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Mike Michalowicz (pronounced mi-CAL-o-witz) started his first business at the age of 24, moving his young family to the only safe place he could afford - a retirement village. With limited resources and no experience, he systematically bootstrapped a multi-million dollar technology business, sleeping in conference rooms to avoid hotel costs. After selling his first company, Mike launched a new business the very next day, and in less than three years, sold it to a Fortune 500. With his newest multi-million dollar venture, Obsidian Launch, he fosters startup businesses with his "get rich right" approach.

The host of the brand new business reality show, Bailout!, Mike is a graduate of Inc. & MIT's "Birthing of Giants" Entrepreneurial Program. He has received multiple entrepreneurship awards, including the SBA's Young Entrepreneur of the Year. Mike is a recurring guest on CNBC's The Big Idea with Donny Deutsch, ABC News, Fox News and international television programs.

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