Teaching Money to Generations with Mike Michalowicz

By 35, Mike Michalowicz had built and sold two multimillion-dollar companies. He became an angel investor with his winnings—and lost everything. Out of that collapse came Profit First, one of the most widely used small business money systems in the world, followed by a string of bestsellers (The Pumpkin Plan, Clockwork, Fix This Next, Get Different). His newest book, The Money Habit, takes that same thinking and points it at personal finances instead of business ones. Stacie Staub and Madie Linder talk with Mike about "entrepreneurial poverty," the behavioral trick that fixed his own money habits, why every business has one weak link worth finding, and the mindset shift behind teaching what you most need to learn. In this episode (00:00) Show Intro (00:54) Group Chat Catch Up (02:51) Meet Mike: Explains Profit First (18:47) Bank Level Profit First (25:30) Founder to Founder: Money Truths And Weak Links (34:37) Mantra of the Week: Favorite Oscar Wilde Quote Show Notes: Mike Michalowicz Follow Mike Michalowicz on Instagram Your Best Friends in Business is produced by West + Main Homes in partnership with Pod People Stay Connected: Don't miss an episode! Subscribe NOW @Your Best Friends in Business Follow ⁠Your Best Friends In Business⁠ on Instagram Follow ⁠Stacie and Madie⁠ on Instagram ⁠⁠Your Best Friends In Business⁠⁠⁠