The reason so many investors stay broke even though they’re working hard…
…is because they don’t have a SYSTEM for managing their cash flow.
I was in a pretty rough spot 2 years ago.
(You’ve probably heard this story before…)
I didn’t have any cash.
My wholesaling / flipping business was growing like crazy…
But my credit cards were maxed out and we could barely buy groceries.
I know a LOT of investors who are in this same spot right now.
I know how much it sucks.
The way I fixed it was by plugging into a system called “Profit First.”
This system is pretty simple.
But it’s also counter-intuitive…
…and most business owners would never think to arrange their finances this way.
(I know I didn’t.)
It really WORKS, though…
I’m not paying my company’s expenses out of my own pocket anymore, which is a great feeling.
I want to share this system with you…
And I figured, what better way to do that than to bring in the guy who came up with it?
Mike Michalowicz is the creator of the “Profit First” system.
He wrote the book on it (literally).
He’s a serial entrepreneur and a best-selling author…
…and I asked him to join me on the podcast today to break down this one simple accounting structure that has saved my sanity, my marriage, and probably my entire business over the past year or so.
(Seriously… I’m only slightly exaggerating, guys.)
Mike is an incredible, down-to-earth guy…
…and his insights are changing the way real estate investors scale their companies.
So with that said, let’s dig into one of my favorite podcast episodes ever…!
A business framework that creates consistency within your flipping business by giving you a tested roadmap to building real estate wealth.
5 Proven Steps to Build Active and Passive Income in Real Estate (FREE!)
The 2-Minute Exercise That Shows You Exactly How to Build Toward Your Life of Freedom.This quick (and powerful) quiz will help you calculate exactly how many deals you need to support your ideal lifestyle and how close you already are. Most investors don’t fail from lack of effort, they fail from lack of direction. No guesswork. No fluff. Just a clear target—and a plan to make it real.
Use the same script Adam uses while on the phone with sellers
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