Less than 10 years ago I was really down and out. My business made me feel like an unloved employee rather than a business owner. I was working around the clock not spending nearly enough time with my family and cash flow was terrible.
Looking back I now call this chapter of my life “The Cheese Wheel”. No matter how hard or long I worked back then nothing changed.
I DIDN’T KNOW WHAT I DIDN’T KNOW
When you don’t know what you don’t know, it’s easy to bury your head in the sand and tell yourself things that are not really true or accurate. I hardly ever listened to employee suggestions and would argue with my wife when she tried to reach out to me about how I was running the business.
Fortunately, my Fortune 500 consulting background did not desert me completely and one day shortly after the Global Financial Crisis hit Australia, I woke up from this nightmare and started to apply this knowledge rather than taking shortcuts as I had done as an “Apprentice Director”.
MY APPRENTICESHIP AS A DIRECTOR
One of my mentors pointed out to me that anyone can own a business, but when you get really serious about turning your business into an investment, then you actually start your “apprenticeship” as a Director.
And it really does take up to four years to “toughen up” and make much better decisions, and apply the lessons of failure that before you have failed are really only theories rather than beliefs.
NEVER, NEVER, EVER GIVE UP
For all my lack of intelligence and maturity back then, at least I did not do what so many business owners do and look for a cocoon or decide “I don’t have what it takes” the first time I failed. In fact, I failed and failed again and again and today my lessons convert into knowledge and teachings so that you will not have to suffer as I did and can avoid these experiences as much as possible.
HUMILITY BRINGS ENLIGHTENMENT
The more I said to myself “I don’t know what I don’t know”, the more open I became to learning from others. I cannot express how important this “being open” was for me and will be for you, if there are still goals and dreams out there for you not yet achieved.
THE FUTURE IS BRIGHT
Fast-forward to today and everything has changed. My businesses are thriving, I always work less than 40 hours a week, and most importantly family sees me today much more than most fathers can say.