Episode 99: Helping Entrepreneurs Live a Life of Joy with Mike Michalowicz

<p><i><strong>For Episode 99 of the Wealth On Any Income Podcast, Rennie is joined by Mike Michalowicz. Mike is the author of Profit First: Transform Your Business from a Cash-Eating Monster to a Money-Making Machine and three other books including The Toilet Paper Entrepreneur. </strong></i></p><p>Mike is also a former columnist for the Wall St Journal, a TEDx speaker and popular keynote speaker. His columns have appeared in Entrepeneur and the Harvard Business Review.</p><p><strong>In this episode, Rennie and Mike cover:</strong></p><p>01:40 What Mike’s passion is and why knowing who the best teacher is in the room helped to clarify it for him.</p><p>02:47 How becoming masterful on a subject is needed to share it effectively.</p><p>03:32 Mike’s favorite charity, Kiva, and how it works to help those around the globe to start new businesses and also how he has been recently supporting people in Lviv, Ukraine.</p><p>04:47 Micro Enterprises – and how that differs from a small business by definition and why this is Mike’s target market.</p><p>06:06 Mike’s mission to help these micro-enterprise entrepreneurs live a life of joy.</p><p>06:43 How Mike enters into partnerships with great educators so that the messages in the books he has written can be shared widely and effectively.</p><p>08:23 What Mike admires about the author, Stephen King.</p><p>09:10 How Mike uses a team to create ideas and allow him to stay focused on where he is most effective.</p><p>11:18 Mike’s biggest failure and how the devastation of it resulted in a transformative moment that led to his becoming an author.</p><p>14:28 What free resources you can find by visiting Mike’s website <a href="http://mikemotorbike.com/" target="_blank">mikemotorbike.com</a> and why that is his website url.</p><p>15:50 Mike answers the question “If we want to transform our business, what do we do next?”</p><p><strong>To learn more about Mike and get his free resources visit </strong><a href="http://mikemotorbike.com/" target="_blank"><strong>mikemotorbike.com</strong