Ep. 90 | Eradicating Entrepreneurial Poverty with Mike Michalowicz
The latest Academy episode features Mike Michalowicz \u2014 author of several books, including Profit First, Surge and The Pumpkin Plan.
By his 35th birthday, Mike had founded and sold two multi-million dollar companies. Confident that he had the formula to success, he became an angel investor\u2026and proceeded to lose his entire fortune.
Then he started all over again, driven to find better ways to grow healthy, strong companies. Among other innovative strategies, Mike created the \u201cProfit First Formula\u201d, a way for businesses to ensure profitability from their very next deposit forward.
Mike is now running his third million dollar venture, is a former small business columnist for The Wall Street Journal; is the former MSNBC business make-over expert; is a popular keynote speaker on innovative entrepreneurial topics; and is the author of Profit First, Surge, The Pumpkin Plan and The Toilet Paper Entrepreneur, which BusinessWeek deemed \u201cthe entrepreneur\u2019s cult classic.\u201d
During this episode with Mike, you\u2019ll discover:
- Mike\u2019s mission to eradicate entrepreneurial poverty
- Why entrepreneurship is not the highlight reel you see
- People grossly underestimate the time and effort to success
- How to identify common trends in an industry
- Why not knowing your purpose is normal (and how to find it)
- Asking the right questions to find your alignment
- Why your purpose will evolve over time and growth
- Identifying what mentally stimulates you is crucial
- Transitioning from doing everything to delegation
- Defining the \u201cI can\u201d syndrome in business
- How Mike defines a modern entrepreneur
...and so much more to level up your mindset around purpose, passion, business and growth.
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