Profit or growth, which comes first?

Unpopular opinion piece on Growth:

Mike Michalowicz's book Profit First https://www.amazon.com/Profit-First-Transform-Cash-Eating-Money-Making-ebook/dp/B01HCGYTH4 argues that profit and growth go hand in hand. Instead of growing the revenue at all costs, he proposes growing profits and the owner to pay themselves.

Specifically:

1. on receiving money, put that money in the income account
2. twice a month on select days, move the money from the income account to the following accounts allocated via %

• Profit
• Owner's Pay
• Tax
• Operating expenses
  More details here https://i1.wp.com/readingraphics.com/wp-content/uploads/2019/03/Profit-First_implementation.png?w=1077&ssl=1

This differs to the popular conception of the owner not taking a salary or distributions from the company, which leads to increased spending and burnout . The proponents for the grow-revenue-at-all-costs argues more money invested => growth.
Mike counters that with saying there's more money to be made in increasing operational efficiency, rather than chasing growth.

How it applies to IH: The community here seems more growth-focused than profit-focused, yet the book was recommended by a IndieHacker.

Please comment below with your take.