Today, we have my long-time friend Daven Michaels, a New York Times best-selling author, lifestyle entrepreneur, and founder of the outsourcing pioneer 123Employee.
Before Daven was dubbed the Outsourcing King, he started a business at the age of 15 and later dropped out of college to design clothes for music groups in the 1980s.
Inspired by his uncle, whom he considered one of the smartest men he ever knew, Daven built several businesses, including one that changed the way we do work and business today.
In this episode, Daven unpacks the profound lessons he learned from producing hit records to establishing a thriving outsourcing business.
He then shares the challenges and opportunities he faced in the outsourcing world, what business owners should outsource (or not), the benefits of living in Puerto Rico, and the importance of networking and mentorship for entrepreneurs who dream of going beyond a million.
Let’s get started!
Key Takeaways:
Introduction (00:00)
Meet Daven Michaels (03:18)
Success: luck or skills (08:15)
How to strike a great deal (16:57)
From music to television producer (19:32)
Make something that people want, not need (32:08)
Growing a business? Adopt this model (35:57)
What should you outsource (or not) to a VA? (40:13)
The impact of AI on jobs and humans (46:02)
Why Puerto Rico is a haven for business owners (48:27)
The importance of networking and mentorship (50:55)
Keep up with Daven (57:15)
Additional Resources:
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Beyond A Million is a business podcast that reveals the scaling secrets of 8, 9, and 10-figure entrepreneurs. Every week, we share an exclusive behind-the-scenes look at the best business growth strategies that work.
If you’re an entrepreneur or business professional who’s looking to level up & continue to scale far beyond the million-dollar mark, this podcast is for YOU!
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