Summary:
In Episode #237 Nathan speaks with Michael Slavin, author of One Million in The Bank, a CEO and founder, and former commander of two army aviation units. Listen as Michael shares how he ended up losing everything after his service to the military and how he got back on his feet 7 years later to build a business and how he banked his 1^st million dollars.

Famous 5

Favorite Book? – Accidental Genius
What CEO do you follow?— Paul Graham
What is your favorite online tool?— Dropbox
Do you get 8 hours of sleep?— No
If you could let your 20 year old self know one thing, what would it be?— Pay attention on learning technnology

Time Stamped Show Notes:

01:00 – Nathan’s introduction
01:28 – Welcoming Michael to the show
01:39 – 10 years of service in the army
01:55 – Writing One Million in the Bank
02:09 – “I struggled badly for 7 years. I lost everything.”
02:59 – “I raised $203,000 from 4 people –one was a complete stranger”
03:26 – US Emerald Energy
04:11 – How the business makes money
04:58 – From 30% hit accuracy in wells to 85-90%
06:55 – Biggest loss of $1.2M in a well
07:12 – More details on the book
07:48 – Frank Nunez
09:28 – Michael self-published his book
10:33 – 1500 books sold in 5 months
10:47 – How Michael earns from book sales
13:51 – What happened when the audio book had no sales
15:23 – “I spend most of my time taking care of my wife (who has Parkinson’s)”
16:38 – onemillioninthebank.com
19:03 – Famous 5

3 Key Points:

You don’t need a new and innovative idea to be successful.
You don’t need your own money to be successful.
There’s lots of FREE help—you just have to ask.

Resources Mentioned:

Host Gator – The site Nathan uses to buy his domain names and hosting for cheapest price possible.
Leadpages – The drag and drop tool Nathan uses to quickly create his webinar...