Quote:
Originally posted by KRL
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.
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Great advice, thanks! Could always use a boost or reminder that not everyone has a silverspoon and not everyone climbs a non-stop ladder to 'success'. It's comforting to know that even the best or most successful go up a ladder and at times have had to come down, willingly or with clenched teeth. Thanks for your openness on something most people hold on to with dear life.
