Amy Bett took the leap from corporate life to starting her own business. The rationale for starting up was a combination of personal factors. She talks openly about how the rich experience of a stressful first startup changed the way she approached later startups, and also underpinned her drive to coach other business owners so they avoid the same mistakes.

Show Notes

@amybett is a businessowner and entrepreneur. 

In this episode we discuss the importance of understanding financial health in business and managing cash flow effectively.

Amy shares her personal journey as a founder and owner;

  • how  (and the very personal why) she transitioned from working for a corporate events business to starting her own venture
  • the up's and down's that led to a focus on cashflow 

Amy introduces the concept of @ProfitFirst - a cash flow method that involves breaking down finances into different categories to gain clarity on expenses, profits, taxes, and more. We cover;

  • how business owners can make informed decisions about their finances and allocate funds more strategically
  • why understanding financial reports is crucial to gain insights into the health of a business
  • some of the 'mechanics' of the Profit First approach
  • the importance of seeking advice and guidance from advisors, coaches, and mentors
  • her new #startup @melo a non-alcoholic drink made from kava extract

@kerrcapital @michaelkerr 


Comments & Upvotes

Listen On