Home Featured News Being sued once for $1 billion makes everyday challenges easier

Being sued once for $1 billion makes everyday challenges easier

by The 100 Companies

Entrepreneurs frequently face failure. The occasional successes keep us going.

I thought I was smart 20 years ago selling my first insurance agency to a bank, but when the bank closed in the 2008 banking crisis, I lost my job and my purpose. I mortgaged our house, got a bank loan and bought my agency back.

Two months later, I was sued for $1 billion. A year later, the frivolous suit was dismissed, yet the everyday stress was debilitating. Here’s what I learned: focus on today and what’s important: serving customers, building teams, loving family and staying positive. That works.

– Jeff Arnold, President, Rightsure

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