E14: How to Drop Operating Expenses 27% with Profit First artwork
Babies & Business Podcast

E14: How to Drop Operating Expenses 27% with Profit First

  • S1E14
  • 17:54
  • May 16th 2023

Avram and Rachel dive into the book/method of Profit First by Mike Michalowicz and share how they saved 27% in operating expenses over two and a half years. They get real about how it can be emotional to let go of expenses that you think your business needs and share how much better it is to be profitable!

Show notes: https://babiesandbiz.com/14

1:30 What Rachel discovered about our operating expenses when she came on full-time

2:30 This is our testimony of Profit First!

5:00 What amount is healthy for your business to spend on expenses

8:28 The massive cutting of extraneous expenses happens here

10:13 The number one area of our biz where we were able to cut expenses

12:15 Rachel suggests another slash that takes Avram a while to come around to

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Babies & Business Podcast

The Babies & Business podcast is a space for entrepreneurial parents to find their own way. Join real-life parents and business partners, Avram and Rachel Gonzales, as they talk about raising a family and building a business. 

Each week, Avram and Rachel share quick insights on topics like budgeting, efficiency, self-awareness, and human psychology—just to name a few. Special episodes will include interviews with other parents/business owners. Avram and Rachel designed Babies & Business to empower you, whether you need a little encouragement in a parenting rut or a business tip that will give you fresh energy for the week!