Entrepreneurs start businesses in pursuit of financial freedom, yet many struggle to generate consistent profit even as revenue grows. Mike Michalowicz has seen this pattern play out time and time again. While traditional accounting trains business owners to treat profit as what’s left over, Mike flipped the formula. He created Profit First, a cash management system that prioritizes profit from day one and has since been adopted by over 700,000 businesses worldwide. In this episode, Mike reveals how entrepreneurs can prioritize profit, build wealth, and finally turn revenue into true financial freedom.In this episode, Hala and Mike will discuss:(((((((((Mike Michalowicz is a bestselling author, entrepreneur, and creator of the Profit First cash management system, used by over 700,000 businesses worldwide. He has built and sold multiple multi-million dollar companies and authored influential books, including Profit First, Clockwork, and Get Different. A sought-after keynote speaker, Mike helps entrepreneurs build profitable, sustainable businesses using behavior-based financial strategies.Sponsored By:Indeed - Get a $75 sponsored job credit to boost your job's visibility at Indeed.com/profitingShopify - Start your $1/month trial at Shopify.com/profiting.Spectrum Business - Keep your business connected seamlessly with fast, reliable Internet, Phone, TV, and Mobile services. Visit https://spectrum.com/Business to learn more.Northwest Registered Agent - Build your brand and get your complete business identity in just 10 clicks and 10 minutes at northwestregisteredagent.com/paidyapFramer - Publish beautiful and production-ready websites. Go to Framer.com/profiting and get 30% off their Framer Pro annual plan.Quo - Run your business communications the smart way. Try Quo for free, plus get 20% off your first 6 months when you go to quo.com/profitingWorking Genius - Take the Working Genius assessment and discover your natural gifts and thrive at work. Go to workinggenius.com and get 20% off with code PROFITINGExperian - Manage and cancel your unwanted subscriptions and reduce your bills. Get started now with the Experian App and let your Big Financial Friend do the work for you. See experian.com for details.Huel -  Get all the daily nutrients you need with Huel. Grab Huel today and get 15% OFF with my code PROFITING at huel.com/PROFITING. Resources Mentioned:Mike’s Website: mikemotorbike.com Mike’s Book, Get Different: bit.ly/GetDifrent Mike’s Book, Clockwork: bit.ly/Clocwork Mike’s Book, Profit First: bit.ly/-ProfitF1st Mike’s Book, The Pumpkin Plan: bit.ly/TPumpkinP YAP E386 with Mike Michalowicz: Active Deals - youngandprofiting.com/deals Key YAP LinksReviews - ratethispodcast.com/yapYouTube - youtube.com/c/YoungandProfitingNewsletter - youngandprofiting.co/newsletter LinkedIn - linkedin.com/in/htaha/Instagram - instagram.com/yapwithhala/Social + Podcast Services: yapmedia.comTranscripts - youngandprofiting.com/episodes-new Entrepreneurship, Entrepreneurship Podcast, Business, Business Podcast, Self Improvement, Self-Improvement, Personal Development, Starting a Business, Strategy, Investing, Sales, Selling, Psychology, Productivity, Entrepreneurs, AI, Artificial Intelligence, Technology, Marketing, Negotiation, Money, Finance, Side Hustle, Startup, Mental Health, Career, Leadership, Mindset, Health, Growth Mindset, Personal Finance, Wealth, Stock Market, Scalability, Investment, Risk Management, Financial Planning, Business Coaching, Finance Podcast, Saving