Who Can Relate to Your Stress as a Business Owner or CEO?
Unless you have run a company, it is impossible to know the stress of being a small business CEO.
I remember when I was seeking expansion funds for my first company. Ron Perelman called me one day and said "David, as you know, I think your business plan is sound and now that you have sent us samples, my family loves your dressings. Listen to this." And then I heard a piece of paper tear over the phone.
He said "I just wrote you a check for $2 million. Now, before I sign it and send it to you I have one last question. Have you ever run or been involved on the board of a company that was forced into bankruptcy?"
I remember feeling elation at the thought that I had just secured my expansion capital as I emphatically replied "no!". His response?
"David, I can't entrust my money to someone who has never known anything other than success and has never had to work his way back from failure. Call me back when you have."