Profit First
Transform Your Business from a Cash-Eating Monster to a Money-Making Machine
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Narrated by:
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Mike Michalowicz
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By:
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Mike Michalowicz
About this listen
Author of cult classics The Pumpkin Plan and The Toilet Paper Entrepreneur offers a simple, counterintuitive cash management solution that will help small businesses break out of the doom spiral and achieve instant profitability.
Conventional accounting uses the logical (albeit, flawed) formula: Sales - Expenses = Profit. The problem is, businesses are run by humans, and humans aren't always logical. Serial entrepreneur Mike Michalowicz has developed a behavioral approach to accounting to flip the formula: Sales - Profit = Expenses. Just as the most effective weight loss strategy is to limit portions by using smaller plates, Michalowicz shows that by taking profit first and apportioning only what remains for expenses, entrepreneurs will transform their businesses from cash-eating monsters to profitable cash cows. Using Michalowicz's Profit First system, listeners will learn that:
· Following 4 simple principles can simplify accounting and make it easier to manage a profitable business by looking at bank account balances.
· A small, profitable business can be worth much more than a large business surviving on its top line.
· Businesses that attain early and sustained profitability have a better shot at achieving long-term growth.
With dozens of case studies, practical, step-by-step advice, and his signature sense of humor, Michalowicz has the game-changing roadmap for any entrepreneur to make money they always dreamed of.
* This audiobook edition includes exclusive updated commentary by the author.
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Critic reviews
“Quit being a slave to your own business and start making some serious money. Follow Mike’s counter-intuitive advice and put profits first.” —VERNE HARNISH, author of Scaling Up
“Profit First is a brilliant smack-upside-the-head revelation for entrepreneurs. Most small businesses look pretty good on the outside, yet actually struggle to stay afloat. With fascinating stories and wit, Michalowicz shows how to remove your nose from the grindstone, climb out of the quicksand, and build a business that loves you back.” —SALLY HOGSHEAD, author of Fascinate
"Profit First completely transformed how I handle business banking. I hadn't even finished the book before immediately putting a four-account distribution system in place for new income: operating expenses, owner expenses, taxes and profit. Mike's system moved me from break-even to profitable within a month. This book is a must-read for businesses large and small." —JENNY BLAKE, author of Pivot
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-
Story
Real estate investors have systems for almost everything—to make the phone ring, to find deals, and to fix, rent, and sell their properties. What they don't have is a system for their finances that ensures positive cash flow and profitability. This is why many investors end up scrambling to cover payroll, taxes, and even their own bills. In Profit First for Real Estate Investing, real estate finance expert, David Richter, reveals his simple cash flow system that not only makes "pay yourself first" possible; it makes it easy.
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Bro, hire someone to read your book
- By Anonymous User on 01-24-23
By: David Richter
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All In
- How Great Leaders Build Unstoppable Teams
- By: Mike Michalowicz
- Narrated by: Mike Michalowicz
- Length: 7 hrs and 39 mins
- Unabridged
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ALL IN is the pinnacle book in Mike Michalowicz's Entrepreneurship Simplified series, setting the standard for building high-performing teams in today’s challenging work environment. Whether dealing with remote work, flex schedules, or generational divides, ALL IN provides a proven framework for recruiting top talent, transforming underperformers into superstars, and cultivating a culture where every employee is as dedicated as an owner.
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Outstanding
- By Lance Lawshe on 06-27-24
By: Mike Michalowicz
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Profit First for Contractors
- Transform Your Construction Business From a Cash-Eating Monster to a Money-Making Machine
- By: Shawn Van Dyke
- Narrated by: Shawn Van Dyke
- Length: 6 hrs and 19 mins
- Unabridged
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Overall
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Performance
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Story
Construction industry business coach, speaker, and author, Shawn Van Dyke, has taken the core concepts of Mike Michalowicz's Profit First and customized them to address the specific needs of the construction industry. Profit First for Contractors addresses the major struggles contractors face and provides clear and actionable guidance on how to overcome them. Shawn shows contractors how to go from simply getting by to becoming permanently profitable.
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Not going to help you
- By Amazon Customer on 06-14-19
By: Shawn Van Dyke
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Profit First for Creatives
- Redefining the Creativity/Money Paradigm
- By: Christian Brim
- Narrated by: Christian Brim
- Length: 4 hrs and 13 mins
- Unabridged
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Overall
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Performance
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Story
Are you an entrepreneur in a creative industry? Does your business struggle with consistent profitability and cash flow? Do you feel it is a never-ending struggle to choose between doing the work you are passionate about and staying in business? Christian Brim is a Certified Public Accountant and Certified Management Accountant with over twenty-five years of working with small business owners to grow profitably. Heavily influenced by a family riches-to-rags experience in his formative years, Christian has dedicated his life’s work to helping entrepreneurs have businesses that work for them.
By: Christian Brim
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The Toilet Paper Entrepreneur
- The Tell-it-Like-it-is Guide to Cleaning Up in Business, Even if You Are at the End of Your Roll
- By: Mike Michalowicz
- Narrated by: Mike Michalowicz
- Length: 4 hrs and 52 mins
- Unabridged
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Overall
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Performance
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Story
"Never started a company before? Struggling with little or no cash? Have no experience, no baseline to judge your progress against? Thank God! You've got a shot at making this work." So says Mike Michalowicz, author of The Toilet Paper Entrepreneur, a business book that is so uniquely useful, so raw and entertaining, it reads like the brainchild of Steve Jobs and Chris Rock.
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brilliantly unorthodox. intelligently uncouth.
- By Jon on 10-07-13
By: Mike Michalowicz
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Profit First for Ecommerce Sellers
- Transform Your Ecommerce Business from a Cash-Eating Monster to a Money-Making Machine
- By: Cyndi Thomason
- Narrated by: Cyndi Thomason
- Length: 3 hrs and 45 mins
- Unabridged
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Overall
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Performance
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Story
Author Cyndi Thomason has taken the core concepts of the Profit First methodology, created by Mike Michalowicz, and customized them to address the specific needs of the ecommerce business. Profit First for Ecommerce Sellers addresses the four major struggles and provides clear and actionable guidance on how to overcome them, taking the online seller from simply getting by to becoming permanently profitable.
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Essential Resource for Serious Ecom Sellers
- By Melissa Swingle on 02-04-21
By: Cyndi Thomason
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Profit First for Real Estate Investing
- Transform Your Real Estate Investing Business from a Cash-Eating Monster to a Money-Making Machine
- By: David Richter
- Narrated by: David Richter
- Length: 3 hrs and 50 mins
- Unabridged
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Overall
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Performance
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Story
Real estate investors have systems for almost everything—to make the phone ring, to find deals, and to fix, rent, and sell their properties. What they don't have is a system for their finances that ensures positive cash flow and profitability. This is why many investors end up scrambling to cover payroll, taxes, and even their own bills. In Profit First for Real Estate Investing, real estate finance expert, David Richter, reveals his simple cash flow system that not only makes "pay yourself first" possible; it makes it easy.
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Bro, hire someone to read your book
- By Anonymous User on 01-24-23
By: David Richter
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All In
- How Great Leaders Build Unstoppable Teams
- By: Mike Michalowicz
- Narrated by: Mike Michalowicz
- Length: 7 hrs and 39 mins
- Unabridged
-
Overall
-
Performance
-
Story
ALL IN is the pinnacle book in Mike Michalowicz's Entrepreneurship Simplified series, setting the standard for building high-performing teams in today’s challenging work environment. Whether dealing with remote work, flex schedules, or generational divides, ALL IN provides a proven framework for recruiting top talent, transforming underperformers into superstars, and cultivating a culture where every employee is as dedicated as an owner.
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Outstanding
- By Lance Lawshe on 06-27-24
By: Mike Michalowicz
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Profit First for Contractors
- Transform Your Construction Business From a Cash-Eating Monster to a Money-Making Machine
- By: Shawn Van Dyke
- Narrated by: Shawn Van Dyke
- Length: 6 hrs and 19 mins
- Unabridged
-
Overall
-
Performance
-
Story
Construction industry business coach, speaker, and author, Shawn Van Dyke, has taken the core concepts of Mike Michalowicz's Profit First and customized them to address the specific needs of the construction industry. Profit First for Contractors addresses the major struggles contractors face and provides clear and actionable guidance on how to overcome them. Shawn shows contractors how to go from simply getting by to becoming permanently profitable.
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Not going to help you
- By Amazon Customer on 06-14-19
By: Shawn Van Dyke
-
Profit First for Creatives
- Redefining the Creativity/Money Paradigm
- By: Christian Brim
- Narrated by: Christian Brim
- Length: 4 hrs and 13 mins
- Unabridged
-
Overall
-
Performance
-
Story
Are you an entrepreneur in a creative industry? Does your business struggle with consistent profitability and cash flow? Do you feel it is a never-ending struggle to choose between doing the work you are passionate about and staying in business? Christian Brim is a Certified Public Accountant and Certified Management Accountant with over twenty-five years of working with small business owners to grow profitably. Heavily influenced by a family riches-to-rags experience in his formative years, Christian has dedicated his life’s work to helping entrepreneurs have businesses that work for them.
By: Christian Brim
-
The Toilet Paper Entrepreneur
- The Tell-it-Like-it-is Guide to Cleaning Up in Business, Even if You Are at the End of Your Roll
- By: Mike Michalowicz
- Narrated by: Mike Michalowicz
- Length: 4 hrs and 52 mins
- Unabridged
-
Overall
-
Performance
-
Story
"Never started a company before? Struggling with little or no cash? Have no experience, no baseline to judge your progress against? Thank God! You've got a shot at making this work." So says Mike Michalowicz, author of The Toilet Paper Entrepreneur, a business book that is so uniquely useful, so raw and entertaining, it reads like the brainchild of Steve Jobs and Chris Rock.
-
-
brilliantly unorthodox. intelligently uncouth.
- By Jon on 10-07-13
By: Mike Michalowicz
-
Profit First for Ecommerce Sellers
- Transform Your Ecommerce Business from a Cash-Eating Monster to a Money-Making Machine
- By: Cyndi Thomason
- Narrated by: Cyndi Thomason
- Length: 3 hrs and 45 mins
- Unabridged
-
Overall
-
Performance
-
Story
Author Cyndi Thomason has taken the core concepts of the Profit First methodology, created by Mike Michalowicz, and customized them to address the specific needs of the ecommerce business. Profit First for Ecommerce Sellers addresses the four major struggles and provides clear and actionable guidance on how to overcome them, taking the online seller from simply getting by to becoming permanently profitable.
-
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Essential Resource for Serious Ecom Sellers
- By Melissa Swingle on 02-04-21
By: Cyndi Thomason
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Profit First for Real Estate Agents
- How to Transform Your Real Estate Agency from a Cash-Eating Monster to a Money-Making Machine
- By: Damon Yudichak
- Narrated by: Damon Yudichak
- Length: 7 hrs and 9 mins
- Unabridged
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Overall
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Performance
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Story
Profit First for Real Estate Agents is built on two timeless money principles which will give you more than 80% of your money success. When you apply them to your real estate business you put yourself on the path of long-term financial success. If you can calculate a house commission in your head, you have enough math skills to master your money. Profit First for Real Estate Agents is the missing link you’ve been looking for.
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Easy to listen and follow along! Great reader!
- By Erin K Hicks on 02-13-24
By: Damon Yudichak
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Profit First for Therapists
- A Simple Framework for Financial Freedom
- By: Julie Herres
- Narrated by: Julie Herres
- Length: 6 hrs and 10 mins
- Unabridged
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For therapists, profit is too often an afterthought. You focus on caring for clients and paying rent and clinicians, and take home the leftovers—if there are any. In Profit First for Therapists, Julie Herres adapts the popular profit first cash flow system specifically for private practice owners. Through client stories and case studies, powerful frameworks, and simple tips, she lays out a clear path to profitability.
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ESSENTIAL reading for any therapist - just get it!
- By S Chen on 05-01-23
By: Julie Herres
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Profit First for Salons
- Transform Your Beauty Business from a Cash-Eating Monster to a Money-Making Machine
- By: Ronit Enos
- Narrated by: Ronit Enos
- Length: 5 hrs and 13 mins
- Unabridged
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Ronit Enos has been there and in Profit First for Salons, she walks you through exactly what she did to take control of her business — and her life — in this must-listen book for salon, spa, and barbershop owners. Enos teaches you the proven Profit First formula so you can master it to build profits, destroy debt, eliminate the work-overwork cycle, and become financially sound – no matter where you’re starting from.
By: Ronit Enos
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The E-Myth Revisited
- Why Most Small Businesses Don't Work and What to Do About It
- By: Michael E. Gerber
- Narrated by: Michael E. Gerber
- Length: 8 hrs and 5 mins
- Unabridged
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In this audio edition of the totally revised underground best seller, The E-Myth, Michael Gerber dispels the myths surrounding starting your own business and shows how commonplace assumptions can get in the way of running a business. He walks you through the steps in the life of a business, from entrepreneurial infancy, through adolescent growing pains, to the mature entrepreneurial perspective, the guiding light of all businesses that succeed.
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Saved my Life
- By Christine on 09-17-08
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Simple Numbers, Straight Talk, Big Profits!
- 4 Keys to Unlock Your Business Potential
- By: Greg Crabtree
- Narrated by: Greg Crabtree
- Length: 4 hrs and 45 mins
- Unabridged
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Overall
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Performance
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Simple Numbers can guide you to increased business profitability! Take the mystery out of small business finance with this no-frills guide to understanding the numbers that will guide your business out of any financial black hole. Author Greg Crabtree, a successful accountant, small business advisor, and popular presenter, shows you how to use your firm's key financial indicators as a basis for smart business decisions as you grow your firm from startup to $5 million (and, more!) in annual revenue.
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Great book, bit difficult to follow as an audio book
- By Alex on 01-28-23
By: Greg Crabtree
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Profit First for Minority Business Enterprises
- By: Susanne Mariga
- Narrated by: Susanne Mariga
- Length: 5 hrs and 44 mins
- Unabridged
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It's time to level the playing field! You are accustomed to being the first - the first to go to college, the first to start a business. You often enter rooms where no one else looks like you. You're a trailblazer on a mission to create a new legacy for your family. And yet, despite your success, you still work too hard for too little cash. In Profit First for Minority Business Enterprises, Susanne Mariga, CPA, shows you how to implement the proven Profit First cash-management system that has lifted thousands of entrepreneurs out of the struggle and into success.
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This is the book you will wish you read sooner
- By KK on 06-12-24
By: Susanne Mariga
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Surge
- Time the Marketplace, Ride the Wave of Consumer Demand, and Become Your Industry's Big Kahuna
- By: Mike Michalowicz
- Narrated by: Mike Michalowicz
- Length: 4 hrs and 48 mins
- Unabridged
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To achieve the ultimate in entrepreneurial breakthrough success requires an uncanny ability to spot the next big wave of consumer demand - but how do you do that? For most small business owners, the true cash cows seem to be reserved for lucky people who were in the right place at the right time.
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An entertaining and actionable read
- By Tom Schwab on 06-27-16
By: Mike Michalowicz
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Buy Back Your Time
- Get Unstuck, Reclaim Your Freedom, and Build Your Empire
- By: Dan Martell
- Narrated by: Dan Martell
- Length: 8 hrs and 4 mins
- Unabridged
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Overall
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Performance
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Story
How you use your free time will make or break your success. The secret? It’s not about working harder or finding more time to do work. It’s about designing the freedom to engage in the high-value work that brings you energy and fulfillment. This is at the heart of the message that has made Dan Martell the world’s most popular SaaS (Software-as-a-Service) coach. Now, in his first book, Buy Back Your Time, he teaches entrepreneurs at every level how to scale their business, fast, while avoiding burnout.
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… by micromanaging
- By John Bales on 02-23-23
By: Dan Martell
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Profit First for Tradies
- Transform Your Business from a Cash Eating Monster to a Money Making Machine
- By: Katie Crismale-Marshall
- Narrated by: Katie Crismale-Marshall
- Length: 4 hrs and 11 mins
- Unabridged
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Overall
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Performance
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Story
If you have finally had enough of the constant cash flow struggle and you are ready to make a change, Profit First for Tradies will guide you. Katie Crismale- Marshall has taken the core concepts of Mike Michalowicz’s Profit First method and customised it to meet the specific needs of Australian tradies.
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Profit First for Microgyms
- A Simple System for Healthy Cashflow
- By: John Briggs
- Narrated by: John Briggs
- Length: 6 hrs and 32 mins
- Unabridged
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Performance
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Fitness Professionals live paycheck to paycheck despite working a heroic amount of hours. This audiobook teaches a system that increases their cash flow so they can be home at dinner time and their gym can thrive. The system is simple to learn and implement.
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Gives 0 information
- By David Walmsley on 02-20-22
By: John Briggs
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Your Next Five Moves
- Master the Art of Business Strategy
- By: Patrick Bet-David
- Narrated by: Patrick Bet-David
- Length: 8 hrs and 6 mins
- Unabridged
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Performance
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From the creator of Valuetainment, the number-one YouTube channel for entrepreneurs, and “one of the most exciting thinkers” (Ray Dalio, author of Principles) in business today, comes a practical and effective guide for thinking more clearly and achieving your most audacious professional goals.
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Mediocre; few actionable take-aways.
- By Michael on 10-31-20
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Profit First for Dentists
- Proven Cash Flow Strategies for Financial Freedom
- By: Barbara Stackhouse RDH MEd, Drew Hinrichs CPA
- Narrated by: Barbara Stackhouse
- Length: 3 hrs and 45 mins
- Unabridged
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You're smart. You graduated dental school. But running a business isn't something you just automatically know how to do. Things can get out of hand quickly. Drew Hinrichs, CPA, and Barbara Stackhouse, RDH, MEd, have adapted the core principles of Mike Michalowicz's book Profit First and customized them for dental practice businesses. Profit First for Dentists addresses the specific financial challenges dentists face in their businesses. Using true stories of their clients, they pull back the curtain and share the steps to creating a highly profitable practice.
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Very basic
- By DRSDent on 08-05-24
By: Barbara Stackhouse RDH MEd, and others
What listeners say about Profit First
Average customer ratingsReviews - Please select the tabs below to change the source of reviews.
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- Nicholas T.
- 11-14-24
So good.
This is a fantastic book. Second time I’ve read it. I was foolish enough not to implement it fully the first time. Don’t be foolish like me, implement it right away! The info is gold, the writing is awesome, and the profit potential real.
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- jenna
- 06-10-24
If you are starting a business read this first!!!!
10/10 such a great business finance book will be following profit first from the jump.
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- Jonathan Nussbaumer
- 09-23-24
Life changing Book!
MUST read for every entrepreneur! I love the method of profit first because we don’t have to change our human nature. AND IT WORKS.
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- Vance V. Ginn
- 10-08-24
Business Must Profit
Michalowicz provides a detailed book on how to prioritize profits in your business. I found these to be helpful though could be too complicated for a small business owner. I look forward to implementing some of these ideas. Check it out!
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- Yakira Colish
- 10-23-23
11/10
Can’t recommend this book enough to everyone I know! Life changing! It’s a must read.
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- C.Tuttle
- 06-03-24
Life changing insights
As an entrepreneur, I found this book very eye-opening. It leads you to a new and simple way of doing business so that you can become profitable and stop the cycle of struggle within your business in life. I highly recommend this book for anyone who is having difficulties in maintaining a business that can support the business and their household.
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- Nabeg Antonio
- 10-07-24
Advise for entrepreneurs
I am struggling on having profit and know how to hire , this book open my eyes to understand what it should be my priority, I recommend it to read it before and during you entrepreneur journey
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- MikeSippleJr
- 11-03-24
Great simple entrepreneur strategy
Appreciate Mike Michalowicz work for entrepreneurs, clear guidance and support for all us working diligently every day in this world.
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- Joseph Sauer
- 04-03-24
Game changer!!
Mike is one of the best writers on actionable steps to help entrepreneurs change/save their small business!!! Super easy concepts to understand and the author does a fantastic job reading the book!!
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- Amazon Customer
- 05-27-24
Divided percentages
Profit first provides a plan for Evaluation and step by step instructions for change and success! I’m excited to implement this into my business!
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