The Learning Leader Show With Ryan Hawk

025: Mike Michalowicz – Why You Should Put Profit First…

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Synopsis

Episode 025: Mike Michalowicz – Why You Should Put Profit First… This was a very interesting conversation with Mike Michalowicz… Mike has had some very great moments and some low moments… Including a heartbreaking story about telling his family he went broke.  The response from his daughter in particular was incredible.  You’ll want to hear Mike tell this story… By his 35th birthday MIKE MICHALOWICZ (pronounced mi-‘kal-o-wits) had founded and sold two multi-million dollar companies. Confident that he had the formula to success, he became an angel investor… and proceeded to lose his entire fortune. Then he started all over again, driven to find better ways to grow healthy, strong companies. Among other innovative strategies, Mike created the “Profit First Formula”, a way for businesses to ensure profitability from their very next deposit forward. Mike 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;