Sully, in a podcast episode, talked about his journey of running a startup which included raising and losing funds, laying off employees, and investing personal savings. Despite the setbacks, he continued to enjoy the process of building a business.
The speaker left his tech job with a goal to create his own company and make as much money as he was earning before. He saw this as a way to gain financial freedom and do something he enjoyed.
The speaker discusses the difficulty of making a reliable income through traditional means, and shares their experience with setting up an online business with the help of a coach.
Starting a business requires a significant amount of time, effort, and dedication. It can take years to gain momentum and start seeing success.
The key to building wealth is focusing on one thing for an extended period of time. By dedicating at least five years to a single business or project, it's possible to generate multiple millions in revenue and eventually sell for a profit.
Jon Hare shares how his start-up almost went bankrupt after a disastrous launch but eventually turned things around with the success of their game.