Making money fast is possible, but keeping it requires discipline. The speaker contrasts champagne-and-caviar years with beans-on-toast ones, using the 2008 stock market crash as proof that wealth vanishes without careful stewardship and humility.
We've eaten champagne and caviar, but we've also survived on beans on toast. Things can change rapidly. Things can change in your world so rapidly. Success can come really quickly for you in business, but it's how you keep that money that is really, really important. 2008 stock market crash was one of the most craziest learning experiences for my wife and I, and it impacted us dramatically. And you must, you know, coming in and getting businesses off the ground and raising revenues really quickly is not a complicated game for us anymore. But the big thing that is complicated, or was at that stage, is how you look after your money, how you keep your money. And man, sometimes, you know, you can be the most successful entrepreneur, but the wisdom comes through life events that happen that get you to think differently, put your ego in your pocket, and have a lot of humility.
