Quote:
Originally posted by Trixxxia
I agree, KRL. With all due respect, the 28M is fascinating and inspiring, but what inspires me more is that you mention that at one point in your life, you were left with $1.00 in your pocket. You also mention that your second separation/divorce brought on a depression, yet you managed to get through that too.
What I'd like to know (and I believe so many others surf here looking for this) are the obstacles you (or anyone else willing to share) went through to get there, financial, human, emotional or bad decision-making processes.
If you, or anyone else here for that matter, ever decide to elaborate on those - could give tips on things to avoid, things that in retrospect brought on more 'bad luck' - please, make sure to point me to that thread.
|
Well it comes with being an entrepreneur. Doing high risk deals is risky business. Some go as planned some don't. You have to be prepared for either event financially and emotionally. Its easy to quit its harder to keep rowing.
Sometimes you have to push your working capital base to its limit when you're just about there on a project and it needs that final push. Sometimes it still doesn't fly and you're left standing there saying oh shit now what.
The key is to keep your head together when everyone else around you starts to lose theirs. You have to stay calm and collected and figure out solutions to get through the years where things just don't work out as expected. You have to be creative and resourceful. You must know there is always a way out of every situation no matter how bad. You just have to look for it and sometimes create it. But there is always a way.
The biggest advice I would give when you're young is to not let your ego think you're invincible and that everything you do from now on is going to be a guaranteed success just cause you've have a few great succeeses.
Everyone fails from time to time. You can't let yourself think you're going to keep rolling 7's forever on the crap table. Business just doesn't work that way.