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January 8th, 2026

From Broke to a Million Dollar Company

  1. From Broke to a Million Dollar Company 51:19

In this episode, I sit down with Shawn Nelson, founder and CEO of LoveSac, to share the real behind the scenes story of how LoveSac nearly failed and ultimately survived. Shawn walks through the moment quitting felt reasonable, the million dollar order that forced him to bet everything, and the grit required to build a business with no factory, no Money, and no margin for error. We also dive into leadership lessons around ego, scaling through humility, staying present, and the daily practices that ground him as a founder and human.

Key takeaways:

  • Pressure can sharpen focus or break you depending on how you respond
  • Bold action often comes before certainty Ego may start a business but humility scales it
  • Hiring great people only works if you let them own their role
  • Presence is built through daily habits, not personality
  • Staying close to customers renews belief and Clarity

This episode is for founders, entrepreneurs, and leaders who are pushing through uncertainty, scaling a team, or questioning their next move. You will walk away with practical leadership insights, mindset shifts, and reminders that staying present, letting go of control, and committing to small daily habits can turn near failure into lasting success.

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JM Ryerson Leadership & Performance Coach

JM Ryerson, who has founded and sold three businesses, now channels his expertise into helping leadership teams achieve similar success. As a Leadership & Performance Coach, International Speaker, host of the Let’s Go Win podcast, and Best Selling Author of 'Let's Go Win,' 'Champion's Daily Playbook,' and 'Upgrade,' JM brings over 20 years of experience in building companies and leading sales teams to empower business owners across various sectors. Recently, his focus has been on the dentistry industry, guiding leaders to not only double their revenue in the first year through the core business principles he advocates but also to elevate their overall leadership proficiency. As the co-founder and CEO of Let's Go Win, JM's mission is to increase leadership, enhance culture, and help teams achieve peak performance. Driven by a passion for inspiring people to live their best lives and an unwavering belief in the potential within each individual, JM is dedicated to providing the tools necessary to transcend self-limiting beliefs. Raised in Montana and now residing in Boca Raton, Florida, with his wife Lisa and their two amazing boys, JM continues to inspire and motivate individuals to become open to the possibilities life holds.