From Millions To $200,000 In Debt with Mike Young
March 20th, 2020
33 mins 28 secs
About this Episode
In this episode, Mike Young, the founder of The Makeover Master, host of the top-rated “Made Over Podcast”, author of "Made Over: How To Create A Powerful Brand That Will Transform Your Business & Save Your Life" tells about his journey of being a liquid millionaire to having a $200,000 debt. He shared how he & his friends built a mortgage company with 250 employees & 10 offices from scratch. But when the housing crisis in the U.S happened, all his properties slowly disappeared.
His life became miserable but he didn't give up. Instead, he pushed himself to work even harder to achieve his success. He is now an author and he works with entrepreneurs who can't figure out why their business isn't working. His goal is to save people from breaking their banks for expensive courses & events by sharing all the knowledge & expertise he acquired for years.
Mike's system and methodologies save TIME, MONEY & ENERGY by removing all the roadblocks slowing down your business.
"Failure takes you one step ahead from who you were before; It is a stepping stone to success. It grooms you for something you deserve the most.
The learnings from failure are the wisdom you take with you as you move forward. Take your time. Embrace your experiences and move on because THE WORLD WON’T STOP FOR YOU."
Mike Young Podcast - https://themakeovermaster.com/podcast/
Make Over Master Website - https://themakeovermaster.com/
Mike Young’s Facebook - https://www.facebook.com/mikeyoungmakeovermaster
Mike Young’s Linkedin - https://www.linkedin.com/in/mikeyoungmakeovers/
Mike Young’s Instagram - https://www.instagram.com/mikeyoungmakeovers/
Mike Young’s Youtube - https://www.youtube.com/channel/UCY5VUdEeO462pkkG6Dr1oqg
Made Over Book - https://www.amazon.com/Made-Over-Powerful-Transform-Business/dp/0999867083
3 Exceptional Takeaways:
- The entire world is open in front of you. If you don't have hope, you get nothing.
- You have to build real relationships with people you trust that you can reach out to when you're stuck.
- The fastest path to speed this game up is to be very clear on what you want and find somebody that's already done it before you.
1:42 Who is Mike Young?
Yeah, no problem, man. Yeah, thanks for having me on the show. I appreciate it Ari. In the makeover master. We help businesses get unstuck. A lot of times it's very difficult to see the forest through the trees from your own perspective
2:33 How he started his real estate firm
Yeah, out of college. I got into it and I thought I was gonna play professional baseball. When I realized that wasn't going to happen. I had a friend in the mortgage industry.
6:28 His mental space when mental space everything was crashing down
Yeah, man. I think I'm hardwired to be an optimist. You know, I've always been like, I remember sitting in my office the first few weeks. And my mental state was I don't have a plan.
10:00 When do people become desperate?
Well, and I think to your point, my brother in law in 2015 took his own life. And so when you lose things, and then you lose hope on top of it, that's when people do some desperate stuff and you can keep the hope.
21:01 What does "Save them a lot of years and save them a lot of money" mean to Mike?
Well, I think in the beginning I, I had that mentality, like a dumb guy that doesn't ask for direction at the gas stations, like, No, I'll figure out where I'm at. And so I took that approach where I'm gonna figure this out on my own.
26:01 When did his business start to take off?
When you have to do the opposite you have to do those two things are huge to me that I think when my business really started taking off, it was because of those two things connection and giving.
27:40 What's the word of hope that he would give to the listeners?
I would say a couple of things. One is there are millions of people that have been there where you're at, if you're struggling and you're stuck and you're frustrated, and you're depressed. There's tons of people just like me that know how that feels that would gladly help you.
29:49 What helped him get through the dark times?
You can help so many people and there's something for you to do. And there's a reason you're still here. And when you can make it through that moment.
31:33 One piece of actionable advice he has for people to help them on their way to greatness
I would say, get very clear on what you want. Find somebody that's already done it before you and ask them for direct mentorship or coaching or advice and help.
Originally recorded 2/12/2020