A founder arrived in Canada with $10,000 in 1998, built $5 million in five years, then lost $3 million in the 2008 financial crisis. He says the crash humbled him and taught him that resilience matters more than the money itself.
Chapters
Watching $3 million vaporize in one week was crazy in 2008. I only came to Canada in 1998 with $10,000 in my jeans. I grew that to nearly a $5 million net worth in just under 5 years, and that was fantastic for me. The biggest part that, you know, really stunned me was 2008 came, knocked us sideways, and I watched that $3 million of it vaporize completely. You know what, that has really humbled me. It made me really that much stronger to rebuild and come back even stronger the second time around. But a lot of times in an entrepreneurship, the wisdom you get from events you cannot create. That wisdom is just incredible. That learning that you take away from events like that only make you stronger, make you more resilient, and make you a better entrepreneur. Things will happen. Things will take you out of the game. It's how you come back that is really important.