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January 13, 2025 23 mins
Worried about your business running out of money?   This common fear among entrepreneurs goes beyond mere inconvenience; it strikes at the heart of your ability to operate and grow. Imagine the stress of looking at your financial statements, realizing there isn’t enough to cover next month’s bills, let alone unexpected expenses.    Whether it’s missing payroll, delaying crucial inventory purchases, or facing hefty tax bills unprepared, these scenarios can shake even the most seasoned business owner. It’s not just about managing finances; it’s about securing peace of mind in a world where cash flow is king.   This week on “De-stress Your Business,” we’re joined by Mike Michalowicz, a titan in the entrepreneurial community and the creator of the Profit First formula. With a track record of founding and selling multiple multi-million dollar businesses before his 35th birthday, Mike has dedicated his career to teaching other entrepreneurs how to achieve the same success.    His Profit First system has been applied by hundreds of thousands of businesses worldwide, radically improving their cash management and ensuring their financial health.   In this episode, Mike shares: Effective strategies to prevent financial panic at the end of each financial period, Real-world success stories of businesses that implemented Profit First and transformed their financial health, Step-by-step actions you can take immediately to start building financial security in your business.   Tune in to episode 149 with Mike Michalowicz to learn how to turn your financial anxiety into a story of success.   ---   Helpful resources:
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