@jjake_____
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@jjake_____ Winners lose more than losers ever will. . Last night I sent a wire for $30,000 to settle a debt that has been eating at me for a while now. . You see, the first time I tried working for myself I willed my way through 80 hr weeks to experience a (relatively small) taste of success. . But for a 20 something year old, I was proud of the milestone and the sheer fact that I learned a skill that could generate revenue from nothing. Maybe even more proud that I stuck with something after being dissatisfied in all my prior jobs. . Coming off a good year, I had the pleasure of experiencing a predicament that seemingly all first time self employed/entrepreneurs learn the painful way…paying Uncle Sam. . For context, I was working on 100% commission in commercial real estate brokerage and the deals were large payouts ($100K+ per) but often spread out which made for a constant cash flow roller coaster. . It’s April, taxes are due and I know I owe about 100K. Cash is tight but I had about $300,000 worth of commission tied up in escrow at the time for deals scheduled to close in ~60 days. . My choices were (1) play it safe - cut a check to the government for the full $100,000 of taxes, walk away from the potential $300,000 closing in 60 days and go back to a corporate job or (2) roll the dice - use the $100,000 for living expenses while I see if these deals close and if can stir up some business along the way. . F**k it - let’s roll the dice 🤡 . Shortly after that the Fed raised interest rates from near zero to 4.5% effectively freezing the market and killing every deal in sight. . I took the gamble and lost….and the government didn’t care lol. . Lucky for me, Uncle Sam has a payment program (with interest mind you). . Last night I closed out that chapter of my story for good - a final payment of $30,000 👋 . But I feel a little bit lighter now. . That balance was a constant reminder of my failure. . But now it serves me in a positive way…that I survived my lowest point and worked my way back up to where I want to be. . Keep fighting for the life you want to build - even if it means 4 am alarms. . I’m rooting for ya⚡️
