Profit
July 28, 2014
TEDx Profit First by Mike Michalowicz
The GAAP formula has been around for ever: Sales - Expenses = Profit. Too bad its wrong. The formula rarely results in profit, and by using this formula most entrepreneurs...
March 24, 2014
What Gets Measured Gets Managed (Including The Bad Stuff)
My newest book, Profit First, shares a money management system that leverages human behavior. Traditional accounting is logic based. It makes sense, logically. But us humans aren’t logical beasts, we...
March 10, 2014
Profit First, Expenses Last
Tax season always seemed a little bit like Christmas morning to me. Not! I hated the tax season surprises. Additional taxes due. Surprise. No refund. Surprise. And the worst of...
January 22, 2014
Budgets And Stick To Them
Just because you have a budget and planned your financials, doesn’t mean you’ll stick with it. In fact, entrepreneurs rarely do. What I have found to be effective though, is...
November 21, 2013
A Lesson In Profit First: How Healthy Is Your Business?
As I conducted interviews for Profit First, I found a scary trend. Of the 300+ entrepreneurs I spoke with for this book, most are quick to share - scratch that,...
