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Side Hustle School

#2155 - Failure Friday: “I never should have borrowed money to invest…”

Side Hustle School

Chris Guillebeau

Entrepreneurship, Entrepreneurship,, Careers, Small Business, Business, Side Hustle

4.73.3K Ratings

🗓️ 25 November 2022

⏱️ 6 minutes

🧾️ Download transcript

Summary

In this week’s Failure Friday segment, we hear from a listener who borrowed money from a friend for an investment in a cryptocurrency project. Need we say more?

Side Hustle School features a new episode EVERY DAY, featuring detailed case studies of people who earn extra money without quitting their job. This year, the show includes free guided lessons and listener Q&A several days each week.

Show notes: SideHustleSchool.com

Email: team@sidehustleschool.com

Be on the show: SideHustleSchool.com/questions

Connect on Twitter: @chrisguillebeau

Connect on Instagram: @193countries

Visit Chris's main site: ChrisGuillebeau.com

If you're enjoying the show, please pass it along! It's free and has been published every single day since January 1, 2017. We're also very grateful for your five-star ratings—it shows that people are listening and looking forward to new episodes. 😎 🙏🏼 

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Side Hustle School features a new episode EVERY DAY, featuring detailed case studies of people who earn extra money without quitting their job. This year, the show includes free guided lessons and listener Q&A several days each week.


Show notes: SideHustleSchool.com

Email: team@sidehustleschool.com

Be on the show: SideHustleSchool.com/questions

Connect on Instagram: @193countries

Visit Chris's main site: ChrisGuillebeau.com

Read A Year of Mental Health: yearofmentalhealth.com


If you're enjoying the show, please pass it along! It's free and has been published every single day since January 1, 2017. We're also very grateful for your five-star ratings—it shows that people are listening and looking forward to new episodes. 😎 🙏🏼 


Hosted on Acast. See acast.com/privacy for more information.

Transcript

Click on a timestamp to play from that location

0:00.0

Happy Black Friday!

0:09.6

That's what I got nothing for sale for you.

0:11.8

True story, I do not have a Black Friday sale.

0:14.2

If you are shopping today, I hope you go and get some good deals.

0:17.3

If you are just trying to escape from all that, well, good news, as I said, nothing for sale.

0:21.8

But I do have a new episode for you.

0:23.6

My name is Chris Gillibot, this is SIDOSA school.

0:25.9

Today, our episode is within the segment known as Failure Friday.

0:30.4

It is a collection of short stories about mistakes, misstep disasters, and of course failure.

0:35.4

Just like our Throbac Thursday segment, you get here directly from a SIDOSLOR who has struggled to get something off the ground.

0:41.2

We've had a range of these stories.

0:43.4

All kinds of, as I said, mistakes, misstep disasters, some really epic stories.

0:48.9

Also, just some things that you're like, oh, I can totally see how that could happen, or I could make that mistake.

0:54.6

Or even if it wasn't a mistake, I would really not want to be in that situation.

0:59.0

But the whole point of the story is to go to that moment, and then also what did they learn?

1:03.4

How did they come out of it?

1:05.4

I enjoy working on these stories and bringing them to you every week.

1:09.2

Without further ado, today's short story features David from Phoenix, Arizona.

1:13.5

He's going to tell us the story of borrowing money for an investment.

1:17.5

Doesn't that sound like the lead off to a great success story?

1:21.6

Well, not really, and not just because it's failure Friday, but honestly, if I said,

1:25.4

how do you feel about borrowing money for an investment?

...

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