In this episode, I sit down with Mike Michalowicz whose book Profit First changed the way I see money in my business, how I look at profits, and how I pay myself. Mike talks about his new book Clockwork, his mission to serve underdog entrepreneurs, why he had to scrap three years of work and start over, and his goal of eradicating entrepreneurial poverty.
We also dive into the common thread between all businesses that make them efficient, why you must pay yourself first, how your relationship with your business is similar to that of conjoined twins, and what would change in your business after implementing the Clockwork methodology.
This was an awesome discussion with Mike I hope you enjoy. Now let’s jump right in and get to the straight talk!
What You'll Discover In This Episode:
Important Resources & Links From This Episode:
About The Guest:
Mike is the author of Profit First, Surge, The Pumpkin Plan, and his newest release Clockwork. By his 35th birthday, Mike had founded and sold two companies - one to private equity and another to a Fortune 500. Today he is running his third multi-million dollar venture, Profit First Professionals.
Mike is a former small business columnist for The Wall Street Journal and the former business makeover specialist on MSNBC. Over the years, Mike has traveled the globe speaking with thousands of entrepreneurs and is here today to share the best of what he has learned.
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Until next time, have a productive day!