By his 35th birthday MIKE MICHALOWICZ (pronounced mi-‘kal-o-wits) had founded and sold two multi-million dollar companies. Confident that he had the formula to success, he became an angel investor… and 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 “Profit First Formula”, 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, The Pumpkin Plan and The Toilet Paper Entrepreneur, which BusinessWeek deemed “the entrepreneur’s cult classic.”
Mike’s Most Humbling Moment: After losing his fortune, Mike’s 9 year old daughter offered her piggy bank savings to support the family.
He is a recipient of the SBA’s Young Entrepreneur of The Year Award – and a (marginally) good guitar player.
Despite the fact that he would rather get a beer than take a final exam, Mike is a graduate of Inc. & MIT’s Birthing of Giants Entrepreneurial Program and is a guest speaker at Harvard, Princeton, eBay, SBA and organizations throughout the world.
His Wikipedia page is the only place you can find his real age. He is not really 78 years old, like he says.