[Richard iSparkle]

there was a post put up last year about what was the best business book you had read.

one of us mentioned Profit First and how it had changed their business.

I bought it myself and am working through it now. its amazing.

who recommended it in the first place?

[Cookie]

Is this the book by Mike Michalowicz?

So, just of interest, how do you think this is going to change the way you run your business?

[Richard iSparkle]

Is this the book by Mike Michalowicz?

So, just of interest, how do you think this is going to change the way you run your business?

yes thats the one.

it gives you simple percentages to aim for various expenses and profit.

so you check your balance against these numbers to see how you are performing.. whether you need to push sales, or cut costs, on a weekly and monthly basis

just simple management statistics really.

[Richard iSparkle]

Nudge

[swanson]

Sounds complicated

[Richard iSparkle]

Sounds complicated

not really.

its just a spreadsheet.

plenty of bookkeepers and accountants and coaches who will get you setup too if needed

once its setup its straightforward enough.

its not like your bookkeeping that needs to be spot on either, you just need the broad figures for this as its for your own management

[Stoots]

Started listening to this today.

Thought it was a bit rubbish to be honest, lot of fluff. Maybe it's gets better when he gets to the point lol

Just got to the bit where he says open 10 bank accounts ... No not gonna do that.

Oh and sorry if forgot to call you Richard, I keep meaning to I'll try and remember tomorrow when I stop for lunch.

[Richard iSparkle]

Started listening to this today.

Thought it was a bit rubbish to be honest, lot of fluff. Maybe it's gets better when he gets to the point lol

Just got to the bit where he says open 10 bank accounts ... No not gonna do that.

Oh and sorry if forgot to call you Richard, I keep meaning to I'll try and remember tomorrow when I stop for lunch.

no worries Gomo.

not every book is for everyone

ive been meaning to try you myself

R

[johnwillan]

there was a post put up last year about what was the best business book you had read.

one of us mentioned Profit First and how it had changed their business.

I bought it myself and am working through it now. its amazing.

who recommended it in the first place?

Hi Richard

Hope you're keeping well.

I've not read the book so may be speaking out of turn, however I'd prefer a book titled "People First" - look after those at "the coal face" and the figures will follow.

Yes you need some simple figures to ensure you're on track -  daily cash position compared with last year is a good one

Favourite business books: Upside Down management by John Timpson, Nut's by Herb Kelleher & Maverick by Ricardo Semler - common theme is "People First" - works for me.

Latest read: Build to Sell - very good
   

[Richard iSparkle]

there was a post put up last year about what was the best business book you had read.

one of us mentioned Profit First and how it had changed their business.

I bought it myself and am working through it now. its amazing.

who recommended it in the first place?

Hi Richard

Hope you're keeping well.

I've not read the book so may be speaking out of turn, however I'd prefer a book titled "People First" - look after those at "the coal face" and the figures will follow.

Yes you need some simple figures to ensure you're on track -  daily cash position compared with last year is a good one

Favourite business books: Upside Down management by John Timpson, Nut's by Herb Kelleher & Maverick by Ricardo Semler - common theme is "People First" - works for me.

Latest read: Build to Sell - very good
 

hey john!

you are very strong on the team building side of things for sure.

Profit first isn't a ruthless business book like it may sound. it is showing you how to make sure you are always making a profit, and how you can use up to date info on you monies to run your business sustainably.

its not about how to make profit ruthlessly, but rather how important it is to make a profit in business, and how important it is to keep an eye on it if you are going to develop your business to allow it to become what you want from it

its something thats very useful for me, but maybe not for everyone. we all have our own strengths.

 

[johnwillan]

there was a post put up last year about what was the best business book you had read.

one of us mentioned Profit First and how it had changed their business.

I bought it myself and am working through it now. its amazing.

who recommended it in the first place?

Hi Richard

Hope you're keeping well.

I've not read the book so may be speaking out of turn, however I'd prefer a book titled "People First" - look after those at "the coal face" and the figures will follow.

Yes you need some simple figures to ensure you're on track -  daily cash position compared with last year is a good one

Favourite business books: Upside Down management by John Timpson, Nut's by Herb Kelleher & Maverick by Ricardo Semler - common theme is "People First" - works for me.

Latest read: Build to Sell - very good
 

hey john!

you are very strong on the team building side of things for sure.

Profit first isn't a ruthless business book like it may sound. it is showing you how to make sure you are always making a profit, and how you can use up to date info on you monies to run your business sustainably.

its not about how to make profit ruthlessly, but rather how important it is to make a profit in business, and how important it is to keep an eye on it if you are going to develop your business to allow it to become what you want from it

its something thats very useful for me, but maybe not for everyone. we all have our own strengths.

 

So I was speaking out of turn LOL!

Reading it now!

[Dry Clean]

Sounds complicated

It has to sound complicated, there's nothing hard in building a window cleaning business, its holds very little financial risk and is almost mistake proof,  but you wouldn't buy my book if it only said that.

[NWH]

The only piece of advise you need is that you must have a swivel chair 🪑the cash will come rolling in,to Rishi 🤣🤣🤣🤣.

[NWH]

Does that book give advise on how to steer clear of 1 o’clock gotta pick the kids up employees and the Mrs needs me to run 🏃‍♀️ her down the town at 2 🤣🤣,saying that does it give advise on sniffing out the people that actually view it as a job of work 7-30-4-00 ish.
It sounds similar to a book I once read called how to sniff out rocking horse S**T.

[Richard iSparkle]

Does that book give advise on how to steer clear of 1 o’clock gotta pick the kids up employees and the Mrs needs me to run 🏃‍♀️ her down the town at 2 🤣🤣,saying that does it give advise on sniffing out the people that actually view it as a job of work 7-30-4-00 ish.
It sounds similar to a book I once read called how to sniff out rocking horse S**T.

here's one for you pal

[NWH]

Yeah just you keep bagging your 150-200 grand a year before Vat and Tax and I’ll keep myself to myself 🤣🤣,do the numbers they do a book on that for dummies too.

[Richard iSparkle]

Yeah just you keep bagging your 150-200 grand a year before Vat and Tax and I’ll keep myself to myself 🤣🤣,do the numbers they do a book on that for dummies too.

i think you've got me mixed up with someone else.

i've never mentioned those figures?

[NWH]

No I know you didn’t I did.

[Richard iSparkle]

No I know you didn’t I did.

[NWH]