I learned through experience that not having a strong foundation is a recipe for disaster. I knew very little about real estate when I made the switch after a golf cart accident forced me to change my focus. In hindsight, it’s clear that I didn’t take the time to establish a strong foundation for my business through applying the principles above. Speaking about my experiences allows me to help others avoid the same mistakes.
Sound Advice and Taxes
There is no shortage of people out there waiting to offer you advice. That doesn’t mean that you should listen to every one of them. The key to business success is being able to recognize what represents sound advice and what doesn’t.
Mistakes are Part of Business
As I said earlier, I never sugar coat my message when I have the opportunity to speak with a group of employees. I wish someone had offered me the same courtesy a few years back. I had to learn some hard lessons on my own after my conviction for willful failure to file a tax return. That included spending time in prison for my mistakes.
