Tag Archives: money management

Common Money Mistakes Of Entrepreneurs

Posted on September 28, 2010 by Mike Michalowicz

Entrepreneurs are constantly learning what to do by trial and error. Here are some money mistakes to avoid when starting out… Read More

Posted in Big Success Stories, Money & Equity, Recommendations | Tagged , , , , , , | 4 Comments

A Penny Saved is a Penny Earned, Plus Interest, and Minus Taxes

Posted on July 21, 2008 by Mike Michalowicz

As useless as they may seem, your success hinges on pennies. Pennies are the bottom line of your business, and if you don’t got ‘em, you’re sunk.

Most wannabes focus on the top line, the magical millions that may as well be Monopoly money for all you can do with it. They rarely consider the true cost of doing business – the product, payroll, insurance, taxes, taxes, and taxes. Read More

Posted in Money & Equity, The Right Actions | Tagged , , , | 4 Comments