Michael Russo

Michael Russo resigned his successful position as a commission only Insurance Sales Manager, working for W. Clement Stone's company - Combined Insurance Company of America, in 2003 after reaching his goal to earn $100,000 in a single year.

He began, with his wife, to develop their own business. Initially based predominantly around property development and property trading he developed a multi-million dollar property portfolio in only a few short years. He expanded into retail stores, online sales and seminar workshops to name a few. His biggest challenge was that of developing his retail laundry business in which he expanded to 4 stores within 18 months, one of which he was able to increase the turnover in excess of 800% in less than 2 years.

Having no formal qualifications of any sort, beyond his high school certificate, the majority of his education has been in i. At the age of 14 he began his first 'business', a lawn mowing round, with the help of his father. 12 years later, after having done over a decade of study in the area of business, self-development, motivation and wealth creation, he made his first million at the age 26.

Rapid expansion and exponential growth led to his downfall and by the age of 28 he was left homeless with his wife and two children for a short time and without an income source. After a grieving period he regained his confidence and rebuilt.

Michael believes that, "True success is only attained by those that persist with all fervor and never lose sight of their ultimate objectives. Your true character is defined, not by what you do when things are going well, but by what you do when things aren't". His greatest aspiration is to develop a loving, healthy, happy and productive family life for his wife and children.

Founder of Passive Millionaire Industries, he travels at home and abroad and regularly conducts lectures teaching that the most important aspects of your Financial Freedom plan extend far beyond the boundaries of a fat bank account.

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