Moneywise

I Built a $9M Company And Got Nothing


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Stop making million-dollar decisions alone. Hampton gives you a personal board of eight vetted founders in your city who meet monthly to tackle your hardest problems. Find your group: joinhampton.com


Kevin Bartchlett built a $9M compost toilet company from the ground up – and walked away with nothing. No contract, no payout, just a handshake. That blind faith turned into a hard lesson in trust that cost him everything – and now, the reason he’s rebuilding on his own terms.

Here’s what we talk about:

  • Building a $9M business from scratch – with zero equity in writing
  • The moment he realized his million-dollar payday was gone
  • How a $9M sale turned into $0 overnight
  • What “sweat equity” really means when it’s only a handshake
  • How trusting the wrong partner cost him ownership and peace of mind
  • Why he still refuses to be angry about it
  • What he’s building next (yep, it involves flying cars)
  • The lesson behind it all: if you’re going to bet on yourself, go all in

Cool Links:

  • Hampton https://www.joinhampton.com/
  • Lower Street https://www.lowerstreet.co/
  • Kevin Bartchlett https://www.linkedin.com/in/kevin-a-bartchlett-262233ba/ 


Sponsors:

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  • Join 700+ founders hiring A-players in Latin America at hirewithnear.com/moneywise


Chapters:

  • (1:58) Building a Compostable Toilet Empire – The Dream of a Big Exit
  • (3:22) When Expectations & Reality Collide
  • (4:24) Picking Up the Pieces: What Happens After the Deal
  • (6:01) The True Cost of Not Getting It in Writing
  • (9:41) Why Compostable Toilets?
  • (11:21) Meeting His Future Partner & Early Roles
  • (14:56) Overinvested, Under-Rewarded: The Ownership Dilemma
  • (20:28) Chasing Success, Counting the Cost
  • (22:28) The Road to Resignation
  • (24:49) Finding Empathy for His Partner
  • (27:02) New Ventures: Flying Cars
  • (29:12) Reflections – Betting on Yourself


This podcast is a ridiculous concept: high-net-worth people reveal their personal finances. Inspired by real conversations happening in the Hampton community.

Your Host: Harry Morton

  • Founder of Lower Street, a podcast production company helping brands launch and grow top-tier podcasts.
  • Co-parents a cow named Eliza.
...more
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MoneywiseBy Hampton

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