Episode 72 – Profit FIRST! Interview with Mike Michalowicz

Businesscustom apparel businessCustom T-ShirtMarketingpodcast

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Mike Michalowicz

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• Why you’re thinking about your business and your income wrong
• The most important thing your accountant cannot tell you about your business
• The 3 Bank Accounts you HAVE to open
• What taking the Profit First approach can do for your business

• Mike Michalowiscz Website
• Buy the Profit First Book
• ColDesi Learning Center
• Leasing Equipment

Profit First is the first real innovation in the financial approach to small business since QuickBooks.

That software may put accounting tools at your fingertips, it does nothing for helping you manage and really UNDERSTAND the money side of your business.

We talk to people all the time about starting their custom t-shirt business. Occasionally we have hard conversations with people RUNNING them too. Conversations like:

• I’m not making any money selling shirts
• I can’t compete
• Put my supply order on 2 credit cards because I didn’t set aside money for supplies
• How can I tell if this job is profitable?
• Do you set aside costs for materials, electric, rent from every sale?

Profit First is a book, a method, a framework that does do that – helps you really understand where your money is, where it’s going and how to generate more of it for you.

During this interview with Profit First author Mike Michalowicz we’ll take you through what the profit first system is and how to apply it to the custom t-shirt business.

Visit http://mikemichalowiscz.com

Please visit http://customapparelstartups.com for more customer apparel startups podcasts episodes!

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