How a $25K Lesson + a Shipping Disaster Turned Into a Multi-Million Dollar Empire
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He went from selling T-shirts at 17 to dropping out of UCLA with no backup plan, surviving by gambling on golf and learning hard money lessons along the way.
A shipping mistake forced him to invent mix-and-match swimwear, which led to a Venus Swimwear acquisition offer: $2.47M cash or $250K + 9% royalties for life.
He chose the royalty deal… and 30 years later, it paid him far more than the millions upfront.
A reminder: the right decision today can pay you forever.
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