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Jan 15, 2019


Michael Hyatt is the Co-Founder and a Director of BlueCat Networks Inc. He is a tech visionary and is widely known as one of Canada’s top entrepreneurs, a finalist for the Ernst & Young’s Entrepreneur of the Year Award, and a recipient of the Top 40 Under 40 Award. Michael is a self-made millionaire and is currently an investor on the business startup podcast “The Pitch.” He is a Fellow and Founding Partner of the Creative Destruction Lab at Rotman School of Management. Michael attended the University of Western Ontario, is an Honorary Board Member of the Dress for Success Toronto charity and the Chairman of the Hyatt Family Foundation.


Michael joins me today to reveal the differences between being rich and wealthy, along with the ethos that has enabled his success. He shares his views on how entrepreneurs can start and develop successful businesses and discusses entrepreneurism from multiple angles. He explains how technology and AI are changing the world we live and work, and the traits that people will soon need to find success. He also shares his views on why emotional intelligence will be far more crucial than intellectual intelligence, as society further adopts and utilizes powerful computation and data.



“A lot of people think entrepreneurs have a genetic predisposition, but it can all be taught. You simply need to have the toughness to keep going. - Michael Hyatt




Today on I’m A Millionaire...So, Now What?:


  • How being rich and wealthy differ and how Michael’s upbringing has encouraged an ethos of accumulation over spending.
  • How to become a successful entrepreneur and why every new business should strive for a revenue early approach.
  • How Michael decides who to invest in on the podcast startup competition show, The Pitch.
  • How computational power and AI are marching forward relentlessly, making things inexpensive and easily accessible.
  • Why people soon will need traits such as resiliency, adaptivity, and EQ (emotional quotient/emotional intelligence) over IQ.
  • How the world is changing and people are living longer due to medical science, quantum computing, AI, and data.
  • How technology is changing society with huge transformations and why it has never been a better time to start a company.



Michael Hyatt’s Fun Frank Advice for Self-Made Millionaires & Wealthy Families:


  • If you start a company, then you should focus on doing one thing well. If you do start a company and it’s not working out, then it is okay to stop, ask for help, and not to go forward so fast.



Connect with Michael Hyatt:







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