#65: Addict to Entrepreneur: Turning Addiction into #1 Rehab Center in the World: Richard Taite

The Founder Podcast

Chris Lee

Business, Entrepreneurship

5 • 1.4K Ratings

🗓️ 9 January 2024

⏱️ 46 minutes

🔗️ Recording | iTunes | RSS

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Summary

In this heartwarming episode of The Founder podcast, we're chatting with the inspiring Richard Taite, the mind behind Cliffside Malibu. He opens up about his emotional journey, including the highs and lows of selling his beloved business. Richard shares his personal struggles with addiction and how it led to the creation of Carrara Treatment Wellness and Spa. His approach to addiction treatment, blending top-notch care with a focus on co-occurring disorders, is truly insightful. Get ready for an episode filled with genuine reflections and Richard's unique perspective on recovery and wellness! Highlights: "Just because you have money doesn't make the problems go away." "We're teaching self-care and self-love because... I've never met a person who wanted to kill themselves with drugs and alcohol who loved themselves." "You have to understand that there's nothing to get, there's only to give." Timestamps: 01:22 Selling the Business and the Aftermath 06:27 Richard's Battle with Addiction 09:54 Childhood Trauma and the Root of Addiction 13:19 First Encounter with Drugs and Escaping Trauma 16:00 Homelessness and the Cycle of Addiction 21:31 Overcoming Guilt and Building a Strong Culture 29:34 Preventing Addiction and Fixing the Family Unit 34:48 Building a Strong Culture and Accountability 41:25 Carrera Treatment Wellness and Spa 48:19 Overcoming Depression and Finding Purpose Live Links: 🚀 Join my community - Founder Acceleration https://www.founderacceleration.com 🤯 Apply for our next Mastermind https://www.thefoundermastermind.com ⛳️ Golf with Chris https://www.golfwithchris.com 🎤 Watch my latest Podcast Apple - https://podcasts.apple.com/us/podcast/the-founder-podcast/id1687030281 Spotify - https://open.spotify.com/show/1e0cL2vI1JAtQrojSOA7D2?si=dc252f8540ee4b05 YouTube - https://www.youtube.com/@thefounderspodcast

Transcript

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0:00.0	You try over and over and over again, but all the failure kind of bums you out.
0:04.4	I'm the worst CEO. The last time I replaced myself, this guy sold my business in 13 months.
0:12.1	He was a killer. He left her company and then I think three or four weeks passed away from fentanyl.
0:20.6	And he scores one time on the street because he's sick one time and he drops
0:25.8	dead of fentanyl.
0:27.0	Yeah, yeah, you, welcome to another episode of the founder podcast today I am joined by Mr Richard Tate.
0:36.4	He is the founder of Cliffside Malibu which when he sold was the most famous incredible rehab center on planet Earth.
0:48.2	I am super stoked to be hanging with you tonight Richard.
0:51.0	Thank you.
0:51.6	Thanks for having me.
0:53.0	Yeah, man. So we are here in his home studio.
0:56.7	The, what did you call it?
0:58.7	The War Room.
0:59.7	The War Room.
1:00.7	Yeah, this is a pretty sweet setup.
1:02.3	He's got to, for those that are watching on
1:04.5	YouTube and Spotify. He's got this really cool setup behind his home. It's got like
1:10.9	a disappearing wall that goes out to the back the backyard area beautiful fire
1:18.1	It's a vibe. It's a good vibe. It's quaint. Yes, sir. So Richard, man, you went and you sold your business about, it was been about five years?
1:29.2	Five and a half years ago.
1:31.2	You sold off to private equity,
1:32.6	it was a nine figure exit.
	...

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