In this episode, Jason and Greg talk about the kind of info clients need. The importance of GAAP, independence, metrics, KPIs, and more are considered. Then Mike Michalowicz joins them to discuss what business owners can do to have a healthier company financially.
Thank you to our sponsor, Intuit, for supporting the Thrivecast!
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About our guest: Mike Michalowicz
By his 35th birthday MIKE MICHALOWICZ (pronounced mi-‘kal-o-wits) had founded and sold two multi-million dollar companies. Confident that he had the formula to success, he became an angel investor… and proceeded to lose his entire fortune.
Then he started all over again, driven to find better ways to grow healthy, strong companies. Among other innovative strategies, Mikecreated the “Profit First Formula,” a way for businesses to ensure profitability from their very next deposit forward.
Mike is now running his third million dollar venture, is a former small business columnist for The Wall Street Journal; is the former MSNBC business make-over expert; is a popular keynote speaker on innovative entrepreneurial topics; and is the author of Surge, Profit First, The Pumpkin Plan and The Toilet Paper Entrepreneur, which BusinessWeek deemed “the entrepreneur’s cult classic.”