One of the most common issues that photographers have in their finances is the lack of consistent income. In today’s episode, Joy Michell, photographer turned business coach and founder of Photoboss joins us to share how Profit First shifted the way she does business. Listen in as she highlights how implementing Profit First allowed her to become the CEO of her business, while also giving purpose to the work she was doing.

If you’re ready to get paid well, make sure you grab my Salary Made Simple Freebie, where you’ll get access to my simplified salary formula + the secret to getting paid year-round and saving an emergency fund!

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Key Moments

• 1:03 - Joy’s Profit First Journey
• 8:41 - Transitioning to the Profit First Method With Your Spouse
• 10:43 - Separating Yourself From Your Business With the Profit First Method
• 14:43 - Joy’s Percentages
• 19:09 - Three Common Misconceptions Photographers Have About Money
• 24:36 - Joy’s Money Advice for Photographers

Mentioned in this Episode

• Profit First book

Connect with Joy

• Called to Both podcast
• Youtube: https://www.youtube.com/channel/UC-Ou6jRKxcjMrVMxWxLO_fQ

My guest today is Mara Kucirek, an online course specialist. After trying to switch to the Profit First method several times over the course of a few years, Mara finally committed to it and experienced a ton of benefits. If you’ve felt overwhelmed by the Profit Course method and don’t know how to make it work for you and your business, Mara’s story will inspire you to get started.

See full show notes at valmarlene.com/podcast.

This episode is brought to you by my Creative Income Cure Course.

Are you ready to say hello to growth and stability with your finances? The Creative Income Cure course is a Profit First backed online course + community for creatives so you can confidently manage your money, give yourself a raise and make the right financial decisions in your business.

Learn More >>

Key Moments

• 0:46 - Mara’s Profit First Journey
• 6:46 - Changing Your Profit First Percentages
• 11:17 - Making the Profit First Method Work For you
• 19:18 - The Benefits of the Profit First Business Model
• 29:12 - Mara’s Transparent Numbers
• 34:45 - How to Get Started With Profit First When You Feel Overwhelmed

Mentioned in this Episode
Profit First
Relay Bank

Connect with Mara
Create a Better Course Podcast
Mara’s website: https://marakucirek.com/
Mara’s income reports

What’s more intimidating than finances? The legalities or taxes, business structures, and the IRS. Thankfully, our guest today leaves us feeling at ease about the legalities of finances. Paige Griffith is an attorney who offers legal education to creative entrepreneurs through an online platform, The Legal Paige. She’s the go-to for legal advice that all entrepreneurs need, and she packages it in an approachable and understandable way.

In this episode, Paige talks about how to manage your business finances to stay legal. She also offers listeners a free legal class so they can learn about the contracts they need to have for their businesses.

EVERYTHING from The Legal Paige is 40% off May 20-23
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Please note: this code will ONLY be valid during the sale
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See full show notes at valmarlene.com/podcast.

This episode is brought to you by my Creative Income Cure Course.

Are you ready to say hello to growth and stability with your finances? The Creative Income Cure course is a Profit First backed online course + community for creatives so you can confidently manage your money, give yourself a raise and make the right financial decisions in your business.

Learn More >>

Key Moments

• 2:14 - Making a Profit First Business Work For You
• 13:30 - Managing Your Business Finances With an LLC
• 19:20 - Operating as an LLC
• 22:27 - Paige’s Financial Advice For Creative Entrepreneurs
• 23:47 - Red Flags For the IRS
• 25:41 - How to Know When You’re Ready to Become an S-Corp
• 32:46 - Paige’s Free Legal Class

Mentioned in this Episode:
Profit First Book

Connect with Paige
thelegalpaige.com
instagram.com/thelegalpaige
The Legal Paige Facebook Community

Connect with Val
valmarlene.com
valmarlene.com/podcast
Instagram: @val_marlene_creative