Richmond Dinh

Yeah, just gave it up.

Yeah, burnt the boats.

Yeah, I just realized if I kept it, then I didn't want a plan B. But at the same time, a lot of people say, burn your boats, don't have a plan B, go all in.

You got to be smart too.

You know the saying, if you want to take the island, you got to burn the boats from Tony Robbins.

And that's true.

You get to the shore, you burn your boat so you can't retreat.

But most people burn their boats 1K from shore and they can't swim.

I wasn't just dropping out.

Exactly, exactly.

At least have cash flow or a plan or some mentorship or something that you know is going to give you more certainty of success.

Yeah, I dropped out and I did have some cash savings.

It's a bit of an interesting story.

I didn't have cash savings to really start a business.

I had lost over a million dollars in the property market and I was negative cash flow and every dollar I was earning, I was working seven days a week just to make the repayments.

And if I didn't, then I'd have to go bankrupt.

After doing that for a year, I thought, I don't think I could work seven days just to pay off this loan for the next 10 years.

And the easiest way for me was just to go bankrupt.

And I thought, okay, well, what needs to happen to go bankrupt?

I seeked legal advice.