Hire Mike Michalowicz To Speak At Your Event

19 Apr 2013 · 2 min
1:51

In this spoken segment, Mike Michalowicz, founder of Obsidian Launch, shares his entrepreneurial philosophy centered on disciplined, low‑cost growth and strategic differentiation. He introduces the term “moach,” a hybrid mentor model that blends the best traits of industry insiders, competitors, and external coaches to provide continuous, hands‑on guidance. Michalowicz illustrates the power of small, incremental advantages with a story about a New Jersey farmer whose pumpkin success stemmed from merely a 5% variation from standard practices—a principle he equates to the critical 5% actions that set wildly successful entrepreneurs apart. He emphasizes bootstrapping as a discipline‑building exercise that forces founders to construct solid businesses on minimal resources. The talk then shifts to consumer psychology, describing the “power of exclusivity” and the “shrimp bowl effect,” where limited availability heightens desire, and explains how this scarcity mindset can be leveraged in sales. Finally, he stresses the importance of a strong, urgent close in the last thirty seconds of a pitch, underscoring the need to create urgency and reinforce the offer before the prospect decides.

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