
The Cohost Bros 100 - Profit First for STR Operators: The Money Mindset You Need | Mike Michalowicz
Episode 100 is here, and we brought in a big one to celebrate. Matt and Austin sit down with Mike Michalowicz, bestselling author of Profit First, The Pumpkin Plan, Clockwork, and his newest book, The Money Habit. Simon Sinek called him the patron saint of entrepreneurs, and after this episode, you will understand why.
Mike breaks down the money mistakes that are quietly killing small businesses, including STR management companies, and gives you the tools to stop them. From the simple formula flip that unlocks real profitability, to why most of us sabotage our own financial success the moment we start making money, this episode is packed with insights that hit way too close to home.
Here is what you will learn:
Why the traditional accounting formula is backwards and what to do instead, how Parkinson's Law is silently draining your bank account, the Pumpkin Plan strategy and why pruning your client roster could be your biggest growth move, how to use your best clients to instantly identify what your business should double down on, and why you need to nail both your business and personal finances to actually build wealth.
Whether you have been reading Mike's books for years or this is your first time hearing his name, this episode will change the way you think about money and your business.
Check out Mike's books and resources at www.mikemotorbike.com and his podcast Becoming Self Made on Apple and Spotify.
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Matt Codd
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Austin Spitzenberger
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