The Michael Cheney Show

I Lost Half a Million Dollars in One Day


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• Michael Cheney, an entrepreneur who earned over 10 million online, shared the story of losing half a million dollars in a day due to technical issues in his business.

• He created a system that allowed customers to try out his product for $1 with an upsell option.

• To get the one-click upsell system working he had to set up a US business, hire accountants and attorneys, and work with suppliers who spoke a language that he didn't understand.

• The launch was chaotic and resulted in numerous customer complaints - leading him to take time off from business activities for six months.

• Don't chase money, chase delivering value.

• Don't jump on new opportunities just because they exist; only do them if they fit into your existing business model and system.

• Know enough to be dangerous in all aspects of your business.

• Use the ATM (At This Moment) mindset to make decisions; don't quit, cry into beer, or have tantrums for weeks or months.

If you want to know more about Michael Cheney, you may reach out to him at:

  • Website: https://growfast.biz/
  • Youtube Page: https://www.youtube.com/michaelcheney
  • Facebook Quantun Level Group: https://www.facebook.com/groups/quantumlevel
  • Email: [email protected]

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The Michael Cheney ShowBy Michael Cheney