Episode 29: Profitability and Proactivity with Erik Knight and Jon Wood
Show Summary
Erik Knight and Jon Wood join us for Episode 29 of the Profit First Podcast. Erik shares his expertise on how hackers go after your business. Jon talks about how he ended up on his entrepreneurial journey.
Our Guests
Erik Knight (left) is the CEO of SimpleWan. He is a computer and network security veteran. SimpleWan is a cloud based firewall company designed for IT & Service Providers. This cloud based technology allow service providers to locate, monitor, manage and quantify Broadband Internet connections. The SimpleWan solution gives carriers and managed service providers the tools to increase their customers retention with advanced security monitoring and troubleshooting tools at a very low cost. SimpleWan won Product of the year in 2014 by TMC Magazine.
Jon Wood (right) Jon started a low-risk, low-reward, pooper-scooper business while he was a senior pre-med student. After graduating with his degree in biology, Jon decided instead of medical school to scratch his entrepreneurial itch, and see where it took him. The first 2 years were about just scraping by and paying his bills through other full-time jobs. The next few were about growing and milking every experience as a learning opportunity. And the last few have been about preparing (and as of last week completing) the sale of his business 
Show Quotes
Hackers will go after easy targets; there are about 4,000 hacking attempts per day for a small business.
If a credit card gets hacked from your business, it will cost the merchant (you) about $250.00 per record between legal costs and fines.
How can small owners protect themselves? Be proactive.
Never count your chickens before they hatch.
Take your profit first! This forces you to change your spending habits. The more something is available, the more you will use it.
Show Links
Erik Knight
Website: www.simplewan.com
Jon Wood
jon-wood.com
www.linkedin.com/in/jonwoodleader
tulsapoop911.com
Corporate Partners
Nextiva – VOIP phone providers for small businesses.
Fundera – Single source online funding for entrepreneurs. Also offers an adviser program for CPAs, bookkeepers and business coaches.
TSheets – The #1 customer rated time tracking solution!
