How to Start Over If You Lose It All

“What happens when everything falls apart and you lose it all? These very successful entrepreneurs and members of The Oracles, who have all started from scratch more than once, explain what they would do next if they lost it all again.

1. Cover rent, then start another business.
I’d hop into a promising business and start selling because that’s what I’m good at. The minute my rent was covered, I would start a business. It wouldn’t make much of a difference if it were a hot dog stand on the corner or a technology startup, as long as I believed wholeheartedly in the product. —Barbara Corcoran, founder of The Corcoran Group and Shark on Shark Tank.

2. Build a blockchain government.
Blockchain technology speeds up transactions, reduces costs and lowers the chance of fraud. Think of it as a shared ledger and database that no one can manipulate. All data is fully transparent. If I had a mantra to rebuild after my fresh start, it would be, “Promote freedom at all costs.” —Tim Draper, founding partner of DFJ”

Read the full post here.