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Profit First Academy for Private Practice Owners
Hi! We're So Glad You're Here!
Welcome! (2:12)
Introduction to Your Coaches
[Introduction Survey] Where are you on your Profit First Journey: Help us help you!
Disclaimer
Calendar and Links
September 2025 Event Calendar
August 2025 Event Calendar
What are office hours?
Template Library
Templates
Introduction: Profit First Basics
Start here!
Phase 1: Profit First setup
Phase 1 Introduction (1:29)
Setup Checklist (2 mins)
Steps 1, 2, 3: Bank accounts
Step 4: Determine your Target Allocation Percentages (TAPs) (5 mins) (2:51)
Step 5: Complete your Instant Assessment (15 mins) (15:39)
Start with 1% (2:54)
Step 6: Decide your transfer frequency (5 mins) (3:27)
Submit your Instant Assessment (2 mins)
Mindset & encouragement (1min) (2:40)
Phase 1: Bonus
When you shouldn't start Profit First (3 mins) (3:10)
What Profit First account will I get paid from as the owner? (3 mins) (3:46)
Scheduling a Financial Date for Success (3:42)
Phase 2: Working the system
Phase 2 Introduction (1 min) (1:01)
Step 7: Initial Transfer (4 mins) (3:32)
Ongoing Transfers (2 mins) (4:16)
Read the book (chapters 6-8)
Making adjustments to your expenses (5 mins) (1:42)
Share Profit First with your Support Team (2 mins) (1:51)
Show us what you've got! (2 mins)
Phase 2: Bonus
Owner Compensation for S Corporations (6 mins) (5:46)
Payroll Allocations for 26 pay periods per year (5 mins) (5:02)
Borrowing from Accounts (2:37)
Phase 3: Troubleshooting
Phase 3 Introduction (2 mins) (1:40)
Increasing Revenue and/or Decrease Expenses (6 mins) (6:07)
Taking your First Quarterly Profit Distribution (2 mins) (2:12)
Moving from CAPs to TAPs (3 mins) (3:49)
Transferring Between Transfer Days (2 mins) (3:05)
What if I can't make payroll? (2 mins) (1:39)
What are your bank accounts telling you? (2 mins)
Phase 3: Bonus
Reverse-engineer your practice (6:02)
Emotional Phases of Profit First (11:58)
Profit First with more than one business owner (8:00)
Phase 4: Almost cruise control
Phase 4 Introduction (0:49)
Evaluating your long-term goals (and deciding when to add a bank account for them) (5:38)
Increasing your Profit allocation (2:56)
Adding buffers to your accounts (3:18)
What changes will you make in your practice this quarter?
You did it! (0:34)
Phase 4: Bonus
Debt vs savings (4:08)
Recordings
5.23.25 Live Q&A with Julie Herres (Common Mistakes & How to Avoid Them) (52:59)
4.11.25 Live Q&A with Julie Herres (Quarterly Distributions) (47:38)
3.14.25 Live Q&A with Julie Herres (Tax Tips) (58:01)
2.14.25 Live Q&A with Julie Herres (General Q&A) (59:17)
1.17.25 Live Q&A with Julie Herres (Goal Setting the Profit First Way) (51:21)
12.20.24 Live Q&A with Julie Herres (43:46)
11.8.24 Live Q&A with Julie Herres (47:06)
10.11.24 Live Q&A with Julie Herres (37:31)
9.13.24 Live Q&A with Julie Herres (55:52)
8.16.24 Live Q&A with Julie Herres (43:02)
7.19.24 Live Q&A with Julie Herres (46:18)
6.21.24 Live Q&A with Julie Herres (46:03)
5.10.24 Live Q&A: Quarterly Tax Prep (61:19)
4.26.24 Live Q&A: Emotional Phases of Profit First w/ Marie Choppin (55:59)
3.15.24 Live Q&A: Phase 1 Transfers (50:07)
1.19 Live Q&A: Profit First and Taxes (44:20)
12.12 Live Q&A: Reverse-Engineer Your Practice (52:23)
11.10 Target Allocations for Each Stage of Private Practice Workshop and Q&A (56:10)
10.17 Live Q&A with Julie Herres (22:59)
9.29 Live Q&A with Julie Herres (41:21)
Instant Assessment Workshop Recording (87:46)
8.18 Live Q&A with Julie Herres (18:12)
7.21 Live Q&A with Julie Herres (35:48)
6.13 Live Q&A with Julie Herres (59:59)
Canceling your Profit First Academy subscription
If you joined AFTER May 1, 2024
If you joined PRIOR TO May 1st, 2024
Step 6: Decide your transfer frequency (5 mins)
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