Losing $100 Million Made Me Happier Than Ever

The Playbook With David Meltzer

David Meltzer, Entrepreneur.com

Entrepreneurship, Business, Careers

4.6 • 1.9K Ratings

🗓️ 1 June 2022

⏱️ 14 minutes

🔗️ Recording | iTunes | RSS

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Summary

Today's episode is a very special one. For years I had been wanting to share my story with The Mulligan Brothers, and earlier this year I was blessed with the opportunity to sit down with their team to do so. This is one of the most emotional interviews I have ever done, and their team did an incredible job at putting together an incredible piece on my story so I wanted to share it with all of you. Click here to watch the full interview Tweet me your takeaway from today’s episode @davidmeltzer Email Me! [email protected] Sign up for my Free Weekly Training https://free.dmeltzer.com/friday-training-1 Text Me! (949) 298-2905 Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	When I was 30 years old, imagine being a multi-millionaire coming and growing up from nothing.
0:05.7	Two years after that day, I had to claim bankruptcy.
0:09.6	Although I lost everything, imagine 33 homes, golf course, ski mountain, multi-million dollars, over a hundred million dollars, all gone.
0:16.8	I'm now living in a rented house with rented furniture and one car.
0:20.4	Calm in that ease.
0:22.7	This is the paper.
0:28.7	So a lot of people ask me, how the heck do you lose over a hundred million dollars and go bankrupt?
0:33.7	When I was 30 years old, imagine being a multi-millionaire coming and growing up from nothing.
0:39.7	Not only a multi-millionaire, but I was running Samsung's phone division, the CEO of the world's first smartphone.
0:45.7	They didn't even call it a smartphone in 1999.
0:47.7	It was called a convergence device that converged to phone and computer.
0:51.7	Six years later, I'm running the most notable sports agency in the world.
0:56.7	A dream job.
0:57.7	I'm running the sports agency that they made the movie Jerry McGuire about.
1:02.7	So not only am I multi-millionaire at 36, but I have access to things that billionaires can't even get access to,
1:10.7	sidelines is super bowl, the Oscars, the Grammys, the SPs, amazing things in my life.
1:15.7	Not only am I married to my dream girl now, but I have three daughters.
1:20.7	His healthy daughter's under six.
1:22.7	I have houses, golf course, ski mountain, boats, plane, whatever I wanted.
1:28.7	And I decide that I'm going to pass my friend Rob and to go to the masters room.
1:33.7	He's a huge golf fan.
1:34.7	We're going to go backstage to the cabins with current strains.
	...

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