Lessons Learned from Losing 2 Businesses in the 2008 Crash W/ Tyler Pratt

Host Chaz Wolfe sits down with business owner Tyler Pratt. Tyler is the founder and CEO of power line construction company, High Voltage Inc., a drilling company and also owns a rental company. He has been in the industry for over 15 years. During the show, Chaz and Tyler discuss the theme of resilience as a business owner, and Tyler shares his personal story of overcoming the challenges he faced during the 2008 market crash, losing everything and starting again with no resources. They also talk about the importance of determination and never giving up, even in the face of adversity. They also explore the theme of diversification and the importance of having multiple streams of income. Tune in to this episode of Gathering The Kings Podcast to gain insights and inspiration from Tyler's story.During this episode, you will learn about;[01:50]  Intro to Tyler and his business[06:00]  Humility vs. Ego[13:00]  Losing 2 businesses in 2008[22:00]  Finding your direction as an entrepreneur[25:00]  Business cycles[36:00]  Reconciling with the idea of making profit[46:00]  The fallacy of balance[49:00]  Never giving up[52:00]  How to connect with Tyler[54:00]  Sneak peek into Gathering The Kings Mastermind Group & how to get more informationNotable Quotes“With who you are as a person from a development standpoint. That's where you shouldn't rest.” - Tyler Pratt“To get to it, you have to go through it.” - Tyler Pratt“The School of Hard Knocks is a great place to learn, but only a fool continues to attend.” - Tyler Pratt"I think that's the beauty of being an entrepreneur is you can always course correct and you can always pivot." - Tyler Pratt"Don't give up. Maybe it sounds cliche, but that philosophy, that principle right there is absolutely true." - Tyler Pratt"It's great if you want to do great big numbers and revenue, but if it costs you every dime of that and more to run it, you're not gonna be around very long." - Tyler Pratt"You dig deep, you find yourself, you figure out just how strong your internal metal really is." - Tyler Pratt"Money isn't everything, but it definitely ranks right up there with oxygen." - Tyler Pratt"That's so difficult sometimes cuz we see the bigger picture, but we don't necessarily know all the steps, so we're trusting and believing in ourselves." - Chaz Wolfe (Host)Books and Resources Recommended:Profit First by Mike Michalowiczhttps://www.amazon.com/Profit-First-Transform-Cash-Eating-Money-Making-ebook/dp/B01HCGYTH4Traction by Gino Wickmanhttps://www.amazon.com/Traction-Get-Grip-Your-Business/dp/1936661837Let’s Connect!Tyler Pratt:Website:  https://www.hvipower.com/Instagram:  https://www.instagram.com/hvipower/ @ hvipower YouTube:  https://www.youtube.com/channel/UCsJ1Vda-jGGeCNd5vH3fc0QBusiness Facebook: