Mike Tecku built and sold companies, was ready to retire, then his girlfriend went blind in one eye and was diagnosed with MS. She ended up on 50 different supplements and pills a day, and one morning she physically couldn't swallow them anymore.

He put them in a shake. That became Momentum.

In this conversation with Lee, Mike explains why he has no interest in building the billion-dollar version of his company, and what he thinks the private equity playbook is doing to good businesses: outsource the production, the sourcing, the customer service and the distribution, spend everything on marketing, then pass it to the next buyer before the value runs out.

He also gets into why complexity is usually an ego defence. If you make something so complicated only you can run it, you never have to admit you're the bottleneck. His own conclusion: "I need to fire myself as CEO."

Lee shares his side of it too, including the years and hundreds of thousands of dollars in doctors and protocols that made his health worse, and the $8 batches of homemade yogurt that turned it around.

Plus why he sources vanilla from one farmer in Uganda, had a custom enzyme blend developed in Japan, and spends more on single ingredients than most companies spend on an entire product.

More from Mike: momentumshake.com

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