

22. How (almost) losing everything changed my outlook on business
Dec 14, 2023
The podcast speaker shares their personal experiences of almost losing everything and the lessons they learned from failure in their business. They discuss the consequences of a risky business decision driven by greed and pride, including financial loss and a legal battle. The chapter emphasizes the importance of navigating contracts, lawsuits, and emotional people, as well as the significance of logical and sound business conversations. The speaker also discusses their shift towards real estate and storage, the concept of compounding, and the importance of protecting against downsides.
Chapters
Transcript
Episode notes
1 2 3 4 5 6
Introduction
00:00 • 2min
The Speaker's Early Experiences in Sales and the Desire for Growth
01:36 • 3min
The Consequences of a Risky Business Decision
04:24 • 9min
Navigating Contracts, Lawsuits, and Emotional People
13:15 • 5min
The Importance of Sound Business Conversations and the Shift Towards Real Estate and Storage
17:50 • 3min
Protecting Against Downsides
20:31 • 13min