Why Most People Aren’t Built for CEO Pressure (And That’s Okay) 💼 E162
3/2/20261 hr 6 min
In this week’s episode of The Money Mondays, Dan Fleyshman sits down with Eric Spofford and Justus Parmer for a fast-paced, money-focused conversation built around the show’s three pillars: how to make money, how to invest money, and how to give back.Eric shares his journey from addiction and rock bottom to building a real business that scaled to hundreds of employees and ultimately sold for $115M—then breaks down the real mechanics of creating “sellable” companies: EBITDA, multiples, reducing key-man risk, building leadership teams, SOPs/KPIs, and what the exit process actually looks like from banker to data room to LOI and due diligence.Then Justus dives into how he thinks about investing with an “edge,” why he’s focused on American industrial assets and long-term infrastructure plays, how AI is impacting decision-making, and why the “butterfly effect” of giving back matters more than people realize.As always, keep in mind—this episode might not just be for you. It could be the one you send to a friend who’s trying to scale, raise money, invest smarter, or build something real.
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Like this episode? Watch more like it 👇Watch ALL Full Episodes Here: https://www.youtube.com/playlist?list=PLs0D-M5aH-0IOUKtQPKts-VZfO55mfH6k---The Money Mondays is a business podcast here to teach you how to make money, invest money, and donate money by showcasing some of the world's most successful people and how they do the same. Hosted by serial entrepreneur Dan Fleyshman, the youngest founder of a publicly traded company in history, this money podcast gives you an exclusive behind the scenes look at how the wealthiest celebrities, entrepreneurs, athletes and influencers make, invest and donate money.If you want to learn more business and investing while you work to improve your financial life, you're in the right place! Subscribe: https://www.youtube.com/@themoneymondays?sub\_confirmation=1Dan Fleyshman,The Money MondaysLearn more here: https://themoneymondays.comWatch all the podcast episodes: https://youtube.com/playlist?list=PLs0D-M5aH-0IOUKtQPKts-VZfO55mfH6kLet’s Connect...Website: https://themoneymondays.comPodcast: https://podcasts.apple.com/us/podcast/the-money-mondays/id1663564091Twitter: https://twitter.com/themoneymondaysLinkedIn: https://www.linkedin.com/company/the-money-mondays/about/TikTok: https://tiktok.com/@themoneymondaysFB: https://www.facebook.com/The-Money-Mondays-110233585203220/
Clips
Transcript preview
First 90 secondsDan Fleyshman· Host0:00
[upbeat music] Ladies and gentlemen, welcome to a special edition of the Money Mondays podcast, where we cover three core topics: how to make money, how to invest money, how to give it away to charity. As you guys know, these episodes are under 40 minutes for your listening pleasure because the average workout is 45 minutes, the average commute to work is 45 minutes, so this episode will be between 34 and 38 minutes. We want this not just for you. Keep in mind your friends, family, and followers. People from your past, present, and future might want to listen to this next episode because this gentleman sold his company for $115 million, and he's gonna do it again, and probably do it again and again after that. So we're gonna dive into this episode, and as you're listening, it's not just for you. Think about the people in your life two months from now, two years from now, who you might share this episode with. Without further ado, Eric Spofford, give us the quick two-minute bio so we can get straight to the money.
Eric Spofford· Guest0:56
Uh, born and raised just outside of Boston. Troubled youth. Was a really, really bad kid. Uh, f- got caught selling weed, my first entrepreneurial endeavor at, I think, 11 years old, fifth grade, North Salem Elementary School.
Dan Fleyshman· Host1:12
Yep.
Eric Spofford· Guest1:12
Got caught up in addiction, OxyContin, turned heroin addict. 100 tried and failed attempts at sobriety and changing my life. December 7th, 2006, uh, finally find recovery and sobriety for, God willing, the last time. Went on the run, uh, for some criminal