6 Key Lessons Learned in Going From Near Bankruptcy to a Thriving $300 Million Business

After building Crave Entertainment Group to $175 million in revenue, Michael and his leadership team implemented an international expansion plan that failed miserably and nearly led the company to bankruptcy. With great self-awareness, Michael and his business partner realized they were excellent at building companies but not at turning them around. So, they hired a turnaround expert as Chief Operating Officer who helped the company make some tough decisions. In today’s show, Michael details 6 important lessons he learned during this difficult turnaround period and ironically, they’re applicable to leaders running thriving businesses, too.