Mike Michalowicz
speaker
1,537 appearances
2 recordings
1 series
first heard Feb 2026
last heard 20 Feb
Mike Michalowicz’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsRecordings per month over the last 12 months — 2 in all, peaking in Feb 2026 with 2.
Appearances
And we repeat this process over and over.
Totally.
That's part of that's part of optimal forging theory.
Yeah.
I'm afraid.
And so, by the way, taxes will come.
We're told in our business, if you spend the money on different expenses, you can reduce your taxes.
Yeah.
Some of that's prudent, for sure.
Like, I hope your vehicle or some of your vehicles are actually going through the business to reduce your tax consequences.
Some of it just can't legally be done.
And yet entrepreneurs still say, if I just simply spend or find a way to spend, and it actually compromises other elements of our life.
Here's the most crazy thing, and this isn't a profit first.
We encourage people to set up a tax account.
So money comes in and money goes into this tax account.
And then when tax time comes, we pay from that account.
What's so interesting is it reduces that sense of loss aversion because the money's already been allocated to it.
One of the most crazy things, Hala, is every quarter when I wrote Profit First, I was expecting people to say, hey, I have more profit than ever before.
Thanks for writing this book.
I actually get people writing, calling me, and sometimes showing me my office, which don't need to do that, but some people do, saying, I just paid my taxes.
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