Why You're Making Money But Still Broke (And How to Fix It) | David Richter
The A Game Podcast: Real Estate Investing For Entrepreneurs
Nick Lamagna
5.0 • 101 Ratings
🗓️ 30 March 2026
⏱️ 52 minutes
🧾️ Download transcript
Summary
Join Nick Lamagna on The A Game Podcast: Real Estate Investing For Entrepreneurs with David Richter, the man helping real estate investors and entrepreneurs stop working their faces off only to wonder where all the money went!
David is an investor, entrepreneur, author, podcast host and financial literacy savior fighting out of Florida by way of Northwest Indiana. He has been a part of closing over 850 real estate deals across wholesaling, rentals, fix and flips, BRRRR, lease options and owner financing and realized the biggest breakthrough wasn't doing MORE deals - it was figuring out why so many investors were distressed, broke and stuck even when the money was coming in.
He scaled a company doing $25 million a month in deals and watched it implode anyway because the back end money system wasn't there. That painful experience became his superpower.
He went on to write Profit First for Real Estate Investors and founded Simple CFO Solutions, where they provide fractional CFO services helping real estate investors and business owners get a fresh perspective, ditch the vanity metrics, and build real profit, real reserves and real peace of mind while scaling their business!
You will want to hear how giving every dollar a name can change everything!
Topics for this episode include:
✅ Why High Earning Entrepreneurs Still Feel Broke And What To Do About It
✅ What The Profit First System Is And How To Start Today
✅ How To Stop Living Deal To Deal And Build Real Financial Freedom
✅ The Difference Between A CPA, Bookkeeper And Fractional CFO
✅ Why Accountability Is The Missing Link In Your Financial System
✅ How To Start With Just 1% And Still Change Your Financial Future
✅ Money Anxiety, Emotional Intelligence And Showing Up Better In All Areas Of Life + More
See the show notes to connect with all things David Richter!
Connect with David:
Connect with Simple CFO:
Get The Book Free — Profit First
Connect with Nick Lamagna
Connect on ALL Social Media and Podcast Platforms Here
FREE Checklist on how to bring more value to your buyers
Transcript
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| 0:00.0 | Welcome to the A-game podcast with Nick LaManya, digging into the minds and experiences of some of today's brightest entrepreneurs in real estate and business, |
| 0:23.6 | along with Hollywood stars, UFC fighters, and your favorite rock fans. |
| 0:27.6 | People that have figured out how to overcome obstacles, take chances, live boldly, |
| 0:32.6 | and no matter what they do, they always bring their A-game. |
| 0:48.4 | Welcome back to the A-game podcast, Real Estate Investing for Entrepreneurs, |
| 0:51.5 | where we show average people every day that they can achieve extraordinary things in the past archives of this show. |
| 0:53.1 | We have some of the most successful people in life, in business, in fighting, MMA, Jiu-Jitsu, athletics, comedians, people of all shapes and sizes that go back and tell you in all the past interviews, all the things they did to hit their personal and financial goals. They tell you exactly the steps they did to do it so you can as well. And they also share the mistakes they made along the way so you don't have to take those bumps and bruises. And if those past archives were not enough, we have another banger episode today with Mr. David Richter. David Richter is the author of Profit First for Real Estate Investors and the founder of Simple CFO Solutions who I am a client of. If you are somebody who works their butt off and doesn't have clarity on finances, goes to sleep wondering, why am I working so hard and how am I not getting ahead of my bills? |
| 1:33.3 | If you are ready to have an uncomfortable conversation with yourself to make you be able to sleep better at night and get a better grasp and confidence on your finances and your cash flow, this is the episode for you. |
| 1:42.3 | They have been a godsend for me and so many other multi, multi-millionaires in my circles |
| 1:47.0 | that have come through and been able to say, you know what, like something's missing here. |
| 1:51.0 | How do I figure out how to have more cash in my pocket, how to be on control of my finances, |
| 1:56.0 | how to set up better systems and process by following the profit first model? |
| 2:00.0 | It's been such a huge |
| 2:01.5 | anxiety really for me the confidence the the simplicity of just taking these |
| 2:05.7 | actions and doing them and having somebody hold you accountable has been |
| 2:08.5 | crazy for me and if you're thinking I don't make enough money to do that yet |
| 2:11.9 | this is nice practical simple things that regardless of how much you make you |
| 2:16.0 | can implement the systems he's talking about here, |
| 2:17.9 | whether you make $30,000 a year or $30 million a year and actually make a change in the next couple of years |
| 2:22.8 | that will be a long-lasting benefit you will wish you did earlier in life. So the only fee to have these amazing guests on to share this free resources is for you guys to please subscribe to the podcast. |
| 2:33.2 | We are available everywhere you watch and listen Apple Spotify YouTube all those fun |
| 2:37.7 | places please follow us at the A Game podcast real estate investing for |
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