kylen said:
This is exactly why I said earlier that Glen gave us 3 years worth of free advice - it's so subtle and easy to miss. EQ both before and after compression - but before only if you are 'fixing' something. The only 2 repairs I like to do right now before compression (always learning so this can change) are hum notching and gently adjusting the slope of the audio (wide bandwidths). In other words if the general slope is a little bass heavy (2db/octave) or treble heavy (5db/octave) I'll throw a shelf or 2 on there to get the slope I like before the compressor. Then put the 'sweetening' EQ on post compressor (as Glen calls it). Fix - Compress - Sweeten (just like a good cup of coffee)
For some of you guys with great recording skills there won't be a need for 'Fix'. I rebalance old tapes so by definition I'm always fixing...
In an ideal world it would be "Record - Do Nothing - Do Nothing - Do Nothing"

.
One thing I'd like to amplify on that point is that (in my style, anyway) all three steps are
entirely optional and, with a little skill and a lot of luck in the tracking and early mixing phases, the amount of any compression or EQ needed in the final mixing stages will approach zero. Then again if we lived in a perfect world, every kernal of Paul Newman popcorn would pop into the shape of Paul Newman.

So some easy EQ and compression is called for more times than we'd like. So,
if you need to do the EQ and compression dance, that's the order that I'd recommend most of the time. It might be that you don't need the first EQ, or maybe even the compression, or whatever. But just don't take the fix-compress-sweeten thing as a green light to automatically do all three.
Also note the implication the "fix" EQing done before compression is 99.9% of the time in the form of cuts or notches and not boosts. As acorec rightly pointed out, boosts are best left for post-compression.
It's amazing how often folks forget that EQ's, like guitar amplifiers, go down as well as up. And they both usually sound better that way too
G.