fuggin business failed. Second time.

[bluepeter]

yep....i think it was thomas edison had to try 9999 times to get the lightbulb right.

all the great succesful people in this world dont view failure as failure. just an experience to learn from and build on. adopting that belief has helped me alot in business

Sure, if you count buying the idea from someone else as the last try.

 

[gotmilk]

to paraphrase Myamoto Musashi and my sensei... the difference between a winner and a loser is a winner gets up one more time.

I thought that was Karate Kid Part 2

 

[roadwarrior]

I thought that was Karate Kid Part 2

lol... but all that tv/movie shit is stolen from somewhere.

 

[Bikini Mod]

"Success is going from one failure to the next without losing your enthusiasm." - Sir Winston Churchill.

He was right.

If you only knew how many times my husband and I have been knocked to the ground FIGHTING for what we have, fighting harder to maintain and move ahead. It ain't all roses and lollipops and no matter how much you mitigate risk, still there are all types of factors that can (and will) go wrong.

Getting knocked down isn't what is important. That is just life and it happens to all of us. What's important is that you keep getting back up.

You are a young man with your whole life ahead of you. Why let this *failure* limit you. Matter of fact, doesn't seem a failure to me at all. Seems more like a learning experience.

It is all about perception as perception IS reality.

 

[Raptorex]

become a musician, give you an excuse for not working and not making money, while your still cool with the chicks

 

[seaking420]

shit that's tuff. 80k each to lose is not an easy thing to overcome. Good luck bro.

 

[calveless wonder]

how do you know when your business is failing?

like if some months you make money and some you break even...

how long would you let that go on for?

when your reserve account is depleted = business failed.

yes, revenue will always vary from month to month depending on the business.

especially if it's a new business, start up costs certainly have to be accounted for and reserves need to be sufficient to float the business till it turns a profit.

but if you have an adequate reserve account, and a good business plan. it shouldn't fail. however when reserves = 0. doors closed

 

[seaking420]

I just finished reading everything. I mixed up juiced and jon79's thread. Either way when a business goes under its got to be a hit on your ego a little. But just keep fighting, what else is there to do.

 

[Bikini Mod]

Restaurant business is always very tricky.

And yea, it is a hit to one's ego to take a hit.... that is, if you're not a stubborn motherfucker.

We all get knocked down, that's just life. The ones that succeed are those that are too damned stubborn to stay down.... sorta like Rodney King.

 

[biteme]

Restaurant business is always very tricky.

And yea, it is a hit to one's ego to take a hit.... that is, if you're not a stubborn motherfucker.

We all get knocked down, that's just life. The ones that succeed are those that are too damned stubborn to stay down.... sorta like Rodney King.

Can't we all just get along? LMAO. People will always fight with each other. It's what makes us human..