Successful Entrepreneur Eric Spofford Lists the Top Three Ways to Succeed in Business

By David Thompson

May 18, 2022 11:29 AM EDT

Eric Spofford (Eric Spofford ) (Credit: Getty Image)

At only 37 years old, Eric Spofford has had incredible success as an entrepreneur, selling his addiction treatment business for more than nine figures before just this past year. His time as an entrepreneur has been nothing short of amazing, as he's worked to help tens of thousands of people find recovery from addiction to drugs and other substances. As a former addict himself who spent seven years addicted to drugs, he knew what it was like to hit rock bottom and set a goal to help others climb their way out of such a challenging situation. His dedication to doing what he loved led to the founding and sale of one of the largest addiction treatment organizations businesses along the East Coast, a business that has helped change many lives for the better. Now, Eric Spofford looks forward to sharing the top three ways others can succeed in business.

Educate Yourself

Eric believes in the importance of educating yourself and doesn't feel that college is necessary for everyone. "I dropped out of high school in the 10th grade because of my addiction, so I never made it to college. However, I've realized over the years that college is more for the experience than anything else because the educational materials are available for free. You just have to look for them. In the beginning, I spent a lot of time at the library gathering information to help me build my business. I didn't need to spend four years or more in college to get to where I am today," says Spofford. "Work ethic beats talent. I was willing to work for what I wanted in life, which paid off. So, I encourage others to do the same. Educate yourself on what you'd like to do and then work for it to see results."

Find Your Passion

While educating yourself is crucial, you'll also need to find your passion in life to enjoy what you're doing. For Eric, starting an addiction treatment business made the most sense because he struggled with addiction himself, knew what it was like, and wanted to help others see that recovery is possible. As a caring person who wears his heart on his sleeve, it came as no surprise to those who knew him well enough that he'd operate a business designed to help others better themselves. Find what you love to do in life and turn that into your career.

Put in the Extra Effort

The extra effort goes a long way in business. It's one of the things that Eric is most proud of in his life. "I've worked exceptionally hard to get to where I'm at today. Even after selling the business and moving over to the real estate industry because it's recession-proof, I still put my all into everything, often working up to 16 hours per day. It doesn't matter how talented you are if you're unwilling to work hard for what you want," says Eric.

Taking advice from someone as successful as Eric Spofford makes sense for anyone who'd like to start their entrepreneurial journey. Despite starting from the bottom and working his way up, learning the ropes himself without formal education or guidance from others, he has managed to accomplish more than most in the past 15 years.

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