Ending Soon! Save 33% on All Access

Why I Once Turned Down a $42,000 Bonus Sometimes, putting yourself out there and taking risks is the best way to achieve your goals.

By Jeff Rose

Opinions expressed by Entrepreneur contributors are their own.

Muhammad Ali once said, "I don't count my sit-ups. I only start counting when it starts hurting because they're the only ones that count." He spoke of the value of extreme discomfort, and in this video, certified financial planner Jeff Rose wants you to follow his example. That is to say, it's important to put yourself out there. In this video, Rose shares some of the risks he has taken in his personal, professional and financial life. That includes:

  • Taking on his first role as a junior broker.
  • Turning down a $42,000 bonus.
  • Co-founding an investment firm.
  • Selling a six-figure business and moving his family to a new state.

He admits that each step was difficult and often scary, but he pushed through and gave himself permission to try and, if necessary, fail. Watch the full video to hear more of Rose's story and advice.

Related: How This Certified Financial Planner Used His Roth IRA to Turn $11,000 into $270,000 [100% Tax-Free]

Jeff Rose

Certified Financial Planner, Author and Blogger

Jeff Rose is an entrepreneur disguised as a certified financial planner, author and blogger.  He's best know for his blog GoodFinancialCents.com and book, Soldier of Finance: Take Charge of Your Money and Invest in Your Future.  He's also the editor of LifeInsurancebyJeff.com. He escaped a path of financial destruction from dropping out of college with over $20,000 of credit card debt to become a self-made millionaire. His mission is help future generations achieve financial freedom by developing strong money habits and unleashing their entrepreneurial spirit.   

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Leadership

How a $10,000 Investment in AI Transformed My Career and Business Strategy

A bold $10,000 investment in AI and machine learning education fundamentally transformed my career and business strategy. Here's how adaption in the ever-evolving realm of AI — with the right investment in education, personal growth and business innovation — can transform your business.

Side Hustle

These Brothers Had 'No Income' When They Started a 'Low-Risk, High-Reward' Side Hustle to Chase a Big Dream — Now They've Surpassed $50 Million in Revenue

Sam Lewkowict, co-founder and CEO of men's grooming brand Black Wolf Nation, knows what it takes to harness the power of side gig for success.

Starting a Business

How to Find the Right Programmers: A Brief Guideline for Startup Founders

For startup founders under a plethora of challenges like timing, investors and changing market demand, it is extremely hard to hire programmers who can deliver.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Leadership

How to Break Free From the Cycle of Overthinking and Master Your Mind

Discover the true cost of negative thought loops — and practical strategies for nipping rumination in the bud.

Science & Technology

3 Major Mistakes Companies Are Making With AI That Is Limiting Their ROI

With so many competing narratives around the future of AI, it's no wonder companies are misaligned on the best approach for integrating it into their organizations.