https://pumpkinplanyourbiz.com/wp-content/uploads/2014/05/Profit-and-Bank-150x150-1.jpg 150 150 mikemichalowicz https://pumpkinplanyourbiz.com/wp-content/uploads/2020/07/pumpkin-plan-your-biz-logo-2.png mikemichalowicz2014-05-12 20:20:522021-03-13 00:36:20The Real Formula for Profitability
The Real Formula for Profitability
While I have co-founded, built and sold two multi-million dollar technology service firms, I admit they were never truly profitable. Every increase in revenue seemed to be matched with an even greater increase in expenses. Every day I checked (and still do) my bank balances. As the balances would climb and fall, so would my confidence and my spending. I lavishly incurred new, unnecessary expenses when my bank account was fat. I panicked when it was thin.