362: Profit First by Mike Michalowicz & David Richter
Accredited Income Property Investment Specialist (AIPIS) · Jason Hartman
Audio is streamed directly from the publisher (traffic.libsyn.com) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
David Richter, Founder of Simple CFO Solutions and the world's biggest fan of the profit first methodology, talks with Jason Hartman. David takes the listener through his basic steps in his approach of profit first. This system has been discussed in many books but has yet to have been detailed in this step-by-step, modern approach.
Key Takeaways:
[2:00] What is profit first, and what is the big deal?
[3:00] What is the envelope system?
[7:00] Sales minus profits equal expenses.
[10:00] Does Donald Trump use the profit first system?
[14:15] How do you set a profit goal?
Websites:
1-800-HARTMAN