From Bankrupt & Crippled To $4M Exit In 24 Months w/ Jared Springer
Capitalism.com with Ryan Daniel Moran
Capitalism.com
4.8 • 793 Ratings
🗓️ 6 November 2023
⏱️ 65 minutes
🧾️ Download transcript
Summary
A few years ago Jared Springer lost all feeling in his legs and was rushed to emergency surgery. At 29 he was using a walker to get around and after his son had his own health issues as well, Jared and his wife had to file for bankruptcy.
Today he has built and sold a business for $4 million and he has more or less retired while helping other entrepreneurs as a coach in The One Percent and a writer.
In this episode Ryan interviews Jared about his journey building and selling an ecommerce brand for dog lovers and everything he has learned about life and business since becoming financially independent.
His incredible personal story serves as an inspiration for anyone who has obstacles to overcome on their own journey as an entrepreneur.
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Timestamps
(0:00) - The Story Of Jared Springer - 0 To $4M Exit
(1:40) - Interview Begins
(2:00) - Starting A Brand After Medical Bankruptcy And Surgeries
(5:20) - Maintaining A Positive Mindset Through Hardship
(7:30) - Jared Loses All Feeling In His Legs At 29 And Gets Emergency Surgery
(11:30) - Using Pain As A Catalyst For Change
(13:00) - Finding Ryan Daniel Moran & The Capitalism Community
(17:00) - Getting Started In Retail Arbitrage
(21:00) - Early Success And Shipping Challenges
(25:00) - Building A Team To Help Fulfill Orders
(30:10) - Building A Brand For Dog Lovers And Exiting For $4 Million
(34:30) - Overcoming Excuses & The Fear Of Success
(38:30) - Taking Radical Responsibility Over Your Life
(44:10) - Jared's New Book - "I'll Be Happy When"
(47:40) - Living A New Life After The $4M Exit
(54:30) - Finding Work Life Balance & Happiness
(1:01:30) - Ryan's Conclusion And Takeaways
Transcript
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| 0:00.0 | From bankrupt, crippled, and depressed to a successful multi-millionaire entrepreneur in less than two years. |
| 0:12.4 | This is the story of Jared Springer. Within two years of finding my work, he had a multi-million |
| 0:18.3 | dollar business that he sold for a cool $4 million. |
| 0:22.6 | In this interview, we are going to talk about what product he sold, how he took it to market, |
| 0:27.6 | how he sourced the product, how he got to the first million. |
| 0:30.6 | But more importantly, you're going to hear all of the obstacles that Jared had to overcome |
| 0:36.6 | in order to get to that level. And if Jared can |
| 0:39.1 | overcome what he faced, then you are left with no excuses. At the end of this interview, |
| 0:44.9 | I also asked Jared what life looks like after an exit. Going from broke and crippled to a |
| 0:50.3 | multi-millionaire in a very short period of time, that's a big life change. And so we go |
| 0:54.6 | through what life looks like and how things change after you've had a big success. But my favorite |
| 1:00.1 | part of all of this is that Jared is now one of our coaches inside of our community. And he only does it |
| 1:06.9 | because he cares so much about investing in and mentoring the next crop of success stories. |
| 1:12.9 | So if you're watching this and you're thinking, I'm too late, Jared got started at the right |
| 1:17.9 | time, I want you to know that half the people that come on this show who are success stories |
| 1:23.6 | just come on because they care about the next crop of success stories. They started |
| 1:28.0 | where you are watching the YouTube videos, listening to the podcast, reading the book, and they've all |
| 1:33.8 | had success. And now they all have an interest in seeing you be in the next crop of success stories. |
| 1:39.9 | All right, let's dive in with Jared. So, Jared, the way that I often like to start these is just |
| 1:43.6 | to ask, how did you make your money? |
| 1:45.5 | How did I make my money? |
| 1:46.8 | Well, I actually made my money because of you. |
... |
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