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Money Tree Investing

MTI102: Rebounders Don’t Fail, They Pivot – Rick Newman

Money Tree Investing

Money Tree Investing Podcast

Stockmarket, Valuestocks, Investing, Finance, Passiveincome, Wealth, Business, Personalfinance

4.6658 Ratings

🗓️ 2 September 2016

⏱️ 43 minutes

🧾️ Download transcript

Summary

Success comes with hard work and tough decisions. Sometimes you need to quit and pivot. Rick Newman wrote the book, “Rebounders: How Winners Pivot From Setback To Success”. Doug interviews him about failing fast and making tough choices on the

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The post MTI102: Rebounders Don’t Fail, They Pivot – Rick Newman appeared first on Money Tree Investing Podcast.

Transcript

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0:00.0

My 11th grade physics teacher had a sign on the wall.

0:03.2

It said, if at first you don't succeed, failure may be your thing.

0:08.5

How true, how true.

0:10.6

But today on Money Tree podcast, we're going to be talking to an expert who says failure doesn't have to be your thing.

0:16.4

Just a minute I'll be bringing on Rick Newman, who wrote the book Rebounders, how winners pivot from

0:21.4

setback to success. My name is Doug Goldstein. I am in the driver's seat today at Money Tree,

0:26.9

so I get to do the interview and host our panel discussion with the phenomenal Money Tree

0:32.6

podcast panelists. So sit back, close your eyes, enjoy this show. Wait, well, don't close your eyes.

0:38.9

Wouldn't want anyone falling asleep. No, that certainly won't happen on today's episode. Enjoy the

0:43.3

interview. Welcome to the Money Tree Investing Podcast. Stock market, wealth, personal finance,

0:50.8

value stocks. Invest in your life. Okay, we are talking with Rick Newman, who is a

0:57.2

columnist for Yahoo Finance. He's based in New York. He's been covering business and economic

1:02.4

trends. He wrote a book called Rebounders, how winners pivot from setback to success. And Rick,

1:09.6

that's what I want to talk about it. Is it, you know,

1:11.4

a lot of times people are kind of winners and some are losers, but when things don't go well

1:15.8

for you, what do you need in order to rebound? You need a lot of things. It starts with having

1:21.6

some experience at failing at something. And, you know, one of the reasons I got interested in

1:27.3

this was I cover a lot

1:29.4

of business people as part of my job. And you hear all the time, oh, you know, what a great success

1:35.2

this leader is or that leader is, took some startup and turned it into a billion dollar business.

1:40.0

You don't often get the full story. And more often than not, when you ask these people,

1:44.0

how did you get there?

...

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