Entrepreneurs are known for their hustle and commitment to "the grind". Due to the tremendous amount of work on their plate, they tend to work all the time and never really stop. Many people exchanged working 40 hours a week at a reliable job to working 70 hours per week on their own business. Not only are the prolonged hours an issue, but the stresses of owning a business can take a toll on many people. Why are so many people living in what our guest calls "entrepreneurial poverty"? Is there a way to escape it?
Our guest for today is Mike Michalowicz who is the author of Profit First, Surge, The Pumpkin Plan, and Clockwork. By his 35th birthday, Mike had founded and sold two companies, one to private equity and another to a Fortune 500 firm. Today, he is running his third multi-million dollar venture, Profit First Professionals. He is also a former small business columnist for The Wall Street Journal and the former business makeover specialist on MSNBC.
Today we are going to discuss...
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