Brilliant Breakthroughs Business Podcast

BB226: Passion Impacts Profitability featuring Julie Craig

March 02, 2022 Hosted by Maggie Mongan: Featuring our #1 Bestselling Business Authors Episode 226
Brilliant Breakthroughs Business Podcast
BB226: Passion Impacts Profitability featuring Julie Craig
Show Notes

Passion Impacts Profitability
featuring Julie Craig


Let’s explore profitability from a different lens by taking a deeper dive into The 5 Essential Keys to ProfitabilityTM that can change your business. Passion definitely impacts your profitability. 

As a licensed CPA, I love numbers. Curious what I know from practicing 30 plus years in public accounting? Exclusively focusing on the numbers will not guarantee you arrive at the profitability you seek for your business. This is Julie's second episode in her mini-series.

NOTE: Julie Craig is sharing her opinion. This is episode is not financial advisement. If you have questions regarding your financials, please consult your CPA.

#1 International Bestselling Business Author, Julie Craig, CPA Answers:

  • What is your main goal for writing your chapter The 5 Essential Keys to Profitability?
  • In your chapter, you discuss how a small business, that is meeting its profitability goals, has passion as the first Essential key. Why is this so important? 
  • In all your years in public accounting experience, have you ever seen passion play out negatively for a business owner?
  • Can you share more with our listeners about the Hobby Loss Rules?
  •  What are some of the other guidelines the IRS uses? 
  • What advice do you have for someone interested in starting a small business around passion?
  • Anything else you’d like to share as we wrap this up?

WANT TO LEARN MORE?

WANT TO LEARN MORE?
Julie's Special Invitation For You:
Join our Facebook Profitability Challenge where we will discuss more in-depth the ways you can improve the profitability of your company over a 5-day training that will be one hour a day followed by a half hour Q&A session.
Here's the link to register:  https://GJMprofitabilitychallenge.com

Link to all the "Brilliant Breakthroughs for the Small Business Owner" Books in the Series (Volumes 1- 5): https://amzn.to/3FrmS3r 
*Julie wrote chapter 2 in  Vol 5.


Listen to Julie's Previous Episodes:
BB209

***You can find all our podcasts episodes on our Mobile App: BrilliantBizBook

#BrilliantBizBook #SmallBusiness #GJM #CPA #Passion