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My uncle kept saying don't take money from just anyone, and it cost me 8 months
Back in 2022 my uncle, who ran a dry cleaning shop in Bakersfield for 30 years, kept telling me never to take cash from an investor without a signed contract, even from a friend. I ignored that and took $12k from a buddy for my meal prep app, then he changed his mind 4 months in and wanted it all back, which killed the company by month 8. Do you listen to old school advice like that even when it sounds slow, or is it smarter to just grab the money and deal with the paperwork later?
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sandra69318d ago
Used to figure the paperwork could wait since the money was already in my hand. Then a guy I trusted flipped on me and suddenly the handshake meant nothing and I had nothing to point at. Watching someone take back money they handed over freely will teach you real fast that slow and boring beats fast and gone. Your uncle was right, and honestly the old guys usually are on stuff like this because they already ate the same loss you just did.
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