4.8 • 2.7K Ratings
🗓️ 4 December 2024
⏱️ 14 minutes
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0:00.0 | Thank you guys for joining me for another powerful moment from one of my favorite episodes. |
0:05.0 | This is a highlight clip to enhance your week. I hope you enjoy. |
0:09.0 | So, obviously you had a very successful exit with Sweat, a $400 million exit at age 29? |
0:17.0 | Well, I think it was two weeks before my 29th birthday. |
0:21.4 | No way. |
0:24.8 | Okay, so you were still in your 20s, which is considerably young. |
0:29.9 | What was it like to have that level of financial success at that age? |
0:38.5 | Yeah, so going back to my very early 20s, so even before, I also even before that, so I left home, |
0:42.0 | you know, and I was working like two or three jobs, you know, kind of after high school, |
0:45.3 | you know, making like $30,000 a year, $40,000 a year. |
0:46.9 | And that was like a lot at that point. |
0:54.8 | Like, for me, it was a lot, you know, to starting PT, you know, did about 150K in my first year, you know, and then three years after that, |
1:03.1 | did about 10 million, right? So the curve of like, like, you know, the financial, you know, or like wealth generation or income generation was, like, quite, you know, aggressive early on. |
1:07.4 | So I think, like, by the time I got to, like, actually selling the organization and you obviously got got some money as a part of that, I think like by the time I got to like actually selling the organization and you obviously |
1:11.7 | got got some money as a part of that, I think there was two things happened at the same time. |
1:16.2 | Like one was, okay, well, now kind of hit a point where that's never ever going to be a |
1:20.6 | problem in my life unless they've made a whole bunch of really bad decisions, right? So presumably |
1:24.6 | there's a decent degree of safety there but then like outside of the money |
1:29.0 | what ended up happening which you know i probably naively didn't really consider enough was |
1:34.0 | it had a massive identity crisis like almost immediately after doing the deal because we i'd worked |
1:39.3 | very diligently in the background to set the organization up so that it would effectively run itself. |
1:45.0 | So by the time we sold the company, you know, with a kind of grain of salt, I would really do |
... |
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