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090 Profit first - Part 1 Theory
Money Over 50 Podcast
<p>This episode discusses the theory of "profit first" Revenue - Profit = Expenses and why it is better than the old way of thinking of basing your profits off your revenue and expenses Revenue - Expenses = Profit (Michalowicz, 2017). The theory was originally based at a company level, but has been adapted by Michael and Dallas to suit a household.</p>
<p>Reference: Book "Profit First" by Michael Michalowicz</p>
<p>For all listener questions/feedback, please contact the team at <a href="mailto:podcast@mo50.com.au" rel="nofollow">podcast@mo50.com.au</a></p>