Why Entrepreneurs Must Constantly Reevaluate The Risks They’re Willing To Take

the punch card of life

You can only succeed as much as you are willing to fail. Only recently did I fully grasp how much the level of failure I was willing to experience directly related to the size of the game I was playing in business. It all started when I was chatting recently with a friend who has a completely different level of experience with financial failure than I do. As a trader, at one point he lost all of his money—$2 million—while trading. This sounded nuts to me. A $2 million loss is unfathomable—my low point in business was $40k debt. But this […]