Latest / Nightmare Success In and Out / Mr. Mindset, Resilience, and Grit Jeff Martinovich
Transcript
- 0:00What happens when your worst fear becomes your reality?
- 0:03Hi, I'm Brent Cassidy. Welcome to the Nightmare Success
- 0:06In and Out podcast, where we explore how to overcome your
- 0:09fears and nightmares that set yourself free.
- 0:12We're going to be exploring this topic with guys that was in
- 0:14Leavenworth with and others who survived their own nightmare.
- 0:19These stories can be inspiring, sometimes.
- 0:21Sad. There's some humor, but
- 0:24hopefully you can come away with a nugget of something that'll
- 0:27help you knock down some of the prisons you built up in your own
- 0:30mind. All right, welcome back,
- 0:34nightmare, success. In and out, listeners.
- 0:37We are back. You know, this is where you come
- 0:39for. What happens when your worst
- 0:40fear becomes your reality. How do you adapt, survive.
- 0:44Overcome, Set yourself free? Well, as you all probably know,
- 0:48I sound like a broken record when I talk on here about, you
- 0:52know, when people get indicted, 9798% of those people do a plea
- 0:57bargain, go to prison and they don't fight, they don't fight
- 1:01the system. Well, it's different today.
- 1:05I've got a guy that I'm interviewing and Jeff
- 1:11Martinovich, he he actually went through the whole thing, even to
- 1:17the point where the he he got all the way to trial and there
- 1:21was a deliberation, hung jury and the judge said Nope, you're
- 1:26going back in the end. And it ended up Jeff ended up
- 1:29getting up basically a 14 year sentence and he fought.
- 1:34And I want to read a little bit about just his background 'cause
- 1:37I think it's his background's fascinating 'cause he's kind of
- 1:40done it all. But he earned his BS in Business
- 1:43Management from the United States Air Force Academy and his
- 1:47MBA in Finance from the College of William Mary.
- 1:50He had the honor of serving his country during the first Gulf
- 1:53War at Tactical Air Command Headquarters, Langley, Virginia.
- 1:58Pursuing a career in financial services.
- 2:00Jeff was the founder and CEO of MICG Investment Management, a
- 2:05billion dollar wealth management firm nationally recognized for
- 2:09its rapid growth following the 2008 financial crisis.
- 2:14MICG Hedge Funds experience of regulatory Some regulatory
- 2:17scrutiny and allegations as CEO, Jeff vigorously defended his
- 2:23firm, refusing on three separate occasions.
- 2:27Each time I'm I'm reading, I'm breaking away here because each
- 2:30time it was less time than they. I think it finally got down to
- 2:34like three years and serving 18 months.
- 2:36He refused all of those settlement offers, and he went
- 2:41to trial against the United States of America.
- 2:45In a bizarre narrative, Jeff was convicted, sentenced to 14 years
- 2:48in federal prison. His case was reversed twice by
- 2:53the 4th Circuit Court of Appeals. 2 separate US District
- 2:56Court judges were removed and his successful federal suit
- 3:01liberated him from the higher security violent prison.
- 3:04In May and May 2020, After nearly seven years, Jeff was
- 3:10released to home confinement to begin his journey of rebuilding,
- 3:13restoring, turning disadvantages and advantage to advantages.
- 3:18And his book we were just talking about the his, his, his.
- 3:21This is the second book just released last month and it's
- 3:27called When Not If. And I'm just starting to get
- 3:30into it. I I just.
- 3:32I'm just a big fan of Jeff and his.
- 3:34His way, his leadership. His charisma.
- 3:37His can't do it. Attitude.
- 3:39Just, you know, one step at a time.
- 3:41But take take a step and don't don't stop.
- 3:45And his other book is just one more.
- 3:48And he's now the CEO of Jam Accelerator LLC.
- 3:52And it's a business consulting firm.
- 3:55It's it's a crazy story. I can't wait to unpack all this
- 3:59with Jeff. Before we do, I want to
- 4:01recognize our show sponsor, Auto Plaza Direct.
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- 4:54All right folks. Jeff Martinovich, so happy
- 4:58you're here. How are you man?
- 5:00I'm fantastic, Brad. I got to tell you real quick, I
- 5:03want to talk to those sponsors of yours because the first thing
- 5:07I did when I got home is like I got to get a car and I'm so dumb
- 5:11and I hadn't doing it online because I can't go anywhere, you
- 5:14know, to look at what? So I buy a car out of Chicago.
- 5:18It shows up, you know, 100 days late.
- 5:21Clearly it's been through a flood.
- 5:25I know I lost so much money and I had no money at the time.
- 5:29You need it Auto Plaza Direct. I that's what I'm saying.
- 5:33I shouldn't know those guys. I I've made a lot of dumb
- 5:37investment decisions, but that was still my dumbest yet.
- 5:41I love it. And for for those who who are
- 5:44listening and watching Jeff when he got home he's been on the the
- 5:51CARES act put people on home confinement.
- 5:53But it's not all you know daisies and roses.
- 5:57You you have to you have to wear a ankle monitor.
- 6:00You probably have to be in by 9:00.
- 6:02You have travel restrictions. But what Jeff and I were just
- 6:04saying it's better than the alternative.
- 6:06It's it's better than being in prison and and your journey
- 6:10through all that was I can't. Well, I want to jump into all of
- 6:14them before we do. Jeff.
- 6:16I You've got such a interesting history because you've you've
- 6:20got the military mixed into this and then you get into the
- 6:23entrepreneurship of building a company.
- 6:27And one of the things I thought that was interesting about your
- 6:30story and building the company was that it seemed like at a
- 6:35time when all that financial disaster happened, they went
- 6:38after certain size companies, not too small, not too big, but
- 6:43they went after the ones that could sink their teeth in that
- 6:45were just right. You know, it's like the three
- 6:48years deal. Yeah, we.
- 6:50Take it down. I call it purgatory that, you
- 6:53know, we were too big to not be on the radar screen, but too
- 6:59small to write the $300 million check that makes them move on to
- 7:03the next guy, 'cause you remember, you know, the Federal
- 7:07Reserve and everybody gave all the big banks trillions of
- 7:10dollars and then find them to get, then find them to just get
- 7:14their check back. Yeah.
- 7:16And it's funny, you know, the whole world kind of doesn't see
- 7:19that. But yeah, we, you know, and and.
- 7:23Timing, I you know that that was the craziness of the timing of
- 7:26that time period. It was.
- 7:28That was a little, that was a little Occupy Wall Street time.
- 7:31You know you're going to get some of the badge.
- 7:32Your 4O1K just got crushed, people.
- 7:36Were looking for scalps. And and I was too naive to just
- 7:42understand that that could ever happen and and you know when you
- 7:46do come from like the Academy and and you know you've got a
- 7:50little duty on our country and so you're like.
- 7:53I think that's a big part of your story too, Jeff.
- 7:56Is is you know so many people. When you get into that, 9798% of
- 8:01the people get indicted you. It was almost like in your soul
- 8:06that that you had to by principle move forward.
- 8:09And I I want to get either. That either that or I'm the
- 8:12least intelligent American citizen.
- 8:16But but yeah, you know it it's everybody's different.
- 8:20And so I would never judge anybody else for that.
- 8:22Certainly 99% of people think I'm crazy for doing that and I
- 8:27believe they're probably right. But, you know, my son was 18 and
- 8:32going off to college. And, you know, I sat down with
- 8:36them and I sat down with my own father.
- 8:39And, you know, I said if it was a different circumstance, if I
- 8:42had small kids, I couldn't have done that.
- 8:45OK, I couldn't have done it. But, you know, hopefully, you
- 8:48know, I wanted to show leadership by example.
- 8:51And I knew it was going to be really painful, but I but I
- 8:55always thought we'd win. It took seven years longer than
- 8:59I thought. But I think, you know, everybody
- 9:03goes through certain existential moments in their life where they
- 9:07make such critical decisions that can make mammoth, you know,
- 9:12differences right or left and and maybe that's the whole grand
- 9:16design plan that we all go through some of them.
- 9:19I think it could because you know, it's the whole sliding
- 9:21door thing. If I would have chosen this way
- 9:23or that way, what would have looked like?
- 9:25Well, talking about what things would have looked like what?
- 9:28Take us back a little bit, Jeff. We're Where were you as a kid
- 9:31and growing up and parents and siblings and that.
- 9:35Oh, the quick, quick boring story is I grew up in Dayton,
- 9:39OH. My dad was civil service for the
- 9:42Air Force. My mom worked in the service
- 9:45department at Sears. You would call up and scream at
- 9:48her when she said back then that before weeks till they come out
- 9:51to repair your refrigerator and and and I played sports all my
- 9:56life and I was very lucky to get a congressional nomination and a
- 10:02basketball scholarship to the Air Force Academy.
- 10:05And so my first question was where is that That's in
- 10:08Colorado. Where's that.
- 10:11But I went out there it was an incredibly challenging
- 10:14experience. But I I made the greatest
- 10:18friends that are all still part of my consulting firm right now.
- 10:22I love. That about your story.
- 10:24I love that. About your story, Lifelong
- 10:27trench trenches, 35 years. And so when I would cry about
- 10:33how miserable I was there, my parents would always say it's
- 10:36one of those things that after you do it you think it was a
- 10:40really good thing to do in the Air Force treated me amazingly
- 10:44well. I worked on the stealth fighter
- 10:46program that and and so and they paid for my education of course.
- 10:53So I I had been an incredibly lucky guy that, you know, has
- 10:58really gotten a lot of benefits. And so, you know, I was just, I
- 11:03think I was very fortunate by the time I got to my Black Swan
- 11:07event, I had been very trained with all kinds of success and
- 11:12all kinds of disappointments in sports, military, academics,
- 11:16entrepreneurial. So you know, I believe kind of
- 11:19my path was to be prepared to be able to handle.
- 11:23Do you think because you know you being an athlete and and
- 11:28playing sports you both of you and I played sports.
- 11:33How do you. I often think that that figuring
- 11:36out how to win, being on a team, the ups and downs in the locker
- 11:41room. I I also think that somehow
- 11:46feeds into entrepreneurship too. What?
- 11:48What's your feelings about that? Absolutely.
- 11:51You know, all the way through. I I never forget the day at Fort
- 11:56Dix, New Jersey Federal Correctional Institution.
- 12:00I walked into the gym for for to play basketball and I was able
- 12:08to borrow someone's shoes, you know, 2 sizes too small and all
- 12:13that. And I'm lacing up my shoes
- 12:15there. I am one of like 1000 people in
- 12:19there and I'm probably the only demographic of of my same
- 12:24demographic. And I said to myself, self, hey,
- 12:29we did this before. We're back at zero.
- 12:32We're just starting again. We proved ourselves before we're
- 12:36going to do it again. And I think that is the
- 12:39entrepreneurial thing that just says, hey, I can start something
- 12:43from zero. OK Yeah.
- 12:47Yeah. And I think I always say to
- 12:49Cole, my son, you know, the only reason we know all these
- 12:52business things that people like to ask us, How do you know that
- 12:55it's purely learning? By doing?
- 12:59Yes. And, you know, there's no rocket
- 13:02science doing this, but if you do it next time, you're going to
- 13:05know. And you can help a whole bunch
- 13:06of other people do it too. So true.
- 13:09And I I think that, you know, just doing it, you know, a lot
- 13:13of people will will keep learning and learning and
- 13:15learning, but they're afraid to go out and just do it.
- 13:18And I, you know, I think that's one of the incredible things
- 13:20about your story which I think is going to be so helpful for
- 13:22people to read your book. You know it.
- 13:25For some people, it's hard for them to wrap their mind around,
- 13:27you know, going from zero to a billion and then going to 0.
- 13:33But then having it in your DNA to say, you know what, they
- 13:37didn't take my brain. I can, I can recreate.
- 13:39I know how I built it. I know how to build, but let's
- 13:44let's go back a little bit. So you you get into the the
- 13:49military naval world, you build in some really good friendships.
- 13:55How does how do things progress for you?
- 13:57Because, you know, a lot of people just go to the military,
- 14:00they stay into it, they get ranked and they move on.
- 14:03And we had the Gulf War experience.
- 14:06What were you thinking at that time as as in that time period
- 14:09in your life? Were you thinking, I'm going to
- 14:11stay in this military world or were you thinking, I'm getting
- 14:14out, I'm going to go create? What was what was going on?
- 14:17You know, I have to go back to my father who grew up without a
- 14:21father, extremely poor in the steel mills of Johnstown, PA,
- 14:27who basically then taught himself everything from that
- 14:31point forward in real estate, stocks, things like that, you
- 14:36know, And and for the teeny little bit of extra money we
- 14:39had. So I had a lawn mowing business
- 14:43and a snow shoveling business and I and I saved up $500 and I
- 14:49bought my first stock with Cedar Fair, which which how would you
- 14:52admit Jeff at that time? Yeah, like 615, because at 16, I
- 14:59wanted to buy a car, right, in Ohio.
- 15:02So by the grace of God, super pure luck.
- 15:05This stock flight almost double s.
- 15:08I cash it in. I go to client, lawn mowing.
- 15:11Client of mine has this Ford Firebird 1975 Firebird in the
- 15:16garage. And I'm like, hey, how much you
- 15:19want for that Firebird? And he said he was a Air Force
- 15:24guy moving. So I'll take 500 bucks.
- 15:26I said done. I'll be right back.
- 15:28Got it. So from that moment forward, I
- 15:30was hooked on investing. I was hooked on wealth
- 15:33management and you know as opposed to one other occupation
- 15:39is the oldest occupation in the world making other people money.
- 15:44You you're always going to be successful.
- 15:46You're, you know you can do it 100 different ways.
- 15:48And so I really enjoyed that part of the business that where,
- 15:53you know, I could help you in, in the how it works, which you
- 15:57know, people think, you know all the negative effects, 98% of all
- 16:02financial people are the greatest and most ethical human
- 16:06humans on the world in the world.
- 16:08And they realize the more people you help the more you prosper
- 16:13also. And so it was, it was just a
- 16:16concept that aligned with me and I was just again, so lucky to
- 16:21get in a business that was like perfectly aligned for what I
- 16:26wanted to do, how did? You get in it.
- 16:29So I got my MBA, William and Mary.
- 16:32I was able to get out of the Air Force every about five years.
- 16:35And and again, I always said, hey, if you have an F15, you
- 16:37need a guy back. I'll be back anytime.
- 16:41And I and I became a rookie stockbroker and at a firm called
- 16:46a Week for Security who eventually got bought out 10
- 16:50times. And I said to the manager, I
- 16:53said so, so how do I get paid? He's like, you know, you can
- 16:56make as much as you want. You know, you just got to make
- 17:00it. And I said whoa, whoa, whoa.
- 17:01You mean there's like no limit on the amount of money I can
- 17:05make if you started laughing. And he said absolutely not.
- 17:10And so from that moment forward, I cold called every human in in
- 17:16the world and asked them to come in for a meeting and do a
- 17:19financial plan. And so I was the king of the
- 17:22$100 a month into a mutual fund and everybody else was wealthy
- 17:27and new business people. And I was 27 years old and
- 17:30didn't have a dollar. But the the the difference there
- 17:35is I opened up, you know, 10 times the accounts anyone else
- 17:39did. I had to because they were so
- 17:41small. And then years later, that's
- 17:45what made it so huge. Wow.
- 17:47And I think it's I think it's somewhat fascinating too when
- 17:52you're in your 20s and you know sales and somebody telling you
- 17:58it's Commission. But if you feel that vibe, it's
- 18:01kind of like being in sports. You know you got a scoreboard.
- 18:04It doesn't matter how old you are.
- 18:06If you play, you play good, you're on the court.
- 18:09It it, it has the kind of rhythm and and feel of that sports
- 18:13world of hey, if you're 27 years old and you can make the calls,
- 18:17you can make whatever you want. You just got to go out and do
- 18:20it. If you get good at it, they
- 18:22don't care if you're 252730. Eight.
- 18:24No, no, no. I I had some great mentors.
- 18:28Part of my couple of books talks about, you know, being lucky
- 18:33enough to have great mentors, whether that's a grandfather or
- 18:37a business guy or a coach or a or a Lieutenant in the military
- 18:43makes a huge difference. And so we used to stay in the
- 18:47military. The Lieutenant should listen to
- 18:50the generals, you know, and learn from their mistakes that
- 18:53they don't have to go make the same one.
- 18:56So same thing in business and. And so one of the reasons I like
- 19:00to write some of the books is to try to give out that wisdom that
- 19:05was given to me, because a lot of people aren't fortunate
- 19:08enough to run into those kinds of people, and so they don't.
- 19:12They don't know a. Lot of people are afraid to ask,
- 19:14too. I think you know, the the the
- 19:17idea of humbling yourself and say, hey, I don't know all the
- 19:19answers, but he does. He's doing it.
- 19:22And that guy that's usually doing it usually wants to tell
- 19:25you about it, 'cause he's pretty proud of the fact that he's
- 19:28figured it out. And if he tells you what he's
- 19:31doing, and you can put and implement that into what you do,
- 19:35it's like getting the answers to the test before the test.
- 19:37Exactly, exactly. So mentors are huge.
- 19:41Mentors are huge. OK, so you get in, You can start
- 19:45creating all these accounts. When does it dawn on you, Jeff?
- 19:50I wonder if I could just go start my own thing.
- 19:54Well, actually the, the CEO and the owners of the firm came to
- 19:59me and said like, hey, you know, soon you're going to be going
- 20:03doing your own thing, You're transferring to Merrill Lynch
- 20:06and maybe getting a big check. Yep.
- 20:08So why don't we help you create your own firm and again who
- 20:13would ever who would ever get that break.
- 20:15I mean that's a fuck that would never happen And and gosh I was
- 20:19just like blown away and so I did and they helped me create
- 20:23it. I cleared through them still it
- 20:25was a big win win and that's how we did it the whole time.
- 20:29And and again, these were really smart people and I I, you know,
- 20:34I could have never figured it out on my own and I hired one
- 20:37person and then a couple of months later I have enough money
- 20:40to buy to hire another person and and soon we had 100 people.
- 20:46And it became a a nice big company that I can tell by just
- 20:52reading around the edges that it had a really good culture too.
- 20:55The people that were you had. That was that was our whole
- 20:58thing. You know, we we were a big Jack
- 21:01Welch fan and we wanted to hire a players, help the BS become AS
- 21:07and help the CS go find another place that they can be happy
- 21:11having another opportunity. Yeah.
- 21:14And you know, we did all kinds of crazy stuff to build that
- 21:19kind of culture. And and you know what?
- 21:22I was also a huge believer, hire a bunch of people much smarter
- 21:25than myself and that really worked and give them incredible
- 21:31opportunities, just like the opportunities I was given and.
- 21:35And so, yeah, it grew really fast and it averaged 36% growth
- 21:39a year for almost 2 decades. Yeah, it was recognized that way
- 21:44nationally, one of. The fastest growing.
- 21:46Yeah, very fortunate very fortunate.
- 21:48Great group of people and man you know and what you know
- 21:53besides the crazy nuclear make meltdown of of everything you
- 21:57know that was my deepest guilt that you know I kept.
- 22:01I always said like why do they have to kill the golden goose.
- 22:05You know, if it if it was me they wanted to take, you know,
- 22:09shoot the head off, fine, but don't kill the company.
- 22:14Because so many lives. So many lives.
- 22:17We supported every charity on the plant.
- 22:20You know every weekend we're running these ten KS and
- 22:23building the houses and Big Brothers Big Sisters and it just
- 22:28hurts so many people. What what what people don't see
- 22:32is the propagating effect of, you know, you take away all this
- 22:36income, all these kids college, all these charities, all these
- 22:40communities. And so that was always, that's
- 22:44my biggest regret and and you know, I really, I know it may
- 22:48sound silly to some, but I believe we will eventually
- 22:51rebuild it and restore, you know, a very large number of
- 22:56stakeholders that were part of that.
- 22:59Well, let's go into when the nightmare landed because it it's
- 23:05interesting to me you're talking about how you were helping the
- 23:10community and you were wanting to be seen as the company that
- 23:14was leading change. And the there one change that
- 23:18happened was you you got contacted by this Regulatory
- 23:22agency and you were thinking, well they're contacting us
- 23:25because we're the good guys. They they want to see us as the
- 23:27beta site for you know showing everyone else how to be good.
- 23:32And you guys just start giving them this information as if
- 23:36we're all in this together and then it turns.
- 23:40Right, right. We we had basically a spotless
- 23:44you know, compliance record all those years, which is very rare
- 23:47and and probably a little lucky. So they approached us to do the
- 23:52FCC and FINRA to do a joint exams and audit to be more
- 23:57efficient. And so they called me because we
- 24:00were all those different things. We're like 8 different companies
- 24:03in one and and me again, really dumb business mistake on my
- 24:10part. I'm like absolutely.
- 24:13You know what a lot of that is narcissism and wanting to be
- 24:17important and wanting to say like oh it came to us we're the
- 24:21best. OK.
- 24:22So certainly and and you know I now see like that's like the
- 24:26dumbest thing you could ever do because it was just a fishing
- 24:28expedition to find something or or many something and and it
- 24:33went on forever you know three times longer it normally does
- 24:37and and so it was almost like so pre planned that I just never
- 24:43saw it coming up. My blog last week was about one
- 24:46of our chapters about good CE OS need to see around corners and
- 24:52you just need to figure that out.
- 24:54And you need to, you need to be a little cynical.
- 24:56And unfortunately now with all the companies we help, I'm like
- 25:00the grouchy granddad, cynical guy.
- 25:05Yeah. Don't know.
- 25:06That's not what they mean. It's this, you know?
- 25:09And it used to be the young, naive cheerleader, so hopefully
- 25:13I haven't become too sick. No, I I would say that you're
- 25:15definitely balanced stuff, 'cause you don't lose, you don't
- 25:17lose that in your DNA, but you get, you get called in Jeff and
- 25:25and you you talk about this doesn't feel good.
- 25:28This is this sounds they're bringing you to a meeting and
- 25:32all of a sudden it's like this this sounds like things are
- 25:36going in the opposite direction. What?
- 25:38What was going through the steps in your mind at that time?
- 25:43Well, I think as as we all know when when we lied to our parents
- 25:47100 years ago, you know, if you are doing something wrong, you
- 25:52always, you know, you get this pit in your stomach kind of
- 25:56feeling. And I either was just so naive
- 26:01or or there was nothing wrong that, you know, I just never had
- 26:04that feeling. I just never thought no, I mean
- 26:06there's nothing here. I I still believe that 1000%
- 26:10today, there's nothing here. But the.
- 26:15So when they bring you in and they start asking all these
- 26:18questions and and they put a stack of 100 emails in front of
- 26:23you and they pull out each one and they go, what do you think
- 26:27your investment banker was trying to stay there?
- 26:31And I would say, well, I don't know, you know, but there was
- 26:35never one thing that ever caused me any concern.
- 26:39So that's why I felt it just would be, you know, not to be
- 26:44too dramatic but immoral and unethical for me to say that
- 26:49these guys in our company did this or I did this because I
- 26:53just never saw it throughout the whole event.
- 26:59So Jeff, you get in, you get into and out of that meeting,
- 27:02what's the next thing that starts happening with you and
- 27:04the company? Well, I think as you were just
- 27:09Speaking of, it goes into like a tornado and in in just everybody
- 27:17and everything and you have so many people and so many
- 27:20competing interests and it really does start to be this
- 27:26like nightmare that you think this just really can't be
- 27:30happening. And I'll fix this because that's
- 27:34as entrepreneurs, captains of the team, you know, we're like
- 27:38that's just another problem. And so that was the thing that
- 27:43kind of kept me trying to think I could manage all this and find
- 27:48the truth and the right answer and everybody will be back to
- 27:51business. I remember even one time before
- 27:55trial, I said to the attorneys like I was a president of YPO,
- 28:01young president. And you know in that in that
- 28:04it's a great organization. So if you need anything, what do
- 28:07you do? You pick up the phone and you
- 28:09call somebody and that's all part of the deal.
- 28:12And so I said to them, this is crazy, who do I call?
- 28:17And and I remember the attorney saying for this, there's no one
- 28:21to call. And and that really kind of hit
- 28:23me there like you were in the spider web, you were in the
- 28:28system and and you know it is just a unbelievably system
- 28:36system that. Well, it feels like the weight
- 28:38of the world, I mean. It's the weight of the world.
- 28:40Yeah. I for for a year there I had
- 28:44about 9012 martinis, which I shouldn't have.
- 28:49But that's just an honest answer, Yeah.
- 28:53And you're just trying to, like, navigate this terribleness all
- 28:58day, all night. Lawsuits start showing up all
- 29:03powers of the night. I became good friends with the
- 29:06sheriffs and all the servers, 'cause they were coming by so
- 29:10many times. And what happens is it, you
- 29:13know, I used to have this Porsche 944 that bought when I
- 29:16was a Lieutenant, and I couldn't afford to repair it, so I had to
- 29:20get rid of it. But when the timing belt goes
- 29:24out in one of those cars, all the Pistons slammed together and
- 29:28it's, you know a nightmare. And that's really how the the
- 29:31analogy that I felt it was one thing breaks and then
- 29:35everybody's competing interests going to start slamming into
- 29:39each other and it's a free for all the other thing regulators
- 29:44and prosecutors convince shareholders and stakeholders to
- 29:50work against their best interests.
- 29:53Yeah. Because they have a
- 29:55accomplishment. It's not to help shareholders,
- 29:58not to help stakeholders or boys or anything like that.
- 30:01They're they have accomplished their mission.
- 30:03So they convince all these people to do all these things
- 30:08that were only to their great detriment.
- 30:11And it, you know, it, it baffled me non-stop.
- 30:15And I felt so sorry for these people being manipulated by the
- 30:19system, which just kind of further reinforced that
- 30:23everybody loses. It's really hard to explain that
- 30:26to somebody if they've never kind of been through that or
- 30:30they think that it's all there to take care of people.
- 30:34And there's a lot. Rely on the government.
- 30:36And there's a lot of fear, you know that once once there gets
- 30:39this this momentum rolling and you've got a company and then
- 30:44you've got the media and then you've got the the federal
- 30:46government, all those things roll into people around you get
- 30:51fearful because and it should be it actually they should be
- 30:54fearful because it it really can land on them.
- 30:58And so there there are, it's not just paranoia.
- 31:02People who are around in this spinning world of of what's
- 31:08going on at that time, anybody can be sucked in.
- 31:11And so it really scares scares people to death.
- 31:14Yeah, yeah. Even Even talk about in the
- 31:18book, like even the fleet of attorneys and accountants, we
- 31:22had that, as you know, as CEO, you're signing this right now.
- 31:26You know, you rely on all these things, which which again is
- 31:29another mistake that I made. I should have controlled a lot
- 31:33more of that. But, you know, unfortunately,
- 31:37they scatter like cockroaches when the kitchen light is turned
- 31:42on once the feds show up because they know they're smarter than I
- 31:47was and they know everybody could take a bullet.
- 31:51And so they scatter even though you might have, you know,
- 31:55employed them for the last 20 years.
- 31:58It's because they know everybody can be hurt.
- 32:02So how long does this whole thing take for you from the time
- 32:05that you went to that meeting and the time that you're
- 32:09starting to get these plea deals?
- 32:13Yeah. What's your time like in your
- 32:16life at that time? Yes.
- 32:18It's like it's probably a two to two years, two to three years.
- 32:24You know, it's a long process. We gave them 8000 emails to
- 32:29review. No, I'm sorry, 800,000 emails
- 32:35with you, they lost them all and then we had to recreate them
- 32:39again and it was very long process.
- 32:43But it's it's about a two to three-year time frame where
- 32:47where you're living that nightmare and unfortunately you
- 32:51know, you have all this incredible guilt and regret and
- 32:55remorse for all the other people damaged by this.
- 32:59And you know, I used to, I used to have this great fear that I
- 33:04would die and and doing something stupid and on my
- 33:10tombstone it would say, man, we thought he was a smart guy.
- 33:14And you know, and at that time and at that time, you know, I
- 33:17really feel that's not an irrational fear because I let
- 33:21down so many people by not figuring out how to handle this
- 33:27and win and save it. And you know, it's just God, you
- 33:32have this unbelievable weight and and everybody believes you
- 33:36should have that way. What were your attorneys saying?
- 33:38Because you because you being a unique guy that didn't get
- 33:44scared to his core and and and fall into the plea bargain.
- 33:50They're not sure what to do with a guy like you, an animal like
- 33:53you. Because they're not.
- 33:54They don't. They don't go to trial and and
- 33:57so when you're saying you're going to go to trial, what are
- 34:00your, what are your attorneys telling you?
- 34:03Right. Well, and and you know,
- 34:07everything that we put in this latest book, 100% of it is
- 34:11documented on the federal record because I didn't want to put
- 34:15anything in there that was not true, of course, but also not
- 34:19even exaggerated. So because, you know, when you
- 34:23lose everything, all you have is the truth.
- 34:26And that's like your foundation. And if you lose the truth, then
- 34:30you've nothing left to stand on. So I was always the seven years
- 34:35that I wrote over 500 motions and petitions with a #2 pencil
- 34:39and a manual typewriter, I was always very careful to ensure
- 34:43there's like not one iota of misrepresentation or
- 34:49exaggeration because then you're, you're toast again,
- 34:52right. So in the first meeting with the
- 34:56attorneys, that criminal attorney, they said, hey, we
- 35:00just took the last week or two and went through every piece of
- 35:04evidence and we can't find one piece of evidence that you did
- 35:09anything wrong. So you know, we just want to let
- 35:12you know that. And I jumped out of my chair.
- 35:14I was like. Yes, but I'm.
- 35:16Excited Gallery. Finally somebody.
- 35:19You can't believe in me. And so, you know, we just kept
- 35:25on that path and every time we'd get another plea deal offer, I
- 35:28would meet with all the attorneys and say is there
- 35:31anything, have you seen anything?
- 35:34There's got to be something, you know, I'm sure some crazy e-mail
- 35:37and they will always say no. And then I would turn down the
- 35:40plea offer. And so I was just so kind of
- 35:45naive, very naive, that I believed I could talk to 12
- 35:51reasonable people. Well, it.
- 35:54I don't find that. I don't find that unbelievable
- 35:57because if you are Aceo, you're you're into motivating people.
- 36:01You're getting people to to understand your point of view
- 36:04and what needs to be done. And this is our plan of action.
- 36:07This is how we're going to do it and this is how everybody will
- 36:09understand how to do it. Yeah, that doesn't seem like a
- 36:12far away thought that you should be able to explain.
- 36:16Did it at the time. Yeah, yeah.
- 36:20Well, before we get into the trial, I want to recognize our
- 36:23show sponsor, White Collar Support Nightmare Success is is
- 36:29sponsored by the White Collar Support Group.
- 36:31It's the world's first support group devoted to people
- 36:34navigating the white collar criminal justice system.
- 36:38I'm a member of the White Collar Support Group, and I can tell
- 36:40you there's a bunch of people who help each other through the
- 36:43criminal justice journey for free.
- 36:45Whether you're just starting your journey or made it through
- 36:48to the other side, this is a great space for you.
- 36:51You can join us on Zoom Monday, 7:00 PM Eastern Time or 4:00 PM
- 36:55Pacific. For information, go to
- 36:57prisonist.org. That's prisonist.org.
- 37:01Start here. So Jeff, once you realize that
- 37:06you're going to step into that courtroom, I know there's a lot
- 37:09of preparation, a lot of things that go into that.
- 37:11And I that's that's a whole world that you know very few
- 37:16people go into a federal courtroom and say I'm going to
- 37:18fight in that time period were were were you walking in
- 37:24thinking if I can just have my day in court we'll get this
- 37:28cleared out. Yes, that's exactly right.
- 37:32That's what I thought, and until 10 seconds into the beginning.
- 37:41What happens? Well.
- 37:45The the judge who was later removed from the case was
- 37:52greatly censored by the appeals court for just like there was a
- 37:57mission clearly there is the phone calls and there there is a
- 38:01mission to destroy the defense and control the whole operation
- 38:07and and the 4th Circuit Court of Appeals lays that out actually
- 38:11have their language in the book. But this, my great
- 38:17miscalculation, was saying I'm going to explain hedge fund
- 38:23accounting to its Bureau of 12 very honorable, hard working
- 38:29Newport News Shipyard citizens. And they spent every day putting
- 38:37pictures on the big screens in the courtroom of my automobile.
- 38:41Money spent. Lifestyle.
- 38:43Yeah, vacations. They flew in the pit boss from
- 38:49the Bellagio blackjack pit to tell them how much I spent on
- 38:56blackjack and you know, and then it just took off from there, so
- 39:01I think. It's interesting for people to
- 39:03know what the amount of money that we were talking about in
- 39:07this case shocked me because in the in the world that we were
- 39:12talking about when things crashed, we were talking about
- 39:14billions and billions and billions of dollars.
- 39:18They were talking about a solar company that was overvalued by
- 39:24the benefit of $140,000. That's right.
- 39:29And that was in that same period, you know, we had about 8
- 39:33million of fees. Yeah.
- 39:34And so. So first some the reason I just
- 39:38thought it was so fantastical was that for for that point OO
- 39:451% or whatever that is, I created a huge conspiracy to
- 39:51manipulate all of the firm's management team, all of the
- 39:56external valuation experts who did and the AICPA certified
- 40:04auditing firm. So for that point OO1.
- 40:09It you know I was pretty pretty masterful how it's.
- 40:12Been masterful. So you get through this crazy
- 40:16trial and it's like the movies, you the, the except I guess it's
- 40:24it's something more like the movie.
- 40:25How do you find out that the jury is having a difficult time
- 40:29with the deliberation and they're hung up?
- 40:33Well, we were in the courtroom and they came back and they
- 40:35said, you know there's a number of the people that just can't
- 40:39find any evidence to convict and the judge can stop and and
- 40:47directed them. This is after about four or five
- 40:50weeks, you know, of these guys being away from their lives and
- 40:54their families and they were incredible people.
- 40:57And so Friday, late night, he instructs them, you will be back
- 41:02here Monday to start this all over and go through it again.
- 41:06And, you know, you could see it in their faces.
- 41:08And then Monday morning they came back and an hour or two
- 41:11later and everybody's guilty so everybody could go home and back
- 41:16to their lives. And you know what?
- 41:18I don't blame them. I don't blame them.
- 41:19It's such a crazy process that they had to get on with their
- 41:23lives too. So you find out you're guilty,
- 41:27they come up, they they they deem you guilty.
- 41:31And I, you know, I What's the time period that you had between
- 41:37that guilty verdict of finding out what your sentence was going
- 41:40to be? Boy, that's a good question.
- 41:43It's such a blur, you know it is a.
- 41:45Blur. It was a blur to me and I didn't
- 41:46go to trial. Yeah.
- 41:48Maybe it's a month or two or I don't even know if it's.
- 41:50Because you're like in no Man's Land.
- 41:53Yeah. And my No Man's Land was
- 41:55pleading guilty and then and then being sentenced and then
- 41:59having two months to wait to find out where I was going to
- 42:04go. Right.
- 42:05You were waiting to find out what your sentence was.
- 42:09You get pulled back in there. Did you have any idea that that
- 42:13that they were going to have the type sentence that they had?
- 42:18Well, an honest answer is, the attorney said, like, hey, if
- 42:21everything goes terrible, you know, you've been looking at
- 42:23like 10 years. So and so I I to, to their
- 42:28credit, you know, that's what they told me.
- 42:30So I knew that. I knew that, yes.
- 42:34And then when they started the sentencing and and the the judge
- 42:39went on a soliloquy for you know, 1/2 hour about automobiles
- 42:46and houses and lifestyle which you know had nothing to do with
- 42:52a solar company evaluation stock.
- 42:56You know it's clearly it's clearly a constructed process.
- 43:00It is an objective to strike fear into the mass public and
- 43:06they accomplish it very well. And.
- 43:08And one of the things which you've done such an incredible
- 43:12job with, and I'd love to follow in your footsteps is, you know,
- 43:17there's a hundred things about that process that are just
- 43:20morally, ethically, logically wrong.
- 43:23And I'm going to do everything I can for the rest of my life to
- 43:27help make it better for other people.
- 43:29Now, I'm a great supporter of of keeping crime off the streets
- 43:35and all the violence and all those things, OK.
- 43:38But I'm also a great supporter of what they teach you at the
- 43:42Air Force Academy is ethics and fair.
- 43:45And so it's just the whole process is designed to
- 43:49accomplish an objective. And it again, not to get on too
- 43:52much of our rant today, but the process from front to end.
- 43:58It's just dumb. It accomplishes the exact
- 44:02opposite of objective of what it says it's trying to accomplish.
- 44:07So there's only two answers to that.
- 44:09There's incompetence or that's not really the mission.
- 44:14It can't be, can't be anything but that.
- 44:16But if we want to make the world safer, we want to make the
- 44:20market better. We want to help, you know,
- 44:23people, rehabilitate, whatever that would be.
- 44:26You would do the system 180° from what it is set up to.
- 44:32Do you know that 100 times better than I?
- 44:35Did well, I, I we both lived it. And I can't imagine though on
- 44:40your journey going through that, going through the trial, going
- 44:47back to sentencing, the judge comes out with the sentence and
- 44:54what's what, what's what's going through your your mind at that
- 44:58moment. Well, I'm still in the mode, as
- 45:02I still have today. No problem.
- 45:05We're going to fix this. We're going to do an appeal and
- 45:08and I'm going to figure out how to do that appeal and I
- 45:12guarantee this will be reversed. And so I never, I never had the
- 45:17breakdown moment, actually. I one day talked to like a
- 45:24counselor in Norfolk, VA. I only went one time, but all my
- 45:28friends are like, man, you got to go.
- 45:31This is crazy. And I said to him, I said, hey,
- 45:35is it just some moment I'm going to like be walking down the
- 45:38street and I'm just going to like fall on the ground and have
- 45:41a heart attack and nervous breakdown?
- 45:45And he said, no, he's like, no, I don't think you're ever going
- 45:48to do that. And and I really never did have
- 45:51that moment because it was all fight or flight.
- 45:56And so I couldn't let myself accept the truth that I was
- 46:02screwed. And this was all crumbled.
- 46:05And they killed the golden goose.
- 46:07And we lost a billion dollars. And all these people lost their
- 46:10jobs and the shareholders lost their investment and the
- 46:13stakeholders and the funds. And I just couldn't let myself
- 46:17ever believe that I'm not going to fix that.
- 46:20And I have to admit, that's the way I still look at the world
- 46:23today, that I am eventually going to fix this.
- 46:28And I think that's the only thing that has kept me going.
- 46:30It's such a great mindset, Jeff, because you know there there's
- 46:34so many wonderful statements in that movie Shawshank Redemption.
- 46:38But one of them, you know, get busy living or get busy dying
- 46:42right in prison, you find that there's that there is literally
- 46:45only two paths on that. There's the people who've given
- 46:47up and they've kind of, you know, you can see it in their
- 46:50eyes and you can see that people are just trying to make it work
- 46:53and and trying to see how to better themselves so that when
- 46:57they get to the next step that they're better.
- 47:02And and that's what you did. I I'm curious, when you found
- 47:07out that you were going to a different type of prison, what
- 47:12what was that like? I I can't.
- 47:14You know, I went to Leavenworth, which everybody knows the name
- 47:17of Leavenworth. But I was at a prison camp.
- 47:19You didn't get that opportunity. Right.
- 47:24Well, when you talk about kind of the survival type stuff is, I
- 47:31kind of figured out I'm going to try to get stronger every day in
- 47:36three areas, physically, intellectually and emotionally.
- 47:43And if I can do that, maybe I'll be strong enough to get through
- 47:46this and you know, physically not just for self-defense but
- 47:51for serotonin and dopamine and all those things help you do
- 47:55things intellectually. I read 26th of the classics and
- 48:01you know when you come from the schools of engineering, you
- 48:04know, I don't even know what a classic is.
- 48:06So. So I told myself, hey, this, if
- 48:09I this will be the only time in my life that I'll have this
- 48:12opportunity to better myself in those things.
- 48:16And then emotionally, I did a lot of city yoga and some
- 48:20different things that that really helped take the edge off
- 48:26the anger so that I could see through to positive activities
- 48:31and not just be so angry. Those are great strategies you
- 48:35just laid out there that. Really helped, You know, 1 foot
- 48:39in front of the other every day. So you were, you were in this
- 48:45place that is an arena that you would have never thought you
- 48:48were going to be in. I'm sure that we don't want.
- 48:53Everything is about, you know, how do you do your time, you
- 48:56were locked in on really understanding how you could
- 49:01unravel yourself from this legal mess, and you really became your
- 49:06own attorney, didn't you? Right.
- 49:09Well, you know, it helps. It helps when they take your
- 49:11billion dollars so you don't have any more money before the
- 49:14attorney. You figure it out.
- 49:17Yeah, you're just of course me, but you know I got really lucky
- 49:20and I knew of course I was going to have to try to figure this
- 49:22out. But I just started helping other
- 49:25guys and and we calculated at one time that I I filed over 300
- 49:31motions for 300 other guys. That's incredible.
- 49:36And and unfortunately at the beginning those guys probably
- 49:38got a lousy deal on their chill house lawyer.
- 49:42But you know, I got a little better, got a little better, you
- 49:44know, and of course you never win anything, but you start
- 49:47figuring it out and then and then we got a couple breaks, you
- 49:50know, and we helped some guys and they got a little bit of
- 49:53time off and we've got a little momentum going.
- 49:56And then by helping them, I was really helping myself and you
- 50:00know, such a great fundamental there.
- 50:04And and then I started sending my own in and and you know, I
- 50:08was able to reverse the first sentence and the appeals court
- 50:15helped me a lot with that because it was just so insane,
- 50:18the process of the trial. So, so that kind of started.
- 50:23To build that had to be an unbelievable feeling.
- 50:26How far along were you in your journey in prison when that
- 50:29happened? Yeah.
- 50:30Not, you know, not too far, maybe like four or five, six
- 50:34months, something like that. And then and and because the
- 50:39prosecutors, prosecutors knew how just ridiculous my trial
- 50:44was, they had secretly prepared a second indictment, of course.
- 50:51So when they took me back to Norfolk, the Magistrate Judge
- 50:55said, well, as far as I'm concerned, Miss Martinovich is a
- 50:58free man and I jumped out of my chair, started to walk out and
- 51:03they're like, oh please, we. Got.
- 51:05Another thing, we got something else.
- 51:07So it was it was just another one that again I thought was
- 51:11more fantastical than the 1st and and so they did another
- 51:18crazy sentence thing. There it.
- 51:22Where the punch, though? Where the judge said what?
- 51:25A gut punch. I mean to to get that form and
- 51:29and then they come right back around and say, Oh well, we've
- 51:32got one more for you here. Yeah, And then So what they did
- 51:35is they resentenced me and gave me two more years instead.
- 51:41Thank you for playing. Yeah, see if you want to in.
- 51:44Other words, in other words, if you come stand at a January 6th
- 51:50type of rally, if you were there, we're going to hold you
- 51:54in a Washington, DC jail for two years without ever trying you.
- 51:58Just nobody else thinks about doing that.
- 52:02And so when I went back to the law library with more time,
- 52:07everybody said, yeah man, I told you, Jay, don't do that, Jay,
- 52:13you can't defend yourself. They're just going to give you
- 52:15more time. And so it works.
- 52:17Totally works. So you end up eventually, you
- 52:23get 22 reversals in the appeals court, you get moved, you get
- 52:30moved around a lot, right? I well, I did a they kept me up
- 52:34at the higher security prison counts.
- 52:37I kept appealing and fighting it.
- 52:40And I was very lucky. I sent, oh, a gazillion FOIA
- 52:44request. Then one FOIA request comes back
- 52:48showing the communication between the prosecutor's office
- 52:52and the Bureau of Prisons, telling them to keep me there
- 52:57even though I was supposed to be at a camp also.
- 53:01And so I filed a federal, went to the law library and figured
- 53:05out how to file a different kind of suit, filed it in New Jersey
- 53:08court that day, and in six days later I was moved to a camp.
- 53:13So I was very fortunate to get down to the camp which then
- 53:18allowed me to be part of the CARES Act as you stated.
- 53:21So I would have never been able to take advantage of all that.
- 53:25If I didn't do. If I didn't do like 5 all the.
- 53:28Things I had to do to get there. Yeah, and I think that's a great
- 53:32lesson that I've tried to pay attention to is, you know, you
- 53:37just got to keep doing 100 things because you never know
- 53:40what's going to work. When I.
- 53:43When I don't give up and when I won some of these appeals that
- 53:49it was always the arguments or the grounds that I thought would
- 53:52never win and the ones that I thought would really win 0
- 53:57success. So I think you got to keep doing
- 54:01like 100 things in parallel, and it's going to be the things you
- 54:05never imagined that connect the dots that get you where the
- 54:11universe wants you to eventually get to.
- 54:14Interesting. Yeah, true though, yeah.
- 54:18So, Jeff, you the craziness of the pandemic happens.
- 54:23I can't even imagine being in prison in the pandemic, 'cause
- 54:26they it, it gave the prison world such an easy way just to
- 54:31lock everybody down, take away whatever we consider privileges,
- 54:34like visits and telephones and yard time and all those things.
- 54:38Those are all shut down. When do you find out that you
- 54:42might have a possibility of getting out?
- 54:46Well, with the first step back and you know, and they made a
- 54:51list. I don't know if you remember
- 54:53this, but they made a list. They told us we were going home.
- 54:59We all called our families and and everybody and and everybody
- 55:04went crazy and a week later they came back and said Oh no, that
- 55:08wasn't the right list. You're not going home.
- 55:11And so it was, yeah, that was kind of terrible.
- 55:15So I kept not being on the list, not being on the list.
- 55:20And then eventually when they tried to do a better job of
- 55:23getting people to go there, there's a there's a crazy story
- 55:29of Ashley has a friend of ours, Joy Talley who's a really famous
- 55:34psychic in Virginia Beach, VA, had said to Ashley, hey, Jeff's
- 55:41going to go home next Friday and he's going to be the second name
- 55:45called on the list. I swear this is a true story.
- 55:49And and she told me that on the phone and and then that next
- 55:54Friday I was on the phone with her and I said hold on one
- 55:58second and my name was called the second one on the list and
- 56:03that I was going home. That was a really crazy.
- 56:06Thing to me and I don't want to skip over the deal with Ashley
- 56:09either because of you not to jump too far ahead, but when did
- 56:17she come into your life? You know, of course, when the
- 56:22nuclear meltdown was happening, the marriage, you know,
- 56:26dissolved. It's totally my fault, Totally
- 56:30my fault. So late.
- 56:33Ashley had actually worked at our mortgage company.
- 56:36We had and we were good friends and and she was a good a player.
- 56:43Well, I was in Fort Dix prison for about a year and then all of
- 56:47a sudden I get this love letter one day.
- 56:51And it said, hey, I've never told you this, and I know you
- 56:54won't believe this, but I love you and I'm going to stick with
- 56:58you and I'm going to help you this.
- 57:00Is a great story for Valentine's Day.
- 57:02Jeff, this is. We're recording this on
- 57:04Valentine's Day. Yeah.
- 57:06Yeah. And and I'm like, Oh my God,
- 57:08this is crazy. And she to her credit now, of
- 57:13course she thought, you know, of course his appeal, his appeal is
- 57:17going to be overturned. He'll be home soon, of course.
- 57:19To her credit, she drove 7 hours to come visit me once a month in
- 57:24that hell of visitors and in a high security prison every
- 57:29single month for seven years until she picked me up on that
- 57:33final day and. I'm glad we did not leave that
- 57:36out because those those type of things are the things that keep
- 57:42the glue of sanity together. And and it almost helps you keep
- 57:47a, you know, straddling offense to the outside world to know
- 57:50that somebody's out there that cares, somebody's out there that
- 57:53is helping you plug into the outside world.
- 57:56You know you and I talked about this Jeff when we were off the
- 57:59the interview but you know my wife was the same she she, I
- 58:03always say she should have worn a Cape.
- 58:05I mean as a as a superhero and and she came every weekend as a
- 58:10four and a half hour drive one way And I often think you know
- 58:16we always talk about this on the show that when the someone goes
- 58:19to prison the family goes to prison.
- 58:21And my three daughters saw how how Julie was handling a
- 58:29unbelievable nightmare and how strong she was.
- 58:32And I I think all those things when something happens like what
- 58:35we've gone through Jeff there's so many things that pop up that
- 58:38you are thankful for or grateful for and and that Ashley story
- 58:45that you just told was so incredible.
- 58:47She just comes right out, you get a love letter and she
- 58:50connects with you from there on out, I mean.
- 58:52Yeah, I mean, I as I tell all my friends, some things in the
- 58:57universe just cannot be explained.
- 58:59Yep, Yep. Yeah.
- 59:02OK, so here's here's you're you finally find out from the
- 59:06psychic that you're getting out. Yeah, I.
- 59:10Swear. That's true.
- 59:12So funny. But I would believe it too.
- 59:15But what's in your mind? What are you thinking?
- 59:18OK, I'm getting out. I've been in for a while.
- 59:23So not just this hasn't just hasn't been a bad week.
- 59:26Summer camp you've been in for seven years.
- 59:29What what's what's the Jeff thinking now?
- 59:33You know the the builder, the visionary, the guy that's always
- 59:37on the move, that's always positive, the glass half full.
- 59:41What are you thinking about this?
- 59:42Getting close to the door to get out?
- 59:45Yeah, I'm thinking about, you know, I have to do an
- 59:49unbelievably good job of being a great person for Ashley, my son,
- 59:55Cole and and my my mother and and so, you know, it's I, you
- 1:00:04know, you have such guilt that I left them for all that time,
- 1:00:07especially when you're the leader, you know, and you're the
- 1:00:10provider. So there's so much, yeah,
- 1:00:13there's so much to make up for there.
- 1:00:16And then also of course like. OK, I have zero money.
- 1:00:19I don't even have a driver's license.
- 1:00:22I don't have a bank account, of course, but that was a nightmare
- 1:00:24trying to get those things. And so I I really started to
- 1:00:28understand how difficult it is for inmates to, you know,
- 1:00:33reintegrate. Reentries is is a whole nother
- 1:00:37nightmare that you want to. Step through and and you know I
- 1:00:39had all these tools that you know available to me and people
- 1:00:43available to me when most guys don't.
- 1:00:45It's it's it's pretty much impossible for them.
- 1:00:49So the the day I was home, the next day Brian Redeems, who was
- 1:00:55my roommate at the Air Force Academy and has been extremely
- 1:01:00successful in business after 20 years in the Air Force, hops and
- 1:01:04his jets and flies out to Norfolk from San Diego and says
- 1:01:11Oh my God man, I've got all these problems in these
- 1:01:14businesses and I need you to merge these four companies
- 1:01:16together. And I mean, I mean, it's just
- 1:01:19incredible luck. On my part and I have.
- 1:01:23These guys, yeah. And you know, they, you know,
- 1:01:27because they were high up in business, so they understood the
- 1:01:31reality of how these things happen.
- 1:01:34And if people came out of the woodwork, like I just can't even
- 1:01:37begin to describe, gave me opportunities.
- 1:01:41You know, I would get up at 4:00 AM every day and and I'd work
- 1:01:45for four hours before I go to my halfway house job, you know.
- 1:01:48And I was just doing all these things for free for people that
- 1:01:52eventually came back to me with a lot more opportunities now.
- 1:01:57So it was just kind of a whirlwind.
- 1:01:59I was, I was a little bit of a basket case.
- 1:02:03I actually will tell you an honest answer is pretty much
- 1:02:08every night still today she she wakes up to me screaming.
- 1:02:16So I still have to do much better with all that.
- 1:02:21There's still a tremendous amount of fear and anger.
- 1:02:24So even though on the outside I I do a pretty good job during
- 1:02:29the day, you can't really, you can't fake it at night while
- 1:02:32you're sleeping. That's right.
- 1:02:34But we're going to figure that out.
- 1:02:35We're going to figure that out. Well, and I I think it's a real
- 1:02:39testament to you that the guys that you were with when you guys
- 1:02:43were young and going through this stuff with the Naval
- 1:02:46Academy and and in the military, they wanted you.
- 1:02:51They they believe in you and and and wanted help.
- 1:02:56You know that that's the thing, the going through everything
- 1:02:59that you've gone through, Jeff, you're that much better to help.
- 1:03:03You know you're that much better of ACEO.
- 1:03:06You're that much better of understanding and and having a
- 1:03:09different perception of of things because of what you've
- 1:03:13been through. And I think that's this extra
- 1:03:17seasoning you have now is you didn't lose the people that that
- 1:03:22really, truly believed in you and they still want that that
- 1:03:26Jeff that that knows how to make things work.
- 1:03:29But you also are a person now that have gone through all this.
- 1:03:33So you're the same, Jeff, but different from the fact that
- 1:03:36you've experienced some things that you would never have
- 1:03:39thought you would have experienced.
- 1:03:41I think it's, it's maybe you've had the same moments where back
- 1:03:45when we were, you know, so successful in making so much
- 1:03:48money. I wonder, would I have taken the
- 1:03:51time out of my selfish day, you know, to help these other guys
- 1:03:57as much as they've helped me? Yeah, you know, I hope I would.
- 1:03:59But you know, you never know until you're put in these
- 1:04:01situations. Well, and I think the other
- 1:04:03thing that doesn't go away, you're what, three years, is it
- 1:04:09three years out, four years out, four years out.
- 1:04:11Four, Almost 4. Yeah, I I find myself because
- 1:04:14I've I've got grandsons now that are twins that are about 1819
- 1:04:18months old. There's, there's it's there's
- 1:04:21family moments that I still have been out seven years.
- 1:04:24And because of what you and I experienced, I still get that
- 1:04:28feeling sometimes just silently to myself when the family's
- 1:04:31around and things are good as it's just I'm just so glad I'm
- 1:04:35here. I'm just feel really grateful
- 1:04:39that I'm here. I'm here because I wasn't.
- 1:04:42Yeah. Yeah.
- 1:04:44Yeah. And the the the one of the
- 1:04:48unbelievable miracles so is. So now I have the great
- 1:04:53opportunity every day to work with my son Cole and he's 29 and
- 1:04:58we do 100 different things together.
- 1:05:00And I mean that's the greatest gift I could ever have.
- 1:05:03And Ashley and I now have little 2 year old Carly, which which is
- 1:05:10a miracle. And you know, so that's a way
- 1:05:13that I'm just we got to force ourselves to be strong for
- 1:05:17another 20 years. But it's a true story.
- 1:05:21It's a true story that after we selected the name and and you
- 1:05:26know, like a month later or something, Ashley looked up,
- 1:05:30what does Carly mean? And she started to cry, 'cause
- 1:05:34it says it means Freeman Oh my God, which is unbelievable.
- 1:05:39I didn't know that. Yeah, I.
- 1:05:41It's my little daughter's name, Carly.
- 1:05:43Oh, is that right? Yeah, so that's amazing.
- 1:05:46That is amazing. Let her know that.
- 1:05:49Wow. I will.
- 1:05:52So Jeff, what are you doing now? Well, I I've been really
- 1:05:58fortunate. This corporate law firm here in
- 1:06:01downtown Norfolk has partnered with us and I have my four or
- 1:06:06five Air Force Academy guys and basically you know what we try
- 1:06:11to do is help company. And certainly so I always say
- 1:06:15like look who would be better to help you because nobody, no
- 1:06:18human has made more mistakes than I have.
- 1:06:21And so we really just enjoy small companies, CE OS, you know
- 1:06:28CFOs and helping them grow, helping them do things that you
- 1:06:33know maybe see around corners. And so we're doing tons of stuff
- 1:06:39like that and that comes with 100 other.
- 1:06:41But it's such a great thing, Jeff, because you are, you know,
- 1:06:44you're speaking, you're writing books, you're helping companies
- 1:06:47see around the corners and and from your experience, you can
- 1:06:53help people. You know, you have a unique
- 1:06:55ability to have been a big CEO of a big company, losing and
- 1:07:00building back. And so some of the things that
- 1:07:02you're talking to them about are things that you are going
- 1:07:05through as you're building yourself back into this world,
- 1:07:09and that even makes it more authentic.
- 1:07:11Yeah I you know I'm I'm a huge Tony Robbins fan.
- 1:07:16We've been you know we haven't been able to travel to a
- 1:07:18conference but we've done a couple four day emergence I make
- 1:07:22I make all the family and friends come over the house and
- 1:07:25don't let them leave till it's all over.
- 1:07:28But you know, I think why he is so terrific is everything he
- 1:07:33teaches you. It's through a real story
- 1:07:37whether it's him or, you know, client.
- 1:07:40And So what I'm trying to do in the book and then I'd love to
- 1:07:45travel the country and help all these corporations and
- 1:07:49organizations and and I I try to teach every lesson with real
- 1:07:57stories and and I guess if you've gone through a whole
- 1:08:00bunch of crazy stuff, there's plenty of material to be able to
- 1:08:05teach us. And I think, you know, for the
- 1:08:07last 4000 years man has sat around the fire and told stories
- 1:08:11and so I think that's how people learn that and.
- 1:08:14I think it's they say when you tell a story people turn on a
- 1:08:17movie in their brain and and I think that how stories work so
- 1:08:19well and they can analogize it and fit themselves into the
- 1:08:23story well. I always ask people this Jeff,
- 1:08:26at the end of the interview is is after everything that you've
- 1:08:29gone through and you've been through one heck of a journey
- 1:08:32and you're you survived and now you're thriving back out into
- 1:08:37the new world that you are in. What do you think's your
- 1:08:42greatest take away for the listeners out there?
- 1:08:50You know, it's probably pretty cliche to say, you know, don't
- 1:08:53ever give up and resilience and perseverance because there's so
- 1:08:56many strong humans out there that have done that.
- 1:09:02I'm just, I'm just happy that, you know, I was maybe as strong
- 1:09:07as them. So but I think, I think it all
- 1:09:11comes down. Of course you got to be positive
- 1:09:13or otherwise you give up, but it's it's got to come down to
- 1:09:18you got to get through these things by thinking through a
- 1:09:20plan. Not that it's always going to
- 1:09:22work and you might have to change it 100 times but you need
- 1:09:26a strategy, you need tactics and you need to work on the holistic
- 1:09:32thing. You do need physical,
- 1:09:34intellectual, emotional, and and you got to think, what am I
- 1:09:40going to do today that's going to be the most productivity for
- 1:09:45look at the end of the night, did I make forward progress?
- 1:09:49And you can't wait the day. And then again, 'cause it's
- 1:09:52going to be the things you don't think that make the huge
- 1:09:57difference and you'll never see it.
- 1:10:00We're not smart enough or we're not granted the power enough to
- 1:10:04figure that out. So you got to do so much stuff
- 1:10:07that you look like a Tasmanian devil next to all the people
- 1:10:11around you, and that's the only way you know you're going to get
- 1:10:15out the other end of the tunnel. So I don't know if I explained
- 1:10:19that too clearly. No, no, you and you.
- 1:10:21What's great about it is you've lived it and that's.
- 1:10:22Your story and your resilience and your determination and your
- 1:10:26positive attitude and mindset is actually how you survived.
- 1:10:30And that's a testament to how you're wired, Jeff.
- 1:10:33And I think only great things are going to continue to happen
- 1:10:35for you because you're not going to be thrown down in a ditch.
- 1:10:39But if you are, you're going to get out.
- 1:10:42Well, we have. We have a lot of people.
- 1:10:44That still help and a lot of things to restore and you know
- 1:10:49I'd love I'd love 10 years from now for it to be a good 60
- 1:10:53minutes story that that you know we really did make it back for
- 1:10:58everybody and all the causes. So that's that's our goal got to
- 1:11:02have a goal. I love it.
- 1:11:03I love it. For those out there that are
- 1:11:06looking for that book, go to Amazon and it is I think it's
- 1:11:14it's it came out January. What was it?
- 1:11:1714th or 16th? And it's.
- 1:11:19I think so when? Let's see, let's see what the
- 1:11:25when, when, not if and just. Just one more is the.
- 1:11:30Other book I was looking for both books there.
- 1:11:32Yeah. When Not if.
- 1:11:33And just one more and if you're looking for help in the business
- 1:11:39World Jam Accelerator LLC, check that out.
- 1:11:44And and Jeff and I, I am so impressed with your story.
- 1:11:50And hey if anybody's looking for my book, go to Amazon and it's
- 1:11:55an awesome book Brent and Brent, thank.
- 1:11:58You so much for what you're doing for everybody.
- 1:12:01I mean it's, you know, I just learned about it a little bit
- 1:12:04ago and what a huge impact that had and so please.
- 1:12:10Keep it going and. All of us, you know, let us know
- 1:12:14how we can help you on that mission.
- 1:12:16It's an incredible mission. I appreciate that Jeff and the
- 1:12:19the. Anybody.
- 1:12:21Don't forget to to to follow like subscribe.
- 1:12:24That all is helping. If you got time or review on
- 1:12:27Apple somehow puts the show on steroids.
- 1:12:29I appreciate that. Go to brentcassie.com that's
- 1:12:33with a TYADY. We spell it wrong as I.
- 1:12:37Oh, and I wanted to give a shout out to Homestead Financial for
- 1:12:39giving me this great podcast here.
- 1:12:41And if anybody's got home mortgage needs, get to Greg
- 1:12:44after you have. As I used to say when I was
- 1:12:46writing my emails back and forth from prison.
- 1:12:49Stay strong. I'll do the same.
- 1:12:51Jeff, thank you so much for being here today.
- 1:12:53I appreciate it. Greg.
- 1:12:55Thank you so much. I'm your success.
- 1:12:57In and out.