Imminent Need and Profitability with Jonathan Royce

 

Show Summary

This week we had the privilege of interviewing Jonathan Royce, founder of Hustling Hoagies – a brand new business that delivers hoagies to Univ. of Michigan football games and other local events. Join Mike Michalowicz and Chris Curran for a journey with Jonathan as we discuss where he’s making money and where he’s not, as well as the concept of imminent need. We explore where Jonathan has spent money which was of no value, and the technique of using Profit First to pre-allocate money toward profitability AND his own pay to determine how much money is truly available to infuse money back into his business. Welcome to Episode 68 of the Profit First Podcast!

 

Our Guest 

 

Jonathan Royce

Jonathan Royce is an individual with multiple talents and interests.  He is an owner of a new food venture Hustling Hoagies, is the author of the children’s picture book Detective Dwayne Drake and the Alphabet Thief, has worked professionally as a model and commercial actor, was a three time  All American Athlete at the University of Michigan and is an inductee into the U of M Hall of Fame, and has coached at both the high school and college ranks. Additionally and most importantly he has worked in education and with children for many years.  He earned his bachelor’s degree from the University of Michigan and received his Masters in Educational Leadership from Eastern Michigan University. He is currently an assistant principal at Ypsilanti Community Middle School.

 

Show Links

www.facebook.com/HustlingHoagies/

 

Corporate Partners

Nextiva – VOIP phone providers for small businesses.

Fundera – Single source online funding for entrepreneurs. Also offers an adviser program for CPAs, bookkeepers and business coaches.

TSheets – The #1 customer rated time tracking solution!

Fundbox –  the simplest and fastest way to fix your cash flow by advancing payments for your outstanding invoices.

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