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Earn Your Leisure

Pinky Cole Breaks Down Filing for Bankruptcy, Losing $100M Business — And Blueprint to Build It Back

Earn Your Leisure

iHeartPodcasts

Business, News, Education, Careers, Entrepreneurship, Investing, Business News

4.97.9K Ratings

🗓️ 2 April 2026

⏱️ 67 minutes

🧾️ Download transcript

Summary

00:00 Losing It All Teaser
01:02 Meet Pinky Cole
03:01 Reality TV And Public Scrutiny
05:45 Why Bankruptcy Was Necessary
06:56 Winning The Property Case
09:39 Turning Pain Into Purpose
12:10 Darkest Moment And Comeback
14:53 Money Vs Visibility Engine
16:34 Mental Health And Marriage Strain
21:32 Redefining Success As Peace
23:31 Bankruptcy Explained Simply
28:48 Leadership Changes And Hard Calls
31:03 Final Straw And Filing Decision
34:14 Freedom From Pressure
35:19 Faith Through Darkness
37:07 Toxic Social Media Culture
39:37 Joining RHOA
41:59 Reality TV As Leverage
45:11 Cast Dynamics And Friendships
47:14 Operations Over Popularity
51:16 Hiring The Right Operators
53:13 Pandemic Entrepreneurs No Foundation
57:21 Franchising And Rebuilding
58:57 Pinky Piggy Bank Series
01:03:37 Never Quit Final Message

In this episode of Earn Your Leisure, Pinky Cole addresses the headlines head-on—clearing up bankruptcy rumors, explaining how she won her property back after creditors illegally changed the locks, and breaking down what really happens when a $100M business faces setbacks. She shares how losing everything became a lesson not just for her, but for others watching her journey.

The conversation goes deeper into what it actually takes to build and sustain a business. Pinky explains the two engines every entrepreneur needs, why operations are everything, and how many founders fail by skipping steps, lacking structure, or keeping people past their expiration date. It’s a real look at how social media has changed the game—and not always for the better.

We also tap into the emotional side of entrepreneurship—having the right people around you, pushing through dark times, and still showing up for others. From supporting her husband while navigating her own challenges to staying focused on building a billion-dollar company, this is a raw and honest conversation about resilience, growth, and doing whatever it takes to win.

#EarnYourLeisure #PinkyCole #Entrepreneurship #Business #WealthBuilding #BlackBusiness #Leadership #Mindset #StartupLife

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Transcript

Click on a timestamp to play from that location

0:00.0

But the $100 million brand that became a household name, all of these accomplishments just to wake up and not own my company no more.

0:06.9

There was talk that you got evicted from your house because of a bankruptcy.

0:11.0

What happened? What's going on?

0:12.3

I almost lost my mind. You ever lost $100 million business?

0:16.2

My old creditors were coming after me because I was a personal guarantor.

0:19.7

This is no longer private information. What challenges did you go through? How did you get out of that? Did you seek therapy? Nobody understands what it feels like when you literally fighting for your life, but you got to show up and put a smile on your face. The messaging was, I'm building a billion dollar company, but it's not the money that I want. It's where the money can provide. When you get there, it's like, okay, this is it. What's the most important thing you learned about yourself? Leading with your heart is a great thing, but leading with your heart can also make you go broke. What is your thought process when actually signing up for a reality show? When you think about the leverage that platforms like these bring, my reasoning wasn't just one thing. I don't think I've ever seen anybody like you on the show.

0:56.0

You can have a Bentley, but if you don't have no engine in that Bentley, then where are you going to go?

1:02.0

All right, guys, welcome back.

1:03.6

Atlanta edition.

1:04.5

We got a special guest really needs no introduction at this point.

1:07.4

I mean, I was just talking about all this stuff that we've done with her. Shows and events and so much stuff.

1:14.9

Pinky Cole,

1:16.6

a legend in the game,

1:17.6

but it comes to entrepreneurship and motivation and spreading game.

1:22.4

Sluddy vegan has really, like,

1:26.2

been a staple in the community and really had so many different stages.

1:30.4

I feel like Sunny Vegan has like had life stages.

1:33.7

It's like a bandy group at right here.

1:35.3

We've been seeing every stage from the first time that Mike told us about it and told us about the lines to the road to the expansion.

1:43.3

I feel like every stage like we sit down with you about it. It's like the life cycle. Yeah. You know what I'm saying? So I don't know. I just, when I think about my business, then I miss your intro over short. No, no, no, no. If you need an introduction, you'll be aware. When I think about, it's fun, the reason I said that, because you said something about

2:03.6

a life cycle.

2:04.6

So just like a baby learns how to crawl, then learn how to walk.

...

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