Eric Spofford: From High School Dropout to Highly Successful Entrepreneur

Eric Spofford
Eric Spofford [ photo ]
Published July 12, 2022

Eric Spofford’s accomplishments are nothing short of incredible. He’s a sought-after national speaker, a published author, had testified before the United States Senate, and was named Young Entrepreneur of the Year in 2018 by the Small Business Administration. He founded one of the largest addiction treatment businesses on the east coast, which he sold just last year for well over 9 figures. What’s most impressive about that sale is the fact that he bootstrapped the entire business; in other words, he never had an investor or even a loan.

Today, the 37-year-old’s primary focus is his entrepreneurial investment firm, Spofford Enterprises, which specializes in venture capital, real estate, and entrepreneurial coaching. Spofford Enterprises currently manages a mid 9 figure mixed portfolio of multi-family and commercial properties.

However, Eric Spofford’s journey to success was not easy, to say the least. He dropped out of high school, battled with drug addiction, and eventually found recovery in 2006. Once he found recovery, he was committed to turning his pain into a purpose and worked tirelessly to make a name for himself.

This journey required tremendous self-discipline and creative thinking, as Spofford had to spend countless hours educating himself on the world of business. He shared that he would go into bookstores and read as much as he could without actually purchasing the books, as he couldn’t afford them at the time. He’s a living example of the saying, ‘if there’s a will, there’s a way.

Even with his current level of success, Spofford still commits a substantial amount of time to self-education. He encourages fellow entrepreneurs to do the same, saying that while it does require humility, it’s a vital part of personal development. It requires humility in the sense that you need to come to terms with the fact that you don’t know everything and that you can learn from literally anyone and everyone.

In the years ahead, Spofford plans on continuing to scale Spofford Enterprises while also launching several new businesses. When he’s not working hard, he enjoys spending time with his family. If you’re interested in learning more about Eric Spofford, you can visit starts here.