{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"<iframe src=\"https://embed.acast.com/$/63d3ad1a963ae60011f9ff7f/684fcbd64ed3341b0f2a422b?\" frameBorder=\"0\" width=\"700\" height=\"250\"></iframe>","title":"Pay Yourself First: A Financial System That Prioritizes The Founder","description":"<p>The Pay Yourself First model is non-negotiable for sustainable entrepreneurship, yet most founders put themselves last. Financial strategist Monica Duggal breaks down her BITES method (Budget, Investing, Taxes, Exit Strategy, Systems) to help founders turn financial chaos into clarity. She explains why you need a financial system that prioritizes the founder from day one, rather than following the risky VC model of waiting for a big exit. We also cover why a two-year personal runway is crucial before you start, and how to turn every dollar of revenue into business growth. This is an essential guide for any entrepreneur who wants to build a legacy, not just a business. Check out the company: https://monicaduggal.com</p><p><br></p><p>----------------------------------------------------------------------------------------------------------------------------</p><p>📚 NETWORK BEFORE YOU NEED IT (6 LESSONS THAT MADE SEAN $15M)</p><p>----------------------------------------------------------------------------------------------------------------------------</p><p>▶ Get my eBook free - https://welivetobuild.com/network</p><p><br></p><p>-----------------------------------</p><p>📈 WORK WITH ME</p><p>-----------------------------------</p><p>▶ Buy 300 Lessons From 300 Founders: https://welivetobuild.com/300-lessons-ebook</p><p>▶ Book a Paid Advisory Session: https://welivetobuild.com/book-a-call</p><p>▶ Startup Fundraising: https://welivetobuild.com/fundraising</p><p>▶ Sponsor the Channel: https://www.welivetobuild.com/sponsorship</p><p><br></p><p>---------------------------------------------</p><p>👀 CONNECT WITH SEAN</p><p>---------------------------------------------</p><p>▶ LinkedIn: https://linkedin.com/in/seanweisbrot</p><p>▶ Inquiries: welivetobuild@gmail.com</p><p><br></p><p>---------------------------</p><p>🕒 CHAPTERS</p><p>---------------------------</p><p>00:00 - Introduction: Your Financial Health Check</p><p>00:50 - The BITES Method: A Founder's Financial Blueprint</p><p>01:45 - B: Budgeting Like a CFO (Making Every Dollar Count)</p><p>06:00 - The Critical 2-Year Runway for New Founders</p><p>09:10 - I: Investing &amp; Building Your Company's Cash Reserves</p><p>10:30 - The \"Profit First\" Rule: Why You MUST Pay Yourself</p><p>19:20 - T: A Simple System for Managing Your Taxes</p><p>20:45 - E: Why You Need an Exit Strategy from Day One</p><p>22:00 - S: The Power of Systems and SOPs</p><p>23:25 - The Most Important Lesson: Just Keep Going</p>","author_name":"Sean Weisbrot"}