Well I have never started any business and failed before and so j don't really know much about it but then I have friends that actually started a business and failed and all that
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All is well. I have never started or owned a business before so I haven't experienced this. I have some online platform I started but fail to go through with it, would this be a failure?There were offline type of business that I started way back when I was still finding my feet into a business I should be doing. I failed after some months into the business and had to pack up
I would say it's common that most business ideas to fail for the first time which could be traced to a lot of reasons. I myself tried to start a business in the neighborhood, a gas delivery station but didn't get much returns from it so had to close.Has there been any businesses you failed after you started them? I myself have had failed jobs and all kinds of opportunities, but for the most part, I got through them. Anyway, my first attempt at a business failed. I had started a small video game store in my town, that would let people play new games on fancy tvs and comfortable chairs, but sadly not many people bothered to come by, and we ended up closing the place up.
What was your first failed business?
I am planning on starting a blog soon. I don't wanna fail so that's why I am taking my time with it. I feel with the best preparation and planning, I will definitely succeed.I planned to start a blog but I failed to make it successful due to the fact that I never had any knowledge about SEO. This is why when it comes to starting a business, I make sure that I do not invest without gaining enough knowledge because starting a business without knowledge could lead to losses.
I have failed miserably with three different businesses, a publishing house, a restaurant, and a dairy farm. MY third business was an online business that was started for less than $50 and over the years it has generated a lot of revenue. My previous three failed businesses were started wiht loan money.