SO many entrepreneurs really struggle with this same problem, over and over again. How Do You Know When You Need a Who That Isn't You?That’s the primary question Dan and Mike are going to answer in this episode.It’s all about really understanding what your upper limits or superpowers are, knowing when you're holding yourself back and when you need to find the right WHO. Today they'll explore this concept in detail. Mike gets Dan to do a total brain dump on the subject and they'll discuss what it actually takes to find great team members. They'll also give you a list of tools, for everyone who's in Strategic Coach, that will help you get past this hump; and it's an incentive if you're not a Strategic Coach member… now would be a really good time to learn a little bit more!Key TakeawaysDan explains why “Great New Who’s are Driven by Great New Goals.” (03:16)Mike talks about his personal test for everything as to whether he’s going to do something or not (04:30)It’s much easier to find the right who if you’re going for something way bigger than you’ve ever achieved before (16:43)Mike talks about how he got clear on what he wanted to do next after he sold his last business (19:36)The secret to building a successful coaching program (27:29)Additional ResourcesLearn more about Strategic Coach and download your free guides: https://www.strategiccoach.com/Apply to work with Mike: http://www.mrbz.com/funnel

Are You Ready to Create Infinite Leverage?Today, Mike has an extraordinary guest. His name is Tom Burns.Mike met Tom through an investment fund—one of the most brilliant deals he's ever been involved with.What’s the #1 secret the wealthiest people know?It’s not obvious, but it enables anyone to create infinite leverage with the least risk.They'll also talk about how to do your own deals.Becoming a principal and a sponsor for private equity may sound completely overwhelming… Until you learn more about it.The sky’s the limit when you learn how to put together people, deals, money, structure, and rules.PLUS you’ll learn how to use Tom’s Rich Life Leverage Matrix.This exercise enables you to think about deals and investment opportunities and define them to take the best course of action.Tom will also deconstruct five of his best deals, including the Lotus Fund, one of the most intelligent deals Mike has ever been involved in.Key TakeawaysWhat is the leverage matrix? (02:43)Why should we listen to Tom Burns? (06:11)How to get started with real estate investing (10:44)Lessons learned from dealing with the wrong people (19:34)How to create your own deals (37:42)Additional ResourcesLearn more about Tom and download his free goodies at Rich.Life - http://www.MrBz.com/RichLifeApply to work with Mike - http://www.MrBz.com/funnel

Today, Dan and Mike create "The Top 10 Capabilities and Mindsets of a Successful Entrepreneur" — ON THE FLY.These are things that EVERY entrepreneur should have or develop.For over 40 years, Dan has coached many successful “Strategic Coach” members, thus developing a huge library of tools, and he’s noticed that there are certain capabilities that get founders further and faster.Mike has been in this business for over 30 years, observed a lot of the same issues, and developed his own bag of tricks to help entrepreneurs get to their next level.Today, they'll let you in on exactly what those capabilities are so you can see where you’re at in your entrepreneurial journey, and what skills you still might need to develop.Top 10 Capabilities + Mindsets of Successful EntrepreneursClarity of identity (understanding that entrepreneurialism will be your life)The ability to monetize an idea / being able to create valueThe freedom “TO” versus the freedom “FROM” mindsetGiving up comparisonConstantly measuring progressNever be a victim to negative newsTaking massive action, experimentation and iterationKnowing how to take advantage of luckCreating, inventing and using new technologyLife outside of work is as energizing as it is insideKey TakeawaysDan starts off the top 10 list describing number one (02:01)Mike talks about the 2 new books he’s reading on geopolitics and economics (10:49)Mike and Dan talk about measuring success (11:52)Mike and Dan discuss why Elon Musk is so successful (21:53)Mike and Dan reveal the last 2 capabilities (41:15)Additional ResourcesLearn how to work with Mike: http://www.MrBz.com/funnel 

Today you’re going to be given a ONCE in a lifetime opportunity. Something Mike has never done before and won’t be doing again anytime soon.Mike is talking with the one and only, Jay Abraham.Over the course of his career, Jay has had access to over a thousand industries, 7,000 sub industries and generated over a hundred billion dollars worth of growth for his businesses and his clients' businesses.He has this uncanny ability to see hidden and untapped potential in every business, and if Mike had one word to describe him, it would be maximized.But what would you do if you had Jay's brain for a full day?How could you use his brain, with all of his experience, to either invent a business, craft a marketing message or maximize profit in the business you already have?Mike speaks to a lot of founders and business owners, and most of them say they've reached a point where they'd like to get out of their current business. Either they've outgrown it or they're looking for their third or fourth act.One of the best things that those founders can do is either find a way to reposition their business so they can sell it for a lot more money, or they want to create something that involves a platform and work ON the business rather than IN it, so they can have a new level of freedom.Today, Jay and Mike are actually going to invent an offer to kickstart a business like that, where you get Jay's brain and THE OFFER IS REAL.You'll see them create it in real time. The perfect offer for the founder who wants to reinvent.If that’s you and you’re an action taker, let’s get started.Key TakeawaysMike tells us about one of his first marketing launches that produced one million dollars in 43 minutes! (04:53)Jay talks about what it’s like to work with him as an advisor (09:56)Jay gives us an example of a company he worked with that could have 10x’d their bottom line without increasing their top line (12:35)Mike talks about his team of “WHO’S” that will help any business succeed asap (16:33)Mike goes into detail about the offer and what you’ll get as a client if you qualify (57:22)Additional ResourcesApply to work with Mike and Jay: www.PaidForLife.com/Exp

Have you ever lost someone you loved from a disease or illness?What would you give to have been able to detect or prevent it?According to the CDC, heart disease, cancer, and strokes killed 1,666,780 people in 2021 alone.If you or someone you love is over 40, there’s a 65% chance that one of you has a life threatening disease you don’t yet know about.But what if you could detect illnesses before you became symptomatic or it was too late?This week, Mike is talking to Steve Marler, and his technology could save your life or a loved one’s life.Over the past 11 years, Steve’s company, Advanced Body Scan has scanned over 65,000 people and saved countless lives.There are no needles, no dyes, and no invasive procedures. It's completely painless. You lay down on a comfortable bed for four minutes and a board-certified radiologist reviews your scan.If something shows up, the medical team talks to you immediately and makes direct introductions to doctors in their database.No more sitting around, waiting for weeks or months to get the treatment you need. As a cancer survivor, Mike knows exactly how frustrating this can be.Steve lost his mom to breast cancer several years ago and suffered incredible guilt wishing he could have done more. “I wouldn't wish that on anyone. There's nothing worse than watching someone you love dying,” says Steve.That’s why he founded Advanced Body Scan. He wants to stop this from happening to anyone else.Key TakeawaysHow and why Steve started Advance Body Scan (03:01)What a scan can detect and how it works (06:54)Mike's Cancer story and what could have happened (11:33)Bringing a Mastermind Group to an Advanced Body Scan Facility (30:54)How a body scan saved the lives of an asymptomatic husband and wife (31:44)Additional ResourcesLearn how to get your Body Scan here: https://health.advancedbodyscan.com/lifeLearn more about Advanced Body Scan: https://advancedbodyscan.com/Contact Mike through www.CapabilityAmplifier.com to discuss doing a group or Mastermind trip to Advanced Body ScanLearn how to work with Mike: https://www.mikekoenigs.com/super-power-accelerator/ 

Have you ever considered selling your business?Can you imagine yourself walking away with a BIG paycheck?If so, today’s episode is the right one for you.Mike has sold five businesses, and his special guest, Joey Osborne, just had a successful EXIT a few months ago.Joey actually walked away with an eight-figure paycheck, after being acquired by a private equity firm.Today, they'll be discussing the five MOST IMPORTANT things that any business owner needs to know to get acquired.What You’ll Learn in This EpisodeHow to position your business How to become attractiveThe importance of mindset and preparationTheir biggest mistakes and life lessons related to exiting a businessDon’t miss this one! They don’t ramble about spreadsheet data and ratios.They cover the PRACTICAL, non-average, and non-obvious things around selling your business.Mike knows you’ll find it super valuable, so click play and let’s dive in!Key Takeaways“The Big Reward Was Worth the Grind”: Joey’s Backstory (04:23)Why Did You Start to Consider Selling Your Business? (18:20)First Offer Gone Wrong and Lessons Learned (21:40)Build a Financial Fortress Around Your Family (30:19)The 5 Most Important Principles in Preparation for an Acquisition (36:56)

What happens when someone tells you something that defies your perspective?Can you learn and still politely disagree, or do you feel uncomfortable or upset? Do you take what’s good and discard the rest?Mike and Dan have learned that points of view are just that, “points of view,” and that their brains are richer on any topic if they get a lot of different points of view about those topics.If you are talking to 20 people, there will be 20 different points of view, and each of them will add to your understanding of the overall situation.What you get out of this practice are collaborative truths, the wisest truths.It’s also interesting, fun, and civil. So, are you ready to achieve greater wisdom?Listen to Mike and Dan sharing their points of view regarding The Great Lockdown, artificial intelligence-powered governments, automation killing white-collar jobs, and more.Key TakeawaysMike & Dan explain the background of this episode’s structure (00:00)Dan’s dual citizenship and how it adds value to his perspective (09:33)A perfect opportunity to create a crisis and gain power (16:03)The truck drivers’ movement and the symbolism behind (29:02)Mike’s main takeaways from the discussion (59:44)Collaborative truths are the wisest (01:12:44)Additional ResourcesJoin us at PaidForLife.com/Mastermind Learn more about MikeApply to work with Mike“Capability Amplifier” is a weekly podcast on all-things entrepreneurship, brought to you by Mike Koenigs and Dan Sullivan.

Mike and his friend Brad Costanzo talk about their main crypto secrets. Brad Costanzo is an incredibly brilliant trader, marketer, serial entrepreneur, and host of the Bacon Wrapped Business podcast.Mike and Brad talk about their portfolios and go through many interesting aspects of the current crypto landscape, including:What to buyAltcoinsHow to safely store cryptocurrencyStakingCrypto & taxesAnd more…They even cover how the war between Russia and Ukraine and other global events (like Switzerland screwing its brand for life) are related to crypto.It doesn’t matter if you consider yourself more an investor than a trader or know too little about crypto; this is a conversation you shouldn’t miss. We want to see you there! So, please click the play button, and we’ll talk on the other side.Key TakeawaysMike & Brad talk about their portfolios and other trending coins (4:18)How to replace traditional banking (15:00)Altcoins and the LUNA ecosystem (17:27)Exodus Wallet and the weaponization of money (23:51)Staking in DeFi and earning interest (42:02)Crypto is a new form of trust (50:59)Additional ResourcesWatch the video version of this episode - https://youtu.be/9oONTVvF2PcCheck out Brad’s podcast - www.baconwrappedbusiness.com/ Join us at PaidForLife.com/mastermindText the word CRYPTO to (855) 9553 958 and get your bonusesThe best crypto trading bots - www.PaidForLife.com/MyBotsLearn more about MikeApply to work with Mike“Capability Amplifier” is a weekly podcast on all-things entrepreneurship, brought to you by Mike Koenigs and Dan Sullivan.For more episodes, follow us on your favorite podcast app!

Want a FREE Masterclass on Mike Chu’s Retention System for Generating an Extra $100K in Hidden Back-End Revenue? Get access here: champdev.com/freeIn this episode, Mike joins Michael Chu to discuss how you can grow and scale any coaching business without it depending on you.Michael Chu started practicing martial arts at age three. He didn’t know it then, but the discipline learned in sports would help him stick to something he wasn’t good at when he started: sales.He decided to keep pushing beyond his initial shyness and became a great salesman. After applying that same discipline, the time came when Michael got to train and develop sales teams into seven-figure sales machines and also started businesses of his own.When he got into the coaching business, he realized that even though his company could grow a lot, the mainstream approach to growth was not what he wanted. Michael wanted the business to grow independent of him, even at scale. He had to challenge many things that he had learned from mentors and experience. Still, he eventually found an eight-principle system that could grow his coaching business (and any other) into a multiple-figure business without requiring the owner to be fully involved.Today we are going to break down for you this exact system. Do you want it?Key TakeawaysHow Michael got into business and coaching (03:44)Glass ceilings can make your business feel like a rollercoaster (08:19)How the Harvard Effect works (12:27)You don’t have to be “the pushy salesperson” to grow to the next level (28:37)The real work starts after the sale is made (38:56)“I realized that my business needed to change to become scalable” (44:37)Additional ResourcesLearn more about MikeApply to work with Mike“Capability Amplifier” is a weekly podcast on all-things entrepreneurship, brought to you by Mike Koenigs and Dan Sullivan.For more episodes, follow us on your favorite podcast app!

In this episode, Mike gets together with Dan to discuss his main habits, routines, and life hacks.Dan Sullivan, this podcast’s co-host, is a clear example of success both in his personal and business life.We know Dan. He is the founder and president of The Strategic Coach Inc., a visionary, innovator, and gifted conceptual thinker. He has over 40 years of experience as a speaker, consultant, strategic planner, and coach to entrepreneurial individuals and groups.Mike thinks that everyone would want the grid of thinking of how Dan makes yes, no, and collaboration decisions and a deeper (and more personal) understanding of which of these decisions have shaped his life the most.We’ll focus on the decisions that became habits and now are a part of his days and weeks.Be prepared to learn about his sleeping techniques, technology gadgets, creative planning, team leadership, and more.So, now that everything has been said let’s get started!Key TakeawaysDan talks about his typical week (02:23)How to record and organize ideas (05:06)How Dan counteracts the negative effects of screen time (09:15)Mike & Dan discuss their approach to learning (34:07)Rules for leadership and team management (48:17)Additional ResourcesLearn more about MikeApply to work with Mike“Capability Amplifier” is a weekly podcast on all-things entrepreneurship, brought to you by Mike Koenigs and Dan Sullivan.For more episodes, follow us on your favorite podcast app!