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...
September 9, 2024
Your Money and Emotions – Breaking the Money Shame Cycle with Profit First
Not everyone talks about it, but everyone feels it: managing money is a source of anxiety. It's easy to feel like your self-worth is tied to your business's bottom line....
September 8, 2024
The Profit-First Transformation: A Personal Journey
Once upon a time, I was a small business angel investor… and lost everything. When I met Debbie Horovitch at a speaking engagement, her struggles resonated with me. After going...
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...
August 10, 2023
Creating Systems for Revenue Goals – And Avoid Being a One-Hit-Wonder
The pursuit of revenue is a central goal among small business owners. Traditionally, many businesses have focused solely on sales as the primary driver of income. But I'd like...
March 24, 2023
The Future You
Here’s a quick question to contemplate: How are you serving your future self? As much as I like to stay present, I also realize that the decisions I...