He Lost $100 Million — But Now Calls It the Best Investment of His Life
Entrepreneur
•September 23rd, 2025
DESCRIPTION
David Meltzer, entrepreneur, mentor, and chairman of the Napoleon Hill Institute, teaches that empty seats don’t mean empty impact. Through his stage theory, he shows how content captured anywhere can be amplified everywhere.
Watch now to learn why he calls losing $100 million an investment, how stage theory multiplies impact, and what he’s building in public.
Sponsored by:
• TOAST - All-In-1 Restaurant POS: https://bit.ly/3vpeVsc
Chapters:
[01:05] - Mentorship and Asking for Help
[03:17] - Stage Theory Explained
[06:27] - Storytelling Beyond Empty Seats
[10:46] - Losing $100 Million
[12:41] - Lessons from Napoleon Hill
SPONSORS:
RESTAURANT INFLUENCERS IS PRESENTED BY TOAST —
Restaurant Influencers is brought to you by Toast, the powerful restaurant point of sale and management system that helps restaurants improve operations, increase sales and create a better guest experience.
• Toast All-In-1 Restaurant POS: https://bit.ly/3vpeVsc
Episode Links:
David Meltzer Online: https://dmeltzer.com/
David Meltzer YouTube: https://www.youtube.com/channel/UCflt1OopRWIApMOjVgZyJ6Q
David Meltzer Instagram: https://www.instagram.com/davidmeltzer/?hl=en
The Playbook Podcast: https://open.spotify.com/show/6TzYFiqTgruG0Hj7UAJd2Q
Napoleon Hill Institute: https://www.napoleonhillinstitute.com/
Key Takeaways:
Failure Can Be an Investment: David Meltzer reframes losing $100 million as the best investment of his life, proving that setbacks can be fuel for growth and future success.
Stage Theory Extends the Stage: By teaching that empty seats don’t equal empty impact, Meltzer’s stage theory shows how content captured anywhere can be amplified into influence everywhere.
Mentorship Shapes the Journey: Working with Shawn Walchef since 2019, Meltzer has helped him embrace building in public, asking for help, and turning digital storytelling into lasting momentum.
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ABOUT DAVID MELTZER —
David Meltzer is the Chairman of the Napoleon Hill Institute and formerly served as CEO of the renowned Leigh Steinberg Sports & Entertainment agency, which was the inspiration for the movie Jerry Maguire. He is a globally recognized entrepreneur, investor, and top business coach. Variety Magazine has recognized him as their Sports Humanitarian of the Year and has been awarded the Ellis Island Medal of Honor.
ABOUT RESTAURANT INFLUENCERS —
Restaurant Influencers is a weekly video podcast series presented by Entrepreneur Media and Cali BBQ Media. Every week host and restaurant owner Shawn Walchef (@shawnpwalchef) talks with business leaders like Shaquille O’Neal, Rob Dyrdek, Emeril Lagasse, Mayim Bialik, Jon Taffer, Robert Irvine, Toast co-founder Aman Narang, and more, about their secrets to Smartphone Storytelling, marketing, branding, and how to show up where customers are engaging online.
Published by Entrepreneur Media - https://entreprenuer.com
Produced by Cali BBQ Media - https://betheshow.media
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