1: Mike Caito | Bootstrapping with $6,000, Scaling, and Exing Big

In today’s show, Mahew interviews Michael Caito, CEO and owner, MAP Consulting who shares with us his life story, and his entrepreneurial wisdom.

You will learn how he bootstrapped his food delivery business with just $6,000, sold it at an extremely attractive valuation, and the biggest lessons that he learned in the process.

 

Michael’s parents got divorced when he just 13, and his mother moved to Wisconsin while Mike was back in NY. Mike’s confidence took a major beating because of this, and he had a particularly rough me in high school.

Fortunately for him, he was reunited with his mother just before college. At this juncture, Mike got his first taste of entrepreneurship as he went door-to-door preaching the bible. Additionally, once he got recognition, he was also invited to speak at congregations.

This experienced did him a world of good, and Mike was in overdrive by the time he entered college. So, when the opportunity to start a restaurant delivery business with his brother came along, Mike was quick to snap it up.

Being single and having no other commitments helped as Mike and his partners went all out to make their business a success. In 2015, after scaling to $40 million in revenues, Mike sold off his business at an extremely attractive valuation.

Recently, Mike has come back from retirement as the owner and CEO of Management Actions Program, Inc. (MAP), a consultancy firm.

In today’s show, Mike calls out some of the most important attributes that have contributed to his incredible success. Specifically, we discuss the importance of work ethic, continuous learning, and surrounding yourself with the right people.

Mike also shares the SIX KEYS of Excellence which have held him in good stead over the years.

Whether you are an aspiring entrepreneur or an established one, tuning in to today will surely inspire you to put your best self forward.

Enjoy!

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