Bad debt is debt that makes you poorer. I count the mortgage on my home as bad debt, because I'm the one paying on it. Other forms of bad debt are car payments, credit card balances, or other consumer loans.
The size of your success is measured by the strength of your desire; the size of your dream; and how you handle disappointment along the way.
As a young kid, I really wanted to be rich.
I worked for Xerox for 4 years and after that I knew I was never going to be a corporate person. It wasn't my environment.
Although I don't like the way the Chinese do business, I continue to do business in China. I have to. They're the next world power.
I would say raising capital is one of the weakest things for most entrepreneurs.
