Mike Campion has been a brick and mortar business owner for the last 17 years.
He sold two businesses in the last 3 years for seven figures, the last of which was a car dealership.
Mike is also the host of the “Conversations With a Genius” podcast which is currently a top rated show on iTunes.
Mike, what’s an interestingly weird fact about yourself?
I never been drunk in my entire life.
Walk us through your journey as an entrepreneur.
I got the entrepreneurial bug at age 20.
My first adult job was as a car salesman.
My wife and I saved everything and bought a cleaning service cleaning toilets and such.
We saved all our money to buy this franchise.
How much did this cleaning franchise cost?
Paid a guy $65K, with $10K up front with a note for the rest.
We were profitable right away because my wife and I did all the work.
We tripled that business in 2.5 years, sold it with 20 employees for a couple hundred thousand dollars.
Then used that money to buy my next venture, Deltic Custom Fabric Design and Manufacturing.
Had that company for 4 or 5 years.
My next biggest adventure was getting divorced.
I always been super passionate about business.
After the divorce I lost everything.
The business went bankrupt and I owed hundreds of thousands more than I had.
Started 100% over which birthed something exciting around the age of 30.
I started a company being my outrageous self, 90% went nuts and wanted to be apart of it.
Core value to be real.
I started a Big Shade company which is structures for people to get under, especially for kids.
I had a lot of real life mentors and was investing into education along the way.
It started doing very well so I sold the shade company for 7 figures and started a used car dealership.
Got happily remarried.
Sold the business, traveled, took some time.
The focus now is helping other entrepreneurs.
Helping small business owners become not so small business owners.
Mike, what’s your best advice for those looking to start their own business?
Perseverance.
Big Reason Why:
Helping entrepreneurs, I been mentoring others for 17 years.
Biggest Temporary Defeat:
Divorce kicked him in the butt for 2 years.
Weirdest Breakthrough Experience:
Hustling hard after my divorce and started being myself versus pleasing others.
What’s the vision of Mike Campion look like for the future?
Personal life to be as balanced as possible.
Business side, I feel guilty because I get all the benefits but don’t have to deal with all the nonsense.
Favorite Success Quote:
“Poor people have big TVs. Rich people have big libraries.” – Jim Rohn
Recommended Book:
MONEY – Master The Game – by Tony Robbins
What’s the best way for our listeners to connect with you Mike?
My Blog: TheFreakingGenius.com
Email: mike@thefreakinggenuis.com
>> Interview ends here <<<
If you enjoyed today’s episode, check out our previous episode with Rui Gabriel