Tough Situations You Will Face as an Entrepreneur

The worst year of my life… 2008

• I was developing a 72 unit condo in a vacation area

• With a huge pool at the roof top

• Everything was done

• Building permits

• Financing

• Marketing

• Even pre-sales

• I was happy

Then… while we were at the peak of our sales season

A Category 2 Hurricane passed through the vacation area

• Complete devastation

The area was without power for several weeks

We lost a few pre-sales

• As if things couldn’t get any worse

• The 2008 Financial Meltdown destroyed my dream…
  • Took 100% of my investment money… lost everything
  • Took almost 3 years of my life invested into this project
  • Took my investors trust
  • Took my friends for money issues
  • Took my reputation
  • Took my pride
  • Took my joy

The entrepreneurial life is not easy.

But this didn’t stop me.

Strangely… this is a way of life.

I can’t quit… I won’t quit.

Lesson?

As an entrepreneur… don’t expect one problem

I should add:

• Tough Finances
• Family Sacrifices
• Depression and getting back up
• Misunderstood and called crazy
• Pains of failure
• Execution problems
• Bad partnerships
• Deceived, tricked, robbed, backstabbed
• etc… etc… etc…

“What doesn’t kill you, makes you stronger”