Julie Wainwright is the founder of The RealReal, the online luxury resale store where users buy and sell authenticated, pre-owned luxury goods like a Chanel bag, a Cartier watch or an Hermès side table. Wainwright has had a rollercoaster career, filled with highs and lows. High: she sold a company called Reel.com for $100 million. Followed by a big dip: Pets.com the company she was leading (remember the sock puppet mascot?) bombed in 2000. And now she’s riding high again with The RealReal. How did she make a comeback? First she needed to figure out a few things about failure, relationships and herself. Julie is authentic and tells it like it is, and her mentoring moment (in her words) is very real:
I had a seriously bad day in November of 2000. I knew I had to shut down Pets.com and lay off over 200 employees — most of whom I had personally helped to hire. And I knew the press would be all over this story as the company had been “dogged” by the press for the last year. What I didn’t know is that my husband of eight years would also ask for a divorce the morning that same day. Boom. My life as I knew it was about to change in an unpredictable and at the time, very bad way.
That was nearly 16 years ago, but the lessons I learned are timeless and still relevant in my life. Since failure is part of every life experience, especially if one takes any risks in life, here are six things I learned that can help you pick up the pieces and move forward:
To read the full article, visit Forbes.