oter

Profit is a mindset, not just a result from "summary" of Profit First by Mike Michalowicz

Profit is a mindset, not just a result. This simple statement is the foundation of the Profit First system. The idea here is that in order to truly achieve profitability in your business, you need to shift your mindset first. You need to start thinking like a profitable business owner, rather than just focusing on the end result of profitability. When you make profit a priority in your mind, you are more likely to take the necessary steps to actually achieve it. You start to see profit as a non-negotiable part of your business, rather than just an afterthought. This shift in mindset is crucial because it informs all of your actions and decisions moving forward. By making profit a mindset, you ensure that it is always at the forefront of your business operations. You start to look at ever...
    Read More
    Continue reading the Microbook on the Oter App. You can also listen to the highlights by choosing micro or macro audio option on the app. Download now to keep learning!
    Similar Posts
    Confront challenges headon and seek solutions proactively
    Confront challenges headon and seek solutions proactively
    Facing challenges directly and taking the initiative to find solutions before they escalate is a fundamental principle for sust...
    The Dangers of Ignoring the Compound Effects of Regulation
    The Dangers of Ignoring the Compound Effects of Regulation
    Regulation is often viewed as a solution to specific problems in the economy. It is seen as a way to correct market failures, p...
    Clear financial reporting fosters better decisionmaking
    Clear financial reporting fosters better decisionmaking
    Financial reporting serves as the backbone of any business, providing a structured view of its fiscal health. When reports are ...
    Learning about fractions and decimals
    Learning about fractions and decimals
    Fractions and decimals are essential concepts in mathematics that are commonly used in everyday life. Understanding these conce...
    Nurturing a growthoriented mindset in individuals and organizations
    Nurturing a growthoriented mindset in individuals and organizations
    The key to success in today's rapidly changing world is the ability to continually learn and adapt. This requires individuals a...
    Decisionmaking is critical for progress
    Decisionmaking is critical for progress
    The act of making decisions plays a crucial role in our journey toward progress and success. Each decision we make, no matter h...
    Prices serve as signals
    Prices serve as signals
    Prices serve as signals to both producers and consumers in a market economy. When the price of a good or service increases, it ...
    Define your business goals and objectives
    Define your business goals and objectives
    Setting clear and specific business goals and objectives is a fundamental step in creating a successful business plan. These go...
    Build a strong leadership pipeline to ensure continuity and succession planning
    Build a strong leadership pipeline to ensure continuity and succession planning
    One key aspect of ensuring long-term success for any organization is developing a robust leadership pipeline. This involves ide...
    Pareto's Law can be seen in various situations, not just the 80/20 split
    Pareto's Law can be seen in various situations, not just the 80/20 split
    Pareto's Law, also known as the 80/20 Principle, is a concept that suggests that a small percentage of causes (20%) are respons...
    oter

    Profit First

    Mike Michalowicz

    Open in app
    Now you can listen to your microbooks on-the-go. Download the Oter App on your mobile device and continue making progress towards your goals, no matter where you are.