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May 30, 2025 • 36 mins

🎯 In this second episode on Profit First by Mike Michalowicz, Coach Willie Blake and Ian Sturmer go beyond the basics and unpack the real magic behind the method:👉 Profit isn’t math—it’s mindset.If you’ve ever found yourself making money but feeling broke, this episode is for you. Learn how reversing the traditional formula and implementing small, intentional financial habits can completely shift how you run your business (and your life).💡 Key Topics Covered:Profit Is a Mindset, Not Just a FormulaMost businesses don’t need more income—they need more structure and discipline. Profit First gives both.Parkinson’s Law & the Toothpaste AnalogyWe use what’s available. When money is scarce (like the last bit of toothpaste), we spend more wisely. Control the flow—control your outcomes.Start with Just 1%Set aside 1% of all income into a separate profit account. It rewires your brain and proves you can operate on less. From there, build up to 5%, 10%, or more.The Power of Separate Bank AccountsOut of sight, out of temptation. When profit is separated, you stop spending emotionally and start spending intentionally.It’s Not Just About MoneyThe principles apply to health, relationships, mindset, and beyond. Cut 100 calories, save 10 minutes, or improve 2% a day—it all compounds.Systems beat WillpowerDon’t trust your gut. Trust your process. Systems help you act smarter, even when you feel tired, emotional, or impulsive.🎯 Why You Should Watch:This episode is a masterclass in tiny adjustments with massive outcomes. If you’re tired of the feast-or-famine rollercoaster in business or life, this will show you how to create steady, sustainable success—starting with just 1%.🌱 Practical Takeaways:Set up separate accounts to create financial clarityStart saving profit at just 1%—and build from thereApply the 2% Rule to health, relationships, and goalsTrust systems, not emotion. Profit is a discipline, not a fluke🎙️ Stay Inspired:Subscribe to Champion Reads for deep dives into the most practical and powerful business books that transform not just how you work—but who you become.🌐 Explore More:Join the Champion Circle community at https://www.mychampioncircle.com for exclusive coaching and high-performance strategies.🔔 Don’t Forget to Like, Share, and Subscribe!#ProfitFirst #MikeMichalowicz #FinancialFreedom #EntrepreneurHabits #BusinessSystems #SmallStepsBigResults #ParkinsonsLaw #2PercentRule #ChampionReads #ChampionCircle #MindsetShift #ProfitMindset #MoneyHabits

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