Meet Edie May from Profit First Accounting

Photo by Michael Longmire on Unsplash

Welcome to 2020! For our first Facebook Live for the year we would love to introduce, Edie May.

Edie is an accountant, and has been in the industry for 35 years. She is the co-director of Profit First Accounting, a small family run business based on the beautiful Mornington Peninsula, Victoria.

Edie May recently sat down with Profit First Australia CEO Laura Elkaslassy to talk about her journey to becoming a Profit First Professional and how Profit First has transformed her business, as well as the businesses she works with.

Profit First is a way of life! — Edie May

Please tell me about who you are and what you do?

I’m an accountant. I’ve been an accountant for a very long time. I have been doing what I do for 35 years which makes me feel quite old but it wasn’t until I met Profit First that I realised that there was a far better way.

So tell me about your implementation of Profit First in your business. What differences did that make for you?

It’s been a huge change for us to be able to manage our money in a sensible way that spreads the money across to the months where there’s not always enough.

For those that may be watching that are considering becoming a Profit First professional, what should they consider and what do they need to know?

They need to allow themselves enough time. When I did it I thought I’m clever, I can get this over quickly, but that’s not quite true. You have to follow the process, it’s not a rushed process, and you have to actually implement it. It’s not just learning, as you implement it, of course, you understand it better, and understand your own emotions as they change because suddenly you’re not thinking in the same way anymore.

This article was originally posted on the Profit First Australia website




Profit First is the leading money management system that effortlessly creates profitable and sustainable business.

Love podcasts or audiobooks? Learn on the go with our new app.

Recommended from Medium

Funding Sources in 2019: Where’s Your Investment Coming From?

Less Cash, More Equity, and Why It Pays Off Every Time

ENTI 401 — Opportunity Identification Course Outline

Dear product managers, start thinking of ‘embedded everything’

How to get your team to “Own it!”

How to cold email VC

Is An Economic Crisis The Right Time To Start A Company?

This Holi, Burn These 7 Fears Of Entrepreneurship

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Profit First Australia

Profit First Australia

Profit First is the leading money management system that effortlessly creates profitable and sustainable business.

More from Medium

Binance Created a Crowdfunding Platform For Ukraine

Back to Basics, the Blockchain — Where It All Started From!

Daily Technical Analysis BTC & ETH — 5th Mar 2022

What to do when you missed the chance to join the movement? How to control panic?