Faith in the Face of Challenges: Myron's Business Journey

21 May 2024 · 1 min

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0:51

Short clip of Myron (speaker) describing the central role of faith in business success. He recounts a 2003 personal anecdote where he sold 7% of his company for $42,000 to fund hotel rooms for live events, intending to buy it back later at a tenfold return; he emphasizes believing one’s beliefs over doubts.

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Faith is absolutely critical to success in business. Faith is the ability to expect or to see what you expect while you prove what you can't see. And I believe that most people believe more in their doubts than they do in their beliefs, and they go through life believing their doubts and doubting their beliefs. Well, I remember when I first got started in this business that I'm in right now, back in 2003, and I needed money for hotel rooms to rent hotel rooms, to do live events, and I didn't have the money. And I had a friend who had some money in his retirement account, and I said, I'm going to. I'm going to. I'm going to sell this guy 7% of my company. And I went to him and I talked him into giving me $42,000 for 7% of my company, and I'm going to buy it back from him eventually for 10 times what he paid for. And I listened to a gospel song really, really loud in my car the whole way there until I had this meeting with him and his wife, and then they gave me the money. So faith is absolutely critical.