Laura announces big changes for the podcast, including a temporary hiatus until February 2025. She opens up about her personal journey with chronic health issues and how it has tremendously impacted her business and life. She also announces plans of opening new coaching slots for six-figure business owners needing assistance with business growth (email Laura at hello@getprofitableHQ.com for more info). Be sure to stay connected through the Get Profitable HQ email list for updates and exclusive content during the podcast break!

Key Topics:

• (01:45) Taking a break; future plans for the podcast and membership
• (03:30) New coaching opportunities; get help with summits, email list-building, products, and more
• (09:00) The reason for the break; Laura’s health journey
• (14:30) Emergency surgery; the recovery process; reshuffling life and priorities
• (19:20) The current status of Get Organized HQ; launching a new course
• (20:00) Trying to combine life and business as an entrepreneur

YouTube Video: I Had Emergency Surgery & Health Update

Connect with Laura:

Getprofitablehq.com

Getprofitablehq.com/the-profit-posse

Laura dives into a listener's question about how to pay yourself as a business owner, as well as increasing that amount as the business grows. She discusses why she reinvested 100% of her profits in the early years to then eventually paying herself a salary and taking owner's draws. She also shares her own experiences and gives advice on separating business and personal finances, maintaining a conservative approach to reinvestment, and the gradual increase of her salary over the years. Tune in for an unfiltered, behind-the-scenes look at the financial decisions she’s made throughout her entrepreneurial journey! Plus, Laura touches on the book 'Profit First' and why she doesn't follow its advice to a tee.

Key Topics:

• (02:00) Initial startup cost; reinvesting 100% of profits
• (04:40) The first business investments made
• (08:20) Transitioning to an S Corp and making salary decisions
• (13:35) Laura’s decision to pay off her home mortgage
• (16:10) Laura’s salary as a CEO; putting financial strategies in place
• (18:10) Following the Profit First model for financial management
• (26:40) The importance of paying yourself for your hard work

Listen to Episode 08: Top 5 Financial Mistakes Entrepreneurs Make

Listen to Episode 09: Business Finances 101: Money Topics Every Entrepreneur Should Understand

Connect with Laura:

Getprofitablehq.com

Getprofitablehq.com/the-profit-posse

Ready to turn those freebie seekers into loyal buyers? Laura gives strategies for getting those non-buyers excited about what you have to offer! She talks about how to nail your launches and create a sense of urgency, really get to know your audience and understand what they want, and play around with your pricing to get those sales numbers climbing. There’s no doubt that getting freebie seekers to actually buy can be a daunting task. But, with the right strategies and mindset, it is entirely possible to turn them into not just followers, but happy, paying customers!

Key Topics:

• (02:25) Analyzing your email list
• (05:05) The value of non-buyers
• (08:05) Strategies for persuading people to buy
• (12:55) Effective advertising techniques
• (16:50) Creating urgency and motivation
• (19:10) Tips for successful launches

Connect with Laura:

Getprofitablehq.com

Getprofitablehq.com/the-profit-posse