Profit First
Transform Your Business from a Cash-Eating Monster to a Money-Making Machine
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…
Mike Michalowicz founded and sold two multimillion-dollar businesses by his thirty-fifth birthday. He is the bestselling author of Profit First, The Pumpkin Plan, Clockwork, and Fix This Next. He has built two additional multimillion-dollar companies and has become one of the world's most popular speakers on small-business topics. Fabled author Simon Sinek deemed Mike Michalowicz “one of the top contenders for the patron saint of entrepreneurs.”
All In
Mike Michalowicz
Clockwork, Revised and Expanded
Mike Michalowicz; foreword by Gino Wickman
Get Different
Mike Michalowicz
Fix This Next
Mike Michalowicz
Profit First
Mike Michalowicz