About Profit First Nation

You are here because you have kicked operating your business “check-to-check” to the curb. You are here because you are sick and tired of working too hard and putting too much at risk for little to no reward.

You are here because you realize you cannot continue to operate your business like an ostrich with your head in the sand when it comes to your company’s financials.

You are here because by leveraging Profit First as a cash management system for your business you are on a path to permanent profitability.You are here because you are a top 17%-er entrepreneur.

As a top 17%-er, you represent the “Profit First” percentage of businesses that are not operating check-to-check and have money in the bank to correlate to your profitability.

When you implement Profit First and begin immediately allocating at least 1% of your income deposits to profit – you put yourself in that awesome top 17% category.

Profit First Nation Podcast

Latest Episodes

  • Ep 118 Another Great “8” Episode with Mike
  • July 29, 2022

Ep 118 Another Great “8” Episode with Mike

Mike Michalowicz is back because it’s an episode ending in “8.” We talk getting comfortable with the uncomfortable when it comes to making a transformation like moving from one business bank account to five. We also talk about how to apply the Pareto Principle to your customer roster and how your customers impact your profitability. Additionally, we provide recommendations on what and how much to keep in your vault account for OpEx. Don’t forget that we have your back on where and how to open your five core accounts at https://www.profitfirstnation.com/step-1/

  • Ep. 117 Abundance
  • July 26, 2022

Ep. 117: Abundance

With a mindset of abundance there is peace and infinite opportunity. We break down a checklist and discuss how to get the right framework in place to maximize your profitability. SPECIAL BONUS RESOURCE: Reverse Engineer Calculator Based on Owner’s Pay available at www.ReverseEngineerCalculator.com

  • Ep 116 Joe’s Profit First Journey
  • July 02, 2022

Joe Wellbourn of Carbon Marine shares his authentic Profit First Journey, from a false start, driving blindly and by the seat of his pants to a permanently profitable business owner who is no longer a slave to the grind, and has cold, hard cash in the bank to correlate to his profitability.

  • Ep. 115 Leveraging Credit with Profit First
  • June 30, 2022

Ep. 115: Leveraging Credit with Profit First

If you are using credit as a bridge because you don’t have the money on-hand to support the purchase (and it’s not an issue of waiting on A/R) = Your expenses are too high and it’s time to do an Expense Analysis.

The Profit First Nation Blog

Latest Posts


Myths of Entrepreneurship – Ep 19 Blog Post

[Adapted from Episode 19 of the Profit First Nation podcast] It’s time we dispelled some myths of entrepreneurship. Myths are ...

Read More

Best Practices with Credit Cards – Ep 15 Blog Post

[Adapted from Episode 15 of the Profit First Nation podcast] Alright Profit First Nation – we need to talk about ...

Read More

Get Your Butt to the Bank (Part 1) – Ep 2 Blog Post

[Adapted from Episode 2 of the Profit First Nation podcast] So maybe you’ve just learned about Profit First and are ...

Read More