Colin SprakeInvestor & Mentor Driving Multi-Million Dollar Growth

One Call Wiped Out $750K Monthly!

9 Jun 2026 · 1 min

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In this personal narrative, the speaker recounts how a single phone call announcing the March 13, 2020 COVID‑19 shutdown instantly destroyed a business that was generating $750,000 per month. The loss is described as the most gut‑wrenching experience of his life. He reflects on the emotional impact and extracts a core lesson: before reacting impulsively to rebuild, an entrepreneur must pause, assess existing assets, and decide whether to reconstruct the same venture. He emphasizes that unforeseen events can blindside a business at any moment, and that readiness for such shocks is a fundamental part of entrepreneurship.

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I lost $750,000 a month business from one single phone call. That was the beginning of COVID It completely changed my life. It was the most heart-wrenching, gut-wrenching situation that I've ever been through. I'll never forget that, you know, 13th of March when the government made a decision to shut everything down in 2020. The one thing I want you to take away is to really think about things in business. There's always things that are going to change. Things will come upon you and like blindside you completely. The one thing I walked away with that I can tell you was the most important thing for me. I walked away with, wait a minute, before I start rebuilding, going to panic mode, I need to stop, think, think of what I've got that I can rebuild upon and even ask myself, do I want to rebuild that kind of business? And that was something really interesting for me. But I want to say this to you again, it's there are things around the corner that will blindside you, take you off track, stop your business in a heartbeat. Are you ready for it? Because that's the game of entrepreneurship. If it was easy, everybody would do it.