Antifragile
Progress not perfection
FASTLANE INSIDER
EPIC CONTRIBUTOR
Read Rat-Race Escape!
Read Fastlane!
Read Unscripted!
Speedway Pass
User Power
Value/Post Ratio
458%
- Mar 15, 2018
- 3,744
- 17,150
Bumped for a great point.Lessons From Tesla (the Man, Not the Car) Lessons From Tesla (the Man, Not the Car)
As much as I LOVE the agg stuff, back on point. Here is a story of Nikoli Tesla. The inventor of AC power. The power type we use today. It was BETTER than DC. It traveled longer distances. It was more efficient and powerful.
So why did he die penniless? Why don't we hear about him alongside of the likes of JD Rockefeller and Andrew Carnegie? Because he was a small thinker. He was UNDERFUNDED and ran out of resources in a battle with well funded Edison and JP Morgan..
From the article: ‘By his own admission, Tesla “suffered a complete collapse” when he ran out of resources.’
Not only did he not get wealthy... He didn't even make a good living.
The WSJ describes it as a LONE WOLF BEHAVIOR. Hmmm, sound familiar? Onepreneurs take note.
Resources breed success.
For anyone in RE, we have a saying “never finance a long term project with short term debt”.
Dislike ads? Remove them and support the forum:
Subscribe to Fastlane Insiders.