Posted on 17. Apr, 2013 by Carey in ATM Business, Business Tips, Goals and Planning, Home Business, Multi-Units/Apartment Buildings, Passive Income, Real Estate Investing, Short Sale Investing, Wholesaling
I just wanted to talk in general about business mistakes. For this post, it really
doesn’t matter if you’re in the real estate business, ATM business, online marketing
business, or any other business under the sun.
This post is in general about all business mistakes.
I don’t know what sparked me to write this today, perhaps it’s people that email
me that are interested in starting their own ATM business or interested in investing
in real estate but they are afraid.
Afraid of making business mistakes.
Here’s the deally-o though….you WILL make business mistakes when you get into
business. I get that you want to start a business and not make any mistakes at all…I really do
get that thought process. But I think you’re just putting a little too much pressure on yourself.
Remember back when you first learned to walk? ride a bike? drive a car? had a child? You made
mistakes with all of those things in the beginning, right? (Heck raising a child is probably a
never-ending learning process lol)
But my point is you didn’t start doing anything perfectly. You made mistakes and learned from them.
Well, hopefully you learned from them.
So, just accept that you will make business mistakes when you first get into business, but make sure
you don’t ever make the same mistake twice. I remember when I started my real estate investing business
back in 1999. I made a mistake on every single deal I did for yearssssssss. But guess what? I never
made the same business mistakes twice. I learned from my mistakes.
When I started my ATM business in 2009, guess what? I made business mistakes with that too (and I had
someone “teaching” me the business. lol Unfortunately, he was one of my biggest mistakes!)
I made tons of business mistakes in my online marketing business too. From hiring a worthless coach to
wanting to do everything on my own (and screwing things up and taking longer then necessary to get things
Business mistakes are normal; they will happen. I’m not telling you to get all excited about them and
say “bring on the business mistakes!” But I’m saying just know that they are a normal part of the bigger
picture with your business, embrace them, learn from them and move on.
Generally, to cut down on business mistakes you make it helps to have some type of course, education,
seminar or coach to guide you through your business. Like my ATM Business Blueprint Success System if
you are interested in the ATM business or my friend Susan Lassiter-Lyons Master Lease Option course if
you are interested in creating income with apartment buildings.
Notice I said cut down…..I didn’t say eliminate. That’s because once you learn what to do from the
programs that you enroll in you may start to go off on your own and do your own thing that may not have
been recommended in your course or maybe it’s something more advanced and it’s not in your course, right?
The overall point here is please don’t be afraid of starting your own business because you are afraid
that you’ll make business mistakes. You will make business mistakes, so don’t let that stop you from
pursuing your dreams! Just remember to always learn from those business mistakes and to never, ever
make the same business mistake twice!
Have you made any business mistakes when starting your new business? What were they?