Lane Merrifield

speaker

487 appearances 1 recordings 1 series first heard Oct 2025 last heard 1 Oct

Lane Merrifield’s voice in public audio — every appearance, attributed to the second.

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Recordings per month over the last 12 months — 1 in all, peaking in Oct 2025 with 1.

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Money Rehab with Nicole Lapin · The Double-Edged Sword of the "Shark Tank Effect" with Club Penguin Cofounder Lane Merrifield · 1 Oct 2025 podcast

And then sadly, it's all on paper and it never becomes real.

Absolutely.

It's that credit card.

It's that, hey, all of a sudden, guess what?

Every month you're going to get someone sending an invoice going, hey, how's it going?

Let's have a quick board meeting here and figure out what's going on over here.

And we don't talk about the personal elements of this enough, the stress that puts on founders, the amount of anxiety they find themselves under.

And sadly, the poor decision-making that can come from being under that level of anxiety, that when they were first starting out and feeling like, hey, they had nothing to lose and they were taking smarter risks, better risks, sometimes more risks,

All of a sudden, you've got 30 people on payroll and I feel responsible for them.

And what if they can't pay the bills because I screwed something up?

And all of that just ends up creating this compression that if you can't really handle it, if you can't work your way through that fear and get to the other side of it, you're going to end up making poor and poor decisions, which now has you in a cycle that is only going to make matters worse and not better.

And it's really tough to watch.

Yeah.

And again, I was on the Canadian version of Shark Tank called Dragon's Den.

So I was part of that propaganda machine around entrepreneurialism and just, hey, it's all about taking money.

And frankly, if I'm being really honest, it's a little bit of why I'm not on the show anymore.

I did three seasons, but it was hard to see people assume that, well, once I've got the investment, now I've made it.

Now I've achieved it.

That's all I really need to do.

And even some of the investments I made on the show

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