Many times, when a millionaire details their success, they never start off with how they hit rock bottom; instead, they relay fancy quotes without proper direction. In a podcast with Author Hour, Nick Vertucci, author of Seven Figures Decisions gives inept direction on how to reinvent yourself when you hit rock bottom. Vertucci, started in the real estate business. Him, his partner, and another business owner (all identities are being concealed) created a cash-flow system and taught others on how to make money in real estate. Vertucci was in charge of teaching and speaking, his partner focused on the markets, and the other guy bought in the students who bought the properties.
Unfortunately, in 2013, he received a phone call from a promoter about him no longer being able to teach. Moreover, the seminar owner would not return his phone call. Everything he built got taken away from him. Both his partner and the other guy viewed Nick Vertucci as expendable and decided to cut their losses. Though this was the lowest part of his life; Vertucci also credit this to be one of the greatest things that had ever happened to him. Initially, he didn’t overly panic. Instead, he decided to be open with his employees and offer to pay them through December!
As time went on, depression began to ramp up. He felt embarrassed and abandoned by two people he viewed to be friends. It was as if the rug was snatched right from under his feet. Though he seen his business partners act monstrous towards others; he never thought they would behave like that towards him. Eventually, Nick Vertucci started to build his business from scratch. Vertucci didn’t allow the pain from his previous partnerships to stop him from trusting another. He started a partnership with a guy names Scott and began to rebuild his brand. Nick Vertucci credits having a strong mind game as a pillar to success. No matter what happens in business, don’t lose your mind nor your integrity.