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The How of Business - How to start, run, grow and exit a small business.

322: Fix This Next with Mike Michalowicz

The How of Business - How to start, run, grow and exit a small business.

Henry Lopez, Levante Business Group

Entrepreneurship, Business

4.7522 Ratings

🗓️ 20 July 2020

⏱️ 43 minutes

🧾️ Download transcript

Summary

Identify and Fix This Next in your Small Business with Mike Michalowicz. What to focus on next, and why we need to focus on Profit First. Mike Michalowicz is an entrepreneur, speaker, author and host of The Entrepreneurship Elevated Podcast. He is the author of top-selling and influential books including, "Surge", "Profit First", and "The Pumpkin Plan", and his latest book, "Fix This Next".

Henry Lopez is a serial entrepreneur, small business coach, and the host of this episode of The How of business show – dedicated to helping you start, run and grow your small business. (TheHowOfBusiness.com)

Transcript

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0:00.0

Welcome to the How of Business with Henry Lopez and David Begin, the podcast that helps you start, run, and grow your small business.

0:12.9

And now here are your hosts.

0:15.2

Welcome to this episode of The How of Business.

0:17.0

This is Henry Lopez.

0:18.4

My guest today is Mike McCallowicz.

0:20.5

Mike, welcome to the show.

0:22.4

Henry, thank you so much for having me. I'm excited to have you. This is a great opportunity for me.

0:27.5

I'm a big fan of your work. And so today we're going to focus on is this challenge.

0:31.9

You know, many business owners are often confused about what do they need to do, what do they need to work on or fix next. And that leads us to

0:39.6

a lot of busy work, exhausting hours working in your business. But not much to show for at the end of

0:45.4

the year in a way of profits. So Mike is going to share some valuable insights from his latest book

0:50.0

and from a previous book on how to determine what to fix next. Often it's about achieving predictable

0:56.9

and consistent profitability. That's often what I find most business owners are challenged with.

1:02.1

So we're also going to explore some of the key concepts from the other book I referred to,

1:06.0

which is called profit first. It was a huge impact on me. I've implemented a lot of the philosophies in that book

1:11.8

in the way that I manage my businesses. To receive more information about the HALA business,

1:16.8

including links to the show notes page for this episode, just text a word biz, B-I-Z to 31996.

1:24.3

So Mike McCallowicz is an entrepreneur, a speaker, an author, and a podcaster. His podcast is called

1:29.8

The Entrepreneurship Elevated Podcasts, great show that you should listen to. He's the author,

1:35.1

like I mentioned, of several top selling and influential books, including Surge, Profit First,

1:41.1

The Pumpkin Plan, and his latest book, Fix This Next. He's a founder of profit

1:46.2

first professionals. The profit first professional organizations is designed to support

...

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