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Clarity

Mike Magolnick

Dallas/Fort Worth Area

3x bestselling author, social/mobile/digital media, blockchain, cryptocurrency, brand strategy, entrepreneur, change agent, reputation management, perfectionist. More than 35mm global connections. CEO of The POTENTL Agency | www.POTENTL.com | Mike Magolnick CEO | 2-time President of North Texas Mensa | Mike Magolnick MENSA

$4.17/min

1 Call

60 Reviews

36 minutes
Avg. call

Marketing Social Media Sales Management Business Strategy Leadership Development Training & Development Reputation Management Organizational Leadership Website Monetization

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Blockchain & Cryptocurrency

Expert level understanding in the world of Blockchain and Cryptocurrency. Mike has been involved with Bitcoin since 2010 and has also gained significant experience with Ethereum technologies. Mike has a certificate in Blockchain, Bitcoin, and Cryptocurrency from Princeton University.

Reputation Management

As the current CEO of The POTENTL Agency and a recognized expert in Social and Online Media/Marketing, Mike has extensive experience with strategies for improving an online reputation.

Social Media

Mike is one of the most connected people in the world, with more than 35 million personal contacts. Mike’s blog entertains thousands of people each day. His Facebook page has grown to more than 20,000 fans and he has more than 200,000 people following him on Twitter. Mike has consulted with companies all over the world on social media strategies and continues to host seminars and webinars training thousands on social media for business.

http://www.Magolnick.com

Domain Names / Website Management

Mike was the founder of SolutionHome.com and the developer of the Internet’s first, and most successful domain name appraisal system. Mike was a pioneer in the domain name aftermarket and was interviewed for the Wall Street Journal, American Venture Magazine, the NY Times and others. For 2 years Mike was the host of a very popular online news show called The DOT Report.

Public Company Responsibility

The public market is a tough place to navigate and sometimes you need someone with experience to educate and guide on both the good and the bad. Public companies are held to a very high standard and it’s important to understand the ins and outs of public company compliance. Mike has a degree from Tulane Law School in Corporate Governance.

Answers 25
Reviews 60

Answers

Mike Magolnick answered

How to survive from burnout?

Great answer by Stuart. I would also add that you need to know WHY you are doing what you are doing. Your why is critical to not getting burned out. When your business centers on why you opened the doors in the first place, what problem you are solving and is about more than a product/service and customers, that's when you don't have to worry about burnout.

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Entrepreneurship

Mike Magolnick answered

My app, Capitol Bells, is disrupting an obscure market - Congress & US political organizing. Does it make sense to pursue angel funding?

I agree with Dan. It's always better to avoid outside investors. If you MUST get investment, make it count and be prepared to show exactly how you will make money and how the investor will be repaid.

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Social Entrepreneurship

Politics

angel investing

Mike Magolnick answered

How do you become a great startup CEO?

Truly understand the WHY behind what you are doing and be the example to everyone (employees, partners, customers, etc.) on how to do things right.

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Early-stage Startups

Startups

Mike Magolnick answered

How do you create work-life balance?

Set parameters based on life, not work. For example, commit to never miss a child's event or date lunch/dinner. Leave work at work. Take vacations without your smartphone, iPad and computer (something I struggle with!).

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Business Coaching

Entrepreneurship

Productivity

Mike Magolnick answered

Working on a startup concept that will gamify and reward social sharing for the entertainment industry. Could be own platform or plug-in Thoughts?

I have quite a bit of experience with this. My advice is to create a plug in tool that can be licensed not just in the entertainment vertical but other similar verticals. That's one key way to develop clients that will never leave you because it will be part of their business.

Then as a business you can focus on product enhancements and cross promotions to new verticals.

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Startups

Lean Startups

Social Media Marketing

Mike Magolnick answered

What is the best way to find founder mentors in the tech space?

Personal referrals or LinkedIn

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Startups

Entrepreneurship

Mike Magolnick answered

What are the best books and blogs a tech CEO should read?

Mashable is the best blog a tech CEO should connect with. There are literally hundreds of books to sort through and you need to find books specific to what you are doing and what you will connect with.

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Startups

Early-stage Startups

Mike Magolnick answered

How much time should a startup ceo devote to reading?

There is no formula for that. Read as you need to. Have your mentor(s) suggest books that are specific to your needs. A good starting point might be one relevant book per month to start. There are also those book summary services that can give you the themes of the books in 5 minutes of reading. Subscribe to that and then you can get the full versions of the books you connect with best.

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Startups

Entrepreneurship

Mike Magolnick answered

As an entrepreneur, what are the top reasons you'd NOT want to raise capital on a crowdfunding platform?

I think the main reason would be the obviously mis-perception of the value of your company. I do believe people still look at crowdfunding sites like kickstarter and indiegogo as hobby or fun-type of investing as opposed to serious investment. Another reason would be the amount of investment dollars you are looking for and the unknown aspect of whether you could hit that target or not. With some crowdfunding platforms it's all or none in terms of hitting the investment goal amount and being able to actually use the investment, which poses a concern that if you ask for $1mm and you get $990k the entire effort could be lost.

All that being said, crowdfunding is an extremely viable resource and should be considered by everyone - at least for their early stages.

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Crowdfunding

Raising Venture Capital

Startups

Mike Magolnick answered

I would like to pursue a career as a business analyst. I have experience on the business side but none in SQL or databases, how should I get started?

Easy... Contact companies you would want to work for and offer to intern or work for free for a few days/week under someone with that experience. Soak in the info. Help them in other areas. Ask a lot of questions as if you are completely new to the field.

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Career Development

Business Analysis

SQL

Mike Magolnick answered

What do you ideally need in place to raise Seed Funding? Will an idea and a good team get funded or do you need company with hundreds of customers?

1. Very clearly identify the problem you are solving
2. Identify how the team you've assembled will help solve the problem
3. Explain how the investor(s) will get their money back!

You don't need hundreds of customers but at least a few success stories are critical. You must prove the case for your concept.

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Seed Capital

Raising capital

Reviews

I have been working with Mike for over 10 years now and he is a great man that you can trust. He does what he says and his work is always top notch. If I was ever in a position to have him come aboard to help run my company I would at the drop of a hat.

David Moceri
www.TriggerResults.com

David Moceri Source: LinkedIn

Great to be part of Michael's trusted network! Always a pleasure to be professionally associated with a consummate professional like you! Highly recommend to all others. Thank you.

Steven Burda, MBA Source: LinkedIn

Michael have great sources to help me out with my clients, Michael is big help to help me.

Ken Sorrentino Source: LinkedIn

Michael is a dedicated professional to his work and to the people he is offering hi quality services.

Azouz Bachouche Source: LinkedIn

Michael was a proficient person and very detail oriented. his focus and determination will purely allow his success to increase in value over time.

Peter Benjamin Source: LinkedIn

Mike is a tremendously driven and success oriented employee. He has tremendous creativity and posesses some of the most dynamic personal communication skills you will come across. Meet him and you will immediately understand the basis for my recommendation.

Harry W. Hersey III Source: LinkedIn

Michael has one of the keenest minds and a most remarkable networkers I have ever had the pleasure to know. He is a rare individual who has an incredible knack for remembering people. Couple that with his enthusiastic approach to marketing strategies and you have someone who loves people and gets results.

Gregg Corella Source: LinkedIn

Although I have not worked with Michael directly, I believe that he is a straight forward and trust worthy guy. I would recommend him based on previous conversations and responses from his previous clients. Michael seems to be an expert in his field and would surely make a good business partner. Good luck Michael!

Max Fisch Source: LinkedIn

A systematic and smart manager who knows how to manage work and the teams he deals with. He is a Coherent planner and has a knack for detail and analysis which helped him turn around solutions in no time.

KIRIT B.R Source: LinkedIn

Michael is a dedicated and self motivated and hard working entrepreneur. his networking skills are very great and this is evidenced by his number of direct contacts known to him. He has innovative ideas and concepts and works with his contacts with same vigour and versatality. He is a good source of information and good business associate, partner and who works on a win win approach for all the concerned.

Badri Narayana Rao (yenbeecons@gmail.com) Source: LinkedIn

Mike Magolnick is a very professional business planning expert. He is extremely creative and knowledgeable. His business plans and marketing strategies are held at the highest standards. It is my pleasure to recommend him personally and professionally.

Iurie Vlasov Source: LinkedIn

Member since May 2013