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What happens when everything you built comes crashing down?

In this episode of The 60 Second Podcast, Matt McCoy sits down with Reid Zeising, Founder & CEO of Gain, to talk about the turning point that completely changed the way he lives and leads.

During the Great Recession, Reid watched a business unravel after taking on too much leverage, leaving him with $22 million in contingent liabilities. At the same time, he was confronting active addiction, control issues, and the realization that he needed to fundamentally change his life.

Rather than declare bankruptcy, Reid spent the next six years working to repay every debt holder while rebuilding himself personally and professionally.

He shares how giving up control, confronting his own character defects, and learning to focus on what he could actually do helped turn one of the most devastating periods of his life into one he now looks back on with gratitude.

A powerful conversation about failure, recovery, responsibility, faith, leadership, and what can happen when you're forced to rebuild from the ground up.

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What does it actually take to build a business from the ground up?

On this episode of The 60 Second Podcast, Matt McCoy sits down with Mike Lifshotz, behavioral healthcare software entrepreneur and co-founder of Hatch Compliance, to break down the fundamentals of building a company.

Mike explains why great businesses start with a real problem, not a long list of features. He shares the importance of talking directly with potential customers, launching with a Minimum Viable Product (MVP), listening to feedback, and improving from there.

He also explains why customers and employees can become two of a company’s greatest assets - and why creating a culture where people feel heard and empowered can have an impact far beyond the team itself.

A quick, practical lesson for anyone building a business, launching a product, or trying to turn an idea into something people actually need.

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What can kill a promising company before it ever gets the chance to succeed?

Conrad F. Mir, President & CEO of Calmare Therapeutics, joins Matt McCoy on The 60 Second Podcast to share one of the first things he looks for when evaluating a company in need of a turnaround: toxic financing.

Drawing from firsthand experience, Conrad explains how a company with promising healthcare technology watched a relatively small financing need spiral into a much larger financial burden. His message for founders and executives is simple: understand the true cost of your capital, avoid financing that can become a noose around the business, and make sure you can deliver on the commitments you make.