Profit First for Tradies

Hey, it’s Steph! Here’s a book that every business owner should read: PROFIT FIRST by Mike Michalowicz.

I read this book three years ago and I still find myself coming back to it whenever I need a good reminder.

As the title suggests, Profit First offers a counterintuitive cash management system that can help entrepreneurs break free from the doom spiral and achieve sustained profitability for long-term growth.

Michalowicz takes the traditional method of accounting (i.e. Sales – Expenses = Profit) and flips the equation (Sales – Profit = Expenses) to re-frame the way entrepreneurs think about their cashflow.

And it’s absolutely GENIUS! Business owners tend to spend their money and consider whatever’s left as profit. By prioritizing profit, you become forced to innovate and find ways that will get you the same or even better results with less amount of resources.

The principle here is to run your business based on what you can afford to do today rather than what you hope to be able to afford someday.
If you want to transform your business, give this book a read!

Our Freebies

Grab our Steal Our System!

Get your free copy of Stephanie’s Steal Our System!

Watch Our Process in Action

Go behind the scenes with Steph and she’ll show you how the Tradies Xcelerate System works.

Tradie Xcelerate System™

Are you FINALLY ready to end the Feast and Famine pattern of your business?

FREE 20-Minute Growth Strategy Session

Claim your 100% Free no-obligation 20-minute strategy session call valued at $999.00. This is strictly for trade businesses who are ready to grow. If that’s you, then let’s plant the seeds and get set to bloom!

Booking up for April 2024 Marketing Clarity Calls