EPISODE · Dec 3, 2025 · 53 MIN
Rich Galgano lost everything to a gambling addiction & later sold his $500 million-dollar company!
from Build Better Business Podcast with Chuck Crumpton · host Chuck Crumpton
Rich describes himself as "unfiltered, transparent, and pretty damn open". He lost everything to gambling and "didn't have a penny to my name" when he entered Gamblers Anonymous.Rich emphasizes that "picking a partner is like picking your wife" and stresses the importance of aligned interests. As a buyer, Rich looks for "people, the owner, the management, the market, the product". He believes that "if you're going to cheat on your wife, you're probably going to cheat your business partners".Rich wrote "Down to The Wire: The Outlandish Tale of How I Quit Gambling to Win Big" after his father's death in 2018, wanting to leave a legacy for his children. The book became a #1 bestselling nonfiction book and received endorsements from celebrities including Paul Stanley of Kiss and Toby Keith.So much more in this conversation...Enjoy! Let me know your thoughts.Chuck CrumptonStrategicAdvisoryForum.com
What this episode covers
Rich describes himself as "unfiltered, transparent, and pretty damn open". He lost everything to gambling and "didn't have a penny to my name" when he entered Gamblers Anonymous.Rich emphasizes that "picking a partner is like picking your wife" and stresses the importance of aligned interests. As a buyer, Rich looks for "people, the owner, the management, the market, the product". He believes that "if you're going to cheat on your wife, you're probably going to cheat your business partners".Rich wrote "Down to The Wire: The Outlandish Tale of How I Quit Gambling to Win Big" after his father's death in 2018, wanting to leave a legacy for his children. The book became a #1 bestselling nonfiction book and received endorsements from celebrities including Paul Stanley of Kiss and Toby Keith.So much more in this conversation...Enjoy! Let me know your thoughts.Chuck CrumptonStrategicAdvisoryForum.com
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Rich Galgano lost everything to a gambling addiction & later sold his $500 million-dollar company!
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