Roger Brown
And I've made some serious mistakes with that, where it's just like the money's falling from the sky and we're making a lot of money. And then you look and you just don't see the stumps under the water that could be eliminated or missed, or if you looked a little better, you would be able to see it. So that's a great adage that I always say, and deep water hides all stumps could be from people, could be from process, and it could be assets or liabilities. I mean, it could be from any of those perspectives. And one of the biggest lessons that I've learned, and unfortunately I've learned it twice.
And you know, when you learn a lesson, you're not never supposed to repeat the same mistake, right? But the lesson that I learned was always sell the business on the rise and not wait for it to hit its pinnacle. So like you just said, I sold a business and maybe I sold it at not enough, but maybe if you would have waited another year, you would have sold it for less. And the thing is, is that as you're rising, it becomes more valuable to other people because they see the potential and the perspective. And maybe you took too little profit off the table. It's okay. Nobody ever got, you know, got blamed for taking too little profit. You took a profit. So, you know if I if I like I sold Bitcoin at $25,000, I mean so today I look like a idiot that bitcoins at you know 93,000. Okay, so I still made money at 25,000. So
I don't sell what somebody else made more. If I sold a business at $10 million and then the business a year later was worth $15 million, okay, so $10 million is a lot of money. So it's all relative. So I'm not one of those people that thinks that there's never enough money. I'm one of those people who thinks, yes, there is enough money. And after you have enough money, things change, things change and then your needs and your wants change in life. So, you then you focus on other function as a businessman and still want to be able to succeed and still want to win, but your needs change.