Moneywise $10M Net Worth. $2.5M Cashflow. No Plans to Exit.
144 snips
Jul 8, 2025 
Jay Berard, a financial powerhouse with a $10M net worth and $2.5M cash flow, reflects on his unconventional journey from a risk-laden Craigslist job to financial security. He values control over lucrative buyout offers, redefines wealth beyond money, and shares insights on his lean lifestyle. The discussion tackles the tension between comfort and ambition, personal growth, and how his mindset has transformed his spending habits. Berard also delves into the impact of fear and anxiety on success, offering a candid look at the entrepreneurial journey.
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Business Equity Valued At Zero
- Jay values his business equity at zero because he has no plans to sell it.
- He prefers to underestimate his worth than to assume a higher multiple that may not materialize.
Make More, Don’t Just Cut
- Focus your energy on making more money instead of obsessively cutting expenses.
- Maintaining a psychological safety net, like $100K, reduces stress and improves performance.
Jay's Risky Start In Recruiting
- Jay Berard started his career by taking a risky, 100% commission recruiting job found on Craigslist.
- He struggled initially but quickly found success closing major positions and eventually started his own company.
