This morning I have achieved 72 years of age.
I am a very lucky man. In thinking over what to share today, I came up with an
interesting story. We all have seen the large offshore oil rigs that drill for
oil and gas in the ocean. There is quite a story about how these engineering
marvels were invented. It all started during the Great Depression. An engineer
in Louisiana made 5 attempts to develop a platform that would allow oil
companies to drill for oil and gas offshore. He failed 5 times. World War II
came. He went to the US Navy. He continued to work on his dream. He got a
design completed that he was sure would work. When he left the US Navy, he made
an appointment to see a very wealthy man in New Orleans. He went to the
meeting. He was requesting one million dollars to make his oil drilling platform
work. In 1946, one could buy a full sized Chevrolet or Ford sedan for $800 US.
The house that Elena and I live in is worth $1,300,000 today. In 1946 you could
buy this house for $5,000 US. In simple language the engineer was asking for a
lot of money.
The wealthy man listened to his
presentation. He took a few notes. He glanced at the stack of engineering
drawings. He asked a few questions. Then he went silent for what seemed like an
eternity. He looked at the engineer. He made a profound comment: "Each
time you tried this and failed you learned something. I think that you got it
right this time." He motioned for his accountant to come over. He
instructed him to write the man a check for $1,000,000. The accountant
protested. The wealthy man just waved his hand and smiled.
The engineer got his $1,000,000 check. He went to work out in the Gulf
of Mexico. This time his platform worked. A revolution began in the oil and gas
industry. Try to imagine all the money that the wealthy New Orleans man made in
the years that followed. It could have been anything from hundreds of millions
to billions of dollars. It was a handsome return on his investment.
I
was a failure until I was 52 years of age. Then Elena came into my life. She
saw something in me that other women had missed. She became a wonderful and good
influence on me. All the failures that I had experienced taught me great
lessons. I used these lessons to turn around my life. I had to face impossible
obstacles and hopeless situations many times. I never quit or gave up.
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