Jimmy John: The Hard Truth About Actually Becoming Successful
The Ken Coleman Show
Ramsey Network
4.6 • 2.3K Ratings
🗓️ 22 July 2025
⏱️ 73 minutes
🧾️ Download transcript
Summary
Transcript
Click on a timestamp to play from that location
| 0:00.0 | In 72, we went bankrupt. We ran out of food. Like we had powdered. I'd bump into the sandwich shop. |
| 0:12.0 | I'm like, boom, I can do this. My dad said to me, I'll lend you $25,000. I'll own 48% and you'll own $52. |
| 0:19.0 | If it fails, you go to the Army. I just been working from 8 to 2 in the morning for 115 days. I brought my bank balance and I had 18,000 bucks in the bank. I'm like, I'm a millionaire. I'm like, this is unbelievable. I've never even seen 18,000 bucks. He started with a $25,000 loan and no backup plan. But through 18-hour workdays, grit, and passion, Jimmy John turned one sandwich shop into a billion-dollar empire. |
| 0:44.0 | There is a movement out there that anybody who's a billionaire has too much and is inherently evil. |
| 0:50.6 | If you were to say the reason that Jimmy John was successful is because he went and worked |
| 0:55.7 | seven days a week from eight in the morning until 2.30 in the morning for 20 years. It's way |
| 1:00.2 | easier to say you're just a greedy. So Jimmy, I was just a research and this is off of your website. |
| 1:09.6 | Yeah. It says that your home life as a kid was volatile, |
| 1:14.1 | and then the next sentence, school was worse. And the reason I want to start here is because |
| 1:18.9 | I've been so blessed to interview so many successful men and women. And something strikes me |
| 1:24.9 | about all of them, that there is a tremendous amount of hardship. |
| 1:28.5 | Some we hear about, some we never know about. |
| 1:31.6 | But that strikes me volatile. |
| 1:35.0 | Yeah. |
| 1:35.5 | What does that mean? |
| 1:36.4 | Well, it was, it was, my father was an entrepreneur. |
| 1:41.5 | And so I was born in 64 and 72 we went bankrupt and we went bankrupt |
| 1:47.8 | we ran out of food like we we had powdered milk and and and it was it was i remember it like |
| 1:55.3 | vividly being eight years old and and my dad went bankrupt and that was in 72 and then 76 he went bankrupt again and a second |
| 2:04.5 | time and after that second bankruptcy my dad said to uh to us never again will he ever have any |
| 2:11.2 | debt and uh he worked out of it and worked through it and i moved out of the house in 82. So it was, |
| 2:18.2 | it was just a lot of chaos, you know, no time for love and nurturing. I mean, but, you know, |
... |
Transcript will be available on the free plan in 1 days. Upgrade to see the full transcript now.
Disclaimer: The podcast and artwork embedded on this page are from Ramsey Network, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Ramsey Network and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.