Podcast Summary: "Millions After Death and Divorce"

Episode Title: Millions After Death and Divorce
Release Date: March 28, 2025
Host: Charles Schwartz
Guest: Jeremy Delk, Entrepreneur, Investor, Author, and Speaker

Introduction

In this compelling episode of the I Am Charles Schwartz Show, host Charles Schwartz welcomes Jeremy Delk, a multifaceted entrepreneur known for his resilience and success despite facing significant personal and professional challenges. The episode delves deep into Jeremy's journey of overcoming death, divorce, and financial setbacks to achieve multimillionaire status, offering listeners invaluable insights into transforming failure into success.

Jeremy Delk's Journey to Success

Background and Early Challenges ([03:16] - [06:00])

Jeremy Delk shares his humble beginnings in Kentucky, detailing the profound impact of losing his father at a young age. Growing up in Bartown, a small town known as the bourbon capital, Jeremy describes the instability his family faced after his father's passing. This early adversity fueled his drive to succeed.

"You don't really think about the ripple effect that happens after a loss. It went from a three-bedroom house to smaller living spaces, experiencing true instability." ([04:45])

Jeremy discusses receiving a $30,000 inheritance at 17, which kickstarted his career on Wall Street. However, this early success was tempered by a significant failure when he lost $2 million in just four days at age 20. This pivotal moment taught him that failure is an integral part of the path to success.

The Philosophy: Fail Your Way to Success

Embracing Failure as a Stepping Stone ([06:00] - [12:16])

Charles and Jeremy delve into the concept that "the only way to succeed is to fail." Jeremy recounts his disastrous trading experience, which led him to adopt a mindset of resilience and continuous learning. This philosophy is the cornerstone of his approach to both life and business.

"The secret to being in business is just staying in business. Stay alive one more day." ([07:57])

Jeremy emphasizes the importance of learning from failures rather than dwelling on them. He shares how his financial loss led to unexpected opportunities, such as securing a position at Fidelity Investments, which became a stepping stone to his future successes.

Processing Personal Loss and Healing

The Role of Therapy and Emotional Resilience ([17:26] - [26:35])

Both hosts discuss the significance of therapy in overcoming personal trauma. Jeremy explains how he initially coped with his father's death and subsequent divorce by avoiding vulnerability, resorting to heavy drinking instead. Through intensive therapy, he learned to confront his emotions and rebuild meaningful relationships.

"You can't change the past. You can't undo it. Use it as a lesson to make sure that's not who you want to be." ([58:04])

Jeremy shares insights on regaining self-worth post-divorce, highlighting the necessity of self-reflection and the willingness to let go of blame. He underscores that understanding and empathy towards others' perspectives are crucial in healing and moving forward.

Navigating Business Setbacks

Overcoming Financial and Legal Challenges ([32:13] - [42:42])

The conversation shifts to Jeremy's entrepreneurial ventures and the setbacks he faced, including FBI raids and FDA fines, resulting in significant financial losses. Despite these challenges, Jeremy remained steadfast, choosing to sell his company for a fraction of its potential value to preserve jobs during the COVID-19 pandemic.

"There is a lesson that's happened and it's going to come to you." ([41:45])

Jeremy discusses the importance of resilience and maintaining confidence in the face of adversity. He emphasizes that each failure is a learning opportunity that contributes to long-term success.

The Future of AI and Its Impact

AI’s Revolutionary Potential and Societal Implications ([27:43] - [37:24])

Jeremy and Charles explore the transformative impact of Artificial Intelligence (AI) on the job market and society. They debate whether AI will create more jobs than it eliminates, comparing its potential disruption to past technological revolutions like the industrial boom.

"AI is going to create massive amounts of jobs but also crush an immense amount of jobs." ([33:35])

Charles expresses concerns about AI's rapid advancements, while Jeremy remains optimistic about its potential to revolutionize industries. They agree that adaptability and continuous learning will be essential for navigating the future landscape shaped by AI.

Coaching Clients Through Breakthroughs

Helping Others Overcome Their Challenges ([44:43] - [57:09])

Jeremy shares his approach to coaching clients, particularly doctors who excel in their fields but struggle with business aspects. He emphasizes the importance of aligning business goals with personal fulfillment, helping clients rediscover their purpose beyond financial success.

"Most people don't know why they are doing something. They feel lost and have lost their identity in their job." ([49:17])

Through personalized coaching, Jeremy assists clients in transitioning from merely surviving in their careers to thriving and achieving a balanced, fulfilling life. He advocates for redefining success to include personal happiness and meaningful relationships.

Regaining Self-Worth After Failure

Strategies for Personal Growth and Resilience ([57:09] - [63:31])

The hosts discuss the critical process of rebuilding self-worth after experiencing significant failures. Jeremy advises focusing on lessons learned and making conscious course corrections to foster meaningful connections and personal growth.

"Once you do it, then you take action and do it, giving yourself permission to go through the other piece is like, okay, you go through a nasty divorce, you have to meet in a meeting point quite easy." ([58:04])

They highlight the importance of self-forgiveness and understanding that failures do not define one's worth. By embracing vulnerability and seeking continuous improvement, individuals can transform their setbacks into catalysts for success.

Conclusion

In this raw and unfiltered episode, Jeremy Delk’s candid revelations about his struggles and triumphs provide a roadmap for listeners to navigate their own challenges. The key takeaways emphasize the inevitability of failure on the road to success, the importance of emotional resilience, and the transformative power of therapy and coaching. Jeremy's story serves as an inspiring testament to the human spirit's capacity to overcome adversity and achieve greatness.

Notable Quotes:

• Jeremy Delk ([04:45]): "You don't really think about the ripple effect that happens after a loss. It went from a three-bedroom house to smaller living spaces, experiencing true instability."

• Jeremy Delk ([07:57]): "The secret to being in business is just staying in business. Stay alive one more day."

• Jeremy Delk ([58:04]): "Once you do it, then you take action and do it, giving yourself permission to go through the other piece is like, okay, you go through a nasty divorce, you have to meet in a meeting point quite easy."

Connect with Jeremy Delk:

• Website: jeremydelk.com
• Discovery Call: Available through his website
• Book: Available on Audible, Barnes & Noble, and Amazon

End of Summary