Profit First: Twice The Results With Half The Effort
According to Mike, if you want to increase profitability, you must first build efficiencies.
Mike explains that effort is financial cost and time cost; your time, your people's time, your software's time, your machine's time. The goal is to get 2 times the results with half the effort.
Sales without first putting efficiency measures and systems in place is a dangerous game that only leads to bigger expenses and fewer ideal clients.
For today's selected podcast/blog click here: http://www.mikemichalowicz.com/?powerpress_pinw=8661-podcast
To Whole Businesses ~ Constance
I love that Mike has all the Profit First worksheets on his website, you can download them by clicking here.
You can also get access to Mike’s Wall Street Journal articles, book excerpts, and entrepreneurial tips by subscribing to his website. He has the first couple of chapters of Profit First for free!
Meet me on March 15th for a discussion of the book 'Good to Great' https://www.meetconstance.com/upcoming-events/beverlyhillsbookclub
Pick up a copy of February’s book 'The Goal: A process of Ongoing Improvement'