The following is excerpted from "Clockwork: Design Your Business to Run Itself" by Mike Michalowicz with permission of Portfolio, an imprint of Penguin Publishing Group, a division of Penguin Random House LLC. Copyright © Mike...
Mike Michalowicz launched and sold two mulitmillion-dollar companies and is co-founder of Profit First Professionals, a membership organization of accountants, bookkeepers and business coaches who teach the Profit First method. He is the host of the American Express Turning Points podcast, a former columnist for The Wall Street Journal, is a popular speaker and has shared his insights on business and entrepreneurship at TEDx, creativeLIVE, INCmty and others. He is the author of "Profit First," "The Pumpkin Plan" and "The Toilet Paper Entrepreneur." His columns have appeared in Entrepreneur magazine, Open Forum and Harvard Business Review.