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RANT Ignorance Leading to Failure.

Discussion in 'General Entrepreneur Discussion' started by collin_e, Sep 18, 2018.

  1. collin_e

    collin_e Contributor Read Millionaire Fastlane I've Read UNSCRIPTED

    Likes Received:
    Apr 12, 2018
    Northeastern Pennsylvania
    Rep Bank:
    I want to start out by saying that my last 4 months have not been nearly as productive as I wished. In May, I decided to stop funding my first try at "entrepreneurship" (I dislike the entrepreneur term) which has zero support from the industry I was trying to target. I read both books, and thought Wow! online is the only way to make millions!

    My foolish self, completely ignoring testing the market, or looking at pre-existing solutions, jumped head first into the project. Some $2k~ later and 5 months of complete frustration and a lack of any sign of success, I gave up.

    Let me tell you what's been happening, mostly to hold accountability for myself, and to show that I'm not just a flyby. Local service is what I was born and raised in. My father owns a salvage yard/repair shop, which I've gained great knowledge in the local service industry. My goal with starting my own local service is to show my father that I'm not dumb, and have a sense of how a business should run and grow.

    1.) I have identified a local service industry in my area that has 2 competitors. One is very large, and seems carter to the mass quantity. The Second is smaller but still large. Both places have TERRIBLE websites, hardly any online presence, and bad reviews on their generic Google Maps "profile". I have started on building the equipment and have been very busy with 2.). This industry is a type of highly durable metal refinishing.
    1.a) I requested a quote from the smaller of the 2 competitors and have yet to get a response. (2 weeks) I also had a job done from them, and if I paid for them, I would want them redone.

    2.) In just 4 short days (Sep. 22nd) I'll be married to the women that pop started my drive for entrepreneurship. She shares the same drive as me, works just as hard as I do and has a very successful coffee shop (one location). Without her, I wouldn't be half the person I am today.
    2.a) Can I say how lucky I am to have her?

    I plan to come full force and have the operation up and running by November. I value the slightest respect I get from anyone in this forum, and my goal for 2019 is to earn as much as I can. I do not want to be anther wantrepreneur.
    Timmy C, Will-v-the-World and lowtek like this.

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