• $10M and Total Freedom, I Left the Family Empire to Build My Own

  • Apr 22 2025
  • Duración: 43 m
  • Podcast

$10M and Total Freedom, I Left the Family Empire to Build My Own

  • Resumen

  • 127 founders (net worth: ~$1M–$100M+) opened up their personal books. Want to see how your finances stack up? https://www.joinhampton.com/wealth-report

    Shane Cultra walked away from his family's five-generation nursery business—triggered, in part, by watching Succession. Along the way, he built up a $10M net worth, stacked Bitcoin, turned a blog into a domain empire, and made peace with a father who didn’t speak to him for a year after he left.


    Here’s what we talk about:

    • How Shane went from pit trader to plant farmer
    • The domain side hustle that cashflows $300K+ a year
    • Breaking down his $10M net worth: Bitcoin, land, stocks, and side gigs
    • Why his dad thought success would make him lazy
    • The real cost of working with family—and why he’d still do it all over again
    • How Succession mirrored his life and led him to finally walk away
    • The awkward equity breakdown: 33%, but no control
    • Selling a blog for $75K and going all-in on digital real estate
    • Why he’d rather make $18K for himself than $100K working for someone else
    • Letting his daughter fail—and why that’s the lesson his dad never learned
    • His exact monthly spending: $5,600/month, no mortgage, travel-heavy lifestyle
    • From Porsches to a two-door Bronco: redefining what rich looks like
    • $4M in stock holdings (including a $10K Apple investment for his daughter that grew to $400K)
    • Why he's not pushing the family business to the next generation—and what legacy really means


    Cool Links:

    • If you’re a founder or CEO with $3M+ in revenue or funding, or you’ve sold a company for $10M+, check out Hampton: https://www.joinhampton.com/
    • If you want a cool podcast like this one, check out Lower Street https://www.lowerstreet.co/

    Chapters:
    A Family Legacy in Crisis (00:00)
    Shane's Financial Journey (00:31)
    The Nursery Business Dynamics (04:51)
    Shane's Early Career and Return to Family Business (09:12)
    Navigating Family and Business Conflicts (11:49)
    The Importance of Land Value (16:25)
    Venturing into Domain Names (17:27)
    The Unexpected Offer: Selling My Blog (21:07)
    Family Tensions: Side Income and NFTs (21:43)
    Measuring Wealth: Personal Stories (23:01)
    Leaving the Family Business: A Tough Decision (24:59)
    Reconciliation and Moving Forward (30:42)
    Advice for Founders with Kids (33:41)
    Financial Overview and Spending Habits (35:37)
    Final Thoughts on Family Legacy (39:10)



    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.


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