meta_pixel
Tapesearch Logo
Log in
EntreLeadership

My $1.2 Million Business Is Making Zero Profit

EntreLeadership

Ramsey Network

Business, Management, Entrepreneurship

4.74.4K Ratings

🗓️ 1 April 2026

⏱️ 11 minutes

🧾️ Download transcript

Summary

Revenue is up, but your bank account says otherwise. In this episode, Dave Ramsey takes a call from a business owner and breaks down the hard truths behind cash flow issues and the practical moves you can make today to stop bleeding money and stay in business.   Next Steps: 📞 Have a question for the show? Call 844-944-1070 or send us a message: https://ter.li/ask-us 📚 Learn about the EntreLeadership System™: https://ter.li/system-p 💻 Get EntreLeadership Elite™ for your business: https://ter.li/elite-p ✉️ Sign up to receive tactical tools, advice and resources in your inbox every week: https://ter.li/enl 🏢 Attend EntreLeadership Summit: https://ter.li/summit 🎤 Attend EntreLeadership Master Series: https://ter.li/masterseries 📖 Order Dave’s book, Build a Business You Love: https://ter.li/b4kru2   Connect With Our Sponsors: Go to Belay Solutions or text ENTRE to 55123 for their free resource! Go to ⁠Christian Healthcare Ministries⁠ and use code ENTRE for a 50% credit towards your first month of membership. Visit NetSuite today to learn more.   Listen to More From Ramsey Network: 🪑 Front Row Seat with Ken Coleman 🎙️ The Ramsey Show 💸 The Ramsey Show Highlights 🧠 The Dr. John Delony Show 🍸 Smart Money Happy Hour 💡 The Rachel Cruze Show 💰 George Kamel   Ramsey Solutions Privacy Policy Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

From the headquarters of Ramsey Solutions, this is Entree Leadership.

0:11.3

I'm your host Dave Ramsey with over 30 years of experience leading in the trenches right alongside you.

0:16.9

If you got a question for the show, go ahead and click the link in the description.

0:21.1

Cody is in Orlando, Florida.

0:22.7

Hey, Cody, what's up?

0:24.5

All right.

0:25.1

So I am the owner of a small automotive repair shop.

0:29.4

We have four full-time employees, five, including myself, and two part-timers.

0:35.6

Our revenue last year was $1.2 million, and we are struggling with cash

0:42.9

flow. Why? Mainly we went through a slow time starting about the beginning of November

0:50.9

through the end of the year, and we were pretty much pretty tight going into that.

0:57.3

And so at 1.2, you're not profitable?

1:00.9

Correct.

1:01.6

Yes, sir.

1:02.0

And we've been open, we opened July of 22.

1:06.6

So we're a little over three years in.

1:09.3

But you're bringing in 1.2 million and you got four employees and you're not profitable over three years in. But you're bringing in $1.2 million,

1:11.1

and you've got four employees in,

1:12.3

you're not profitable?

1:14.3

Yes, sir.

1:17.0

Okay.

1:18.9

So you don't charge enough for your repairs?

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Ramsey Network, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Ramsey Network and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.