Profit First: Transform Your Business from a Cash-Eating Monster to a Money-Making Machine (Entrepreneurship Simplified)
R**C
Game-Changer for Small Business Finances!
Profit First is hands down one of the most impactful books for entrepreneurs and small business owners. Mike Michalowicz breaks down financial management into a simple, actionable system that ensures you pay yourself first—rather than waiting to see what's left over.The biggest takeaway? Stop running your business check-to-check and start prioritizing profit. The step-by-step approach makes budgeting easy to follow, and the psychology behind the method is eye-opening. Implementing Profit First has helped me gain control over cash flow, reduce financial stress, and actually see my business grow sustainably.If you're struggling to make sense of your business finances or feel like you're working too hard for too little return, this book is a must-read. Practical, engaging, and truly transformative!
B**T
A Financial Revolution for Business Owners and : MY 2nd Copy!!
Mike Michalowicz's "Profit First" introduces a groundbreaking concept that flips traditional financial wisdom on its head: prioritize profit first. In a world where businesses typically emphasize revenue and expansion, this book campaigns a refreshingly unconventional approach—a perspective most entrepreneurs desperately need.WHY NOT PAY YOURSELF FIRST?????Michalowicz's engaging storytelling, enriched with real-life examples, simplifies finance and makes it accessible to all readers. The book's central focus is change in your approach to finances and how you think about your money. The system reshapes the reader's financial mindset, promoting disciplined money management. Prior to using this in business, I applied the system to my Personal/Professional Career and financials. BOOM!!! I had to personally reach out to Mike, this is powerful stuff!!The core takeaway is the "banking" system, without giving away too much. This approach compels business owners to allocate funds thoughtfully, breaking free from the paycheck-to-paycheck cycle, even within their businesses."Profit First" isn't just a book; it's a financial EXPLOSION kit. It challenges the hear say and presents an unconventional approach to financial growth. The message is clear: prioritize profit, and your business will reward you with resilience and prosperity."Profit First" ensures sustainable expansion. It shifts the focus from revenue to profit—a transformative concept in the world of business.The Profit First formula is straightforward yet profoundly impactful—a testament to the idea that the most effective solutions are often the simplest ones.In summary, "Profit First" is a revolutionary habit building process of financial management, offering a roadmap to lasting profitability and resilience.BUY THE BOOK & TAKE ACTION, OTHERWISE YOU HAVEN'T DONE ANYTHING TO BETTER YOUR PUMP!!
F**Q
I decided it was time to start my business because of this book...
After reading, Mike Michalowicz’s, “Profit First”, I am pumped up about starting my own business, but that’s only the beginning. This is not a “feel-good” type of book this is a “feel-great-because-you-REALLY-can-be-profitable” type of book. It’s the springboard to moving confidently in the right direction. Mike provides a REAL framework for success and outlines SPECIFIC numbers for us to implement at every stage. He doesn’t leave you hanging. Once you read this book, you will know how to manage your businesses finances step-by-step, literally step-by-step.My background is corporate recruitment, I’ve worked with several senior level executives, I’ve worked for one of the top rated business schools in both their MBA program and as a career coach to their undergrad students, these are my strengths and I’m grateful for the success I’ve had in these roles; however, despite the extreme privilege God has blessed me with in regards to my corporate business experience, I did not have a clue about managing my own, personal business world...until now.If you know anything about Mike, you know he’s engaging. He’s also authentic, ridiculously witty and funny but he also genuinely cares about your success. You will read through the pages of this book and feel like he’s personally coaching you and telling you about his mistakes and how he learned from them and how to help you avoid those pitfalls or what to do if you’re currently in a mess.I’ve been “following” Mike and reading his e-mails for well over five years. I wound up becoming a stay-at-home mom 6 years ago, knowing full well that someday, I would be able to pursue my dream of becoming an Independent Career Coach. When I read his introductory e-mail announcing the release of “Profit First”, I knew it was time to make that move. Each one of his e-mails I had read prior to that one gave me a renewed boost of hope and prepared me for what I’m about to “ad-venture” into. That’s how I visualize entrepreneurship, as an adventure, not just a venture and this book is the roadmap that will help me in my journey and not allow me to get lost on the way but reach my destination safe and sound and PROFITABLE!It’s hard to articulate just how well informed and confident you will be after reading “Profit First” but for a Latina who comes from very humble beginnings, with no one to model financial stability or wisdom and a significant fear of failure, this book will play a key role in changing the legacy for me and for the future of my family.Thank you, Mike, for using the gifts and talents (and tough experiences along the way) that God has blessed you with and sharing them for the good of others.
C**Y
Game-Changer for Small Business Owners!
Profit First completely changed the way I manage my business finances. Mike Michalowicz breaks down cash flow in a way that’s easy to understand and implement. The system forces you to prioritize profit by allocating money into separate accounts, ensuring you always have enough for taxes, expenses, and, most importantly, paying yourself!Since adopting this method, I’ve gained better financial control, reduced stress, and actually started seeing real profits. The book is engaging, with humor and real-world examples that make financial management feel doable—even for those who hate numbers.If you’re a business owner struggling with cash flow, this book is a must-read. Highly recommended!
Trustpilot
Hace 4 días
Hace 3 semanas