Question of the Week
The Power of Profitability
Happy Friday. I hope you didn’t miss me too much when I was on vacation last week.
I’m back and excited to share my MDB chat with Tuesday P. Brooks, a business owner, educator, trusted tax and accounting advisor, and U.S. veteran. Her company, AJOY, champions profitability for womxn-led micro and small businesses. On the episode, Tuesday shares the power of being open to suggestions and how following where you’re led can lead to incredible outcomes. She also explains how prioritizing profitability can help entrepreneurs better support their mission and create impact.
Revenue is a primary focus for mission-driven businesses.
Tuesday describes a mission-driven business as one in which the people running it understand that revenue and sales must be a key focus. So if you’re running a business with a good cause that doesn’t make any money, you’re essentially volunteering.
“The only way you can support your mission is if you have the resources to do it,” Tuesday said. “And resources mean money.”
The need for revenue to support a mission is particularly impactful for Tuesday as her company AJOY teaches financial fluency to business owners. The company specializes in helping womxn-led businesses achieve profitability through three tiers of support: bookkeeping, cash management, and tax strategy.
“If they’re employing all of these things, they have no choice to but to be profitable,” she said.
You can’t grow if nobody knows what you do.
Before AJOY was a financial management firm, Tuesday used the brand name to provide clients various business services. The problem was that the company didn’t grow because nobody quite knew what she did.
“If during that time you were to ask ten people, ‘What does Tuesday do?’ you would have gotten ten different answers because I was capable of doing a lot of things,” she said.
Then, in 2009, she focused on accounting and tax for small businesses. Once she claimed her niche, the company started to grow because people became very aware of her services and did not come to her for anything else.
“I have not wavered from what we do, and how we do it has only gotten better,” she said. “People started to understand they could rely on us.”
Follow where you’re led.
Before leaning into running a financial management firm for womxn-led businesses, Tuesday had a winding career path. She got her Master’s in Education based on a friend’s suggestion and her Business Degree in Media Management because her Mom saw a flier for a program. She also discovered her niche because her mentor and business coach suggested she go to a boot camp. Her experiences have led her to espouse the power of being able to follow.
“Everybody talks about leadership, but there’s also power in being open to suggestions and doing things,” she said. “It led to so many wonderful experiences that brought me to where I am now, and it’s how we’re able to support our business because I tapped into so many industries.”
Quote of the Week
“I have not wavered from what we do, and how we do it has only gotten better. People started to understand they could rely on us.” – Tuesday Brooks
Task of the Week
If you want to learn more about finding your focus and the power of profitability, you won’t want to miss this episode.
You can also learn more about Tuesday at the links below: