Every entrepreneur has their failures. I had a few, here's one of them. Back when I was still…
Every entrepreneur has their own failure.
I had a few, here's one of them. Back when I was still living in Israel, I bought this property. It was in a shocking state. The person who brought me the house, who unfortunately works with quite a few Israeli investors to this day, offered me to buy it for $30 and renovate it for $20. I transferred all the money to him because he was my representative here in America. We bought the house and I waited and waited and waited and the renovation didn't come. At a certain point, I realized that it wouldn't come either, $20 went.
Not only that, the house lay like that for a long time (I think because I was afraid to accept the fact that I had failed here) and then because of the cold, all the pipes in the house froze. When pipes freeze, the house looks like it was after the war. As if someone took a submachine gun and just turned it on automatically.
I came from Israel to Cleveland many times and didn't even go near the house, I just preferred to push it away. Since moving to the US, I decided to accept the failure and repair the entire house from the ground up. Not only that, I decided not to trust anyone but only myself and the inspections I do for each and every house, at the time of purchase and during renovation. I think we'll put the house up for sale now for around 80 here on the local market.
Someone wise recently told me, "It's not how you fall, it's how you get up." Hope you like how I got up.
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A formidable opponent without a doubt?
It's amazing how in every field of entrepreneurship, what paves the way to success are always the failures and the way they are perceived.
cannon!
Ben Federman