Menu
Sign In Search Podcasts Libraries Charts People & Topics Add Podcast API Blog Pricing

Chris Budd

๐Ÿ‘ค Speaker
743 total appearances

Appearances Over Time

Podcast Appearances

Making Money
My Dad Went Bankrupt, It Changed How I Think About Money

him though because it's literally his job right to be financially savvy yeah yeah um i mean less so in those days in the 80s it was more about products and getting the right investment for somebody um but yeah i i agree with you that was that was his role was people looked to him for financial advice and he went bankrupt it was all part and parcel of of why it destroyed him yeah absolutely yeah and what did what did he do after nothing

Making Money
My Dad Went Bankrupt, It Changed How I Think About Money

Nothing at all.

Making Money
My Dad Went Bankrupt, It Changed How I Think About Money

How old was he when this happened to him?

Making Money
My Dad Went Bankrupt, It Changed How I Think About Money

Well, I need to do maths and I can't do that that quickly, but he probably wasn't far off my age now.

Making Money
My Dad Went Bankrupt, It Changed How I Think About Money

Yeah, but nobody would employ him.

Making Money
My Dad Went Bankrupt, It Changed How I Think About Money

So I ended up employing him when I started my business as a kind of way to help him into retirement.

Making Money
My Dad Went Bankrupt, It Changed How I Think About Money

I didn't tell him that, obviously.

Making Money
My Dad Went Bankrupt, It Changed How I Think About Money

No, it was the other way around.

Making Money
My Dad Went Bankrupt, It Changed How I Think About Money

Running a business isn't something that makes you feel light.

Making Money
My Dad Went Bankrupt, It Changed How I Think About Money

It's something that makes you feel heavy, especially a small business when you've got everybody's mortgages depending on you.

Making Money
My Dad Went Bankrupt, It Changed How I Think About Money

Amen.

Making Money
My Dad Went Bankrupt, It Changed How I Think About Money

But, yeah, a lonely place.

Making Money
My Dad Went Bankrupt, It Changed How I Think About Money

But no, actually employing him was great because I got to spend some really nice time with my dad.

Making Money
My Dad Went Bankrupt, It Changed How I Think About Money

And we had a lot of laughs in those first few years of Ovation when it was just me and him.

Making Money
My Dad Went Bankrupt, It Changed How I Think About Money

He made me giggle quite a lot.

Making Money
My Dad Went Bankrupt, It Changed How I Think About Money

And he also dispensed some very wise advice.

Making Money
My Dad Went Bankrupt, It Changed How I Think About Money

But I respect him for the fact that he did.

Making Money
My Dad Went Bankrupt, It Changed How I Think About Money

and he was a brilliant support, and he kept his mouth shut when he would still be making mistakes.

Making Money
My Dad Went Bankrupt, It Changed How I Think About Money

My favorite thing that he did on several occasions was somebody would do something stupid from a big product provider, and they wouldn't have done what they said they were going to do.

Making Money
My Dad Went Bankrupt, It Changed How I Think About Money

It would cause a big problem to the client, and I would rant, and I would rave, and I would write out this email.