Recently I declared Time Bankruptcy. The shtick was fun for a month, but it’s not the way I want to run my life and businesses.

When things went to the shitter for me in 2002, I was stuck cleaning up and also ‘house poor’ at the exact same time. Looking back at the markets, that would have been a great time to invest in the stock market and web startups.

From 2002-2005, I was out of the game completely.

By the time I got my head clear, our house sold and our lifestyle downsized in 2005, I missed a massive amount of opportunity.

I have had a pretty good run since getting back in investment mode in 2005. The lesson I have been learning in 2009, is it’s OK to miss opportunity if you are in the game. You can’t own everything and you just have to say no, especially when you are hot.

I am ecstatic to be in the ‘Opportunity Overload’ mode. It means I am in the flow.

So many friends in Phoenix are where I was in 2002 and as cold and mean and unempathetic as I can be, I know ‘THAT’ pain.

Those that work themselves out will look back at 2007-2010 and just shake their heads at the opportunities missed. I can’t believe the flow of ideas I need to pass on right now. Mind boggling. But at least I pass from a position of strength, not weakness. At least I could do some or all of the deals if I had more time.

I let myself get extended recently and I have been pulling back.

Take some money off the table and learn to say no when times are great.