12 | John Simpson - Surviving Million Dollar Bankruptcy and Recessions

John Simpson is the epitome of a hardworking entrepreneur. In 2002, he started an outdoor rental equipment company that in the course of just a few short years he built to a muti-million dollar, multi-location business. His growth came to a hard stop during the 2008 recession, where he was forced to file bankruptcy for over a million dollars. Since then, John uses his experience to help businesses and people avoid the same fate, and has become a Dave Ramsey financial peace coordinator. His efforts have lead others to pay off a total of $150,000 of debt, and to the destruction of 47 credit cards. Today he shares his story with us, as well as how to overcome a devastating financial loss as well as survive through the next recession.