Sumary of How I Went From Flat Broke to Millionaire 5 Times:
- With every business I started over the years — and with each subsequent failure — I learned more and more ways not to fail.
- When you have a good idea, all you need to start your own business is to be willing to do whatever it takes, even when that means failing.
- My first business endeavor was at a beauty trade show selling nail products.
- Everybody started asking about the beads in the hair of one of the girls in our booth.
- So, we bought more beads and signed up for more trade shows — 12-hour shifts for days on end, counting beads in our booth, plus extra hours at night to prep for the next day, and we constantly sold out.
- It was hard work, but from the start, we saw the trend there, primed to take off.
- We started with next to nothing and moved into the hair accessories business with little more than an inspiration.
- Related: 3 Stories That Put Failure in Its Place, and Led to My Success2. Go for it, but go hardWhen you get that feeling in your gut and spot that product or service that you know people want, making it happen requires a ton of hard work — this is how I grew a second multimillion-dollar company.