Cash Flow with Pam Prior

Latest Episodes:

S4E4: Cardinal Pale Ale, Track Your Tax Return Now, How to Get into Bitcoin! Mar 26, 2024

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Disclaimer: The content in this podcast is for entertainment purposes only and does not constitute financial advice. Please consult with a financial professional to determine what may be best for your individual needs.

In this episode of the Cash Flow podcast, join me as I demystify the world of bitcoin, cryptocurrency, and decentralized finance (DeFi). With a focus on investing with intelligence and caution, Pam provides a comprehensive guide to navigating the exciting yet complex terrain of digital assets. From personal insights to expert tips, learn everything you need to know to invest safely in cryptocurrency. Whether you're a seasoned investor or new to digital currencies, this episode offers valuable information to help you make informed decisions, avoid common pitfalls, and understand the potential of crypto investments. Tune in for an informative journey through the world of crypto and discover how to approach this cutting-edge investment area with confidence.

✨ 5 Key Lessons:

The importance of setting a sustainable investment amount that you can afford to lose in cryptocurrency.
2. The benefits of employing average cost investing when delving into the world of bitcoin.
3. The role of regulated exchanges, such as Coinbase, in facilitating safe and trusted crypto investing.
4. Understanding the emotional rollercoaster associated with cryptocurrency investing, and how to approach it rationally.
5. The evolving landscape of cryptocurrency regulation and the need to consider long-term trends in the market.

📰 Today's News: Track Your Tax Return Now! - https://www.irs.gov/wheres-my-refund

Today's Brew🍺: Cardinal Pale Ale

About the Brewery:

Founded by Paul and Kim Kavulak in 2007, Nebraska Brewing Company evolved from a passionate homebrewing project started in 1992 into a hallmark of craft beer excellence. Overcoming early challenges, including a notable experiment with their Cardinal Pale Ale and navigating the trials of the Great Recession, the Kavulaks, with Tyson Arp as Lead Brewer, established a brewpub in Papillion, Nebraska, renowned for its innovative barrel-aging program and commitment to quality. Today, Nebraska Brewing is a beacon in the craft beer community, known for its exceptional beers and dedication to the art and science of brewing.

Learn more about Nebraska Brewing Company: https://nebraskabrewingco.com/

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Produced by Francis Plata & Forward Press Media: www.forwardpressmedia.com

S4E3: Frickin' Hazer Beams, Why You Should Care About Bitcoin, Why Your Tax Accountant Shouldn't Pick Your Bookkeeper Mar 19, 2024

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This episode of the Cash Flow Podcast tackles the critical, and often overlooked, topic of choosing the right bookkeeper for your business. Pam Prior dives in deep, explaining why your tax accountant might not be the best fit for this role.

The ideal bookkeeper goes beyond basic tax considerations. They become your financial storyteller, transforming data into actionable insights about cash flow, pricing, hiring, and more.

Looking for sustainable growth and control over your finances? Pam provides invaluable tips to distinguish between "tax accounting bookkeepers" and "storytelling bookkeepers."

Today's News: What Happens if Bitcoin Reaches an All-Time High? (coindesk.com)

Today's Brew🍺: Frickin' Hazer Beams by Roughtail Brewing Company

About the Brewery:

In the heart of Oklahoma, a craft beer revolution was sparked by the daring vision of Blaine Stansel and Tony Tielli, two homebrew enthusiasts who met through a local homebrew club. Unwilling to settle for the 'safe' and 'typical,' they founded a brewery that would challenge the norms of the craft beer scene. With a commitment to bold, hop-forward beers, they embarked on a journey that would significantly contribute to the growth of Oklahoma's craft beer community. From humble beginnings in a small 10 BBL brewhouse in Midwest City, OK, after a brief stint in downtown OKC, to a formidable 30 BBL system within a decade, they've expanded their reach across Oklahoma, Kansas, and North Texas. Launching officially in April 2013, their journey has been marked by a relentless pursuit of innovation and quality, defining their path with distinct, aggressive flavors and a fearless attitude. This journey, while far from smooth, has solidified their place in the craft beer landscape, promising even more exciting developments for their team, brewery, and the communities they serve.

Learn More: Frickin’ Hazer Beams – Roughtail Brewing Company (roughtailbeer.com)

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S4E2: Tröegs Troegenator, Is A.I Coming For You?, Software Implementation Mar 12, 2024

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Check out the Video on Youtube: https://youtu.be/5pCZKbiwFz4

Today, I kick things off with a review of the Tröegs Trogonator beer, then I delve into the potential impact of AI on accounting and CFO services. Learn why AI should be viewed as a supportive tool, not a threat, and how human expertise remains crucial.

Then we follow up last week's episode with Part 2 on implementing business automation software!!

Gain valuable insights into why optimizing your current processes is essential before implementing new software solutions.

✨ Key Lessons:

The importance of staying informed about AI tools that could replace traditional business processes.
Recognizing the need to differentiate services from AI and embrace technology to enhance business practices.
The significance of mapping out current processes and envisioning ideal workflows before investing in new software.
Tips for identifying the right software options to streamline and automate business operations effectively.

Today's Brew🍺: Tröegs Troegenator

About the Brewery:

In this episode, we're cracking open the story of Tröegs Independent Brewing, where brotherly love meets brewing brilliance. Founded by Chris and John Trogner, Tröegs is the result of wild childhood creativity turned hop-filled destiny. These brothers went from building homemade cannons to crafting some of the most inventive beers on the scene. Their journey from separate paths back to Pennsylvania led to the birth of Tröegs in '97, with a beer list as daring as their adventures.

Imagine a place where every pint has a story, from the bold Troegenator to the festive Mad Elf. It's all about pushing boundaries, whether that's with local ingredients or wild ideas. Fast forward to today, their Hershey home is not just a brewery but an experience, complete with a Snack Bar serving up bites as original as their brews.

Join us as we toast to Tröegs Independent Brewing – a testament to dreaming big, brewing bold, and asking, "Why not?"

Learn More about Tröegs Brewery here: https://troegs.com/about/our-story/

Learn about Docket: Docket AI : Clone your best sales engineers!

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S4E1: Dupont Saison, Stable Coin, Refining Business Process Mar 05, 2024

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Check out the Video on Youtube: https://youtu.be/HaSKt59BM94

Season 4 of Cash Flow Podcast kicks off with a focus on automation and cryptocurrency. I debunk the myth of "automation equals success" and explore the promising future of crypto with insights on giants entering the space.

Additionally, this episode features:

Introducing our new format called "Bucks, News & Brews" blending my financial insights with my craft beer appreciation.
Insights for applying financial knowledge to various areas of your business, including sales and marketing.

✨ 5 Key Lessons:

Before Automating, Optimize: Refining your business process is integral before investing in automation, ensuring the effectiveness of both the software and your workforce.
Broken Processes Break Investments: Layering new systems onto flawed processes can lead to compounded issues, wasting time and resources. It's essential to rectify the underlying workflow first.
Cryptocurrency Comes of Age: Traditional finance's embrace of bitcoin and stablecoins like USDC signifies a growing confidence in digital assets’ ability to facilitate business transactions.
Software Selection Starts with User Requirements: Clearly define what you need to know to run your business. This clarity will direct you to the right technology that aligns with your company's data points and KPIs.
Decentralized Finance – The New Frontier: DFI offers businesses a window to simple and cost-effective transactions. Don't ignore crypto as a fad; understand its tools to potentially ease financial operations.

Learn More about Stable Coin and Crypto!: https://www.coindesk.com/

Today's Beer: Duponte Saison by Brasserie Dupont

About the Brewery: Dupont Brewery | (brasserie-dupont.com)

The Brasserie Dupont is a Belgian brewery with a rich history dating back to 1759. It began as a farm and transitioned into a brewery in 1844, specializing in Saisons and honey beers.

In 1920, Louis Dupont inherited the property and introduced his now-famous Saison Dupont recipe.Through the years, the brewery faced challenges, particularly after World War II with the rise of Pils beers. However, Sylva Rosier's innovation and leadership ensured the brewery's survival by introducing Redor Pils and later pioneering organic beers in the 1990s.

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S3E25: Know Your Map with Hanna-Mari Kirs - Brand Storytelling & Entrepreneurial Success Feb 27, 2024

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Join us as we welcome brand narrative strategist extraordinaire, Hanna-Mari Kirs!

With 10 years of experience working with early and growth-stage startups, Hanna-Mari is passionate about empowering soul-led entrepreneurs to succeed authentically.

In this episode, Hanna-Mari dives deep into:

Her journey from building digital products to championing empathic leadership in the entrepreneurial world.
The transformative power of storytelling in shaping identities and revolutionizing businesses.
How to harness the power of empathy and authenticity to craft compelling narratives that resonate with your audience.
Actionable strategies for integrating storytelling into your sales and branding strategies.
Her empathic coaching approach and how it helps clients flourish.

This episode is a must-listen for entrepreneurs and creatives seeking to align their brand stories with their core values and attract their ideal audience.

✨ Connect with Hanna-Mari:

Social: https://www.instagram.com/hmkirs/

Website: heroesandguides.com

Podcast: https://heroesandguides.com/podcast/

Quote: "What does your customer believe about themselves? What is the story that you want to help them change in their own minds? And now, how can we give them language to do so?"

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S3E24: 3 Cash Cycle Essentials for Every Business Owner Feb 20, 2024

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Cash flow management: the secret weapon of thriving businesses! Join me on the Cash Flow podcast, as I dive deep into the essential elements for mastering your cash cycle. In this episode, you'll discover:

The intricate web of cash flow in business (explained simply!)
- Strategies for understanding your unique cash cycle
- Powerful forecasting techniques to maximize impact
- A game-changing tip for solopreneurs & consultants
- Introducing Mile IQ: the app that revolutionizes mileage tracking

Ready to revolutionize your approach to cash flow? Tune in and unlock the secrets to financial success!

Don't forget to:

✅ Like & share this episode with fellow cash flow enthusiasts!

💬 Leave a comment sharing your thoughts on cash flow essentials.

✨ 5 Key Lessons:

The Cash Cycle: We explain the concept of the cash cycle and how it affects businesses, emphasizing the importance of understanding the time between outgoing and incoming cash.
Forecasting Cash Flow: Learn the significance of forecasting cash flow and how it can help in making informed financial decisions and planning for the future.
Strategic Cash Flow Management: We dive into the strategic aspects of managing cash flow, discussing the need to be strategic about the cash cycle to maximize its benefits and minimize risks.
Real-life Examples: Discover how real-world scenarios and case studies demonstrate the impact of effective cash management on business success.
The Entrepreneurial Perspective: Gain insights into the entrepreneurial mindset required to navigate and leverage the cash essentials for sustained business growth.

Disclaimer: The content in this podcast is for informational and educational purposes only and does not constitute financial advice. Please consult with a financial professional to determine what may be best for your individual needs.

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S3E23: Know Your Map with Sara Torpey - Harnessing the Power of Authentic Connections Feb 13, 2024

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Today I sit down with Sara Torpey for an in-depth exploration of authentic networking and its influence on entrepreneurial growth. This conversation goes beyond the surface of conventional networking, touching on the essence of building meaningful relationships and the impact of genuine interactions in the business world.

Sara, with her extensive coaching experience, sheds light on the importance of self-trust, the art of simplification, and how authentic connections can lead to unexpected victories in both life and business. The discussion navigates through the significance of laughter in networking, the value of intuition in business decisions, and the concept of focusing on what's working to shift from disaster to triumph.

This episode is not just a talk; it's a journey into the core of successful networking, enriched with real-life stories and practical tips that can inspire and guide entrepreneurs. Engage with us by sharing your thoughts in the comments, and don't forget to subscribe for more episodes that aim to enhance your entrepreneurial mindset and strategies.

✅ 5 Key Lessons:

Trust is Foundational: Trusting in oneself, the business process, and the value provided to clients are essential to fostering effective connections and sustaining a successful business.
Simplicity Breeds Productivity: Reducing to-do lists and concentrating on what is working helps to alleviate the tendency to overcomplicate tasks, ultimately enhancing productivity and focus.
Connections Over Revenue: Shifting the goal from revenue-centric to connection-centric can open unexpected opportunities, including business growth and personal fulfillment.
The Power of Community: Building a community, like the one Sara leads, can offer support, accountability, and growth, emphasizing the human element in all professional endeavors.
Positive Mindset: Encouraging a team to focus on positive aspects rather than dwelling on negatives can train the brain to recognize and replicate success.

✨ Connect with Sara:

Website: www.torpeycoaching.com

Facebook: https://www.facebook.com/saractorpey

Facebook Group: https://www.facebook.com/groups/uncomplicatingbusiness/

LinkedIN: https://www.linkedin.com/in/saratorpey/

TikTok: https://www.tiktok.com/@uncomplicatesuccesswsara

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S3E22: 3 Key Reasons Organizational Structure is Vital for Entrepreneurs and Business Growth Feb 06, 2024

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Explore the critical role of organizational structure in elevating your business to new heights with this week's episode of the Cash Flow Podcast. From tax-saving tactics through smart structuring with LLCs to safeguarding your assets against unforeseen liabilities, this episode is your guide to financial savvy and security.

Plus, get tips on structuring your business for smooth expansion, sales, or acquisitions. Perfect for both seasoned owners and aspiring entrepreneurs, this episode offers the tools to shape your business's financial and strategic future. Hit subscribe, like, and share with your entrepreneurial circle – let's navigate the business landscape with confidence together!

3 Key Takeaways:

Organizational structure plays a crucial role in minimizing tax impact for businesses, both in the present and in the long term.
By isolating potential liabilities, proper structure can help limit risks, insurance premiums, and the extent of legal actions against your business.
Modularizing businesses through structured entities allows for easier navigation and decision-making, especially in scenarios involving business growth or potential sales.

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S3E21: 3 Things To Do When Your Passion Project Turns Into a Real Business Jan 30, 2024

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In this episode, I dive into the unexpected journey of entrepreneurs who stumbled upon immense success with their passion projects. I'll unveil the three crucial steps to take when your hobby takes a turn, and you find yourself steering a multi-million dollar business. If you've ever felt the daunting weight of managing unexpected success, this is the episode for you! From understanding the evolution of your role as an entrepreneur to managing the challenges of change within your organization, we cover it all!

Get ready to discover the real-life tale of Mark, a budding entrepreneur whose casual sneaker-selling venture evolved into an $8 million business. Uncover the essential lessons from his journey and gain valuable insights into the transformations every successful business owner must undergo.

Don't forget to hit subscribe, like, and share to stay updated on all our latest financial breakthroughs! Join our community of forward-thinking entrepreneurs and let's conquer the world of business together.

Key Lessons:

Embracing Change: Entrepreneurs must acknowledge the need for personal growth and change as their businesses evolve and expand.
Change Management: Understanding the impact of change on stakeholders and implementing effective change management strategies is crucial for smooth business transitions.
Vision and Determination: Keeping sight of the end goal and persevering through the challenges of business growth is essential for success.

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S3E20: Lifelong Lessons & Entrepreneurial Patterns - Know Your Map With Justin Breen Jan 23, 2024

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Join us this week on Cash Flow for an insightful conversation with Justin Breen, the visionary founder of BR Epic Network.

In this episode we delve into the personal stories and family influences that have shaped Justin's unique approach to business and life philosophy. Hear Justin discuss his entrepreneurial journey, debunk myths about money and happiness, and highlight the importance of setting the right priorities. Drawing from his book, "Epic Life," he offers a compelling blueprint for achieving ambitious business goals while keeping family at the forefront.

This episode is not just about business strategies; it's about finding a harmonious balance between professional aspirations and personal commitments.

Tune in for a blend of motivational insights and actionable advice for crafting your own epic life.

📚 Get a copy of Justin's bestselling book Epic Life: https://www.amazon.com/Epic-Life-Collaborative-Companies-Putting-ebook/dp/B0B7QLBDLM

✨ Connect with Justin:

🔗 LinkedIn: https://www.linkedin.com/in/justinbreen1/

📚 Facebook: https://www.facebook.com/BrEpicBreen/

🐤 Twitter: https://twitter.com/BrEpicBreen

⌨️ Website: www.BrEpicNetwork.org

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