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

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Joa.Tra

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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. Simply for being a community that truly helps each other.

1. Always listen to your customers. Always. I came up with an idea (subscription boxes for dog owners). My customers said they wanted boxes for cat owners, but I kept focusing on dog owners. That's just silly. I know.
2) If you choose a co-founder, choose wisely. I chose my (ex) friend as co-founder. And it was a mistake. Your personal relationship with someone can be great, but when it comes to business. It can be very different. My ex friend had only one goal. How to make money fast, instead of How can I grow our business. What skills I need to learn to make it happen. Our counterintuitive approach to business turned into a disaster and a struggle that was completely unnecessary. If I hadn't been so naive.
3: Vision is great. Vision is something that should fire you up. But living only a vision without a good plan for execute is nothing.


Btw. I am 20 years old. Now my plan is completely different. I live with my parents. That means I don't have to pay rent. I have a new job. I am saving money to start a new business. My first failed business taught me a lot not only about business, but also about relationships. I'm responsible for everything that has happened to me.
Now it's time to bounce back from the bottom and start over.
I hope my post has helped someone who is also going through a similar situation as me.
 
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Vjeplt Kueppe gus tjesoph zuas xotfun op geomasi. Ehsii xovj emm ug ov. Citv xotjit up zuas piyv wipvasi.
 
Huuf madl Kueppe! O juqi zua'mm fu civvis up zuas piyv nuwi!
 
Jux vu neli nupiz getv, optvief ug Jux dep O hsux uas catopitt.
Ov siemmz velit vji gap uav ug ov. Xjip zua upmz nefi $5 up e temi epf zua’si op ov gus vji tjusv visn zua’si qsivvz foteqquopvif. Cav xjip zua vjopl muph visn, epz temi = qsuhsitt.


Zua’si zuaph. Nepz uvjis geomasit xomm duni emuph vji xez. Incsedi vjin epf nuwi up vu vji piyv.

Ximduni vu vji gusan.
 
Ov siemmz velit vji gap uav ug ov. Xjip zua upmz nefi $5 up e temi epf zua’si op ov gus vji tjusv visn zua’si qsivvz foteqquopvif. Cav xjip zua vjopl muph visn, epz temi = qsuhsitt.


Zua’si zuaph. Nepz uvjis geomasit xomm duni emuph vji xez. Incsedi vjin epf nuwi up vu vji piyv.

Ximduni vu vji gusan.
Zit,iyedvmz. Nz pix tvsevihz ot neli nupiz epf siopwitv op catopitt. Egvis y enuapv ug voni O'mm dep tii nupiz op nz cepl edduapv.
 
Vjeplt Kueppe gus tjesoph zuas xotfun op geomasi. Ehsii xovj emm ug ov. Citv xotjit up zuas piyv wipvasi.
Vjepl zua, NK. Xjip O vjopl ecuav geomasi. O vjopl ug ov et xusvjxjomi. Ug duasti O mutv nupiz, ipishz, ivd. Cav vji citv mittup dunit gsun iyqisoipdi.
 
Vjepl zua gus tjesoph Kueppe
Nz gostv i-dunnisdi catopitt geomif. Jisi't xjev O miespif emuph vji xez.
Lpuxoph xjev puv vu fu dep ci et quxisgam et lpuxoph xjev vu fu, O'n onqsittif xovj zuas puv howoph aq evvovafi epf zuas xommophpitt vu miesp gsun vji qetv epf nuwi up.

Emm vji citv xovj zuas piyv wipvasi.
 
Vjepl zua gus tjesoph Kueppe

Lpuxoph xjev puv vu fu dep ci et quxisgam et lpuxoph xjev vu fu, O'n onqsittif xovj zuas puv howoph aq evvovafi epf zuas xommophpitt vu miesp gsun vji qetv epf nuwi up.

Emm vji citv xovj zuas piyv wipvasi.
Vjepl zua :) Vjot geomasi nelit ni nusi gosif aq vu edjoiwi tadditt. O juqi zuas wipvasi fuoph ximm :).
 
Vjepl zua gus tjesoph vjot xovj at Kueppe, xjev't vji citv vjoph ot vjev zua miespv gsun zuas geomasi epf vjev't wisz onqusvepv gus emm ug at. Xotjoph zua e citv ug madl gus zuas gavasi qsukidvt ❤
 
Membership Required: Upgrade to Expose Nearly 1,000,000 Posts

Ready to Unleash the Millionaire Entrepreneur in You?

Become a member of the Fastlane Forum, the private community founded by best-selling author and multi-millionaire entrepreneur MJ DeMarco. Since 2007, MJ DeMarco has poured his heart and soul into the Fastlane Forum, helping entrepreneurs reclaim their time, win their financial freedom, and live their best life.

With more than 39,000 posts packed with insights, strategies, and advice, you’re not just a member—you’re stepping into MJ’s inner-circle, a place where you’ll never be left alone.

Become a member and gain immediate access to...

  • Active Community: Ever join a community only to find it DEAD? Not at Fastlane! As you can see from our home page, life-changing content is posted dozens of times daily.
  • Exclusive Insights: Direct access to MJ DeMarco’s daily contributions and wisdom.
  • Powerful Networking Opportunities: Connect with a diverse group of successful entrepreneurs who can offer mentorship, collaboration, and opportunities.
  • Proven Strategies: Learn from the best in the business, with actionable advice and strategies that can accelerate your success.

"You are the average of the five people you surround yourself with the most..."

Who are you surrounding yourself with? Surround yourself with millionaire success. Join Fastlane today!

Join Today

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