The Five Obsessions of Elite Organizations with Michael Erath
In this episode of the Daily Mastermind, host George Wright III interviews Michael Erath, founder of Next Level Growth and author of 'Rise' and 'Five Obsessions of Elite Organizations'. Michael shares his journey of building a $45 million empire, losing it all, and then rebuilding from scratch. The discussion delves into his coaching methods for CEOs on scaling with clarity, the importance of having systems in place, and the five key obsessions that drive elite organizations: great people, inspiring purpose, optimized playbooks, a culture of performance, and growing profits and cash flow. Michael also emphasizes the need for radical honesty and effective coaching within organizations and shares strategies for hiring A players. The episode underscores the significance of mindset and intentionality in achieving business excellence.
00:53 Michael Erath's Background and Early Career
02:52 Challenges and Setbacks in Business
04:03 Rebuilding and Developing Systems
08:41 Core Values and Leadership
15:42 The Five Obsessions of Elite Organizations
22:32 The Importance of Playbooks in Sales Teams
29:01 The Role of Profit and Cash Flow
36:21 Finding the Right People for the Job
39:54 Final Thoughts and Advice for Entrepreneurs
You have GREATNESS inside you. I BELIEVE in You. Let’s Make Today the Day You Unleash Your Potential!
George Wright III
CEO, The Daily Mastermind | Evolution X
_________________________________________________________
P.S. Whenever you’re ready, here are ways I can help you…
Get to know me:
1. Subscribe to The Daily Mastermind Podcast- daily inspiration, motivation, education
2. Follow me on social media Facebook | Instagram | Linkedin | TikTok | Youtube
3. Get the Prosperity Pillars Poster I Developed over 20 years from my Mentors.
Work with me:
My mission is to help you Master Your Mind, Money, & Business, and I firmly believe:
It’s Never Too Late to Create the Life You Were Meant to Live…
Popular Podcasts
On Purpose with Jay Shetty
I’m Jay Shetty host of On Purpose the worlds #1 Mental Health podcast and I’m so grateful you found us. I started this podcast 5 years ago to invite you into conversations and workshops that are designed to help make you happier, healthier and more healed. I believe that when you (yes you) feel seen, heard and understood you’re able to deal with relationship struggles, work challenges and life’s ups and downs with more ease and grace. I interview experts, celebrities, thought leaders and athletes so that we can grow our mindset, build better habits and uncover a side of them we’ve never seen before. New episodes every Monday and Friday. Your support means the world to me and I don’t take it for granted — click the follow button and leave a review to help us spread the love with On Purpose. I can’t wait for you to listen to your first or 500th episode!
Las Culturistas with Matt Rogers and Bowen Yang
Ding dong! Join your culture consultants, Matt Rogers and Bowen Yang, on an unforgettable journey into the beating heart of CULTURE. Alongside sizzling special guests, they GET INTO the hottest pop-culture moments of the day and the formative cultural experiences that turned them into Culturistas. Produced by the Big Money Players Network and iHeartRadio.
Crime Junkie
Does hearing about a true crime case always leave you scouring the internet for the truth behind the story? Dive into your next mystery with Crime Junkie. Every Monday, join your host Ashley Flowers as she unravels all the details of infamous and underreported true crime cases with her best friend Brit Prawat. From cold cases to missing persons and heroes in our community who seek justice, Crime Junkie is your destination for theories and stories you won’t hear anywhere else. Whether you're a seasoned true crime enthusiast or new to the genre, you'll find yourself on the edge of your seat awaiting a new episode every Monday. If you can never get enough true crime... Congratulations, you’ve found your people. Follow to join a community of Crime Junkies! Crime Junkie is presented by audiochuck Media Company.