I saw in the NBR Rich List is that a new entry is Josef Roberts with an estimated $100m. he is 52. The Herald reports that Roberts was bankrupted before he was 30.
I find that quite inspiring. No one likes to fail, but it is how you respond to failure that can define you. Roberts didn’t give up on a career in business, but learnt from his mistakes.
In business there is no reward without risk. That is the tension always there. Failure for some is inevitable, and I admire those who carry on.