Episode #38: Take Profit First | Mike Michalowicz

July 11, 2017

Share this idea

Share your quick thought

This presentation is brought to you by Ekwa Marketing, a leader in digital marketing for Growing dentists!

Like this podcast? Share this idea with dentists in your circle who you think might benefit from it.

Key Points at a Glance

  • Mike Michalowicz, Entrepreneur and Author, in conversation with Naren Arulrajah
  • Writes books for small businesses
  • Latest book is Profit First
  • Learning from mistakes
  • 83% of businesses run paycheck to paycheck
  • Sales – profit= expenses
  • Parkinson’s Law. Greater supply, greater consumption
  • Once you possess something, you make more of an effort to retain it
  • Have a separate bank account that you put a percentage in and use itonly for one purpose
  • Don’t let your business be led by your expenses, let profit drive your business
  • Start slowly, don’t try to do it all at once

Visit: www.mikemichalowicz.com or www.profitfirstbook.com

We are waiting to hear from you! Share your thoughts on this Episode or give us your comments here:

Visit our About Page to learn more about Growing Dentist. Click here to Contact Us.

Latest Podcast Shows

Sign up for new Podcasts

Your Peers cannot be wrong! Join the Growing Dentist community! Registration is fast and free!