042: Mike Michalowicz on How to Profit First and Successfully Scale Any Business

The Lifestyle Investor - Investing, Passive Income, Wealth

By his 35th birthday Mike Michalowicz had founded and sold two multi-million dollar companies.

Confident that he had the formula to success, he became an angel investor. But to his surprise, what he thought he knew about building a successful company, was all wrong — which led to him losing his entire fortune.

He lost his house, his cars, and even had to tell his 9 year old daughter that her horse riding lessons were no longer affordable.

Driven to find better ways to grow healthy, strong companies, he created the Profit First system — which is now used by hundreds of thousands of companies across the globe to drive real profit.

Since starting over, Mike has built two new multi-million dollar ventures and has had 52 consecutive quarters of profit distributions for his businesses.

In today’s episode, Mike explains how he lost everything betting on seemingly successful companies, the problem with growing a business too slow or too fast, and the simple formula that leads to a truly profitable and successful business!

Want the Full Show Notes?

To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit JustinDonald.com/42

Free Gifts from Mike Michalowicz!

To help you take your entrepreneurial journey to a whole new level, he’s sharing his four most popular keynote recordings, including “Profit First”, “Pumpkin Plan”, “Different Is Better”, and “Fix This Next” - all of which are based on his bestselling books.

To get access to the video, visit JustinDonald.com/42

Get the Lifestyle Investor Book!

To get access to The Lifestyle Investor: The 10 Commandments of Cashflow Investing for Passive Income and Financial Freedom visit JustinDonald.com/book

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