Profit First Nation
Welcome to Profit First Nation, the podcast that helps you achieve permanent profitability in your business by taking action to implement Profit First right. Hosted by Danielle Mulvey, a Profit First expert, and Mike Michalowicz, the author of Profit First, this podcast is for the top 17% of entrepreneurs who have cash in the bank to correlate with their profitability.
On the podcast, we dive into advanced Profit First strategies by sharing the honest and authentic ups and downs of being a business owner. Each episode provides information for entrepreneurs focused on taking the right steps and seeking appropriate advice from professionals in accounting, legal, tax, or other relevant areas. You’ll also hear transformational stories from business owners who have turned their businesses from cash eating monsters to money making machines with cash in the bank to correlate to their profitability by implementing the Profit First System.
With a focus on intelligent entrepreneurship, Profit First Nation guides you on how to take ownership of your finances and leverage Profit First as a DIY cash management system to make your business permanently profitable.
If you're a fan of Profit First and Mike Michalowicz, this is the podcast for you. Join a in on our community of successful entrepreneurs driven to be permanently profitable, with a grit and growth mindset that lets no obstacle stand in the way in pursuit of the three Ps: passion, profit, and play.
https://www.profitfirstnation.com
ABOUT THE HOSTS
Danielle Mulvey:
Danielle Mulvey is a former flight attendant-turned entrepreneur and the owner of multiple businesses doing $50-million in annual revenue. She is one of the exclusive, select group of Mastery-Certified Profit First Professionals in the world, and the go-to “HOW TO IMPLEMENT” workshop facilitator for Profit First and WSJ Journal Best Selling Author Mike Michalowicz following his keynote speeches. Danielle is currently running multiple businesses from start-ups to mature businesses with 10-year plus track records and revenues ranging from $1M to $40-million in annual revenues and is a certified numbers geek about Profit First, leveraging the DIY cash management system for small business to achieve maximum profitability. She has the ability to personally guide business owners to achieve maximum profitability in their business based on her 25-years experience of being an entrepreneur who has been there and done that.
Additionally, Danielle authored the book The Rapid Read™ Guide to The 5-Star Employee Rating System™ and is currently collaborating with Wall Street Journal best-selling author Mike Michalowicz on his new book, to be released in Q1 2024, titled ALL IN: How Great Leaders Build Unstoppable Teams.
https://www.daniellemulvey.com
linkedin.com/in/danielle-mulvey-66a315
theallincompany.com
profitfirstnation.com
Mike Michalowicz:
Mike Michalowicz is an entrepreneur and New York Times and Wall Strett Journal best-selling author of Profit First, The Pumpkin Plan, SURGE, Toilet Paper Entrepreneur, Clockwork, Fix This Next, and Get Different. BusinessWeek called Toilet Paper Entrepreneur a business cult classic. His books have been translated into 10 languages and Mike has had the privilege to speak on stages all over the world because of his passion to connect with entrepreneurs.
As the founder of Profit First Professionals, he empowers accountants, bookkeepers, and business coaches with the tools and techniques to maximize client profitability, allowing them to uplevel from being one of the 83% of small businesses operating check-to-check and struggling to be profitabably to becoming one of the 17% of thriving and highly valuable businesses with cash in the bank to correlate to profitability. Mike also co-founded the business growth consultancy, Provendus Group, and has successfully founded, built, and sold two technology service-based companies. He is passionate about sharing his experiences and advice with entrepreneurs and sits on formal and informal advisory boards while maintaining relationships with angel and early-stage investors.
linkedin.com/in/mikemichalowicz
MikeMichalowicz.com
ProfitFirstProfessionals.com
mikemichalowicz.com/books/
MikeMichalowicz
Latest episodes
Feb 25, 2022 • 20min
Ep. 98: Ask Mike Anything: Tax Accounts, Non-Profits, and Hobby Businesses
It's time for another Ask Mike Anything episode, where Mike Michalowicz reads and answers your emails to support you on your Profit First journey. Join us as we cover tax accounts from different angles, discuss how Profit First can work for non-profits, and explore the importance of treating a "hobby business" like a real business (and why you should stop calling it a "hobby business"). Don't miss this opportunity to get your questions answered by the Profit First master himself!
Feb 18, 2022 • 31min
Ep. 97: The Business Multiplier: Coudray’s Law for Profitable Growth
Feb 10, 2022 • 24min
Ep. 96: Profit First Done Right: Clearing Up Misconceptions and Naysayers
Feb 3, 2022 • 20min
Ep. 95: Profit First for Larger Businesses: Managing Expenses for Permanent Profitability
Jan 30, 2022 • 27min
Ep. 94: 17 Fixes for Achieving Profit Level Permanently: Lessons from "Fix This Next
Join us as we revisit the PROFIT Level fixes from Mike Michalowicz's book, "Fix This Next." We'll cover five key topics, including Debt Eradication, Margin Health, and Profitable Leverage, and share 17 very specific fixes you can apply to achieve permanent profitability in your business. Whether you're just starting out or looking to take your business to the next level, this episode is packed with insights and strategies for achieving long-term financial success. Don't miss out!
Jan 20, 2022 • 23min
Ep. 93: Never Budget Again: A Radical Approach to Business Finance with Wendy Barlin
Jan 14, 2022 • 27min
Ep. 92: From Debt to Profit: One Entrepreneur's Journey with Profit First
Join us as we speak with Steve, a Profit First ROCK STAR, about his journey back from the abyss of debt, no profit, and no owner's compensation. Discover how Steve used the Profit First system to transform his business and achieve permanent profitability. We'll explore practical strategies and insights for implementing Profit First, overcoming common challenges, and building a more successful business. Whether you're struggling with debt or just looking to improve your financial management, this episode is a must-listen for any entrepreneur. Don't miss out on this inspiring story of financial transformation and success.
Jan 7, 2022 • 28min
Ep. 91: Overcoming Stymies: 6 Common Obstacles to Doing Profit First Right
In this episode, Kasey Anton, a Mastery-certified Profit First Professional, shares the six common stymies that can hinder your progress in doing Profit First right. She also offers practical tips and strategies to overcome these obstacles and achieve financial success in your business. Plus, she invites listeners to take her Fix This Next Assessment Tool to identify the critical needs of their business.
Dec 30, 2021 • 18min
Ep. 90: Banking and Payroll for Profit First Businesses: Your Burning Questions Answered
In this episode, we dive into some burning questions related to banking and payroll for Profit First businesses. We cover a range of topics, including the best types of bank accounts to use, how to choose the right bank for your business, and how to handle allocation day when paying employees with variable compensation such as commissions or percentage-based pay. Whether you're just starting out or you're a seasoned business owner, this episode is full of valuable insights to help you manage your finances more effectively.
Dec 23, 2021 • 21min
