Archive for November, 2009

Two Types of Successful Sites to Start

Published on November 17, 2009 in Ideas. 0 Comments

I think there are two types of sites that become successful once you start them.  The first is the type where you can’t afford to fail.  The other is where you love it.

When I look at entrepreneurs that have created successful businesses, the first successful business is often one where they couldn’t afford failure.  The second is a labor of love.

When You Can’t Afford to Fail

Published on November 17, 2009 in Ideas. 0 Comments

My good family friend just completed her 20 something year in the restaurant business.  It’s been her best year ever.  When she put everything she had into a small restaurant in Eureka California, she couldn’t afford to fail.   She didn’t have more money, she didn’t have a good paying job to fall back on, she didn’t have any options to support her family if her restaurant failed.  It wasn’t easy.  For nearly seven years she struggled, but she kept on going.  In her mind, she didn’t have any option but to succeed.

I think this mindset is critical for entrepreneurs.   You only have one option.  That’s to make your business successful.