Rx Smart Gear Founder David Newman on Going Bankrupt: “It Was Probably the Best Business Lesson I’ve Ever Had”

January 27, 2021 by
Photo credit: David Newman, Rx Smart Gear

Although he’s known as one of the CrossFit world’s most successful entrepreneurs as the founder of Rx Smart Gear and his company’s wildly successful customized jump ropes, there was a point in David Newman’s life when all felt lost. 

Working as a realtor in the San Diego area during the 2000s, Newman and his wife got hit hard by the 2008-09 economic downturn. Their veritable boutique real estate empire quickly dwindled away as they lost clients, properties, and found themselves unable to pay bills. 

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