About this episode

David and Mike discuss the importance of financial discipline for business owners and how to manage profits effectively.

David is joined by Mike Michalowicz, author of Profit First and The Money Habit, who has spent years showing entrepreneurs why financial discipline at home is just as critical as profitability in the business. They break down why most owners are wired to spend every dollar they earn, from the behavioral science behind the hunt-and-gorge cycle to the multi-account system that removes willpower from the equation, to why 1% profit allocation can compound into a sellable, self-sustaining business. See where your business stands —Take the free Growth Scorecard Listen to the full audiobook free — Get Off The Truck Follow HSBC Social's: Facebook | Instagram | YouTube | HSBC Accelerator | Jobber | Home Service Business Coach Email: info@homeservicebusinesscoach.com

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