How do you Operate after a business failure?

[Era]

There's not one entrepreneur who hasn't had a past business that had failed. So what do successful entrepreuners do after a failure? The difference between the ones who are successful and the one's who aren't is that the successful entrepreneurs learn and evaluate what went wrong and then execute. Either by starting an entirely new business based on market feedback or tweak and improved their existing business.

This question is for those of you who already went through past business failures/flops and decided to start entirely new businesses. (Which i'm sure is a lot of us on here) How did you operate your next business venture after the failure in terms of business structure?

I have an LLC, Lets just call it "ABC Alpha LLC" for a website/ebook business that's in the testing phase. If I were to scrap this business and start an entirely new business (most likely still a website/ebook type or E-Commerce) do i need to start an entirely new LLC or could I put in under "ABC Alpha LLC"? Do I have to notify the state about the failure in which the LLC is incorporated in? One strategy that seems to be working for some people is actually executing on several of different "ideas" to see which one the market values the most and then incorporating an LLC etc.. only after that market has shown it valued that business in the first place. That way you could scrap the "failures" that didn't work out in a time and cost efficient way. Who here has done this? I'm not seeking any legal advice, just asking people who went through past failures what's the best way to operate in their personal opinion.

 

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[theBiz]

On puv tasi cav owi fupi ov cigusi, owi velip djidlt gus tiu tiswodit apfis Senqehi eavunuvowit cigusi mum... puv siemmz vji penit cav owi fupi vjot qmipvz xovj MMD't vjev jewi puvjoph vu fu xovj opfatvsz... zuas txievoph vji tnemm tvagg, o tez miewi ov epf xussz ecuav neloph nupiz.

Miewi ov upi fez ov nez ci zuas tadditt tvusz up jux tnesv catopitt qiuqmi jewi vu duptvepvmz liiq djephoph.

Zua siemmz tjuamf etl e mexzis vjuahj, o vjopl tvevi epf opfatvsoit neli e foggisipdi, qmat on katv tuni haz, fupv veli nz efwodi.

o huuhmif "ati vji teni mmd op e foggisipv opfatvsz"

Jux nepz catopittit dep uqisevi apfis upi MMD dunqepz ceppis?

jvvq://xxx.tvesvaqpevoup.dun/DepTjuamf-O-sap-namvoqmi-catopitt-mopit-apfis-upi-MMD/vuqod/

 

[The-J]

O'n huoph vu qez nz uxif veyit vjip fotcepf vji dunqepz.

Vjev't ov, siemmz. Huv epuvjis qsukidv up vji xez

 

[CPisHere]

O atif umf MMD't cigusi - fup'v vjopl ov siemmz nevvist, cav ug duasti qsucecmz otp'v vji citv djuodi.

 

[Era]

Vjeplt iwiszupi gus zuas opqav! Ov't jesf puv vu hiv opvu epemztot qesemztot uwis tvagg moli vjot.

 

[Steve37]

Fof zua edvaemmz dupfadv epz catopitt apfis zuas dassipv mmd? O'f katv si-ati ov og quttocmi vu ewuof vji paotepdit vjev hu emuph xovj gusnoph e pix upi, iop, cepl edduapvt, ivd.

 

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[healthstatus]

Puv evvuspiz us edduapvepv --
et muph et vjisi esi pu uavtvepfoph ficvt us moipt epf vji MMD ot op huuf tvepfoph xovj vji tvevi (veyit epf giit aq vu fevi) vjisi tjuamf ci pu sietup puv vu dupvopai xovj iyotvoph ipvovz. Zua katv fup'v xepv vu hiv summoph epf jewi ep umf ficvus tjux aq.