231. Broke to Millionaire - How Money Has Changed Us

15 Aug 2025 · 32 min
Episode

15 Aug 2025 · 32 min

0:00

Episode 231 — Ben Simpson and Bergs reflect on moving from near-bankruptcy to multi‑seven‑figure/net‑worth status while scaling their crypto research company, Collective Shift. They describe the brutal early years (no wage, debt to the tax office, selling crypto to fund the business), the emotional toll (loneliness, stress, PTSD-like wariness), and what changed after growth: time-choice, larger stakes, new stresses (public exposure, bigger customer base), and the responsibilities of managing wealth. They emphasize that money solves money problems but creates new ones, warn against lifestyle creep, and recommend investing, building personal wealth separate from the business, and surrounding yourself with high‑quality peers. The episode mixes practical advice (save/invest, FU fund, tax-efficient investing) with reflections on fulfillment, identity, and continuing to take risks.

Questions this episode answers

18 (hosts say 'we're 17, 18 full time staff' and later 'we have 18, 18 staff members').

About 1,000 clients ('we have... a thousand clients').

'We did one 1.2 last month' (stated as '1.2' — context implies 1.2 million in a month).

1.8 million views ('I think we had 1.8 million views on Instagram in the last month').

$90,000 per year ('I spent $90,000 a year to join a mastermind').

Chapters

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