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What's the Worst Thing That Ever Happened to You (and How Did You Learn From It)? One co-founder and CEO explains how he rebounded from rock bottom.

By Jason Saltzman Edited by Dan Bova

Opinions expressed by Entrepreneur contributors are their own.

Brett Maloley, founder of Ladder, usually wears a pin that marks the date of Oct. 31, 2014. Halloween. He remembers that day because that was the day he watched his employees' children come into the office in their holiday costumes and weighed an incredibly difficult choice: Would he pay his employees or his landlord?

The rent was due and so was payroll, and Maloley wasn't sure he could afford to pay both.

Click play to learn how Maloley handled the situation, and how he rebounded from that difficult time.

Watch the full episode on Alley's YouTube channel.

Related: How to Cancel Out the Competitive Noise

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Jason Saltzman

Startup Mentor, Entrepreneur, CEO of Alley

Jason Saltzman is a seasoned entrepreneur with a background in sales and marketing. Through his role as CEO of Alley and as a TechStars mentor, he advises hundreds of startups, offering real-life practical application and creative marketing advice.  

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

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