Have you ever wondered how flipping the script on profit can revolutionize your business? Mike Michalowicz joins Toby Mathis, Esq., to dissect his innovative 'Profit First' formula, a game-changer for entrepreneurs swimming against the tide of traditional financial management. Mike, the sage behind several seminal business books, engages in a no-holds-barred discussion about the essentials of a prospering business—prioritizing profit, pinpointing pressing needs, and strategies for organic growth. You’ll also hear the details of Toby’s own multi-million-dollar tumble and the invaluable lessons that journey taught me, all of which dovetail with Mike's profound insights.
Highlights/Topics:
- Mike intro and background
- Books by the guest and their basic message
- Past failures, “face plants,” losing millions
- Competitive advantages in today’s market
- Camps in the sports industry - employers should take note
- Home Depot’s employment recruiting ‘camps’
- Examples of offering education for recruitment
- What is ‘collective psychological ownership’?
- Using these techniques as an employee
- Company culture- diversity builds community
Resources:
All In by Mike
https://allinbymike.com/
Mike Michalowicz Bio
https://mikemichalowicz.com/bio/
Tax and Asset Protection Events
https://andersonadvisors.com/real-estate-asset-protection-workshop-training/?utm_source=aba&utm_medium=podcast&utm_content=profit-first-and-beyond
Toby Mathis on YouTube
https://www.youtube.com/c/tobymathisesq
Anderson Advisors
https://andersonadvisors.com/
