Business Ventures that Failed-- Everyone has ONE

United Arab Emirates
April 2, 2007 12:14am CST
Score card Failed: 1 (Major) Success: Not yet Planning Stage: 1 I really like to do business and venture it myself, but I lack the talent of marketing. I'm both shy in selling and collecting. I still have to really train myself to be tough and competitive. The one that I failed into was a capital I had entrusted with a family member, for MLM of goods and services. You know, the thought of helping them to have a business to derive a decent income from monthly. So now, me and my husband are planning to venture another one in the near future. And yet I still need a trusted family member to really push through and be determined to handle the business. It is not because I can't handle it myself, but because of my location. I don't wanna waste the time, and the opportunity that a business could bring to. I just wish it will succeed this time.
2 responses
• Philippines
3 Apr 07
Hi! I think we share the same fears and aspiration in surviving and maintaining a good, profitable business. While selling and collecting are really vital to success, the most important thing you need to know is what business you need to explore. You can go online with affiliate marketing or start your own small retail store (which you need to sell and collect by the way). Marketing is not selling or collecting, it is finding the best opportunities from a given set. Start with a strategy and the rest will follow. Good luck Camille.
• United Arab Emirates
3 Apr 07
Thank you. Yes, I agree that marketing is far way beyond selling and collecting. I must yet construct a feasibility study for this business venture we have in mind. It's not gonna be simple, and it sure requires a big amount but I hope we can manage. Thanks for sharing.
@mindrich (183)
• Philippines
2 Apr 07
I do agree that you considered marketing as the critical point of success of a certain business. And I believe because of the advent of technology things complicated would be made into simple. I have here my site www.freebiztraffic.com that would somehow make your marketing drive automated and keep running 24/7. The good thing about these tools are set for free. Hope this you would value this camille. Actually this site is not intended yet to public because it's still under construction. But I just want to address your dilemma. Hope so..
• United Arab Emirates
3 Apr 07
Thanks for the tools. What we have in mind is planning to put up an internet coffee shop in the province. Wherein there's no one yet had set up. We will start up small initially, observe the market flow and we will see it from there.