About this episode
The Five Obsessions of Elite Organizations with Michael Erath In this episode of the Daily Mastermind, host George Wright III interviews Michael Erath, founder of Next Level Growth and author of 'Rise' and 'Five Obsessions of Elite Organizations'. Michael shares his journey of building a $45 million empire, losing it all, and then rebuilding from scratch. The discussion delves into his coaching methods for CEOs on scaling with clarity, the importance of having systems in place, and the five key obsessions that drive elite organizations: great people, inspiring purpose, optimized playbooks, a culture of performance, and growing profits and cash flow. Michael also emphasizes the need for radical honesty and effective coaching within organizations and shares strategies for hiring A players. The episode underscores the significance of mindset and intentionality in achieving business excellence. 00:53 Michael Erath's Background and Early Career 02:52 Challenges and Setbacks in Business 04:03 Rebuilding and Developing Systems 08:41 Core Values and Leadership 15:42 The Five Obsessions of Elite Organizations 22:32 The Importance of Playbooks in Sales Teams 29:01 The Role of Profit and Cash Flow 36:21 Finding the Right People for the Job 39:54 Final Thoughts and Advice for Entrepreneurs You have GREATNESS inside you. I BELIEVE in You. Let’s Make Today the Day You Unleash Your Potential! George Wright III CEO, The Daily Mastermind | Evolution X _________________________________________________________ P.S. Whenever you’re ready, here are ways I can help you… Get to know me: 1. Subscrib e to The Daily Mastermind Podcast - daily inspiration, motivation, education 2. Follow me on social media Facebook | Instagram | Linkedin | TikTok | Youtube 3. Get the Prosperity Pillars Poster I Developed over 20 years from my Mentors. Work with me: My mission is to help you Master Your Mind, Money, & Business, and I firmly believe: It’s Never Too Late to Create the Life You Were Meant to Live… a LIFESTYLE of Health, Wealth, and Happiness. Here are ways I’ve been able to help thousands of people over the past 20 years… 4. FREE DOWNLOAD : Download the FREE 12-Day Authority Formula Email Course. 5. JOIN THE EVOLUTION : A Private Members Only Mastermind Group that includes Weekly Group CEO Mentoring, Courses, Resources & Live Events. We will Grow Your Authority. 6. GET FEATURED : Grow Your Brand and Authority by getting interviewed and featured alongside celebrities and experts in Valiant CEO Magazine online. 7. AUTHORITY LAUNCH : Get a Custom Authority Blueprint that will help you to Quickly Grow Massive Authority and Get Seen by Thousands in Less than One Hour using our Proven Formula. About Michael Erath Michael Erath is a seasoned entrepreneur who transformed his family's $8M business into a $45M global enterprise. After facing significant setbacks, including the Great Recession and internal fraud, he rebuilt his career by founding Next Level Growth. Michael is also the author of best-selling books like RISE: The Reincarnation of an Entrepreneur and The Five Obsessions of Elite Organizations . Resources: Website: nextlevelgrowth.com Book: Five Obsessions of Elite Organizations LinkedIn: Michael Erath YouTube Interview: Key Habits of Successful Organizations