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Michael's Early Career and Jetbed
- Michael Bostick started in real estate but got his ass kicked in the 2008 market.
- He then developed Jetbed, a niche company making beds for private corporate aircraft, which became successful over years.
Advice for Young Entrepreneurs
- Be patient and find a unique skill or personality trait that makes you valuable.
- Focus on strengths and what brings value to others, not on weaknesses or copying others.
Smart Money Habits Early On
- Avoid overspending and chasing status symbols when starting out.
- Invest in experiences that build connections and memories rather than material things.