It’s easy to blast Curt Schilling and his company’s collapse, losing the state of Rhode Island $75 million in the process.

But he says he also invested $50 million of his own money in his company, 38 Studios — and we assume he lost it all. Fifty million dollars.

OK, criticize him all you want. He blew it. He made mistakes. Probably huge mistakes. But isn’t risk — sometimes massive risks — part of starting a business? Isn’t failure supposed to be something you learn from, not something you condemn and mock?

The state of Rhode Island should never have lent Schilling the $75 million. A conservative Republican, Schilling was also a mild hypocrite for taking the taxpayers’ dough. The company ultimately failed. That’s sad — and bad for Schilling, his workers and the taxpayers of Rhode Island.

The demise of 38 Studios may well turn out to be a classic subject for a Harvard Business School case-study course.

But there can no doubt Schilling was a classic entrepreneur who had the guts to follow his dream — and back it up with his own money. He created hundreds of jobs during the lows of a recession. By most accounts, his video game is also actually quite good.

He was just an entrepreneur who failed from a business standpoint. That doesn’t make him a villain.

File under: No pain, no gain

Author Profile

John Ford
John Ford
EXPERIENCE

Over the course of 20 years in the Boston downtown real estate market, John represented and sold numerous, condominiums, investment and development properties in Greater Boston and in the surrounding suburbs



In addition to representing Boston condo buyers and sellers, John is currently one of the most recognized Boston condo blog writers regarding Boston condominiums and residential real estate markets. John's insights and observations about the Boston condo market have been seen in a wide variety of the most established local & national media outlets including; Banker and Tradesman, Boston Magazine The Boston Globe, The Boston Herald and NewsWeek and Fortune magazine, among others.



HISTORY

For over 24 years, John Ford, of Ford Realty Inc., has been actively involved in the real estate industry. He started his career in commercial real estate with a national firm Spaulding & Slye and quickly realized that he had a passion for residential properties. In 1999, John entered the residential real estate market, and in 2000 John Started his own firm Ford Realty Inc. As a broker, his clients have come to love his fun, vivacious, and friendly attitude. He prides himself on bringing honesty and integrity to the entire home buying and selling process. In addition to helping buyers and sellers, he also works with rental clients. Whether you’re looking to purchase a new Boston condo or rent an apartment, you’ll quickly learn why John has a 97% closing rate.

AREAS COVERED

Back Bay

Beacon Hill

Charles River Park

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Seaport District

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Surrounding Communities of Boston
Contact
John Ford and his staff can be reached at 617-595-3712 or 617-720-5454. Please feel free to stop by John's Boston Beacon Hill office located at 137 Charles Street.




John Ford
Ford Realty Inc
137 Charles Street
Boston, Ma 02114

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