Podcast appearances and mentions of mike michaelowicz

It's time to go ALL IN! In episode 510 of Delivering #MarketingJoy, best-selling author Mike Michaelowicz talks about why it is SO important to build a great team, why creating a workshop can help with hiring, and how to create employees who act like owners! This is a great episode on hiring, recruiting, culture...and more!

 I recently revealed the "The 4 ISO Model Fundamentals " as Financial, Strategic, Mindset, and People. It doesn't matter whether you own a solo cleaning business or a catering company. If you want to grow your company to create the life you've dreamed of, you'll need to master these fundamentals. I am not a caterer... obviously. I can't coach caterers. I can't coach photographers or digital agencies or doctors. I'm a 16-year solo cleaner that has optimized 2 solo cleaning companies to over $50,000 profit per year on 2 cleaning days per week without employees, subs, or drama. I've successfully sold one solo cleaning business for $80,000 and I've successfully scaled another solo cleaning business to allow my family to go to Florida for the month of February the past two years. I have mastered these 4 fundamentals for winning with a solo cleaning business and therefore, I am highly qualified to be your coach if you're looking to master your solo cleaning company.In that podcast episode, I stated that I wanted to lay out the 4 fundamentals in simple terms first. Then, I promised to follow-up with episodes adding more depth to each. Today, we start with the first one called FINANCIAL. There are thousands of cleaning business owners in Facebook cleaning groups. I have interacted with hundreds and personally coached dozens over the years. The ones I've coached have been side-hustlers, startups, solos, and striving to 7-figures. I have enough data to make this bold statement.Of the 4 fundamentals of a successful solo cleaning company or any cleaning company, the most lacking skill is Financial Fluency. In my experience (and the combined experience of other reputable coaches in the industry), over 95% of cleaning business owners do NOT know their numbers. They are Financially Illiterate. This is scary as these cleaning business owners go year-to-year making jokes about "sucking at math" or "not knowing where they are". It's not funny. It's sad. 95% of you RIGHT NOW are literally treading water and about to drown. You are one bad wave or rip current from financial bankruptcy and you don't even know it. 90% of you are anxious, stressed, and overwhelmed because you don't know where you stand. When you are Financially Illiterate, you are standing on sinking and shifting sand. You have literally nothing firm to build on. So what do you do? You continue to work harder and harder and hope that the money works out. Enter geniuses like Mike Michaelowicz and his book "Profit First". Mike was Financially Illiterate until he took the first step. He went from not-knowing his numbers to knowing his numbers. This didn't make the business any better. But it did allow Mike to place his feet on something firm and something he could build from. His stated mission is to help the millions of us in the same place and to eradicate entrepreneurial poverty.My friend Ellen was once in this position. She ran a successful cleaning company with 20 team members and close to a half-million in revenue. She did not know her numbers at all and she was the first to admit it. I helped her set goals to over a 3-month period to learn her business through a Profit and Loss Statement or a P&L. Once she understood her P&L, she was able to set financial goals and track her business through a financial dashboard. Ellen has grown quite a bit since this major change. There are thousands of Ellens' out there, so don't feel bad if that's you. We will address all 4 fundamentals over time.Read the rest of this article at the Smart Cleaning School website

248: All Roads Can Lead to Profit Today, I am excited to offer you a replay of an episode that I did back in 2018 with Mike Michaelowicz. You may know Mike, he is the author of a large number of books from Profit First to Clockwork to Surge, The Toilet Paper Entrepreneur , and The Pumpkin Plan. Mike and I had a really awesome conversation about how all roads can lead to profit if you set the correct coordinates. I really thought that as we're wrapping up this year, things have been shifting, they're a little bit different, we've been through a pandemic, and we've watched buying patterns change over the years and I think this is a great time to be reminded of the fact that we have agency and choice in our business and that those choices that we're making either lead us closer towards profit or further away from profit. With that being said, I want to introduce to you Mike Michaelowicz. Topics Mentioned: Profit  Real revenue  Sustainability and Responsibility  Ideal Clients and Target Markets    Thoughts from Mike:  Profit means that I continue to deliver what I intend to for my community.     Clients want to know that your business is sustainable and sustainability is profitability.     It is important to have a realignment of pride in profits.     In The Toilet Paper Entrepreneur we learn that lack is our biggest advantage. Lack brings about innovative thinking and challenges us.     In Pumpkin Plan we learn how to grow organically and healthily and to identify our best clients.     Once we have clarity on a purpose, the journey becomes very rewarding.     Surge teaches how to know your industry and to see what the next big thing is.     Clockwork teaches that our business can be sustainable and not reliant just on us.  Contact Michele: Email: Team@ScarletThreadConsulting.com Facebook: Scarlet Thread Consulting Instagram: @ScarletThreadATL Website: ScarletThreadConsulting.com LinkedIn: Michele Williams Contact Mike: Website: https://mikemichalowicz.com/ Twitter: https://twitter.com/MikeMichalowicz Facebook: https://MikeMichalowiczFanPage/ References and Resources: The Toilet Paper Entrepreneur by Mike Michaelowicz The Pumpkin Plan by Mike Michaelowicz Profit First by Mike Michaelowicz Surge by Mike Michaelowicz Clockwork by Mike Michaelowicz E-Myth Revisited by Michael Gerber CFO2Go Work with Me Metrique Solutions Financial Courses with Michele Williams including “Understanding Your Financials”, “Master Your Profit”, and “Pricing Without Emotion”

Welcome to ScaleUp Radio, the podcast where we dive deep into the world of business scaling and effective leadership. In this exciting episode, we have a remarkable story to share with you. Today, we sit down with the inspiring Lucie Grech, the visionary founder of Cypress Quay, an advanced beauty clinic. Her journey from a former dental practice manager to a thriving entrepreneur will leave you motivated and informed.  Discover how Lucie's passion for laser treatments, eyelashes, and electrolysis led her to establish her business, starting small in a business center, and eventually expanding into a larger clinic.  The discussion delves into Lucie's unique approach to hiring team members based on personality fit to maintain a positive work environment. Lucie's insights into strategic planning, leadership, and profitable growth are nothing short of exceptional. Get ready for a captivating conversation that's all about scaling up your business and making your entrepreneurial dreams a reality. Let's begin!   Scaling up your business isn't easy, and can be a little daunting. Let ScaleUp Radio make it a little easier for you. With guests who have been where you are now, and can offer their thoughts and advice on several aspects of business. ScaleUp Radio is the business podcast you've been waiting for.   If you would like to be a guest on ScaleUp Radio, please click here: https://bizsmarts.co.uk/scaleupradio/apply   You can get in touch with Kevin here: kevin@biz-smart.co.uk   Kevin's Latest Book Is Available!    Drawing on BizSmart's own research and experiences of working with hundreds of owner-managers, Kevin Brent explores the key reasons why most organisations do not scale and how the challenges change as they reach different milestones on the ScaleUp Journey. He then details a practical step by step guide to successfully navigate between the milestones in the form of ESUS - a proven system for entrepreneurs to scale up.    More on the Book HERE - https://www.esusgroup.co.uk/   Lucie can be found here: linkedin.com/in/lucie-grech-527b031bb https://cypressquay.com/ hello@cypressquay.com https://www.instagram.com/cypressquay/   Resources: Profit First by Mike Michaelowicz - https://profitfirstbook.com/ Atomic Habits by James Clear - https://uk.bookshop.org/p/books/atomic-habits-the-life-changing-million-copy-1-bestseller-james-clear/2458373?ean=9781847941831 GenieAI - https://www.genieai.io/ Calm app - https://www.calm.com/    

 I recently revealed the "The 4 ISO Model Fundamentals " as Financial, Strategic, Mindset, and People. It doesn't matter whether you own a solo cleaning business or a catering company. If you want to grow your company to create the life you've dreamed of, you'll need to master these fundamentals. I am not a caterer... obviously. I can't coach caterers. I can't coach photographers or digital agencies or doctors. I'm a 16-year solo cleaner that has optimized 2 solo cleaning companies to over $50,000 profit per year on 2 cleaning days per week without employees, subs, or drama. I've successfully sold one solo cleaning business for $80,000 and I've successfully scaled another solo cleaning business to allow my family to go to Florida for the month of February the past two years. I have mastered these 4 fundamentals for winning with a solo cleaning business and therefore, I am highly qualified to be your coach if you're looking to master your solo cleaning company. In that podcast episode, I stated that I wanted to lay out the 4 fundamentals in simple terms first. Then, I promised to follow-up with episodes adding more depth to each. Today, we start with the first one called FINANCIAL. There are thousands of cleaning business owners in Facebook cleaning groups. I have interacted with hundreds and personally coached dozens over the years. The ones I've coached have been side-hustlers, startups, solos, and striving to 7-figures. I have enough data to make this bold statement.Of the 4 fundamentals of a successful solo cleaning company or any cleaning company, the most lacking skill is Financial Fluency. In my experience (and the combined experience of other reputable coaches in the industry), over 95% of cleaning business owners do NOT know their numbers. They are Financially Illiterate. This is scary as these cleaning business owners go year-to-year making jokes about "sucking at math" or "not knowing where they are". It's not funny. It's sad. 95% of you RIGHT NOW are literally treading water and about to drown. You are one bad wave or rip current from financial bankruptcy and you don't even know it. 90% of you are anxious, stressed, and overwhelmed because you don't know where you stand. When you are Financially Illiterate, you are standing on sinking and shifting sand. You have literally nothing firm to build on. So what do you do? You continue to work harder and harder and hope that the money works out. Enter geniuses like Mike Michaelowicz and his book "Profit First". Mike was Financially Illiterate until he took the first step. He went from not-knowing his numbers to knowing his numbers. This didn't make the business any better. But it did allow Mike to place his feet on something firm and something he could build from. His stated mission is to help the millions of us in the same place and to eradicate entrepreneurial poverty.My friend Ellen was once in this position. She ran a successful cleaning company with 20 team members and close to a half-million in revenue. She did not know her numbers at all and she was the first to admit it. I helped her set goals to over a 3-month period to learn her business through a Profit and Loss Statement or a P&L. Once she understood her P&L, she was able to set financial goals and track her business through a financial dashboard. Ellen has grown quite a bit since this major change. There are thousands of Ellens' out there, so don't feel bad if that's you. We will address all 4 fundamentals over time. Read the rest of this article at the Smart Cleaning School website

Freaking out about the recession? Looking to recession-proof your business for the economic winter? In this podcast, Kimberly shares why you need to strengthen your entrepreneur money mindset to prepare for an epic economic boom, what are recession-proof businesses, and how to win as an entrepreneur during economic winter. Remember, your reign is now. #recession #moneymindset #recessionproofbusiness ⬇️ RESOURCES MENTIONED IN THIS PODCAST ⬇️ Heal Your Money Beliefs: https://bit.ly/heal-your-money-queen KEY CHAPTERS: 0:00 - What to Expect 5:30 - How can your fear shift? 7:00 - Why does transition make you feel unsafe? 10:15 - What is a recession? 12:30 - How is your mindset a choice? 15:30 - Why do you need to be aware of your mindset? 18:30 - How does your belief affect your reality? 20:00 - What can having a new belief system help you with? 23:30 - Why do you need to know the cause of the results that you don't like? 30:00 - How can changing your perception change your projection? ____________

The Lifeonaire Show history was made today! We have our first three-peat guest on today, and he is none other than Mike Michaelowicz (author of several massively successful books on business, including Profit First, Clockwork, and Get Different). Every time we have Mike on, he floods us with powerful, novel, thought-provoking ideas.  This week, we discussed a variety of popular topics on all-things business, including: Do you actually need a business plan? Should you and your spouse be business partners, and if so, how can you make it work? What can you measure to determine if you should keep going or pivot? Is “overnight success” real, and if so, how do people achieve it? Why we should approach our business like tacking in sailing And then some. Regardless of your business experience, we can assure you that Mike's ideas are going to surprise you, so if you're a business owner or entrepreneur in the making, grab a pen and paper and get ready to absorb this! Learn more about Mike's latest endeavor, helping train people to become authors at NextLevelAuthor.com

Building a business to last takes a certain type of longevity mindset, systems to create structured freedom and marketing strategies that aren't just the latest fad. In this episode, Kimberly chats with Megan Johnson Huber, founder of Structure Freedom and host of the podcast, Built to Last on Marriage, Motherhood, and Business. We help coaches create a signature offer and scale to consistent $20k-$50k cash flow months. All from a soul first, strategy second approach dripping in simplicity and timeless principles. Megan Huber is known as the Business Acceleration Mentor (BAM!), helping ambitious coaches and leaders grow their business to six and multiple six-figures in 12 months or less. As the former Director for an international coaching and online training company where she helped launch, develop, and run multi-million dollar coaching programs, Megna's business methodology incorporates timeless 7-figure strategic business growth principles combined with a relationship-based approach built on the stable foundation of trust, authenticity, and integrity. In a sea of coaches and online mentors who teach theory, Megan is highly focused on action, experience, implementation, and sustainable results. She's well-known for teaching from a place of living and being what she teaches. #builttolast #businessandbabies #mompreneuer

Ron Saharyan is the co-founder of Profit First Professionals along with childhood friend, author Mike Michaelowicz. Since starting Profit First Professionals in 2014 from the basement of Mike's house, Ron has implemented, certified, and taught Profit First to hundreds of Accounting, Bookkeeping, and Coaching Firms around the globe!   Ron is an expert in sales processes/systems, hiring, scaling, and operations. Ron is also known as “Obie Ron” throughout the Profit First Professionals for his business acumen.  Ron is an avid sports memorabilia collector and car enthusiast. He is married with a daughter living in New Jersey, USA. To learn more about Profit First Professionals, check out their website: https://profitfirstprofessionals.com/ You can also connect with Ron on LinkedIn: https://www.linkedin.com/in/ron-saharyan-3846a8/ or on Facebook: https://www.facebook.com/ron.saharyan ******************************************** Want to learn how to attract, hire, and retain top-tier employees? Interested in learning how to scale your business to increase revenue and profit while working less? Then join my Business Success Mastermind group. A new cohort is starting. Now accepting applications: https://ib4e-coaching.com/mastermind ******************************************** Please support this podcast: https://ib4e-coaching.com/podinfo #leadership #leadershiptraining #leadershipcoaching #business #success #ronsaharyan #profitfirstprofessionals #ib4e-coaching ******************************************** If you like this podcast, consider supporting the effort. Every little bit helps. Thanks.

This time on Delivering Marketing Joy, Kirby Hasseman talks with Best-Selling Author Mike Michaelowicz about his brand new book on marketing called "Get Different!" How can you stand out? What is the science behind it? Listen in to find out!

Perhaps the number one factor in business success is marketing... Most clients get their leads from referrals, but that can be risky.  All businesses need a system where they can throttle up their lead flow. We'll talk with Mike about his new system Different Is Better.  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. Join us and listen in. Find out more about our guest, Mike Michaelowicz here: https://mikemichalowicz.com/

So many women enter the world of entrepreneurship with the idea of more freedom in mind. Maybe it was a yearning for financial freedom, creative freedom, or overall freedom that got you here. Now, I know how easy it is to get wrapped up in your business so much that the idea of stepping away for a few weeks of vacation seems impossible and that freedom seems out of reach. I’ve been there. Maybe you are craving that freedom of more time, a vacation, or even doing more of what you love in the business but are stuck because your operations feel entirely reliant on you. If so, this is an episode you don’t want to miss. When you run a business, it’s easy to feel like it can’t operate without you there. The truth? It can. That’s why I was excited for the opportunity to have my friend and brilliant operations expert, Adrienne Dorison, join me on the show. Adrienne is the CEO and co-founder at Run like Clockwork and works with clients all around the world to help them achieve that sense of freedom that so many crave. Her goal for all her clients is to have them confidently take a four-week vacation away from their business. Now, that might sound crazy, but it is doable. Whether you are taking a vacation, stepping away on maternity leave, or just dealing with something unexpected that life throws at you, Adrienne believes it’s vital that your business can run without dependency on you. It’s all about systematizing your business and putting processes in place so your business and the daily operations no longer fall 100% on your shoulders. In this episode, Adrienne offers her top tips so you can start thinking about how to apply this approach in your business ASAP. Follow along as Adrienne and I dive into her story of becoming an “accidental entrepreneur” and discuss the approach she uses with her clients to leverage their zone of genius (while leaving the rest to their team). We touch upon the importance of viewing your role in your company as one that can (and will) evolve so you can operate more in your zone of genius and do more of what you love. The truth is, you don’t have to be (and shouldn’t be) the one doing everything. So, we also get into the power of a team and how it’s important to find the right people to train to run different aspects of the company (because automation isn’t always the answer). It’s important to know when to step away from a certain role or responsibility and accept that someone else can take over the role (with proper training and skills) without diminishing your brand. For those of you wondering if it is possible to step away from a personal brand, we cover that in detail too (hint: it is possible). Full disclosure, I'm not a natural systematizer, nor am I obsessed with operations, but I have come to see the value of it in my own life and business. So, if freedom feels like a far-fetched fantasy for you in your business, be sure to listen to this episode. And get ready to take some notes because, as it turns out, that freedom isn’t as out-of-reach as you may think. In this episode… 03:02] Welcome, Adrienne! Hear her story of how she became an “accidental” entrepreneur. [07:47] Learn what Lean Six Sigma is (and how it can help small businesses). [09:24] Adrienne discusses her partnership with Mike Michaelowicz (and how they both work in their own realm of genius). [16:11] Hear why it’s important for your role in your business to evolve. [21:07] Removing yourself from the business makes it more valuable (hear why). [21:58] How to take time off successfully (without your business suffering). [26:03] Can you still step away from your business if it’s a personal brand? [31:59] Hear what Adrienne is looking forward to in 2021. [34:35] Adrienne’s advice for living a life better than your dreams. [36:18] Hear how the I Heart My Life Mastermind can help you scale your business and achieve the freedom you’ve been craving. Quotes: “I realized that I don't have to be the one doing it. I just need to find the people who I can train and who have amazing skillsets to give our clients the results and the information that they're looking for.” -Emily Williams “I'm a big advocate of automation of certain things, but there are only so many things that you can automate. Your business does need people to help run it at a certain point. You need to make sure that you're open to other people supporting you, and start to slowly transfer those tasks off of your plate so that you can be prepared for taking time off.” -Adrienne Dorison “If you don't want to bury the art or carry the burden of always being the voice, then you can have other people step in and do that over time. Just have stronger brand frameworks, brand elements, and pillars that people can talk about that still makes sense for the brand. If you're not clear on those things first, it will be very challenging for other people to step in and start talking about things or for other people to trust them.” -Adrienne Dorison “That's always my approach with clockwork. It was like, what is your vision? What feels best? And then let's reverse engineer it and figure it out. There's always a way.” -Adrienne Dorison “There's a reason why my company is called I Heart My Life. It's not just about the business. It's about all the other components as well. And to just be behind the computer day after day and not doing anything else, that's not exactly why we started this in the first place.” -Emily Williams Links & Resources: Clockwork by Michael Michaelowicz Subscribe to the Podcast: I Heart My Life Show on Apple Podcasts I Heart My Life Show on Spotify Connect with Emily: I Heart My Life Website I Heart My Life on Instagram I Heart My Life on Facebook I Heart My Life on LinkedIn Email: info@iheartmylife.com Book a Call Episode Sponsor: I Heart My Life Mastermind

I thoroughly enjoy giving these business updates. On the last update, $10,000 Watches and The Four Windows, I shared how important it is for me to have mentors and people showing me my blind spots. I attended the Total Life Freedom Mastermind Retreat in Pittsburgh, PA last week. I've been cleaning non-stop and I'm exhausted, but the sacrifice is totally worth it! I've been cleaning offices with my kids every Saturday, but this past weekend my son was on a Royal Rangers Canoeing Action Camp. I had to clean 7 offices on Saturday and Sunday after a crazy week. I've been tracking the cleaning times of every office since July and this weekend opened up my eyes. My son has been doing bathrooms, some kitchens, and mopping. My daughter does dusting and glass cleaning. I do kitchens and vacuuming. I ended up doing the work of me and my son and identified a few areas to speed up. Each time one of my kids cannot help, I notice things that can be done better or faster. I train this into my kids and ultimately we got faster at the same level of quality.I'll be talking about this on an upcoming episode, but this week I started a major overhaul and redesign of my Carfagno Cleaning website. It's a ton of work and every change was inspired in some way by my trip to Pittsburgh.Okay, let's wrap this episode up with an audio recording that I did on my phone during an incredible discussion at my MCBA networking group this week. I've mentioned this before, but I'm the co-education chair with Shelby Miller of Keller Williams to generate excellent discussion and ideas between growing local business owners. I enjoy it. This week's topic was a TED talk by Mike Michaelowicz and his book "Profit First". I opened up the meeting by playing a 3-minute clip of my podcast episode "Kill Parkinson" to introduce the topic of plate sizes and our human psychology to finish the plate regardless of the size. We do this with time and money. Review that episode for more background. Then we opened up the discussion to members of the group and I only wish that I started the recorder sooner! Here's what I did get!Each person gave me permission to use the recording to help others, so I wanted to personally recommend each of their businesses!Tom McKee, Edward JonesGary Volpe, Volpe EnterprisesMarsha Poust, Signs by TomorrowJames Hardy, The Carpet Guys Lisa Reiss, Optivia HealthMelissa Brindley, Quakertown National Bank

Dans cette grande discussion pour entrepreneurs, Anthony St-Cyr reçoit le fondateur et directeur général de l'agence J7 Media, M. Antoine Gagné, pour discuter de la période du Black Friday.En plus d'avoir fondé et d'opérer actuellement son agence, Antoine Gagné anime deux Podcasts intitulés Hypercroissance et Social Selling. Décortiquer le Black Friday Le Black Friday est un événement qui s'étend sur plus d'un mois et qui comprend 6 étapes : 1. Réchauffement d'audience Cette période est la plus importante. Elle permet d'informer vos clients potentiels que vous ferez une offre spéciale pour le Black Friday. Le coût pour rejoindre les auditoires est environ deux fois moins cher que pendant la Black Friday Week. 2. Black Friday Week Environ 50 % des achats du Black Friday se font au cours de cette période. Le CPM (Coût par mille impressions) est moins élevé que pendant le Black Friday Weekend. 3. Black Friday Cette journée parle d'elle-même! Mais nous arrivons à toujours être aussi excités à chaque année. 4. Black Friday Weekend Ce weekend est une suite logique au Black Friday. Certaines compagnies préservent la même vente que celle qu'elles ont offertes pour le Black Friday alors que d'autres en créent une autre. Comme le Cyber Monday arrive, vous devez réchauffer votre audience pour ce Lundi spécial. 5. Cyber Monday Il s'agit encore une fois d'une suite logique. Encore une fois, vous pouvez garder votre offre du Black Friday ou en créer une autre. Dans cette période, jouez sur le “sentiment d'urgence”. 6. Cyber Monday Week Cette période facultative permet souvent aux entreprises d'écouler leurs inventaires. Livres et Podcasts recommandés par l'entrepreneur Antoine Gagné recommande l'écoute du Podcast Business Launch de Roland Freiser, un homme d'affaires qui a plus de 36 entreprises.Il nous suggère également la lecture des livres Venture Deals, de Brad Feld et Jason Mendelson qui est une bible décrivant tous les éléments importants pour comprendre les levées de fonds ainsi que le livre Profit First, de Mike Michaelowicz qui présente une façon de prioriser le profit au sein de son entreprise.

Listen in to this incredible episode with Mike Michaelowicz, Profit First creator and author of the new book Fix This Next. We discuss how Profit First principles can lead the creation of a truly deal-ready business, as well as: Foundations of Being Deal Ready Mike's new book, Fix This Next Thoughtfully Designing the Levels of Your Business Building a Deal-Ready Business And More! Plus, learn about the FREE assessment you can take to get started with what you need to fix next in your own business!

Listen in to this incredible episode with Mike Michaelowicz, Profit First creator and author of the new book Fix This Next. We discuss how Profit First principles can lead the creation of a truly deal-ready business, as well as:Foundations of Being Deal ReadyMike’s new book, Fix This NextThoughtfully Designing the Levels of Your BusinessBuilding a Deal-Ready BusinessAnd More!Plus, learn about the FREE assessment you can take to get started with what you need to fix next in your own business! See acast.com/privacy for privacy and opt-out information.

On this episode Kirby talks with Entrepreneur and Author Mike Michaelowicz on how to survive and thrive in this crisis...and his book Fix This Next! Listen in!

Today we’re talking all about the money, honey. It’s a crucial part of business success and yet it’s an area that a lot of creative entrepreneurs feel all the emotions over. Learning to separate your income and expenses from emotions is an important first step and one that Amy Laliberte teaches to her clients.  Amy is a virtual CFO for hire. Numbers are her jam and she provides bookkeeping services and CFO services for six and seven-figure business owners. But she also shares strategies that any business owner can put in place. So, if you’re not a six figurer earner, don’t worry—this message is still for you! Today we’re discussing the strategy from the Mike Michaelowicz book, Profit First, and the positive impact it will make on your business finances.  In this episode, you will learn: What the Profit First strategy is and how to implement it in your business The five bank accounts that your business needs to have set up right off the bat Why it’s crucial to address your money mindset in order to take control of your finances How to approach finances if you’re just working your side hustle right now and are thinking of going full-time The importance of separating your self-worth from your bottom line What professionals you want on your financial team  How all those courses and software free trials are eating into your profit (I know, I know—I love a good online course as much as the rest of you.) The importance of choosing your clients instead of simply letting them choose you (hint-hint: not everyone in your niche is right for you) LINKS Amy’s profit calculator: DOWNLOAD HERE Check out the book Profit First: https://profitfirstbook.com/ Amy’s Website: https://myvirtualcfo.co/ Facebook: https://www.facebook.com/thewellnessbookkeeper/ Instagram: https://www.instagram.com/myvirtualcfo/ LinkedIn: https://www.linkedin.com/in/alaliberte/ QUOTES “If somebody claims that they don’t have a good relationship with money, I would argue that you need to take a timeout and really unpack what that’s about.” “In order to grow, we need to turn around and examine what those thought patterns are and really decide, ‘Do we make money from and are we willing to step into an area of discomfort in order to become a better creative and to have a better relationship with your money.’” “Whatever is in your bank account, or not in your bank account, doesn’t have any correlation to you. It’s just a number.” “Oftentimes, people think that to get from their nine to five to their side hustle is something that has to take a very long time. If you’re really pragmatic and in relationship with your numbers, even if it’s just from a very simplistic way, to get there, it’s really not going to take that long. It’s just your limiting beliefs that are causing you to have that pause and question whether or not that’s possible.” “If you know that you’re going to be working a good chunk of the time for six months out of the year, you can use Profit First to create a vault that will just tuck your money away so that you can then not be in a panic come January/February when you’re not getting paid.” “So often, we’re telling the stories of our past when we really should be addressing them presently so that we can make better future decisions.”  “I pay myself because I work hard and I provide a quality service for my clients. And as a result of that, I reward myself with deliberately providing for, mentally myself, but for my family.” “It’s not about you having to pay yourself in order to be a contributor to your family, but it could be that I pay myself as a token of appreciation for the work that I do for my clients.” “You are great, no matter what your bank account says. You’re human. You’re worthy of everything just as much as the next person ad the next person and the next person.” “It’s not about, ‘Oh, I need to get to $100,000.’ It’s, what is this? What is the one step I can take today? That will get me closer to that destination.” “I think it’s always smart for you to work with someone like a bookkeeper just to get you started. I’m not saying hold them on as a retainer because I think there are other ways that you can leverage your money from that. But if you have your books set up properly at the getgo, it will help you when you are ready to bring on that person on your team.” “A bookkeeper is the person that’s working in your day to day business and can see all the different nuanced micro things that are happening. A CPA, an accountant, is really looking at your business from a tax lens.” “One of my things is to not buy any course for the sake of buying a course. I only buy courses at the present moment that I’m actually going to utilize them.” “You need to make sure that the people that you have in the bus are sitting on the right seats.” “If you’re really digging into your numbers and you can’t tell yourself what that thing was for, then chances are, it’s probably not essential to the benefit of your business.” “If you’re holding space with a client who isn’t the right fit, you are missing out on a chance to fill that space with a client who is.” “You could very well be serving a niche, but there are people within that niche that are not a good fit for you.”

I’m elated to bring you another one of my favorite friendtors, Mike Michaelowicz. He’s the author of several books that have dramatically improved my business: Profit First, Clockwork, and now this week we’re talking about his latest upcoming release, Fix This Next: Make the Vital Change that Will Level Up Your Business. Mike was last on the show in episode 37, Surge: How to Spot and Ride Trend Waves. This is also our second round of the live Pivot Podcast + Momentum Book Club, so you’ll hear a few Mo’ members ask questions at the end. Reminder that doors for this round of Momentum enrollment close today! Join us here » Check out full show notes from this episode with links to resources mentioned at PivotMethod.com/161.

Coran Woodmass, the founder of thefbabroker.com, is a specialist ‘Fulfilment By Amazon’ or FBA Business Sales Broker who helps online founders sell their businesses. E-commerce is shifting away from selling exclusively on Amazon and investors are starting to prefer buying a brand. In this episode we’ll dive into that, as well as: The process of selling an e-commerce brand  What investors expect from your business When it’s the right time to sell your e-commerce business and its correlation with scaling Why some people shouldn’t sell     More information on Coran can be found on https://thefbabroker.com/about Resources Mentioned: Investing in DTC (Direct to Consumer) Brands, Podcast Raising Capital from VC’s and Angels, Podcast Profit First, by Mike Michaelowicz Our interview with Profit First author, Mike Michaelowicz

Author Mike Michaelowicz has built, earned, and lost it all, only to rebuilt it again by creating businesses based on the premise that you take care of Profit First. In his series of books, Mike talks honestly about how the loss of his businesses inspired him to re-examine the accepted principal of Income - Expenses = Profit. Mike made a simple switch: Income - Profit = Expense. That one change changed everything.

Hey Profit Nation, In this episode we talk about the root of profitability for your business. We discuss the dreaded "B" word Budgeting. This is the most critical element for becoming a profitable business. Your budget shows you what your income and outflows work out. In the episode Jeff talks about Mike Michaelowicz's book Profit FIrst. In this book Mike talks about the GAAP (Generally Accepted Accounting Practices) equation which is: Income - Expenses = Profit Mike feels this is foolish and should be: Income - Profits = Expenses Based on this equation, Jeff walks you through a basic budgeting exercise using 6 sheets of paper to break down your Business and Personal Budgets. If you are interested in learning how to do this more in detail our Profit Producers Launchpad program will we launching more in a few weeks. More information here: www.profitproducers.net

After reading the book Clockwork by Mike Michaelowicz, Brandon implemented six takeaways to help improve the systems at Craven Local Food Market.  For more information on Mike, check out: https://www.mikemichalowicz.com Podcast Sponsered by: www.bootstrapfarmer.com with Music from Random Rab at: http://randomrab.com

Mike Michaelowicz is on the show today! Jessica and Jaclyn sit down with Mike, author of Clockwork, to discuss author vs. entrepreneur. Bio: Mike Michaelowicz 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. […] The post Ep. 288 | Author vs. Entrepreneur with Mike Michalowicz, Author of Clockwork. appeared first on Jaclyn Mellone || Go-To Gal Podcast.

Does your business look good on paper, but it’s actually living on borrowed time?Several years ago I had the sincere pleasure of interviewing the extraordinary entrepreneur and author, Mike Michaelowicz on my live video show. It was such an eye-opening and engaging interview, I wanted to share it with you, my podcast listeners.Many founders live in what I’ll call entrepreneurial poverty… walking a stressful tightrope of financial instability.But it doesn’t have to be that way IF you implement Mike’s advice from his book … Profit First: Transform Your Business from a Cash-Eating Monster to a Money-Making Machine. Throughout this 30 minute interview, Mikes shares tactics that will help you create a predictably profitable business.My favorite quote from the interview: "Profit is not an event. It's a habit.”Get ready to learn some valuable tips for your biz… I promise you’ll be smiling throughout the interview from Mike’s self deprecating humor. I’m so grateful you tuned in - enjoy the conversation – cheers!Ande*About Mike Micalowicz*Mike Michalowicz is the entrepreneur behind three multi-million dollar companies and is the author of Profit First, The Pumpkin Plan and what BusinessWeek deemed the entrepreneurs cult classic, The Toilet Paper Entrepreneur. Mike is a former small business columnist for The Wall Street Journal, and regularly travels the globe as entrepreneurial advocateYou can learn more about Mike at his website http://www.mikemichalowicz.com/.

Lourdes Salinas es una empresaria mexicana de 31 años, que fundó Three Consultoría Medioambiental, empresa que se dedica al diseño e ingeniería sustentable. Identificando una brecha en México, donde existe una falta de educación y análisis técnico alrededor de la arquitectura ambiental, su compañía ayuda a los arquitectos a cuantificar y evaluar el impacto ecológico de sus proyectos. Escucha cómo el análisis cuantitativo genera ahorros para sus clientes y por qué ella considera que EO ha formado una parte vital para incrementar la eficiencia de su compañía, mientras le ha ayudado personalmente a tener un mejor balance de trabajo y vida. ¡Escucha el podcast hoy!   Notas 1:35 Lourdes Salinas platica por qué decidió ser emprendedora. 2:48 Lourdes encuentra una brecha en el mercado. Ella se da cuenta que en México había mucho trabajo por hacer en el área de educación o arquitectura ecológica, normatividad y análisis técnicos. 3:28 Lourdes nos habla de su trayectoria profesional. 4:27 Ella habla sobre un proyecto típico de consultoría medioambiental. 5:50 Lourdes nos cuenta de cómo se enteró de EO y por qué decidió entrar. 7:40 En EO, Lourdes ha aprendido metodologías que la han hecho incrementar la eficiencia de su negocio. A través del networking con otros miembros, ha conocido soluciones que otros empresarios han implementado en sus negocios. 8:15 Lourdes también ha podido tener un mejor entendimiento de cómo lograr un balance de vida y carrera. 9:55 Las personas que invierten para estar en EO, no invierten solo en sus negocios, invierten también en sí mismos. 10:15 Lourdes nos habla sobre cómo se prepara en la mañana para tener un gran día. 11:15 Los tres libros que han ayudado a Lourdes a escalar su negocio son: Grit, de Angela Duckworth, The Servant de James C. Hunter y Natural Capitalism de Paul Hawken, Amory Lovins y Hunter Lovins. 14:02 Lourdes nos dice qué es lo que más le gusta de ser emprendedora y también lo más duro. 17:20 Lourdes lleva unos meses desarrollando su propósito de empresa. Quiere inspirar pasión y servicio por la sustentabilidad y la calidad de vida de las personas. 18:35 Ella se considera del tipo de persona que se quiere comer al mundo. Se dio cuenta de que a veces es necesario hacer pausas. Sin embargo, agrega un matiz, diciendo que una cosa es tener pausas y otra es dejar de soñar. 20:25 Agradecimientos.   Recursos mencionados Libros: Angela Duckworth, Grit. The Power of Passion and Perseverance. James C. Hunter. The Servant: A Simple Story about the True Essence of Leadership. Paul Hawken, Amory Lovins y Hunter Lovins. Natural Capitalism: Creating the Next Industrial Revolution. Bill Bryson. A Short History of Nearly Everything. Mike Michaelowicz. Profit First. Recursos para miembros de EOEntrevista a Mike Michaelowicz sobre su libro Profit First. https://goo.gl/wd4WeM

Mike Michalowicz* is the entrepreneur behind three multimillion 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. Mike is a former small business columnist for The Wall Street Journal and the former business makeover specialist on MSNBC. Today Mike travels the world as entrepreneurial advocate speaking to groups just like ours. He is globally recognized as the guy who “challenges out dated business beliefs” and teaches us what to do about it. Over the next 4 shows you will learn: Recourses to improve your knowledge around financial management Tips for improving cash flow in your business Strategies to reduce expenses How to stick to your New Year financial resolutions

Spencer Shadrak used to be a realtor, but he has been Wholesaling full-time for the past two years, and he’s made more than 50 deals in that time. He has built an awesome process, from marketing to close, and he’s kind enough to share it with the tribe.   IN THIS EPISODE YOU’LL LEARN: The mindset shift that pushed Spencer to go full-time The streamlined, repeatable process that helps Spencer make so many deals   RESOURCES: DirtCheapSigns.com SimpleCrew CallRail Podio Profit First by Mike Michaelowicz

Learn how to time market waves and ride them to profit with Mike talking about his new book "Surge!"