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Finances are an integral part of running any business, and real estate investing is no different. Figuring out how to properly and effectively structure your finances can be confusing, but I’ve discovered a method that has totally changed my personal real estate investing business!
In this video, I’m reviewing the book that transformed my business—Profit First by Mike Michalowicz. Profit First is a simple and effective formula designed to help businesses stake claim on their income by prioritizing profit above sales and expenses. The system operates as a means to allocate money appropriately so that the business not only runs smoothly, but so the business owner is paid.
You’ll learn about the four different divisions for money in the Profit First system. I’ll talk about how most businesses are structured incorrectly, and how Profit First can help your business run smoothly. Press play to learn more about the Profit First system!
Profit First by Mike Michalowicz: https://goo.gl/WL4L2Z
How to Implement Profit First for Real Estate Investing: https://goo.gl/Vm2oYG
Mike Michalowicz on the Investing in Real Estate Podcast: https://goo.gl/5zJmSc
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