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!