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March 26, 2023 36 mins

Michael Walters is the Founder of Studio 503, one of the fastest-growing private companies in America that offer strategic growth on businesses specializing in large retail and wholesale distribution. 

Michael's success was sparked by his childhood desire to own two different candy packs. He reasoned that instead of buying one pack, why not buy two smaller, less expensive ones. He was able to think of a solution to avoid having to choose between two things he wanted.

Since then, he has carried that mentality. He had always envisioned starting a business without needing to select a particular area of expertise that could create and provide new ideas and opportunities.

Thus, Michael launched Studio503 in 2003. In 2019, he formed Payload Group, and he has been providing incredible opportunities to many businesses, building powerful partnerships, and leading brands and products from ideation to execution.

Routine | Have Deliberate Control of Your Space

Michael believes there is a space over which we should be aware and have control. Owning that space gives the power to decide how to react to circumstances. He was able to redirect his energy and set his day by doing these routines:

1. Set up a music he can listen as he wakes up

2. 15-minute Quiet time to read and reflect

3. Time to unplug from distractions

4. Workout

5. Holding himself accountable and intentional in all he does

Success

Michael has led Studio503 in the list of Inc. 5000 Fastest-Growing Private Companies in America ranking 1 in Minnesota, 4 in the Consumer Products category, and 43 overall in the U.S. He has been sharing his passion and skills, and spoke at TED Talks while simultaneously conquering depression. Michael has been a true inspiration to many entrepreneurs.

Book Recommendations:

The 7 Habits of Highly Effective People

Connect With Michael Walters

Website: https://www.studio503.com/

Website: https://www.inc.com/author/michael-walters

Facebook: https://www.facebook.com/studio503

LinkedIn: https://www.linkedin.com/in/ideapilot/

Twitter: https://twitter.com/mwalters503

Instagram: https://www.instagram.com/mwalters503/

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