1min snip

My First Million cover image

Andrew Wilkinson's $20,000 to $260,000,000 story

My First Million

NOTE

The Profit First Mentality: A Different Approach to Managing Business Expenses

Andrew's holding company went public and is now worth hundreds of millions of dollars. Despite being a small part of the company, remote work made up 10-15% of their earnings. Small businesses can become big with the right strategies. Buying from successful businesses can be a great opportunity. There is a popular book called 'Profit First' that many people are talking about. It teaches about focusing on profits from the beginning of a business. In a normal business, profits come at the end after deducting expenses, but 'Profit First' suggests prioritizing profits from the start.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode