S2E266 How to Always Turn a Profit with Mike Michalowicz

It's a Good Life

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3M ago 31:34

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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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