Moneywise
$100K Buy-In. $160M Exit. Then $40K/Month on ‘Living the Dream’... Almost.
May 6, 2025
Jace Mattinson, an entrepreneur who transformed a failing 135-year-old business into a $160M exit, provides insights on wealth management and personal fulfillment. He discusses the challenges of spending $40K a month in search of lost time, revealing how leisure can sometimes feel like another grind. Jace shares strategies for aligning time, money, and values while navigating family life with five kids. His unique perspective on turning old businesses into successes and maintaining a balanced life post-exit makes for an enlightening conversation.
41:31
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Quick takeaways
- Jace Mattinson transformed a struggling century-old business into a $160M exit, showcasing the potential of revitalizing established companies.
- Post-exit, Jace faced the challenge of balancing newfound financial freedom with mindful spending, emphasizing intentionality for long-term fulfillment.
Deep dives
The Cost of Chasing Success
Chasing success for extended periods can lead to missed opportunities and experiences that are unique to certain life stages. Many entrepreneurs find themselves delaying gratification in pursuit of a significant payoff, only to realize the cost of that pursuit later in life. When Jace Mattinson finally achieved his financial goals, he faced the challenge of making up for lost time, which added a new layer of pressure. This realization highlights the need for balance between ambition and savoring life's fleeting moments.
