thread January & February 2024 Book Club: Profit First by Mike Michalowicz in Square Readers Book Club

January & February 2024 Book Club: Profit First by Mike Michalowicz

PessoAlumni — Wed, 17 Apr 2024 17:41:00 GMT

Hey Square Readers,

You voted and chose Profit First by Mike Michalowicz as our Square Readers Book Club book for January & February 2024!

Here’s a quick summary:

“A simple, counterintuitive cash management solution that will help small businesses break out of the doom spiral and achieve instant profitability. Just as the most effective weight loss strategy is to limit portions by using smaller plates, Michalowicz shows that by taking profit first and apportioning only what remains for expenses, entrepreneurs will transform their businesses from cash-eating monsters to profitable cash cows. Four simple principles can simplify accounting and make it easier to manage a profitable business. A small, profitable business can be worth much more than a large business surviving on its top line. Businesses that attain early and sustained profitability have a better shot at achieving long-term growth.”

We’re taking December off for the Festive/Holiday Season, so we’ll start reading on Tuesday, January 2nd, so get ready and pick up a copy at a local library, bookstore, Amazon, or anywhere else!

We’ll have discussion threads being posted throughout the next two months, and a Live Discussion Video Chat on Tuesday February 27th. See the event page for the time and more information.

View and Subscribe to all threads about this book.

We can’t wait to read with you!

Pesso

Re: Our Book for January & February 2024: Profit First by Mike Michalowicz

Tamyra_Paunchy — Mon, 13 Nov 2023 16:13:21 GMT

Yay! So excited for this. 😁

Re: Our Book for January & February 2024: Profit First by Mike Michalowicz

PessoAlumni — Tue, 14 Nov 2023 16:41:01 GMT

Thanks @Tamyra_Paunchy -- I'm excited too!

Re: Our Book for January & February 2024: Profit First by Mike Michalowicz

CareyJo — Tue, 14 Nov 2023 18:12:04 GMT

I'm going to bow out on this book but will attend the discussion just because I want to hear what people thought about it. I will be out of the country for two weeks in February and will have a lot going on before and right after and I already struggle to keep up with reading. I also think that this book is not up my alley....

Also, for our next discussion on the 28th, I will be at Festival of Trees setting up my display for the entire day. I will have my ear pods in but likely won't chime in much, as I won't have the ability to stop working or have a conversation.

Happy Thanksgiving!!

Re: Our Book for January & February 2024: Profit First by Mike Michalowicz

PessoAlumni — Tue, 14 Nov 2023 18:25:07 GMT

Totally fair -- thanks for letting us know, @CareyJo ! Looking forward to having you with us in any way you're able. Hope the event & display go smoothly -- would love to see some pictures & a post in the general Seller Community afterwards about your experience there!

Re: Our Book for January & February 2024: Profit First by Mike Michalowicz

CareyJo — Fri, 17 Nov 2023 17:58:04 GMT

I will definitely share some pics! This is my 4th year 🙂

Re: Our Book for January & February 2024: Profit First by Mike Michalowicz

scastrotattoo — Wed, 22 Nov 2023 19:43:51 GMT

I won't be reading this book, due to the fact that the author completely lost me on the last one.

However, i do hope you all enjoy and benefit from it.

*fingers crossed* for the following pick

i do miss the live discussions, brainstorming with this delightful and insightful group.

Re: Our Book for January & February 2024: Profit First by Mike Michalowicz

PessoAlumni — Wed, 22 Nov 2023 21:30:58 GMT

Totally fair @scastrotattoo ! Hopefully it'll be a different style, but who knows...

I'm bringing in a whole bunch of new ones for the next round, so my fingers are crossed for that one too!

We'll miss ya too! You still can always hop into the group chat for both this one and Fix This Next if you'd like!

Re: Our Book for January & February 2024: Profit First by Mike Michalowicz

Stacelyn24 — Tue, 28 Nov 2023 20:28:21 GMT

I'm so glad this one won!!!!! Yeah!!! Can't wait lol 🙂

Re: Our Book for January & February 2024: Profit First by Mike Michalowicz

Stacelyn24 — Tue, 28 Nov 2023 20:30:01 GMT

Hey I actually had this book before...sneaked and read the first two chapters. Try it out...his style is different from the last one and I like it (at the moment lol). I could keep up with this one and didn't have to go back and re-read parts because he had lost me. Don't give up on it lol 🙂

Re: Our Book for January & February 2024: Profit First by Mike Michalowicz

PessoAlumni — Tue, 28 Nov 2023 22:34:37 GMT

Thanks so much for sharing that, @Stacelyn24 ! Definitely feeling more hopeful about it, haha

Re: Our Book for January & February 2024: Profit First by Mike Michalowicz

PessoAlumni — Tue, 28 Nov 2023 22:37:42 GMT

I'm excited too, @Stacelyn24 ! Just got my copy and I might dip into it early too

Re: Our Book for January & February 2024: Profit First by Mike Michalowicz

CareyJo — Wed, 29 Nov 2023 14:10:44 GMT

This display is meant to be 1/2 outside and 1/2 inside. We only get a 7 foot square to decorate, so it's a little close together. The twinkle lights connecting the trees will look like stars in the evening when they have the lights dim. There's a bench with blankets and pillows and a smokeless fire pit, along with a S'mores kit and mugs with cocoa to enjoy the night sky. The name of my theme is I'm Dreaming of a White Christmas. This year's theme for the event is Forest of Dreams. Everything in the display goes to the winning bidder. What do you all think?

Re: Our Book for January & February 2024: Profit First by Mike Michalowicz

Lovewell — Thu, 30 Nov 2023 18:33:35 GMT

@PessoAlumni such an incredible book!! Ready to read it again!

Re: Our Book for January & February 2024: Profit First by Mike Michalowicz

scastrotattoo — Thu, 30 Nov 2023 18:51:00 GMT

hey, thank you for the encouragement. i do appreciate your input, however he lost me due to not fitting my type of business. So if its based on the same perspective, even with a different writing style, i don't see it being beneficial for me.

Re: Our Book for January & February 2024: Profit First by Mike Michalowicz

PessoAlumni — Mon, 04 Dec 2023 20:52:55 GMT

Ah, that's so cool, @CareyJo ! Looks really nice and I hope it went well!

Re: Our Book for January & February 2024: Profit First by Mike Michalowicz

PessoAlumni — Mon, 04 Dec 2023 20:53:50 GMT

Thanks, @Lovewell ! Can't wait to hear your thoughts the second time around in our discussion threads!

Re: Our Book for January & February 2024: Profit First by Mike Michalowicz

CareyJo — Mon, 04 Dec 2023 23:54:07 GMT

Thank you! It did! My highest selling tree yet! To date my highest was 2750.00. This one sold for 3950.00! I was the very last auction to go up so I was a little nervous that it would make a poor showing after so much money had already been spent, but it did well. We had an anonymous donor that matched dollar for dollar on all the auction items too, so that was even better! They usually raise over 500k at this event each year. It is their 36th year and it's the annual fundraiser to fill the budget for the next year, so it's a big deal. 🙂

Re: Our Book for January & February 2024: Profit First by Mike Michalowicz

PessoAlumni — Wed, 06 Dec 2023 19:37:50 GMT

That. Is. Huge! Congrats on the massive increase there, @CareyJo ! It sounds like that would have been super stressful to go last, and I'm so glad that the whole event was such a big success. So amazing of you to participate and contribute to the cause!

Re: Our Book for January & February 2024: Profit First by Mike Michalowicz

CareyJo — Thu, 07 Dec 2023 17:35:46 GMT

Already working on next year's theme! It's going to be awesome! The event theme for next year is Perfectly Preposterous.... my theme may or may not involve two Johnny Depp movies and lots of hats 🙂