Profit First: Transform Your Business from a Cash-Eating Monster to a Money-Making Machine

"Mike has written a very easy to read" according to Moshe Amsel. This book is a must read for anyone interested in starting a business or is already a business owner. Heck this book will help you even if you use it for your personal finances. Mike has written a very easy to read, page turner that you will not be able to put down! As a reader of well over 1,000 business books, this one is in my top ten for sure!I am an accountant, I own my own business and I absolutely love this book! You might. In my top 3 booksever! Where does Profit First rank among all the books you’ve read thus far?In the top 3. Hands down. The author delivered the goods and they will pay a million foldliterally!What other book might you compare Profit First to and why?The art of the deal. Both are business books, both are about winning, however Profit First is by far better and more actionable than the art of the deal.Any additional comments?I recommend getting the. Moose said An unconventional common-sense approach. Let me just say that I'm not the average client. I'm a college graduate in a third world country attempting to reverse a massive debt that has been incurred in mismanaged distribution company run by my dad.I've not completed the book, however I find that the core idea is one that is essential. Energy follows focus, and a focus on profit is only common scene. Except that most people do not follow it.Regardless of the scenario you

Author of cult classics The Pumpkin Plan and The Toilet Paper Entrepreneur offers a simple, counterintuitive cash management solution that will help small businesses break out of the doom spiral and achieve instant profitability.Conventional accounting uses the logical (albeit, flawed) formula: Sales - Expenses = Profit. 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.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.. Serial entrepreneur Mike Michalowicz has developed a behavioral approach to accounting to fl

Follow Mike’s counter-intuitive advice and put profits first.” --VERNE HARNISH, author of Scaling Up“Profit First is a brilliant smack-upside-the-head revelation for entrepreneurs. I implemented the system into both of my businesses and increased profits by 21%. Clever, easy to implement and absolutely effective (plus you will enjoy reading it).”—SOFIA MACIAS, author of Pequeño Cerdo Capitalista“Entrepreneurs and small business advisors finally have a practical toolkit for increasing profitability! Everyone who touches the small business world should read and apply these game-changing principles.”—JOE WOODARD, CEO of Woodard Events and Woodard Consulting“I took the pledge and started implementing the Profit First system after reading Chapter One. Most small businesses look pretty good on the outside, yet actually struggle to stay afloat. By the time I was halfway throug

MIKE MICHALOWICZ launched and sold two multi-million dollar companies and is co-founder of Profit First Professionals, a membership organization of accountants, bookkeepers and business coaches who teach the Profit First method. He is a former columnist for The Wall Street Journal, is a popular speaker and has shared his insights on business and entrepreneurship at TEDx, creativeLIVE, INCmty and others. . His columns have appeared in Entrepreneur Magazine,