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Welcome to this episode of “Building the Premier Accounting Firm,” where we delve into the transformative power of specialization and self-sustaining business models in the accounting industry. Today, we are joined by the remarkable Cyndi Thomason, a Certified Profit First Professional and the visionary founder of Bookskeep. Cyndi has carved a niche in the e-commerce world by implementing innovative strategies that enhance profitability and operational efficiency. Together, we'll explore her journey from a diverse clientele to becoming a leader in e-commerce specialization, the benefits of niche focus, and the importance of building a resilient, independent business. Get ready for an inspiring discussion on balancing professional growth with personal life, and discover actionable insights to elevate your business to new heights. Cyndi's Journey to Profitability in E-Commerce: Began by helping a friend, leading to the adoption of Mike Michalowicz's “Profit First” methodology. Transitioned from a diverse client base to specializing in e-commerce, addressing specific challenges like technology and inventory management. Niche Specialization Benefits: Improved systems and targeted marketing strategies. Co-authored “Profit First for E Commerce,” focusing on inventory solutions and client narratives for relatability. Gained speaking opportunities and adapted to online advisory roles, particularly for women-owned brands. Delegation and Business Independence: Emphasized the importance of transferring processes to team members to ensure business sustainability. Implemented a four-week leadership vacation to identify organizational gaps and encourage autonomous decision-making. Personal experiences underscored the necessity of a dependable team during crises, allowing personal time for family. Balancing Business and Personal Life: Discussed challenges women face in balancing home and business duties, advocating for a supportive network. Outlined three stages of business ownership: job holder, enjoying ownership benefits, and becoming an investor or visionary. Transformation and Growth: Cyndi's evolution from a homeschooling mother to a successful e-commerce business owner using a profit-first approach. Collaboration with Michalowicz and niche specialization catalyzed significant business growth. Conclusion: Encourages serious approaches to life and business. Thanks to Cyndi for her insights. Promotes resources and networking opportunities for further business improvement. Call to Action: Explore the “Profit First” method for enhanced business profitability. Consider niche specialization to address specific industry challenges effectively. Build a reliable team to support business operations and personal priorities. Sponsors: Universal Accounting Center Helping accounting professionals confidently and competently offer quality accounting services to get paid what they are worth. Offers: Vist Cyndi's website: https://www.bookskeep.com/ Get a FREE copy of these books all accounting professionals should use to work on their business and become profitable. These are a must-have addition to every accountant's library to provide quality CFO & Advisory services as a Profit & Growth Expert today: “Red to BLACK in 30 days – A small business accountant's guide to QUICK turnarounds” – This is a how-to guide on how to turn around a struggling business into a more sustainable model. Each chapter focuses on a crucial aspect of the turnaround process - from cash flow management to strategies for improving revenue. This book will teach you everything you need to become a turnaround expert for small businesses. “in the BLACK, nine principles to make your business profitable” – Nine Principles to Make Your Business Profitable – Discover what you need to know to run the premier accounting firm and get paid what you are worth in this book, by the same author as Red to Black – CPA Allen B. Bostrom. Bostrom teaches the three major functions of business (marketing, production and accounting) as well as strategies for maximizing profitability for your clients by creating actionable plans to implement the nine principles. “Your Strategic Accountant” - Understand the 3 Core Accounting Services you should offer as you run your business. Help your clients understand which numbers they need to know to make more informed business decisions. “Your Profit & Growth Expert” - Your business is an asset. You should know its value and understand how to maximize it. Beginning with the end in mind helps you work ON your business to build a company you can leave so that it can continue to exist in your absence or build wealth as you retire and enjoy the time, freedom, and life you want and deserve. Learn what it is you can do to become an author, leveraging your expertise to market your services effectively and get the clients you deserve. This is a webinar you don't want to miss. Learn from Mike Capuzzi what a Shook is and how you can use it to position yourself as the Premier Accounting Firm in your area. This is a must-see presentation so get ready to take some great notes. In addition to becoming an author, see what you can do to follow the Turnkey Business plan for accounting professionals. After more than 40 years we've identified the best practices of successful accountants and this is a presentation we are happy to share. Check it out and see what you can do to be in business for yourself but not by yourself with Universal Accounting Center. It's here you can become a: Professional Bookkeeper, PB Professional Tax Preparer, PTP Profit & Growth Expert, PGE Next, join a group of like-minded professionals within the accounting community. Stay up-to-date on current topics and trends and see what you can do to also give back, participating in relevant conversations as they relate to offering quality accounting services and building your bookkeeping, accounting & tax business. The Accounting & Bookkeeping Tips Facebook Group The Universal Accounting Fanpage Topical Newsletters: Universal Accounting Success The Universal Newsletter Lastly, get your Business Score to see what you can do to work ON your business and have the Premier Accounting Firm. Join over 70,000 business owners and get your score on the 8 Factors That Drive Your Company's Value. For Additional FREE Resources for accounting professionals check out this collection HERE! Be sure to join us for GrowCon, the LIVE event for accounting professionals to work ON their business. This is a conference you don't want to miss. Remember this, Accounting Success IS Universal. Listen to our next episode and be sure to subscribe. Also, let us know what you think of the podcast and please share any suggestions you may have. We look forward to your input: Podcast Feedback For more information on how you can apply these principles to start and build your accounting, bookkeeping & tax business please visit us at www.universalaccountingschool.com or call us at 8012653777
On this episode, Jennifer McIver, Associate Director of Legal Operations & Industry Insights, is joined by Jim Michalowicz, Sr. Manager of Legal Operations Business Performance at TEConnectivity.This episode offers valuable insights into the intersection of law and business, providing how the practical application of business principles can shift the value proposition of the legal department to become the protector of assets.Both participants discussed the importance of enhancing productivity and driving growth in legal departments by transforming them from cost centers to profit centers. They highlighted the crucial role of leadership support in fostering innovation and shared strategies to market the legal department through use of productivity-based KPIs, as well as leveraging data to create productivity-based legal fee arrangements.
Sermon by Brooklyn Michalowicz, "The Power of Apology: Four Steps to Teshuvah"October 4, 2024
Eigentlich kenne ich Simon über seine Norwegen Wanderungen und Vorträge, doch mittlerweile ist Simon auch Gravel Fahrer. Wir sprechen über Abenteuer, alleine sein, den Kampf mit sich selber und natürlich über das erste Globetrotter Gravel Camp im Erzgebirge welches wir zusammen ins Leben gerufen haben. Was darf an einem Gravel Abend unter outdoor menschen nicht fehlen , was bedeutet ihm Rad fahren und wieso ist er jetzt nach Norwegen ausgewandert . Infos und Anmeldung zum Camp: https://www.erzgebirge-tourismus.de/gravel-camp-erzgebirge
Welcome to Boostly Podcast Episode 720. On this episode of the Boostly podcast we sit down with Mike Michalowicz who has had a big influence on Mark and the company. We then dive into an in-depth discussion about Michalowicz's book, 'All In'. Mark talks about his anticipation and preparation for this special 'hat trick' appearance of Michalowicz on his podcast, aiming to ask novel questions specifically about the book. Michalowicz shares insightful details about his 'All In' approach, including his philosophy on hiring, the importance of recognizing an individual's potential through curiosity, desire, and thirst, and the concept of conducting deep dive interviews to understand personal and professional visions of team members. Additionally, Michalowicz emphasizes the significance of aligning personal visions with business objectives, open-book management for financial transparency, and the collective vision over individual corporate goals. The conversation also touches upon Michalowicz's personal experiences, his European heritage, and his future projects including a 'Profit First' workbook designed to aid entrepreneurs in correctly implementing the Profit First model. Moreover, the script ends with a call to action for listeners to check out 'All In' and other resources offered by Michalowicz. https://mikemichalowicz.com/ https://Boostly.co.uk https://Boostly.co.uk/5steps https://instagram.com/boostlyuk https://Boostly.co.uk/podcast Learn more about your ad choices. Visit megaphone.fm/adchoices
In this episode of The Fully Booked Photographer the team shares a webinar from Mike Michalowicz about implementing his “Get Different” marketing techniques for photographers. They discuss brainstorming different marketing ideas for various genres of photography like weddings, portraits, and newborns. Mike Michalowicz leads the team in an idea mining session where they rapidly generate ideas without judging them initially. Some ideas discussed include partnering with jewellers to offer engagement sessions with ring purchases, offering newborn sessions or family portraits to wedding clients, and using TikTok videos of product unboxings to promote the business. In this episode you will hear: Four unique marketing ideas for wedding photographers Partnership ideas between newborn and wedding photographers Ways to use videos on TikTok and Instagram to promote the business Discussion of the idea mining process and techniques for expanding on ideas as outlined in Michalowicz's book “Get Different: Marketing That Can't Be Ignored!” Join the Difference Maker Revolution at www.TheDifferenceMakerRevolution.com and get started with our FREE training. The Fully Booked Photographer is the podcast that will help you grow your photography business by teaching you how to improve your marketing to get better leads, increase conversations with your ideal clients and generate more profit for your photo-based business, whether that is through eliminating the seasonality of your sessions or filling up the calendar of your studio. This show is brought to you by the industry experts from the Business Success Academy, Ronan Ryle - Board of Directors of the PPA, Professional Photographers Of America; Photography-marketing funnel specialist Jonathan Ryle; 7-figure entrepreneur, including a successful 3rd generation photography business, Bradley Bulmer; and published author and successful children's studio owner in Tampa Jeanine McLeod. Tune in to this show for real-world experience, outside perspective, industry knowledge and mentorship that is usually only accessible to members of BSA's Photography Marketing Accelerator and listen to the business growth tactics that generate highly targeted leads and bookings for your photography brand. Through this fun, educational, inspirational, innovative and high-energy show, The Fully Booked Photographer aims to share the mission of Creating A Healthier Society Through Photography.
Join us on February 1 & 2, 2024 at Coach Builder Summit, the ultimate free livestream event all about helping coaches and consultants build and grow their businesses. Lock in your spot at CoachBuilder.com/CoachSummit. -- It's not easy to build and manage diverse and productive teams. First, you've got to find the right people with the right mix of skills, then you've got to retain them over the long-term. Oh, and don't forget about creating the kind of workplace culture where everyone can thrive! The anxiety and uncertainty surrounding team building can slow the growth and success of any business. So what are some practical solutions business owners can turn to when assembling their dream team? In today's episode, Donald Miller is joined by author and entrepreneur Mike Michalowicz to talk about how to recruit and retain a team of top talent. They discuss Michalowicz's new book All In, which shows you what it takes to become a great leader and build an unstoppable team. You'll walk away with useful tips that will help you overcome your fears and worries about the dynamics on your team. Listen in and learn effective ways to make changes inside your company, share responsibilities, and make sure everyone's personal goals align with the company's vision. -- STUCK TRYING TO GROW YOUR BUSINESS? SUBMIT YOUR QUESTION FOR A CHANCE TO HAVE DON COACH THROUGH IT ON THE SHOW: BusinessMadeSimple.com/Podcast PRE-ORDER COACH BUILDER THE BOOK AND TRANSFORM YOUR EXPERTISE INTO A LUCRATIVE CONSULTING CAREER: CoachBuilderBook.com/Podcast FIND AND FOLLOW US ON INSTAGRAM: Instagram.com/BusinessMadeSimple
On the Schmooze Podcast: Leadership | Strategic Networking | Relationship Building
Today's guest is the entrepreneur behind 3 multi-million dollar companies, having founded and sold two of them before reaching his 35th birthday. He is a former small business journalist for The Wall Street Journal, and he is the author of “Profit First,” “The Pumpkin Plan,” and “The Toilet Paper Entrepreneur,” which BusinessWeek deemed “the entrepreneur's cult classic.” His books have been translated into over 10 different languages. A popular keynote speaker, he travels the globe as an entrepreneurial advocate, is an active partner in multiple companies, including an American manufacturer, a business growth consultancy, an augmented reality tech firm, and a certification organization for accountants, bookkeepers, and business coaching. He also created the Profit First Formula, a way for businesses large and small to ensure profitability from their very next deposit forward. Please join me in welcoming Mike Michalowicz.
The Action Academy | Millionaire Mentorship for Your Life & Business
Mike Michalowicz is the Best Selling Author of "Profit First" (REPLAY)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 cows. Using Michalowicz's Profit First system, readers will learn that:· Following 4 simple principles can simplify accounting and make it easier to manage a profitable business by looking at bank account balances.· A small, profitable business can be worth much more than a large business surviving on its top line.· Businesses that attain early and sustained profitability have a better shot at achieving long-term growth.Want To Quit Your Job, Build Your Own Business, And Travel / Impact The World?Check Out The Action Academy Community / Schedule A Free Intro CallLearn How To Buy Real Estate & Businesses In 5 Minutes Per Week:Join Our Weekly Newsletter Follow Me As I Travel & Build:Twitter @theactionpodIG @brianluebbenTiktok @brianluebben
Sermon by Rabbinic Intern Brooklyn Michalowicz, "Eyes Wide Open: Envisioning Deeper Connections"December 29, 2023
In this episode, Enoch Sears explores a pressing issue many architects face: effectively managing profit within their firms. He invites Mike Michalowicz, an esteemed author and entrepreneur, to shed light on this challenge. Together, they delve into the intricacies of achieving financial success in the entrepreneurial world. Michalowicz, known for his revolutionary approach to business finance, shares his global experiences and insights, gathered from his extensive travel and interactions with entrepreneurs across different cultures. The conversation highlights the universal challenges faced by entrepreneurs and the innovative mindset needed to overcome them. Michalowicz also discusses his latest book, which promises to transform leadership and team-building strategies. The episode tantalizes listeners with discussions on unique, behavior-based financial strategies, and practical advice for business growth, making it a must-listen for anyone aiming to bridge the gap between their entrepreneurial aspirations and reality. Discover the universal entrepreneurial challenges and innovative solutions discussed by Michalowicz. Learn about a groundbreaking approach that transforms traditional financial management in business. Uncover the critical connection between personal habits and professional success. Get a sneak peek into Michalowicz's latest book, which promises to revolutionize leadership and team building. To learn more about Mike, visit his: Website: https://mikemichalowicz.com/profit-first/ Congratulations to the 200 Club members (find out about the 200 Club by clicking here): Drew & Justine Tindall Christopher Brandon Mark Elster Sven Lavine Joost Bende Thomas Norton Molly Wheelock Ian & Toni Wilson Jeffrey Frame Ryan Sollars ► Transcription: https://otter.ai/u/piENDftxfyINE0UyVkcO5ZPPNDs?utm_source=copy_url ► Feedback? Email us at podcast@businessofarchitecture.com ► Access your free training at http://SmartPracticeMethod.com/ ► If you want to speak directly to our advisors, book a call at https://www.businessofarchitecture.com/call ► Subscribe to my YouTube Channel for updates: https://www.youtube.com/c/BusinessofArchitecture ******* For more free tools and resources for running a profitable, impactful, and fulfilling practice, connect with me on: Facebook: https://www.facebook.com/groups/businessofarchitecture Instagram: https://www.instagram.com/enoch.sears/ Website: https://www.businessofarchitecture.com/ Twitter: https://twitter.com/BusinessofArch Podcast: http://www.businessofarchitecture.com/podcast iTunes: https://podcasts.apple.com/us/podcast/business-architecture-podcast/id588987926 Android Podcast Feed: http://feeds.feedburner.com/BusinessofArchitecture-podcast Google Podcasts: https://podcasts.google.com/feed/aHR0cHM6Ly9idXNpbmVzc29mYXJjaGl0ZWN0dXJlLmxpYnN5bi5jb20vcnNz ******* Access the FREE Architecture Firm Profit Map video here: http://freearchitectgift.com Download the FREE Architecture Firm Marketing Process Flowchart video here: http://freearchitectgift.com Carpe Diem!
Each year, roughly four million books are published. Four million. Considering that staggering number, how can an author hope to make it—make a living, make their mark, make a difference? First and foremost, by avoiding the “better business card” and other shortcut approaches to writing and publishing a book. In their podcast, Don't Write That Book, writing partners Mike Michalowicz (Profit First, Clockwork, The Pumpkin Plan, and more) and AJ Harper (Write a Must-Read) offer a rare behind-the-scenes look into what it really takes to write a must-read book—and sell the heck out of it. Building on their decades of experience in publishing, Mike and AJ share frank conversations and deep dives about every aspect of authorship in the hopes of inspiring you to write a better book—the book you were called to write.Subscribe now and listen now on Apple Podcasts, Google Podcasts, Audible, Spotify, or Pandora.
In episode 300 of the Practice of Therapy Podcast, we delve into a transformative approach to the hiring process: recruiting workshops. Traditional interviews, as it turns out, have proven to be less effective than anticipated, with a mere 10% of candidates hired through this method turning out to be great performers within organizations. This often results in mishires and mismatches that hinder a company's growth. Entrepreneur Mike Michalowicz, known for his groundbreaking book "Profit First," is on a mission to change the hiring game. Drawing inspiration from his focus on prioritizing profit, Michalowicz advocates for the adoption of recruiting workshops as the future of effective hiring. These workshops, which have seen success in the sports industry, offer a hands-on approach to evaluating candidates. They allow employers to witness potential hires in action, assessing their skills, problem-solving abilities, and collaborative aptitude. By immersing candidates in real-world scenarios and tasks, employers can gain a deeper insight into their capabilities and suitability for the organization. In this episode, we explore how recruiting workshops can revolutionize talent acquisition, elevate organizational success, and foster a paradigm shift in hiring, emphasizing unproven abilities and task-centric talent matching. Join us for an eye-opening discussion on the future of effective hiring practices. Resources Mentioned In This Episode: Use the promo code "GORDON" to get 2 months of Therapy Notes free The PsychCraft Network The Practice of Therapy Community Instagram Mental Health Templates Mental Health Wear Mike's Website Mike on Instagram Mike on Facebook Profit First
Uncomplicate Your Business | Small Business Strategy for Women Entrepreneurs
We women entrepreneurs keep underpricing ourselves when offering the same service or product as our male counterparts. On average, we price up to 20% less. When I first heard that, I was blown away!Pricing is one of the quickest and most powerful ways to adjust your business trajectory and make it more sustainable. I've seen it in my business and those of my clients. So in this episode of the Promote Yourself to CEO podcast, you'll learn why properly pricing your offers is the first step to designing a successfully sustainable business and how to figure out the math in your pricing.On this episode of Promote Yourself to CEO:4:49 - What is the feast or famine zone, and does your business fall into it? 13:43 - Discover the two biggest reasons why businesses in this zone struggle to compete. 16:54 - I demonstrate how underpricing can easily lead to overworking by using the example of a wedding photographer.20:07 - Taking the wedding photographer example further, this simple step is an easy way to improve your profitability and ease burnout.25:07 - What if you want to double your rates? You need to take a deeper look at these factors in your business.30:27 - Pricing impacts other aspects of your business. Michalowicz's Profit First percentages can help you figure out the math to meet your revenue goal.33:46 - I push back against the hype of online gurus who have a certain mindset about pricing and the need for a large audience to get enough clients and customers.38:27 - What if you're not used to selling at a higher price or booking multiple sessions at a time per client?45:51 - Keep these questions in mind as you crunch your numbers.Mentioned in Why Underpricing (and Overdelivering) Is Creating Business BurnoutProfit First by Mike MichalowiczThe Get Paid CalculatorThe CEO CollectiveRacheal on Instagram and TikTokRate and review on Apple Podcasts
In the enlightening podcast episode featuring Mike Michalowicz, a renowned entrepreneur and author, the focus centers on unraveling the secrets to building successful teams within the context of a business environment. Drawing from his extensive expertise, Michalowicz shares valuable insights and practical strategies for creating cohesive and high-performing teams. Throughout the episode, he places significant emphasis on the pivotal role of effective leadership in shaping a thriving team culture, and aligning team members' strengths with the overarching goals of the organization. The conversation delves into Mike Michalowicz's profound understanding of team dynamics and leadership, providing valuable takeaways for listeners seeking to enhance their team-building skills. Michalowicz underscores the importance of empowering leaders who can inspire and motivate their team members to perform at their best. By fostering an environment of open communication and innovation, Michalowicz demonstrates how businesses can unleash the full potential of their teams. He also introduces his concept of "Clockwork Teams," derived from his acclaimed book "Clockwork: Design Your Business to Run Itself." This framework optimizes team productivity and efficiency, allowing businesses to function smoothly and sustainably. In summary, the podcast offers a wealth of wisdom and actionable insights for anyone seeking to unlock the true potential of successful teams and drive lasting success in their organizations. Website: https://mikemichalowicz.com/
Meet Brandon Neely, the dynamic force behind Wealth Wisdom Financial Partners, LLC. Brandon's multifaceted journey, starting from his service in the Marine Corps, music industry involvement, to eventually establishing his own coffee shop before selling it in 2018, provides a unique perspective to financial management. His entrepreneurial spirit is mirrored in his current venture, where he's passionately carving out a niche with his "Still" Method of Investing, which is currently in the process of being trademarked and developed into an enlightening course.In this fiery episode, Brandon uncovers how his comprehensive background fuels his ambition to positively transform people's lives. We talk about his calling to drive justice, foster understanding about the mechanics of money, and his sincere advocacy for authenticity in an era of superficiality. Brandon also shares his unique take on accepting responsibility for not only your actions but your employees' actions too. So, buckle up, tune in, and join us in this enthralling journey of exploring the unexplored!
John Pajak compares Dave Ramsey's Envelope System vs Mike Michalowicz's Profit First System. Then he throws them into a blender, so you get a super-tasty strategy that forces you to be successful. Comments and Questions are welcome. Send to ProfitswithPajak@gmail.com Episode Links: Save $25 and meet me on Podcast Row at the HUGE Convention August 23-25 in Nashville, TN Want to go deep into your numbers to maximize your profits? Sign up for the Budgets, Breakevens, and Bottom Lines™ Workshop at www.JohnPajak.com Yardbook Training Workshops can streamline your business and make you more money. Click to sign up now. Save 50% on your Equip Expo 2023 Tickets! Show Sponsors: Simplify your business and be more profitable. Please visit www.Yardbook.com Get 30 days of Premium Yardbook for FREE when you sign up with promo code PAJAK
The Action Academy | Millionaire Mentorship for Your Life & Business
Mike Michalowicz is the Best Selling Author of "Profit First" 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 cows. Using Michalowicz's Profit First system, readers will learn that:· Following 4 simple principles can simplify accounting and make it easier to manage a profitable business by looking at bank account balances.· A small, profitable business can be worth much more than a large business surviving on its top line.· Businesses that attain early and sustained profitability have a better shot at achieving long-term growth.https://mikemotorbike.comAre you wanting to: Make More Money (Passively & Actively) ? Find Peers, Mentors, Partners, and Friends (Like YOU) ? Replace your 9-5 Salary through real estate and business acquisition within six to twelve months? If So - Click the Link below and let's chat for 15 minutes. I'll coach you for free:Apply For The Action Academy CommunityFor Frameworks, Freedom Tips, and Millionaire Financial Breakdowns:Join Our Weekly Newsletter Twitter @theactionpodIG @brianluebbenTiktok @brianluebben
Steve Harper Interviews Sharon Michalowicz President of Long Island Bookkeeping Solutions -- qbpros4u.com/https://onlineradiobox.com/search?cs=us.pbnnetwork1&q=podcast%20business%20news%20network&c=ushttps://mytuner-radio.com/search/?q=business+news+networkhttps://streema.com/radios/search/?q=podcast+business+news+network
Steve Harper Interviews Sharon Michalowicz President of Long Island Bookkeeping Solutions -- qbpros4u.com/https://onlineradiobox.com/search?cs=us.pbnnetwork1&q=podcast%20business%20news%20network&c=ushttps://mytuner-radio.com/search/?q=business+news+networkhttps://streema.com/radios/search/?q=podcast+business+news+network
Steve Harper Interviews Sharon Michalowicz President of Long Island Bookkeeping Solutions -- qbpros4u.com/
In this episode, we'll be discussing all things finance - personal finance, business finance, budgeting, and more. First up, we'll be covering personal finance according to Dave Ramsey's framework. Dave Ramsey is a well-known personal finance expert and the creator of Financial Peace University. His framework, known as the "Baby Steps," has helped millions of people get their money in order and achieve financial peace. In the second half of the show, we'll be shifting our focus to business finance. We'll be discussing Mike Michalowicz's Profit First Framework, which is a system for managing the financial health of your business. Michalowicz is the author of several books on business finance, including the popular book "Profit First." Pick up your copy of Profit First on Amazon Text your comments and questions at 502-833-6136. Follow the show on the socials: Twitter: @jmsmith8094 Facebook - @marketplaceministrypodcast Instagram - @marketplaceministrypodcast Clubhouse - @jmsmith8094 Wisdom - @marketplaceministrypodcast Interested in 1:1 coaching with Jason? Learn more at https://marketplaceministrypodcast.com/coaching Join the Kingdom-Minded Entrepreneurs Mastermind to grow your faith so you can grow your business and make an impact for Jesus in the marketplace. Learn more at https://marketplaceministrypodcast.com/mastermind --- Send in a voice message: https://podcasters.spotify.com/pod/show/jason-smith79/message Support this podcast: https://podcasters.spotify.com/pod/show/jason-smith79/support
Our guest has always been committed to serving the community. His career in the marines has spanned several years, and he has served the community as a firefighter and lieutenant for 12 years. His calling eventually turned to housing development and helping others build homes. Through his military and firefighting experience, he has developed strong leadership skills. Using real estate to improve his community is his mission and focus. We invite you to join us today to learn more about the difference between small and large contracts. Learn some techniques from Josue on how he acquired his 230 projects and plans to add more. If you are a real estate developer, what can you learn from this guy who has rapidly expanded his business? Getting the necessary answers and strategies is just a few clicks away, so start listening now. Josue Velney is the founder and CEO of Velney Development, LLC. He served in the Marine Corps for five years. His service in his community as a firefighter and lieutenant spanned twelve years after he returned home. Currently, Josue works full-time as a real estate developer, where he is an expert at assessing the level of rehab needed to bring a project up to market value and develop large projects from scratch. Why you need to check today's episode: Learn about VA loans and how to get them. Why should you take advantage of this? Find out the difference between working on a small project and a big one? What are the important factors to consider? And; Get some tips from our guest on how you look at properties. The methods used. Find out how you can determine whether a deal will succeed or not. “At the end of the day, as a team leader and as a developer, if the project is successful or not, it's your fault. So you better educate yourself.” - Josue Velney Topics Covered: 1:36 - “And it just so happened that I took a makeup exam when I was home on leave on Christmas leave. And from there, I was selected. I was number four on the list, but its own fire department. So basically, it was a kind of smooth transition. The Marine Corps actually allowed me to leave a month early just so I could start training for the fire department.” In this story, Josue describes what it is like to be a member of the navy's first responder unit. How did he go from being a marine to becoming a firefighter? 3:24 - “I took the real estate course. I didn't get my license at the time. A few years later, I did. And I just kept asking everybody that owns one house or two houses, how did you do it? What do I need to know started going to first-time homebuyer courses and just really diving in deep and started realizing that a lot of the skill sets that I learned in the military could apply to real estate.” What made him realize that real estate is something he wants to do in life, and how he got into it? 5:22 - “VA loan is one of the two options that government options offer for 100% financing, the other one being the USDA, which is more rural. And so a lot of the military guys don't use strategy to buy their first home with a VA, which is smart. Comparison of a VA loan versus a conventional or an FHA loan. 11:47 - “Don't go to somebody you don't know and just say, hey, what can you do for me? It should be the other way around, like, what can I do for you?” The importance of mentorship cannot be overstated. Investing in relationships is the most effective way to succeed. 15:56 - “I have used seller financing, where the seller literally helped me get enough capital to close on that deal. So basically, what that looked like was the bank would lend 80% of the deal. I had 10% in, and the seller had 10% Hold back in.” He describes how he acquired his 230 units; what was it like to work all those hours? 21:08 - “So just making that decision, it was when I decided, I don't have enough time to really put into the real estate as much as and I acquire too much real estate, it needs my time, I might get a call about having to coordinate with a plumber, and I'm on a, I'm doing CPR, like, two hours later, the basements flooded, or whatever made, like make might happen, you really can't deal with that. So I think that was a big defining factor.” In the long run, what made him decide to become a real estate developer instead of serving his country? It was when he realized he was born to be a developer that he realized he was destined for it. 23:46 - “I think it's a combination of a few things like we already talked about. It is when you put your head down and you're working very, very hard. It seems like more people are going to help you, and they want to kind of guide you and show you how to do it. And sometimes, those come in the form of partners.” Here's how Josue transitioned from searching for a place to live to developing 230 units. In what ways was he able to expand his project? 30:05 “I prefer to do ground up, because one reason I prefer to do ground up, most people are afraid of it, because of the education and the risks, to really have a strong understanding of it, it just makes the markets that much smaller.” Josue describes his methods for searching for houses. Is there a particular way he looks at properties, and what are some of his strategies? 35:51 - “Like, Mike was talking about that sweet spot of, you know, 3040 units, that is good as an area where you're gonna get a better contractor, but you're not one of these big, big super big development companies that have to keep feeding the machine, right? They're super competitive, and they have more capital, and 40 units are not worth their capital raising.” What makes a contract for a small project different from one for a large project? 44:44 - “ So I do have a joint venture partner that has more experience than I do that has been doing this a lot longer than I have, but we're all going to be raising capital, friends, and family. It's no different. It's really no different if you're trying to raise capital for a fund." Josue discusses where his fund comes from, and his exit strategy is. 51:36 - "So like, I calculate it out, there's not just one metric you use to pencil these things out. It's your square foot, what's your bed and bathrooms going to get, what you buy, your land from, and what you have to give to the government to make them happy. There are a lot of moving metrics in this. But once you learn it, it's a skill for life. As long as you change the goalposts and move the goalposts, you're good.” Is there a way for you to know if the deal will work? Take the time to listen to the techniques discussed 53:38 - “Honestly, I think I would. I would do it all the same. I think it has gone great. It's not as gone perfect. But I mean, my company was, or I was, you know, 40 under 40 Boston Business Journal I got a citation from the governor's office.” Josue was asked if he had any advice for himself, and here's what he said. Key Takeaways: “I believe the money is secondary if you're willing to just sit there and educate yourself. The money is literally endless when you have the right knowledge and the right mindset.” - Josue Velney “In some cases, I would argue it probably takes less effort to do a little bit bigger than the smaller stuff. But you get a disproportionate amount of return.” - Mike Webb “My why it's always changing. But the real focus is just community. If you look at my military career, what I have been able to do is serve my country. When I was a single firefighter, I was able to serve my community right. And now I still continue to serve my community by providing housing, you know, it's really, in what I found is when I take care of my community, my community takes care of me.” - Josue Velney Resources Mentioned: Your First 100 Million:Your First 100 Million by Daniel S. Peña | Goodreads The Pumpkin Plan: A Simple Strategy to Grow a Remarkable Business in Any Field: Amazon.com: The Pumpkin Plan: A Simple Strategy to Grow a Remarkable Business in Any Field: 9781591844884: Michalowicz, Mike: Books Joe Asamoah, MBA, PHD: Dr. Joe Asamoah | Real Estate Investing Connect with Josue Velney: Facebook: https://www.facebook.com/profile.php?id=100060571653411 Instagram: https://www.instagram.com/josue_velney/?hl=en Twitter: https://twitter.com/velneydev Website: https://www.velneydevelopment.com/ LinkedIn: Velney Development: Overview | LinkedIn Connect with First Responder Financial Freedom: Website: https://firstresponderfinancialfreedom.com/ Facebook Page: https://www.facebook.com/First-Responder-Financial-Freedom-104285545708905 Facebook Group: https://www.facebook.com/groups/516680892660393
Uncomplicate Your Business | Small Business Strategy for Women Entrepreneurs
We women entrepreneurs keep underpricing ourselves when offering the same service or product as our male counterparts. On average, we price up to 20% less. When I first heard that, I was blown away! Pricing is one of the quickest and most powerful ways to adjust your business trajectory and make it more sustainable. I've seen it in my business and those of my clients. So in this episode, I discuss why properly pricing your offers is the first step to designing a successfully sustainable business. On this episode of Promote Yourself to CEO: 3:36 - What is the feast or famine zone, and does your business fall into it? Discover the two biggest reasons why businesses in this zone struggle to compete. 8:40 - I demonstrate how underpricing can easily lead to overworking by using the example of a wedding photographer. 12:18 - Taking the wedding photographer example further, this simple step is an easy way to improve your profitability and ease burnout. 14:42 - What if you want to double your rates? You need to take a deeper look at these factors in your business. 17:42 - Pricing impacts other aspects of your business. Michalowicz's Profit First percentages can help you figure out the math to meet your revenue goal. 20:43 - I push back against the hype of online gurus who have a certain mindset about pricing. There's a reason why I primarily work with service providers. 23:50 - What if you're not used to selling at a higher price or booking multiple sessions at a time per client? 26:55 - Here's why you don't need a large audience to get enough clients for your higher-priced programs and services. I give you a behind-the-scenes look. 28:52 - Keep these questions in mind as you crunch your numbers. Mentioned in Why Underpricing (and Overdelivering) Is Creating Business Burnout Profit First by Mike Michalowicz The CEO Collective The CEO Planner Racheal on Instagram and TikTok Leave a review on iTunes
Let's talk money, honey! This one is for all the savers and spenders out there. Joining Jenny to talk all things finance is small business and financial professional Amanda Neely, who shares her take on bringing femininity into the conversation about money, recommendations for saving and investing, and profitability strategies for businesses. Check out the Grandma's Wealth Wisdom website! Mike Michalowicz - Profit First: Transform Your Business from a Cash-Eating Monster to a Money-Making Machine JOIN The YOUR BEST BODY PRIVATE COMMUNITY and for the Password say "Jenny invited me"JOIN The YOUR BEST BODY PROGRAM If you enjoyed this episode, make sure and give us a five star rating and leave us a review on iTunes, Podcast Addict, Podchaser and Castbox. STRONG Fitness Magazine Subscription Use discount code STRONGGIRLResourcesSTRONG Fitness MagazineSTRONG Fitness Magazine on IGTeam Strong GirlsCoach JVBFollow Jenny on social mediaInstagramFacebookYouTube
Rebbetzin Gail Michalowicz is the rebbetzin of the Westmount Shul and Learning Center in the Thornhill Jewish Community of Toronto. She talks to us about the astounding parallels between exercise and Torah. Just like we have a personal trainer at the gym to help us workout our bodies, Hashem is the personal trainer of our soul. Just like the trainer at the gym starts us off using lighter weights and fewer exercise repetitions, Hashem starts us off with small challenges until our spiritual muscles strengthen and then He gives us harder challenges to make us stronger internally. Rebbetzin Gail emphasizes that we need to have a healthy body so that our soul can do its job. --- Send in a voice message: https://anchor.fm/vera-kessler/message
Property management growth expert, Jason Hull, has coached and helped hundreds of property management entrepreneurs change their businesses and lives. After all this time observing the industry, he offers an outside perspective on the kinds of software every PM entrepreneur needs. In this episode, Jason Hull describes the ultimate stack of software for property management entrepreneurs, from the back office and maintenance to process documentation and hiring. You'll Learn… [03:00] The Best Back Office PM Software [05:26] Managing Maintenence Requests [08:11] Doing Showings with Tenant Turner, ShowMojo, and Rently [10:00] Inspection Software and Sales CRMs [12:08] What you Need for Processes, Task Management, and Hiring [18:26] Why to Use the Profit First System Tweetables “I don't use property management software because I don't actually manage rental properties, right? But I have talked to thousands of property managers, and so I am kind of like the magic fly on the wall.” “Leads are really only good for about the first five minutes.” “I want to be able to pick the best tools because software's way cheaper than people.” “Shift away from one-off showings to open houses. This is going to be significant in collapsing time there. It creates a sense of false scarcity.” Resources DoorGrow and Scale Mastermind DoorGrow Academy DoorGrow on YouTube DoorGrowClub DoorGrowLive TalkRoute Referral Link Transcript [00:00:00] I want to be able to pick the best tools because software's way cheaper than people, so even some of the most expensive software might only cost you maybe a thousand or 2000 bucks a month, right, if it were really expensive. People usually cost you more than a thousand or 2000 bucks a month. [00:00:14] Welcome DoorGrow Hackers to the #DoorGrowShow. If you are a property management entrepreneur that wants to add doors, make a difference, increase revenue, help others, impact lives, and you are interested in growing in business and life, and you're open to doing things a bit differently, then you are a DoorGrow Hacker. DoorGrow Hackers love the opportunities, daily variety, unique challenges, and freedom that property management brings. Many in real estate think you're crazy for doing it. You think they're crazy for not because you realize that property management is the ultimate, high trust gateway to real estate deals, relationships and residual income. [00:00:51] At DoorGrow, we are on a mission to transform property management business owners and their businesses. We want to transform the industry, eliminate the BS, build awareness, change perception, expand the market, and help the best property management entrepreneurs win. I'm your host, property management growth expert, Jason Hull, the founder and CEO of DoorGrow. Now, let's get into the show. [00:01:14] So we're going to talk about the ultimate property management software stack. I get this question all the time, property management software, "what's the ultimate stack?" Or "what software should I use?" Or "I've heard about this," or "we're using this, is this the best?" And I don't use property management software, right? I don't use property management software because I don't actually manage rental properties, right? But I have talked to thousands of property managers, and so I am kind of like the magic fly on the wall that's gotten more info and I don't think there's any other coach, anybody else out there that has the insight or the views or knowledge that I have. And so let me share with you just based on the feedback that I've gotten from property management business owners, my nerdiness related to software (I'm kind of nerdy.) This is what if I were starting property management company, this is the stack that I would use. And I don't think I have relationships with any of these, so they're not paying me to say this. One of the vendors might give me some sort of incentive or something if I send them business, but I don't even know if they're sending me stuff. I don't pay attention to it. [00:02:25] So, here's kind of the ultimate stack based on what I know right now. And somebody may be watching this and they might think, "there's something better, Jason." If you know that there's something better, comment what you love and what you use and what you think is the ultimate stack. If you're a software geek, if you're a research geek, if you put in a lot of time and energy into this, I'd love to hear from you because I'm always looking for what's best for my clients and for everybody in the industry at large. So for single family, residential property management companies, which is largely the target audience that I focus on, this is the ultimate stack. [00:03:00] So first, basic, you need some sort of back office property management software. This is going to help you with the accounting piece and keeping track of all your rental properties. This is going to be the main sort of foundational piece in your business software- wise. , Usually I would recommend rentmanager.com. So Rent Manager... I just, I hear the most positive feedback on Rent Manager. And so I recommend that you take a look at that software. Now, I know it's really hard to switch software, so if you are using AppFolio or Buildium or Rentec Direct or Propertyware, or-- gosh, what else is out there? I don't know-- any of these tools, I'm not telling you, you should go switch software. Yeah. You know, it's hard. It's really hard to switch software, and usually people spend a lot of time, a lot of money, a lot of energy to switch software only to notice the other software is missing some things that they liked in the previous one or has some other problems. [00:04:03] And so that's not generally super effective to do that. So the reason I like Rent Manager, let me explain this and maybe a little bit about why I don't like some of the others, right. Some of the challenges. One of the most common is AppFolio. So one of the reasons I wouldn't choose AppFolio is because AppFolio does not have an open API. Now granted, they have a lot of tools, right? So maybe you don't need it is the justification, but I like to pick the best tools. I don't want one Jack of all trades master of none, maybe master of some, maybe master of a few. I want to build the ultimate stack, and if I'm going to build the ultimate stack, that means I need to be able to pick and choose and create my ultimate Swiss army knife, my ultimate multi-tool, the ultimate thing that I want. And so I want to be able to pick the best tools because software's way cheaper than people, so if I can pick a software, even if it's more expensive or it's additional, instead of translating or transferring that cost onto the shoulders of humans and staffing costs, and I can just mitigate a little bit of staffing costs, it's totally worth it to me. So even though some of the most expensive software might only cost you maybe a thousand or 2000 bucks a month, right, if it were really expensive, people usually cost you more than a thousand or 2000 bucks a month, unless you're getting part-time people or people in the Philippines or something. [00:05:26] Then usually you need something on the maintenance side, and this is usually maybe once you're at maybe 50 to maybe 150 doors, somewhere in that range. But at some point, you want some leverage when it comes to maintenance coordination. I hear great feedback from Property Meld. Now, these guys, when I did a podcast episode with them, we set up some sort of thing. I think it's still active. It'll send them a lead. They might give me a kickback on it. I can't remember. Property Meld, if you're listening, you should be giving me kickback for this still, but I don't even pay attention to it. But if you go to doorgrow.com/maintenance, long time ago, I set up a quiz. So if you go to this website, I set up a little quiz that you can take, and it will give you, I believe a 10% discount if you fill that out with Property Meld. But Property Meld, what's really cool about Property Meld is basically it's a three-way text message system between you, the tenant, and the vendor. [00:06:26] And so this allows all three of you to be communicating, and it allows you to see the communication between the tenant and the vendor, which them communicating directly speeds things up like dramatically. There's that transparency that you can see how they're doing and see how it's going. So that's on the maintenance side. Now with Property Meld, they have a relationship, I believe still that if you get their full service, then also that's pairing it with EZ-- spelled E and then Z, which is sort of a cute, clever name that they probably should rebrand, but EZ Repair Hotline. I don't know if it's ezrepair.com or easyrepairhotline.com. Hopefully my team could figure that out when they do the show notes, (it's https://www.ezrepairhotlinellc.com) but EZ Repair and if you talk to Property Meld and get their full service, I guess that's who they use and that's what's included-- [00:07:18] EZ Repair is a call center service. It was founded by Andy Shin. He's been on the podcast before. He used to manage the call center for AAA, so he knows what he's doing. His team's based out of Vegas. And my understanding is they've really improved since he started the business, and they were a lot more affordable than Night Tenders, which became Super Tenders, which I think became Abodea or something like that. So my understanding is that they're are a lot more affordable, and they're comparable. They're pretty decent and pretty good at what they do, and that they made a lot of strides to get even better over time. So I would check out EZ Repair along with that, and what they do is they handle the calls. So they handle your maintenance calls. So then you'll have that for your maintenance calls, and that's going to take a load off of your plate as well. So, that's on the maintenance side. [00:08:11] The other tool in my ultimate stack if I were making a property management business is: I would get Tenant Turner, and that is just at tenantturner.com. You've got some competitors in this space. You've got Rently, you've got ShowMojo. I've heard good feedback recently on ShowMojo from some people. It seems like they do a pretty decent job. They've also got a call center where they'll field, I think the phone calls, I don't know, related to the rental properties, but Tenant Turner is probably the tool that I would go with as of right now. I've met some of the principals at that business. I like them. I feel like they're stand up guys and ethical. I believe I've had them on my podcast, but I like Tenant Turner, and that's probably what I would go with. So, that would be on the leasing side, and the smart thing to do on the leasing side, quick bone I'll throw out to everybody there is to shift away from one-off showings to open houses. [00:09:05] This is going to be significant in collapsing time there. It creates a sense of false scarcity, I guess, you know, lots of tenants coming at the same time. Do a 30 minute window. Just do it one weekday in the evening and one weekend day, and do it for a 30 minute window for each and everybody that wants to see that property goes to that, and Tenant Turner can help make sure people are reminded, they show, it can pre-screen, um, allows people to book that time and that sort of stuff, so I would go with Tenant Turner. [00:09:38] Let me think if there's anything else I would use. I mean, this is kind of the core stack. You've got the main leasing side thing, which would be Tenant Turner and then you've got the maintenance, which are the two big sort of wings of the property management business or challenges. And then you've got your PM back office, which would be Rent Manager. So that would be kind of the core what I would do. Then you need some sort of inspection software. I don't get a lot of feedback on that, but I know there's zInspector I've heard good things about. There's Happy Inspector. There's Inspect & Cloud, and I'm sure all of those integrate with Rent Manager and probably all the other software out there, so I would pick one of those. I would take a look at those, and I would probably have some sort of inspection software as well. And that's going to be a pretty good stack for your business. [00:10:27] Oh, there's one other software here I would probably recommend as of right now, that would be a sales CRM. As of right now, that would be LeadSimple. So LeadSimple is, as far as I know, the only property management sales CRM. There might be some others that can pull in leads and are okay, but LeadSimple's claim to fame is that if a lead comes in through your web form or your website, you can set up to parse the email, pull the phone number, out and initiate a phone call right away, because leads are really only good for about the first five minutes really, maybe the first 10, but you need to follow up within the first five minutes and then people are impressed. The lead's still hot, it's fresh, and it's not gone stale, to give you some other analogies here, but you want to follow up right away because otherwise, they're going to move on to the next company, and the first property manager that they talk to or that talks to them is more likely to get the deal. [00:11:19] So, And if you're spending money on lead generation, which I don't recommend, but if you're spending money on like advertising, which I don't recommend there's better ways to grow your business, but if you're spending a bunch of money on advertising, you are wasting a massive amount of money into a leaky sales funnel if you don't have something like LeadSimple, or you aren't following up on leads within the first five to 10 minutes. So that can be effective as well. I send them so much business, they should be sending me some sort of kickback. So LeadSimple, if you hear this, you should be sending me some money, people, 'cause I send you a lot of business. All right. But yeah, I would check out LeadSimple. They have also a workflow built into their platform. That's kind of a, I guess, a competitor to Process Street. Personally, I don't know, Lead Simple's tools, so I can't recommend it, but internally we use Process Street. [00:12:08] I really like Process Street for processes. This is their website: it's process.st. I've had them on the podcast as well, but I really like Process Street. We use it internally. It's great for creating process documentation, but also for using as a checklist to run through that process, and it records an instance for each checklist every time somebody runs through that and uses that process. And so it's like having a clipboard with check boxes they have to go through each time they do that particular task. Except it's not a clipboard, it's digital. So I like Process Street a lot. You can get really complex with it or you can get really simple. And so we use Process Street internally. I highly recommend it. I like it. Now, I'm hearing some really good feedback lately. [00:12:55] You also need some sort of task management system just for one off tasks. So there's a lot of people that will use something like Asana. Now, some people are, instead of using Process Street, which is really robust. They'll use something that's maybe not as robust, but has similar functionality to that and Asana, and that's Monday. So I'm hearing some really great things about monday.com for basically largely task management and maybe repetitive processes. Okay, so you may want to check out monday.com for your internal processes. Asana does have repeating tasks and has templates, so you can have sort of formulas of things, but I don't think it has the functionality of people following through a process and being able to show like screen recordings and screen captures and screenshots and steps and Process Street, you can build all that stuff in. [00:13:49] I don't know if Monday can do that also, but Monday does allow you to kind of see where things are in a stage in a workflow and have stages and stuff. So for you know, really large pools of processes that are being worked on, like maybe you have like 20 properties you're onboarding, you can have an instance of Monday of each, similar in Process Street. In Asana, you would just build out like clone templates, probably. So these are these are some of the tools that I would be taking a look at seriously. If I were to start a property management biz. [00:14:23] And now the other thing that I would recommend that a property management business is eventually once you have a team, you're going to need some sort of planning system, and we've built what I believe is the ultimate software planning system. We call that DoorGrow OS. OS stands for 'operating systems.' So there's a lot of talk about like EOS which is from like Traction or Rocket Fuel, these books. And, these are good books. It's a good system. These are good ideas. I really feel though that the flaw in this is It's built too much around the entrepreneur is what they claim, but it's not actually built around the entrepreneur. EOS is really built around the idea of the integrator, and the integrator is like the most critical piece in this system. And an integrator really is a glorified operations person that they're also putting over and it should be running your cadence and running your planning, but they're putting over sales and marketing and usually operators should not be over sales and marketing. It's a big tactical mistake in business. And it also is a very top-down system instead of the team kind of, it's, it it plays into the ego of most entrepreneurs thinking they're the visionary and everybody has to do things that they want. And it's very top down. [00:15:45] DoorGrow OS is more bottom up. It allows you to have your entire team focused on the goals of the business based on what the biggest needs of the business are and the biggest needs of the entrepreneur are. And so, DoorGrow OS is really entrepreneur centric, visionary centric, which it's your business, and then we build the ultimate team and planning and cadence around you so you're going to have a business that actually gives you more freedom, more fulfillment, more contribution, and more support the bigger it gets instead of the reverse. There's some other flaws with EOS, like I don't like their accountability chart where they've got visionary and then integrator, and then the entire team answers to the integrator. I think that's the most dangerous business model ever. You're putting somebody in a position of power in which the entire team are loyal and connected to them. And they're probably not good at being over all of these different department. They basically, if they were or could be, they don't need you. 'Cause they could just chop off that top layer off the accountability chart, which is just a fancy word for an org chart in EOS and eliminate you and they can start their own business, right, if they really are that good. [00:16:50] So you need a really good planning system. I recommend DoorGrow OS it's really cool system. And then the other thing is you need eventually if you're really wanting to scale and grow your business and you're growing quickly, like a lot of our clients do, you will need an ATS or an applicant tracking system. And so we have our system, which is DoorGrow ATS. And so, this is the ultimate hiring system for a business. We have some really cool stuff coming related to this, but this allows you to basically get really great people and get what I call the three fits, which is having the ultimate hire where they match all three fits, where they're a culture fit, skill fit, and personality fit for your team, and usually the most important of those three is cultural fit. Most people hire just based on what the business needs and based on skill that is needed, so they get a skill fit. But they're not the right personality sometimes for the position, so they're not going to actually be great at it. [00:17:51] They're maybe not a good culture fit, which means they don't share your values and won't do things in a way that you would feel safe with. And so you'll never fully trust them. And so right now, if you have a team member that's just not great, I guarantee, they're probably not a culture fit or they're probably not a personality fit. Skill fit or intelligence, they just, maybe they're too dumb to do it. Most likely not. They might just not be the right personality and might not be the right cultural fit. So DoorGrow ATS is another system that would need to be built out in the business. And there's several other systems I've talked about on previous episodes that a business might need in the business. [00:18:26] And I'll throw out one other system that we use in our business that I'm a big fan of, and that is Profit First. We have some other tools like my CEO metrics and some other stuff that my team report in, but I really like, you know, as a basic level, really healthy accounting system, I like the Profit First system. I've had mike Michalowicz the author of the book Profit First on a previous podcast episode. I recommend you check that out if you're running into cashflow issues, if you're having trouble paying your team, if you've run into any of these problems that are very typical in early stage businesses or with entrepreneurs. I've been there. You've probably been there. I highly recommend implementing the Profit First system in your business. It's really simple to implement. It's just getting some additional bank accounts set up and then as money comes in, divvying it up into these different bank accounts based on percentages and making sure that you're taking out a percentage for profits so that you are profitable first and then what's left over one of those will be expenses. And so I recommend taking a look at that. So these are some of the systems that I think would help too. [00:19:31] If I were building the ultimate stack for the ultimate problem management business, these are the things that I would take a look at. And then really, it's about getting really great people and building a really great team so that you have awesome team members. Yeah. So that's going to create the ultimate business and that we want to build the ultimate business around you. So if you're struggling or trying to figure out how to grow your business, you are running into the bottleneck where you feel like you are the biggest bottleneck in the business, you feel like you're always having to micromanage your team, you're trying to get them motivated, trying to get them to do the right things. I really think you could use our scale program in our DoorGrow and Scale Mastermind, and we would love to talk with you. We easily will help pay for the program just by helping you to cut costs, increase the efficiency of your team. Usually, I can get people three times the output from their team or cut their staffing costs in half or by a third, depending on what your goal is, we can increase that. And then we also want to increase your level of what I call the four reasons. You're getting more freedom, more fulfillment, more contribution, and more support. [00:20:36] So we will realign the business around you and realign the team. So anyway, reach out to us at DoorGrow. Check us out at doorgrow.com and until next time everybody to our mutual growth. I hope you crush it. Take care, everyone. [00:20:49] You just listened to the #DoorGrowShow. We are building a community of the savviest property management entrepreneurs on the planet in the DoorGrowClub. Join your fellow DoorGrow Hackers at doorgrowclub.com. Listen, everyone is doing the same stuff. SEO, PPC, pay per lead content, social direct mail, and they still struggle to grow! [00:21:16] At DoorGrow, we solve your biggest challenge: getting deals and growing your business. Find out more at doorgrow.com. Find any show notes or links from today's episode on our blog doorgrow.com, and to get notified of future events and news subscribe to our newsletter at doorgrow.com/subscribe. Until next time, take what you learn and start DoorGrow Hacking your business and your life.
In this Green Light episode, Catherine is joined by Candice Michalowicz, COO of EDPR Distributed Generation, & Tom Weirich, Senior Marketing Manager at EDP Renewables North America. She speaks with these two brains behind the world's 4th largest renewable energy producer about how EDPR's Distributed Generation business unit - which now clocks over 50 employees - came to fruition just 3 years ago, & it all started with Candice. Catherine also speaks with Tom about his exciting new book that's focused on the cleantech industry's risk-taking pioneers. Candice & Tom also speak about why Walmart chose, & continues to choose, to partner with EDPR on a number of renewable energy projects throughout the U.S. as well as EDPR's recent acquisition of Sunseap Group Pte Ltd. Are you looking for your next role in climate tech? Join the largest growing network of cleantech professionals and be the first to know about when industry leading cleantech companies first post new job openings, from development to finance to marketing, by checking out our website: dylan-green.com/latest-jobs.
In this episode, Blaine talks about the 4 Ds from author, Mike Michalowicz, in his book, Clockwork. The 4 Ds are Doing, Deciding, Delegating, and Designing. Blaine adds 2 more Ds to those 4 to make a complete system for entrepreneurs to build a business that is scalable and salable. Learn How to Build a Scalable Business!
Do you continue to learn? What do you do to feed your body, your mind, and your spirit? Long time listeners know that I read, at least 30 - 45 minutes per day in the morning when I first wake up as part of my daily routine to get ready for my day. The house is quiet and my wife and kids are still asleep (most mornings). Each year, I like to do an episode on some of more impactful books I've read the previous year, which is the topic of today's Crushing Debt Podcast episode. While I don't talk about every book (there were 26 of them this year), I do give you brief summaries and take-aways from the following books. My hope is that you find some books in the below list that interest you, that you can read over the coming years: You Can Negotiate Anything - Herb Cohen Shark In The Housing Pool - Matthew Cox Clockwork - Mike Michalowicz The New Great Depression - James Rickards Why My J.O.B. Quit Me - Mechiel Kopaska Remarkable Business - Contribution by Shawn Yesner Your Best Year Yet - Jinny S. Ditzler The Energy Bus - Jon Gordon Bitcoin Billionaires - Ben Mezrich The Bomber Mafia - Malcolm Gladwell The Pumpkin Plan - Mike Michalowicz Building a Story Brand - Donald Miller The 401k Revival - Michael Watkins The Creature from Jekyll Island - G. Edward Griffin The Diabetes Code - Dr. Jason Fung Permission Marketing - Seth Godin I had the privilege to interview some of these authors about their books on my show during the year. Mike Michalowicz - Episode 231, Become Debt Free with Profit First Michiel Kopaska - Episode 263, Stuck in a J.O.B.? Michael Watkins - Episode 284, Sidestep the Market Crash (plus episodes 196 and 97) I would also like to know what books you've read that are not on this list, that I can read this year or next. What books have had the greatest impact on you, or you have enjoyed reading? Please email me at Shawn@YesnerLaw.com. Please also support our friend and sponsor, Sam Cohen at Attorneys First Insurance by introducing him to an attorney or title company that would like a quote on malpractice insurance. You can connect an attorney or title company to Sam at Sam@AttorneysFirst.com or www.AttorneysFirst.com.
Mike Michalowicz is a rockstar in the entrepreneurial space and has been breaking down barriers for business owners and entrepreneurs since his bestselling books The Pumpkin Plan & Profit First have hit the shelves! He's turned the old equation of “sales - expenses = profit” on its head and has been helping entrepreneurs take control of their businesses and not letting them turn into cash eating monsters! Mike's latest book Get Different: Marketing That Can't Be Ignored is OUT NOW! Get your notebooks ready, Mike drops gold the entire interview! Follow Mike Michalowicz: Website: https://mikemichalowicz.com/ IG: https://www.instagram.com/mikemichalowicz/ FB: https://www.facebook.com/MikeMichalowiczFanPage Twitter: https://twitter.com/MikeMichalowicz LinkedIn: https://www.linkedin.com/in/mikemichalowicz/ Follow Mike DiCioccio: IG, FB, LI, Clubhouse: https://linktr.ee/mikedicioccio 7 Tips to Launch Your Podcast by Social Chameleon: https://www.socialchameleon.us SUBSCRIBE, SHARE & LEAVE A REVIEW!
Michalowicz has has launched and sold two mulitmillion-dollar companies, is a former columnist for The Wall Street Journal, a popular TED talk Speaker, and an author of Multiple books including: The Pumpkin Plan, Profit First, Fix this Next, and Get Different. Join us as we dive into the great concepts behind his books.
Are you better than your competition? Highly likely... And, if you are better than the competition, prospects must find you. My guest today, Mike Michalowicz feels it would be a disservice if they hire a competitor because they never knew you existed. Mike realized that you need to market differently to stand out and get noticed. His new book, Get Different, details how you can do this for your business. It's chock-full of great strategies and techniques that are proven to attract your ideal prospects and quality leads. Listen to this episode, then read this book to set yourself apart from the competition and grow your business! ~ Pia Get all the links, resources and show notes at https://makeyourmarketingpodcast.com
Get Different: Marketing That Can't Be Ignored! by Mike Michalowicz About the Book: From Mike Michalowicz, bestselling author of Profit First, Clockwork, and Fix This Next, a practical and proven guide to standing out in a crowded market. Many business owners are frustrated because they feel invisible in a crowded marketplace. They know they are better than their competitors, but when they focus on that fact, they get little in return. That's because, to customers, better is not actually better. Different is better. And those who market differently, win. In his new marketing book, Mike Michalowicz offers a proven, no-bullsh*t method to position your business, service, or brand to get noticed, attract the best prospects, and convert those opportunities into sales. Told with the same humor and straight-talk that's gained Michalowicz an army of ardent followers, with actionable insights drawn from stories of real-life entrepreneurs, this book lays out a simple, doable system based on three critical questions every entrepreneur and business owner must ask about their marketing: 1. Does it differentiate? 2. Does it attract? 3. Does it direct? Get Different is a game-changer for everyone who struggles to grow because their brand, message, product or service doesn't stand out and connect with customers--the long-anticipated answer to the defining business challenge of our time. About the Author: By his 35th birthday, Mike Michalowicz had founded and sold two multi-million dollar companies. Confident that he had the formula to success, he became a small business angel investor... and proceeded to lose his entire fortune. Then he started all over again, driven to find better ways to grow healthy, strong companies. Since then Mike has devoted his life to the research and delivery of innovative, impactful business growth strategies. Mike is the creator of Profit First, which is used by hundreds of thousands of companies around the world to drive profit. He is the creator of Clockwork, a powerful method to make any business run on automatic. He is the author of Profit First, Clockwork, Fix This Next, a Wall Street Journal bestseller, The Pumpkin Plan, Surge, and The Toilet Paper Entrepreneur. Today, Mike leads two new multi-million-dollar ventures, as he tests his latest business research for his books. He is a popular keynote speaker, a former small business columnist for The Wall Street Journal, and business makeover specialist on MSNBC. Mike is also a guest lecturer at universities including Babson, Boston College, Columbia, Copenhagen Business School, Emerson, Harvard, Penn State, Pepperdine, and Princeton. His books have been translated into over 25 languages and are in the core curriculum for business students at many universities. And, interesting fact - he is a graduate of Virginia Tech (go Hokies!) where he was Captain of the lacrosse team! Click here for this episode's website page with the links mentioned during the interview... https://www.salesartillery.com/marketing-book-podcast/get-different-mike-michalowicz
Elizabeth Michalowicz is a new mom, physical therapist, and orthopedic certified specialist. She has experience in a variety of clinical settings, including pediatric outpatient and early intervention. She LOVES kids and is so excited to finally have one of her own. Elizabeth currently resides in Germany with her husband, infant daughter, dog, and 2 cats. She is beginning a new adventure as a work-from-home mom in a non-clinical PT role as a writer for a developing app. --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app
Uncomplicate Your Business | Small Business Strategy for Women Entrepreneurs
We women entrepreneurs keep underpricing ourselves when offering the same service or product as our male counterparts. On average, we price up to 20% less. When I first heard that, I was blown away! Pricing is one of the quickest and most powerful ways to adjust your business trajectory and make it more sustainable. I've seen it in my business and those of my clients. So in this episode, I discuss why properly pricing your offers is the first step to designing a successfully sustainable business. On this episode of Promote Yourself to CEO: 3:36 - What is the feast or famine zone, and does your business fall into it? Discover the two biggest reasons why businesses in this zone struggle to compete. 8:40 - I demonstrate how underpricing can easily lead to overworking by using the example of a wedding photographer. 12:18 - Taking the wedding photographer example further, this simple step is an easy way to improve your profitability and ease burnout. 14:42 - What if you want to double your rates? You need to take a deeper look at these factors in your business. 17:42 - Pricing impacts other aspects of your business. Michalowicz's Profit First percentages can help you figure out the math to meet your revenue goal. 20:43 - I push back against the hype of online gurus who have a certain mindset about pricing. There's a reason why I primarily work with service providers. 23:50 - What if you're not used to selling at a higher price or booking multiple sessions at a time per client? 26:55 - Here's why you don't need a large audience to get enough clients for your higher-priced programs and services. I give you a behind-the-scenes look. 28:52 - Keep these questions in mind as you crunch your numbers. Show Links Profit First by Mike Michalowicz Racheal on Instagram
Howard Farran, the dental legend himself, joins us for part 2 this week on The Gold Crown Podcast - The Guide to Financial InDENTpendence. Dr. Farran is a DDS, MBA, MAGD, graduate of pretty much every advanced CE course you can imagine, an Amazon #1 best selling author of “Uncomplicate Business,” Host of Dentistry Uncensored, founder of Dental Town (which has over 250,000 members), was ranked incisal edge's 32 most influential people in dentistry, has published multiple articles, created media companies, and much more! Every dentist out there has something to learn from him, and he generously shares his thoughts on a wide range of topics. In this 2 part series we discuss the value of savings rates, minimizing expenses, developing personal finance and business awareness, and many other subjects. Enjoy! https://www.dentaltown.com/ thegoldcrownpodcast@gmail.com www.thegoldcrownpodcast.com
Howard Farran, the dental legend himself, joins us this week on The Gold Crown Podcast - The Guide to Financial InDENTpendence. Dr. Farran is a DDS, MBA, MAGD, graduate of pretty much every advanced CE course you can imagine, an Amazon #1 best selling author of “Uncomplicate Business,” Host of Dentistry Uncensored, founder of Dental Town (which has over 250,000 members), was ranked incisal edge's 32 most influential people in dentistry, has published multiple articles, created media companies, and much more! Every dentist out there has something to learn from him, and he generously shares his thoughts on a wide range of topics. In this 2 part series we discuss the value of savings rates, minimizing expenses, developing personal finance and business awareness, and many other subjects. Enjoy! https://www.dentaltown.com/ thegoldcrownpodcast@gmail.com www.thegoldcrownpodcast.com
Profit First was originally written by Mike Michalowicz, and the field of dentistry was lucky enough to have our own version recently made by Drew Hinrichs and Barbara Stackhouse called Profit First for Dentists! In this week's episode we review the book and how it may be beneficial to everyone (even if you don't own a practice!) Ensuring that you're paying yourself what you deserve is a golden opportunity to propel yourself towards FIRE by securing the vital and elusive "profit" first. This strategy can even be used in personal finance to ensure that you're maintaining an appropriate savings rate.
After reading an article about a local farmer who had dedicated his life to growing giant pumpkins, Michalowicz realized the same process could apply to growing a business. He tested the Pumpkin Plan on his own company and transformed it into a remarkable, multimillion-dollar industry leader. First he did it for himself. Then for others. And now you. So what is the Pumpkin Plan?
Sid & Keith discuss Profit First: Transform Your Business from a Cash-Eating Monster to a Money-Making Machine. With dozens of case studies, practical, step-by-step advice, and his signature sense of humor, Michalowicz has the game-changing roadmap for any entrepreneur to make money they always dreamed of.
On this episode of The Friday Habit, Ben summarizes the main points of one of his favorite books: “Fix This Next” by Mike Michalowicz. As we all learned in that one college psychology class, humans have needs in life that fall into 5 basic categories as defined by Maslow, from most basic to most complex: physiological, safety, love and belonging, esteem, and self-actualization. Maslow explained that certain needs must take priority over others as we go through life and it is important to prioritize the most basic before moving up the hierarchy.Michalowicz believes that a similar concept can be applied to businesses, and while two hierarchies might seem like a lot to place into the already-full hands of entrepreneurs, hopefully you will find that understanding the different levels will simplify things for you. He defines the business hierarchy of needs, from most basic to most complex as: sales – creation of cash, profit – creation of stability, order – creation of efficiency, impact – creation of transformation, and legacy – creation of permanence. In “Fix This Next”, Michalowicz outlines 5 questions for entrepreneurs to ask themselves about their businesses pertaining to each level of the hierarchy, providing a framework for areas to focus on before moving on to the next level. By asking yourself these 25 questions, you should be able to easily identify gaps and problems that need to be addressed and establish principles that will guide your actions moving forward. This is a great read for anyone who has built their own business or brand and anyone who wants to in the future, but this book does not fully serve its purpose if you don't take action after reading it. Links:“Fix This Next” book: https://www.amazon.com/Fix-This-Next-Change-Business/dp/0593084411“Fix This Next” Book Website: https://fixthisnext.com/Free Resources mentioned: https://s3.amazonaws.com/MikeMichalowicz/FTN/FTN-Graphics-Charts.pdf Connect with us:https://www.thefridayhabit.com/thefridayhabit@knapsackcreative.com https://www.instagram.com/benjaminmanleyhttp://www.benjaminmanley.com/ https://www.brandvivamedia.com/https://www.facebook.com/Marklab2https://www.linkedin.com/in/marklab2/
About Profit FirstSerial entrepreneur Mike Michalowicz has developed a behavioral approach to accounting to flip the formula: Sales - Profit = Expenses. 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 cows. (Source: Amazon)Sarah's Favorite Quotes“Growth is the battle cry of nearly every entrepreneur and business leader. Grow! Grow! Grow!… Growth is only half the equation… Most business owners try to grow their way out of their problems...but the result is simply a bigger monster.”“Profit is not an event. Profit is not something that happened at the year end or at the end of your five-year plan or Sunday. Profit isn't something that waits until tomorrow. Profit must happen now and always. Profit must be baked into your business. Every day, every transaction, every moment. Profit is not an event. Profit is a habit.”“Give yourself more joy when you choose not to spend money than do you do when you choose to spend it...Celebrate every time you save – whether it's 10 bucks or 10,000.”Shaunae's Favorite Quotes"Money problems happen when: sales slow down, sales speed up (expenses go up too)""Bigger is NOT Always Better: more revenue does not mean you are more successful""Growth is only half the equation, Let the right size business find YOU!"“Profit must happen now and always, profit is not an event, it's a habit.”“Revenue is vanity, profit is sanity, and cash is king”Helpful Links Mentioned in This EpisodePurchase Your Copy of Profit First: https://amzn.to/318yVRSFind The Creative Legacy Podcast Online:Website: thecreativelegacypodcast.comInstagram: instagram.com/thecreativelegacypodcastFacebook: facebook.com/thecreativelegacypodcastFacebook Group: facebook.com/groups/thecreativelegacypodcastFind Sarah Online:Website: sarahschraderdesign.comInstagram: instagram.com/sarahschraderdesignFacebook: facebook.com/sarahschraderdesignFind Shaunae Online:Website: shaunae.comInstagram: instagram.com/shaunaeteskeFacebook: facebook.com/shaunaeteskephotography
The COVID-19 Opportunity for Carpet Cleaners & Home Service Contractors We are in an unprecedented time with the Coronavirus (COVID-19) sweeping the nation. Many Carpet Cleaning & Home Services Businesses are unsure how to proceed and how this will impact their businesses. In this video I explain why you must look at this as an opportunity and how you can make the most of it rather than shuttering in fear. Click or Subscribe Below To Listen To Our Podcast Audio Episode Of This Training Full Transcription 0:02 It's John here from carpet cleaner marketing masters wanted to do this video here just to talk about the COVID-19 situation, because there's lots of concern and fear going on. I talked to a lot of carpet cleaners, we have quite a few carpet cleaners, as clients, several dozen, and I talked to hundreds and hundreds online as well. And there's just a lot of confusion and fear. And people don't know what to do. They don't know if they should be pressing forward. They don't know if they should be holding back to protect them, their team and their customers. They don't have to be shutting the whole thing down. So I kind of wanted to talk about the what we see is the COVID-19 opportunity. 0:44 And I don't mean that to be a little flip. I'm not saying that, you know they're, you know, Rosy times ahead. We'll talk about that. But there really is only two ways to think of this. And you're either going to hear the news, get scared want to curl up in a ball and watch Netflix or you You're going to see this as an opportunity, and sit, try and separate ourselves from the competition. So I wanted to kind of walk through that. Now, again, as I said, I'm not trying to say that you know, Rosy times are ahead. The reality is, times are tough. And things are going to get worse before they get better, as they say, and we're going to have this massive slowdown in the economy. So the reality is, in a slowdown, it tends to affect the larger corporations more. They can't pivot and dodge as easily as we can, as small businesses. So small businesses can can make changes they can they can do a lot of things in the marketplace that really, really help them stand out better. So I was watching a webinar by Mike and what's his last name? Michalowicz - if you've ever seen a profit first great book, if you haven't read it. He also has another one called fix this next. I haven't read that one. But profit first, he worked with over 200,000 small businesses. And this interview was just about a week ago. And he was talking about this situation right now. And the opportunity that exists to stand out to differentiate yourself for small businesses to really, really capture market share. So that's kind of what we want to talk about here is just how we're going to be able to do that. So the absolute fact is that customers still need your services. And that's, that's the truth. They need to know that you are in business. And in a lot of cases, they need you more than ever right now. So we know that you know, people are scared, they're concerned about viruses, they're concerned about human contact point sanitation. A lot of us you know, in the cleaning industry know all about that. We've been trained on that. We understand that and we can help reassure them they might be, you know, at working from home now they have the children at home because so many things are shut down. They might have elderly parents staying with them to take care of them...
W programie Bartosz Węglarczyk rozmawia z Tomaszem Michałowiczem o problemach osób z autyzmem oraz akcji "Polska na niebiesko – Autyzm.
The Get Paid Podcast: The Stark Reality of Entrepreneurship and Being Your Own Boss
Adrienne Dorison is the co-owner of Run Like Clockwork, a company designed to help entrepreneurs improve their small business operations and efficiency while increasing profits. Through their workshops, coaching, and consulting services, they help small business owners work efficiently, remove bottlenecks, and build their businesses to - you guessed it - run like clockwork. She is a certified LEAN Six Sigma consultant, SCRUM expert trainer, and has extensive experience in operational efficiency. She has worked with countless business owners - including micro-businesses and Fortune 500 companies - to streamline their systems, simplify their processes, and create strategic growth while cutting costs, saving time, and expanding their profit margins. Adrienne joins me today to explain her role at Run Like Clockwork and her partnership with Mike Michalowicz. She shares how she achieved $120,000 in revenue from a small 20-person workshop and dives deep into the P&L's to share the overall monthly expenses her company accrued to host it. She also shares the marketing strategies they used to attract new leads, why they decided to limit the number of company attendees for each workshop as well as valuable insight on how to train team members to feel comfortable and confident in making decisions for your customers on your company's behalf. “Your team members are going to make mistakes because they are human. That's usually how they are going to learn. If they have a safe space to do that, they are going to be more autonomous - which is exactly what we want.” - Adrienne Dorison This Week on the Get Paid Podcast: How Adrienne got started working with Run Like Clockwork. How Run Like Clockwork helps small business owners improve efficiency with their teams, processes, and operational systems. What it means to be the bottleneck of your business and how it impacts your growth. How to identify the bottlenecks in your course creation and marketing process. How to identify if creating an online course is the right decision for your business. The Lean Six Sigma tools and framework. How Adrienne paid off $50,000 in student debt in 6-months. Challenges Adrienne faces as an entrepreneur. Adrienne's partnership with mike Michalowicz. The live and virtual workshops available for small business owners at Run Like Clockwork and why they only serve 25 companies per event. Evaluating the cost vs. revenue for the $120k 20-person workshop. How they attract the most leads for the workshop events. Why Adrienne purposely ramped down her personal brand in 2018. The ‘transfer of knowledge' process when training others. The importance of explaining why you make specific decisions to new hires - and documenting them. How to articulate your decisions to your team that were based on your gut instincts. What the business model looked like in her last 7-figure business. Adrienne's perspective on retiring your husband and bringing him into your business. How Adrienne fits creating her own social media promotion into her busy schedule. Resources Mentioned: Clockwork: Design Your Business to Run Itself by Mike Michalowicz SamCart Connect with Adrienne Dorison: Run Like Clockwork LinkedIn Facebook Twitter Instagram This episode is sponsored by… MemberVault MemberVault is an online membership software and hosting tool dedicated to helping passionate and creative entrepreneurs disrupt the ways of relationship marketing - and make more money doing it! More than just an online course hosting platform, you get real insight into how people respond to your content, who your hottest leads are, and who would be the best fit for your higher-end products and services. So stop wondering where to host your online products. Explode your sales and engagement and gain a better understanding of your ROI. Get paid more - and more often! Start your 1-month FREE TRIAL of MemberVault today! Visit ClairePells.com/MemberVault to start your first month absolutely FREE! Now it's time to GET PAID! Thanks for tuning into the Get Paid Podcast! If you enjoyed today's episode, head over to Apple Podcasts to subscribe, rate, and leave your honest review. Connect with me on Facebook, Twitter, YouTube, and Instagram, visit my website for even more juicy content, and be sure to share your favorite episodes on social media. Now, it's time to go get yourself paid!
From the Profit First Professionals Website: Everyone on the planet knew it. It was a cold, hard fact. The world was flat. Until it wasn't. That's when everything changed. Society is addicted to axioms: beliefs that have become so entrenched in our global culture that they are never challenged. Sales – Expenses = Profit is one of those axioms. For centuries entrepreneurs have followed the “profit comes last” formula off the proverbial financial cliff. Now everything has changed… In his globally acclaimed, paradigm shifting book, Profit First, business author Mike Michalowicz explains why the Sales – Expenses = Profit formula actually prohibits profitability and keeps the vast majority of businesses, throughout the world, struggling to survive check-by-check. Michalowicz teaches us to a new formula: Sales – Profit = Expenses. This seemingly subtle change, empowers you to grow your profitability immediately and permanently. Join Ed and Ron for this dynamic interview with Mike.
From the Profit First Professionals Website: Everyone on the planet knew it. It was a cold, hard fact. The world was flat. Until it wasn't. That's when everything changed. Society is addicted to axioms: beliefs that have become so entrenched in our global culture that they are never challenged. Sales – Expenses = Profit is one of those axioms. For centuries entrepreneurs have followed the “profit comes last” formula off the proverbial financial cliff. Now everything has changed… In his globally acclaimed, paradigm shifting book, Profit First, business author Mike Michalowicz explains why the Sales – Expenses = Profit formula actually prohibits profitability and keeps the vast majority of businesses, throughout the world, struggling to survive check-by-check. Michalowicz teaches us to a new formula: Sales – Profit = Expenses. This seemingly subtle change, empowers you to grow your profitability immediately and permanently. Join Ed and Ron for this dynamic interview with Mike.
Mike Michalowicz sits down with us to talk about leadership, marketing, company culture, and entrepreneurship. He is the entrepreneur behind three multi-million dollar companies and is the author of Profit First, The Pumpkin Plan and what BusinessWeek deemed the entrepreneur's cult classic, The Toilet Paper Entrepreneur. -- Read the show: https://www.loudrumor.com/the-gsd-show/ Facebook: https://www.facebook.com/GSDshow/ Twitter: https://twitter.com/GSD_Show Instagram: https://www.instagram.com/gsd_show/