Financial knowledge is crucial for making better decisions, understanding company performance, and investing in the right areas.

By prioritizing speed and quality, businesses can make better decisions and adapt quickly to changing circumstances.

Michael discusses pricing strategies for business success.

Marketing occurs on a smaller scale for short-term wins, while branding occurs on a larger scale as the company’s overall identity.

Having a clear goal of what you’re trying to build before selecting tools for it.

In the digital age, distribution has become less tangible but remains crucial for businesses to succeed.

Focus on marketing, sales, production, and your team to build a successful business.

The importance of creating long-term plans in business.

Create a culture where people feel comfortable openly admitting mistakes they have made rather than hiding them.

Michael outlines the steps of the buy-in process and it’s importance in life and business.

The importance to understand what people find valuable in order to succeed in business and life.

The importance of finding what are the constraints within your company that can hinder team workflow and overall performance.