Michael Drake

Michael Drake Email and Phone Number

CEO, Entrepreneur | Helping Leaders and their Teams with the Mastery of Growth, Profitability and Purpose @ JM Drake Enterprises LLC
Michael Drake's Location
Memphis, Tennessee, United States, United States
Michael Drake's Contact Details

Michael Drake work email

Michael Drake personal email

n/a
About Michael Drake

Michael is a proven results-oriented CEO with over 30 years’ experience creating, leading, restructuring, and growing technology finance and services organizations from the entrepreneur to exit stages. He has demonstrated the ability to develop strategic vision, build successful teams, innovate, execute business plans, create and maintain culture, and implement organizational change. He began his career as a banker where he quickly became a crisis management specialist and applied that experience within one of the largest technology finance organizations as it restructured, innovated, and grew its operations globally. As an entrepreneur, Michael founded a pioneering IT managed service provider that delivered one of the earliest “as-a-service” models providing all infrastructure and services he trademarked under the term IT-as-a-Utility™. After his successful exit, Michael authored "The Bliss Journey: Becoming the Hero of Your Own Story," a set of 14 leadership principles for entrepreneurs, business owners, CEOs, and C-level executives to create a culture for maximum impact, profitability and purpose based upon his 27 years as a CEO. Through his consulting practice, Michael now guides business leaders and their organizations as they strive to become market leaders.Specialties: Visionary Leadership, Strategic Planning and Execution, Marketing and Branding, Talent Acquisition and Retention, Business Development, Coaching/Mentoring, Transaction Structuring, and Private Equity and M&A.

Michael Drake's Current Company Details
JM Drake Enterprises LLC

Jm Drake Enterprises Llc

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CEO, Entrepreneur | Helping Leaders and their Teams with the Mastery of Growth, Profitability and Purpose
Michael Drake Work Experience Details
  • Jm Drake Enterprises Llc
    President
    Jm Drake Enterprises Llc Dec 2019 - Present
    Michael is a management consultant delivering Organizational Assessments, tailored coaching, and development programs to mid-market recurring revenue organizations striving to become their market leaders. A CEO from age 30, Michael’s three decades in business have included acting as a crisis manager, a turnaround specialist in banking and finance, and a company founder, pioneer, and industry maven in technology services. Having authored "The Bliss Journey: Becoming the Hero of Your Own Story" in 2020, a set of 14 principles for business owners and organizational leaders who strive personally and professionally for maximum impact and results, Michael is a keynote speaker on topics including The Entrepreneurial Mindset, Innovation and Best Practices In Technology Management, The Intersection of Purpose and Peace For a Leader, and Business Success Leveraging Mental Wellness.
  • Masterit
    Ceo
    Masterit Jan 2005 - Nov 2019
    masterIT exists to help clients leverage technology to be more awesome.masterIT is an IT managed services provider delivering Technology-as-a-Service to wide variety of organizations and verticals. Under Michael’s leadership, masterIT grew profitably since its inception, achieved numerous industry recognitions including the MSPAlliance Accreditation, The MSPmentor 100 and 501 – the industry’s ranking of the most successful managed service providers globally 11 years in a row, and CRN Magazine’s 40 Most Innovative MSP’s in North America. The Memphis Business Journal also named masterIT a 2013 finalist for Business of the Year. In 2012 Michael was named to MSPmentor’s inaugural industry Hall of Fame Class, and he was a finalist for Memphis Business Journal’s Executive of the Year.masterIT achieved top 5% industry KPI's including recurring revenue growth, gross margin %, net profit %, leverage per employee and delivery metrics in a North American market with > 50,000 providers.Michael introduced and trademarked IT-as-a-Utility™, the innovative hardware-as-a-service financing structure, which bundled all equipment, software and services in a single fixed-fee agreement, dramatically increasing client acquisition, retention and profitability - a precursor to the as-a-service model in recurring revenue organizations today.masterIT was sold to private equity-backed VC3 of Columbia, South Carolina in November 2019.
  • Econocom Usa, Inc.
    Ceo
    Econocom Usa, Inc. Jul 1990 - Dec 2005
    Founded in Memphis in 1971 as a division of Cook Industries, Econocom USA, Inc. specialized in technology finance and asset management solutions that allow businesses to regain control of their IT budgets and assets. In 1987 Econocom USA, Inc. became a wholly owned subsidiary of the Econocom Group, an international publicly traded (Brussels and Paris Bourse: ECONB) company providing IT infrastructure management services that maximize the business value of IT. Michael became CEO in April 1993 and led all commercial, administrative and strategic activities of the USA technology financial services subsidiary of the global publicly traded Econocom Group (Euronext Brussels Market: ECONB) operating in ten countries worldwide with complete P&L responsibility. Under Michael's direction, Econocom USA grew its IT portfolio to over $100 million in 48 states. Michael also created and launched PartnerLink, a SaaS-based vendor leasing initiative recruiting and supporting third-party vendors by providing financial and asset management solutions for their products and services.Prior to assuming the CEO role, Michael served as its Lender Relations Manager from July 1990 to December 1991 and its Vice President of Lease Finance from January 1992 to March 1993. Econocom USA sold its operations to The Meridian Group in Chicago effective December, 2005.

Michael Drake Skills

Management Cloud Computing Managed Services Leadership Strategic Planning It Management Consulting Team Building New Business Development Networking Disaster Recovery Entrepreneurship Management Consulting Sales Voip Public Speaking Saas Budgets It Strategy Sales Management Strategic Partnerships Virtualization Strategy Solution Selling Project Management Data Center Enterprise Software Network Security Unified Communications Professional Services Business Continuity It Service Management Thought Leadership Account Management Financial Analysis Incubation Forecasting Turn Around Management Start Ups Small Business Executive Management Leadership Development Budgeting Business Development Software As A Service

Michael Drake Education Details

  • The University Of Memphis
    The University Of Memphis
    Finance

Frequently Asked Questions about Michael Drake

What company does Michael Drake work for?

Michael Drake works for Jm Drake Enterprises Llc

What is Michael Drake's role at the current company?

Michael Drake's current role is CEO, Entrepreneur | Helping Leaders and their Teams with the Mastery of Growth, Profitability and Purpose.

What is Michael Drake's email address?

Michael Drake's email address is md****@****-it.com

What is Michael Drake's direct phone number?

Michael Drake's direct phone number is +190126*****

What schools did Michael Drake attend?

Michael Drake attended The University Of Memphis.

What are some of Michael Drake's interests?

Michael Drake has interest in Economic Empowerment, Civil Rights And Social Action, Education, Science And Technology, Human Rights, Health.

What skills is Michael Drake known for?

Michael Drake has skills like Management, Cloud Computing, Managed Services, Leadership, Strategic Planning, It Management, Consulting, Team Building, New Business Development, Networking, Disaster Recovery, Entrepreneurship.

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