The business blew up! But with no business savvy or contracts in place, my slimy business partner ripped me off, ran off with the idea, the money, and stuck me with $90k in debt.
Ouch! Not pretty. And I was still studying at the university. Beyond that incident, I’ve hit actual rock bottom twice.
In 2001, I was at the top of my game.
I made considerable money with my newly minted film business making commercials and music videos, I had purchased a rental condo on the beachfront in Negril, Jamaica a year earlier, and money was flowing.
Unfortunately, I was overleveraged when Black Monday hit and the stock market crashed just after 9/11. I lost $200k overnight. I nearly went bankrupt, ironically, years later I did.
In 2008 I left a comfy position as a mortgage broker for a big firm in Atlanta. Yet again, money was flowing.
I had a nice cushion stashed aside, my new wife and I had three homes between the two of us, and I had a booming publishing business AND film production company.
It couldn’t get any better, right?