Michael Podolsky

7 statements across 1 episodes · 5 bullish · 0 bearish · 1 people on the record · first statement Mar 30, 2021 by Michael Podolsky · across every show →

On the record as a speaker too: Michael Podolsky's record, appearances and statements → this page counts the times other people say the name.

Everything said about Michael Podolsky, oldest first

Mar 30, 2021 positive
Assertion Not checkable as stated
Podolsky reached profitability in three months on a $100 initial investment
“Our first company that we've started, we've invested a hundred dollars each. It was profitable months three.”
Michael Podolsky Mar 30, 2021 ▶ 6:52 The Thank-You Letter Trick That Shook 10 Top Managers
Mar 30, 2021 positive
Disclosure
Podolsky: WiserBrand leadership runs daily 30-minute standups with five minutes per leader
“In one company, every day, 30 minutes, every morning, US time. There are six of us, so that's five minutes each. And we talk only about very important stuff, what's on the table today. And that has been very efficient. That's for the Wiser brand, for consultin…”
Michael Podolsky Mar 30, 2021 ▶ 19:26 The Thank-You Letter Trick That Shook 10 Top Managers
Mar 30, 2021 positive
Disclosure
Podolsky: Companies remain fully bootstrapped with zero outside investor or bank capital
“Our companies are completely bootstrapped. We never go out and ask for money. Investors or banks. We run our companies very lean, and we only invest our own money.”
Michael Podolsky Mar 30, 2021 ▶ 7:06 The Thank-You Letter Trick That Shook 10 Top Managers
Mar 30, 2021 positive
Insight
Podolsky: Strategic Pauses in Negotiations Are More Effective Than Immediate Answers
“When you're negotiating a deal, sometimes taking the pause is very beneficial at the right time. I am usually a very fast person, fast decision person. I give answers straight away, but in negotiations, taking a walk to the balcony and taking the pause sometim…”
Michael Podolsky Mar 30, 2021 ▶ 23:14 The Thank-You Letter Trick That Shook 10 Top Managers
Mar 30, 2021
Disclosure
Podolsky poaches top employees from his existing companies for new ones
“I actually, as I grow my businesses, I've known to poach good people from old company to build a new company.”
Michael Podolsky Mar 30, 2021 ▶ 16:00 The Thank-You Letter Trick That Shook 10 Top Managers
Mar 30, 2021 positive
Disclosure
Podolsky wrote handwritten thank-you letters to the parents of top managers
“I have a company at that time, two years ago, 80 people, ah, and they have 10 top managers. I've taken 10 pieces of paper, and they wrote a thank you letter to their parents. So I have 10 heads of departments. It was a Christmas party, and for that Christmas p…”
Michael Podolsky Mar 30, 2021 ▶ 22:10 The Thank-You Letter Trick That Shook 10 Top Managers
Mar 30, 2021
Disclosure
Podolsky in-housed development by having hires shadow offshore contractors
“So I started hiring internal developers that were working side by side with that vendor already in my office. And over a period of a year we were bringing on more and more developers in house while reducing our staff with a development vendor. And at some poin…”
Michael Podolsky Mar 30, 2021 ▶ 11:37 The Thank-You Letter Trick That Shook 10 Top Managers
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