Margie Warrell

But to that point, Mike, we're always having to analyze the pros and the cons. Can I afford it? Can I not afford it? What are the chances of this going wrong? So we need to do that analysis. And you said, well, it could have gone either way. You know, most of the time it's not 50-50. Most of the time it's like, well, you know, there was a 15%, 20% chance it might not have worked out.

But it's not like we sit idly by while the whole thing falls. Yes, sometimes, you know, the stock market just crashes overnight. But most of the time there's signs that things aren't starting to go well and we can intervene to shore up the downsides. You know, I remember meeting Richard Branson a few years back and he talked about taking a third mortgage on his home in his early days with Virgin.

But it's not like we sit idly by while the whole thing falls. Yes, sometimes, you know, the stock market just crashes overnight. But most of the time there's signs that things aren't starting to go well and we can intervene to shore up the downsides. You know, I remember meeting Richard Branson a few years back and he talked about taking a third mortgage on his home in his early days with Virgin.

But it's not like we sit idly by while the whole thing falls. Yes, sometimes, you know, the stock market just crashes overnight. But most of the time there's signs that things aren't starting to go well and we can intervene to shore up the downsides. You know, I remember meeting Richard Branson a few years back and he talked about taking a third mortgage on his home in his early days with Virgin.

And I said, gosh, how did your wife feel about that? Because he was married, he had a little child. And he said, oh, I didn't tell her. And I was thinking, man, I wouldn't have wanted to be married to you back in the day. But he also said... He always sought to shore up against the downsides of the losses so that if he lost things, you know, he didn't lose everything.

And I said, gosh, how did your wife feel about that? Because he was married, he had a little child. And he said, oh, I didn't tell her. And I was thinking, man, I wouldn't have wanted to be married to you back in the day. But he also said... He always sought to shore up against the downsides of the losses so that if he lost things, you know, he didn't lose everything.

And I said, gosh, how did your wife feel about that? Because he was married, he had a little child. And he said, oh, I didn't tell her. And I was thinking, man, I wouldn't have wanted to be married to you back in the day. But he also said... He always sought to shore up against the downsides of the losses so that if he lost things, you know, he didn't lose everything.

How could he avoid that in terms of the way he financed things, et cetera? And, of course, we are not all wired to be, you know, trailblazing entrepreneurs that bet, you know, take a second and third mortgage out on our home. but we do need to make bets all the time. If you go through your days, we're always making a bet. Do I spend my time on this or not? And it's the risk reward analysis.

How could he avoid that in terms of the way he financed things, et cetera? And, of course, we are not all wired to be, you know, trailblazing entrepreneurs that bet, you know, take a second and third mortgage out on our home. but we do need to make bets all the time. If you go through your days, we're always making a bet. Do I spend my time on this or not? And it's the risk reward analysis.

How could he avoid that in terms of the way he financed things, et cetera? And, of course, we are not all wired to be, you know, trailblazing entrepreneurs that bet, you know, take a second and third mortgage out on our home. but we do need to make bets all the time. If you go through your days, we're always making a bet. Do I spend my time on this or not? And it's the risk reward analysis.

And often we're a little too cautious and we actually should go, you know what? I'm going to back myself here. I'm going to go out on a little bit of a limb, not crazy, but I'm just going to put some of my own identity on the line here because I really feel like this is the direction I want to be heading.

And often we're a little too cautious and we actually should go, you know what? I'm going to back myself here. I'm going to go out on a little bit of a limb, not crazy, but I'm just going to put some of my own identity on the line here because I really feel like this is the direction I want to be heading.

And often we're a little too cautious and we actually should go, you know what? I'm going to back myself here. I'm going to go out on a little bit of a limb, not crazy, but I'm just going to put some of my own identity on the line here because I really feel like this is the direction I want to be heading.

Yeah, that's true. But actually, the evidence shows that we are three times more likely to regret the chances that we didn't take. And at the end of life, we're more likely to regret the brave things we didn't do. So there's this, it's called the theory of regret. that we regret because we don't know what could have happened.

Yeah, that's true. But actually, the evidence shows that we are three times more likely to regret the chances that we didn't take. And at the end of life, we're more likely to regret the brave things we didn't do. So there's this, it's called the theory of regret. that we regret because we don't know what could have happened.

Yeah, that's true. But actually, the evidence shows that we are three times more likely to regret the chances that we didn't take. And at the end of life, we're more likely to regret the brave things we didn't do. So there's this, it's called the theory of regret. that we regret because we don't know what could have happened.

And yeah, in the short term, it's like, well, I didn't have to risk the rejection. But over time, when we've got more time and we can look at things through a longer arc of time going, I should have just asked her out. Heck. And, you know, I'm sure you've heard the saying fear, regret more than you fear failure. But I know for me, when I wrote my first book, I had four kids, seven and under.

And yeah, in the short term, it's like, well, I didn't have to risk the rejection. But over time, when we've got more time and we can look at things through a longer arc of time going, I should have just asked her out. Heck. And, you know, I'm sure you've heard the saying fear, regret more than you fear failure. But I know for me, when I wrote my first book, I had four kids, seven and under.

And yeah, in the short term, it's like, well, I didn't have to risk the rejection. But over time, when we've got more time and we can look at things through a longer arc of time going, I should have just asked her out. Heck. And, you know, I'm sure you've heard the saying fear, regret more than you fear failure. But I know for me, when I wrote my first book, I had four kids, seven and under.

And I just felt really passionate around what I was doing. And I was like, I don't know what I'm doing with writing a book. I've got four little kids. And I just thought. I don't want to look back one day and go, what if I'd tried? And did I write a literary masterpiece? No. Did I feel really nervous as it was coming out? Yes. Was it easy? No,