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Michael Erath

Having grown up in a family manufacturing business which he grew from $8MM to $18MM in 10 years as CEO, Michael has spent his entire career in the trenches of the entrepreneurial world. Additionally, since 2003 he has been an active member of business peer groups, first YPO and later EO. Following the housing market collapse and financial crisis of 2008, Michael made the difficult decision to liquidate the family business, which was closely tied to the housing industry. He was able manage the process without using bankruptcy protection, over a very challenging and educational 2 year period. Today, he looks back on the lessons learned during that struggle with gratitude, knowing he never could have received such knowledge in a classroom. In 2010, Michael leveraged everything he had and started a new manufacturing business, which he continues to own to this day. In early 2014, a colleague introduced Michael to the Entrepreneurial Operating System (EOS) by way of the book Traction. In EOS, for the first time in his 20-year career, Michael found a simplified, holistic system that created a perfect framework with which to operate his business. Since implementing EOS in his own business, Michael was able to increase Gross Profit by over 50%, driving a significant increase in Net. The business was also named to the 2015 Inc. 5000. In addition to the financial gains since Michael started the EOS journey, the way his personal life has been transformed is even more meaningful. He now has a strong and unified Leadership Team who manages the day-to-day operations of the business, which has freed him from the overwhelming control the business had been having over his life. With his newfound freedom, Michael is able to pursue his greatest passion, which is to work with entrepreneurs and their leadership teams to get strong and healthy in the six key components of EOS - so that they too can regain control of their lives and get everything they want from their business.
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Recent Posts

Less But Better

Written by Michael Erath on September 11, 2017

Are you spread too thin? Do you feel like you’re spinning your wheels? You may be a victim of the Paradox of Success.

It was Socrates who said, “Beware the barrenness of a busy life.” I remember as a child observing my parents, and as I reflect back on those days, a piece of me longs for the simplicity.

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Just Say "No" to Grow Your Business

Written by Michael Erath on June 15, 2017

Have you ever said yes to something and then regretted the commitment you made? If so, you’re normal. Saying no is difficult for two primary reasons, which I will share below. But being able to say no is essential in creating the capacity to say yes to, and to be successful at, what is truly important.

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