From 6 Figures to 7 Figures (With Satisfaction & Fulfillment)

If you’ve followed me at all or read my stuff, you know I’m always seeking out the most cutting-edge teachers to learn from personally.

Well, I’m excited to share with you a recording of a live class with my two greatest and *favoritest* teachers and mentors of all, Bryan Franklin and Jennifer Russell, who will be seriously schoolin’ us on:

From 6 Figures to 7 Figures (With Satisfaction & Fulfillment)

If you’ve read my book, you’ll remember Bryan as the dropout millionaire who opens the book, the very first story on the first page of the Introduction (where he gets the chance to run circles around a Harvard MBA). Bryan has created multiple seven-figure business in his career from scratch- with no college credential.  Continue Reading

Emotional Equations With Chip Conley – Live Teleclass

I’m excited to share with you a live teleclass, Tuesday, January 17th, with hotelier extraordinaire and uber-successful self-made entrepreneur Chip Conley, in which he talks about his new bestselling book Emotional Equations.

Chip founded one of the fastest-growing boutique hotel chains in history, Joie de Vivre Hotels, at age 26, grew it to over 30 properties.

He recently left the company, in great shape (both him and the company!) to pursue a full-time passion teaching about how human development fits into management and business growth – starting out with this fantastic book.

I could try to explain emotional equations myself, but probably the best explanation will come from watching the super cool, short animated book trailer Chip put together below. (I promise you’ll learn something new about your emotions by watching it.)

Chip’s basic idea is that most emotions can be understood by breaking them down into their component parts.

For example, here’s one of my favorite of Chip’s equations from the book:

Anxiety = Uncertainty x Powerlessness

Now think about that. Kind of makes sense, right?

If you’re uncertain about something (such as you’re not sure what exactly is going to happen during an adventure trip) but you feel empowered to deal with whatever challenge arises, then you’re not going to feel anxiety, you’re going to feel that tingle of thrill or excitement.

But take the same uncertainty, and add a sense of powerlessness in the face of it, and don’t have thrill, you have that familiar hobgoblin of all entrepreneurs, anxiety.

With these equations, you can actually gain some control (or at least major insight) into your emotions. So, for example, with anxiety, now that you know it is the product of uncertainty x powerlessness, the remedy is simple. If you’re really anxious about something, Chip recommends making a list with four columns.

  • First, what you don’t know about it.
  • Second, what you do know about it.
  • Third, what’s in your power to change about it.
  • Fourth, what’s not in your power to change about it.

This exercise, if you try it, will do two things for you:

1) You’ll actually realize you know a lot more about the situation than you thought (there is less uncertainty), and that you can do more about it that you realize (you are more empowered).

2) By focusing your attention on the columns of certainty and empowerment, you’ll noticeably begin to feel less anxious about the situation.

Try it!

Chip’s book is full of wonderful equations like this, and simple exercises which can change your life. It’s one of the most novel and intriguing takes on our emotions I’ve ever read.

I hope you’ll join us tomorrow, Tuesday, January 17th, at 1pm Eastern, 10am Pacific, to hear Chip tell us all about Emotional Equations, and how you can use these fast, simple techniques to enjoy a better life at home and in your business or workplace.

To register, fill in the form below, and you’ll be given access info instantly.

See you tomorrow!


How to Deschool Your Mind: A Controversial Dialogue With Dale Stephens & Michael Ellsberg

School is not inherently bad —but an exclusive focus on formal schooling as your only education, in the absence of real-world street-smarts, almost always is.

Listen to me in a teleconference with Dale Stephens, founder of and “Chief Educational Deviant” of the Uncollege movement. This movement is liberating young people from constrictive views—foisted upon them by parents and  teachers—about how they should educate  themselves.

How to Deschool Your Mind: A Dialogue With Dale Stephens & Michael Ellsberg
You can listen to the audio of the call below.
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Taking Your Education Into Your Own Hands: A Dialogue With Alexis Neely and Michael Ellsberg

I wrote my book The Education of Millionaires: It’s Not What You Think and It’s Not Too Late because I want to promote freedom.

I believe our current notions of education, and degrees people believe they need in order to succeed, are instead keeping people in chains: keeping them tied down to insane student debt loads, taking time off from work to continue full-time studies for ever-more degrees, and feeling inadequate with their own ability to succeed without the right societal punch-cards.

So, I wanted to take the opportunity to have a free-ranging, raucous, controversial, open dialogue about how to rebel against this insane system, and take your education into your own hands, with my friend Alexis Neely.

Because Alexis, more than most other successful people I know, embodies a full-on commitment to achieve her success while also living a life of freedom, on her own terms, without chains or societal pigeonholes.

We be talked together in dialogue on for 90min live on a teleconferenceListen to the call below.
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What They Don’t Teach You at Harvard Business School: A Dialogue With Victor Cheng and Michael Ellsberg

Four years ago, I was invited to sit in on a small, private, high-level mastermind led by Victor Cheng, a business growth expert who helps businesses grow from $1 million to $10 million, and from $10M to $100M, who is often quoted by reporters from Fox News, MSNBC, Inc. magazine, Entrepreneur, Forbes, Time, and the Wall Street Journal.

The second Victor opened his mouth and started talking, my jaw hit the floor. It stayed there pretty much for the next several hours (I did eventually shut my jaw, after he stopped talking.) I had never heard such a nonstop blitzkrieg torrent of brilliant, counter-intuitive, specific, street-smart “Why didn’t I think of that??!!” business advice, delivered with such precision, confidence, authority and clarity.

Well, on Thursday, 9/22/11, I had the privilege of sharing his insight for 90 minutes live on a teleconference, on the topic of my own upcoming book The Education of Millionaires (which he’s featured in).

We  had e a free-wheeling, shocking, highly-caffeinated, no-holds-barred, controversial, angry-making dialogue together, packed with counter-intuitive, real-world, street-smart career development, education and and business growth strategies that they DON’T teach at Harvard Business School. It will get you riled up to take your career success to the next level.

Listen below!


Here’s some additional info Victor sent to his own list before the event – “straight from the master himself”:


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How to Make Your Work Meaningful and Your Meaning Work: Chapter 1 of The Education of Millionaires

(How to Make a Difference in the World Without Going Broke)

[Note: For the full Introduction to the book, click here.]

A twenty-one-year-old singer, songwriter, and guitarist named David found himself in a hospital in Paris one night, being treated for malnutrition, in 1967. The reason he was malnourished was that he was not making a lot of money and couldn’t afford proper foods, as he played gigs at bars, nightclubs, and dances across France and Spain.

No gig tonight, no eat tomorrow.

Two years before, he was in his sixth form in Cambridge, England (equivalent to the last two years of high school in the United States). David simply stopped going to his A-levels, the series of exams that determine university entrance in the UK. All he really cared about was rock music, and he dove fully into it, playing in local bands and eventually living by his wits, gig to gig, in France and Spain. Had you seen him in that moment in Paris, sickly in the hospital at age twenty-one, lacking funds to feed himself properly, you might not have thought he had made a good choice leaving his A-levels, or that he had any decent prospects in life.

And while that judgment may be correct for most starving artists, in the case of this particular artist—who was starving not just figuratively but literally—such a judgment would be as off the mark as you could get.
David returned to the UK, and later that year, a drummer he knew named Nick Mason asked him to join a little band they were putting together called Pink Floyd. The band went on to sell over 200 million copies of its albums over the next forty-plus years. The Dark Side of the Moon, the band’s most famous album, has sold upward of 45 million copies worldwide and ranks among the greatest-selling, most critically acclaimed, and most influential albums of all time. As lead guitarist, co-lead vocalist, and songwriter for the band that produced so many hits for over forty years, David Gilmour is easily one of the most important musicians in the history of rock. Continue Reading

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The Craigslist Test of the Value of a B.A.: Introduction to The Education of Millionaires

[Here is the full Introduction to my forthcoming book The Education of Millionaires. Since this piece is being made available here a month before the book is being released, Penguin has asked me to include the following proviso: “These are unrevised and unpublished proofs. Please do not quote for publication until verified with the finished book.” Thank you. Enjoy! –Michael]

You’ve been fed a lie. The lie is that if you study hard in school, get good grades, get into a good college, and get a degree, then your success in life is guaranteed.

This might have been true fifty years ago. But it is no longer true today.

If you want to succeed now, then you must also educate yourself in the real-world skills, capabilities, and mindsets that will get you ahead outside of the classroom. This is true whether you’ve been to college or not.

This book shows you the way.

Why Practical Intelligence Almost Always Beats Academic Intelligence

A thirty-seven-year-old Harvard MBA and a twentysomething college dropout, the latter a few credits shy of a film and theater degree from USC, are sitting across each other in a job interview. The MBA is wearing a crisply pressed three-piece suit with a yellow tie. The twentysomething is wearing jeans and a pullover sweatshirt, with no shirt underneath. The twentysomething is unshaven, and the state of his hair suggests that not much grooming had occurred between his departure from bed that morning and this interview.

The interview is going very, very poorly. The interviewer is entirely unimpressed with the academic background the interviewee brings to the table, and feels the interviewee doesn’t have enough experience to provide tangible value in the chaotic environment of a real-world start-up. Continue Reading

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The #1 Mindset Shift for Success in Your Career and Life (and No, It’s NOT “Positive Thinking”!)

Two of my closest friends and mentors—the uber-badass power couple Bryan Franklin and Jennifer Russell—invited me to be interviewed by them live for 90 minutes, on a free call now archived for you here:

“The Entrepreneurial Mindset vs. the Employee Mindset”:
A Live 90-Minute Interview With Michael Ellsberg

Listen below

This call focused on the central theme of The Education of Millionaires: It’s Not What You Think, and It’s Not Too Late. Much of what I initially learned about topic of this call, I learned directly from Bryan and Jennifer (and I credit them in the book.) So it’s an honor to be interviewed by them on this.

So what is “the Entrepreneurial Mindset,” and what is the “Employee Mindset”?

And why should you mercilessly kick out any last remnants of the latter from your mind?

Well, the top question I’m getting about the book is, “What’s the one thing all these self-made, self-educated millionaires and billionaires you’ve been interviewing for the past two years have in common?”

In this call with Bryan and Jennifer, I spilled the beans and shared the answer. Continue Reading