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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
11.10 Target Allocations for Each Stage of Private Practice Workshop and Q&A
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