
David Richter
Soccer player
4
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Aug 13, 2026
You're Making Money… So Where Is It Going? | Profit First Explained With David Richter
15:05
13 MINS LATER

Chris McCormackHOST
So what are the different jobs that people need to know are required for each of their dollars? What are the envelopes that they're putting these dollars in?
The Financial Framework That Tells You Where All the Money Went | David Richter
3:46

David RichterGUEST
That's when I started working with another investor in the Richmond, Virginia area because I had to, needless to say, that business, we went our separate ways.
10 MINS LATER
Why Real Estate Investors Struggle to Keep Profits with David Richter
4:03
4:08
4:21
4:40
4:47

David RichterGUEST
... can I get it back out of some of these properties? How do I get back in the black? All that.

David RichterGUEST
And when I started the company Simple CFO, I started it while I was working for him, and I said, "Hey, I'm starting this company." He's like, "I'd like to be your first client." [laughs] So he was like, "I'm, I'm bought in." That was a huge shot in the arm for me when I was first starting.

David RichterGUEST
And about 10 months into that business, where he was backing me and he introduced me to some people, other people in the real estate space, some good mentors of mine got me in front of people, and then I started to implement Profit First because someone had introduced me to that book right when I started Simple CFO.

David RichterGUEST
But then about 10 months into it, and after working with real estate investors, lots of people had tried to implement Profit First from the original book for the real estate world.

David RichterGUEST
But they had lots of questions, like it doesn't answer if I ha- am selling the property versus if I'm buying and holding it.
Why Cash Flow Matters More Than Deal Volume in Real Estate Investing
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6:28
6:33
6:37
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6:03speaker_1NARRATOR
If you're looking to scale your business and build a business that allows you to live the life of your dreams, please visit InvestorFuel.com today and book a call with our team.

David RichterGUEST
I think that's one of the strengths that I have personally, not just in our business, but myself is taking something that's more complex and making it simple.

David RichterGUEST
But honestly, at the core of it, I'm a very simple person like I need it to where I can understand it.

David RichterGUEST
I think that's why when I first read Profit First, it hit me like a lightning bolt.

David RichterGUEST
of like, oh, shoot, I wish we would have had this when we were doing 25 deals a month.
9 MINS LATER
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15:29speaker_1NARRATOR
Learn more about investor fuel club at investor fuel.com slash club.

