My name is Mike Fallat and I have been an entrepreneur since 2008. It took me 10 years to figure out what my strengths were in the business game. I knew I had grit. I knew I had drive. I knew I had resourcefulness. I knew I had initiative. I knew I had the ability to talk to strangers. But, I didn't know how far I was willing to go. You think it's going to be 1-2 years before life balances out. And then you realize that the grind is not a sprint, it's a marathon. It

Starting a business from the ground up requires more than just hard work. It requires mistakes. And unfortunately, those mistakes cost a lot of money. So, it doesn't take a brain surgeon to realize that having money and connections (from the very beginning) makes it easier to get in the startup game and take big risks. In an article featured in INC. Magazine, it highlights the chance of success goes up when you are born into wealth and connections. In 2008, I threw my hat

If you inherited money and connections, do you have the right to teach people how to become wealthy? I think this is something that needs to be discussed more openly. I am seeing too many entrepreneurs on facebook and instagram (especially tech-related entrepreneurs), come from a background of wealth, connections, and money - yet they never disclose it. In my opinion, unless that is totally disclosed to the audience, it is fraud. If you are teaching people how to do anything

As an entrepreneur, it's not your job to create an industry. Your job is to revolutionize one. Steve Jobs didn't create computers. Mark Zuckerberg didn't create social media. Grant Cardone didn't create sales training. Anthony Robbins didn't create motivational seminars. Patrick Bet-David didn't create insurance. And Henry Ford didn't create cars. But, make no mistake about it, they did revolutionize the industries they are in. Entrepreneurs increase convenience, make

Marcus Aurelius, the last of the so-called Five Good Emperors, has a very powerful quote that says "You could leave life right now. Let that determine what you do and say and think." I love those words. It's easy to forget that everything around us is a gift. I mean c'mon, we are given TIME on this planet, during a time-period where so much is possible. The only thing that holds people from going after what they want is the story, or shall I say, the EXCUSE they keep tellin

In the opening line from one of Shakespeare's masterpieces, Hamlet is questioning his actions and looking into the eyes of a skull. It is in that moment he says the famous words "To be, or not to be. That is the question". To this day, there are many people who still argue as to what Hamlet is referring. Is he referring to suicide? Is he referring to revenge? Is he referring to taking action in his life? In my own personal opinion, Hamlet is deciding WHO he wants to becom

The best time of your life and the feeling of momentum go hand in hand. Let me explain... A few weeks ago, I stopped over my parents house for the Sunday night family dinner. It's sort of a tradition nowadays. And since my mom still is the best cook I know, I will never turn down a meal from her. After dinner, I asked my mom a very direct question straight out of the blue. I asked her "Mom, when was the best time of your life?" With tears in her eyes, she responded "When

Have you ever looked in the mirror and saw something that you wish you could change, but you can't? For me, it's my nose. My hockey days did a number on it. And it's one hockey scar that doesn't help my dating life too much. Regardless, it's my nose. I can't do anything about it. So, I own it all the way. (Ok, I could get surgery. But come on, I'm telling a cute story here alright? Just calm down and enjoy it.) Fortunately, besides a person's looks, a person can chang

Entrepreneurs are born leaders. They have to be in order to risk their future for their vision. Being a business owner means that your life (and direction in life) is moreso in your hands than the security blanket of a large corporation. You are tested daily on how well you can problem solve, how well you utilize your resources, and how well you lead others. Your leadership qualities are more important than you can imagine. And I believe leaders are born. Not made. A bo

After reading a recent article written by Brian Rashid and published on Forbes.com, it is becoming quite clear that differentiating yourself from the person next you takes more than a degree nowadays. Anytime you have the chance to stack a trophy, credential, or accolade up on the wall, you should do it. The beautiful part is that it doesn't necessarily take money to do that. It takes commitment, drive, and pure will power. I think that is why I have fallen in love with wr