Profit First Nation

Welcome to Profit First Nation, the podcast that helps you achieve permanent profitability in your business by taking action to implement Profit First right. Hosted by Danielle Mulvey, a Profit First expert, and Mike Michalowicz, the author of Profit First, this podcast is for the top 17% of entrepreneurs who have cash in the bank to correlate with their profitability.On the podcast, we dive into advanced Profit First strategies by sharing the honest and authentic ups and downs of being a business owner. Each episode provides information for entrepreneurs focused on taking the right steps and seeking appropriate advice from professionals in accounting, legal, tax, or other relevant areas. You’ll also hear transformational stories from business owners who have turned their businesses from cash eating monsters to money making machines with cash in the bank to correlate to their profitability by implementing the Profit First System.With a focus on intelligent entrepreneurship, Profit First Nation guides you on how to take ownership of your finances and leverage Profit First as a DIY cash management system to make your business permanently profitable. If you're a fan of Profit First and Mike Michalowicz, this is the podcast for you. Join a in on our community of successful entrepreneurs driven to be permanently profitable, with a grit and growth mindset that lets no obstacle stand in the way in pursuit of the three Ps: passion, profit, and play.https://www.profitfirstnation.comABOUT THE HOSTSDanielle Mulvey: Danielle Mulvey is a former flight attendant-turned entrepreneur and the owner of multiple businesses doing $50-million in annual revenue. She is one of the exclusive, select group of Mastery-Certified Profit First Professionals in the world, and the go-to “HOW TO IMPLEMENT” workshop facilitator for Profit First and WSJ Journal Best Selling Author Mike Michalowicz following his keynote speeches. Danielle is currently running multiple businesses from start-ups to mature businesses with 10-year plus track records and revenues ranging from $1M to $40-million in annual revenues and is a certified numbers geek about Profit First, leveraging the DIY cash management system for small business to achieve maximum profitability. She has the ability to personally guide business owners to achieve maximum profitability in their business based on her 25-years experience of being an entrepreneur who has been there and done that. Additionally, Danielle authored the book The Rapid Read™ Guide to The 5-Star Employee Rating System™ and is currently collaborating with Wall Street Journal best-selling author Mike Michalowicz on his new book, to be released in Q1 2024, titled ALL IN: How Great Leaders Build Unstoppable Teams.https://www.daniellemulvey.comlinkedin.com/in/danielle-mulvey-66a315theallincompany.com profitfirstnation.com Mike Michalowicz: Mike Michalowicz is an entrepreneur and New York Times and Wall Strett Journal best-selling author of Profit First, The Pumpkin Plan, SURGE, Toilet Paper Entrepreneur, Clockwork, Fix This Next, and Get Different. BusinessWeek called Toilet Paper Entrepreneur a business cult classic. His books have been translated into 10 languages and Mike has had the privilege to speak on stages all over the world because of his passion to connect with entrepreneurs.As the founder of Profit First Professionals, he empowers accountants, bookkeepers, and business coaches with the tools and techniques to maximize client profitability, allowing them to uplevel from being one of the 83% of small businesses operating check-to-check and struggling to be profitabably to becoming one of the 17% of thriving and highly valuable businesses with cash in the bank to correlate to profitability. Mike also co-founded the business growth consultancy, Provendus Group, and has successfully founded, built, and sold two technology service-based companies. He is passionate about sharing his experiences and advice with entrepreneurs and sits on formal and informal advisory boards while maintaining relationships with angel and early-stage investors.linkedin.com/in/mikemichalowiczMikeMichalowicz.com ProfitFirstProfessionals.com mikemichalowicz.com/books/ MikeMichalowicz

Recent Episodes

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Recent Reviews

Scott494949

Great content…..poor delivery.

I read the book and have implemented Profit first in my business. I absolutely love the content of this Podcast…..I’m 45 episodes in. What’s driving me nuts is Danielle’s delivery. It sounds like she’s REALLY bad at reading a teleprompter. If I hear “my entrepreneurial friend” one more time I’m going to jump off a bridge. I thought maybe she would get better….but 45 episodes in, she’s the same. Mike is great when he’s on. He just talks and sounds legit.
Casnosk8r

With you Danielle!

Thank you for showing us the Light ;)
Farmer Tao

Where’s Mike?

Bait and switchy. I was expecting to hear from the author and not be handed off to someone else. It’s also 5:42 AM and the coffee hasn’t kicked in yet, but to my ears, the host needs a voice coach so she is not so screechy. I assume she is going for an energetic, but her performance vocals sound harsh and unpleasant, like somebody trying to get a bartenders’ attention in a trendy downtown micro-brew. In this case, two strikes and I’m done. I’ll go back and listen to the audiobooks again. Unfollowed.
ddcrane

TL;DR - 5 Stars, highly recommend this podcast to all small business owners

After reading and implementing Profit First a few years ago, I decided to take a step further and start listening to Danielle’s podcast to see what else I could improve in my business. I started my company, Doggie Beer Bones back in 2010 selling dog treats re-using the malted barley used in the beer brewing process. My business was a hobby that was born out of my home brewing hobby! Fast forward to 2018, I went full-time with Doggie Beer Bones after taking a voluntary severance package from my “day job“. At that point, I had a very basic understanding about how to run a business and needed a lot more experience and knowledge! I first reached out to Danielle around September 2021 with some simple questions about how to include my COGS in my allocations. Since then, we’ve had several touch base conversations, and each time I come away with another couple action items that ultimately improve my bottom line. I highly encourage reaching out to Danielle directly if you have any questions about Profit First. She is 100% approachable and willing to share her knowledge even with a company owner like me that was not consistently profitable. After one call, she sent me a customized Allocations Day calculator along with a separate email introduction to a Profit First friendly bank. As a thank you, I sent her a bag of dog treats and she promptly responded with 5 great ideas for me to consider in my business - one of which is our Subscription dog treat service! We ran through my numbers and reset my allocation targets, and also did her reverse engineering Calculator on my business to give me better focus on where I needed to improve my wholesale, retail, and subscription service orders. We’ve also talked about (and I’ve implemented) one-off projects like creating a wholesale customer case study for my new customer calls. Bottom line, if you are a driven entrepreneur and want to take your business to the next level, I highly recommend listening to this podcast and reaching out to Danielle with any questions!
grizel caminas

Relatable, approachable, and EXTEMELY helpful

If you had asked me if I was going to be an entrepreneur at the age of 30, I would’ve laughed in your face. I didn’t grow up learning about finances and had poor examples of dealing with money. I’ve always been frugal, but i’m learning that that’s not enough for a sustainable business. Danielle makes you feel like you can implement profit first quickly and efficiently. As a person that struggles wiI’mADHD, reading the book was not enough for me. Im very excited to continue listening and implementing these tools in a way that doesn’t overwhelm me! Keep it coming!!
Shana | budgetbesties.com

Practical & tactical

I read and implemented Profit First years ago and love it! This podcast is a gold mine! Danielle offered practical and tactical advice and tips on implementing Profit First as well as other sounds business advice and tactics. I like the no-nonsense approach as well.
hawkinstaylor

Must Have Info for Business Owners

Listening to Danielle I was able to drive revenue up 10% AND expenses down 10% AND just raised prices another 10% all while my customers are happier than ever. This is all in a very established business where everyone says it couldn’t be done. So glad I found Profit First Nation.
AngieNoll

Powerful purpose

As a PFP myself, I am reminded encourage people to work through every issue, top to bottom, no shortcuts! There is a reason for the rhythm. Thanks Danielle!
AnnieFocusd

Amazing!

Thanks so much for this book and now a podcast for further understandings. SO grateful for Mike and this awesome team!!
Courtneyrooter

Great Resource

This podcast has been instrumental in helping implement Profit First in the business I work for. Myself and the business owner read the book Profit First (amazing book!) and immediately got to work implementing the systems, but this podcast has helped clarify our questions along the way and the corresponding resources have been SO helpful. Thank you!
Wendione

Episode 32: Double-Double-Half

What a great episode! Profit margin/markup is always a challenge. This is a great explanation and great way to push up those margins!
JulieHSWoods

Even for a seasoned PFP - great info

Just listened to “RIGHT” vs “ish” and I loved how you addressed the common pitfalls in a quick, easy and relatable way. I love Money Mondays like you do Wednesdays and I would hate for new users of the system not to reap the benefits and joy is actually seeing their Profit accounts growing. Thanks so much for this informative review!
Cecilyerin

I want to love it, but I don’t

I love the book profit first and I’ve incorporated the principles into my business. I find this podcast helpful overall but sometimes difficult to listen to because it’s clear the host is reading a prepared statement rather than just talking naturally. Please consider not reading and simply speaking your mind! I don’t know how other podcasters do it, but I assume they have an outline or a list of points they want to hit in front of them, but not a full narrative. Speaking naturally may result in mistakes and imperfections, but it will be a lot more enjoyable to listen to.
Bromar12

Great content!!

Thanks for the valuable knowledge
48DaysDan

A Must for Top Entrepreneurs

I love the tagline "A podcast for the top 17% of entrepreneurs." That alone gets my attention and Danielle and Mike deliver. Their content week after week provides the real guidance to keep moving up - in both pleasure and profitability in business!
laurajthornock

Danielle is awesome!

You will love this podcast! If you’ve read the Profit First book, the show will deepen your knowledge of the concepts in that book, and motivate you too! Not only is Danielle incredibly smart, she is also generous. I emailed her with a question about my business, and we were able to have a great discussion together where she shared personalized advice with me. Five stars for sure!
jemfebfm

Close not not quite

There is such good potential for the podcast as there are great topics. I have a hard time listening to Danielle as she it painfully obvious she is reading the entire show. I’d like to hear more from Mike as well.
JennBatesPhoto

A great resource

I’m really enjoying the content! It’s delivered in an easy-to-listen-to way, the content is relevant and helpful info for those implementing Profit First. I’d love to hear a thorough breakdown of working out your CAP’s and TAP’s with some real world examples I’d also love to hear more about advanced PF practices. Thank you for this awesome podcast!
dogfailure

Just starting out

I just started reading Profit first and found the podcast. I have binged listen to catch up this is making so much more since to me. I’m going to implement this into my business from the beginning.
Dean Showalter

A podcast for EVERY business at every level!

Danielle is such a great teacher! You can't help but get inspired as she explains a topic most of us would like to avoid if we could, but we can't avoid it if we care about the long-term health of our business. From million dollar businesses to those of us just getting started, Danielle cares about all of us! The podcast is a perfect blend of training, encouragement, inspiration, and kick in the rear end! AirplaneOwnerMaintenance.com will be better equipped to serve aviators because of it. Thanks Danielle!
Kathymay;)

Profit first

I started today 1% ... can’t wait for what comes next.
L. Matheny

Insightful, Informative and Inspiring!

I read Profit First last year and thought it was a good system for our business, but felt we were not ready to implement it. Came across the podcast — binged 10 episodes and got my butt to the bank on Monday to open our accounts. This podcast was the push I needed. Highly recommend this for every small business owner.
Krysteltien

Golden (literally)!

Love listening to the profit first podcast as I am inspired after each episode! Danielle guides us through the Profit First system and how to make a profit even in these uncertain times! I fully believe in this system and Danielle’s teaching as she has helped me make a profit (gold) in my business. She has also made a difference in the lives of so many of my entrepreneur friends! Forever grateful & so excited to keep listening as she continues to share insight and wisdom with us through this podcast!
GregoryPMartin

Can’t stop listening

I love the deep dives into topics that come up when you actually put PF into action. The book can’t possibly cover all the 1 off issues - but this podcast provides creative and practical solutions. Love it!!!
mvaron

Great podcast

This podcast is a great compliment to the book! I am getting ready to start a new franchise so it has been so helpful to listen to the new ideas and remind myself of the systems as I get ready to set this system up from the beginning to be successful from the start! The systems seem very easy to follow and they provide additional visuals on their websites as well that are super helpful. I look forward to hearing more each week from Danielle and Mike.
BGaar

So much practical, real time advice

This podcast has been incredible to help us implement Profit First. Real time tips and strategy to implement the concept of the book! Love it!
Ocala Jo

OcalaJo

Excellent podcast, refreshing ideas about business bookkeeping, easily laid out for application. I'm going to implement this system for my busienss. It's a grown-up version of the envelope system I learned as a teenager before I had my first checking account.
Overflow Amanda

glad my partner told me to listen

Subscribed and will listen to every episode for the stories and authenticity. Special thanks to Brandon of Grandma’s Wealth Wisdom for sharing this podcast with me. One constructive criticism: please stop talking about Mr. Ramsey - he gets enough free advertising.
RWilliamsiii

Great New Podcast

I love how this podcast comes from the perspective of someone using Profit First and not just a lecturer. She really seems to have become an expert by doing.
brandon neely

Wisdom and Gold here!

This is such a powerful podcast. Every entrepreneur and business owner should implement this system and Danielle helps break it down for us in very simple steps! Thanks for your wisdom. No wonder grandmas wealth wisdom loves it! Brandon grandmaswealthwisdom.com

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