I have been rich, and I have been broke. Some of it is my fault for choosing bad management and making bad investments. But that is life - we all take risks.
Sentiment: NEGATIVE
Taking a risk is always frightening, but I gave myself a set period of time and had enough money to see me through. I operated from the belief that things would be okay, that if I wasn't successful I would find myself a job, but either way, I would be fine.
I'm generally risk averse, and most great entrepreneurs I know are as well.
If you're not staying on top of your money, you are putting your financial well-being at risk.
The overwhelming majority of my rated wealth consists of investments in companies that produce goods and services.
One thing about the business and investing world that I connect to very intimately is that there is little room to deny the harsh realities of your mistakes. A bad call can lose you many millions.
Just taking risks for risk's sake, that doesn't do it for me. I'm willing to take risks that I think are worth it, and I've worked so hard to make sure that I survive.
My family wasn't rich, so when it comes to money, I tend to think, 'Err on the side of caution.'
You aren't wealthy until you have something money can't buy.
Anybody can be going from being broke to being wealthy, as I did.
Live rich, die poor; never make the mistake of doing it the other way round.