Mike Michalowics - Sooter Consulting

Boost Insurance Agency Growth with Profit First Strategies

by Larissa Summers | Nov 1, 2024 | Profit First

Ask Donna “I want to grow, but I can’t raise my rates” Note From Larissa For Donna… Hey everyone! We’re hoping to get these segments out in video format soon! If you would like to submit a question for Donna reach out to us through emails...

Fix This Next: Building a Legacy with the Fifth Level Principles

by Donna Lim | Aug 22, 2020 | Business Planning, Small Business

Community Continuance – Do you clients defend, support, and help your business? Let’s face it, we have a highly charged society at the moment. Emotions and tensions are high. Let say you have some false things written about your company and it hits Facebook and goes...

Fix This Next: Fourth Level, Making an Impact with Stewardship and Mission

by Donna Lim | Aug 7, 2020 | Business Planning, Small Business, Tips and Tricks

A few nuggets from the chapter and then we will dive into the 5 core needs of level four – Impact. Mike says, “The impact you want to make is important, but you can’t pull it off until you have all of the base levels humming.” This is true and I do see clients jumping...

Fix This Next: Second Level, Strengthening Profit with Debt Control and Cash Reserves

by Donna Lim | Jun 27, 2020 | Profit First, Small Business, Tips and Tricks

I have heard this more than once in my life – I have reinvested my profits back into the business. Mike said it another way that I have been pondering. A reinvestment of “profits” is an expense. Period. I’ve decided that even though we may show a profit on the Profit...

Fix This Next: Mastering the Business Priority Pyramid

by Donna Lim | May 28, 2020 | Small Business

Many of you have heard Maslow’s Hierarchy of Needs. It is a triangle with 5 levels to it: Physiological, Safety, Belongingness, Esteem and finally Self Actualization. I used to think that you had to achieve one at a time – climbing the different levels. I now know...