Serial and Senior entrepreneur
👉 The Scoop – A biology major and chemistry major, Michael went into insurance right after college, became a stockbroker at EF Hutton and Merrill Lynch and then made his first pivot into entrepreneurship launching a self-insurance program for workers compensation. Today, Michael is the founder of Fusebox, an app that allows employers to engage better with their employees.
👉 Decisive Moment #1 – Becoming an entrepreneur.
👉 Unexpected change or event – People live on their phones. Michael himself has 300 apps on his phone. We are a mobile-first society.
👉 What did he do? – Michael holds patents to his name for cleaning water and built a bio-tech company around that. Bought a company from Sallie Mae and took it from zero to $4 billion in insured loans. Created another company –Bright Bucks—to help people delinquent on their student loans.
His latest venture, Fuxebox, doesn’t even have a desktop version. It’s fully and only mobile. Next, by leveraging AI, his app will become predictive, helping employers understand when they might lose an employee.
👉 About older workers – One advice he got from billionaires he’s met: surround yourself with great people. His take: it’s easier to discern greatness when you are over 55.
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