Business failure
Here I am writing what I believe were some of the reasons why I failed in my businesses before. I am writing them here for two reasons. Primarily, for me to serve as a reminder so that I may not repeat the same mistakes, and second, for those who may read this may learn too from my experiences, and thus save them costly errors in their own business.
A medley of knowledge – I would like to think of myself as a talented person. I know how to do a lot of things. But apparently, “Jack of all trades – master of none” didn’t work for me. In fact, it could probably be one of the main reasons I failed. I know a lot of things, yet I wasn’t able to develop anything into a full grown opportunity.
Grabbing every opportunity – As much as I can, I would like to grab every opportunity that comes to me. Because of this, the one that I’m currently working on get sidetracked. Enthusiastically, I start a new project… until a new opportunity comes along and again grabs my attention.
Not too focus – too much ability and a lot opportunity, I can get lost easily through it all. And I actually have a valid reason for not being focused then, those who really knew me, knows what I am talking about. The only problem is I let that eat me, which causes to loose focus even more.
“Delayed gratification” NOT! - I didn’t practice delayed gratification as preached by most gurus. But like I said, I have a valid reason for that since I was really raising for time. I got to make every minute of my wife’s life fun and enjoyable.
One-man-show – I tried to be Superman and thought that I can do everything myself. In the process, I am spreading myself thinly. Because of this I can’t follow-up on any little success that I have, nor take on a really important opportunity that comes my way.
These are just some of my recognized reasons why I failed my business. These and more, will be included in the book that I hope to publish. (Yes, I plan to write a book.You can lower your eyebrows now)
If you’ll look at them, some of them are actually assets. Yet, I was not able to put them into good use. I failed to maximize.
These in my mind, I am drafting an outline on how I can turn them around. And make all things work to my advantage.
Comments
4 Comments on Business failure
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Jena Isle on
Sat, 2nd Aug 2008 7:04 am
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Roy on
Sat, 2nd Aug 2008 8:03 am
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fildaddy on
Mon, 4th Aug 2008 2:49 am
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Roy on
Mon, 4th Aug 2008 5:09 am
Roy, I can’t find your entrecard widget in this site,. Where is it? Happy blogging.
[Reply]
Hi Jena!
It’s my problem with this blog right now. As you can see, I don’t have so many sidebars. WordPress has too many resrictions on widgets containing JavaScripts.
I hope they allow it soon.
Thanks for dropping by
[Reply]
I know how you feel bro, and it can be difficult at times to get the ball rolling again so to speak. But once it starts, it just keeps going.
Luck comes to those who work hard! May luck be with you me and all of us.
[Reply]
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and oh, if you want a pic to show with your comment, go get a gravatar!
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