Info

The Flip Empire Show

On The Flip Empire Show, Alex Pardo brings you strategies, interviews, and insights for smart real estate investors to help grow and scale your real estate investing business. The Flip Empire Show was created for YOU, the smart real estate investor and entrepreneur. If you're looking for ACTIONABLE and SIMPLIFIED advice, Alex Pardo has you covered with his Master Class Expert Interviews, as well as the Q and A shows. Learn from real estate's heavy hitters, as Alex Pardo puts them on the hot seat to reveal their best strategies for running a profitable, scalable, and automated real estate business. Get a fresh perspective from a Real Estate Investor, Entrepreneur, and Coach that has flipped well over 500 homes. We're dedicated to adding value to you and your business, and bringing you the best content to help you make more money, build your empire, and experience freedom through real estate investing. For more strategies, and recommended resources, check us out at www.FlipEmpire.com. Disclaimer: The author, publishers, contributors and creators of this material are not responsible in any manner for any potential or actual loss resulting in the use of the information presented. The content of this publication is for informational purposes. No promise or guarantee of income or results is implied or suggested.
RSS Feed Subscribe in Apple Podcasts
The Flip Empire Show
2024
March
February
January


2023
December
November
October
September
August
July
June
May
April
March
February
January


2022
December
November
October
September
August
July
June
May
April
March
February
January


2021
December
November
October
September
August
July
June
May
April
March
February
January


2020
December
November
October
September
August
July
June
May
April
March
February
January


2019
December
November
October
September
August
July
June
May
April
March
February
January


2018
December
November
October
September
August
July
June
May
April
March
February
January


2017
December
November
October
September
August
July
June
May
April
March
February
January


2016
December
November
October
September
August
July
June


All Episodes
Archives
Now displaying: Page 1
Dec 19, 2019

Alex wants to challenge you to go through an exercise that has saved him nearly $5,000 in recurring monthly expenses. The book, Profit First, was a game changer for Alex’s business and on this week’s episode; he shows you why. Stop focusing on the top line, and place that focus on the bottom line!

Key Takeaways:

  • The book, Profit First, has been revolutionary to how Alex runs his business.
  • You should have five accounts in your business. Alex breaks down what each of these five accounts does.
  • In the book, you go through an exercise where you print out your Profit & Loss statement (P&L), and determine if the expense contributes to profit, can be replaced with a cheaper alternative, or can be completely eliminated. 
  • Alex printed out his P&L from January 1st, 2019 till now and marked down all the unnecessary expenses or cheaper alternatives his business could use. It wasn’t a fun exercise, but he’s saved $4,700 in monthly recurring expenses.
  • Eliminate the things that are not necessary for your business.
  • Remember, bigger isn’t always better… BETTER IS BETTER!
  • Don’t have a P&L? Print out your bank statements.
  • Alex reads a couple of pages from the Profit First book.
  • Alex’s challenge to you: How do you get 2X the results with half the effort?


Mentioned in This Episode:

Interested in joining the Hybrid Coaching & Mastermind Group Alex & Steve launched? Apply to Join ASCEND

Let's Connect on Instagram: @alexpardo25

Email Alex: Alex@flipempire.com

Mikemichalowicz.com

Profit First: Transform Your Business from a Cash-Eating Monster to a Money-Making Machine, by Mike Michalowicz

Episode 370: Jason Nickel Shows You How to Crush SMS Marketing with Lead Sherpa


Tweetables:

“We’re focused on the wrong thing. We’re focused on the top line, not the bottom line.”

“I was able to shave about $4,700 in monthly expenses. Half of that was recurring.”

“Over the last six months, we’ve become more profitable, we’ve become more streamlined, and we’ve accomplished more with less.”


Ask Alex A Question:

Have a question you want featured on an upcoming Flip Empire Show?

Head over to the Ask Alex page, and record your question. We’ve made it super easy for you, so let us know what challenges you are having, and Alex will answer it personally!


Did you get your FREE Online Course?

Text the word EMPIRE to 67076, and we’ll send you a link to get instant access to the “5 Ways To Scale Your Real Estate Wholesaling Business To Six Figures (In 6 Months Or Less)” video module training course.

Subscribe To The Flip Empire Show, and Leave a Rating & Review!

Layout 2 iTunes

0 Comments
Adding comments is not available at this time.