But we persevered.
Wednesday, May 2, 2012
If One Door Closes, Another Door Opens
The
process began in January 1988 and was the most stressful experience of
my life. We made presentations of our business plan to eighteen lending
institutions, and had to approach each one with as much enthusiasm as we
could generate. Over and over we presented our case, only to receive a
polite, 'No, thank you' a few days later.
But we persevered.
As CEO of SELF, I had learned from my parents and
grandparents that if one door closes, another door opens, so the best
course is to believe in yourself and to look for the next open door,
instead of focusing on the one that just closed. For me, during this
agonizing process, the next open door was the next presentation to the
next bank. Finally, after our nineteenth presentation, we got a 'Yes!'
And, as it happened, we were able to close the transaction on September
21, 1988 - the very day I became a corporate CEO for the first time.
But we persevered.
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