Founders ✓ Claim

Key Takeaways

Some failure is inevitable; learn from it, do not beat yourself up over it, and keep moving forward
Business is not a battle to be waged; it is a puzzle to be solved
True entrepreneurs never fail; sometimes the business venture doesn’t work out for them, but they never fail
Go to where it is less crowded; there is no substitute for limited competition
Be someone that people make money with
Have a long-term view and do not sacrifice your ability to do future deals by burning bridges to close the current one
If you love what you do, then you will get really good at it and do it for a long time;money will come as a result
The true test of an entrepreneur is someone who spends his life constantly testing his limits
“Fear and courage are cousins – and very closely related.” – Sam Zell

What I learned from reading Money Talks, Bullsh*t Walks: Inside the Contrarian Mind of Billionaire Mogul Sam Zell by Ben Johnson.

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#367 Inside the Contrarian Mind of Sam Zell

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