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.

Editor's Pick

Innovation

4 Ways Market Leaders Use Innovation to Foster Business Growth

Forward-thinkers constantly strive to diversify and streamline their products and services, turning novelties into commodities desired by many.

Business News

JPMorgan Shuts Down Internal Message Board Comments After Employees React to Return-to-Office Mandate

Employees were given the option to leave comments about the RTO mandate with their first and last names on display — and they did not hold back.

Business Process

The Best Times, Days and Months To Post on YouTube (2023)

When is the best time to post YouTube videos to maximize their effect? Discover the best time to post on YouTube in this detailed guide.

Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2025.

Leadership

From Elite Athletes to Tech Titans — Discover the Surprising $100-Million Habit That Leads to Extraordinary Success

Success comes from mastering focus, eliminating distractions and prioritizing what truly matters.

Business News

Your Old Apple AirPods Can Soon Act as an Over-the-Counter Hearing Aid, According to the FDA

The new software is compatible with the Apple AirPods Pro and accessible through iOS — for free and now FDA-authorized.