Mike Malatesta | Driving Hazardous Waste Trucks, Scaling, and Angel Investing

It is not what happens to you in life which defines you.

It’s how you react to the adversity you face.

Mike Malatesta was let go from a job he thought he had a bright future in. Then, after getting another job, he found himself going back to the dream he had had since the young age of four: starting a business and becoming an entrepreneur. 

It’s never an easy process, but one which Mike was able to accomplish thanks to the family and peers he was able to surround himself with. 

Mike Malatesta is a successful entrepreneur, investor, and podcaster, who founded Advanced Waste Services and went on to create the How’d it Happen podcast.

Join John again this week as he sits down with Mike to talk about fulfilling his childhood ambitions, the job that led him to take the leap into starting a business, and starting his podcast.

In this episode, we also talk about:

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  • Mike’s Background and How He and His Family Moved from Philadelphia to Milwaukee
  • Losing His Job and How Mike Dealt With the Change
  • The Story of How Mike Started Advanced Waste Services
  • How Mike Acquired 14 Companies While He Was Growing His Primary Company
  • Mike’s Thoughts on Groups Like YPO
  • The Positive Experiences Mike had in Those Peer Groups
  • The Program Called “The Strategic Coach”
  • Mike’s Growth into a Mentorship Role from His Experiences in Peer Groups Like Vistage and YPO
  • How Mike and His Wife Sold their Business and Why They Decided to Sell
  • What Happens After a Company is Sold and How Mike Dealt with the Change
  • Why Mike Started the How’d it Happen Podcast
  • Getting Energized from Podcasting
  • Mike’s Investments and How He got Started
  • Who Mike Thanks for His Success

Resources Mentioned:

Sponsor: Rise25

Today’s episode is sponsored by Rise25 Media, the done-for-you lead generation service to get you a steady flow of new leads, prospects, referral partners and strategic partners coming in the door every month, month after month.

Rise25 Media was created by myself and my business partner, Dr. Jeremy Weisz, and is part of our mission to help connect more entrepreneurs with their ideal prospects and referral partners.

We do this through lead generation and proactive outreach, and we do this through our done for you podcast service, which is the #1 thing I’ve done in my business and life.

To learn more, book a call with us here.

Check out Rise25 to learn more about our done-for-you lead generation and podcast services.

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Episode Transcript

John Corcoran  0:40  

Alright, welcome everybody. My guest on the show is Mike mela testa. He’s a seasoned experienced founder CEO entrepreneur based out of Minneapolis he founded advanced waste systems grew it from nothing to $45 million a year in revenues, and 150 employees and then sold it to a public company.

Now he’s the host of the how’d it happen podcast and an investor and a wise guy. I was connected to him by our mutual friend Todd Barden A while back had a great conversation and thought that he had some wisdom he could share on the show so excited to talk to him but first before we dive into that, this podcast is brought to you by rise 25 media which is our done for you agency focused on helping b2b businesses to get more clients referral partners and strategic partners through done for you podcast and done for you content marketing, and lead generation. Our company has over 20 years of experience with podcasting. And I firmly believe in Mike, I imagine you agree with this as well. Starting a podcast is one of the best things that you can do for your business. And for you personally, if you do it right. It is one of the most rewarding things one of the most enjoyable things. It’s business development, networking, client acquisition, it’s all of those things wrapped into one. And so I’m just such a big fan of it and our missions arise. 25 is to help more business owners to you

use that tool and also to help frankly make the world a smaller place by creating greater connections, helping to connect more entrepreneurs and business owners with their ideal prospects ideal referral partners and just frankly, people that they love to connect with and talk to, in a great conversation. So to learn more about that you can visit us on the web at rise. 25 dot com. All right, Mike. So I’m excited to talk to you but first, Mike, you’ve got this great story. You move from Philadelphia to Minneapolis in about 1990. And you you got I think you are newly married, and it didn’t work out so well. So tell me a little bit about what happened when you got there. 

Mike Malatesta  2:50  

Sure, john. Thanks. First of all, thanks for having me on the podcast. It’s such a thrill to be on your show. Yeah, I am in Milwaukee, not Minneapolis.

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