1. insights from Mike Michalowicz Powered by

2. This presentation consists of highlights from the interview with Moe Abdou, founder & host of 33voices.

3. Mike Michalowicz By his 35th birthday MIKE MICHALOWICZ (pronounced mi-kal--wits) had founded and sold two multi-million dollar compa-nies. Confident that he had the formula to success, he became an angel investor and proceeded to lose his entire fortune. Then he started all over again, driven to find better ways to grow healthy, strong companies. Among other innovative strate-gies, Mike created the Profit First Formu-la, a way for businesses to ensure profit-ability from their very next deposit forward. @MikeMichalowicz

4. 1 Make day one profitability an imperative, and your business wont run you: Sales - Profits = Expenses

5. 2 While talent will help you outsmart your competitors, its your mind that will give you the power. dont let the clutter cloud your thinking.

6. 3 If you remember that the riches are in the niches, youll be relentless at rediscovering ways where you can best serve your niche.

7. 4 If you notice a business with impressive early stage traction, youre likely observing a business with a rare intimacy with its customers.

8. 5 Although a Pivot keeps your business relevant, be cautious not to let it sway you too far from your circle of competence. Think about aligning your expertise to their needs instead.

9. 6 When you remember that confidence comes out of fear, youll take a chance knowing that belief comes from repeated success.

10. 7 As in life, your business is a continual experiment in which you will either succeed or fail. explore more, expect less.

11. 8 The shrewd founder builds her business on a set of immutable principles - And hardly sways from running her organization accordingly.

12. 8 The shrewd founder builds her business on a set of immutable principles - And hardly sways from running her organization accordingly.

13. 9 Early success in business is akin to a sports franchise having a great season. Lasting success, however, is when that same team competes for a championship year in year out.

14. 10 Starting a business takes passion. Growing your business requires a discipline to these three principles:

15. 10 Starting a business takes passion. Growing your business requires a discipline to these three principles: Action trumps planning

16. 10 Starting a business takes passion. Growing your business requires a discipline to these three principles: Make day one profitability an imperative

17. 10 Starting a business takes passion. Growing your business requires a discipline to these three principles: Understanding that while your capabilities are plentiful; your expertise is much narrower.

18. REALLY REFLECT... Do you believe that making money is a learned skill?

19. Connect WITH US! Tell us what you think Chase@33voices.com