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Mike Michalowicz

Mike Michalowicz (pronounced mi-KAL-o-wits) started his first business at the age of 24, moving his young family to the only safe place he could afford – a retirement building. With no experience, no contacts and no savings he systematically bootstrapped a multi-million dollar business. Then he did it again. And again. Now he is doing it for other entrepreneurs. Mike is the CEO of Provendus Group, a consulting firm that ignites explosive growth in companies that have plateaued; is a former small business columnist for The Wall Street Journal; is MSNBC’s business make-over expert; is a keynote speaker on entrepreneurship; and is the author of the cult classic book, The Toilet Paper Entrepreneur. His newest book, The Pumpkin Plan has already been called “the next E-myth!”

Mondays with Mike: Want to be More Efficient? Learn from Manufacturing!

By August 21, 2017 No Comments

One thing I’ve noticed over the years is entrepreneurs looking to improve the way they run their businesses tend to look around within their own industry.  So if you’re a restaurateur, you’re visiting other dining establishments and chatting with other restaurant owners about their recipes for success (pardon the pun.)  It makes sense, of course, but I’ve learned that it’s foolish to stop looking for solutions once you’ve canvassed other people in your industry.

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How to time your product launch

Mondays with Mike: How to Perfectly Time Your Product Launch

By August 14, 2017 No Comments

You can have the most brilliant products with the slickest marketing, but if you’re selling flip flops during a snowstorm, you’re destined for failure.  Not only does timing matter because it can make or break your sales, but it also matters when you consider all the effort and money invested in new product or service rollouts.  Want to waste your time and money?  Launch at the wrong time!

But as important as timing is, it’s also difficult.  But don’t lose heart!  There are strategies for improving your timing.

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business growth tips

Mondays with Mike: Jump-Start Your Company’s Growth! Four Practical Strategies

By July 31, 2017 No Comments

There aren’t many entrepreneurs I know who are content to rest on their laurels.  We’re just not built that way.  We make something, and then we want to make it better, bigger.  Striving for growth is healthy and keeps us focused on innovating, creating, and improving.

But if you’re starting out, or even if you’re established and in a rut, it can be difficult to decide how exactly to drive your growth.  What steps should you take to inject energy and vigor back into your company?  I’ve compiled four road-tested strategies for you.

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Mondays with Mike: Leadership Fails: Avoid These Mistakes!

By July 31, 2017 No Comments

Just because you’re the best accountant, plumber, or chef, that doesn’t necessarily man that you have all the skills you need to open your own business.  In fact, leadership itself is a skill – a set of behaviors that can be learned and improved.  And since I’ve always thought we can learn as much from mistakes as we can from successes, here are leadership mistakes you should absolutely avoid:

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Mondays with Mike: Productivity Overdrive! Simple Strategies for Accomplishing More in Less Time

By July 24, 2017 No Comments

If I wanted to learn to hit a 90-mile-per-hour fastball, I wouldn’t ask Martha Stewart for advice. I also wouldn’t ask Derek Jeter to teach me how to make a soufflé. With all the crazy tasks I face each day, it made sense to me to observe the super productive people I know and see what makes them so efficient. Here’s what I learned:

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tips to get loyal customers and fans

Mondays with Mike: 5 Surefire Strategies to Get Raving Fans

By July 17, 2017 No Comments

Customers are great.  They’re the lifeblood of our companies.  But super fans?  They’re the ones who make it a joy to get out of bed every morning.  Loyal, devoted fans are willing to pay premium prices for the services they value so much, and they’re eager to tell everyone they know how great your company is.

My business – Profit First Professionals – has been going through a huge growth phase, and I attribute much of that growth to our fans – the folks who can’t live without us.  And here’s how we created those fans.

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Increase cash flow for your business with these simple tips

Mondays with Mike: Cash Crunch? Try These Strategies!

By July 10, 2017 No Comments

Every business has its ups and downs.  And there are countless ways to economize, strategize, and even take out a loan in a pinch.  But you know if you put company expenses on a credit card then you’re simply deferring the pain.  Borrowing money because your business isn’t profitable just isn’t workable long-term.

You need new revenue!

You may think that’s easier said than done, but every one of the tactics I outline below are ones I’ve used myself to drum up new business and make my bottom line  much healthier.  You can do it too.

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