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Eric Spofford

👤 Person
204 total appearances

Appearances Over Time

Podcast Appearances

The Money Mondays
From Rock Bottom to $115 Million Dollar Exit: Eric Spofford's Journey to Entrepreneurial Success 💰 105

But when they look at different socioeconomic classes, they can reconcile it. They're like, oh, well, they're from a bad neighborhood. Their parents were divorced. It makes sense. The truth is this, is that addiction falls squarely across all people, regardless of economic status, race, neighborhood, et cetera. It's inexplainable.

The Money Mondays
From Rock Bottom to $115 Million Dollar Exit: Eric Spofford's Journey to Entrepreneurial Success 💰 105

But when they look at different socioeconomic classes, they can reconcile it. They're like, oh, well, they're from a bad neighborhood. Their parents were divorced. It makes sense. The truth is this, is that addiction falls squarely across all people, regardless of economic status, race, neighborhood, et cetera. It's inexplainable.

The Money Mondays
From Rock Bottom to $115 Million Dollar Exit: Eric Spofford's Journey to Entrepreneurial Success 💰 105

And so it happens in the neighborhood like this one with $20 million homes, $50 million homes, and it happens in Section 8 housing projects and middle-class America and everything in between. And so addiction is just a disease that doesn't discriminate. It does not respect that you come from a good family. It doesn't respect that you come from a high net worth status.

The Money Mondays
From Rock Bottom to $115 Million Dollar Exit: Eric Spofford's Journey to Entrepreneurial Success 💰 105

And so it happens in the neighborhood like this one with $20 million homes, $50 million homes, and it happens in Section 8 housing projects and middle-class America and everything in between. And so addiction is just a disease that doesn't discriminate. It does not respect that you come from a good family. It doesn't respect that you come from a high net worth status.

The Money Mondays
From Rock Bottom to $115 Million Dollar Exit: Eric Spofford's Journey to Entrepreneurial Success 💰 105

It doesn't give a shit about any of that.

The Money Mondays
From Rock Bottom to $115 Million Dollar Exit: Eric Spofford's Journey to Entrepreneurial Success 💰 105

It doesn't give a shit about any of that.

The Money Mondays
From Rock Bottom to $115 Million Dollar Exit: Eric Spofford's Journey to Entrepreneurial Success 💰 105

It's somewhat of a brutal conversation and a little bit morbid, but you have to think about it in the context of this because this is the reality. If you understand addiction, it ends in only a couple different places. The person ends up in recovery or they end up in jails, institutions, and death.

The Money Mondays
From Rock Bottom to $115 Million Dollar Exit: Eric Spofford's Journey to Entrepreneurial Success 💰 105

It's somewhat of a brutal conversation and a little bit morbid, but you have to think about it in the context of this because this is the reality. If you understand addiction, it ends in only a couple different places. The person ends up in recovery or they end up in jails, institutions, and death.

The Money Mondays
From Rock Bottom to $115 Million Dollar Exit: Eric Spofford's Journey to Entrepreneurial Success 💰 105

And the thing you need to consider is what are you going to regret if the worst case situation happens? And that is the tool, the mechanism that you need to overcome your anxiety and your fear on confronting your loved one that has alcoholism and has addiction.

The Money Mondays
From Rock Bottom to $115 Million Dollar Exit: Eric Spofford's Journey to Entrepreneurial Success 💰 105

And the thing you need to consider is what are you going to regret if the worst case situation happens? And that is the tool, the mechanism that you need to overcome your anxiety and your fear on confronting your loved one that has alcoholism and has addiction.

The Money Mondays
From Rock Bottom to $115 Million Dollar Exit: Eric Spofford's Journey to Entrepreneurial Success 💰 105

Because let me tell you something, I have consoled hundreds and hundreds and hundreds of grieving moms and dads and loved ones of people with addiction.

The Money Mondays
From Rock Bottom to $115 Million Dollar Exit: Eric Spofford's Journey to Entrepreneurial Success 💰 105

Because let me tell you something, I have consoled hundreds and hundreds and hundreds of grieving moms and dads and loved ones of people with addiction.

The Money Mondays
From Rock Bottom to $115 Million Dollar Exit: Eric Spofford's Journey to Entrepreneurial Success 💰 105

And the amount of regret of the, I wish I had, I wish I hadn't enabled them, I wish I'd said it, I wish I'd thrown them out of the house, I wish I'd had, that I've heard at funerals and in deep grief post losing their loved one, it is some of the most painful shit that I've ever seen anyone go through in my entire life.

The Money Mondays
From Rock Bottom to $115 Million Dollar Exit: Eric Spofford's Journey to Entrepreneurial Success 💰 105

And the amount of regret of the, I wish I had, I wish I hadn't enabled them, I wish I'd said it, I wish I'd thrown them out of the house, I wish I'd had, that I've heard at funerals and in deep grief post losing their loved one, it is some of the most painful shit that I've ever seen anyone go through in my entire life.

The Money Mondays
From Rock Bottom to $115 Million Dollar Exit: Eric Spofford's Journey to Entrepreneurial Success 💰 105

You know, I nor any other person in recovery or the addiction treatment industry can guarantee that your loved one will find recovery. But what I can guarantee is that if you do the right things, no matter what the outcome, as painful as that might be, you will not have the excruciating pain of regret. And so it's something that you have to do.

The Money Mondays
From Rock Bottom to $115 Million Dollar Exit: Eric Spofford's Journey to Entrepreneurial Success 💰 105

You know, I nor any other person in recovery or the addiction treatment industry can guarantee that your loved one will find recovery. But what I can guarantee is that if you do the right things, no matter what the outcome, as painful as that might be, you will not have the excruciating pain of regret. And so it's something that you have to do.

The Money Mondays
From Rock Bottom to $115 Million Dollar Exit: Eric Spofford's Journey to Entrepreneurial Success 💰 105

A lot of people die and lose their life in vain, in addiction, and there are co-conspirators, there are co-defendants to that situation, and they are the loved ones of that person that love them to death, literally. You see that addiction lives off of codependency, right? If addiction is a fire, codependency and enablement is the oxygen that keeps it going.

The Money Mondays
From Rock Bottom to $115 Million Dollar Exit: Eric Spofford's Journey to Entrepreneurial Success 💰 105

A lot of people die and lose their life in vain, in addiction, and there are co-conspirators, there are co-defendants to that situation, and they are the loved ones of that person that love them to death, literally. You see that addiction lives off of codependency, right? If addiction is a fire, codependency and enablement is the oxygen that keeps it going.

The Money Mondays
From Rock Bottom to $115 Million Dollar Exit: Eric Spofford's Journey to Entrepreneurial Success 💰 105

Without enablement of some sort, addiction itself as a fire is arrested and extinguished. And so a lot of these lies and hiding between, well, I'm not the one doing the drugs and it's not me and it's their decision and they have to make their own decision.

The Money Mondays
From Rock Bottom to $115 Million Dollar Exit: Eric Spofford's Journey to Entrepreneurial Success 💰 105

Without enablement of some sort, addiction itself as a fire is arrested and extinguished. And so a lot of these lies and hiding between, well, I'm not the one doing the drugs and it's not me and it's their decision and they have to make their own decision.