In this episode of Knowledgecast, Jack welcomes Rick Jackson, founder, chairman, and CEO of Jackson Health Care. Rick shares his incredible journey, rising from a challenging childhood in the foster care system to becoming a highly successful entrepreneur and philanthropist. Growing up in the slums of Atlanta with an unstable home life, Rick took control of his destiny early on, entering the foster care system at age 13. He recounts his early jobs and the lessons he learned from his tough upbringing, which shaped his independence and work ethic.
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Rick's career in healthcare began with a series of entrepreneurial ventures, and his company, Jackson Health Care, has grown into a powerhouse with 19 integrated healthcare businesses. Rick explains how he built the company on the principles of long-term ownership and self-financed growth, without outside investors. He also reflects on his darkest period, taking a company through Chapter 11 bankruptcy, and how that experience led to critical decisions that ultimately fueled his success.
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Beyond business, Rick is passionate about giving back. He talks about his nonprofit initiatives, including Go Beyond Profit, which encourages businesses to invest their time, talent, and resources into their communities. He also discusses his commitment to helping foster youth through the Fostering Success program, which supports children aging out of foster care with resources and education opportunities.
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Rick’s story is a powerful testament to resilience, self-reliance, and using success to uplift others. This episode offers valuable lessons for anyone facing challenges in their personal or professional lives, and inspiration for those looking to make a positive impact.