TFBIP | Ep. 36 - $20M by 21, Bankrupt Twice, One Door Every 6 Minutes — Jeremy Barker of Murphy Door
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TFBIP | Ep. 36 - $20M by 21, Bankrupt Twice, One Door Every 6 Minutes — Jeremy Barker of Murphy Door
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He made $20M by 21. Went bankrupt twice. Now sells one door every 6 minutes.
Jeremy Barker's story is one of the wildest we've had on the pod:
→ Created the metal frames used in Tuff Sheds — as a teenager
→ Was doing $20M/year top line by age 21 supplying Home Depot
→ Partied like a 21-year-old with $20M. Went bankrupt.
→ 2008 crash hit. Went bankrupt AGAIN.
→ Became a firefighter at Roy City. $762 every 2 weeks. House payment was $2,311.
→ Lived a full year in the extra-cab of his Dodge Dooley
→ Borrowed $24K from his neighbor John Porter to start Murphy Door
→ First door sold for $3,000 on a red-and-black website with green-screened fake photos
Today: one door every 6 minutes, $60M+/year
In this one we get into failure as a system, the Britney Spears analogy for why untested success breaks people, and the line I can't stop thinking about — "There's no firmer ground than the bottom."
#murphydoor #entrepreneurstory #foundermindset #podcast #resilience #flatbillinvestor #thejoshz