How to Build Your HoldCo with Michael Girdley

E75: Michael Girdley (@girdley) needs no introduction. He"s a HoldCo legend. Today, host Yong-Soo (@YongSooChung) sits down with 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. On today’s episode, 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 *** SPONSORS: Riverside - If you have a podcast, do yourself a favor and check out Riverside. It"s 100% free to start. Get 20% off using code FIRSTCLASS. Spotted by Humphrey - If you have a dog, sniff out the DEAL$ and wag-worthy finds at Spotted by Humphrey. Use code FIRSTCLASS15 to get 15% off your next order. *** EXCERPTS: 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) *** LINKS: How to Hire the Best Operators for Your Personal HoldCo HoldCo Masterclass JOIN: First Class Founders Premium Membership DOWNLOAD: Hyper-Visuals For Our Episodes (Free) *** FOLLOW / REVIEW: - Follow - Leave 5-star review *** CONNECT W/ YONG-SOO: - X - Threads - LinkedIn - Newsletter *** First Class Founders is a show for indie hackers, bootstrapped founders, CEOs, solopreneurs, content creators, startup entrepreneurs, and SaaS startups covering topics like build in public, audience growth, product marketing, scaling up, side hustles, holding company, etc. Past guests include Arvid Kahl, Tyler Denk, Noah Kagan, Clint Murphy, Jay Abraham, Andrew Gazdecki, Matt McGarry, Nick Huber, Khe Hy, and more. Episode you might like: Future of Newsletters with Tyler Denk, Founder & CEO at Beehiiv From Zero to 100K Subscribers: How to Grow Your Newsletter like a Pro with Newsletter Growth Expert Matt McGarry ...