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160 - Does Profit First Work?
Episode 16028th October 2025 • Parts Department • Justin Brouillette & Jem Freeman
00:00:00 00:54:10

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Our biggest Profit First review yet. Jem and Justin break down why the system saved their businesses, how Mercury Bank automation beats manual tracking, and why you don't need to be perfect with it. Plus the psychology of fake scarcity, stealing from the right accounts, and what happens when sales are better than you hoped.

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DISCUSSED:

✍️ Comment or Suggest a Topic

PROFIT FIRST

  • Profit First Resources Page
  • Eric Larson start PF (10%)
  • 2sec lean it
  • Justin's bank - Mercury
  • ST Assistant
  • Restructure - Split Lease and Payroll
  • New Debt account
  • New Mercury Distro Days (Fridays)
  • Weekly vs Fortnight
  • 91% elusive - broke it finally
  • KittaParts 50%
  • Trust the system

Starting Accounts

  • Income
  • Profit
  • OpEx
  • Materials & Freight
  • Payroll
  • Lease
  • Tax


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Show Info

Please note: Show notes contains affiliate links.


HOSTS

Jem Freeman

Castlemaine, Victoria, Australia

Like Butter | Instagram | More Links


Justin Brouillette

Portland, Oregon, USA

PDX CNC | Instagram | More Links

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