How to Make Profit a Habit – Mike Michalowicz on the Profit First Formula Artwork

Money First CEO

How do you build a business that truly supports your life?

I’m the Money First CEO. Over the past 5 years, I’ve grown a sustainable 6-figure business and built a 7-figure investment portfolio, not by working harder, but by managing money differently.

This podcast shares the real habits, honest lessons, and simple strategies that helped me and can help you build a business that puts profit and peace first.

If you’re ready to feel more confident with your cash and create long-term stability, you’re in the right place. New episodes every Monday.

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Money First CEO

How to Make Profit a Habit – Mike Michalowicz on the Profit First Formula

November 17, 2025 • Harman • Episode 29

0:00 | 17:29

This is a special episode as we welcome our first guest, Mike Michalowicz. Mike is the author of Profit First and a global expert on small business finance. His mission is to end entrepreneurial poverty, and he's helped thousands of business owners take control of their money.

We talk about the real mistakes that keep business owners stuck, the myth of growing your way to success, and why taking profit first is a game changer. If you're feeling the pressure of cash flow or struggling to pay yourself, this episode will help you shift your mindset and take action.

In this episode, we cover:

The number one money mistake business owners make
Why growing a business is not the same as scaling
How to start Profit First even if cash is tight
The power of outside accountability
Why women often sacrifice too much in business, and how to change that

Simple action you can take today:
Open a separate profit account and transfer 1 percent of your income. Small steps build strong habits.

Resources mentioned:

Grab a copy of Profit First by Mike Michalowicz
Listen to Episode 5 of Money First CEO where I walk you through how to get started with Profit First

Want support to put Profit First into practice?
We help business owners take control of their cash and grow profit with clarity and confidence. Learn more at blubookkeepers.com.au/services/profit-first

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🔗 Where to Find Harman:
Website: www.blubookkeepers.com.au
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📞 Ready to Take Control of Your Business Finances?
Book a Free Discovery Call here

📩 Have a Question or Want to Be a Guest?
Email me directly at: info@blubookkeepers.com.au