Matt Sprang: From $800K in Debt to Finding Freedom

20 Aug 2025 · 45 min
44:34

A recorded conversation on Sacred Business Stories where Matt Sprang recounts his journey from building a swim‑industry business (Greater Philadelphia Aquatic Enterprises), through a failed facility construction project that left him with over $800,000 in financial exposure, legal action and personal crisis, to recovery, sale of the business (agreement Aug 2024; closed October 2024) and a transition into coaching, consulting and writing (Substack: "Edge of Known"). The interview highlights emotional vulnerability, lessons about fear, forgiveness, work–family priorities, and practical timeline markers (construction started May 2016; legal settlement Sept 2019; COVID shutdowns in 2020).

Questions this video answers

Over $800,000

Around Memorial Day weekend, May 2016

Issues persisted and led to legal routes; an amicable settlement was reached by September 2019

The business was shut for roughly 100 days initially; the swim school remained closed for over a year in 2020–2021

Agreement reached August 2024; purchase completed/closed October 2024

Chapters

More from Phil

1:02:37
youtube.com

Your Work Gets Clearer When It Meets the World

1mo ago
0:51
youtube.com

Acquire vs. Sustain: The two checks #substack #shorts

2mo ago
0:33
youtube.com

You're Watching The Wrong Scoreboard #substack #shorts

2mo ago
1:08
youtube.com

Humanity Is Your AI Edge #substack #shorts

2mo ago
1:11
youtube.com

The 3 things you must work on #substack #shorts

2mo ago
1:06:53
youtube.com

You might be working on the wrong problem

2mo ago
1:16
youtube.com

The Not-Feeling-Good Is Information #substack #shorts

2mo ago
0:51
youtube.com

Build a Business for Your Life #substack #shorts

2mo ago
1:14
youtube.com

Business as a tool for healing #substack #shorts

2mo ago
1:54
youtube.com

Devotion Beats Hustle #substack #shorts

2mo ago
1:04:18
youtube.com

The Business That Serves Your Life

2mo ago
See all content