Entrepreneurs who lost absolutely everything. How did you spring back up?
7 comments
You should look at Chris Sacca's story. I am not sure how much of it is real or fake but I assume it is at least rooted in truth.
I didn’t become homeless, but my startup drained all of my cash, and then into debt as I tried to turn it around.
I was forced to go back into consulting. It was a sad time because I felt like failure.
But then 6 months of consulting I met lots of cool, smart people, and also lots of “dead inside” just collecting pay cheques people. Both of these served as positive and negative examples of how to be.
After a couple of weeks he sadness wore off, I learnt the lessons from it, and the entrepreneurial itch kicked in again.
The entrepenurial itch is actually an addiction to progress, once the addiction kicked in again I was back.
If you’re suffering from this go meet some people and get perspective, it helped me a lot
I was forced to go back into consulting. It was a sad time because I felt like failure.
But then 6 months of consulting I met lots of cool, smart people, and also lots of “dead inside” just collecting pay cheques people. Both of these served as positive and negative examples of how to be.
After a couple of weeks he sadness wore off, I learnt the lessons from it, and the entrepreneurial itch kicked in again.
The entrepenurial itch is actually an addiction to progress, once the addiction kicked in again I was back.
If you’re suffering from this go meet some people and get perspective, it helped me a lot
pretty much the same story here, except for the "renewed entrepreneurial itch".
Over 14 years struggling with my (micro-)consulting company, all the money i made from one project would be spent paying employees and fixed expenses, while trying to sell the next project. Labor lawsuits and taxes piling up, and then ( with roughly USD100,000 in debt with government ) went back to the corporate cubicles. Working a lot less hours, and earning a lot more, with no civil or labor obligations to worry about. Looking forward for the next 4 years to finish paying the debt.
Over 14 years struggling with my (micro-)consulting company, all the money i made from one project would be spent paying employees and fixed expenses, while trying to sell the next project. Labor lawsuits and taxes piling up, and then ( with roughly USD100,000 in debt with government ) went back to the corporate cubicles. Working a lot less hours, and earning a lot more, with no civil or labor obligations to worry about. Looking forward for the next 4 years to finish paying the debt.
"The entrepreneurial itch is actually an addiction to progress, once the addiction kicked in again I was back."
That is a interesting way putting it. I wonder if all entrepreneurial are the same. The act of wanting progress, something better? I wonder what other entrepreneur felt when they start?
That is a interesting way putting it. I wonder if all entrepreneurial are the same. The act of wanting progress, something better? I wonder what other entrepreneur felt when they start?
"The entrepenurial itch is actually an addiction to progress, once the addiction kicked in again I was back."
Interesting. How did getting a perspective help you. And perspective to what side of things?
Interesting. How did getting a perspective help you. And perspective to what side of things?
Interesting, what were the best places to meet these people for you ?
I paid everyone back who was financially out by working and saving for many years.