Live Different Podcast: Business | Travel | Health | Performance

Mike Michalowicz (pronounced mi-‘kal-o-wits) had founded and sold two multi-million dollar companies by his 35th birthday. 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, Mike created 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 Profit First, Surge, The Pumpkin Plan and The Toilet Paper Entrepreneur, which BusinessWeek deemed “the entrepreneur’s cult classic.”     Our episode today is all about creating profit in your company by implementing the profit first system. Mike explains the action st