The book “Build” first couple chapters has some good motivation for this. You’re building and creating something that has an impact. You’re taking a risk and learning. And ultimately you could she your own business instead of working for someone.
soulsurfer3
joined 1 year ago
You bought it without knowing what you were tough to do with it?!
Not every company or product is solving a problem.
Bottled water is clearly solving a problem. That doesn’t make it necessarily a good business because of crazy competition in the market.
Prime isn’t solving a problem. They’ve created a market based on branding. People want to see them with that brand as a way to exhibit some aspect of personal choice and style.
Liquid Death is similar. They’re not solving a problem. It’s great branding/marketing.
Considered a cheap lesson in private investing. Go read a book on how to do it right. These losers don’t always get weeded out and as FTX and other high profiles drama saw, can carry on fraud at a high level. You should either not be in the game or know how to due diligence and warning flags to look for.
Failed? You had one failure. Or two. What have they done, just take corporate jobs? Are they actively humiliating you or do feels sense of humiliation because of the failures. Two different things. If it’s the first, steer clear of them for a while (unless it’s wife and kids). If it’s later, then it’s more about how you frame your failures and moving forward than other people’s perception.
Ignore it. Get back in the game. Get a job for income and keep at with a side hussle.
You’re not alone. Entrepreneurship is hard.
Nothing for dimes. Although first edition versions of items that crime popular usually do very well. The first iPhone wrapped sold for $500 now goes for $60K. You might consider the Apple VR headset although it’s def not dimes and you’re prob better off putting $3500 in a good stock.