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Ep 148: How to Fail Forward to Success | Travis Chappell
11:14 – I like a challenge. If I feel like I am gonna be challenged? Then I am going to enjoy the change, Kyle said.
1230 – I started a business and I left a career that everyone thought that I was going to succeed in. And I have to prove to everyone, not proving to myself but to prove to everyone else that I made the right decision of starting a business rather than following the sports anchoring path.
14:00 – You are not a failure if you step away from a business, your failure is if you step away from your dreams.
14:59 – You are not a failure if you have failed. The only time that you have become a failure is when you accept the state of having failed as your identity.
15:14 – People can succeed at any point along the journey. You can try things up until you are 65 and be like Colonel Sanders.
21:11 – Taking action is one of the best thing you can do especially if you are anxious or depress, where lack of actions is going to fuel the depressive state that you are in.
24:58 – People don’t know what they want their lifestyles to look like. And if you know what your lifestyle to look like, you’re going to know when you get into career if it is matching what your lifestyle should look like.
30:46 – If you’re just starting and you want to start in arbitrage and you don’t have a lot of money, the best place to mitigate the risk is just by understanding how to analyze the deal.
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