Knowing When to Quit: Overcoming Failure and Building True Wealth

What does it take to transition from grinding 80 hours a week as a contractor to managing over $100 million in revenue? In this episode, Kris Krohn sits down with creative finance expert and real estate investor Pace Morby for a raw, deep dive into the realities of entrepreneurship.Pace and Kris share their personal "do-over" moments. From losing everything and surviving $16 million bankruptcies to learning the power of delegation, mastering financials, and knowing when to strategically quit a dying business. They break down how to value time over money, why hiring your first admin can unlock millions, and how to build high-level advisory boards that elevate your business into private equity