Run your business – Pay Yourself – Have Fun with a Healthy Profit – Repeat ---The book Profit First
“You keep using that word. I do not think it means what you think it means.” – Inego Montoya, The Princess Bride
If you are a small business owner who pays themselves well for their work, enjoys withdrawing a healthy amount of profit each year, rarely has cashflow problems and never loses sleep over money then this book is not for you. If any of these describe you, Mike Michalowicz teaches a simple method to bring discipline to your business and enjoy one of the big reasons you got into business in the first place…PROFIT.
I love this book because I was one of those business owners who needed it. Yes it is simplistic, yes your accountant should be able to replicate a lot of the steps in this book without actually doing them as he describes….AND if you need to read this book (and I recommend that you do) you will find his system helps instill discipline and can really work.
Many financial planners teach investors to “pay yourself first”…and your business is probably your biggest investment where you should pay yourself first…this book will help you learn how.