29 min

Ep 118: Maximizing Business Profitability: Expert Tips from Mike Michalowicz on the Power of the Pareto Principle and Transformations in Banking Profit First Nation

    • Entrepreneurship

In this episode, we welcome back renowned business author and speaker Mike Michalowicz as we discuss crucial financial strategies for businesses. We explore how to make a transformation like moving from one business bank account to five, we also delve into the power of the Pareto Principle when it comes to managing your customer roster and maximizing profitability.
 
Plus, we offer expert advice on how much to keep in your financial vault account for OpEx, and where and how to open your five core accounts. Tune in for valuable insights and practical tips to revolutionize your business finances! Don’t forget that we have your back on where and how to open your five core accounts at https://www.profitfirstnation.com/step-1/

In this episode, we welcome back renowned business author and speaker Mike Michalowicz as we discuss crucial financial strategies for businesses. We explore how to make a transformation like moving from one business bank account to five, we also delve into the power of the Pareto Principle when it comes to managing your customer roster and maximizing profitability.
 
Plus, we offer expert advice on how much to keep in your financial vault account for OpEx, and where and how to open your five core accounts. Tune in for valuable insights and practical tips to revolutionize your business finances! Don’t forget that we have your back on where and how to open your five core accounts at https://www.profitfirstnation.com/step-1/

29 min