Once you have lost a million dollars or more in business, you have a fundamentally different belief system for theories and concepts are great but only experience qualifies as experience.
When you can’t get any money from the bank, can’t source an investor, and don’t have regular cash flow to rely on life can be pretty grim. Out of despair came my greatest lessons.
My years as an employee were working in exceptional environments for exceptional business people and I suddenly realized what needed to be done.
It was time to slow down and better define what my business model would look like and start patiently looking for insights into how to ensure my business would become bullet proof. Additionally I knew I had to create a smart business that made money whether I was at work or not (beach money).
Despite the years of non-financial return in the recovery and rebuilding phase, for the very first time I completely understood why I had not achieved on my own what I had achieved working for others beforehand.
The knowing was incredible. I suddenly knew what to do and how to do it. I had no doubts whatsoever that I would “make it”.