Moneywise

I Chose Fun Over Profit…. And I Regret It


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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

Jordan Schlipf spent a decade building companies optimized for fun, freedom, and friendships. But with years of hindsight, he wonders if he left too much money on the table.


Here’s what we talk about:

  • Why Jordan left a lucrative investment banking path to chase startups
  • How the Rainmaking model let him share risk (and reward) with fellow founders
  • The downside of passion-led business: no investment thesis, millions wasted
  • Why he believes he could’ve made way more money doing less exciting work
  • What he thinks about his $4M liquid net worth — and why it doesn’t feel like enough
  • The moment he realized private equity is a better game than startups
  • How he’s now trying to turn around a $10M beauty business without raising capital
  • What it really costs to live well in London as a founder with a family
  • Why he regrets chasing the “cool” startup dream instead of playing it safe
  • What true wealth means to him today: help, time, and optionality


Cool Links:

  • Hampton https://www.joinhampton.com/
  • Lower Street https://www.lowerstreet.co/
  • Jordan Schlipf https://www.linkedin.com/in/jordan-schlipf-0b855174


Sponsors:

  • Tam your taxes today at https://olarry.com/
  • Achieve your dream body with https://www.dailybodycoach.com/moneywise
  • Protect your upside and get your time back at https://www.cressetcapital.com/moneywise


Chapters:

  • (0:49) Breaking Down the Rainmaking Model
  • (2:08) Jordan’s Pivot from Investment Banking to Startups
  • (4:15) Why He Couldn’t Stay Away from Startups
  • (5:43) The Origins & Vision Behind Rainmaking
  • (8:48) Biggest Challenges in the Rainmaking Model
  • (10:57) Costly Mistakes & Lessons Learned Along the Way
  • (13:00) Why Jordan Stepped Away from VC
  • (17:05) Taking Over as CEO of a Beauty Brand
  • (18:23) Jordan’s Current Finances & Where He Stands Today
  • (20:23) Lifestyle Adjustments & Financial Struggles
  • (24:32) Life Before Family vs. Life After
  • (29:04) What He Wishes He’d Done Differently

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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