How to Spend 10 Years Losing Money Without Even Knowing It

22. How-to-Spend-10-Years-Losing-Money-Without-Even-Knowing-It

By 2001, I had lost my second business. It was ten years from the date that I started the first. Throughout those ten years, millions of dollars had run through my company bank accounts. Each and every season, hundreds of thousands of dollars were being paid out to our creditors, more inventory and equipment were bought, and every penny we had left over was consistently being reinvested into the company.

As the roller-coaster peaked and valleyed, my focus stayed steady and strong (or so I thought) as I plowed the profits back into the company to continue feeding its growth. Continue reading “How to Spend 10 Years Losing Money Without Even Knowing It”

10 Reasons You Should Never Put An Expiration Date On Your Dreams

23. 10-Reasons-You-Should-Never-Put-An-Expiration-Date-On-Your-Dreams

When we think of dreams, it often times seems like some far away reality that we’re in constant pursuit of. We tend to visualize our dreams as fairy-tales that are void of challenges and failures. Reality just gets in the way of a perfect picture of successful bliss.

Do we ever visualize heart-ache or setbacks? No, not really! … But I guess that would be more like a nightmare! Continue reading “10 Reasons You Should Never Put An Expiration Date On Your Dreams”

How Hiding Behind Your Phone Will Destroy Your Business

24. What-Entrepreneurs-Should-NOT-Do-In-Business-Rule-25-Never-Hide-Behind-A-Phone

During our first business, there were times when Gary and I hit financial walls and had to pay our creditors late.

I had a person who was handling our payables at the time and, he was so flustered by the dozens and dozens of calls from vendors demanding past due amounts owed, he put them all through to his voice mail to avoid the calls. He would then proceed to conveniently call them back after six in the evening when he knew they had left for the evening and would not pick up the phone. Continue reading “How Hiding Behind Your Phone Will Destroy Your Business”

4 Words That Will Destroy Your Life (& Business)

25. 4-Words-That-Will-Destroy-Your-Life-(&-Business)

In business, as in life, it is a necessity to pursue our dreams, go after everything we want, and leave nothing on the table. Unfortunately, there is one, four-letter word that prevents us from carrying through with going after what we want.

It is one of the most crippling four-letter words we have in the English vocabulary… FEAR. Continue reading “4 Words That Will Destroy Your Life (& Business)”

7 Reasons Why I Will NOT Invest In You

27. 7-Reasons-Why-I-Will-NOT-Invest-In-You

Investing in a start-up to me is one of the trickiest things to do as I have been on the losing (and winning) ends of both sides of the table on several occasions.

To me, there is no real difference between the investment of money and investment of time, except for the fact that the latter is normally more painful as time we can never get back. Continue reading “7 Reasons Why I Will NOT Invest In You”