• S2E266 How to Always Turn a Profit with Mike Michalowicz

  • Feb 4 2025
  • Length: 32 mins
  • Podcast

S2E266 How to Always Turn a Profit with Mike Michalowicz

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  • Summary

  • 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


    itsagoodlife.com


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