Reasons to be profitable contest

Mike Michalowiczprofit First Book



Third place


Lucky Draw

$500 50

Relay and Profit FirstA contest by Relay—business banking that gives you complete cash flow clarity. Hosted by Mike Michalowicz, Author of Profit First.

Two steps to enter,
multiple ways to win

First, enter Relay’s Lucky Draw. Next—if you want a chance to win even more—apply to win the Grand Prize by completing Step Two. Submit your entry by November 12, 2023, 11:59 p.m. Eastern Time.


Enter the Lucky Draw

We’re giving away $500 to 50 lucky businesses! Sign up below to get +1 ticket. You can increase your odds (and get more tickets) by sharing your #ReasonsToBeProfitable on social media, and by opening a Relay account.

+1 Lucky Draw Ticket

Enter the draw

+5 Lucky Draw Tickets

Share your story on social using hashtag #ReasonsToBeProfitable and tag @bankwithrelay

+5 Lucky Draw Tickets

Open your Relay account


Compete for the Grand Prize

The Grand Prize winner will be selected by a panel of judges. To get a shot at the $50k or the runner-up prizes, complete all of the application steps below.

The judges will weigh each submission and business based on the following: Storytelling, Impact, Grit, Innovation, Financial Lessons, Future Plans, and Reasons To Be Profitable.

You will also need to open a Relay account (or already have one).

Enter today

*For alternative methods of entry, please see our Terms & Conditions

The cash-flowing prizes

Winners will get cash (+ extras) they can put to work right away—bringing them closer to making their why a reality. Winners will be announced in December, 2023.

$50,000 Grand prize

In addition to the cash prize, the winner will get:

  • 1 year in “The Legacy League” to rub shoulders with the best under Mike Michalowicz's guidance
  • Mike’s Bookshelf: Get all of Mike’s books and dive deep into the world of profitability
  • Tiny Business, Big Money by Elaine Pofeldt
  • The Bad Bitch Business Bible by Lisa Carmen Wang
  • Profit First coaching from a Certified Profit First Professional with experience in your industry 
  • 1 year of a Relay Pro subscription, paid by Relay
  • Relay swag to flaunt your success
  • A trophy to remind you of your winning reason

$15,000 Silver Spotlight

On top of the cash, you’ll also receive:

  • All of Mike’s books. (Knowledge is power, and Mike's got plenty to share.)
  • Elaine Pofeldt and Lisa Carmen Wang’s books
  • Relay swag to let others know you’re in the club

$10,000 Bronze Bonanza

  • All nine (9) of Mike’s books
  • Elaine Pofeldt and Lisa Carmen Wang’s books
  • Relay swag to show off your money mastery

$500 x 50 Lucky Draw

Feeling lucky? You might just snag it!

How to win $50,000

Grand Prize entries will be evaluated in a blind judging process. Here’s how to make your application stand out.

  • Share your story

    What does your business do, and how did it start? Stay authentic and be detailed.

  • Speak to your
    your impact

    What impact are you creating for your customers and clients, your community or your loved ones?

  • Tell us about
    your resilience

    What’s a major challenge your business has experienced in the past year and how did you overcome it?

  • Explain how you’re

    What are the tools, methods, mindsets, technologies, strategies are helping you succeed?

  • Impart your
    financial lessons

    What financial lessons or advice would you tell your former self?

  • Open a Relay account

    To be eligible for the Grand Prize, open a Relay account, it's free to apply! This required step will help us verify your entry. (Already have one? Great, you’re ahead!)

Enter now

To enter the contest, start by submitting the form below. You will receive a confirmation email shortly after.

It's more than a contest

You'll Join the
100K Profit Club too

We’re building a community of 100,000 permanently profitable businesses—the 100K Profit Club. The contest marks the kick-off of the club, and by entering you’ll be a founding member. We have a lot more planned, so check out what’s coming next.

Learn about 100K Profit Club

The Judges

No contest is complete without a panel of judges with a wealth of experience, insight, and passion for entrepreneurship. Let's get to know them.

  • Brian Thompson,[object Object]

    Brian ThompsonJD, CFP


    Entrepreneur, tax attorney, and Forbes Senior Contributor, Brian is a champion of mission-driven businesses.

  • Ron Saharyan

    Ron Saharyan


    Co-Founder of Profit First Professionals, Ron brings a wealth of hands-on business advisory experience.

  • Lisa Carmen Wang

    Lisa Carmen Wang


    4-time National Champion gymnast turned entrepreneur, Lisa knows grit as the Founder of Bad Bitch Empire.

  • Mike Michalowicz

    Mike Michalowicz


    The Author of Profit First and other game-changing books, Mike has transformed the lives of countless entrepreneurs.

  • Elaine Pofeldt

    Elaine Pofeldt


    Author and business journalist with insights to share, Elaine has written for FORTUNE, Money, CNBC, Inc., Forbes, and more.

Brought to you by

An online banking and money management platform that puts you in complete control of your cash flow. With no account fees, up to 20 individual checking accounts, savings accounts that earn you 1%-3% APY1 and detailed transaction data, Relay is business banking that truly keeps you on the money.

A bestselling author who has changed the lives of countless business owners thanks to the simple and deeply powerful Profit First method. The author of Profit First, Clockwork, The Pumpkin Plan, Fix This Next, Surge... and many more. Mike has reshaped how businesses approach profitability and growth.