On CNBC's "The Profit"
Lemonis lends his expertise to struggling businesses in various industries across the country while using his famous People/Process/Product principle. Through his "Three P mantra," he analyzes every business by the quality of people, whether they have an excellent and relevant product, and the best possible process for creating, delivering, and selling that product. Since "The Profit" first premiered in July of 2013, Lemonis has invested more than $35 million of his own money in the companies featured on the series.
As a Result
As a result of successful partnerships on CNBC's "The Profit," Lemonis has added a variety of new product lines and services to his holding company, Marcus Lemonis Enterprises LLC.
Recognized for Making an Impact
Lemonis was recognized for having "more impact on the industry than any single individual or company in recent memory as an agent of change and retail consolidation," when RV Business Magazine named him their 2007 Newsmaker of the Year. In addition, Crain's Chicago Business featured him in their 2005 edition of "40 under 40"; and in 2008, Ernst & Young named him Entrepreneur of the Year. Prior to "The Profit," he appeared on NBC's "Celebrity Apprentice" in 2011 and 2012 and was featured on ABC television's "Secret Millionaire" in 2012.
His Philanthropy Started In College
His philanthropy started in college, where he served as the president of Marquette's Student Athletic Committee and planned a citywide clothing drive to help the homeless of Milwaukee. Over the years, he has also contributed time and money to various organizations including: St. Jude Children's Research Hospital, Esperanza Community Services and the Lollipop Theater Network.