Wealthy Way cover image

Wealthy Way

$100M CEO Shows Me How to Sell A Business

Jun 14, 2024
Entrepreneur Eric Spofford shares his journey from drug addiction to selling a rehab facility for $100M. He discusses real estate investments, social media, and future plans, including ventures in commercial real estate and behavioral healthcare. Learn from his successes and insights in this inspiring episode.
01:36:40

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • Success in entrepreneurship requires persistence, adaptive learning, and embracing failures as growth opportunities.
  • Strategic real estate investments play a pivotal role in building wealth and creating substantial value for business exits.

Deep dives

Building Wealth Through Real Estate and Business Ventures

Exiting a successful rehab facility company for $115 million, the speaker emphasizes the intricate process of building a business along with real estate development. Though the $115 million exit took the spotlight, the strategic real estate leaseback program helped create substantial value. Leveraging the ecosystem of wealth creation, tax benefits, and cash flow, the speaker succeeded in selling both the business and real estate assets for significant profits.

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