From $0 to Starting Over: How I Rebuilt My Life After Losing Everything - Tyler Jorgenson

Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business

The Rich Dad Company

Entrepreneurship, Business, Investing

4.1 • 3.9K Ratings

🗓️ 31 March 2025

⏱️ 11 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

👉 Custom Funnel Strategy Blueprint: https://bizninja.com/custom-funnel

In this episode, I take you back to one of the lowest points in my life—negative $17,000 in my bank account, struggling to make ends meet, and desperately needing a way out. I share how I turned that rock-bottom moment into a thriving online business that gave me the freedom to live life on my terms. You’ll hear about the Google spreadsheet that changed everything, why I created a fake persona named “Tony Tigray,” and how I built a scalable, automated business that supported my dream lifestyle.If you’ve ever felt trapped by financial struggles or an overwhelming business, this episode will give you a new way to think about financial freedom—and show you how to start building it today.Key

Takeaways

Financial rock bottom isn’t the end—it can be your launchpad.
Break your dream life into daily costs—it’s probably less than you think.
Automate & remove yourself from the day-to-day to create true freedom.
Not every business is the right business—choose one that supports your ideal life.
A well-structured business can scale without you running everything.

Chapters
00:00 – Welcome to the Rich Dad Radio Network
01:30 – How I hit negative $17,000 and learned a hard financial lesson
04:00 – The Google Spreadsheet that changed my life
07:15 – Breaking down the cost of my dream life
10:30 – How I designed a business that gave me freedom
14:00 – The story of “Tony Tigray” and why I used a fake persona
18:20 – The key to scaling a business without being stuck in it
22:00 – The challenge: Map out your dream life & make it happen

-----
Disclaimer: The information provided in this episode is for educational and informational purposes only. It should not be considered as financial advice or a recommendation to buy or sell any financial instrument or engage in any financial activity.

The content presented here is based on the speaker's personal opinions and research, which may not always be accurate or up-to-date. Financial markets and investments carry inherent risks, and individuals should conduct their own research and seek professional advice before making any financial decisions.

Transcript

Click on a timestamp to play from that location

0:00.0	15 years ago, I had negative money in the bank, a fourth kid on the way, and no idea how I was going to turn things around.
0:07.0	I was staring at my bank account balance, and I was realizing that my career wasn't going to save me.
0:12.2	Felt completely stuck.
0:14.1	That moment forced me to do something that most people never do.
0:17.9	I mapped out exactly how much money I was going to need to live the life of my
0:22.2	dreams. And then I built a business to help me achieve it. This is the moment that changed everything
0:27.1	for me. And it can change everything for you too. Welcome out to the Rich Dad Radio show, the good
0:32.0	news and bad news about entrepreneurship. I'm your host, Tyler Jorgensen. I appreciate you tuning into this episode
0:38.8	of the show. I'm a new host here on the Rich Dad Radio Network and I'm really excited to start
0:44.4	talking to you more about entrepreneurship and business. So I want to tell you a little bit more
0:48.9	about that time. 15 years ago, sitting there, I believe the number was negative $17,000 I had in the bank account.
0:56.8	This happened because of a series of chargebacks and things that had happened in a previous
1:01.2	business and not knowing that I should keep my personal bank and my business bank separate.
1:07.4	And so, you know, the business was going through its own challenges. I was trying to navigate
1:12.1	that with former partners and do some other things. But the bank wasn't as patient. And they said,
1:17.2	we're not going to wait. We're just going to take all the money out of your personal account
1:20.5	and wipe everything down. So now I'm sitting at negative money. I've got a little bit of money left
1:26.1	on like on PayPal from selling some things
1:28.9	on eBay. And I use that to buy a half of a tank of gas to be able to go to the ultrasound
1:35.4	appointment to find out I was going to have a boy. Our youngest was going to be a boy. And it was a
1:43.1	pretty crazy moment because at that realized, I realized I've got nothing left.
1:47.1	I've actually got to make just enough money to be able to close the bank account so that I can
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from The Rich Dad Company, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of The Rich Dad Company and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.