Shownotes Transcript
127 founders (net worth: ~$1M–$100M+) opened up their personal books. Want to see how your finances stack up? https://www.joinhampton.com/wealth-report
Adam Robinson was days away from a $70M exit… then the buyer walked. But the deal collapsing turned out to be a blessing.
Here’s what we talk about:
- His current company now does $25M ARR with $1M monthly profit.
- He accidentally spent millions before the deal closed on land, crypto, and a new mortgage.
- Then came a surprise 60% tax bill, thanks to a little-known IRS rule.
- Adam explains why high income doesn’t equal peace of mind.
- He shares how Wall Street shaped his risky money habits.
- His spending: $750K/year, two kids, boat, Aspen trips, wellness lifestyle.
- He admits he wasn’t ready for a big exit and still might not be.
- Now, he’s focused on structure, restraint, and building wealth slowly.
- And why cash flow feels better than a windfall… at least when you’re winning.
Cool Links:
- Hampton https://www.joinhampton.com/
- Lower Street https://www.lowerstreet.co/)
Chapters:(00:00) The Big Exit That Never Happened(00:54) Adam's Financial Resilience(02:25) From Wall Street to Startups(06:59) The Startup Struggles(10:31) The Almost Sale and Its Aftermath(12:35) Crypto Craze and Financial Lessons(15:13) Rebounding and Learning from Mistakes(19:21) The Genius Trade of the Century(22:38) Financial Anxiety and Business Risks(25:26) Tax Surprises and Financial Planning(29:27) Spending Habits and Lifestyle Choices(36:28) Balancing Wealth Building and Lifestyle(37:14) Conclusion: The Exit That Wasn't
This podcast is a ridiculous concept: high-net-worth people reveal their personal finances. Inspired by real conversations happening in the Hampton community.
Your Host: Harry Morton
- Founder of Lower Street, a podcast production company helping brands launch and grow top-tier podcasts.
- Co-parents a cow named Eliza.