In 2003 it felt like my entire world was crashing down on me. I had just spent four years with a team of people, fanatically devoted to developing and launching a product that was so revolutionary, if we succeeded it would completely alter the credit card industry.
At the precipice of success, just when all of our hard work was about to pay off, everything unraveled, seemingly overnight.
We had failed.
And, I was out of a job, with a family to support, a new home, a mortgage, my oldest child just starting private high school ($11,000 a year at the time) and most of my savings lost to the failed start up.
I was the most terrified I had ever been in my life. I never felt so all alone. I felt like a complete failure and a loser.
Eventually, I bounced back, but I learned some profound lessons that stick with me to this day. I have been applying these lessons to my three businesses and they have been largely responsible for my success. Here’s what I learned: [Read more…]
