This Simple Money Habit Could Save Your Business

What if the secret to a healthier business is hiding in plain sight?

Well it is!

And it all starts with one simple money management principle…

Profit First by Mike Michalowicz is built on one core idea.

Pay yourself before anything else.

That single shift transforms how you treat every dollar that comes in.

Profit becomes intentional instead of accidental.

This idea clicked for me because it mirrors how I handle my personal finances.

Simple. Predictable. Clear.

These days, I run my business the same way.

It’s a stripped-down version of Profit First to fit my simple business model.

But the essense of it is the same.

Pay myself first!

Here’s what the habit looks like in my world.

I take 30% of all income and invest it in index funds.

Technically that isn’t “paying myself first,” but it ensures profit is protected before expenses sneak in.

Then I pay myself a set salary.

Everything else comes after.

It’s not the official Profit First method, but the core idea is unchanged.

And that’s the part that matters.