How Scott Oldford Went From $726,000 In Debt To Infinite Possibilities • Fail To Learn

Scott Oldford started his first business when he was a child selling eggs. That business grew, yes it was a business, and as he grew he moved on.

He was a golden child and, as he said, he felt like he had the Midas Touch. And then the roller coaster ride began.

Here’s what Scott and I discuss in this show:

How the people around him gave him a false sense of business invincibility.
How that opinion kept him taking bigger risks, which led to his eventual collapse.
How he prevents that false security today, and why you want to do the same.
How he went to receive an American Express Innovators Award while his business was failing.
How he found himself $726,000 in debt and how he climbed out.
The question that blew him away and made him realize he wasn’t what he thought.
Why he attributes Chris Brogan to his change of attitude and ability to please everyone.
Why he wakes up feeling like he has a gun to his head and how that motivates him.
How he analyzes every dollar spent now.
Why Scott is still haunted with the thought, “This ride is going to crash,” despite business being better than ever.
How he makes faster decisions.
How he quickly cuts losses now. And how that’s changed his business.
How to avoid big gambles in any one project.
The importance of your “emotional immune system.”
How he surrounds himself with the right people now.
Why it’s important to have a broke mindset.
How he plans on impacting 100,000 entrepreneurs with his business model.
Why it’s important for you to build value with someone before you can ask for help.