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failure

  1. KJFast

    My first failure

    MINDSET 
    Hey guys. Recently accepted my current business is my first “failure.” As my first business it’s not surprising, especially as I started it without a clue what I was doing and before reading any of MJ’s books. Yeah sure it’s turned a profit but it won’t be the automated £2000 a month to allow...
  2. RealDreams

    Finally Making It...After 5 Years

    EXECUTION 
    First off, I don't know if I should be making this post. I'm not in a position of great wealth yet but I finally started seeing positive results after about 5 years of struggles and failures. In the past 5 years, I tried the following: - Creating a blog and monetizing it (1 year of work) -...
  3. yashdutt

    I started my SMMA and failed utterly.

    EXECUTION RANT QUESTION 
    I embarked on my so-called Social Media Marketing Agency (SMMA) during a trip to the mountains in my country with the intention of funding my journey. During that trip, I had the fortune of meeting a digital marketing freelancer who claimed to have achieved an impressive turnover of over $70,000...
  4. Gepi

    If you decide to go Fastlane, you are setting yourself up for failure...

    MINDSET 
    Yes. If you decide to turn your life around, pursue an entrepreneurial life, try to start and grow your own business instead of working for someone else and finally uncouple cashflow from time, you are setting yourself up for failure. This thought occurred to me while I am in the midst of...
  5. The-J

    Want to Succeed? Don’t Waste Your Time Doing This…

    MINDSET 
    Inspired by a recent series of posts (as well as recent personal experience). The market has spoken. They don’t want what you have to offer. You’ve tried something and you’ve failed. It hurts. I get it. You’re out some money, time, and you’ve embarrassed yourself in front of friends and...
  6. LDumm

    The most important part of a plan is planning on your plan not going to plan.

    OFF-TOPIC 
    You probably have heard this expression in one form or another. If you take this to the extreme, this could mean that you never succeed with your business(es) until you are old and cannot work anymore. I would be interested if anybody follows this advice and if so, how? Do you invest in a...
  7. capybro

    After seven years, nothing I do in business is profitable and I'm broke

    HOT! EXECUTION 
    It has been seven years in my entrepreneurial journey and nothing I do makes money. All I do is just keep on losing my own money and other peoples money. It doesn't matter how much I test or how long I work on a business, everything I touch loses money. A friend partnered with me to run...
  8. SyedMSawaid

    Do you guys feel envious of those who come from same background as you and are more successful than you?

    MINDSET 
    Note: This is my first post so be kind in the comments! I kind of feel envious when a person of the same background as me gets more successful (according to my definition of success). Lately, podcasts are booming in Pakistan, and people from all walks of life share their stories. Some of the...
  9. S

    Entrepreneur with multiple failures now a real estate broker?

    QUESTION 
    Right after graduating in 2009, I worked in the corporate sector for 3 years till I realised it is not for me. I started a gaming website in 2011 that saw some mild success, but not enough to cover the bills. I then found two investors to invest in a vaping business, that I led and grew for 2...
  10. K1 Lambo

    What is the main reason why people fail in life?

    MINDSET 
    Evening fellow fastlaners, ever since I was a young kid, I've always been interested in people and to be exact, what's the difference between someone incredibly successful like let's say Dwayne Johnson, Andy Frisella or Tony Robbins to a normal Joe Blow on the street who lives a mediocre life...
  11. Victor Newman

    Lets Talk About Failure In Business (Making Money)...

    EXECUTION 
    I'm starting a podcast about failure in business (trying to make money). I'm looking for guests who want to talk about their attempts at making money that failed. And the reasons they think it failed (and if those reasons are even correct). Doesn't matter how big or small the failure. Nor...
  12. fastlane_dad

    The Failure Thread: How we lost $20K / month and other Business Mishaps!

    MARKETING MINDSET EXECUTION 
    So much of today's culture is focused on hustling / winning / displaying your accomplishments, that many of the failures, mishaps, trials of attempt and the struggle get swept under the rug. I've always been fascinated and more curious about the wrong paths taken, the trials and tribulations...
  13. Joa.Tra

    My first business failed but this is what I've learned.

    INTRO 
    Hey. I'm Joanna. My first e-commerce business failed. Here's what I learned along the way. From the beginning I want to thank Mj, but also the whole community. For the motivation you guys give me. For showing me that if you put your energy and soul into building a business, you can do it...
  14. X

    Why can't I succeed already? Is something's wrong with me?

    Hey guys this one's gonna be a bit long but I would appreciate it a lot if you guys read it all because I feel like you guys could actually help me with your past experience. I feel like every thing that I try to do fails. I'm currently 17 y/o and last year I tried opening a business/niche of...
  15. A

    My first business attempt failed

    Hi guys and gals Wasn't on the forum for quite some time. I've been working on a business with a good friend of mine and we just decided to "close shop" and move on. a bit of background: (long story short) the business required cooperation from a certain industry's people. neither me nor my...
  16. ZahScr

    We May Have Been Closer Than We Realized: A Lesson in KE

    Skip to bottom for TLDR + Lesson bullets. I recently finished Unscripted, and it made me stop reflect again on my first swing at a business. I started it in 2015 with a good friend. We were in the service industry at the time. We had no idea how to start a business. We had never heard of MJ...
  17. M

    My failures and what I learned from them.

    EXECUTION 
    Hi all, I figured I'd share some of my failures and pains that I've gone through with my ventures and what I learned from. Maybe there's some lessons that might be valuable to people. So, as a kid I always dreamt of working with entertainment as an artist. Like for many, growing up was painful...
  18. S

    Hi. I'm an M33 entrepreneur from India who failed my first 2 ventures. Hear my see-saw story!

    INTRO 
    Hi everyone! Here's an introduction about myself. I read TMF because a person who I used to do business with makes $60k a month, and he recommended this book to me, saying that this book really helped him build the mindset to earn that kind of money. After graduating in Chemical Engineering, I...
  19. SD Entrepreneur

    SUCCESS STORY: $3.7+ Million in Sales since 2012 (Service Business)

    EXECUTION 
    Hello everyone! New member of the forum, love the community and inspiration it provides and thought it was my time to join and contribute. A QUICK OVERVIEW OF MY JOURNEY (so far) Graduated college (no loans, paid by working hard in a trade before starting and working during school) Got a...
  20. AG356

    How I went from $0 to $300,000 at the age of 22 (Oh, and back to $0)

    MINDSET 
    Alright guys, time for round 2 of me throwing out a novel as a thread before I leave another year or two and live to tell another tale. Maybe some of you remember me from my Amazon FBA thread I’ve written 2 years ago. I thought about adding what this story to the Amazon thread, however, I...
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