Eric Spofford - The Michael Sartain Podcast

Mar 29, 2023

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Eric Spofford ( IG: @ericspofford ) is a former drug addict who became sober in 2006. He started several "sober houses" and later created a business of rehabilitation clinics that he sold in 2021 for $115 million.

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0:00 Intro 0:39 Meeting through Dan Fleyshman 2:05 Drug cities 4:37 Upbringing 5:52 Opioid crisis 6:52 Local violence 8:00 Flood of heroin 10:13 *Toxic masculinity 11:08 Troubled upbringing 12:42 Getting hit in the head by a crowbar 15:21 BB gun 17:10 ‘Hustle Harder’ by 50 Cent 18:03 **Selling your business for $100 million dollars 18:44 Epiphany to change his life 20:52 Self-prescription 21:24 Twelve-step recovery program 23:28 ***Addiction is an internal condition 29:15 **Excuses to keep justifying the addiction 33:40 Being made fun of for recovering 34:35 ***Hard honest truths 39:20 **Service work 41:44 The sober house 45:20 **Bootstrapping all the way to $100 million 48:40 Buying the first real estate 53:32 **Real estate sell-back strategies 56:41 Creating systems 58:56 Training your CEO 1:03:10 **Profit interest units 1:07:18 ***DEA informant inside the company 1:18:56 Testifying in front of the US Senate 1:21:04 Tackling the fentanyl crisis 1:22:12 **Legalization of all drugs 1:26:09 ***Rat evolutionary experiment 1:30:17 Narcotics don’t exist in the ancestral environment 1:32:25 ***We’re tribal animals 1:35:17 ****Making amends 1:40:10 ***Finding forgiveness 1:45:53 Overdosing amends 1:48:45 **How do $100 million dollars change your life 1:52:31 **Dealing with haters 1:54:58 Social media