Michael is best known in the business world as founder and President of Paranet, Inc., a computer network services company. As an INC. Magazine Entrepreneur of the Year and a two-time “Inc. 500 Fastest Growing Company” winner, Michael grew Paranet in 6 years to 27 offices, 1600 employees and revenues in excess of $100 million and ultimately sold the company to Sprint in 1997.
Since then he has focused on philanthropy, investments and a variety of business interests. Community involvement is an enormous part of Michael’s life and he has served on a variety of children’s and civic boards.
His family foundation, The Holthouse Foundation For Kids, focuses proactively on at-risk youth. His philanthropic venture is called Prepared 4 Life which prepares middle school youth for life through fun, proactive and experiential after-school programs infused with life skills, character education and entrepreneurship. His newest venture is Lemonade Day, which is a community wide education event teaching youth how to start, own and operate their very own “Lemonade Business”.
The most treasured part of Michael’s life is spending time with his wife Lisa and their four children.