Michael Loeb - President and CEO of Loeb NYC | Launching Billion Dollar Companies

➡️ Like The Podcast? Leave A Rating: https://ratethispodcast.com/successstory ➡️ Join 321,000 people who read my free weekly newsletter: https://newsletter.scottdclary.com ➡️ About The GuestMichael Loeb is a serial entrepreneur and the founder and CEO of Loeb.nyc, a startup investment platform that pairs strategic and executional talent with passionate founders. Michael has a long and successful track record of building and scaling consumer marketing businesses, from magazines to online travel to pharmacy discounts.Michael started his career at Time, Inc., where he met his longtime business partner Rich Vogel. Together, they co-founded the Synapse Group, which revolutionized the magazine subscription industry with its patented Continuous Service Model. Synapse Group also incubated Priceline.com, one of the most successful online travel companies in the world. In 2006, Michael and Rich sold Synapse Group to Time Warner for over $500M.Since then, Michael and Rich have launched Loeb Enterprises and Loeb.nyc, where they oversee 18 direct investments in innovative companies across various sectors. Michael is also an avid philanthropist and a creative visionary. He sits on the board of several non-profit organizations, such as the Michael J. Fox Foundation for Parkinson’s Research, the Robin Hood Foundation, and the UJA-Federation of New York. He has also spoken at various events and festivals, such as the Cannes Lions International Festival of Creativity, the Advertising Week, and the SXSW, where he shared his insights and experiences as an entrepreneur. ➡️ Show Linkshttps://twitter.com/realmichaelloeb/https://www.linkedin.com/in/michaelloeb1/https://www.loeb.nyc/ ➡️ Podcast SponsorsFoundation Source: https://info.foundationsource.com/xm-tax-benefits-pHubspot - https://hubspot.com/  Kajabi - https://kajabi.com/success (Code: success)ButcherBox - https://butcherbox.com/success (Code: success)Justin Wine - https://justinwine.com/ (Code: success)Green Light - https://greenlight.com/successIndeed - https://indeed.com/claryNudge Podcast - https://www.nudgepodcast.com/podcast/NetSuite — https://netsuite.com/scottclary/Factor — https://factormeals.com/successpod50 (Code: successpod50)HelloFresh — https://hellofresh.com/50successpod (Code: 50succespod)ZBiotics — https://zbiotics.com/success (Code: success) ➡️ Talking Points00:00 - Introduction01:19 - Michael Loeb’s Origin Story04:29 - Winning Attitude for Success08:33 - Michael's Persistence Is His Superpower17:48 - "Burn the Boats" Philosophy22:52 - Navigating Lay-off Realities28:12 - Sponsors30:35 - Synapse: Trials Behind Triumphs38:23 - Spotting Resilient Entrepreneurs45:08 - Key Insights From Building55:33 - Defining Success