We are currently making improvements to the Audible site. In an effort to enhance the accessibility experience for our customers, we have created a page to more easily navigate the new experience, available at the web address www.audible.com/access .
Profit First Audiobook

Profit First: Transform Your Business from a Cash-Eating Monster to a Money-Making Machine

Regular Price:$20.99
  • Membership Details:
    • First book free with 30-day trial
    • $14.95/month thereafter for your choice of 1 new book each month
    • Cancel easily anytime
    • Exchange books you don't like
    • All selected books are yours to keep, even if you cancel
  • - or -

Publisher's Summary

Author of cult classics The Pumpkin Plan and The Toilet Paper Entrepreneur offers a simple, counterintuitive cash management solution that will help small businesses break out of the doom spiral and achieve instant profitability.

Conventional accounting uses the logical (albeit, flawed) formula: sales - expenses = profit. The problem is, businesses are run by humans, and humans aren't always logical. Serial entrepreneur Mike Michalowicz has developed a behavioral approach to accounting to flip the formula: Sales - Profit = Expenses. Just as the most effective weight loss strategy is to limit portions by using smaller plates, Michalowicz shows that by taking profit first and apportioning only what remains for expenses, entrepreneurs will transform their businesses from cash-eating monsters to profitable cash cows. Using Michalowicz's Profit First system, listeners will learn that:

  • Following four simple principles can simplify accounting and make it easier to manage a profitable business by looking at bank account balances
  • A small, profitable business can be worth much more than a large business surviving on its top line
  • Businesses that attain early and sustained profitability have a better shot at achieving long-term growth

With dozens of case studies, practical step-by-step advice, and his signature sense of humor, Michalowicz has the game-changing road map for any entrepreneur to make money they always dreamed of.

©2014, 2017 Mike Michalowitz (P)2017 Gildan Media LLC

What Members Say

Average Customer Rating

4.8 (33 )
5 star
 (29)
4 star
 (3)
3 star
 (1)
2 star
 (0)
1 star
 (0)
Overall
4.9 (28 )
5 star
 (26)
4 star
 (2)
3 star
 (0)
2 star
 (0)
1 star
 (0)
Story
4.9 (29 )
5 star
 (27)
4 star
 (1)
3 star
 (0)
2 star
 (1)
1 star
 (0)
Performance
Sort by:
  •  
    Shaneh Woods Xenia, OH 02-21-17
    Shaneh Woods Xenia, OH 02-21-17 Member Since 2012

    Fan'atical for Books and Music!

    HELPFUL VOTES
    3
    ratings
    REVIEWS
    38
    1
    FOLLOWERS
    FOLLOWING
    0
    0
    Overall
    Performance
    Story
    "Update Version put Profit First on STEROIDS!"
    What did you love best about Profit First?

    It's a real system that I can use to transform my life and my business!


    What was one of the most memorable moments of Profit First?

    Mike had me in tears when he shared his piggy bank moment with his daughter


    What about Mike Michalowicz’s performance did you like?

    He's hysterically funny guy and he made a rather boring subject (money and the accounting of said pennies) entertaining.


    3 of 3 people found this review helpful
  •  
    Scott W Mulvaney 03-09-17 Member Since 2016

    Scott Mulvaney #LIVETHEFUEL

    HELPFUL VOTES
    1
    ratings
    REVIEWS
    28
    14
    FOLLOWERS
    FOLLOWING
    0
    0
    Overall
    Performance
    Story
    "Buy Profit First again Expanded and Improved"

    Finished listening again to #ProfitFirst by @MikeMichalowicz I even hired Debra of @ProfitFirstPros this week! This new revised and expanded version is so worth it since I already owned the prior!

    1 of 1 people found this review helpful
  •  
    Dean 03-22-17
    Dean 03-22-17 Member Since 2016
    ratings
    REVIEWS
    5
    1
    Overall
    Performance
    Story
    "Great plan, bad language"

    solid information tbat would be better without the cussing and expletives that detract from the story.

    0 of 0 people found this review helpful
  •  
    George Antone 03-17-17 Member Since 2016
    ratings
    REVIEWS
    1
    1
    Overall
    Performance
    Story
    "Best book on money management for entrepreneurs"
    Any additional comments?

    If you are an entrepreneur, especially one that is focused on lifestyle, you cannot afford NOT to have this! The GENIUS about what the author has done IS the simplicity of money management so that entrepreneurs can focus on their business!

    0 of 0 people found this review helpful
  •  
    Cat Teacher 03-04-17
    Cat Teacher 03-04-17
    ratings
    REVIEWS
    7
    5
    Overall
    Performance
    Story
    "Best business book I've ever read"

    I have been using the Profit First system for almost a year. Things aren't perfect by any means, but I am seeing that my business is getting healthier, little by little. I sometimes listen to this book just to get a lift from Mike's infectious enthusiasm. And I love the Profit First accountant Mike hooked me up with. Thanks, Mike, for figuring this all out. I am grateful.

    By the way, I use Smarty Pig for all the separate accounts. It works well for me--but I do know it's more accessible and therefore more dangerous! I am so tired of being broke, however, that it's really not tempting to steal my own money.

    Perfer et obdura, dolar hic tibi proderit olim.
    Persist and endure; one day, this pain will be useful to you. --Ovid

    0 of 0 people found this review helpful

Report Inappropriate Content

If you find this review inappropriate and think it should be removed from our site, let us know. This report will be reviewed by Audible and we will take appropriate action.

Cancel

Thank you.

Your report has been received. It will be reviewed by Audible and we will take appropriate action.