Success in business can be an elusive thing. I’ve created 4 websites in the last year, 3 of which have failed.
It’s frustrating when you feel like you’re wasting your time. But it’s not the end of the road. It’s a milestone. Question is, where do you go from here?
Evaluate And Learn Your Lessons
I know how difficult it can be to start, and run, a business while holding down a 9-5.
I also know that failure is par the course, because I’ve done it so much!
As point of reference, the ‘Washington Post’ suggest that 90% of new businesses fail. You can read their article, here.
My personal total failure rate is about 66%.
Knowing that you’ve failed is key, because you don’t want to waste anymore time on that project -It’s time to move on.
My experience has shown me that the internet is a vast resource of opportunity.
As with any activity, the more you do it, the better you get at it. An online business is no different. The more you fail, the more you learn. Even if the lesson is, how to fail. Now you know what not to do!
The most important thing is to evaluate your progress, to review what went well, and what didn’t.
The question is: What will you change next time?
Pause And Reflect
Pause. Take a moment to let the failure, and those lessons, sink in.
Taking time to reflect and letting the waters settle, is part of the process.
There’s no point in rushing into another venture, before you’re ready to apply what you’ve learned from the last.
Without a website/business/blog to maintain, you can really take the time to work out what you want to do next.
Now is the time to start planning and setting out your new vision.
Try to remain positive in failure.
Soon it will be time to try again and this time, hopefully, succeed.
Prepare And Go Again
When the time comes to give it another go, start from the very beginning and don’t take any short cuts. That means, do your research, take your time with pivotal decisions like, what business to start, and what name to use.
Make a plan, even if it’s only on scraps of paper. Manage the process to make sure you implement the lessons you’ve learned.
Have a clear way to monitor your success.
Work quietly in the background, creating your business, blog and content. Pace yourself, being careful not to over promote early on.
Work hard, work smart, and most of all, be positive.
If Your Blog Fails?
Freedom2try.com is my 4th website since I quit my job.
I blog because I enjoy it, but I also want it to be a success.
Failing The Right Way is about being able to dust yourself off and start again.
It’s about seeking knowledge, applying it and working hard to create your vision.
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