Publication year 2014
Genre Book, Nonfiction
Themes Perseverance, Teamwork, Economics
Tags Finance, Business & Economics, Self-Improvement
Profit First: Transform Your Business From a Cash-Eating Monster to a Money-Making Machine (2014) is a business self-help book by American author and entrepreneur Mike Michalowicz. In his work Michalowicz argues that traditional accounting methods prompt entrepreneurs to focus too much on sales and accept spending as a necessary part of growth. He believes that this approach makes profit a neglected afterthought, entrenching business owners in “entrepreneurial poverty.” Michalowicz’s strategy, which he calls “Profit First,”... Read Profit First Summary