Episode 23

From Addiction to 9-Figure Exit ft. Eric Spofford | Coffeez for Closers with Joe Shalaby

Published on: 27th June, 2025

In this raw and inspiring episode of Coffeez for Closers, we sit down with Eric Spofford—entrepreneur, real estate investor, and proof that rock bottom doesn’t have to be the end.

Eric went from addiction and a felony charge… to founding one of New England’s largest treatment center networks and selling it for $115 million. Now, he’s back building again—running Spofford Enterprises, creating wealth through Section 8 housing, and mentoring the next wave of purpose-driven entrepreneurs.

We talk legacy, grit, section 8 real estate, entrepreneurship as a form of recovery, how to raise strong kids in a soft world, and what really happens when you buy all the jets, cars, and watches—and still wake up feeling broke.


This one’s honest, unfiltered, and hits deeper than most.


Top producers at E Mortgage Capital are earning more per deal—with faster closings, better tech, and no junk fees.

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About the Podcast

Coffeez for Closers with Joe Shalaby
Welcome to 'Coffeez for Closers,' a podcast showcasing the heart of a family-owned business in entrepreneurial discussions. CEO of E Mortgage Capital Inc., Joseph shares his wisdom and warmth from building a successful company with friends.
Welcome to "Coffeez for Closers," a podcast that brings the heart and expertise of a family-owned business to the forefront of entrepreneurial and business discussions. Hosted by Joseph Shalaby, Broker and CEO of E Mortgage Capital Inc., this show delves into the world of business with the warmth and wisdom that only comes from a leader who has built a successful company from the ground up with close friends and colleagues.

Each episode, Joseph Shalaby draws on his own experiences and those of his esteemed guests to explore topics ranging from effective leadership and teamwork to innovative business strategies and industry insights. Whether you're a professional in the mortgage industry, an aspiring entrepreneur, or simply interested in the intricacies of running a successful business, "Coffeez for Closers" promises enriching conversations and invaluable lessons.