The Work From Home Show S1Ep21: How to Start a $100 Million Business From Your Spare Bedroom with Mitch Russo
No office? No problem! Adam and Naresh talk with Mitch Russo, CEO of Mindful Guidance, about how he started his virtual businesses first from his garage and then his spare bedroom. Mitch also explains the importance of systems and how vital it is that, even if your business can't go 100% virtual, you figure out what aspects of your company can be outsourced from the office. Mitch also dives into what the future of employment looks like in regard to the W-2 vs 1099 job status.
Mitch Russo is the CEO of Mindful Guidance, the former CEO of Business Breakthroughs International, working alongside Chet Holmes and Tony Robbins to build a $25 million business from his spare bedroom. He co-founded his first business Timeslips Corp from his garage, which grew to become the largest time tracking software company in the world. In 1994, Timeslips Corp was sold to Sage for eight-figures. While at Sage, Mitch went on to run all of Sage U.S. as Chief Operating Officer, a division with 300 people with a market cap in excess of $100M. Mitch was nominated for Inc. Magazine's "Entrepreneur of the Year" on two separate occasions, 1989 and 1991 and Won "Best Entrepreneur" in 1989, from a list of 4,000 other entries by The National Association of Legal Vendors. He is the author of The Invisible Organization: How Ingenious CEOs Are Creating Thriving, Virtual Companies.
Website:
www.TheInvisibleOrganization.com
Featured Photo by Marius Ciocirlan on Unsplash