Although people refer to Patrick Colletti as a founder, he really prefers the term “refounder” when he describes his role in Net Health’s transformation. He was still fairly new with the company when he discovered that it was in trouble and on the brink of failure. As a last-ditch effort, the board of directors asked Patrick and another colleague if they wanted to have a go at turning the business around. The details of this story are highlighted in Patrick’s new book called "Refounder: how transformational leaders take what’s broken and make it better." In this episode, we talk about the “refounding principles” highlighted in the book, as well as what everyday people can do to apply these turnaround concepts in their personal lives and businesses.