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Guest part 3

Last week we had a new guest speaker named Shadrach White. He told us that when he was in sixth grade his teacher asked him what he wants to be and he said he wants to be rich. So since he was a child he wanted to be rich which eventually he did become but had struggles in life. He started with a job and made about 18,000 dollars a year. Then he got a job at a copier tech on the year of 1993, then made more than what he used to make but wasn't a lot. Then one day he read a book about street basketball and got interested and made a company named Rucker Park Basketball Gear. So to make the company successful he did a lot of stuff such as throw a dunk contest so people around the city can get interested and enjoy the competitions. So he did throw a contest and invited so many people, but because it was his first time hosting an event so he forgot that he is suppose to buy a permit but when the city officers called him to their office he realized that and he asked them how much it costs for a permit and the officers said about 65,000 dollars. After hearing the price he was really depressed because he wasn't that rich and did not have that much money but the officers were kind enough and told him that because its his first time and everyone in the event was having fun, they just gave him a warning and said next time you throw an event then remember to pay. So after hearing that Shadrach felt blessed . Even though he did a lot for his business, the business didn't work out and became a failure. Shadrach said that the business did fail but he learned good lessons from it so in the future he could fix the mistakes he made. After the business failed he was in debt and had a family but he didn't give up and he thought about a new business idea. So he started a business named Axiom Systems and that company worked and earned millions of revenues. So from that date he became more successful and has been part of few other successful companies. So from our guest speaker we as a class learned that a real entrepreneur should never give up and always should learn from their previous mistakes.

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