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Entrepreneurs on Fire

From Boobs to Bankruptcy to Billionaires with Matt Haycox

Entrepreneurs on Fire

John Lee Dumas

Content, Passive, Entrepreneuronfire, Podcast, Money, Entrepreneurs, Income, Success, Business, On, John, Marketing, Eofire, Entrepreneurship, Online, Dumas, Niche, Fire, Careers, Media, Lee, Internet, Mobile, Interview, Entrepreneur, Seo, Finance, Social

4.84.1K Ratings

🗓️ 4 April 2023

⏱️ 30 minutes

🧾️ Download transcript

Summary

Once the UK's biggest strip club operator, Matt Haycox was bankrupt by 28. Since bouncing back he has gone on to invest over £500m in uk businesses and help other business owners avoid his prior mistakes.

Top 3 Value Bombs:

1. You could have sat on the couch and wallowed in self-pity and talked about what could have been or you could have gone out and gone back to work to make something happen.

2. Lenders want personal guarantee, so they want to understand what your personal credit profile looks like. More importantly, even if they don't want to guarantee, they want to see how you operate as an individual, because that will dictate how you operate as a business owner.

3. Worst case scenario is you're going to be getting robbed in some way from an unscrupulous finance director or business partner or someone who has got more knowledge than you.

Visit Matt’s website - Matt Haycox Website

Sponsors:

Shopify: The platform that simplifies selling online and in-person! Sign up for a $1-per-month trial period at Shopify.com/onfire!

HubSpot: HubSpot’s all-in-one CRM helps you automate tedious tasks, keep track of all your deals in one place, and make sure your whole team has access to the same data. Get started for free at HubSpot.com!

Transcript

Click on a timestamp to play from that location

0:00.0

Light that spark fire nation, JLD here and welcome to Entrepreneurs on Fire brought to you by the HubSpot podcast network with great shows like duct tape marketing.

0:11.0

Today we'll be breaking down from boobs to bankruptcy to billionaires.

0:16.0

So drop these value bombs. I brought Matt Hacox into EO Fire Studios.

0:20.0

This is the UK's biggest trick club operator. Matt was bankrupt by 28 since bouncing back he has gone on to invest over 500 million in UK businesses and helps other business owners avoid his prior mistakes.

0:33.0

And today Fire Nation will talk about Matt's story. We'll talk about how to come back from losing everything with bankruptcy.

0:39.0

We'll talk about shifting into business loans and how a business order can actually improve their chances of getting funded when they need it and so much more.

0:48.0

And the big thank you for sponsoring today's episode goes to Matt and ours sponsors.

0:53.0

Yes, that's another sale on Shopify the platform to simplify selling online and in person.

0:59.0

Sign up for a $1 per month trial period at Shopify.com slash on fire all the work is go to Shopify.com slash on fire to take your ecommerce business to new heights.

1:11.0

Outbound squad hosted by Jason Bay is brought to you by the HubSpot podcast network the audio destination for business professionals tune in for convos with leading sales experts in top performing reps to help you land more meetings with your ideal clients.

1:24.0

One of my faves the monthly app with Jason Ethan where they share hacks tips and tricks listen to outbound squad wherever you get your podcasts.

1:34.0

Matt say what's up to fire nation and share something that you believe about becoming successful that most people disagree with.

1:43.0

What's up, fine nation. Thank you for having me. It is a pleasure to be here. You know, when it comes to being successful.

1:50.0

I'm not going to say necessarily people disagree with me, but I think the big points people miss is I truly believe you can't be happy.

1:57.0

You can't be successful unless you are happy. Now that sounds really wishy-washy and as we get to talk you probably know that's not my style with business.

2:06.0

I'm very, you know, I want to do it. I want to make the money. But I honestly think unless you're happy, what are we doing anything for?

2:12.0

And that's whether it's business or sport, all the money in the world, all the mebbles in all the world.

2:17.0

If you are not smiling from here to here, then I don't think you're successful.

2:21.0

Well, fire nation as you heard in the introduction and maybe a bright little smile to your face. We're talking about going from boobs to bankruptcy to billionaires.

2:30.0

And we're going to learn a lot of great content around this topic. And I do want to start Matt with your origin story because you have a fascinating story.

2:38.0

We're going to be getting into some of the specifics. But first off, how did you get your start in business?

2:44.0

Well, my dad was a businessman. He was an entrepreneur, he had his own business. So I guess growing up around that probably gave me that entrepreneurial spirit because I guess I didn't know anything else.

...

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