Fri, 26 February 2021
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.
[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?
Direct download: AIPIS_Profit_First_by_Mike_Michalowicz__David_Richter.mp3
Category:general -- posted at: 9:00pm EDT