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Mike Michalowicz


Michael Michalowicz (born September 24, 1971) is an American entrepreneur, author and television host.

He is the author of the book The Toilet Paper Entrepreneur (published Sept. 2008), is an advocate of a business philosophy by the same name, manages a venture partnering firm called Obsidian Launch and is the host of the reality television program called Bailout!.

Michalowicz was a recurring entrepreneurship expert for CNBC's The Big Idea with Donny Deutsch. He had over ten appearances, including the CES Roadshow series. Michalowicz has also appeared on Fox News, ABC News Now, CNBCs On the Money and Pat Croce's Down To Business.

He authored the book and hosted the reality program as "Mike" Michalowicz as opposed to under his given name, Michael.


The Toilet Paper Entrepreneur

In September 2008, Obsidian Launch released Michalowicz's book The Toilet Paper Entrepreneur. The book is written in an unconventional manner, and emphasizes contrarian business methods. The author argues a successful entrepreneur embodies the flexibility and vision many large companies lack. Michalowicz states that hard-line traditional business planning is ineffective and often detrimental; and that successful growth of a business requires a dynamic planning method, called a 3 Sheet Strategy. In the book, Michalowicz occasionally pulls from his own entrepreneurial background, explaining how funding hampered his company's growth and the lack of invest funds in fact helped his businesses grow quickly and healthily.

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