Shadrach White

It was a great opportunity to hear the experience with his business, the mistakes and good choices he made. The plan of the success is never straight, and it is always the process of learning and making changing if they are needed in it. Shadrach White did make many different companies and many ups and downs. He had an eye opener with his first company in which he failed miserably and had a dept of seventy five thousand dollars. He had a great idea of selling original NBA jersey of NBA teams. The part the company struggle was the lack of knowledge of financial side of the business. Because of that the company went out of business. This gave him the time to get more knowledge and work on the mistakes he made earlier in this project. The second company was a success, but he had issues going on with the other partners in which he had to leave the company. The company became worth over 20 million dollars and he also became a millionaire. The lesson he learned from this was to always put it down on the paper before starting any company which the shareholders and how many percentages of each shareholder are owns in the company.  It is important lesson for any new company to record everything and have everything written completely. The third company he is working right now is a company is cloud computer base company which work with company and help them do everything cloud base instead of the hardware. This company has became a big success with this new platform. This is 100% owned by him and is now worth over 10 million dollars.