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failed business

  1. Jaywalker

    Adventures in Business

    INTRO 
    Howdy all, I first read the books in 2020. It was a revelation. Here are some of my failures so that you can learn from my mistakes. In addition, I will talk about where I am now. Let’s see what the forum has to offer. Failure #1: Started a family business with my father. We sold an upgrade...
    • Jaywalker
    • Thread
    • accounting failed business intro introduce yourself web design
    • Replies: 3
    • Forum: Introductions
  2. ZF Lee

    "95% of all new businesses fail!" Why it is utter BS.

    ASSERTION 
    Once in a while Reddit gives out some good points...
  3. KJBe

    My first failure

    MINDSET 
    Hey guys. Recently accepted my current business is my first “failure.” As my first business it’s not surprising, especially as I started it without a clue what I was doing and before reading any of MJ’s books. Yeah sure it’s turned a profit but it won’t be the automated £2000 a month to allow...
  4. Yanezez

    My List of Failures: Looking Back (Part I)

    SIDE HUSTLE 
    What's this About and Why I want to write about all the attempts of making a business or sometimes just a few extra bucks I have undertaken. I want to write what I tried to do, if it worked, why it worked, and most importantly, why I think they failed. Spoiler alert, none have been successful...
  5. windchaser

    Closing my company – Post-mortem analysis so you can learn from my mistakes

    EXECUTION 
    After 3 years of activity, I made the decision to shut down my company. Here goes my story, I hope you can learn from my mistakes. THE IDEA: On December 2018 I had my second and definitive FTE event (long story short, I was fired when the company where I was working decided to eliminate my...
  6. _Denis_S

    Sales = Magic Pill to Entrepreneurship?

    Hello Everyone I vividly remember the "wake-up-moment" I've had after my first time reading the Millionaire Fastlane while studying for my engineering degree. Being young, uneducated and maybe even really naive about my future, I thought that this paper called degree would be my ticket to a...
  7. A

    My first business attempt failed

    Hi guys and gals Wasn't on the forum for quite some time. I've been working on a business with a good friend of mine and we just decided to "close shop" and move on. a bit of background: (long story short) the business required cooperation from a certain industry's people. neither me nor my...
    • Adir Barak
    • Thread
    • business fail failed failed business failure first business lessons lessons learned
    • Replies: 5
    • Forum: Process and Execution
  8. AKANSHA

    2 years of time and a loss of 1.5 million$.

    EXECUTION 
    Hello, This is the first time I'm using Fastlane forum, and I don't know how I'm going to use this forum exactly. so I guess I'll just start from introducing myself. I am Akansha, from India..I'm a 25 year old and I recently shut down my business (started at the age of 23) cause I was bearing...
  9. L

    I failed miserably but I'm enjoying it

    NOTABLE! EXECUTION 
    Hi I'm Lukas, 20 years old from Zurich, Switzerland and I failed. Writing this made me reflect all those moments once again. I've written this in one go, so forgive me, if I made some mistakes. Well at what exactly did I fail? Let me explain you. I've been going to the gym for several...
  10. Cameron Aanonsen

    How many Business Failures did you have before success?

    NOTABLE! CHAT 
    MODERATOR NOTE: POLL ADDED!! PLEASE VOTE!! How many business's have you all had before you found your breadwinner? My first business was a success by normal standards (200k a year +) but not by fast-lane standards.

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