People say "learn fast." They rarely mention the tuition.
Dan Koe talks about being down a few million recently. He has always taken large financial risks in his business, calling it the price of clarity. Once clarity is achieved, you can earn twice as much in half the time.
My dad said the same thing from a different industry. As a business owner, he too lost big–six figures–and lived to tell the story.
It made me realize something: losing that kind of money is, in a way, a hidden compliment–a signal of value. At some point, a market, a bank, or a client judged you capable of moving numbers that large. You were in the arena.
That doesn’t mean be reckless. It means remembering that risk is the toll you pay to reach more.