My $1.2 Million Business Is Making Zero Profit
EntreLeadership
Ramsey Network
4.7 • 4.4K Ratings
🗓️ 1 April 2026
⏱️ 11 minutes
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| 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? |
... |
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