Profit First
September 12, 2024
Peace of Mind – and Money
I know I seem pretty happy-go-lucky these days, but once upon a time, I was the poster child for financial stress. After selling a couple of businesses, I thought...
March 25, 2024
“Profit” Isn’t a Dirty Word – Why You Should Master Profit Distribution vs. Owner’s Compensation
Since writing Profit First, I’ve heard quite a few comments (and eye rolls) over the word, “profit”, itself. This always makes me curious. What’s so bad about making a...
March 12, 2024
Mastering Profit First: Master Your Percentage Allocations
At its core, Profit First is all about flipping the script on traditional accounting and prioritizing profit from day one. One of the key pillars of Profit First...
March 5, 2024
The Profit First Formula Explained
Man, do I get hassled about the Profit First formula. Let me be clear, I do believe following the GAAP (Generally Accepted Accounting Principles) is important so that when...
February 28, 2024
Get Out of the Survival Trap – For Good
How many decisions did you make for your business last year? Decisions to solve a problem, fix a mistake, decide whether or not to take advantage of an opportunity, add...
September 4, 2023
Organizing Your Cash Flow with Mike Michalowicz
Summer is coming to a close, and for some, it means a big ramp-up into the old routine and the hustle and bustle that goes along with it. But...
March 22, 2023
6 Steps to Avoid Business Burnout
Since April is Stress Awareness Month, it’s a great time to remind each other that we humans are - well, human. So here’s my big question to you: Are...
March 21, 2023
Relay is becoming the official banking platform for Profit First
Today, I’m thrilled to announce that Relay is becoming the official banking platform for users of Profit First. We’re joining forces because Relay is deeply committed to keeping business owners...
February 28, 2023
What the Heck is Profit First?
"What the heck is Profit First?" I heard this question a couple of years ago from across the room where I was speaking. An entrepreneur was explaining the system to...
February 27, 2023
Profit First- Hack to Habit
Some people find it hard to begin the Profit First system because it requires discipline and dedication. It requires creating a budget and sticking to it, which can be...