In 1991, Donald Trump, who is now better known for his firings on the TV show The Apprentice, had to file for bankruptcy. He decided to finance an investment venture, a $1 billion casino, with """"junk"""" bonds (of low quality but high yield). Soon thereafter, these bonds failed, leaving Trump with no other options. He nearly had to file for personal insolvency due to his disastrous performance.
Trump learned from this error and, over the next 15 to 20 years, invested successfully in real estate using his fame and wealth. In terms of net worth, he is nowhere near Bill Gates or Warren Buffet, but it is difficult to complain when you have hundreds of millions of dollars and can buy whatever you want.
Trump viewed his bankruptcy as a setback, not an obstacle. After """"making a mistake,"""" he was more motivated to succeed, not less. Instead of giving up or pursuing other opportunities, he persisted and ultimately proved his doubters incorrect.
You can allow life's challenges to drag you down, or you can use them to propel you toward your ultimate objective, whatever it may be.""
" - https://www.affordablecebu.com/
