
The Joe Polish Show How to Manufacture Luck, Avoid Bad Advice, and Build a Business That Lasts: Billion-Dollar Lessons from a Serial Entrepreneur with Jonathan Cronstedt and Joe Polish
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Jul 11, 2025 Join Jonathan Cronstedt, a former Kajabi executive and investor known for his 'Billion-Dollar Bullseye' formula, as he shares his journey from bankruptcy to successfully scaling businesses. He reveals how to manufacture luck through a mindset shift and the importance of filtering out bad advice. Jonathan discusses painful leadership mistakes, including over-promoting employees, and emphasizes how a willingness to take risks can lead to extraordinary opportunities. Plus, don't miss his insights on harnessing AI for business strategy!
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AI As The Ultimate Thought Partner
- Jonathan says AI can be the most powerful thought partner, adopting famous frameworks and perspectives for rapid work.
- He claims AI will 'rip a hole in society' because it accelerates capabilities faster than regulation can respond.
Bankruptcy From Arrogance And Bad Advice
- Jonathan recounts his 2007 bankruptcy and blames arrogance, bad financial advice, and laziness for the collapse.
- He describes sudden income loss and assets dropping in value that caught him unprepared.
Prioritize Quality Counsel At Inflection Points
- Seek high-quality advice at critical inflection points because your journey matches the quality of counsel you access.
- Vet advisors by checking if their success came from building the thing you pay them about, not from reporting on success.







