6- I tried to become a boxing promoter in Phoenix in 1995. I'm a fan of the fight game and saw a tremendous void in live boxng in Phoenix. I thought that being from the phabulous phight town of Philadelphia made me an expert. Try getting an affordable liability policy for a boxing event. Stick with mortgage lending.
7- I tried to become an expansion baseball team owner in 1996. I had a business plan drafted for the Prescott Frontiersmen, complete with logo and membership in the California League (A ball). I had conversations with Buzzy Bavasi and Jerry Colangelo (they were quite nice and encouraging). Noone wanted to invest in the scheme. Stick with mortgage lending.
8- I have a great friend who created a company Hospitality, Entertainment and Restaurant Employees' Bulletin Board (HERBB) in 1992. He was trying to get this concept of relocating employees, looking for jobs in those industries, to subscribe to a service on their computers. He hoped that I and a few friends to help him raise money for this hare-brained scheme. Naturally, we told him he was insane. (Can you say monster.com?). Stick with mortgage lending...this www thing will never catch on.
9- I caught a baseball at a Diamondbacks game in 2003 and it was replayed on the evening news for 2-3 nights thereafter. I made a Willlie Mays basket catch and damn near broke my finger. Needless to say...while I have grandiose fantasies about playing catcher for the Phillies, I stuck to mortgage lending.
10- I was approached by an internet service provider in 1996 to help him buy up little service providers throughout the Southwest. His business plan was to consolidate a bunch of smaller ISPs and sell the asset to a bigger player 2-3 years down the road. He wanted to pay me a small salary and a huge performance bonus in stock otions. After careful analysis, I determined that ISPs were akin to utility companies, and that there was little room for the small player. He never realized his 2-3 year plan because Qwest bought him out for 2.5 times the stock price 13 months later. I stuck to mortgage lending.