Profit First Nation - podcast cover

Profit First Nation

Danielle Mulvey and Mike Michalowiczprofitfirstnation.com
Welcome to Profit First Nation, the podcast that helps you achieve permanent profitability in your business by taking action to implement Profit First right. Hosted by Danielle Mulvey, a Profit First expert, and Mike Michalowicz, the author of Profit First, this podcast is for the top 17% of entrepreneurs who have cash in the bank to correlate with their profitability. On the podcast, we dive into advanced Profit First strategies by sharing the honest and authentic ups and downs of being a business owner. Each episode provides information for entrepreneurs focused on taking the right steps and seeking appropriate advice from professionals in accounting, legal, tax, or other relevant areas. You’ll also hear transformational stories from business owners who have turned their businesses from cash eating monsters to money making machines with cash in the bank to correlate to their profitability by implementing the Profit First System. With a focus on intelligent entrepreneurship, Profit First Nation guides you on how to take ownership of your finances and leverage Profit First as a DIY cash management system to make your business permanently profitable. If you're a fan of Profit First and Mike Michalowicz, this is the podcast for you. Join a in on our community of successful entrepreneurs driven to be permanently profitable, with a grit and growth mindset that lets no obstacle stand in the way in pursuit of the three Ps: passion, profit, and play. https://www.profitfirstnation.com ABOUT THE HOSTS Danielle Mulvey: Danielle Mulvey is a former flight attendant-turned entrepreneur and the owner of multiple businesses doing $50-million in annual revenue. She is one of the exclusive, select group of Mastery-Certified Profit First Professionals in the world, and the go-to “HOW TO IMPLEMENT” workshop facilitator for Profit First and WSJ Journal Best Selling Author Mike Michalowicz following his keynote speeches. Danielle is currently running multiple businesses from start-ups to mature businesses with 10-year plus track records and revenues ranging from $1M to $40-million in annual revenues and is a certified numbers geek about Profit First, leveraging the DIY cash management system for small business to achieve maximum profitability. She has the ability to personally guide business owners to achieve maximum profitability in their business based on her 25-years experience of being an entrepreneur who has been there and done that. Additionally, Danielle authored the book The Rapid Read™ Guide to The 5-Star Employee Rating System™ and is currently collaborating with Wall Street Journal best-selling author Mike Michalowicz on his new book, to be released in Q1 2024, titled ALL IN: How Great Leaders Build Unstoppable Teams. https://www.daniellemulvey.com linkedin.com/in/danielle-mulvey-66a315 theallincompany.com profitfirstnation.com Mike Michalowicz: Mike Michalowicz is an entrepreneur and New York Times and Wall Strett Journal best-selling author of Profit First, The Pumpkin Plan, SURGE, Toilet Paper Entrepreneur, Clockwork, Fix This Next, and Get Different. BusinessWeek called Toilet Paper Entrepreneur a business cult classic. His books have been translated into 10 languages and Mike has had the privilege to speak on stages all over the world because of his passion to connect with entrepreneurs. As the founder of Profit First Professionals, he empowers accountants, bookkeepers, and business coaches with the tools and techniques to maximize client profitability, allowing them to uplevel from being one of the 83% of small businesses operating check-to-check and struggling to be profitabably to becoming one of the 17% of thriving and highly valuable businesses with cash in the bank to correlate to profitability. Mike also co-founded the business growth consultancy, Provendus Group, and has successfully founded, built, and sold two technology service-based companies. He is passionate about sharing his experiences and advice with entrepreneurs and sits on formal and informal advisory boards while maintaining relationships with angel and early-stage investors. linkedin.com/in/mikemichalowicz MikeMichalowicz.com ProfitFirstProfessionals.com mikemichalowicz.com/books/ MikeMichalowicz
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Episodes

Ep. 11: Recession Response: Strategies for Thriving in Challenging Times

In the face of economic uncertainty, many entrepreneurs are struggling to figure out how to survive and thrive. In this episode, we explore Mike Michalowicz's concept of "Recession Response" and share practical exercises and strategies for navigating challenging times. From focusing on your core offerings to pivoting your business model, we cover a range of tactics for staying competitive and resilient in the face of adversity. Whether you're a seasoned entrepreneur or just starting out, this ep...

Jun 25, 202021 minSeason 1Ep. 11

Ep. 10:Top 17% or 83%: Which Type of Entrepreneur Are You?

Whether you're just getting started with Profit First or looking for ways to improve your financial management, this episode is packed with valuable insights and practical advice. Join us for a fascinating conversation about the mindset and strategies of top-performing entrepreneurs.

Jun 18, 202030 minSeason 1Ep. 10

Ep. 8: Finding Profit Opportunities in Your Marketing Spend: Expense Challenge Week 3

In this episode, we dive into week three of the Expense Challenge, which reveals more profit opportunities in your business expenses. Specifically, we look at how to benchmark your marketing spend to ensure you're getting a minimum ROI. We also recognize our first Profit First Nation ROCK STAR Award recipient, Aaron Hendon, a realtor who shares a valuable tip for entrepreneurs. If you're looking for ways to optimize your marketing spend and increase your profits, this episode is a must-listen. J...

Jun 04, 202027 minSeason 1Ep. 8

Ep. 6: Cutting 10% of Your Operating Expenses: The Profit First Challenge

Join us for the first episode in a series focused on the challenge of cutting 10% of your operating expenses to increase your profitability. Learn why this challenge is so important and how you can take actionable steps to meet it. Plus, hear from special guest John Briggs, author of Profit First for Microgyms.

May 21, 202032 minSeason 1Ep. 6

Ep. 3: The Power of Going Slow in Implementing Profit First

In this episode, we delve into the first rule of Profit First, which is to go slow. We explore the concept of momentum and how small, continuous actions can create a powerful chain reaction. By allocating funds on a consistent rhythm and starting slow, you can build momentum towards your financial goals. Tune in to learn how to harness the power of going slow and take the first step towards implementing Profit First in your business. Download Show Notes...

Apr 30, 202027 minSeason 1Ep. 3

Ep. 2: Mastering the First Three Steps of Profit First Implementation

Join us in this episode as we dive into the first three steps of implementing Profit First in your business. We discuss the crucial first step of "Getting Your Butt to the Bank" and how it sets the foundation for the entire system. We also cover steps two and three and provide expert insights from Profit First creator, Mike Michalowicz, on why spreadsheets don't work in this system. Tune in to master the first three steps of Profit First and take your business's financial management to the next ...

Apr 20, 202024 minSeason 1Ep. 2

Ep. 1: The Inception Episode

In this episode, we explore the concept of "owning your financials" and how it can transform your approach to business ownership. Guest Danielle shares her "a-ha" moment when she realized the importance of taking control of her business's finances. We also hear from Profit First creator, Mike Michalowicz, on the "Failure Phenomenon" and how to overcome the fear of failure in business. Join us for an inspiring and informative discussion on the crucial step of owning your financials and taking cha...

Apr 20, 202024 minSeason 1Ep. 1
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