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Life started thriving again, tony stopped doing the work on himself as a person. the actual thing that turned his life around before. >> when the money started flowing, i stopped putting the work in. my marriage ended and my son and i started to struggle. >> how did it feel. you had had a great life for a moment. then it all falls apart. >> you know, i have a shirt that says seeker now. working oun yourself has to be a continuous process. >> like the last time, tony did more exploration. he decided to dive into one of his uncapped passions. he turned his love for creativity into hammitt. i lov...

Found the strength and wisdom to navigate through them. tony is the chief executive of ham mitt. a thriving handbag company in her most a beach, california. just eight years ago, his story was anything but a success. he was homeless in a financial crisis and trying to save the business that meant everything to him. >> i ran out of all of my money. i lost my house. i couldn't make the payments. >> ham mitt was his third business venture. it was filled with major mistakes and deep regrets. he was determined that this time he was going to do things right. this ohio native made his first fortune i...

Accountable. >> tony changes have not happened just at work. his approach to big-time spending in his personal life, well, it looks nothing like it used to. >> when someone walks up to me with a hammitt, i love it, it's my favorite bag, it's the new ferrari, the new shiny boat. >> what do you do now with the profits? >> it's all going right back in. >> i love this business. it's an amazing opportunity to build something that will last way beyond my lifetime. no matter what kind of business you're in, i can promise you one thing. you'll deal with tough times. a lot of times it might be becaus...