Why Do Entrepreneurs Lose Everything After $1M At least Once? | Scott Oldford

The Anik Singal Show

Anik Singal

Education, Business:entrepreneurship, Business, Marketing, Entrepreneurship, Courses

4.9 • 1K Ratings

🗓️ 28 March 2023

⏱️ 85 minutes

🔗️ Recording | iTunes | RSS

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Summary

I’ll get straight to it. Today’s guest runs a $100 MILLION a year portfolio of companies. Yes, you read that right. $100 Million a YEAR. And the 36 companies he owns generate revenue in some astounding ways… With newsletters. By raising capital from investors. Some literally with simple Google Docs. And so many other fascinating ways (that we covered in this pod).The more I see what he’s doing, and the more I learn about how he thinks, I wonder how we didn’t connect years ago. We covered so much ground in this episode and Scott dropped more “golden nuggets” than I can even count. Watch this episode ASAP, and hit me up in the comments with your thoughts! P.S. - you can get your copy of Scott’s book at https://www.thenucleareffect.com/

Transcript

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0:00.0	I came back to a lot of problems by the way, like many people would look at that and say,
0:05.1	oh god, I wish I never took that month off. I came back and thought, thank god,
0:09.7	because there's so many things came out. I'm curious, what did you do during your sabbatical?
0:15.1	Whatever it was was pretty powerful because you came out, came out of that like a freight train
0:21.4	with what you're doing right now. I'm not coming out of the sabbatical until I feel passionate about
0:25.7	doing something. I'll stay in it for, I'll stay in it on as long as it takes, right? I have no,
0:31.2	like, so I had no group calls, no actual phone, I had literally nothing, right? I had no commitments,
0:38.9	whatsoever. The first time in my life that I didn't have commitments, and the first time in my life
0:44.8	that I was quite literally like, I will do anything, whichever the universe tells me to do, I'm going to do.
0:56.7	$100 million a year, but not by building a single company that does that because that's actually
1:03.7	harder. Newsletters, raising capital, raising investor capital, using literally a Google doc,
1:12.0	and just a lot of other fascinating things that we're going to talk about with our guests today.
1:17.1	Before we even started the episode, he already said, hey, we already had an episode because he saw
1:21.6	me pouring water and he's like, we need to upgrade your water, your water sucks. And I was like, all right,
1:24.9	this is going to be a powerful episode. So today, I'm introducing you to a person that I don't
1:31.1	know how I got a hold of or how I met, but we've been talking and I've been following him now for,
1:36.0	I don't know, six, seven, eight, nine months. And the more I see what he's doing and the more I see
1:41.6	how he thinks, not only just about entrepreneurship, but about life and about experiences,
1:46.2	more I'm like, how have we not become like best friends all of us, like, you know, over these last
1:50.7	so many years, we think the same, we're doing the same, we share a lot of notes. And I'm just,
1:56.4	I'm excited to have him on here today to really get to know him better and to give you an
2:01.3	opportunity to learn from him. So without further ado, everybody helped me introduce us to this
	...

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