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This simple tactic helped a CEO sell his business for $1 million at age 21\u2014here's how to do it

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John Henry, co-CEO of Loop Car Insurance, used his life’s hardships as fuel to start his first company \u2014 and found it more advantageous than an MBA.\u2026

Hardships and setbacks can make it difficult to give 100% at work — unless you find a way to use them to your advantage.

Specifically, his teenage solution to his family's financial woes — a dry-cleaning company — sold for $1 million in just three years, setting him on the path to serial entrepreneurship, Henry said. After getting fired from his doorman gig, Henry realized he was learning more at the dry-cleaning company than at school, so he dropped out, he said."Entrepreneurs don't make for good employees," he told CNBC Make It via Instagram, adding a laughter emoji.

Your experiences and background shape"what you care about" in your career and why, Merchant said. She recommended asking yourself:If you could solve anything, what would it be?

 

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This tactic helped a CEO sell his business for $1 million at age 21\u2014here's how to do itJohn Henry, co-CEO of Loop Car Insurance, used his life’s hardships as fuel to start his first company \u2014 and found it more advantageous than an MBA.\u2026
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