From Adversity to Abundance From Swim Lessons to Bankruptcy Law: The Entrepreneurial Journey of Tony Sottile
Tony grew up in a regular all-American household and lived a pretty average childhood, but he never could’ve anticipated the life he now lives. He started his entrepreneurial journey as a child offering swim lessons in his area. Today, he runs a huge bankruptcy law firm with 4 branches across the US. Being an entrepreneur was never in the books. In fact, his father worked for GE for 45 years.
“The only thing I knew growing up was my dad who went to work for 45 years at General Electric. And most of those 45 years were not good. I remember surviving layoffs and surviving friends getting laid off - that's what I knew.”
While his story might seem like an average American tale, Tony reveals a significant personal adversity that he overcame in 2022. This episode is packed with entrepreneurial insights, advice on selecting a business partner, and tips for growing a small business.
Tony runs Sottile & Barile with his business partner Franco Barile. They are champions of small and mid-sized investors.
Adversities Tony Sottile had to overcome:
- Unfulfilment at a day job
- Building a law firm from the ground up
- Navigating challenges as a small business owner
- Personal adversity that came to a head in 2022
Abundance Tony Sottile created:
- Successful and growing law firm since 2015, with 4 branches now
- Expertise in bankruptcy and foreclosure work
- Strong professional relationships and partnerships
Lessons from Tony Sottile’s adversities
- Prepare in advance for adversity (mentally and financially)
Tune in as Tony Sottile and Jamie talk about:
(00:00) Being a bankruptcy attorney
(05:32) How swimming made him an entrepreneur
(08:38) Why he had an entrepreneurial drive
(11:27) His first job (in a bad economy)
(12:52) Becoming an unexpected expert
(16:28) Feeling lost and unappreciated at work
(18:28) Peace of 9-5 vs. risk of a business (being scared)
(21:48) Forming a business partnership (how it happened)
(23:01) Choosing the perfect business partner
(25:01) Organic growth of his business
(28:52) Which is harder: job or business?
(29:56) Should you quit your job?
(33:30) The hardest thing he ever went through
(38:10) Fireside questions (philanthropy, grandfather, being genuine)
(41:23) Regulatory challenges = job security?
(43:00) What no one agrees with him about
(50:01) What money actually buys
(52:02) Giving money away
(54:17) Work with Tony Sottile
Charities Tony mentioned
Down Syndrome Association of Greater Cincinnati
Connect with Tony Sottile:
WEBSITE: https://www.sottileandbarile.com/
LINKEDIN: https://www.linkedin.com/in/dasottile/
Haven Financial:
https://www.myfinancialhaven.com/jamiebateman/
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