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Maretus
@maretus.eth
Navigating Risk vs. Reward How do you decide when a risk is worth taking? Have you ever taken a big risk that paid off—or one that didn’t go as planned? I have done both. At 19, I took over ownership of a small franchise pizza restaurant. It was a good opportunity but it didn’t go as planned. The restaurant didn’t make money and I struggled to make ends meet. Ultimately, I sold it for a very small profit, but nothing for the time and effort put in. Then, in 2013, I quit my safe job to start a risky digital marketing company. We grew quickly and in 2014, a large competitor made a generous offer to buy out the company. I took that offer and I began working for them. Today, I am much more careful about taking risks. I’m almost 40 and my time is more valuable to me now. I will still take risks but the rewards must be outsized for me to really do so. Let’s talk about the toughest risks you’ve taken in life, what you learned from them, and how you weigh risk vs. reward in your decisions today.
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Midnight Marauder Ⓜ️
@midnightmarauder.eth
Hurt my back doing as a construction subcontractor, decided to get my real estate license in NYC. Worked in a cutthroat company for a year until I got hired by a boutique firm. It was pretty badass for 4 years. 5 Ave office with a killer view, doorman building all things I’d never experienced before in Brooklyn. Things got weird at the firm after my mentor at the firm was disappeared with her boyfriend. The culprit but never convicted was her landlord that wanted to intimidate them out of their rent controlled loft. Through the connections I made there was able to go back into construction at a much higher level. Ultimately 9-11 has different plans for me after that but that’s another story.
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Tim
@cryptim.eth
Real estate is so cut throat in general, pretty impressive you were able to stay in it for 4 years
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Midnight Marauder Ⓜ️
@midnightmarauder.eth
I did really well tbh, the firm dealt with relocation of Bankers and Diplomats. The owner was never the same after the abduction and wasn’t a good manager. She was the conduit to the agents. I also got an amazing opportunity after through a connection there to launch a Historical Restoration company.
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Tim
@cryptim.eth
it's pretty cool how people in real estate seem to have all the connections. Do you restore historical buildings?
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Midnight Marauder Ⓜ️
@midnightmarauder.eth
Real estate is weird, you meet so many different people and have to gain their trust. I think that facilitates future networking in some way but can’t really define it tbh. I have restored a bunch of crazy apartments and offices. Ansonia Building mostly and the Chelsea Hotel
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Tim
@cryptim.eth
that's pretty sweet, now if you wanted to you get probably getting into brrrring houses
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Midnight Marauder Ⓜ️
@midnightmarauder.eth
I was telling Taylor I’m thinking of getting more serious about web3. Did OPs for some failed token projects but feel seeing how they failed now I know what to avoid
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