Today, I’m sitting down with Mike Agugliaro, an author, investor, and the founder of multiple 8-figure businesses, including both a $32 million/year home services business and a coaching company that sold more than $40 million in one year.
A former electrician, Mike’s entrepreneurial journey started with a belief that he could do a better job than his current bosses. Tired of working long hours under questionable leadership, Mike took a leap of faith, spending $35,000 on a business course and going all-in on entrepreneurship.
Since then, Mike built and sold 2 high-figure businesses. He has been featured on CBS, NBC, and Fox, and is the founder of FuDog Group, a high-level training organization that teaches peak performance secrets to help people elevate every area of their personal lives.
In today’s episode, you’ll hear about Mike’s “dips and curves” theory for helping businesses scale from 7 to 8-figures, why he doesn’t believe in firing the bottom 20% of his employees, and how he got a 200-person team aligned on the same goals of growth and development.
Inspiring Quotes
- “You don’t cut the weakest link. You help reinforce it.” – Mike Agugliaro
- “I didn’t want to be the best in the world at hiring A players. I want to be the best in the world at taking B and C players and turning them into A players. That changed everything.” – Mike Agugliaro
- “People will only grow into the next fishbowl that they believe they can go into.” – Mike Agugliaro
- “If you want to scale and win, tackle all those shame, guilts, and traumas. Hire people, get resources, read books. The more you get rid of the mind’s resistance, the faster you will scale into the future you want.” – Mike Agugliaro
- “If you can facilitate removing shame, guilts, and traumas, every single employee improves.” – Mike Agugliaro
- “My goal with culture was to see how many ways I can look at every circle that overlaps and bring it together and let them see how we all function as one organic piece.” – Mike Agugliaro