Episode 65
A CONVERSATION WITH TED BROMAN
HOW TED BROMAN TURNED A $1M COMPANY INTO $120M WITH NO OUTSIDE FINANCING
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— Running a multimillion-dollar business
— News and FTC have you in their immediate crosshairs
— Owe millions in unpaid taxes
— Only 26 years old
That was the situation my friend Ted Broman found himself in when he took over a company he had started working for after graduating college.
I don’t know how I would have reacted to that situation. I would probably have been freaking out day and night.
Surprisingly, Ted told me that although things were extremely stressful, he was still somehow able to find peace and enjoy his life during this time.
He was still able to connect with family and friends.
He was still able to go on vacations.
And he never gave up on his faith during it.
How did he do it? Ted credits his sense of assurance that everything would work out to having an abundance mentality.
“I had decided that even if it didn’t work out and I was in millions of dollars of debt for the rest of my life, as long as I had my family, a house, and my faith, I knew it would all be okay.”
The FTC and media were coming after the company for political reasons, even though they had done nothing wrong.
Over the next few years, Ted was able to work the company out of that situation and bring it back to a stable place. He has since started and sold many more companies.
This is one of the most incredible examples of the abundance mindset in action that I’ve ever heard of.
What’s wrong is always available to focus on—but so is what’s right. And the more we focus on what’s going right, the more we can find the energy to keep moving forward.
So grateful to Ted for sharing the story of his incredible journey with me.
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