Business Finance Masterclass: This Cash Management System Increases Profits For Every Small Business Owner!!

Published: Sept. 15, 2023, 8 a.m.

b"What if you could implement a cash management system today that guarantees profitability, automatically sets aside money for tax season, and ensures you don't overspend on expenses? In this episode, Hala is joined by Mike Michalowicz to break down Profit First, the cash management system that has helped hundreds of thousands of small business owners increase their profits, or generate a profit from day one.\\n\\nMike Michalowicz is the entrepreneur behind three multimillion-dollar companies and is an author of business books for entrepreneurs and small business owners like Profit First, Clockwork, The Pumpkin Plan, Fix This Next, and Get Different. Mike is a former small business columnist for The Wall Street Journal and regularly travels the globe as an entrepreneurial advocate. He became a business author with a clear mission: eradicate entrepreneurial poverty.\\xa0\\n\\nIn this episode, Hala and Mike will discuss:\\n-\\xa0What happens when you constrain a resource\\n-\\xa0How to think of profit as a habit\\n-\\xa0The value of practicing fund preallocation\\n-\\xa0The five bank accounts every small business owner needs\\n-\\xa0The difference between an ownership salary and profit\\n-\\xa0How much money should you put toward profit?\\n-\\xa0Why you should compress your operating expenses\\n-\\xa0How to pay off debt\\n-\\xa0How Relay can help you implement profit first with ease\\n- And other topics\\u2026\\n\\nMike Michalowicz is the creator of Profit First, which is used by hundreds of thousands of companies across the globe to drive profit. Today, Mike leads two new multimillion-dollar ventures, as he tests his latest business research for his books. He is a former small business columnist for The Wall Street Journal and a business makeover specialist on MSNBC. Mike is a popular main-stage keynote speaker on innovative entrepreneurial topics; and is the author of Get Different, Fix This Next, Clockwork, Profit First, Surge, The Pumpkin Plan, and The Toilet Paper Entrepreneur. Fabled author Simon Sinek deemed Mike Michalowicz \\u201c\\u2026the top contender for the patron saint of entrepreneurs.\\u201d\\n\\nSign Up For Relay \\u2013 Our #1 Banking Choice For Small Business Owners:\\nRelay: https://relayfi.com/profiting\\n**Relay is a financial technology company, not an FDIC-insured bank. Banking services and FDIC insurance provided through Evolve Bank & Trust and Thread Bank; Members FDIC. The Relay Visa\\xae Debit Card is issued by Thread Bank pursuant to a license from Visa U.S.A. Inc. and may be used everywhere Visa\\xae debit cards are accepted.\\n\\nResources Mentioned:\\nMike\\u2019s Book Profit First: https://mikemichalowicz.com/profit-first/\\nProfit First Instant Assessment: https://s3.amazonaws.com/ProfitFirst/PF-InstantAssessment.pdf\\xa0\\n\\nLinkedIn Secrets Masterclass, Have Job Security For Life:\\nUse code \\u2018podcast\\u2019 for 30% off at yapmedia.io/course.\\n\\nMore About Young and Profiting\\nDownload Transcripts - youngandprofiting.com\\xa0\\xa0\\nGet Sponsorship Deals - youngandprofiting.com/sponsorships\\nLeave a Review -\\xa0ratethispodcast.com/yap\\nWatch Videos - youtube.com/c/YoungandProfiting\\n\\nFollow Hala Taha\\nLinkedIn - linkedin.com/in/htaha/\\nInstagram - instagram.com/yapwithhala/\\nTikTok - tiktok.com/@yapwithhala\\nTwitter - twitter.com/yapwithhala\\n\\nLearn more about YAP Media Agency Services - yapmedia.io/\\n\\n**Relay is a financial technology company, not an FDIC-insured bank. Banking services and FDIC insurance are provided through Evolve Bank & Trust and Thread Bank; Members FDIC. The Relay Visa\\xae Debit Card is issued by Thread Bank pursuant to a license from Visa U.S.A. Inc. and may be used everywhere Visa\\xae debit cards are accepted.**"