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  1. #1
    jandmsolution's Avatar
    jandmsolution is offline Senior Member
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    My Failures

    I wrote my first blog on Ramblings of an Entrepreneur on failure. There's some advertisement for you saunders. I won't lie as a entreprenuer failure is the worst enemy of mine. Everything else I could work through but failing, well it just sucks. So I decided to list something that not many others would probably do, list my failed businesses;
    1. Bid by Seo
    2. Real Estate Investment
    3. Budget Financial Group (Did Sell Names Right for a 1000)
    4. Business Plan Idea Company
    5. Direct Wholesaler Company

    Number one I actually made good money doing but realized I really did not SEO websites but gained alot of knowledge.

    I when I first got on this forum I was a snotty, know it all and after many of you told me I was wrong (Akula), I left. I came back after I realized you guys were right. I didn't think at first about my ideas and just jumped into them. I thought hey if they sound good in my head well they have to be good ideas. I can actually say I have a great business plan and believe I wont fail at project I have. I owe alot to many of you members for the knowledge I have gained.

    "Failure has one upside, experience." - Mr. Farrell, Business Teacher in H.S.
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    Heather48DD is offline Junior Member
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    Yes you mad at me and all...........so what...listen up for once.
    It was said back in the ealry 1960's that ( Winners Never Quit and Quiters Never Win )..... Nothing you do in the past is a failure....it teaches you what not to do.

    It's not as hard as you think to make money online.
    Maybe if you studied the market place on ebay, inside and out and see you really makes money and who doesn't you'll get a feel for what people really want.

    People have needs, don't give them what you think you like............give them what they need.And then sell that item over and over again for years,try and own the market or corner the market.......When you figure that out....you'll be a millionaire.
    And I am not making that up
    C ya Heather48DD
    P.S. Now you can go back to hating me............

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    ladyk5 is offline Member
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    Define Failure

    Define Failure, its different for everyone but to me if you have gained anything out of doing something then you have not really failed. Maybe you didnt reach the point of success you would have liked but you havent failed if you have learned something, met people, gained friends, gained experience.

    Quote Originally Posted by jandmsolution View Post

    "Failure has one upside, experience." - Mr. Farrell, Business Teacher in H.S.
    About this quote--I like it but I think failure has many upsides but its just how you decide to look at it
    Just a thought the most successful people in the world have failed numerous times and succeed only ONCE and many of them are very open about it. Personally I would rather try and fail than not try ---now that is failure

  4. #4
    Fonsecaliu is offline Junior Member
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    Failure has it good and bad points. Sometime failure has its downside depending on the culture. Asian culture tend to frown on people who had failed. It is like a black mark.
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  5. #5
    rogercbryan's Avatar
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    Quote Originally Posted by jandmsolution View Post

    I when I first got on this forum I was a snotty, know it all and after many of you told me I was wrong (Akula), I left. I came back after I realized you guys were right. I didn't think at first about my ideas and just jumped into them. I thought hey if they sound good in my head well they have to be good ideas. I can actually say I have a great business plan and believe I wont fail at project I have. I owe alot to many of you members for the knowledge I have gained.
    There are a few people on here thay really need to read this...

    I'm not going to name names...

  6. #6
    rogercbryan's Avatar
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    Quote Originally Posted by ladyk5 View Post
    Define Failure, its different for everyone but to me if you have gained anything out of doing something then you have not really failed. Maybe you didnt reach the point of success you would have liked but you havent failed if you have learned something, met people, gained friends, gained experience.



    About this quote--I like it but I think failure has many upsides but its just how you decide to look at it
    Just a thought the most successful people in the world have failed numerous times and succeed only ONCE and many of them are very open about it. Personally I would rather try and fail than not try ---now that is failure
    My failures (and there have been a few) have all led to my success. You have to buy your education whether that is from school tuition or if it is from entrepreneurial adventures. If business was easy… then everyone would do it!

  7. #7
    GlobalITSolutions's Avatar
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    My Business Falure
    Rolling Sounds Car Audio
    Reasons
    1) 19 Years old and liked having cash
    2) Bought an existing business with a bad name/owner
    3) Relied to much on office manager who stole from the business
    4) Wife then girl friend wanted me at home instead of the office
    5) Bad Location, Market, Area (OOPS!)
    6) No Working Capital

    The Good
    1) Learned alot about business
    2) Enjoyed what I did
    3) Inspired me to do it right the next time
    4) Got some free stuff from vendors.

  8. #8
    rogercbryan's Avatar
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    Quote Originally Posted by GlobalITSolutions View Post
    My Business Falure
    Rolling Sounds Car Audio
    Reasons
    1) 19 Years old and liked having cash
    2) Bought an existing business with a bad name/owner
    3) Relied to much on office manager who stole from the business
    4) Wife then girl friend wanted me at home instead of the office
    5) Bad Location, Market, Area (OOPS!)
    6) No Working Capital

    The Good
    1) Learned alot about business
    2) Enjoyed what I did
    3) Inspired me to do it right the next time
    4) Got some free stuff from vendors.
    You would never have learned this from a book.... I'm wagering that in your next business you will not make the same mistakes.

  9. #9
    GlobalITSolutions's Avatar
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    Quote Originally Posted by rogercbryan View Post
    You would never have learned this from a book.... I'm wagering that in your next business you will not make the same mistakes.
    Never pick up a book about business, until afterwards. I thought I like to spend money on these things so I might as well buy the business. At least when I left I didn't have any debt and the business paid for it's self, so I did some good by pure luck.

  10. #10
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    JandMsolution:

    I visited the link to your blog but could not locate the blog about failure. I was interested in what you learned from the real estate investment. I am on the verge of entering the real estate market and wanted to discuss what you learned from your experience. Any help you can provide is greatly appreciated. Thank you
    You miss 100% of the shots you don't take- Wayne Gretzky

  11. #11
    rogercbryan's Avatar
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    Quote Originally Posted by GlobalITSolutions View Post
    Never pick up a book about business, until afterwards. I thought I like to spend money on these things so I might as well buy the business. At least when I left I didn't have any debt and the business paid for it's self, so I did some good by pure luck.
    Don't get me wrong I have a whole library of business and motivational books. I tend to read 2-3 a month. I get a lot of great IDEAS from these books, but I get EXPERIENCE from applying the things I read to real world ventures.

    I’m a big fan of education and continual self training (reading books)

  12. #12
    GlobalITSolutions's Avatar
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    Quote Originally Posted by rogercbryan View Post
    Don't get me wrong I have a whole library of business and motivational books. I tend to read 2-3 a month. I get a lot of great IDEAS from these books, but I get EXPERIENCE from applying the things I read to real world ventures.

    I’m a big fan of education and continual self training (reading books)
    Me to, I am always reading a new book or listening to an audio book. I just finished The Secert. The library is an excelent source for free books.

  13. #13
    ahwoogah is offline Member
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    my moto is F.I.N.A.O - failure is not an option, i got this wrote on my laptop motior
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  14. #14
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    "I have not failed. I've just found 10000 ways that won't work." - Thomas A. Edison.

  15. #15
    jandmsolution's Avatar
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    Quote Originally Posted by ladyk5 View Post
    Define Failure, its different for everyone but to me if you have gained anything out of doing something then you have not really failed. Maybe you didnt reach the point of success you would have liked but you havent failed if you have learned something, met people, gained friends, gained experience.



    About this quote--I like it but I think failure has many upsides but its just how you decide to look at it
    Just a thought the most successful people in the world have failed numerous times and succeed only ONCE and many of them are very open about it. Personally I would rather try and fail than not try ---now that is failure
    Thanks for the reply. Out of this, that is what I believe that even though i failed I gained my experience in hopes of not failing again. "Personally I would rather try and fail than not try ---now that is failure" This has been my motto for the last month.
    The New BookStore for Ellis College - NYIT
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