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Coffee Shop
What is the biggest lesson you’ve learned from a failure?
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<blockquote data-quote="hurleyjd" data-source="post: 1592087" data-attributes="member: 4674"><p>Looking back I regret getting into the Dairy Business. Actually grew up in a family dairy and thought that was the only way to make a living. After ten years I sold out the cows and equipment and went to work in a professional job with a company with great benefits. This move made it possible to have a great SS check and a pension check plus all of the 401k Money I socked away. If I had not done this I would not be going to the farm to roll some hay. Now I realize that the beef herd may not be such a great idea either. If I had not went to work I would not have the means to keep the beef herd. Yeh great I get a big tax write off because it is a losing proposition. Now I did buy some land cheap many years ago and it is about ripe to sell.</p></blockquote><p></p>
[QUOTE="hurleyjd, post: 1592087, member: 4674"] Looking back I regret getting into the Dairy Business. Actually grew up in a family dairy and thought that was the only way to make a living. After ten years I sold out the cows and equipment and went to work in a professional job with a company with great benefits. This move made it possible to have a great SS check and a pension check plus all of the 401k Money I socked away. If I had not done this I would not be going to the farm to roll some hay. Now I realize that the beef herd may not be such a great idea either. If I had not went to work I would not have the means to keep the beef herd. Yeh great I get a big tax write off because it is a losing proposition. Now I did buy some land cheap many years ago and it is about ripe to sell. [/QUOTE]
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What is the biggest lesson you’ve learned from a failure?
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