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June 13, 2025 68 mins

Michael Erath reveals the five obsessions that drive elite business performance and sustainable growth. From recovering after a $45M business collapse to building a customizable operating system, Michael shares powerful lessons every Entrepreneur should hear.

Here's a glance at what you'll discover in this episode: 

  • How Michael Erath lost a $45 million company—but walked away with a better business model, a better marriage, and a blueprint for building elite organizations. (Here's the system that turned a betrayal and bank fraud into one of the most valuable leadership toolkits you've never heard of.)
  • Why most "people problems" in your business come down to this one overlooked cause—and how Michael's Mission/MCO/Obsessions framework eliminates it before it infects your team.
  • Why your people don't need more perks or ping pong tables—they need THIS principled, plug-and-play system that unlocks performance, purpose, and profits.
  • The $100 Bill Exercise: How a pair of scissors, a blown-up banknote, and one bold demonstration taught an entire factory team financial literacy—and why your team's ignorance of margin may be killing your business.
  • The Hidden Cost Of Onboarding By Firehose: If you haven't documented a 90-day onboarding journey with check-ins and calibrations, you're not onboarding—you're waterboarding.
  • How to stop saying "we're too busy to systemize" and finally build the playbooks that make fires go away for good. (Plus: How Michael uses Loom, AI, and ChatGPT to turn chaos into clarity—without adding headcount.)
  • Stop Hoping For "Ownership" And Define It Instead: Why saying "I'll own that" is meaningless without a clear outcome, guardrails, and accountability. (And how Michael trains leaders to own outcomes, not just tasks.)
  • The 7 People Solutions framework for retaining (or releasing) underperformers—without drama, excuses, or endless "coaching" loops. (Use this to fix your culture without wrecking your calendar.)
  • Why Most Entrepreneurs Sabotage Their Own Teams: Michael's blunt answer to the "arsonist-leader" dilemma—and how to build a business operating system that puts the user before the tool.

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