Becoming a Successful Entrepreneur with Guest Mike Koenigs: MakingBank S1E59

May 13, 2017

MAKING BANK is now a weekly YouTube TV show / iTunes Podcast full of #Success and #Business with Josh. 

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=== SUMMARY ===

Avoiding failure isn’t the key to success—enduring it is.

For every entrepreneurial win captured in a best-selling book, or CNBC segment, there are a thousand unseen failures overcome, and ten-thousand unseen hurdles cleared.

Simply put, the price of success is high, and before the big breaks, most entrepreneurs are flat-broke.

Becoming a successful entrepreneur takes guts, resolve, and an insatiable appetite for improvement. The criticism, the cut-downs, and the doubts will greatly outweigh the complements, the accolades, and the money for a long time.

But, for those brave enough to stick their necks out and tough enough stay in the game, the success eventually comes.

Just ask today’s guest on Making Bank, Mike Koenigs, a man who went from meager means to making more than $1 million dollars in a single day.

After barely finishing high school, and electing to skip college, Mike launched headlong into an entrepreneurial career, only to find himself mired in a world of big-time hurt.

Setbacks and miscues left him with a floundering business, where he was forced to use credit cards to pay his employees and a gas-station rewards card to buy his groceries.

It was an unsustainable (and dangerous) way to live that brought him near the breaking point. 

Faced with mounting debt, surging self-doubt, and impending professional failure, Mike was left with two options:

Give-up or give it one last shot

He chose the latter and the rest is history.

Today, Mike is an accomplished entrepreneur, cancer-survivor, 11-time #1 bestselling author, cable TV producer, marketer, angel investor, filmmaker, speaker, inventor, and active philanthropist. He has sold multiple businesses to publicly-traded companies, including his most recent exits—Traffic Geyser and Instant Customer.

During today’s episode of Making Bank, he and host Josh Felber will go the distance in discussing what it takes to survive the long road to success, and what it means to live life healthily. They’ll also talk about…

  • Overcoming the obstacle of poverty in childhood
  • Why entrepreneurs make great innovators, but not managers or optimizers
  • Surviving the obstacle-laden road to success
  • Using a traumatic experience—like cancer—to become a better businessman
  • The importance of paying to play—why self-investment is an essential ingredient to success
  • Why being the dumbest person in the room is so advantageous
  • How a clear understanding of what you actually want can expedite it’s acquisition
  • The danger of carrying around old drama

…And much, much more!



#MakingBank #JoshFelber #MikeKoenigs


=== ABOUT Josh Felber ===

As a High Performance Coach and Start-Up Advisor, I help business owners, entrepreneurs, & millennials understand where you can grow your business with fast proven results to obtain wealth and find freedom. 

A serial entrepreneur with 28+ years of starting and growing multiple multi-million dollar companies (including one with $5 Billion annual revenues), I’ve been:

  • 2x Best-Selling Author as a co-author with Steve Forbes & Brian Tracy
  • Voted the Best Personal Finance Expert in 2014 (National GOBankingRates competition)
  • A contributor to articles on,, &
  • Recognized multiple times in the National Who’s Who of Entrepreneurs
  • Expert guest on NBC, CBS, ABC, and FOX
  • Keynote Speaker
  • Host of Making Bank TV Show

I’ve helped my clients achieve:

  • Business growth from 6 to 7 figures & doubled revenues in as short as 6 months
  • Sales growth in 25% within 3 months using online and digital marketing
  • Go from 0 to $30 Million company valuation in 9 years

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