Michael Morawski – Stay Out of Trouble by Paying Attention to the Red Flags

<p><strong>BIO:</strong> Mike Morawski is a 30+ year real estate investment veteran. He has controlled over $285,000,000 in real estate transactions.</p><p><strong>STORY: </strong>In 2008, when the economic crisis hit the US, Mike decided to find ways to protect his investors. He moved money from companies that were performing well into those that were underperforming. It seemed to work, but he had not informed his investors about it, so he was jailed for 10 years for fraud.</p><p><strong>LEARNING:</strong> Communicate with your investors regularly and always follow your business mandate. Listen to outsiders and pay attention to red flags.</p><p>&nbsp;</p><p class="ql-align-center"><strong>“Just because you act unethically doesn’t mean you break the law, but enough unethical actions ultimately will cause you to break the law.”</strong></p><p class="ql-align-center">Michael Morawski</p><p>&nbsp;</p><h2><strong>Guest profile</strong></h2><p><a href="https://www.linkedin.com/in/michael-morawski/" rel="noopener noreferrer" target="_blank"><strong>Michael “better known as Mike” Morawski</strong></a> is a 30+ year real estate investment veteran. He has controlled over $285,000,000 in real estate transactions. Mike is an entrepreneur, author, real estate trainer, public speaker, and personal coach with strong personal resilience and a deep desire to help others live an extraordinary life. He has coached hundreds of real estate investors to fulfill their dreams.</p><h2><strong>Worst investment ever</strong></h2><p>Before 2008 Mike’s real estate business was flourishing. Then 2008 came around, and the US was hit by the worst economic crisis the world’s ever seen. Mike believed that he could weather the storm. But, his properties started bleeding. People moved out. In 2010 everything imploded.</p><h3><strong>Trying to protect his investors</strong></h3><p>Things were getting really bad, and Mike tried to find ways to protect his investors. One idea was to take money from good, profitable companies, move it into nonprofitab