt just how many had suffered from mental health issues and harmful thoughts. This drove me to start my podcast to educate and let people know how to avoid failure and know if they are going through failure, they are not alone, but more importantly, there is life and success after the failure of your business.
Bust and Beyond
E10 Lee Eustace
Lee is the Managing Director of Count on Us accountants and a Profit First Professional.
Profit First is a book written by Mike Michalowicz that presents a unique approach to financial management for businesses. The book advocates a system where businesses allocate their income towards various accounts, such as a profit account, tax account, and operating expenses account, to ensure that they are always profitable and financially stable.
Shawn Van Dyke's Profit First for Contractors builds on the principles of Profit First and provides specific guidance for contractors and construction businesses on how to implement the Profit First system in their business.
As a Profit First Professional, Lee is trained to help businesses implement the Profit First system and achieve financial stability. The Profit First system can be a valuable tool for any business owner looking to improve their financial management and ensure the long-term success of their business.