This is part of an inspiring article by Roger James Hamilton
Elon Musk lost $180M and was in debt in 2008. Seven years later, he’s worth $13 billion, but he’d be ready to risk it all again. Steve Jobs lost his entire Apple fortune by 1994, betting it on NeXT and Pixar. In 1995 everything turned around, he sold NeXT to Apple, Pixar to Disney and he passed away an icon. Walt Disney mortgaged away his entire fortune in the 1950s to build Disneyland, against everyone’s advice. He too went from giving up everything to becoming a legend. Each bet everything material they had on something invisible – their purpose and vision.
Monks call the state that comes after giving up everything “Moksha” which means liberation from the illusion. We’re not alive until we know what we’d die for.
Many of the greatest entrepreneurs unintentionally find themselves in this state by betting everything on their dream. Maybe you’re in this place right now. It is a place of pure power. When you have nothing to lose, you have infinite potential.
That is provided you don’t focus on what you’ve lost, but on everything you have to gain. That’s when everything turns around. As Walt Disney said “I don’t make movies to make money. I make money to make movies”.