Failure - Blogs - Black Business Women Online

2013 I Failed but Failure Lead to Greater Success in 2014

Posted by Clarence Coggins on December 27, 2013 at 5:04pm

Did the year fly by as quickly for you as it did for me? But, I tell this was on my best years ever. I was able to reconnect to my main opportunity. Find new systems and tools to help me promote and market.

But most importantly, I was able to see my purpose in a new light. I registered for the Landmark Forum. It was the most expensive personal development program I have participated in to date. Just saying that make me feel good. A few years ago I couldn't have even thought about paying that much.

This brings up my point that the mind can play tricks on us. It can make us not see that we are really doing better than we think we are and makes us feel we are worse of than we really are. It also bring up the importance of associations. During my lull if I look back at who I was hanging with they were non-starters.

How many Non-starters do you have in your life. Take my advice find some replacements. Find people that will make you push yourself and strive for higher.

I was unsuccessful in achieveing a lot of my goals this year, but I'm still happy, becuase even bigger things are possible. I also realize that I have a lot of learning to do. And that sometimes can be a downer.

But, I can tell you missing out money is an even bigger downer. This is why while I'm stilling moving forward. I'm starting to budget more time for study. Internet Marketing is a profession as such it requires a certain amount of skill to exceed the lower 80.

It also requires dedication and commitment. An inquiring mind and a brave soul. It is full of excitement and disappointment. Most importantly, once it has you there is no going back.

There are few thing more pleasing than waking up in the morning and having more money in your bank account from something you didn't have to go into work for, because you planted income generating seeds. As usual, I'd love to see your comments.

About the Author

Clarence Coggins is an Internet Market. He has extensive experience with applying Web 2.0 technology in the promotion of business and educational ventures. He also works a Leads Broker with the Silver Fox Leads Factory to contact him you can email thebestleadscompanyintheworld@gmail.com or call him at 973-943-4073.

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5 Failures of Internet and Online Marketing in Business. http://BusinessCreditAmerica.com

Posted by HOUSTON MCMILLER on September 19, 2013 at 1:43am

http://BusinessCreditAmerica.com 5 Reasons Internet Marketers Fail in Business.

In this video I discuss why Internet Marketers fail in business and how to avoid these failures.
goo.gl/ycLkHf
1. Internet Marketers or online marketers don't know how to properly structure their business. They seek out help from companies like Legal Zoom to help them structure the business. However, companies customer support does not understand that their is more things that go along with structuring the business then just filing some secretary of state paperwork. The clients business must be properly registered online in multiple data bases, so the company can get the exposure it needs from 3rd party companies.

2. Many internet marketers don't use their own products. This is a problem because if you don't know your product then it becomes challenging then to get someone else to purchase and use your product. The force their products on potential customers not knowing if that product it right for that customers.
goo.gl/ycLkHf

3. Internet Marketers need to build relationships with their customers. Building a good relationship before and after they purchase from you. This help builds the customer confidense that they made the right choice in purchasing from you. You never want a customer to have buyers remorse, because you never communicated with them after they purchased from you.

Although, many of them may not use the products giving them a follow up call or sending them an email shows that you were interested in their purchase, and you want to see if they make have an issue with the product.

4. Learning how to manage the business. A lot of internet marketer don't treat this as their business. They look at it as away to earn some extra cash with out the responsibility. Understanding they may be using it as a career change, it still is a business.

You still need to invest in the business, whether it may be education or software to help you run the business much soother. Their accounting and taxes to be paid for what ever income that's generated from the business.

5. Many internet marketers want instant success. They don't realize it takes time to grow the business in order for your to have success in it. It's not easy, it's a growing and learning process. We would all like to have short cuts in business, but it could lead us to a loss.
goo.gl/ycLkHf

I encourage you to join the business credit forum to get access to more videos and other resources to help you grow your business.
goo.gl/xfsIVs http://BusinessCreditAmerica.com

I LOVE TO FAIL AND YOU SHOULD TOO by Rickey Johnson, Juniques Multi Cultural Connections

Posted by Rickey on March 5, 2013 at 12:30am

Why buy hair when you can buy a hair business for only $19.95

http://www.juniques.ws/weave

I LOVE TO FAIL AND YOU SHOULD TOO!
By RICKEY JOHNSON

Great Day to ya!!!!

This is the area that many do not talk about with any substance.

It is always presented as the "thing" to avoid while making your success journey.

REALITY, it is the "thing" you must properly place in your psyche as move on the road of life.

It is a subject that deserves discussion, for the proper understanding of this event, will help multitudes move forward.

Enjoy Everyday to the Fullest

FAILURE

With the Puritans, the success/failure ethic was born. America invented a new upper class with only one entry requirement: money. America is the cruelest county in which to fail

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America is also the best place in the world to fail.

This is the land where you can go from rags to riches to rags and still hope to go back to riches. Few of us recognize the benefit of failure.

It is important to fail and important to give our children permission to fail.

Learning early in life, that you can survive defeat, makes you tougher and more resilient, for the rest of your life.

There is no accomplishment without risk. Failure gives you options. It is important to understand what failure is and what it isn’t.

Success and failure are not polar opposites they are part of a continuum.

Neither is likely to be permanent; the irony is we believe both we last forever. It is the way you cope with failure that shapes you, not the failure itself.

In the end, real strength comes from knowing we can survive.

There are few things worse than feeling you have failed.

Your mood swings wildly from hope to despair.

It is a time of great confusion.

Failure seems to trigger a series of stages that are distinct and predictable.

The stages are (1) Shock, (2) Fear, (3)Anger and Blame, (4) Shame, (5) Despair.

First stage – Shock– The first reaction to sudden loss is disbelief, shock, and numbness.

The mind denies what it cannot process.

Reactions are often physical; at this stage you should do nothing.

It is always a mistake to make any major decisions during this phase.

What you need most at this stage is a sympathetic listener, not someone who will offer advice.

Whenever shock occurs, it is safer do absolutely nothing except wait and allow the pain to recede

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Second Stage – Fear– At first, fear may be quite specific and even appropriate, but they can escalate quickly to unmanageable proportions.

By taking fear out of the shadows, fear becomes more manageable. Fear can turn into panic – a sense of sudden, incapacitating alarm.

Third Stage – Anger and Blame- as long as it is a passing stage it’s healthy. It is a sign you value yourself.

Blame, although everybody engages in it, it is almost always inaccurate.

Blame, in other words, will only be your first interpretation, and not a very accurate one at that. Anger, revenge, and blame are temporary and highly useful emotions. These feelings serve a definite function; they become a problem only if they persist.

Fourth Stage – Shame– Shame owes its existence to the authority we give other people to judge us. Judging our own behavior, we might feel ashamed- a personal regret in not living up to an ideal – not shame – disapproval in the yes of others.

Your attitude will determine the way they see you. If you act ashamed and defeated people will treat you accordingly. Shame is an unproductive feeling, but one that can only exist if you grant others authority to judge you. Remind yourself that you are in power here.

NO ONE CAN MAKE YOU FEEL A VICTIM BUT YOU YOURSELF
(Say that Again!!!!)

Fifth Stage – Despair– Despair occurs only when there is a massive ego loss with no subsequent ego gain, and no apparent way out “Depression occurs when we lose confidence in our own coping mechanisms.

"We become depressed when we are bankrupt of self-esteem and self-confidence, when we no longer have sense of our own capacities to insure either our actual survival or the worthiness or value of the life which we can sustain. Psychiatrist Willard Gaylin.”

Most depression is self-limiting. Usually after a period of a few months at most, the depression will usually have run it course.

One of the best ways to hasten the end of this stage of despair is to give in to it and allow yourself to mourn.

The best way to overcome despair is to give up least temporarily the serious endeavor that has defeated you and to turn instead to an easier, more accomplishable, different activity.

The stages of failure are as predictable as the stages of a disease, and just as survivable.

Everyone experiences them and although they are uncomfortable, they are not permanent.

What is important is to let them happen so that you can get done with them.

To fail achieving a particular objective or goal is not a determination of self – worth.

It is just measuring point of what other areas of self-development you may need to experience or skills you may need to obtain.

The irony of succeeding is that one must fail first, to some degree, to obtain success.

This is a valuable lesson of life to recognize and accept.

Once you understand this realization, that succeeding is failing and failing leads to success, you are own your on way to some exciting and personally rewarding experiences.

This is one of business building articles by Juniques Marketing.

I Love to Fail and You should too! Will help you succeed beyond your wildest dreams.
www.jusmcc.org

Why buy hair when you can buy a hair business for only $19.95

http://www.juniques.ws/weave

How I Failed my Million-dollar Business Before it Even Opened!

Posted by Katrina M Harrell on September 8, 2011 at 5:00pm

yes you read right.

Picture yourself sitting in a fully furnished office, employees ready, systems in place, all the right connections, solid and highly profitable business model that is ready to throw money at you, solid marketing strategy and hundreds of customers ready to use your service over and over again, a target market that has so limited offerings that you come at the right time. I know you have a big ole smile on your face right now at the image or maybe you're wondering "what does this have to do with the title, seems like everything is in order right?" Keep reading...

Now imagine being in that office smiling and happy and ready to take your eager clients money only not being able to service any of them. In fact, they're waiving their money at you waiting on you to service them but you can't even unlock the door to let them in!

The only issue is that you can't take their money. In fact you'll never be able to take the hundreds of thousands to millions waiting before you, ever. You've done so much to set your business up and get it ready for this moment but the authorities come your way and tell you "nope you can't open, not now not ever"

Picture it? Yes, that was me spring 2009.

Click here to continue reading about my epic failure and the MOST VALUABLE LESSON I LEARNED THAT CHANGED THE COURSE OF MY BUSINESS.

MAKING MONEY AND KEEPING MONEY…NOT THE SAME Top 10 “real” reasons businesses fail and how you can avoid them. (Hint, Capital is not one of them)

Posted by Katrina M Harrell on July 13, 2010 at 4:29am

Let’s face it; making money is easy especially in America. In this country you can literally start a business with little experience and money and build a multi-million dollar corporation with hard work, passion and some luck. We’ve seen it happen many times and it will continue to happen. So it’s not the creating of businesses that is difficult it’s keeping them!

Below are my top 10 “non-text book” real world reasons why businesses fail or struggle. (in no particular order)

1. Poor or lack of Goal setting and strategy – This goes back to my blog on business and passion. Once you’ve reached the point where you know your passion should be a business you must then determine what your goals are and develop a strategy surrounding them. Not doing that can leave you running a treadmill and loathing your passion.

2. Big Cash, Big Spender syndrome – I’ve seen this in the consulting business. You get several contracts and are paid generous initialization fees and instead of treating the huge payments as part of your future cash flow or properly investing, you begin purchasing assets that suck up your cash. Create cash flow projections and don’t treat your business like your personal life. Start and grow LEAN.

3. Not taking your business seriously – A marketing expert once said “When you don’t have money all you’ve got is time.” Not knowing basic legal, financial and regulatory aspects in your business can cost you. Know your business and as TheCashFlow.com’s tagline affirms “Handle your Business”.

4. Confusing your hobby for a business. – I talk about this a lot but it’s very true. Not that you shouldn’t turn your hobby into a business, but be sure points #1 & #3 are in-tact before doing so.

5. Hiring friends and family -- Like point #3, unless your business is a hobby, many of us actually want to obtain some financial security. While you CAN hire family and friends, do so ONLY if it makes good business sense. If you have a business need that your friend is more than capable of handling, great, but don’t try to fit a square peg into a round hole.

6. Not paying taxes or avoiding them -- Back to #3, understand the basic regulatory aspects about business. Make sure you pay your payroll taxes on time. If you can’t, consider getting out of business. Period.

7. Putting the cart before the horse – When you hire employees, remember as CEO you set the tone and pace for your company. The success or failure does not rest solely with the employees it’s with you. As with our bodies, everything starts with our brain. Even a strong healthy leg (employee) can give out if our nervous system (the CEO) isn’t functioning properly. If you’re dysfunctional so is your business.

8. Personal and business funds comingle – It’s very easy to look at your business as an inflated personal ATM machine when you’re doing well. This practice can get you in trouble. Especially reverting back to point #6. It’s difficult to truly see how your business is performing if there are many personal transactions in the way.

9. Over outsourcing – It’s great to outsource areas that can be done more efficiently and cost effectively by someone else, but there is a drawback. Over outsourcing can drain your cash flow and become counterproductive when you have limited money and resources to begin with. Take the time to come up with a plan and remember think “LEAN”.

10. Know your numbers – Quick tell me what’s your profit margin? COGS compared to your unit pricing? Payroll compared to revenue? EBIDTA? Quick Ratio? DSO? LMNOP? (last one was a joke) Point is these seemingly dubious terms actually can hold the key to your business success. Not knowing these and other financial indicators can leave you wondering “where’d the money go?”

This list can continue forever so you can add mine to your favorite top 10. The goal though is NOT to discourage you but as always to empower you if you see yourself within any of these points. The old school definition of an entrepreneur used to be one that takes risks. So continue to enjoy the risky ride. Just be it a well informed ride.

Be Empowered…

Katrina M. Harrell is a self-proclaimed “Proactive Bookkeeper” ,accountant and small business consultant in the Raleigh, North Carolina area. She is also CEO of YourSimple Bookkeeper, Inc. which provides virtual bookkeeping services to micro and small business across the country. She is also creator of YourSimple Bookkeeper in-a-Box™ which provides practical recordkeeping and bookkeeping guidance for micro business owners. Her blogs about small business, entrepreneurship and financial management can be found on www.katrinamharrell.com or on her facebook fan page at www.facebook.com/yoursimplebookkeeperdotcom

Are You Shooting Yourself In The Foot?

Posted by Charlotte Howard on April 23, 2010 at 2:55am

Have you ever been at a networking function talking to someone when during the conversation you felt very self-conscious trying to say the right thing? Were you afraid that maybe if you said the wrong thing the person might not find you likable, and therefore not want to do business with you?

If you have, I am about to tell you why you should not worry about it. I want to share with you the reason why being careful about what we say works against us in the networking environment.

Our goal in business networking should be to establish new relationships and through the process of follow-up develop them over time. As with any relationship, being honest plays a very important role in that development.

When we meet someone for the first time, we want to make a good impression. Often we put on our "party face" so that we do. This can often cause us problems that we do not expect. One problem is that when we try to appear to be something that we really do not feel inside of us, we often have a fear that we are going to be "discovered". This fear causes us to feel uncomfortable about the situation and though we may be smiling, we are really cringing inside :-)

Most people worry that if they just be who they are, that no one can accept them. I argue that if we do not just be ourselves, sooner or later who we really are will slip out and then we will have to deal with the consequences of being discovered. This then leads to a feeling of distrust between people.

Have you ever been in a relationship with a person of the opposite sex where you did not tell them something important early on and later had to reveal it or even worse it was revealed by accident? It leads for difficult times after that and a lot of shuffling and apologizing.

In my opinion, it is better to risk being who I am up front. To let people know exactly how I feel. People, for the most part, have a forgiving nature. They actually want to forgive. If you make a mistake and say something that can be potentially embarrassing, you can always apologize for it and be forgiven. But if you say something that is not necessarily true and are discovered later, your credibility may be permanently damaged.

If you go into a networking environment prepared to be relaxed and genuine, you will find that it is a lot more fun to be there. If you have a plan of action to really get to know people, you will be much more productive in a shorter amount of time. People will feel comfortable talking to you and you to them. In an environment of truth, more people will want to do business with you and to be around you.

Authentic enthusiasm is contagious. You will always appear to be more attractive when you are excited about what you are doing. When you are not worried about making mistakes, you will appear to be happier. Being happy about the situation will help you to smile more, and the smiling face is a natural human attractor.

So next time you attend a networking function, just be yourself. Your results will improve and you will feel better when you leave to go home. Over time, the difference will be measurable in more ways than just your income. You will find that you have more real good friends than you had ever imagined possible. When it comes time for the referral, your real good friend will remember you because friends really do refer friends.

Talk to ya soon! :-)

Cheers,

Charlotte Howard

http://www.CharlotteHowardInfo.com

The mind of the entrepreneur

Posted by Dawn Lawrence on November 27, 2009 at 12:54pm

Rome wasn't built in a day... but it was built; this means that someone at some point had to stop dreaming and start doing! There's a wonderful word in the bible which captures my point... "faith without works is dead"The entrepreneur understands that a dream without effort or indeed a plan of how to achieve it, is like sun without the shine... rain without drops or snow without the flakes; in other words it lacks substance. The reason many refuse to move from dream to reality is a fear of failure, yet all dreams flounder and fail before they fly. The entrepreneur understands this and embraces rather than shuns or runs away from failure, knowing that each fail attempt bring them closer to their dream. They understand that set backs, or lack of progress are all a part of the process of success.The entrepreneur is a tryer, a doer, a believer, and a forward thinker. They believe wholly in the phrase “if at first you don’t succeed, try and try and try again.” They understand that lasting success happens not overnight; but rather in the quiet of long nights and arduous days. Failures, set backs and rejection are all a part of their journey; but so also is belief, faith, confidence in one self, unique achievement and success.Don't get me wrong, no entrepreneur enjoys loosing money, but because they work for money, but allow money to work for them, they know that what leaves one way comes back a hundred different ways! They have come to realise that money is fluid if it goes around... it will come around!The ability to make your dream a reality really rest with you. There’s an old proverb which says “when the student is ready the master will come” are you ready?It is said that the the Chinese bamboo tree takes 5 years to show any sign of growth. When the seed is planted, for years the farmer see’s no sign of his labour... nothing! Not even a sprout, the ground remains as it was when he first planted the seed. But then... one morning... after 5 years of checking, when he least expected it, A BAMBOO SHOOT! There after the Chinese bamboo tree goes on to grow up to 80 feet tall.It took a lot of effort, patience and determination for the farmer to believe that all his watering, fertilising, watching and hoping would amount to something. But the farmer; like the entrepreneur doesn't have to see to believe, he believes to see!

Insight into Failure - Could This Be You?

Posted by Yvonne Carson on October 22, 2009 at 9:48pm

In the past, I have joined many MLMs and have failed! Yes! I failed! I spent more money than I made and more time than I should have by staying when clearly I was not ready for the business opportunity.What I realized only recently, after joining an awesome MLM organization, is that I did not fail because the business opportunities were not good. The products were really great, and I loved them and believed in the company.The reason I failed at MLM was I was not ready for the business opportunity! What I mean by this statement is this:* I did not believe in myself* I did not believe in my own ability to succeed* I had low self-esteemI had all kinds of fears:* Fear of failure* Fear of rejection* Fear of not succeeding* Fear of making mistakesThese kinds of thoughts or mindsets will sabotage any great opportunity that presents itself to you. I have come to learn over the years that you have to be ready before opportunity knocks. If you are not prepared, and you go into a business opportunity or even a job opportunity, you will fail, become negative, frustrated, and you will eventually give up and quit.Success and financial freedom does not just happen. You have to prepare for it so that when it comes you will be able to not only handle it, but you will be able to maintain what you have obtained while you reach for new levels of success and opportunities.Toxic core beliefs (mindsets/thought patterns) need to be identified and detoxed from your thinking. If you do not, they will pollute and corrupt every thing you attempt to do. Your toxic thoughts or core beliefs will cause you to sabotage your own efforts to succeed and experience financial freedom. This will eventually cause you to experience a cycle of failures that can go on for a lifetime, if not dealt with.It does not matter how much positive affirmations or faith confessions you make if your core beliefs are rooted in negativity and unbelief. You will always move in the direction of what you truly believe. Have you ever heard the saying, “People say one thing and do another?” What you actually do or do not do is all predicated on what you really believe about money, business, success, people, the world, etc.The best way that I know of to identify or discover what you really believe (your core beliefs) is to become aware of what you are saying to yourself. The best time to do this is when you are under pressure or you are experiencing adversity in your life. What do you say to yourself when you make a mistake? How do you feel when someone says no to your opportunity? Do you call yourself negative names or put yourself down?Keep a journal to document your answers. When a difficult or challenging situation arises in your life, how do you respond? In your journal document the following: (1) What was the situation/circumstance (your trigger). 2) Write your response. 3) How could you have handled it differently? 4) Change the negative core belief to an empowering one. Confess or speak them over yourself daily, especially early in the morning and just before going to bed. Look at yourself in the mirror and tell it to yourself until you believe it. This is a way to renew or reprogram your subconscious mind.Great opportunities happen when preparation and opportunity meet! Decide what it is you want and what it take to get it. Then be willing to prepare and do whatever it takes! Remember this: failure is not fatal nor is it final; giving up on your dreams and goals is!Author: Yvonne Carson, M.Div., MA, MFT is the author of several e-books: The Courage to Change: Healing from Emotional Wounds that Bind You (An Interactive Workbook for Healing and Restoration); Wisdom and Life Lessons from the True Vine; Whatever You Seed You Will Receive: 50 Power-Packed Personalized Faith Confessions. Her books can be purchased at http://yvonnecarson.ning.com

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