Growing Beyond Boundaries with Michael Siegal

Michael Siegal, Chairman of the Board with Olympic Steel, grew the company from $35 million to more than $1.6 billion in revenue. He knows what it takes to break through the boundaries other people set for you. He discusses with Host Greg Muzzillo that as captain of the ship you cannot panic in the storm, you must be able to embrace change to continue to grow and be successful.

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More about Michael Siegal…

Michael Siegal, Executive Chairman of the Board with Olympic Steel, grew the company from $35 million to more than $1 billion in revenue. In 1974, Siegal joined Olympic Steel, one of the top metal service centers in North America, and ten years later, he became Chief Executive Officer and joined the Board of Directors. During his time with Olympic Steel, he orchestrated seven acquisitions, three major expansions and three Greenfield startups. Siegal led the initial public offering in 1994, receiving the highest ever valuation of a steel company, and a secondary public offering in 1996. Siegel is a national expert in the steel industry and has been awarded numerous business awards including Ernst & Young Entrepreneur of the Year, Metal Center News Steel Man of the Year, and Inside Business’ Northeast Ohio Business Hall of Fame.

More about Million Dollar Monday…

Million Dollar Monday features real successful people with real useful advice for entrepreneurs and people with big dreams. This series is hosted by Greg Muzzillo who many years ago started his own company called Proforma with a small investment of $200 and a lot of big dreams. Thanks to solid advice from some real successful people, Proforma is now a $500 million leader in the printing and promotional products industry with over 600 franchise offices throughout North America. Today, Muzzillo’s big dream is to help aspiring business owners and sales professionals reach their big dreams.

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About The Author

Greg Muzzillo started Proforma as an industry distributor in 1978. The company grew quickly and in the early 1980s Proforma was recognized for three consecutive years on Inc. magazine’s list of the 500 fastest-growing companies in North America. In the late 1980’s Proforma introduced its membership program to empower distributors to retain their business ownership and independence, and to share in sales and marketing resources, purchasing power with industry suppliers, one back office including all billing, accounting, vendor payments, cash flow, computer systems and more. Today Proforma has over 600 Members and is the $500 Million leader in the Promotional Products and Print Industry. Proforma’s record breaking success includes having 18 of its Affiliates named to Inc. Magazine’s 2020 list of the 5,000 fastest-growing companies and 193 Affiliates achieving its Million/Multi-Million Dollar Club with sales up to $38 million.