Feeling constantly sick, tired, and weighing 300 pounds at 18 years old, Michael Fata embarked on a pursuit of health, which, after much experimentation, led him to the discovery of the benefits of hemp.
Hemp, though often confused with marijuana, has no mind-altering properties and is a great source of essential fatty acids. When Michael founded his company, Manitoba Harvest, not only did he have zero high school or college education, but he was also faced with the challenges of hemp being a product with a brand-new supply chain, laden with numerous regulatory challenges.
However, Michael’s passion for his products, his sound business ethics, and his decision to focus solely on hemp culminated in a hugely successful business. In today’s episode, you’ll hear about the learnings Michael had along his journey with Manitoba Harvest, some key insights from the experience he has had as an investor since he sold his company, and the various other ways he is helping entrepreneurs to succeed in the business world.
“I always took the high road and built the brand known for the best quality and a great company to do business with, and that’s how we really outcompeted all the competitors.” — Michael Fata [0:12:29]
“Our mission was to become the experts in hemp, right from the genetics and the farming operation all the way through to the consumer.” — Michael Fata [0:13:27]
“If you grow a good business and become a leader in your space, and you get to the right scale, you’ll likely have a good opportunity to sell the business. If you overly focus on selling the business it could create the wrong culture and lead to failure.” — Michael Fata [0:14:59]
“I feel grateful that I found my health when I was 18,19 years old, so I too want to make this world a healthier place and I want to help founders make sure that their vision and mission is realized.” — Michael Fata [0:38:16]
Links Mentioned in Today’s Episode:
Mike Fata on LinkedIn: https://www.linkedin.com/in/manitoba-mikefata/?originalSubdomain=ca
Mike Fata on Clubhouse: https://clubhousedb.com/user/mikefata
Manitoba Harvest: https://manitobaharvest.com/
Fata & Fleishmann Mentorship: https://www.fatafleishman.org/
Fats That Heal, Fats That Kill: https://www.amazon.com/Fats-That-Heal-Kill-Cholesterol/dp/0920470386
The Promise of Sleep: https://www.amazon.com/Promise-Sleep-Medicine-Connection-Happiness/dp/0440509017
#EvolveCPG #EvolveTogether #MikeFata #ManitobaHarvest #Hemp