The Man Who Left Wall Street to Find Meaning and Millions | KOSHER MONEY
Kosher Money
Living Lchaim
5 • 781 Ratings
🗓️ 13 March 2024
⏱️ 76 minutes
🧾️ Download transcript
Summary
Join us as we delve into the fascinating journey of Mort Fertel, a visionary entrepreneur and relationship expert, whose path from a small town outside Philadelphia to the pinnacle of success is a testament to innovation, resilience, and the transformative power of faith.
His encounter with Orthodox Judaism marked a pivotal turn, deepening his quest for meaning and guiding his entrepreneurial spirit toward ventures that not only seek profit but also enrich lives.
Mort reveals how adversity fueled his passion for creating real change, leading to the birth of Marriage Fitness and the revolutionary laundry service app, Poplin.
His journey is a vivid illustration of how one can harness the power of faith and entrepreneurial acumen to transform challenges into opportunities for success and service.
Tune in to uncover Mort Fertel's unique insights into building a multi-faceted empire grounded in Jewish values, and learn how dedication, faith, and a desire to make a difference can turn the boldest visions into a stunning reality.
To contact Mort Fertel, visit https://www.linkedin.com/in/mortfertel/
Mort's Book Recommendations:
The Psychology of Money » https://amzn.to/49IuqOW
The 7 Habits of Highly Effective People » https://amzn.to/48KUlEs
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CHAPTERS:
00:00:00 - Early Beginnings
00:02:30 - Sports to Success
00:05:45 - Wall Street and Beyond
00:08:10 - Quest for Meaning
00:11:20 - Embracing Judaism
00:14:00 - Marriage Fitness Creation
00:17:25 - Launching Poppin
00:20:40 - Impact and Philosophy
00:33:00 - Network Effect and Scaling
00:36:15 - Raising Capital
00:39:30 - Strategic Investments
00:42:45 - Global Vision
00:45:55 - Entrepreneurial Mindset
00:49:10 - Legacy and Lessons
00:52:25 - Financial Wisdom
00:55:40 - Looking Ahead
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Oh, and all investment strategies and investments involve risk of loss. Nothing contained in this episode or any of our episodes, ads and videos should be construed as investment advice.
#podcast #poplin #koshermoney #laundry #money #laundrypros
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Transcript
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| 0:00.0 | It's actually shocking, if you think about it, we're in the middle of a technological revolution. |
| 0:04.6 | There's been no innovation in this space since the washer and dryer a hundred years ago. |
| 0:10.1 | And as a result, in America, we're spending $13 billion and $75 billion a year doing something. |
| 0:17.2 | No one wants to do. |
| 0:18.9 | It just hasn't been a good alternative yet. We like to joke that there's |
| 0:23.7 | three things certain in life, death, taxes, and laundry. This multi-million dollar idea is so |
| 0:30.2 | simple, but yet absolutely revolutionary. It'll make you think, hey, why didn't I think of that? |
| 0:37.0 | But when Mort Fortel began telling people about his family's idea and their startup business, |
| 0:42.3 | he was told he was crazy. |
| 0:44.6 | It'll never, ever work. |
| 0:47.1 | But this is the same guy you'll learn who bought a one-way ticket to Bangkok in search of something bigger. |
| 0:53.4 | And this is the guy who left Wall Street one day for a reason that would make rabbis everywhere smile. |
| 1:01.0 | This is a guy who just sees the world differently than just about everyone else. |
| 1:07.0 | It's no wonder, with God's help, he is as successful as he is. |
| 1:12.9 | Grab a sweatshirt from your laundry pile. |
| 1:15.1 | We're going on a journey. |
| 1:18.1 | Being a Jew, awesome. |
| 1:20.3 | Managing personal finances? |
| 1:22.3 | Not so awesome. |
| 1:23.7 | Welcome to kosher money. |
| 1:26.8 | A brand new episode of kosher money here with Mort Fertel, our first Mort. |
| 1:32.5 | We've never had a Mort on the podcast. |
... |
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