Episode 5: Profit and Social Media Strategies with Cyndi Thomason and Brent Robinson

8 Dec 2014 · 34 min
Episode

8 Dec 2014 · 34 min

0:00

In this informal, banter‑filled episode of the Profit First Podcast, hosts Chris Kern and Mike Michalowicz interview two guests: Cindy Thomason, a certified Profit First bookkeeper and virtual CFO, and Brent Robinson, founder of Modthink, a social‑media strategy firm. The conversation weaves together the Profit First philosophy—prioritizing profit over revenue—with practical tactics for small‑business owners. Brent explains how social media can be turned into a sustainable profit engine, emphasizing the need to transition from agency‑driven campaigns to in‑house capability, linking social channels to websites and CRM systems, and using social media for lead generation. Cindy describes how bookkeeping, cash‑flow planning, and the use of QuickBooks Online provide the data foundation for profit‑driven decisions, and how she acts as a virtual CFO to help clients optimize expenses and revenue. The hosts discuss pricing strategies that avoid competing on price, the pitfalls of early‑stage fixed costs such as office space, the importance of customer service, and how profit transparency can motivate teams. Throughout, sponsors (Nextiva, TSheets, Fundera) are mentioned, and the hosts inject humor (e.g., the secret word challenge, ice‑cream flavor debate). The episode ends with actionable advice for entrepreneurs: delay office leases, focus on bookkeeping early, integrate systems, and maintain profit‑first discipline.

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