Implement a profitfirst mindset from "summary" of Profit First by Mike Michalowicz
To truly achieve financial success in your business, you must adopt a profitfirst mindset. This means that you prioritize your profits above all else, ensuring that you are always taking home a healthy portion of your earnings. By implementing this mindset, you can guarantee that your business will not only survive but thrive in the long run. One of the key components of a profitfirst mindset is setting aside your profits first, before anything else. This ensures that you are always paying yourself first, rather than waiting to see what is left over at the end of the month. By making your profits a priority, you are setting yourself up for financial stability and success. Another important aspec...
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