Most e-commerce founders treat bookkeeping as a tax necessity and nothing more — until the day they realise they've built a million-dollar business with no idea whether it's actually profitable. Stephen Brown, Co-Founder and COO of LedgerGurus, has seen this story play out hundreds of times. In this episode, he and Nate dig into what good financial infrastructure actually looks like at different stages of growth, the three key metrics every e-commerce founder should be tracking, and why the cash conversion cycle is the most underrated number in your business. Stephen also shares what happened when he and his partners applied Profit First principles to their own DTC brand — including the moment they fired all their agencies and finally got profitable. If you've ever thought of accounting as a cost center, this episode will change your mind.
Connect with Stephen Brown & LedgerGurus:
🌐 Website: https://www.ledgergurus.com
💼 LinkedIn: https://www.linkedin.com/in/stebro
📸 Instagram: https://www.instagram.com/ledgergurus
▶️ YouTube: https://www.youtube.com/@LedgerGurus
👍 Facebook: https://www.facebook.com/LedgerGurus
🎙️ Podcast: eCommerce Finance Podcast
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– Nate and the Profits on Purpose podcast team
Connect with Nathan Littlewood on LinkedIn: https://www.linkedin.com/in/nathanlittlewood/
Visit the Future Ready CFO website here: https://www.futurereadycfo.com/
Join the Future Ready Newsletter here: https://www.futurereadycfo.com/newsletter
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Spotify: https://open.spotify.com/show/1h3U1cG0zhaSwqa8f2UFXI
Apple Podcasts: https://podcasts.apple.com/us/podcast/profits-on-purpose/id1826982087
Amazon Podcasts: https://podcasts.apple.com/us/podcast/profits-on-purpose/id1826982087
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Welcome to the Profits on Purpose podcast, where we explore the journeys of purpose-led founders and the financial strategies that help them survive and thrive. Host Nate Littlewood sits down with eCommerce and CPG founders to unpack the real-life tension between a brand's mission and the practical realities of generating profit.