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From Rock Bottom to Purpose-Driven Author: Mike Michalowicz on True Success
In this powerful episode of Your Seat at the Table, hosts Mike Maddock and John Tobin sit down with best-selling author, entrepreneur, and business mentor Mike Michalowicz.
Mike opens up about his dramatic journey from a financially driven entrepreneur — complete with luxury cars and big ego — to losing everything during the 2008 financial crisis. He shares how hitting rock bottom led him to rediscover his true purpose: to eradicate entrepreneurial poverty.
You’ll hear candid stories of how his daughter tried to rescue him with her piggy bank, how he wrestled with shame and perfectionism, and how these experiences fueled his iconic books, including Profit First, The Pumpkin Plan, and Clockwork.
Mike Michalowicz is the author of multiple best-selling business books, including Profit First, The Pumpkin Plan, Fix This Next, and more. He is a sought-after speaker, mentor, and the creator of Profit First Professionals, an organization dedicated to helping entrepreneurs achieve financial health and freedom.
Mike Maddock is the founder of Flourish Advisory Boards, a public speaker, and a serial entrepreneur known for helping leaders transform big ideas into reality.
John Tobin is the co-founder and president of Slalom Consulting, a global consulting firm helping organizations tackle their most ambitious projects and build a culture of innovation and trust.
0:00 — Introduction and meeting Mike Michalowicz
3:00 — From starter to author: the evolution of Mike's career
8:00 — Hitting rock bottom and losing everything
15:00 — Discovering a new purpose: eradicating entrepreneurial poverty
21:00 — Writing Profit First and finding his calling
27:00 — Using books as powerful tools for service
33:00 — How identity shifts transform entrepreneurs and authors
41:00 — Money as a tool for good vs. ego-driven wealth
48:00 — Advice on writing impactful books and building community
55:00 — The ghost that drives Mike and how he keeps moving forward
Mike opens up about his dramatic journey from a financially driven entrepreneur — complete with luxury cars and big ego — to losing everything during the 2008 financial crisis. He shares how hitting rock bottom led him to rediscover his true purpose: to eradicate entrepreneurial poverty.
You’ll hear candid stories of how his daughter tried to rescue him with her piggy bank, how he wrestled with shame and perfectionism, and how these experiences fueled his iconic books, including Profit First, The Pumpkin Plan, and Clockwork.
"This episode contains some mild language."
About the guest:Mike Michalowicz is the author of multiple best-selling business books, including Profit First, The Pumpkin Plan, Fix This Next, and more. He is a sought-after speaker, mentor, and the creator of Profit First Professionals, an organization dedicated to helping entrepreneurs achieve financial health and freedom.
Mike Maddock is the founder of Flourish Advisory Boards, a public speaker, and a serial entrepreneur known for helping leaders transform big ideas into reality.
John Tobin is the co-founder and president of Slalom Consulting, a global consulting firm helping organizations tackle their most ambitious projects and build a culture of innovation and trust.
0:00 — Introduction and meeting Mike Michalowicz
3:00 — From starter to author: the evolution of Mike's career
8:00 — Hitting rock bottom and losing everything
15:00 — Discovering a new purpose: eradicating entrepreneurial poverty
21:00 — Writing Profit First and finding his calling
27:00 — Using books as powerful tools for service
33:00 — How identity shifts transform entrepreneurs and authors
41:00 — Money as a tool for good vs. ego-driven wealth
48:00 — Advice on writing impactful books and building community
55:00 — The ghost that drives Mike and how he keeps moving forward
🎙️ Enjoyed this conversation?
Subscribe to Your Seat at the Table for more candid discussions on leadership, growth, and the real stories behind the decisions that shape great organizations.
💬 We'd love to hear from you! Share your thoughts in the comments — or let us know what topics you'd like us to explore next.
👉 Subscribe: https://www.youtube.com/@YourSeatatTheTablePodcast
👉 Listen on Apple Podcasts & Spotify: https://podcasts.apple.com/podcast/id1826002539
https://open.spotify.com/show/0fDDb1gvrvsttm4nInRL8Y
👉 Connect with us:
https://www.linkedin.com/in/gmichaelmaddock/
https://www.linkedin.com/in/john-tobin-a54225/
https://flourishadvisoryboards.com/
https://www.mike-maddock.com/
Pull up a chair. There’s always room for your seat at the table.
View all episodes
By Mike Maddock & John TobinIn this powerful episode of Your Seat at the Table, hosts Mike Maddock and John Tobin sit down with best-selling author, entrepreneur, and business mentor Mike Michalowicz.
Mike opens up about his dramatic journey from a financially driven entrepreneur — complete with luxury cars and big ego — to losing everything during the 2008 financial crisis. He shares how hitting rock bottom led him to rediscover his true purpose: to eradicate entrepreneurial poverty.
You’ll hear candid stories of how his daughter tried to rescue him with her piggy bank, how he wrestled with shame and perfectionism, and how these experiences fueled his iconic books, including Profit First, The Pumpkin Plan, and Clockwork.
Mike Michalowicz is the author of multiple best-selling business books, including Profit First, The Pumpkin Plan, Fix This Next, and more. He is a sought-after speaker, mentor, and the creator of Profit First Professionals, an organization dedicated to helping entrepreneurs achieve financial health and freedom.
Mike Maddock is the founder of Flourish Advisory Boards, a public speaker, and a serial entrepreneur known for helping leaders transform big ideas into reality.
John Tobin is the co-founder and president of Slalom Consulting, a global consulting firm helping organizations tackle their most ambitious projects and build a culture of innovation and trust.
0:00 — Introduction and meeting Mike Michalowicz
3:00 — From starter to author: the evolution of Mike's career
8:00 — Hitting rock bottom and losing everything
15:00 — Discovering a new purpose: eradicating entrepreneurial poverty
21:00 — Writing Profit First and finding his calling
27:00 — Using books as powerful tools for service
33:00 — How identity shifts transform entrepreneurs and authors
41:00 — Money as a tool for good vs. ego-driven wealth
48:00 — Advice on writing impactful books and building community
55:00 — The ghost that drives Mike and how he keeps moving forward
Mike opens up about his dramatic journey from a financially driven entrepreneur — complete with luxury cars and big ego — to losing everything during the 2008 financial crisis. He shares how hitting rock bottom led him to rediscover his true purpose: to eradicate entrepreneurial poverty.
You’ll hear candid stories of how his daughter tried to rescue him with her piggy bank, how he wrestled with shame and perfectionism, and how these experiences fueled his iconic books, including Profit First, The Pumpkin Plan, and Clockwork.
"This episode contains some mild language."
About the guest:Mike Michalowicz is the author of multiple best-selling business books, including Profit First, The Pumpkin Plan, Fix This Next, and more. He is a sought-after speaker, mentor, and the creator of Profit First Professionals, an organization dedicated to helping entrepreneurs achieve financial health and freedom.
Mike Maddock is the founder of Flourish Advisory Boards, a public speaker, and a serial entrepreneur known for helping leaders transform big ideas into reality.
John Tobin is the co-founder and president of Slalom Consulting, a global consulting firm helping organizations tackle their most ambitious projects and build a culture of innovation and trust.
0:00 — Introduction and meeting Mike Michalowicz
3:00 — From starter to author: the evolution of Mike's career
8:00 — Hitting rock bottom and losing everything
15:00 — Discovering a new purpose: eradicating entrepreneurial poverty
21:00 — Writing Profit First and finding his calling
27:00 — Using books as powerful tools for service
33:00 — How identity shifts transform entrepreneurs and authors
41:00 — Money as a tool for good vs. ego-driven wealth
48:00 — Advice on writing impactful books and building community
55:00 — The ghost that drives Mike and how he keeps moving forward
🎙️ Enjoyed this conversation?
Subscribe to Your Seat at the Table for more candid discussions on leadership, growth, and the real stories behind the decisions that shape great organizations.
💬 We'd love to hear from you! Share your thoughts in the comments — or let us know what topics you'd like us to explore next.
👉 Subscribe: https://www.youtube.com/@YourSeatatTheTablePodcast
👉 Listen on Apple Podcasts & Spotify: https://podcasts.apple.com/podcast/id1826002539
https://open.spotify.com/show/0fDDb1gvrvsttm4nInRL8Y
👉 Connect with us:
https://www.linkedin.com/in/gmichaelmaddock/
https://www.linkedin.com/in/john-tobin-a54225/
https://flourishadvisoryboards.com/
https://www.mike-maddock.com/
Pull up a chair. There’s always room for your seat at the table.