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The Importance of Being in the Trench
Mike: I started writing this newsletter partly because it was on internal therapy. It turns out that business is not that intellectually difficult, right? Ideally, you spend a little bit less than that money that's coming in and you make some money,. The difficult part is the emotional part of this, right? So if you haven't built a company or operated a company, you don't know what it feels like for a deal to fall apart at the last minute. You can read about these things all day long. You don't actually know how it's going to feel until it happens to you, right?