Back to Explore


Profit First book summary

  10 minute read


Send to Kindle


4898

Please login to rate.

Book Summary - Profit First: Transform Your Business from a Cash-Eating Monster to a Money-Making Machine by Mike Michalowicz 

Key Insights

If you’re like many small business owners, financial freedom is probably one of the reasons you went into business for yourself. Not having to rely on someone else to cut you a paycheck, no limit on what you can earn... that’s the dream! Ironically, though financial freedom is what many of us are searching for, it's incredible how quickly you can get bogged down and stressed out by managing expenses when you start a small business. Mike Michalowicz, the writer of Profit First, has a solution to dealing with financial burdens: putting profit first. Read on to discover how putting profit first can be game-changing for your small business, how it can help you to get out of the survival trap, and why adhering to the standard formula for determining profit...

Get the best of Sumizeit


Sign up to see the full content for this book summary. Creating an account is free. You get 3 free summaries. No credit card required.

Upgrade to a Sumizeit Premium Subscription for unlimited access to our large library of text, audio, and video summaries.


Preview

If you’re like many small business owners, financial freedom is probably one of the reasons you went into business for yourself. Mike Michalowicz, the writer of Profit First, has a solution to dealing with financial burdens: putting profit first. Read on to discover how putting profit first can be game-changing for your small business, how it can help you to get out of the survival trap, and why adhering to the standard formula for determining profit might be holding you back.

About the Author

Mike Michalowicz is an American author, entrepreneur, and lecturer. He hosted the reality television program called Bailout!. He is the “Business Rescue” segment host for MSNBC Your Business. He previously worked for Wall Street Journal’s small business section, where he wrote the Small Business Shortcuts series. He is a contributor to Entrepreneur Magazine and is a columnist for American Express’ Open Forum series. He has appeared on television shows such as CNBC’s The Big Idea with Donny Deutsch. He has spoken about entrepreneurship, sales, and behavioral marketing techniques at universities, corporations, and organizations. 




Check out Profit First book summary on mobile


Download the free Sumizeit mobile app to read, listen to, or watch Profit First book summary anytime, anywhere.


sumizeit app store page   sumizeit play store page