... https://www.youtube.com/watch?v=rjqIj5B3p5w

Michael Girdley joins Something For Everybody this week. Michael spent the last 30 years building an 11+ business holding company. He also built a 200k+ Twitter following and a newsletter with over 30k readers. He shares what he knows because he loves to teach. Teaching makes Michael a better thinker. And thinking better makes him happy. Michal is also a tech evangelist in his home city of San Antonio. Michael enabled the creation of 1,000+ new tech jobs in the area through entrepreneurial and leadership roles at numerous companies and nonprofits. In this conversation, Michael shares insights and lessons learned from owning failing businesses. He emphasizes that it's never one thing that kills a business, but rather a confluence of factors. Michael also discusses the importance of luck in success and the need to acknowledge and appreciate the role it plays. He highlights the emotional toll of business failure and the importance of taking care of oneself and building a support system. The conversation concludes by emphasizing the value of building great teams and nurturing relationships. Sponsors: AMARE GLOBAL: The Mental Wellness Company - get $10 off your next order - https://www.amare.com/155249/en-us/ (use code: EVERYBODY) Get 10% discount on all For Everybody products at https://shopforeverybody.com/ (use code: SFE10) Get 10% off Jocko Fuel at https://store.jockofuel.com/ (use code EVERYBODY) - Extra Stuff: Follow Michael on X: https://twitter.com/girdley Michael’s Website: https://girdley.com/ Thread Explained in Episode: https://twitter.com/girdley/status/1738548816490725690?t=LCx4TNfJ2_5Yob0f872P_Q&s=19 - Check out my mental health non-profit, YouAreLoved: https://youarelovedlife.com/ Subscribe to my newsletter: https://aaronmachbitz.com/ Something For Everybody Merchandise → https://shopforeverybody.com/collections/somethingforeverybody - #Lessons #Failure #Business - 02:32 Discussion about owning failing businesses 08:02 The end can sneak up on you 11:19 Taking responsibility for failures 13:57 The importance of luck in success 19:27 Taking failures personally 23:54 How you react to failure matters 27:13 The roller coaster of business shutdown 28:53 The impact of business failure on health and life 35:19 The Stockdale paradox 36:43 Failure always has a silver lining 48:07 Building great teams 53:08 Conclusion - Episode 225 of Something For Everybody (Filmed on January 11th, 2024) - Intro music by Residual Audio (Residualaudio.com) Edited by Ben Rogerson (@BenRogerson_) - Join the Something For Everybody Community on Patreon: https://www.patreon.com/AaronMachbitz Join the Something For Everybody Community on Reddit: https://www.reddit.com/r/SFEverybodyPod/ Check out my mental health non-profit, YouAreLoved: https://youarelovedlife.com/ - Listen to all episodes online. Search "Something For Everybody" on any Podcast App or click here: Apple Podcasts: https://apple.co/3qfzetB Spotify: https://spoti.fi/3Ymc2qj - Get in touch in the comments below or head to... Instagram: https://www.instagram.com/AaronMachbitz Twitter: https://twitter.com/AaronMachbitz Facebook: https://www.facebook.com/AMachbitz Website: https://aaronmachbitz.com Email: https://www.aaronmachbitz.com/contact/ ... https://www.youtube.com/watch?v=dalfFwyB3AU