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The Power of Profit First with Mike Michalowicz
Manage episode 497238316 series 3663900
In this powerful episode, we’re joined by none other than Mike Michalowicz, the bestselling author of Profit First and the driving force behind one of the most transformative financial systems for business owners today.
Alongside hosts Tim and Duncan, Mike unpacks why the traditional formula of Sales - Expenses = Profit is fundamentally flawed, and how reversing it to Sales - Profit = Expenses can shift not just your numbers, but your mindset.
Tim opens the episode with a heartfelt account of his own journey as an accountant, sharing the emotional strain he witnessed (and felt) from business owners stuck in the cycle of feast and famine. This sets the stage perfectly for Mike’s insights on how prioritizing profit creates stability, confidence, and long-term success.
Key Highlights:
- Why most entrepreneurs never feel “profitable” (even when they are)
- The psychological shift required to break free from financial stress
- How Profit First empowers business owners to build healthier, more resilient companies
- Real-life stories of transformation from Profit First adopters
- The role of certified Profit First Professionals in providing accountability and guidance
This episode is more than just a conversation, it’s a call to action for anyone who’s tired of working hard with little to show for it. Whether you're an accountant, bookkeeper, coach, or entrepreneur, this is your invitation to rethink what profit means - and how you can claim it.
Listen now and start putting profit first - in your business and in your life.
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