How do you become a real estate tycoon by flipping a hamburger over to make a pizza? Ali Lasteger, often referred to as "Austin's Oracle", has the recipe.
"I'm hungry than s–t and clench my teeth every day," he told me in this week's "Renaissance Man." "That is, I don't know if it's politically correct, but it's correct. As you said, my dad was an Iranian immigrant. My mother is German ... Texas A { I had to go to two community colleges before I entered 82} M. I graduated from the top of my class in English major. Texas A&M. "
Yes There are many nutritional and food metaphors out there, but the nativeprominent biohackerin Austin, Texas was essentially nothing. He was in charge of grilling at Johnny Rockets, worked at Domino's Pizza and Double Dave Pizza, and had the opportunity to move to the next level, including the Law School at St. Mary's University.
The entrepreneur made a mistake. Many of them, according to him.
In his new book "Gift of Failure: Turn My Failure into Your Magnificent Success", real estate guru and documentary producers are his snuffs and theirs. The right path to be frank about how he set him up.
For example, Ali, who started the Global Entertainment Group, described a recovery from a series of events that could have sunk him in 2011. The first was a party in Dallas, which hosted the Super Bowl. He was ready to play Diplo, Diddy, Black Eyed Peas and was lined with large corporate sponsors.
"Then the biggestice storm in Dallas, Texas, struck... no people appeared," he said.
He thought he would recover at the NBA All-Star Weekend event at Playboy Mansion.
"48 hours before the event,I had legionellosis at the Playboy Mansion... I woke up when millions of people fell asleep in Dallas ... that's me. It was me who taught me that I need to be prepared for unexpected situations. "
It also teaches him to be introspective and self-assessed in an almost" irrational "way. I did.
"But I want to say,'I should have done better.'" … Frankly, this is painful and terrible. Mirror, you don't like it.
Of course, I have a lot of things I like. There are many things to celebrate. The man started the company with $ 3,000 in borrowed cash.
"And in the last six years, seven years after I started, we started at $ 3,000, for example, give or take, over $ 1 billion in production, and a balance sheet of hundreds of millions of dollars. Got it, "he said.
This kind of number isn't just about failure. He has a lot of practical wisdom to drop.
"Be kind to waiters, and I tell you, it's actually a good philosophy for life ... how do you treat what they look like subordinates? You can judge humans by that, and I don't mean that it's a point of advantage. "
Ali is witty and explains the benefits of using a large number of online sources. He keeps learning.
"I don't know how often I watch free videos on YouTube. I'm talking about Excel spreadsheet modeling. Really when I'm in the middle of a model and watching something. Even if one of the smart analysts shows me something, I don't fully understand. I want to go to YouTube and see it. I can do it or see a free class MIT has a free class on YouTube. Look damn. So does Yale. So does Harvard. "
But being a parent is a father of three. Was the most humble lesson for me.
"Everything. Everything. Once everything was in the age of ants. Ants get rich ... When our first Victoria was born, I literally sobbed my eyes and said," Take care of yourself. I can't see. " For example, what am I going to do?
And he may be ready to provide a beatdown to his TV.
"If you hear another fix and reversal, just buy the network and shut it down or break the TV. I'm not a violent person, but if I'm a violent person, It will probably break the television. "
He called the practice" gambling. "
"That is, winning a Las Vegas roulette doesn't mean you're an expert statistician who cracked the code."
Needless to say, cracking Ari's code. Did. Even if you play a hamburger, work hard, be a good example for your kids, be server-friendly, and don't ask for advice on playing. House.
