In this episode, you will discover:
- A review of the book "Profit First" by Mike Michalowicz.
- How "Profit First" offers a fresh perspective on managing eCommerce business finances.
- The concept of reverse engineering finances and focusing on profitability from the start.
- The practical implementation of "Profit First," includes creating designated bank accounts for specific purposes.
- The behavioral changes encouraged by the book improve financial discipline and decision-making.
- Personal experiences and the positive impact of "Profit First" on eCommerce businesses.
Action Steps:
- Get your copy of "Profit First" on Amazon.
- Start implementing the Profit First system in your eCommerce business.
Join Our Community:
- Connect with fellow eCommerce entrepreneurs on our Facebook group, "The eCommerce Coach School," for more insights and discussions.