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47: Highs and Lows of My Multi-Six Figure Business in 2022

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Get ready y’all - in this episode, I’m sharing an insider's look into how I run my multi-six figure business and some of the highs and lows I experienced last year. In 2022, my business came so far and we had a lot of wins, but it certainly wasn’t all sunshine and rainbows. Tune in as I share my biggest wins of the year, plus my biggest fails - including things that most business owners don’t talk about, like how I lost out on five figures in cash flow - to help you celebrate your own wins, learn from mistakes, and determine your best path forward for 2023.

Are you ready to pay yourself a 6-figure salary and build a 7-figure wealth portfolio? My Millionaire CEO Incubator program empowers six-figure entrepreneurs to get off the cash flow hamster wheel and start making wealth-building investments in business and in life. Visit Millionaire CEO Incubator to apply for my signature 6 month profit coaching and wealth-building program!

Links mentioned:

Episode 45: 11 CFO Tips for a Smooth Year-End & Tax Season

Episode 41: The Best ROI You Can Get is Investing in YOU

Episode 42: The Young + Co Origin Story and 4 Mistakes I Made Along the Way

In this episode, you’ll learn:

  • 04:01 My 2022 numbers including $455k in revenue

  • 07:05 High #1 My dream for a lake house

  • 08:40 High #2 My husband left his corporate job

  • 10:40 High #3 Focusing on building better health habits

  • 14:50 High #4 Launching this podcast

  • 16:42 Low #1 Delayed hiring tax help

  • 21:00 Low #2 Too bogged down in busy work to do marketing and lost $50k+ in sales

  • 24:00 Low #3 Spent 5 figures on investments that did NOT help my business

Click here to listen to this week's episode!

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I’m Sarah Young - a CPA, Virtual CFO, and the Owner of Young + Co! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, and I started the Profit + Prosper podcast to help you do the same. Profit + Prosper is a business finance podcast created to help entrepreneurs build their wealth in a way that’s fun and empowering. This is NOT a boring numbers podcast - I share tactical tips to increase your profit so you can truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!

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