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The Playbook With David Meltzer

How Bankruptcy Taught Me the Secret to True Wealth

The Playbook With David Meltzer

David Meltzer, Entrepreneur.com

Entrepreneurship, Business, Careers

4.61.9K Ratings

🗓️ 20 November 2024

⏱️ 74 minutes

🧾️ Download transcript

Summary

In today’s episode, I join Shawn Lynch and Jenry Kelley from The Success Formula Podcast to share the pivotal experiences that reshaped my understanding of wealth, purpose, and resilience. I discuss my journey from immense financial success to devastating bankruptcy, revealing how losing everything became the greatest turning point in my life. We cover the early days of my career, the drive for success, and the relentless ambition that ultimately led to my downfall. Through that hard-earned lesson, I came to understand the true meaning of fulfillment, fueled by faith, gratitude, and the strength to rebuild from zero.

Transcript

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0:00.0

As the weather starts to cool down, I'm really excited about everything this season brings.

0:05.8

New opportunities, fresh goals, and yes, even the wardrobe change.

0:11.1

I love the feeling of shifting gears as fall kicks in, whether it's in business or life.

0:17.0

So as we all make the transition, I hope you're as excited as I am to embrace the season with a new perspective and maybe a few wardrobe upgrades from Quince.

0:28.1

Quince only works with factories that use safe, ethical, and responsible manufacturing practices, along with premium fabrics and finishes.

0:37.2

And they partner with them directly cutting out the

0:40.3

cost of the middleman and passing the savings on to you i recently picked up their mongolian kashmir

0:47.1

crue neck sweater and an incredible performance gino pants and they've quickly become go-to

0:53.2

staples for me.

0:54.9

As someone who's constantly traveling for speaking engagements or business meetings,

1:00.0

I need clothes that not only look great, but also feel amazing.

1:04.1

And these pieces absolutely deliver.

1:07.9

Upgrade your wardrobe with pieces made to last with Quince. Go to quince.com

1:13.5

slash playbook for free shipping on your order and 365 day returns. That's Quince,

1:22.2

Q-U-I-N-C-E dot com slash playbook to get free shipping and a 365 day returns.

1:31.5

Quince.com slash playbook.

1:33.6

Our next guess is David Meltzer.

1:36.4

And I'm super excited to have them on because I think people need to hear the stories and the

1:42.3

downfalls of what it actually takes before you get successful.

1:45.6

And David, you know, eventually got to $100 million, lost everything, clawed his way back.

1:51.2

And so I think it's super helpful for young entrepreneurs to hear those stories because they're

1:55.5

either probably going through the same things or will go through the same things at some point.

...

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