4 steps that took me from bankruptcy to a billion-dollar business - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 72 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 32%
  • Publisher: 51%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

4 steps that took me from running a company on the brink of bankruptcy to growing it into a billion-dollar business (by JosephDeitch)

He is the author of "Elevate: An Essential Guide to Life," and the founder of the Elevate Prize.

Some of his most pivotal choices included investing heavily in his people, persistently asking questions, and learning to listen with depth and compassion, as well as investing in failure and himself.I felt like my whole world was crumbling around me, and the stress manifested itself in sleepless nights, acute stomach issues, and a lot more. My fantasy at that time was to be free of debt — to be worthI got there eventually.

So I took my newfound love of listening into my conversations with senior managers, employees, and our customers, and it was astounding what insights I garnered. Since that revelation, I have learned so much by listening with respect, humility, and curiosity. As a result, my decisions, in both business and my personal life, are much better vetted. Plus, the overall process is more enjoyable for me — and everybody else.Simple, right? Asking is the key to achieving virtually anything we aspire to.

The bottom line is that it's essential to ask other people because they have knowledge, experience, and perspectives that we don't — and they can often see things we can't. Plus, it involves others and allows them to help, ultimately building high-performance teams. Remember to ask your inner self as well: Intuition is invaluable.Some years after stabilizing the business, we were once again thriving. This was in part due to our commitment to customer service.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in AU
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Inside the life of one of Trump's latest pardonees, Michael Milken - Business InsiderInside the life of Michael Milken, the prominent former Wall Street financier who was pardoned by President Trump over insider trading charges from the 1980s Trump used to have whiskey with Boesky and cookies with Milken.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Inside Mike Bloomberg's social media campaign strategy - Business InsiderBloomberg has spent big on social strategy since starting his campaign, and he can afford to with an individual net worth of more than $62 billion.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Inside Britney Spears' conservatorship and the #FreeBritney movement - Business InsiderBritney Spears' 12-year conservatorship was just extended. Here's a look inside the arrangement that prevents her from legally controlling her life and $59 million fortune Yet she is still hostage DwayneDavidPaul WTF?! What all is goin on here? She's an adult, let her make her own decisions FreeBritney
Source: BusinessInsider - 🏆 729. / 51 Read more »

TikTok is providing parental controls - Business Insider - Business InsiderTikTok rolled out a parental control feature dubbed 'Family Safety Mode' in the UK, and is set to expand it to other regions in the coming month. Is there a 'CCP Block Mode' too? 🤔
Source: BusinessInsider - 🏆 729. / 51 Read more »

How to get a car loan in 9 steps - Business InsiderTo get a car loan, check your credit score, gather pre-approvals, compare offers, choose the lowest interest rate. Then, accept a loan offer and buy.
Source: BusinessInsider - 🏆 729. / 51 Read more »