BOM - "Profit First" by Mike Michalowicz

The Wall Street Journal ran a major piece today warning that the Colorado River system is on the brink of disaster. The article points to a system under extreme stress: a river serving roughly 40 million people, more than five million acres of farmland, and hydroelectric power fo ...  Show more

Institutional capital has stepped in at a time when retail investors have largely disappeared from the market. A newly announced $1.3 billion acquisition fund backed in part by the Ontario government’s Building Ontario Fund plans to purchase large inventories of newly completed b ...  Show more

Mike Michalowicz is the Best Selling Author of "Profit First" 

Conventional accounting uses the logical (albeit, flawed) formula: Sales - Expenses = Profit. The problem is, businesses are run by humans, ...

It is sad to say this, BUT most business owners work extremely hard for FREE. When most people start a business, they practice this strange habit of not thinking about profitability. They are so focused on paying expenses first that there is often not enough money left over to en ...  Show more

Most entrepreneurs run their business backwards — revenue first, expenses second, profit last. In this episode, I sit down with Mike Michalowicz, the guy who literally wrote the book on profit ("Profit First"), to flip that formula on its head. Mike shares how to take control of ...  Show more

Send us Fan MailWe women entrepreneurs keep underpricing ourselves when offering the same service or product as our male counterparts. On average, we price up to 20% less. When I first heard that, I was blown away!Pricing is one of the quickest and most powerful ways to adjust yo ...  Show more