✈️ How to Build Your HoldCo with Michael Girdley

Inside: HoldCo Legend Michael Girdley's Playbook

Author

Yong-Soo Chung
March 13, 2024

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⚙️ How to Build Your HoldCo with Michael Girdley

Before we begin today, I have an exciting announcement to make…

My wife and I are expecting our first newborn next week. It’ll change our lives overnight. Literally.

So, today officially marks the end of the first season of the First Class Founders podcast. But fear not… After a one-week break, First Class Founders will be back.

But this time, it’ll be a written, text-based newsletter only. Why, you ask?

Well, it turns out that crying babies, small one-bedroom loft, and a sleep-deprived new father isn’t the best condition for a podcast. Recording ain’t gonna happen.

But, I have good news. I have a TON to share with you. Like how I sold my first business last month. Or, how I decided to become… an operator again in my e-commerce business?! Yeah, that actually happened.

There’s a lot to catch up on, my friend. So I’ll be back on March 27th. (Mark your calendar!)

But, we’re not ending season one of the podcast without an epic grand finale.

Today’s final episode is with Michael Girdley (@girdley). Yeah, the legendary HoldCo Owner, Chili’s fan, Texan.

On this final episode, I sit down with my friend Michael to discuss how he has built a successful HoldCo. We talk about Michael's "Right People, Right Structure, Right Mission" framework, which he uses to build all of his businesses. Michael shares how to find the best people, set up your business the right way, and get everyone excited about the same goal.

Today, you’ll learn:

  • 💻 PHC Organization Structure

  • 💰 How to Propel the Business into Gear

  • 📈 How to Build Your Own Holdco of Multiple Businesses

  • 📱 'Right People, Right Structure, Right Mission' Framework

Here’s the Hyper-Visual summary for today’s episode.

(Click the visual below to enlarge it.)

Here are a few juicy excerpts from today’s episode to get you flowing:

The Journey: "And what I really discovered was that there's this interesting inflection points in people's lives to when they should sign up to be CEOs of different types of businesses." — Michael Girdley (06:24)

Joyful Career: "I think what people should be doing is thinking about the life they wanna live and the things they wanna be doing, and then build companies around that... joy comes from getting to do things that you really love. So build your business around things that give you joy that you get to do." — Michael Girdley (36:40)

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Yong-Soo Chung — Serial Entrepreneur, Podcaster

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