Scaling Beyond the Startup with Michael Noicos

The Playbook With David Meltzer

David Meltzer, Entrepreneur.com

Entrepreneurship, Business, Careers

4.6 • 1.9K Ratings

🗓️ 14 February 2024

⏱️ 19 minutes

🔗️ Recording | iTunes | RSS

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Summary

In today’s episode, I welcome Michael Noicos, managing director of Noicos Enterprises and CEO at Banx Management. We explore the misconceptions of overnight success, emphasizing the importance of early skill and knowledge development for long-term achievements. Michael shares his pivotal shift from engineering to entrepreneurship, highlighting his journey through drop-shipping and overcoming business challenges. Our discussion evolves to the significance of transitioning from working in the business to strategizing on its growth, the critical role of discipline in fostering good behaviors, and the future influence of AI in business. This conversation offers a profound look at building success through persistence, innovation, and the essential blend of technology and personal skills. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	This is the Playbook, where each week I bring you some of the greatest athletes,
0:05.6	celebrities, and entrepreneurs to talk about their personal and professional
0:10.5	Playbook to success. This is David Melter with entrepreneurs,
0:14.3	The Playbook, and I have a treat for you live
0:17.9	from the greatest stadium in the world ever built.
0:20.4	It's amazing what $5.5 billion dollars will build you including a billion
0:24.5	dollar screen behind my friend an amazing entrepreneur Michael Neukas the
0:29.9	managing director at his own enterprise,
0:32.7	Noikus Enterprises, and CEO at Banks Management.
0:36.3	Welcome to the playbook.
0:38.0	Thanks, glad to be here.
0:40.0	It does elevate your emotions as a business person
0:43.8	to see one of the greatest entrepreneurs
0:46.1	from dirt build something like this.
0:48.6	When you see something that either stretches
0:51.8	or maybe even goes beyond your imagination.
0:55.0	Does that create fear or does it excite you that maybe you're thinking too small?
1:01.0	Pure excitement. I mean I've read the book about
1:03.6	Walmart and I actually just recently learned about 10 minutes ago that this whole
1:08.1	stadium was well built by the person that founded Walmart I've read that book and it just goes to show you that things that start small even in all of my companies like I used to think oh when I was at university, say for example, $5,000 a month, if I could earn that
1:25.8	passively, oh, I could live like a king, right?
1:29.9	As I knowively thought when I was, say-19 years old because that's just the
	...

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