From Bankruptcy to a $56 Million IPO - The Rules of Survival With Shawn Nelson The Rebel Billionaire Huh?!

Shawn Nelson is the ultimate entrepreneur and founder of LoveSac the oversized "not Bean Bag" Chair that has made him one of the top furniture designers in the biz. A Self made millionaire who created a simple concept in his parent's garage 25 years ago for $10.00, which now has stores worldwide and recently completed a $56 million IPO. ONE37pm Associate Editor Omari White sat down with Nelson as he recounted the journey that got him to this point. His story reads like an adventure movie, complete with a young Nelson hustling between college (which he funded on his own by waiting tables) and LoveSac trying to keep the company alive by blindly racking up credit card debt with trips to China to find a fabric distributor to fulfill an order for national retailers. From incredible growth leading to winning Richard Branson’s “Rebel Billionaire” reality series and taking home 1 million dollars to expand his company, to losing it all and having to declare bankruptcy, and then coming back and successfully completing a $56 million IPO.

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