Capability Amplifier

Today you’re going to be given a ONCE in a lifetime opportunity. Something Mike has never done before and won’t be doing again anytime soon.

Mike is talking with the one and only, Jay Abraham.

Over the course of his career, Jay has had access to over a thousand industries, 7,000 sub industries and generated over a hundred billion dollars worth of growth for his businesses and his clients' businesses.

He has this uncanny ability to see hidden and untapped potential in every business, and if Mike had one word to describe him, it would be maximized.

But what would you do if you had Jay's brain for a full day?

How could you use his brain, with all of his experience, to either invent a business, craft a marketing message or maximize profit in the business you already have?

Mike speaks to a lot of founders and business owners, and most of them say they've reached a point where they'd like to get out of their current business. Either they've outgrown it or they're looking for their third or fourth act.

One of the best things that those founders can do is either find a way to reposition their business so they can sell it for a lot more money, or they want to create something that involves a platform and work ON the business rather than IN it, so they can have a new level of freedom.

Today, Jay and Mike are actually going to invent an offer to kickstart a business like that, where you get Jay's brain and THE OFFER IS REAL.

You'll see them create it in real time. The perfect offer for the founder who wants to reinvent.

If that’s you and you’re an action taker, let’s get started.

Key Takeaways

• Mike tells us about one of his first marketing launches that produced one million dollars in 43 minutes! (04:53)
• Jay talks about what it’s like to work with him as an advisor (09:56)
• Jay gives us an example of a company he worked with that could have 10x’d their bottom line without increasing their top line (12:35)
• Mike talks about his team of “WHO’S” that will help any business succeed asap (16:33)
• Mike goes into detail about the offer and what you’ll get as a client if you qualify (57:22)

Additional Resources

• Apply to work with Mike and Jay: www.PaidForLife.com/Exp

Have you ever lost someone you loved from a disease or illness?

What would you give to have been able to detect or prevent it?

According to the CDC, heart disease, cancer, and strokes killed 1,666,780 people in 2021 alone.

If you or someone you love is over 40, there’s a 65% chance that one of you has a life threatening disease you don’t yet know about.

But what if you could detect illnesses before you became symptomatic or it was too late?

This week, Mike is talking to Steve Marler, and his technology could save your life or a loved one’s life.

Over the past 11 years, Steve’s company, Advanced Body Scan has scanned over 65,000 people and saved countless lives.

There are no needles, no dyes, and no invasive procedures. It's completely painless. You lay down on a comfortable bed for four minutes and a board-certified radiologist reviews your scan.

If something shows up, the medical team talks to you immediately and makes direct introductions to doctors in their database.

No more sitting around, waiting for weeks or months to get the treatment you need. As a cancer survivor, Mike knows exactly how frustrating this can be.

Steve lost his mom to breast cancer several years ago and suffered incredible guilt wishing he could have done more. “I wouldn't wish that on anyone. There's nothing worse than watching someone you love dying,” says Steve.

That’s why he founded Advanced Body Scan. He wants to stop this from happening to anyone else.

Key Takeaways

• How and why Steve started Advance Body Scan (03:01)
• What a scan can detect and how it works (06:54)
• Mike's Cancer story and what could have happened (11:33)
• Bringing a Mastermind Group to an Advanced Body Scan Facility (30:54)
• How a body scan saved the lives of an asymptomatic husband and wife (31:44)

Additional Resources

• Learn how to get your Body Scan here: https://health.advancedbodyscan.com/life
• Learn more about Advanced Body Scan: https://advancedbodyscan.com/
• Contact Mike through www.CapabilityAmplifier.com to discuss doing a group or Mastermind trip to Advanced Body Scan
• Learn how to work with Mike: https://www.mikekoenigs.com/super-power-accelerator/

Have you ever considered selling your business?

Can you imagine yourself walking away with a BIG paycheck?

If so, today’s episode is the right one for you.

Mike has sold five businesses, and his special guest, Joey Osborne, just had a successful EXIT a few months ago.

Joey actually walked away with an eight-figure paycheck, after being acquired by a private equity firm.

Today, they'll be discussing the five MOST IMPORTANT things that any business owner needs to know to get acquired.

What You’ll Learn in This Episode

• How to position your business 
• How to become attractive
• The importance of mindset and preparation
• Their biggest mistakes and life lessons related to exiting a business

Don’t miss this one! They don’t ramble about spreadsheet data and ratios.

They cover the PRACTICAL, non-average, and non-obvious things around selling your business.

Mike knows you’ll find it super valuable, so click play and let’s dive in!

Key Takeaways

• “The Big Reward Was Worth the Grind”: Joey’s Backstory (04:23)
• Why Did You Start to Consider Selling Your Business? (18:20)
• First Offer Gone Wrong and Lessons Learned (21:40)
• Build a Financial Fortress Around Your Family (30:19)
• The 5 Most Important Principles in Preparation for an Acquisition (36:56)

What happens when someone tells you something that defies your perspective?

Can you learn and still politely disagree, or do you feel uncomfortable or upset? 

Do you take what’s good and discard the rest?

Mike and Dan have learned that points of view are just that, “points of view,” and that their brains are richer on any topic if they get a lot of different points of view about those topics.

If you are talking to 20 people, there will be 20 different points of view, and each of them will add to your understanding of the overall situation.

What you get out of this practice are collaborative truths, the wisest truths.

It’s also interesting, fun, and civil. So, are you ready to achieve greater wisdom?

Listen to Mike and Dan sharing their points of view regarding The Great Lockdown, artificial intelligence-powered governments, automation killing white-collar jobs, and more.

Key Takeaways

• Mike & Dan explain the background of this episode’s structure (00:00)
• Dan’s dual citizenship and how it adds value to his perspective (09:33)
• A perfect opportunity to create a crisis and gain power (16:03)
• The truck drivers’ movement and the symbolism behind (29:02)
• Mike’s main takeaways from the discussion (59:44)
• Collaborative truths are the wisest (01:12:44)

Additional Resources

• Join us at PaidForLife.com/Mastermind 
• Learn more about Mike
• Apply to work with Mike

“Capability Amplifier” is a weekly podcast on all-things entrepreneurship, brought to you by Mike Koenigs and Dan Sullivan.

Mike and his friend Brad Costanzo talk about their main crypto secrets. 

Brad Costanzo is an incredibly brilliant trader, marketer, serial entrepreneur, and host of the Bacon Wrapped Business podcast.

Mike and Brad talk about their portfolios and go through many interesting aspects of the current crypto landscape, including:

• What to buy
• Altcoins
• How to safely store cryptocurrency
• Staking
• Crypto & taxes
• And more…

They even cover how the war between Russia and Ukraine and other global events (like Switzerland screwing its brand for life) are related to crypto.

It doesn’t matter if you consider yourself more an investor than a trader or know too little about crypto; this is a conversation you shouldn’t miss. We want to see you there! 

So, please click the play button, and we’ll talk on the other side.

Key Takeaways

• Mike & Brad talk about their portfolios and other trending coins (4:18)
• How to replace traditional banking (15:00)
• Altcoins and the LUNA ecosystem (17:27)
• Exodus Wallet and the weaponization of money (23:51)
• Staking in DeFi and earning interest (42:02)
• Crypto is a new form of trust (50:59)

Additional Resources

• Watch the video version of this episode - https://youtu.be/9oONTVvF2Pc
• Check out Brad’s podcast - www.baconwrappedbusiness.com/ 
• Join us at PaidForLife.com/mastermind
• Text the word CRYPTO to (855) 9553 958 and get your bonuses
• The best crypto trading bots - www.PaidForLife.com/MyBots
• Learn more about Mike
• Apply to work with Mike

“Capability Amplifier” is a weekly podcast on all-things entrepreneurship, brought to you by Mike Koenigs and Dan Sullivan.

For more episodes, follow us on your favorite podcast app!

Want a FREE Masterclass on Mike Chu’s Retention System for Generating an Extra $100K in Hidden Back-End Revenue? Get access here: champdev.com/free

In this episode, Mike joins Michael Chu to discuss how you can grow and scale any coaching business without it depending on you.

Michael Chu started practicing martial arts at age three. He didn’t know it then, but the discipline learned in sports would help him stick to something he wasn’t good at when he started: sales.

He decided to keep pushing beyond his initial shyness and became a great salesman. After applying that same discipline, the time came when Michael got to train and develop sales teams into seven-figure sales machines and also started businesses of his own.

When he got into the coaching business, he realized that even though his company could grow a lot, the mainstream approach to growth was not what he wanted. Michael wanted the business to grow independent of him, even at scale. 

He had to challenge many things that he had learned from mentors and experience. Still, he eventually found an eight-principle system that could grow his coaching business (and any other) into a multiple-figure business without requiring the owner to be fully involved.

Today we are going to break down for you this exact system. Do you want it?

Key Takeaways

• How Michael got into business and coaching (03:44)
• Glass ceilings can make your business feel like a rollercoaster (08:19)
• How the Harvard Effect works (12:27)
• You don’t have to be “the pushy salesperson” to grow to the next level (28:37)
• The real work starts after the sale is made (38:56)
• “I realized that my business needed to change to become scalable” (44:37)

Additional Resources

• Learn more about Mike
• Apply to work with Mike

“Capability Amplifier” is a weekly podcast on all-things entrepreneurship, brought to you by Mike Koenigs and Dan Sullivan.

For more episodes, follow us on your favorite podcast app!

In this episode, Mike gets together with Dan to discuss his main habits, routines, and life hacks.

Dan Sullivan, this podcast’s co-host, is a clear example of success both in his personal and business life.

We know Dan. He is the founder and president of The Strategic Coach Inc., a visionary, innovator, and gifted conceptual thinker. He has over 40 years of experience as a speaker, consultant, strategic planner, and coach to entrepreneurial individuals and groups.

Mike thinks that everyone would want the grid of thinking of how Dan makes yes, no, and collaboration decisions and a deeper (and more personal) understanding of which of these decisions have shaped his life the most.

We’ll focus on the decisions that became habits and now are a part of his days and weeks.

Be prepared to learn about his sleeping techniques, technology gadgets, creative planning, team leadership, and more.

So, now that everything has been said let’s get started!

Key Takeaways

• Dan talks about his typical week (02:23)
• How to record and organize ideas (05:06)
• How Dan counteracts the negative effects of screen time (09:15)
• Mike & Dan discuss their approach to learning (34:07)
• Rules for leadership and team management (48:17)

Additional Resources

• Learn more about Mike
• Apply to work with Mike

“Capability Amplifier” is a weekly podcast on all-things entrepreneurship, brought to you by Mike Koenigs and Dan Sullivan.

For more episodes, follow us on your favorite podcast app!

In today’s episode, Mike joins Justin Breen to discuss his powerful storytelling system, the four key things that all great entrepreneurs use to make their stories awesome.

Every person is born with a gift. Justin admits he can’t fix a laundry machine to save his life, but there are other things he can do exceptionally well. 

He can listen to a story, easily capture what matters, simplify it, and grab a hook that will make all the difference in the reader’s mind. The basics of his storytelling gift came naturally to him. Still, Justin polished and perfected his ability working as a journalist, writing two to three stories on deadline every day for 20 years.

Today, he is the founder and CEO of BrEpic Communications LLC, a public relations firm that works exclusively with visionaries and exceptional businesses worldwide. Justin helps visionary entrepreneurs get their message out to the world and get media attention, which results in more clicks, visibility, and revenue.

We’ll cover what he does and how he does it so you can get started as well. You are one connection away, one relationship away from having or doing anything you want. But one thing you need is a great story, a great way to hook someone and get the world to understand who you are and why they should know you.

If this episode sounds interesting, click play NOW and get the full details!

Key Takeaways

• How did Justin get introduced to storytelling media? (01:36)
• Justin revealed something to Mike that changed how he markets (05:08)
• Demonstrating Justin’s genius LIVE (19:20)
• Pitching Mosquito Authority in Justin’s language (33:32)
• The secret to creating your own luck (44:52)

Additional Resources

• Learn more about Mike
• Apply to work with Mike
• Visit Justin Breen’s company website

“Capability Amplifier” is a weekly podcast on all-things entrepreneurship, brought to you by Mike Koenigs and Dan Sullivan.

For more episodes, follow us on your favorite podcast app!

In today’s episode, Dan and Mike discuss the birth of a new internal program to Strategic Coach and how it can literally help you get the one thing that money can’t buy: an extended life.

Just think about this simple question… 

“How long will I live?”

83? 95? 107? 

It doesn’t matter which number came to your mind.

Why? Because most likely, your parents and other people in your inner circle programmed this into you many years ago.

Listen to this: You can live way longer!

We have heard and said a lot about how your thoughts and desires influence what you get and experience, right?

Well, if you believe that, and are willing to invest in your health and wellbeing, this mindset framework, The Lifetime Extender, is a concept that will blow your mind.

Please tune in to this episode and get the full details!

Key Takeaways

• Origins of the “Lifetime Extender” Mindset (01:11)
• Mike’s Testimony About This Thinking Tool (03:47)
• Steve Jobs’ Story & the One Thing That Money Can’t Buy (16:39)
• The Importance of Sharing This Within a Community (21:46)
• The Perspective of Life That We All Need (34:06)

Additional Resources

• Learn more about Mike
• Apply to work with Mike
• Claim your FREE copy of My Plan for Living to 156

“Capability Amplifier” is a weekly podcast on all-things entrepreneurship, brought to you by Mike Koenigs and Dan Sullivan.

For more episodes, be sure to follow us on your favorite podcast app!

You know how hard it is to grow, build and scale your business. 
Most of your net worth is tied up in your business and at risk.

Welcome to the entrepreneurial roller coaster!

What if you could
“buy money at a discount” (with no risk)
10x your revenue, 
and buy your company so you can “take money off the table” and get liquid and still keep and remain in control of your business?

If that sounds completely impossible and counter-intuitive, welcome to the most interesting growth and exit strategy Mike has seen—and meet the guy who came up with this model.

Mike is going to repeat that last big idea: What if you could get a stack of cash by buying your business from yourself with someone else's money?

Mike's guest on today’s episode, Coran Woodmass, has a unique combination of skills allowing him to create growth and exit strategies that Mike has never seen before, in a system he calls Billion Dollar Exits.

It’s a unique way of pairing business owners with money and finding ways to multiply the value of a business with a series of strategies that he calls “Value Multipliers.” 

Something Mike loves about his strategies is he creates a situation for you as a business owner to have multiple exits. One by buying your company with debt. Then one or two more with one or two subsequent buyers. Genius.

According to Coran, “I’ve always been fascinated with billionaires. What it took to become one, how big businesses were built and sold… even as a kid. It might sound strange, but it’s true.”

Nine years ago, Coran and his wife, Leanne, decided they wanted to travel the world, so they left their corporate jobs behind and started buying, building and selling online businesses. Online businesses are location independent, allowing them to travel full-time.

Coran approaches life challenges with a broad perspective. Like a chess master, he sees patterns that others do not, and he is able to partner and negotiate on behalf of his clients. He’s always thinking “How else can we do this while reducing risk and getting multiples?” 

It hasn't been all sunshine and rainbows. Coran and Leanne have been through the pain he calls “An eight figure debacle.” They found a great business to sell and the right-fit buyer. Everything was set. Three days before closing, the buyer called and said, “We need to renegotiate the deal.” There was nothing wrong with the business. The buyer had an issue and it was completely out of their control. 

This is very typical. Mike knows because it’s happened to him multiple times. Buyers frequently push sellers to jump through all kinds of hoops before a deal closes. The business owner takes their eyes off sales, growth and scaling during due diligence. Revenues drop. Then the buyer stalls and renegotiates. By then, the owner has already “spent the money” in their minds and winds up selling out of frustration or kills the deal.

The first time it happened to Mike, it cost $500,000. The second time cost him more than $2,000,000. The second time, Mike was better prepared, but it stings like hell.

For Coran, it was a horrific experience and something they never wanted to go through again. When the deal didn't close, Coran took it very personally and it led him on a quest. Four years and over half a million dollars later, he’s figured out EXACTLY what causes big dollar deals to close. (And how they can model billion dollar exits for small businesses as well.)

A few years ago Coran had a client that was thinking about preparing for an eventual sale of their business and how to get the maximum value out of the deal. They were already really good at what they did operationally so they thought, “what if we start acquiring smaller brands and growing for an eventual acquisition?” 

Knowing what a big undertaking this was going to be, Coran made sure that they were prepared for the challenge. They jumped in with both feet. Coran raised $55 million dollars in debt to acquire several smaller brands and 3 months later they’re well on their way to $100 million in revenue.

Read this closely: they grew from $10,000,000 to almost $100,000,000 in 3.5 months…with someone else's money buying several companies.

It gets even better than that. With the remainder of the money, they bought their own company without giving up equity or control. Call that “exit #1” - putting a few million in the bank. Now they will repeat the process until they’re ready to be acquired.

Obviously there’s lots of nuance to how the deal is put together, but the bottom line is that Coran has figured out a process and a system to make BIG things happen for their clients quickly (allowing them to live the lifestyle of their dreams) using OTHER people’s money.

Mike wishes he would have met Coran a decade or two ago when he was growing his businesses. Mike could have 10x what he had built and put some cash in the bank instead of bearing the stress and anxiety of having his entire net worth tied up in his business for a decade.

Bottom line is if you have a real business, the right mindset and are coachable… Coran can help you grow and exit your business.

Listen to Mike's entire conversation with Coran and find out how to work with him and leverage the Billion Dollar Exits methodology at www.BillionDollarExits.com or email him at [email protected]. Coran is giving away a detailed training that walks you step by step through the mindsets and the value multipliers.