Learning from Former Wall Street Banker Michael Margolies

One of the best ways to reach your goals is to get exposed to people who are working at a high level. What are the most dangerous things in business? Why is tracking in business such a necessity? How do you adjust if you’re not getting the results you want? On this episode, we are joined by former Wall Street banker and successful businessman Michael Margolies, who shares the mindsets and practices that have been instrumental in his success.

Takeaways

Machine learning is putting unbelievable stress on people to become fast learners.

You have to create a repeatable process to replicate your success.

Assess what you’re doing periodically and make sure you’re working off of 60-day or 90-day plans.

At the start of the show, Michael shared how he got started, and why it’s so important to be a lifelong learner. We also talked about the strategy all successful business organizations have, and why it’s so important to always be in action mode.

At the start of the show, Michael shared how he got started, and why it’s so important to be a lifelong learner. We also talked about the strategy all successful business organizations have, and why it’s so important to always be in action mode.

We also discussed;

• The importance of tracking and knowing your numbers
• The quickest thing to adjust if you’re not getting results

In business, you’re either walking towards the light or walking towards the dark. It’s so crucial to arm yourself with as much education as possible, and to know your business in and out. In today’s world, there’s no hiding, the cycles are fast and it quickly becomes evident who is BSing and who isn’t. Stay in an action-oriented state of mind, and always organize and prepare so you’re ahead of the curve.