Profit is the Product: Ibrahim Ashmawey Believes Most Founders Are Solving the Wrong Problem

LOS ANGELES, CA / ACCESS Newswire / August 20, 2025 /In a business culture that glorifies pitch decks, fundraising rounds, and "scale at all costs" mantras, Ibrahim Ashmawey stands apart. The founder and CEO of Golden Profit Group isn 't trying to build the next unicorn. He 's trying to build something that actually works.

"Most founders think their product is what they sell," Ashmawey says. "I believe the product is the business model itself. If your model isn 't profitable, nothing else matters."

In an exclusive conversation, Ashmawey opens up about his mission, his philosophy on profit, and why he believes entrepreneurs have been misled by the very playbooks they 're told to follow.

Q: You 've saved over $650 million for healthcare organizations. That 's a massive number. What 's the core issue you see across businesses?
Ibrahim Ashmawey: Most founders are looking in the wrong direction. They 're obsessed with growth metrics, revenue, headcount, user acquisition. But none of those things tell you if your business is healthy. If you 're not profitable, you 're not scaling a company. You 're scaling a liability.

Q: That challenges a lot of startup thinking. Especially in tech and venture-backed circles.
Absolutely. There 's this Silicon Valley narrative that says profit doesn 't matter early on. That you can lose money for years if your valuation keeps going up. But that model only works for a small group of companies. Everyone else burns out, or sells their company for less than it 's worth.

At Golden Profit Group, we flipped the script. We go into medical practices and help them recover profit without increasing revenue. We don 't teach them to sell more, we show them where they 're leaking money and how to fix it.

Q: What sparked this philosophy?
Frustration. I kept seeing smart, hard-working founders struggling while influencers with no financial depth were selling templates and turning into "experts." There was no honesty in the conversation. So I decided to stop complaining and build a company that delivers real financial outcomes.

Q: What do you say to the founder who insists they need to keep reinvesting everything into growth?
I say, growth without margin is just expensive noise. You have to earn the right to scale. That means proving your model works on a small scale before you pour gasoline on it. Most people skip that step. They assume more revenue means more success. But more revenue can also mean more mistakes if your foundation isn 't right.

Q: So how should founders think about profit, especially early on?
Think of it as proof of concept. Profit means your idea works. It means customers find value, and you can deliver it efficiently. It 's not about greed, it 's about clarity. When you run lean and profitably, you 're free. You don 't need investors. You don 't need validation. You 've built something that stands on its own.

Q: What 's next for you and Golden Profit Group?
We 're focused on becoming the go-to profit recovery firm in healthcare. But beyond that, I want to challenge business culture itself. We need to stop celebrating unsustainable growth and start rewarding intelligent operations. Profit is innovation. It 's what keeps good businesses alive long enough to do great things.

Q: Final word of advice for the next generation of founders?
Forget the hype. Forget the funnel hacks. Look at your numbers. Fix your model. Profit is not the enemy of innovation, it 's the fuel.

Ibrahim Ashmawey
Los Angeles, California
https://www.goldenprofitgroup.com/
ibrahim@ashmawey.com

SOURCE:Ibrahim Ashmawey

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