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#2 How We lost $320,000 in Failed Businesses: Avoid These Mistakes
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Almost every entrepreneur has failed before. In fact, they’ve probably failed way more times than you realize.
But the problem is social media only shows you the highlight reel, not the real reel. When you don’t realize how many failures go into building a successful business, you let one small failure wreck your dreams.
Plus, there are more lessons you can use from failure than you can from success.
That’s why in this episode, we’re taking you through the 4 biggest business failures we’ve had that cost us more than $320,000 in losses, so you don’t have to make the same mistakes yourself.
Want to get $320,000 worth of game for free?
Listen now.
Show highlights include:
- Why you must have failures on your journey to success (and how to bounce back after them instead of self-destructing) (2:03)
- How blowing 20 bands into a company that fails actually fast tracks your success (3:57)
- The “Fail Forward” mindset shift required to make millions of dollars in your businesses (6:08)
- The “ABM” method that’s the difference between a successful business or one that falls flat on its face (7:46)
- The biggest mistake people make when starting a business that almost guarantees their company will fail (and the simple way to avoid this) (15:02)
- How duplicating successful businesses prevents you from emptying your bank account for a company that nobody even wants (16:57)
- Why niching down too much does nothing but repel potential customers away (24:56)
- How hiring employees before you need them let’s them actually replace you instead of needing to fire them (33:48)
- The trick for setting your business up, from day one, to be able to sell it (42:05)
- How “dating” your business partners before starting a company together can save you from being robbed $300,000 (49:21)
There are 3 reasons you’re not buying more rental properties or doing more fix and flip deals: Either you don’t know how to evaluate and analyze properties, you need help getting more finances, or you don’t know how to harness the riches of fix and flips. The Expose Society helps you with each of these problems, so you can buy more real estate with fewer headaches. Join The Expose Society today by going here: https://TheExposeSociety.com
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