Episode #1056 of Thinking With Mitch Joel is now live.
This conversation with Mike Michalowicz goes exactly where conversations with old friends tend to go: it starts in one place, wanders into several unexpected corners, and somehow finds its way back to the real question underneath all of it. What does it mean to build a better business without losing the human being inside the business? Mike has spent much of his career trying to solve a problem he describes simply: eradicating entrepreneurial poverty. He is the bestselling author of Profit First and many other books on entrepreneurship, small business and practical systems that work with human behavior rather than against it. His latest book, The Money Habit – The Worry-Free Way To Financial Independence, takes the thinking behind Profit First into personal finance, arguing that financial independence is not about forcing ourselves into budgets, sacrifice and habits that most people eventually abandon. It is about designing a system around the habits we already have.
That is the official reason for the conversation.
The actual conversation gets much wider. Mike and I talk about entrepreneurs, small businesses, AI, work, creativity, books, best practices, contemplation and the strange emotional nature of success. We get into whether AI will give people more time or simply create more opportunities to work. We talk about small business owners who may finally get freed from the back-office drudgery and return to the parts of the business where their humanity matters most. We also wrestle with a harder question: does everyone actually want meaningful, creative work, or do some people want work to remain steady, contained and separate from the rest of life? What makes Mike’s perspective so useful is that he refuses to worship conventional wisdom. He is contrarian in the best sense. Not contrarian for sport, but contrarian because most “best practices” are often just successful anomalies that other people tried to turn into formulas. That becomes especially dangerous in the AI era, where everyone can ask the same machines for the same optimized advice and wind up sounding, acting and competing exactly like everyone else. Mostly, this is a conversation about efficiency, humanity and expression. AI may collapse certain kinds of work the way the camera disrupted portrait painting. But, as Mike points out, that collapse can also create new forms of human creativity. The opportunity may not be to automate away the messy, emotional, communal parts of business. It may be to protect them.
Listen to my conversation with Mike Michalowicz here: The Human Side Of Business With Mike Michalowicz – TWMJ #1056.
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