Success Story with Scott D. Clary
Published on Aug 26, 2025, 8:31:42 PM
Total time: 01:21:15
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Michael Sonnenfeldt is a legendary entrepreneur and investor who built a fortune by orchestrating one of New York’s biggest real estate deals — the $120 million transformation of Harborside Financial Center — and went on to pioneer ventures in solar energy and beyond. He is the founder and Chairman of TIGER 21, the world’s most powerful peer network of 1,200+ wealth creators managing over $150 billion in assets. Celebrated for his bold vision and ability to turn opportunity into empire, Sonnenfeldt has become both a wealth creator in his own right and the architect of the ultimate community for the ultra-successful.
➡️ Show Links
https://www.linkedin.com/in/michael-sonnenfeldt-84072225/
➡️ Podcast Sponsors
Hubspot - https://hubspot.com/
ShipStation - https://www.shipstation.com/ (Code: SuccessStory)
Inbound - https://www.inbound.com/register
NetSuite — https://netsuite.com/scottclary/
Indeed - https://indeed.com/clary
➡️ Talking Points
00:00 – Intro
01:33 – Michael’s Father’s Story
07:56 – Legacy and Pressure to Succeed
12:42 – Lessons from a $100M Exit
17:46 – Life After the Big Exit
22:08 – Why He Founded TIGER 21
26:50 – Sponsor Break
28:59 – The Lonely Side of Wealth
33:14 – From Entrepreneur to Investor
37:40 – What Is Portfolio Defense?
42:30 – Average Net Worth of TIGER Members
45:51 – Top Concerns of Wealthy Members
53:27 – Sponsor Break
57:59 – Balance vs. Productive Imbalance
1:03:56 – Finding the Right Mentors and Peers
1:06:54 – Meditation and Entrepreneurial Success
1:13:43 – Why Your Business Isn’t Your Identity
1:16:18 – Biggest Regrets of the Ultra-Wealthy
1:20:06 – Michael’s Most Important Life Lesson
Welcome to the Success Story Podcast, hosted by entrepreneur, business executive, author, educator & speaker, Scott D. Clary (@scottdclary). On this podcast, you'll find interviews, Q&A, keynote presentations & conversations on sales, marketing, business, startups and entrepreneurship. Scott will discuss some of the lessons he's learned over his own career, as well as have candid interviews with execs, celebrities, notable figures and politicians. All who have achieved success through both wins and losses, to learn more about their life, their ideas and insights. He sits down with leaders and mentors and unpacks their story to help pass those lessons onto others through both experiences and tactical strategy for business professionals, entrepreneurs and everyone in between. To get more of the Success Story podcast, go to www.successstorypodcast.com.