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Upcoming Classes

Island Institute, in partnership with Profit Decoder, is excited to offer a customized financial management tool designed specifically for Maine’s lobster industry. This tool helps lobstermen gain greater control over their business finances, make informed decisions, and navigate the challenges of an evolving industry.
In this online training for Maine’s lobstermen and their families, Profit Decoder focuses on diversifying income for lobstering families. Profit Decoder will give participants quick and easy ways to expand their income by planning for growth and profits in new or expanding businesses. So, if you are thinking of growing a side hustle or starting a new business this session is for you.
This session will guide you through the Island Institute version of Profit Decoder, ensuring that you can easily track expenses, analyze profits, and plan for a sustainable financial future - all without math or spreadsheets.
"Profit Decoder is life changing. I learned more in that hour than I have in the years of attempts to understand my finances, and I now feel equipped to really work with and understand my numbers."
Togue Brawn, Downeast Dayboat

Island Institute, in partnership with Profit Decoder, is excited to offer a customized financial management tool designed specifically for Maine’s lobster industry. This tool helps lobstermen gain greater control over their business finances, make informed decisions, and navigate the challenges of an evolving industry.
In this online training for Maine’s lobstermen and their families, Profit Decoder focuses on changes to improve profitability using the Island Institute version of Profit Decoder. Participants will learn how to use Profit Decoder to boost lobstering profits without the headaches of spreadsheets or financial jargon.
Answer fundamental questions like:
- How much do I need to catch a day to breakeven?
- How can I easily see how changes in bait and fuel, lobster prices can impact profitability?
Past Classes

Island Institute, in partnership with Profit Decoder, is excited to offer a customized financial management tool designed specifically for Maine’s lobster industry. This tool helps lobstermen gain greater control over their business finances, make informed decisions, and navigate the challenges of an evolving industry.
As part of this initiative, Profit Decoder will be hosting online training sessions for Maine's lobstermen and their families. These sessions will guide participants through the Island Institute version of Profit Decoder, ensuring that they can efficiently track expenses, analyze profits, and plan for a sustainable financial future.

Ready to take your business to the next level without the number-crunching hassle? We get it—finances can be a headache. That's why we have teamed up for a lively webinar, without the math madness, to help you boost profits, while you diversify and grow within the U.S.
Join us as we simplify the four steps to making more money with easy, actionable tips. Then, meet Profit Decoder, your friendly tool to help create a simple action plan for the new year. As a bonus, each participant will receive a Free Profit Decoder Pro Account ($149 value). As you gain crystal-clear insights and see how small changes can have a huge impact, you'll be well on your way to finding the profitable pathways for growth and diversifying your business.
Forget the fear of numbers—this webinar is your step to confidence and success.

Understanding basic financials is key to building an enterprise that scales impact. Yet, teaching financial basics can be intimidating. While many social entrepreneurship educators lean into essential concepts like theory of change, scale, and impact, they are often less confident about teaching financial concepts like breakeven, profitability and building a business model that works. Profit Decoder was created to help solve these problems.
During this engaging session, you'll discover how to frame key concepts and learn how Profit Decoder empowers you to teach financial basics in a way that resonates with your students' passion for social change. Say goodbye to intimidating spreadsheets and convoluted calculations; with Profit Decoder, you can seamlessly integrate financial literacy into your curriculum, so students can grasp essential financial concepts and amplify their social impact.
All professors participating in this program can apply for a FREE Profit Decoder account.
Whether you're an experienced educator or new to the field of social entrepreneurship, this webinar offers invaluable insights and practical strategies to enhance your teaching effectiveness. Don't miss this opportunity to revolutionize your approach to financial education and empower your students to drive meaningful change in the world.
Jay Friedlander, brings a wealth of expertise to the realm of financial education for social entrepreneurs. Currently serving as the Sharpe-McNally Chair of Green and Socially Responsible Business at College of the Atlantic, and a Babson Senior Fellow in Social Innovation, Jay is renowned for his work in merging sustainability with business strategy. With a background as an impact entrepreneur, academic, and strategy consultant to Fortune 100 companies, Jay has been instrumental in devising a new curriculum that gives students means to drive positive change.

Are you passionate about your business but feeling overwhelmed by the numbers? We understand that navigating the financial side of your business can be daunting, but it doesn't have to be that way. MCE is partnering with Profit Decoder to bring you an enlightening seminar that will empower you with the knowledge and tools to boost your profits without confusing calculations or complex spreadsheets.
We will walk you through the 4 essential steps to maximizing profitability, breaking them down into simple, actionable pieces that you can implement right away. We'll also introduce you to Profit Decoder, a user-friendly tool that will revolutionize the way you manage your finances. With Profit Decoder, you'll gain crystal-clear insights into your business, understand the impact of changes on your bottom line, and create a personalized roadmap to profitability with ease.
Join us and discover how to take control of your financial future, make informed decisions, and drive growth and success for your business. Don't let the fear of numbers hold you back. This session is your opportunity to gain the confidence you need to thrive!

Cultivating Community Series
Ready to take your business to the next level without the number-crunching hassle? We get it—finances can be a headache. That's why we have teamed up for a lively webinar to help you boost profits without the math madness.
Join us as we simplify the four steps to making more money with easy, actionable tips. Then, meet Profit Decoder, your friendly tool to help create a simple action plan for the new year. As a bonus, each participant will receive a Free Profit Decoder Pro Account ($149 value sponsored by Maine Community Foundation). As you gain crystal-clear insights and see how small changes can have a huge impact, you'll be well on your way to a prosperous 2024.
Forget the fear of numbers—this webinar is your step to confidence and success.