Rocky Lalvani started with nothing when his parents immigrated to the United States when he was two years old. In spite of a lot of struggles and his mom passing away when Rocky was 7, he has been able to achieve financial and life success. Rocky loves to share his journey and inspire others to achieve their dream even faster than him.
Rocky was shocked when he first learned that most business owners don’t look at their financial reports, but realized it has to do with our mindsets around money, fear and shame. He found his purpose in helping business owners work around their mindset blocks and become profitable.
Rocky serves as Chief Profitability officer for business owners. He teaches them how to ensure they get paid and make making a profit a priority. As a certified Profit First professional, he implements Mike Michalowicz’s Profit First System where he changes the accounting formula of Sales – Expenses = Profit to Sales – Profit = Expenses. This ensures Profit comes first for his clients.
In Today’s Episode We Discuss:
Parents started with 25$ in the pocket coming from India
The dream of becoming a millionaire
The principles of compounding
How do you live a rich life on a poverty budget
What’s your money story?
The negative stigma and beliefs around money
How do you begin to unblock negative beliefs around money?
Beginning your financial education
Pay yourself first
Take your time with investing
Purchasing s&p 500
Why most financial advisors are salesmen
Mike Michalowicz’s Profit First System
Financial advice for new business owners
A high margin business