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Character shows in hard times
When nobody has anything, you find out who people really are. When all they have to offer is their handshake and their love, that's their true character.
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My relationship with Jesus Christ is what lifted me from rock bottom. I believe God had a plan for my life.
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Design your life!
The nice thing about life is that we get to plan it. Too many people don't give that enough thought - they simply live by the seat of their pants.
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Think about where you want to be in 30 years. Get a picture of what you want your life to look like. Then work backwards.
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Is everyone built for entrepreneurship?
Not everyone is built for entrepreneurship. The real question is: Can you live with uncertainty, and do you have enough confidence in yourself to get through the dry times?
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True wealth is a balanced life
Money is a nice part of life, but it isn't what makes you rich. True wealth is having a wonderful, balanced life - because money alone doesn't make life perfect.
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The best ideas look crazy
If everybody thinks it's a great idea, you probably missed it. My best investments were the ones people thought were crazy. Once everyone agrees it's a great idea, it's already priced in.
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Your edge is your advantage!
The best industry to get into is the one where you have an edge.
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It's a boom - bust business
When everyone thinks a boom will never end, it will. When everyone thinks a bust will never recover, that's when opportunity appears.
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Run your life a little bit ahead of where you are!
Be 10 minutes early to everything. Think about tomorrow because it's going to come. If today's Monday, you're thinking about Thursday. Run your life a little bit ahead of where you are.
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Correlation between physical fitness and financial success
Success starts with self-discipline. If you can show up for the gym every day, you can show up for your goals.
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Never left a soldier behind! Attack every day!
Forget about all the bull - go to work every single day. I never left a soldier behind. Failure is not an option. Attack every day.
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That's how you build cash net worth
I never borrowed a dime to run my business in 40 years. The only thing I borrowed on was brand new trucks - expensed it in one year, paid it over four, kept the truck for 10. That's how you build cash net worth.
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Don't have debt. I am a debt-free operator. If there's a mistake, you can rebound. A lot of guys leverage all the debt up and want to talk about how many buildings they own - but they're so broke because they're leveraged up.
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Fall in love with the work
I loved what I did. I love the smell of diesel in the morning. Every morning was like Christmas. A lot of kids don't want to do that today. They're looking at what other people do and think it's easy, but you got to fight and get in there every single day.
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Buy when people are fearful and sell when they're greedy. Everyone does it in reverse. It's only a negative if you realize and crystallize it on the balance sheet.
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When someone says no or doesn’t understand you, take it, learn from it, and add it to your toolkit going forward.
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Did you have people that doubted you in business?
I don't allow people in the room to doubt me. If someone says no, it's because you haven't sold the benefits and you haven't created the urgency. 'No' is just another version of someone saying, 'I don't understand, sell me.'
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