421: Profit First: Be Efficient Instead of Productive, Find Your Passion and Purpose with Mike Michalowicz

Published: Oct. 17, 2017, 8 a.m.

By his 35th birthday, Mike Michalowicz had founded and sold two multi-million dollar companies. Confident that he had the formula to success, he became an angel investor\u2026and proceeded to lose his entire fortune.\n\nThen he started all over again, driven to find better ways to grow healthy, strong companies. Among other innovative strategies, Mike created the \u201cProfit First Formula\u201d, a way for businesses to ensure profitability from their very next deposit forward.\n\nMike is now running his third million dollar venture, is a former small business columnist for The Wall Street Journal; is the former MSNBC business make-over expert; is a popular keynote speaker on innovative entrepreneurial topics; and is the author of Profit First, Surge, The Pumpkin Plan and The Toilet Paper Entrepreneur, which BusinessWeek deemed "the entrepreneur's cult classic."\nResources\n\n \tProfit First (book)\n \tMike Michalowicz (official site)\n \tThe Profit First Podcast