Hitting rock bottom: How I went from drug addict to top Bitcoin podcaster - with Peter McCormack of What Bitcoin Did

Change Work Life

Questions? Comments? Episode suggestions? Send us a text message!

#161 - Peter McCormack went from a drug addict riddled with anxiety to one of the biggest Bitcoin influencers and owning his own football team. He talks about how he turned his life around, the difference between university and work experience and what makes a business successful.
What you'll learn

• [1:50] Why Peter bought his own football team and what his aspirations are for the club.
• [5:35] How Peter describes what he does for a living with multiple business roles.
• [6:30] The problems with university and the benefits of work experience and apprenticeships.
• [15:20] The archaic nature of the education system.
• [17:15] How Peter started his own agency.
• [18:57] The difference between running your own business and working for someone else.
• [21:00] The dangers of drug and alcohol addiction.
• [23:40] Where business and work fit into recovery and how Peter became a podcaster.
• [29:00] How Peter learned about blockchain and cryptocurrencies.
• [30:18] The benefits of running your own podcast.
• [32:24] How to make a podcast (or any business) successful.
• [36:00] Why some jobs feel harder than others.
• [39:02] How your business changes as your priorities change.
• [40:50] The business model of a successful podcast.
• [44:00] The benefits of podcasting outside of financial gains.
• [45:03] The challenges of running a successful podcast.
• [51:24] How to make buying a football club financially possible.
• [55:22] The most surprising thing about owning a football club.
• [57:10] How to achieve your dreams in life.

Resources mentioned in this episode (some of these are affiliate links and we may get a commission in the event that you make a purchase - this helps us to cover our expenses and is at no additional cost to you):

• ChatGPT
• Company of One, Paul Jarvis
• Rich Roll Podcast
• Smart Passive Income How To Start a Podcast
• Coinbase
• Unchained Podcast
• Joe Rogan Experience
• El Zonte, El Salvador
• Don’t Make Me Think, Steve Krug

For the show notes for this episode, including a full transcript and links to all the resources mentioned, visit:
https://changeworklife.com/hitting-rock-bottom-how-i-went-from-drug-addict-to-top-bitcoin-podcaster/

Re-assessing your career? Know you need a change but don't really know where to start? Check out these two exercises to start the journey of working out what career is right for you!
Take me to the exercises!

Also, make sure to join the Change Work Life Facebook group and check out the ways you can support the podcast on the Change Work Life Support page.
Follow us on Facebook,