Effectual Entrepreneurship, Third Edition

           

          Practically Speaking

          How to Learn to Let Go

          Knowing what he could afford to lose gave this entrepreneur the confidence to quit his day job and build his venture.

          Entrepreneur: Tom Fatjo

          Entity: Browning-Ferris

          Country: USA

          Pages 50-51 in

          Chapter 4 The Plunge Doesn’t Have to Be a Plunge at All (pp. 41-55)

          "Moonlighting
          Tom Fatjo was an accountant in Houston in 1967 when a meeting in his community challenged him to take up the garbage collection problem the neighborhood was facing. He borrowed 7,000 US dollars for his first truck.
          Every day, Fatjo woke at 4 a.m. to collect garbage for two hours before changing into a suit to go to work in his accounting office. This went on for over a year before Tom sat down to make the hard decision of whether to go on his own."

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