Episode 225

Michael Girdley joins Something For Everybody this week. Michael spent the last 30 years building an 11+ business holding company. He also built a 200k+ Twitter following and a newsletter with over 30k readers. He shares what he knows because he loves to teach. Teaching makes Michael a better thinker. And thinking better makes him happy. Michal is also a tech evangelist in his home city of San Antonio. Michael enabled the creation of 1,000+ new tech jobs in the area through entrepreneurial and leadership roles at numerous companies and nonprofits.

In this conversation, Michael shares insights and lessons learned from owning failing businesses. He emphasizes that it’s never one thing that kills a business, but rather a confluence of factors. Michael also discusses the importance of luck in success and the need to acknowledge and appreciate the role it plays. He highlights the emotional toll of business failure and the importance of taking care of oneself and building a support system. The conversation concludes by emphasizing the value of building great teams and nurturing relationships.

Big Takeaways: 

• Business failure is often caused by a combination of factors, rather than a single issue.
• Luck plays a significant role in success, and it’s important to acknowledge and appreciate it.
• Failure can have a significant impact on one’s emotional well-being, and it’s crucial to take care of oneself and build a support system.
• Building great teams and nurturing relationships is essential for success in business and life.