In this candid segment, the speaker reflects on the early days of their "entrepreneurship" journey, detailing the "failure" of past "small business" ventures. They discuss the critical role of a strong "business mindset" and how being ahead of the curve didn't prevent a "failed business" when resources ran out. The conversation explores the strategies that didn't work and how they could be adjusted for today's "startup" landscape.
It's a way overdone because everybody and his brother does have one but I can't help but see myself in all those kinds of things thinking well it was failed endeavor Uh what did what was the maybe I was ahead of the curve and all that kind of stuff but still what was the strategy that failed then that we can adjust now for for the time uh now So it's well I failed because I was born poor and I ran out of money I honestly I mean the ventures that I started back then I had good ideas and I can see them being out there being done And I'm but back in the nineties I got like I told you about my friend my spotlights with the foot switches so that we because we didn't have that We did we made a lot of things because we out of necessity which we had no you know we had money sure We could have patented and stuff like that or or the wherewithal to think that somebody else would want to buy it Right Uh but again now we just come down to my mindset I think now I don't want to get overly um emphasize on this but uh I think there was a limited belief system there that you needed to be the the found you needed all the cash to do this on yourself There are angel investors There are people you could pitch those If you have a good idea that adds value to society and you're truly does and you're sure of that I think there are people that don't fund anything well in the 1980s and I was in my twenties I had no concept
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