Too Broke for Bankruptcy: How Michael Hyatt Rebuilt Success Without Sacrificing His Life | E80

After the crash of his company, Michael Hyatt was determined to rise again. Returning to his old publishing firm, he took on a failing division and turned it into the most profitable. His hard work paid off with a massive bonus check. But when he rushed home to celebrate, his wife was in tears. He had put his all in at work, at the cost of his family. That moment changed everything. Instead of choosing between work and life, he found a way to win at both. Now, through Full Focus, he helps others do the same. In this episode, Michael joins Ilana to share how he rebuilt after failure, set healthy work boundaries, and redefined success to thrive in work and life.

Michael Hyatt is a bestselling author, leadership expert, and founder of Full Focus, helping leaders succeed without sacrificing their personal lives. Through his books and coaching, he helps high achievers lead with vision, set boundaries, and create lasting impact.

In this episode, Ilana and Michael will discuss:

(00:00) Introduction 

(01:49) How Philosophy Shaped His Business Mindset

(03:21) Why His Fast-Growing Company Crashed

(06:40) The Key to Overcoming Business Failure

(11:44) Succeeding at Work, Losing at Home

(14:49) Balancing Family, Work, and Life’s Demands

(23:36) Rest as the Key to Peak Performance

(28:24) The Power of Peer Support in Leadership

(31:07) Becoming CEO and Navigating Crisis

(36:43) From CEO to Building a Personal Brand

(42:39) Why Retirement Was Never an Option

(43:58) Building a Personal Brand That Lasts

(46:42) Finding Purpose Beyond Work

(49:46) Creating a Legacy That Matters

(52:07) Overcoming Personal Challenges and Trauma

(54:27) The Importance of Therapy and Seeking Help

Michael Hyatt is a bestselling author, leadership expert, and founder of Full Focus, helping leaders succeed without sacrificing their personal lives. As former CEO of Thomas Nelson, he led its turnaround and acquisition by HarperCollins. Realizing success shouldn’t come at the cost of family, he developed the Double Win philosophy, proving you don’t have to choose between work and life. Through his books and coaching, he helps high achievers lead with vision, set boundaries, and create lasting impact.

Connect with Michael:

Michael’s Website: https://fullfocus.co 

Michael’s LinkedIn: linkedin.com/in/michaelhyatt 

Resources Mentioned:

Michael’s Book, Free to Focus: A Total Productivity System to Achieve More by Doing Less: https://www.amazon.com/Free-Focus-Productivity-System-Achieve-ebook/dp/B07F3DM7C1 

Michael’s Book, Platform: Get Noticed in a Noisy World: https://www.amazon.com/Platform-Get-Noticed-Noisy-World/dp/140023803X 

The Power of Full Engagement: Managing Energy, Not Time, Is the Key to High Performance and Personal Renewal by Jim Loehr: https://www.amazon.com/Power-Full-Engagement-Managing-Performance/dp/0743226755 

Leap Academy:

Ready to make the LEAP in your career? There is a NEW way for professionals to Advance Their Careers & Make 5-6 figures of EXTRA INCOME in Record Time.

Check out our free training today at leapacademy.com/training