Michael Richman
EOS Implementer/ Business Coach
My Story
I'm a fourth-generation entrepreneur who believes that small business ownership is one of the most powerful ways to create lasting change. From an early age, I was immersed in the world of entrepreneurship, learning firsthand the challenges and rewards that come with building and leading a business.(Voyage LA)
Over the years, I owned and operated a second-generation, multi-million-dollar custom manufacturing company. We partnered with renowned brands like Panda Express, Four Seasons Hotels, and Ritz-Carlton, delivering high-quality solutions that met their unique needs. During my tenure, we doubled the company's size and increased profitability margins by 20%, culminating in a successful exit. (betterbusinessbetterlife.co.nz)
However, the journey wasn't without its challenges. Like many business owners, I faced sleepless nights and operational hurdles that left me feeling stuck. Everything changed when I discovered the Entrepreneurial Operating System (EOS). Implementing EOS brought the clarity and structure my company desperately needed, leading to a 50% increase in revenue and a 75% boost in EBITDA.
This transformative experience ignited a new passion in me: helping fellow entrepreneurs navigate their own journeys. Today, as a Certified EOS Implementer®, I work with small to medium-sized businesses (10-250 employees), coaching leadership teams to get the most out of their businesses through vision, traction, and healthy.
Beyond my professional endeavors, I hold a degree in Communications from the University of Southern California (USC) and an MBA with an emphasis in Small Business Entrepreneurship from California Lutheran University. I'm also deeply committed to community service, serving as a mentor at USC for first-generation college students and actively participating in the Los Angeles Chapter of Entrepreneurs’ Organization (EOLA), where I chair the Finance Committee.
When you work with me, expect straightforward, no-nonsense guidance tailored to your unique goals. Together, we'll build a solid foundation for your business, ensuring sustainable growth and a fulfilling entrepreneurial journey.