Mike Michalowicz

speaker

1,537 appearances 2 recordings 1 series first heard Feb 2026 last heard 20 Feb

Mike Michalowicz’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months

Recordings per month over the last 12 months — 2 in all, peaking in Feb 2026 with 2.

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And that's not the truth.

You need to be innovative as much as possible.

And as you control and constrain OPEX, you become more innovative, more prudent in how you spend that money.

So I started investing in companies again, and we just invested in a social media company.

And the first thing we did is exactly what we said.

We said, where's that?

We said 10%.

We said, where's the 10% we can cut?

And we did it within a month.

And the business has gone on unabated.

There was no damage, no nothing.

It's like, oh, we had a subscription that we've

thought we were using, but we realized we weren't.

There's so much of the stuff that is being spent automatically that we were able to cut it.

And we all went to profit immediately.

We brought cash stability to the business within a month just by cutting unexpected or unnecessary costs.

So we call it the vault, and the vault is a bank account that we have with a secondary bank.

So these bank accounts, we call them the foundational five that you're talking about.

We keep it our primary bank.

We then set up other bank accounts with other institutions with the intention of making it hard to access.

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