@thejessebounds: Steve Wynn lost everything in 2000. Well, not everything but his company, his title, and his empire were gone overnight. We love staying at the Wynn. Classy and elegant. Wynn was the man who built modern Las Vegas. The Mirage (1989): The first megaresort, complete with a volcano. Treasure Island (1993): A pirate-themed spectacle that brought families to the Strip. Bellagio (1998): The crown jewel, with its dancing fountains and fine art. But he had borrowed billions to build them. Shareholders said he was too focused on beauty and art, not enough on profits. Then came 2000 — when MGM Grand swooped in with a $6.4B hostile takeover of Mirage Resorts. Wynn had no choice but to sell. Imagine. One day you’re the visionary CEO of a billion-dollar empire. The next day, you’re out no company, no control, no platform. Most people would have retired. Wynn didn’t. He bought the struggling Desert Inn, tore it down, and started over. Wynn Las Vegas (2005): The most expensive resort ever built at the time. Encore (2008): A second tower, more luxury. Wynn Macau (2006) + Wynn Palace (2016): Bets on Asia that turned into massive cash machines. Wynn Resorts went from risky startup to a $20B global powerhouse. Takeaway for Business Owners… Setbacks are not the end. Sometimes they are the start the chance to rebuild stronger, smarter, and better than before. Wynn’s story is a masterclass in: Betting on your vision. Leveraging adversity as fuel. Refusing to let one chapter define your whole book Question for you… Have you ever had to rebuild after losing something big? How did it change the way you lead today? #Entrepreneurship #BusinessTurnaround #RiskAndReward #WynnResorts #LasVegas

Jesse Bounds

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Saturday 27 September 2025 17:33:15 GMT