005 - This little known law is why you never have any money episode artwork

EPISODE · Apr 21, 2024 · 16 MIN

005 - This little known law is why you never have any money

from Prosper and Profit · host Laura O'Hagan

Have you ever been requested to do something and being given a certain amount of time to do it? Let's say that timeline you were given was seven days, right? What's funny is most of the time we're completing the project in the final day, sometimes hours before it's due, it takes the full amount of time that we've been given to turn it around. And then you may have the experience where someone asks for the same thing but the deadline is shorter. They need, it turned around in two days, and what we find is even though we feel a lot of pressure around that, we'll be able to deliver the thing in the timeframe we'd given. This little known law explains why this happens with time and how the exact same thing is happening in your business with the running costs and can show you why even though you hope that this month will be different, you never seem to have enough money to pay yourself and make a profit. Curious to learn more? Tune into the episode to learn this natural human behaviour and how you can stop having it work against you so that you can take more money home from your business. Resources mentioned in this episode Episode 004 of the podcast: The 5 bank accounts you need to get started with Profit First, listen here: https://laurajohagan.com/2024/04/15/004-the-5-bank-accounts-you-need-to-get-started-with-profit-first/ Looking for help to transform your business into the thriving, profitable business you know it could be? Book a Discovery Call with Laura here www.laurajohagan.com/book-call Connect with Laura Website: www.laurajohagan.com Email: [email protected] Instagram: www.instagram.com/laurajohagan

Have you ever been requested to do something and being given a certain amount of time to do it? Let's say that timeline you were given was seven days, right? What's funny is most of the time we're completing the project in the final day, sometimes hours before it's due, it takes the full amount of time that we've been given to turn it around. And then you may have the experience where someone asks for the same thing but the deadline is shorter. They need, it turned around in two days, and what we find is even though we feel a lot of pressure around that, we'll be able to deliver the thing in the timeframe we'd given. This little known law explains why this happens with time and how the exact same thing is happening in your business with the running costs and can show you why even though you hope that this month will be different, you never seem to have enough money to pay yourself and make a profit. Curious to learn more? Tune into the episode to learn this natural human behaviour and how you can stop having it work against you so that you can take more money home from your business. Resources mentioned in this episode Episode 004 of the podcast: The 5 bank accounts you need to get started with Profit First, listen here: https://laurajohagan.com/2024/04/15/004-the-5-bank-accounts-you-need-to-get-started-with-profit-first/ Looking for help to transform your business into the thriving, profitable business you know it could be? Book a Discovery Call with Laura here www.laurajohagan.com/book-call Connect with Laura Website: www.laurajohagan.com Email: [email protected] Instagram: www.instagram.com/laurajohagan

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005 - This little known law is why you never have any money

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This episode was published on April 21, 2024.

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Have you ever been requested to do something and being given a certain amount of time to do it? Let's say that timeline you were given was seven days, right? What's funny is most of the time we're completing the project in the final day,...

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