Mike Michalowicz’s Profit First system is used by companies worldwide to drive permanent profit. In this episode, he shares how this strategy can transform your business from a cash eating monster to a money making machine.
YOU WILL LEARN:
· The limitations of traditional accounting formula.
· The advantages of the Profit First system.
· Practical advice for implementing Profit First in businesses of all sizes.
MENTIONED IN THIS EPISODE:
“Profit First,” by Mike Michalowicz
“The E Myth Revisited,” by Michael E. Gerber
“The Richest Man in Babylon,” by George S. Clason
“How to Stop Worrying and Start Living,” by Dale Carnegie
NOTEWORTHY QUOTES FROM THIS EPISODE:
“It is a responsibility to be profitable.” – Mike Michalowicz
“The ultimate greed is when you're not profitable, because what you're saying is you're willing to forego serving your customers.” – Mike Michalowicz
“You should be proud to be profitable.” – Mike Michalowicz
“Find the right size business for you.” – Mike Michalowicz
“Trust wallets over words.” – Mike Michalowicz
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