Profit First

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Profit First
Author: Mike Michalowicz
Publisher: Penguin
Release Date: 2017-01-18
ISBN 10: 0735214166
Pages: 224 pages
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Profit First Book Summary : 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. The problem is, businesses are run by humans, and humans aren't always logical. Serial entrepreneur Mike Michalowicz has developed a behavioral approach to accounting to flip the formula: Sales - Profit = Expenses. Just as the most effective weight loss strategy is to limit portions by using smaller plates, Michalowicz shows that by taking profit first and apportioning only what remains for expenses, entrepreneurs will transform their businesses from cash-eating monsters to profitable cash cows. 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.

Profit First
Author: Mike Michalowicz
Publisher: Penguin
Release Date: 2017
ISBN 10: 073521414X
Pages: 224 pages
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Profit First Book Summary : 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. The problem is, businesses are run by humans, and humans aren't always logical. Serial entrepreneur Mike Michalowicz has developed a behavioral approach to accounting to flip the formula: Sales - Profit = Expenses. Just as the most effective weight loss strategy is to limit portions by using smaller plates, Michalowicz shows that by taking profit first and apportioning only what remains for expenses, entrepreneurs will transform their businesses from cash-eating monsters to profitable cash cows. 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.

Profit First for Microgyms
Author: John Briggs
Publisher: N.A
Release Date: 2019-06
ISBN 10: 9781733179003
Pages: 226 pages
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Profit First for Microgyms Book Summary : Profit First for Microgyms adapts the simple cash flow method revealed in Mike Michalowicz's bestselling book, Profit First, to help you become profitable from your next deposit. Using humor and true stories about his clients and his own microgym, John Briggs offers a step-by-step plan to help transform your microgym into a profitable business.

The Pumpkin Plan
Author: Mike Michalowicz
Publisher: Penguin
Release Date: 2012-07-05
ISBN 10: 1101572310
Pages: 240 pages
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The Pumpkin Plan Book Summary : Each year Americans start one million new businesses, nearly 80 percent of which fail within the first five years. Under such pressure to stay alive—let alone grow—it’s easy for entrepreneurs to get caught up in a never-ending cycle of “sell it—do it, sell it—do it” that leaves them exhausted, frustrated, and unable to get ahead no matter how hard they try. This is the exact situation Mike Michalowicz found himself in when he was trying to grow his first company. Although it was making steady money, there was never very much left over and he was chasing customers left and right, putting in twenty-eight-hour days, eight days a week. The punishing grind never let up. His company was alive but stunted, and he was barely breathing. That’s when he discovered an unlikely source of inspiration—pumpkin farmers. After reading an article about a local farmer who had dedicated his life to growing giant pump­kins, Michalowicz realized the same process could apply to growing a business. He tested the Pumpkin Plan on his own company and transformed it into a remarkable, multimillion-dollar industry leader. First he did it for himself. Then for others. And now you. So what is the Pumpkin Plan? Plant the right seeds: Don’t waste time doing a bunch of different things just to please your customers. Instead, identify the thing you do better than anyone else and focus all of your attention, money, and time on figuring out how to grow your company doing it. Weed out the losers: In a pumpkin patch small, rotten pumpkins stunt the growth of the robust, healthy ones. The same is true of customers. Figure out which customers add the most value and provide the best opportunities for sustained growth. Then ditch the worst of the worst. Nurture the winners: Once you figure out who your best customers are, blow their minds with care. Discover their unfulfilled needs, innovate to make their wishes come true, and overdeliver on every single promise. Full of stories of other successful entrepreneurs, The Pumpkin Plan guides you through unconven­tional strategies to help you build a truly profitable blue-ribbon company that is the best in its field.

Profit First for Tradies
Author: Katie Crismale-Marshall
Publisher: N.A
Release Date: 2020-04-14
ISBN 10: 9781925921786
Pages: 162 pages
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Profit First for Tradies Book Summary : If you have finally had enough of the constant cash flow struggle and you are ready to make a change, Profit First for Tradies will guide you. Katie Crismale- Marshall has taken the core concepts of Mike Michalowicz's Profit First method and customised it to meet the specific needs of Australian tradies. IN THIS PRACTICAL, EASY-TO-READ BOOK YOU WILL LEARN HOW TO: Check the foundations of your business to make sure they are rock solid Live the life you dreamed of when you first became self-employed Find profit in your business you didn't know you had Recognise common mistakes so you can avoid them Organise your finances to make them actually useful to you Make a profit in your business from day one Find your financial rhythm and stick at it Set up Profit First without being overwhelmed If you are ready to be a tradie who is permanently profitable, with money in the bank and all of your concerns and stress about cash flow overcome, this is the book for you.

Clockwork
Author: Mike Michalowicz
Publisher: Penguin
Release Date: 2018-08-21
ISBN 10: 0525534024
Pages: 272 pages
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Clockwork Book Summary : Do you worry that your business will collapse without your constant presence? Are you sacrificing your family, friendships, and freedom to keep your business alive? What if instead your business could run itself, freeing you to do what you love when you want, while it continues to grow and turn a profit? It's possible. And it's easier than you think. If you're like most entrepreneurs, you started your business so you could be your own boss, make the money you deserve, and live life on your own terms. In reality, you're bogged down in the daily grind, constantly putting out fires, answering an endless stream of questions, and continually hunting for cash. Now, Mike Michalowicz, the author of Profit First and other small-business bestsellers, offers a straightforward step-by-step path out of this dilemma. In Clockwork, he draws on more than six years of research and real life examples to explain his simple approach to making your business ultra-efficient. Among other powerful strategies, you will discover how to: • Make your employees act like owners: Free yourself from micromanaging by using a simple technique to empower your people to make smart decisions without you. • Pinpoint your business's most important function: Unleash incredible efficiency by identifying and focusing everyone on the one function that is most crucial to your business. • Know what to fix next: Most entrepreneurs try to fix every inefficiency at once and end up fixing nothing. Use the "weakest link in the chain" method to find the one fix that will add the most value now. Whether you have a staff of one, one hundred, or somewhere in between, whether you're a new entrepreneur or have been overworked and overstressed for years, Clockwork is your path to finally making your business work for you.

The Toilet Paper Entrepreneur
Author: Mike Michalowicz
Publisher: Toilet Paper Entrepreneur
Release Date: 2008
ISBN 10: 0981808204
Pages: 175 pages
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The Toilet Paper Entrepreneur Book Summary : Trying to start a business in this economy? Struggling with little or no cash? Have no experience, no baseline to judge your progress against? Whether you’re just starting out or have been at it for years, the Toilet Paper Entrepreneur's "get real", actionable approach to business is a much-needed swift kick in the pants.

Profit First
Author: Mike Michalowicz
Publisher: Portfolio Trade
Release Date: 2017-02-21
ISBN 10: 073521414X
Pages: 224 pages
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Profit First Book Summary : 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. The problem is, businesses are run by humans, and humans aren't always logical. Serial entrepreneur Mike Michalowicz has developed a behavioral approach to accounting to flip the formula: Sales - Profit = Expenses. Just as the most effective weight loss strategy is to limit portions by using smaller plates, Michalowicz shows that by taking profit first and apportioning only what remains for expenses, entrepreneurs will transform their businesses from cash-eating monsters to profitable cash cows. 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 achieiving 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.

Fix This Next
Author: Mike Michalowicz
Publisher: Penguin
Release Date: 2020-04-28
ISBN 10: 059308442X
Pages: 272 pages
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Fix This Next Book Summary : From Mike Michalowicz, the author of PROFIT FIRST, CLOCKWORK, and THE PUMPKIN PLAN, comes the ultimate diagnostic tool for every entrepreneur. The biggest problem entrepreneurs have is that they don't know what their biggest problem is. If you find yourself trapped between stagnating sales, staff turnover, and unhappy customers, what do you fix first? Every issue seems urgent -- but there's no way to address all of them at once. The result? A business that continues to go in endless circles putting out urgent fires and prioritizing the wrong things. Fortunately, Mike Michalowicz has a simple system to help you eradicate these frustrations and get your business moving forward, fast. Mike himself has lived through the struggles and countless distractions of entrepreneurship, and devoted years to finding a simple way to pinpoint exactly where to direct attention for rapid growth. He figured out that every business has a hierarchy of needs, and if you can understand where you are in that hierarchy, you can identify what needs immediate attention. Simply fix that one thing next, and your business will naturally and effortlessly level-up. Over the past decade, Mike has developed an ardent following for his funny, honest, and actionable insights told through the stories of real entrepreneurs. Now, Fix This Next offers a simple, unique, and wildly powerful business compass that has already helped hundreds of companies get to the next level, and will do the same for you. Immediately.

Your Digital Undertaker
Author: Sharon Hartung
Publisher: FriesenPress
Release Date: 2019-02-22
ISBN 10: 1999450159
Pages: 288 pages
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Your Digital Undertaker Book Summary : If you are an adult Canadian who uses e-mail and surfs the internet, this book is for you. In a unique and humorous way, this former military officer and tech executive shares what she’s learned about the estate industry and the taboo topic of preparing for one’s own death. Preparing for death doesn’t need to be scary or foreboding. It can actually be liberating and energizing. Join Your Digital Undertaker in an exploration of death in the digital age in Canada, which lifts the lid on how the deathcare and estate industry works today, and tackles it through the project management and digital lens. This exploration includes simple diagrams, easy to understand scenarios, and user options that require only a couple of mouse clicks. You’ll learn your digital life is not isolated from your physical life, as technology is the new player at the estate planning table. Cracking the code to digital death and its afterlife requires deciphering the code for your regular and physical life. By the end of this book, you should feel armed with questions and a perspective on how to tackle your digital life in the context of your overall estate. You might even walk away inspired to get on with dealing with your will and estate plan with estate planning professionals. If you are a named executor in a will or appointed in a Power of Attorney, this book is for you as well, as it might motivate you to ask a lot more questions about your role before you get handed “digital hell in a hand basket”. For those having the challenging conversations with their parents, family members or clients, let Your Digital Undertaker ask some of the basic questions and open the door for a meaningful discussion.

Summary  Profit First
Author: BusinessNews Publishing
Publisher: Must Read Summaries
Release Date: 2015-07-01
ISBN 10: 2511035901
Pages: 9 pages
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Summary Profit First Book Summary : The must-read summary of Michael Michalowicz's book: "Profit First: A Simple System to Transform Any Business from a Cash Eating Monster to a Money-Making Machine". This complete summary of the ideas from Michael Michalowicz's book "Profit First" introduces the Profit First Approach. According to Michalowicz, this approach means prioritising profit, instead of leaving it as an afterthought. By following this approach, you can secure your profits and run your business on the remaining cash. There are four steps to install the Profit First Approach: 1. Draw a line in the sand 2. Set up your Profit First system 3. Use Profit First to destroy debt and optimise your business 4. Integrate some advanced techniques into your Profit First system Added-value of this summary: • Save time • Prioritise your company’s profits • Make your company permanently profitable To learn more, read “Profit First” and get your business profit-ready!

Profit First   Powerful Techniques to Become a Successful Online Business Owner Series
Author: Colt Forte
Publisher: Swiss and This LLC
Release Date: 2019-12
ISBN 10: 9781951181192
Pages: 374 pages
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Profit First Powerful Techniques to Become a Successful Online Business Owner Series Book Summary : Find out the 5 most lucrative online business models for 2020. Learn how to create and scale your online business fast while putting profit first! Business is not about guessing what works and what doesn ́t. It is all about the right strategy. See why the right mindset is so important for the business owner and its employees.

Dreams from My Father
Author: Barack Obama
Publisher: Broadway Books
Release Date: 2007-01-09
ISBN 10: 0307394123
Pages: 464 pages
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Dreams from My Father Book Summary : #1 NEW YORK TIMES BESTSELLER • ONE OF ESSENCE’S 50 MOST IMPACTFUL BLACK BOOKS OF THE PAST 50 YEARS In this iconic memoir of his early days, Barack Obama “guides us straight to the intersection of the most serious questions of identity, class, and race” (The Washington Post Book World). “Quite extraordinary.”—Toni Morrison In this lyrical, unsentimental, and compelling memoir, the son of a black African father and a white American mother searches for a workable meaning to his life as a black American. It begins in New York, where Barack Obama learns that his father—a figure he knows more as a myth than as a man—has been killed in a car accident. This sudden death inspires an emotional odyssey—first to a small town in Kansas, from which he retraces the migration of his mother’s family to Hawaii, and then to Kenya, where he meets the African side of his family, confronts the bitter truth of his father’s life, and at last reconciles his divided inheritance. Praise for Dreams from My Father “Beautifully crafted . . . moving and candid . . . This book belongs on the shelf beside works like James McBride’s The Color of Water and Gregory Howard Williams’s Life on the Color Line as a tale of living astride America’s racial categories.”—Scott Turow “Provocative . . . Persuasively describes the phenomenon of belonging to two different worlds, and thus belonging to neither.”—The New York Times Book Review “Obama’s writing is incisive yet forgiving. This is a book worth savoring.”—Alex Kotlowitz, author of There Are No Children Here “One of the most powerful books of self-discovery I’ve ever read, all the more so for its illuminating insights into the problems not only of race, class, and color, but of culture and ethnicity. It is also beautifully written, skillfully layered, and paced like a good novel.”—Charlayne Hunter-Gault, author of In My Place “Dreams from My Father is an exquisite, sensitive study of this wonderful young author’s journey into adulthood, his search for community and his place in it, his quest for an understanding of his roots, and his discovery of the poetry of human life. Perceptive and wise, this book will tell you something about yourself whether you are black or white.”—Marian Wright Edelman

The Global 1980s
Author: Jonathan Davis
Publisher: Routledge
Release Date: 2019-03-28
ISBN 10: 0429624360
Pages: 288 pages
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The Global 1980s Book Summary : The Global 1980s takes an international perspective on the upheaval across the world during the long 1980s (1979–1991) with the end of the Cold War, a move towards a free-market economic system, and the increasing connectedness of the world. The 1980s was a decade of unimaginable change. At its start, dictatorships across the world appeared stable, the state was still seen as having a role to play in ensuring people’s well-being, and the Cold War seemed set to continue long into the future. By the end of the decade, dictatorships had fallen, globalisation was on the march and the opening of the Berlin Wall paved the way for the end of the Cold War. Divided into four chronological parts, sixteen chapters on themes including domestic politics, the global spread of democracy, international relations and global concerns including AIDS, acid rain and nuclear war, explore how world-wide change was initiated both from above and below. The book covers such topics as ideological changes in the liberal democratic west and socialist east, protests against nuclear weapons and for democratic governance, global environmental worries, and the end of apartheid in South Africa. Offering an overview of a decade in transition, as the global order established after 1945 broke down and a new, globalised world order emerged, and supported by case studies from across the world, this truly global book is an essential resource for students and scholars of the long 1980s and the twentieth century more generally.

Cause for Success
Author: Christine Arena
Publisher: New World Library
Release Date: 2011-02-08
ISBN 10: 9781577319214
Pages: 224 pages
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Cause for Success Book Summary : Stung by corporate scandals and media mayhem, many companies have begun integrating terms like "sustainable business," "conscious capitalism," and "ethical business" into their annual reports. Is it more corporate greenwashing or are businesses today really changing how and with whom they do business? Can corporate social responsibility become a new business standard? When it comes to implementing the kind of business strategies that create vital social and economic returns, many corporate leaders find themselves at a loss. "This is because, unlike branding or accounting, there are far too few solid industry case studies that profile the success stories and how those companies got there," says author and award-winning marketing specialist Christine Arena. Arena finds reasons to be optimistic while she examines new business paradigms for doing good and translating that good into profit. From Hewlett-Packard to British Petroleum to Stonyfield Farms and The Body Shop, Cause For Success profiles two case-study companies per chapter, exploring ideas such as philanthropy partnerships, ethics-driven businesses, how companies are serving the world's poor, bottom-line advantages of standing for social justice, as well as how some of the worst corporate citizens have become some of the best.