The PRICELESS LESSONS I learned from my FAILED Business Venture | Sofa Chat With Pitol
Hey Family! I'm back with another sofa chat discussion and this time I'm opening up about my business which I started and sadly had to close down within 2 years. When you put so much effort, passion and time into something, it's hard to let it go, but upon reflection, I'm so glad I did. In this video I'll be sharing with you 'why', and also the lessons I learned from my failed business.
Let's get it popping
Time Stamps
0:00 Intro
2:07 About my Business - Peerless Pitol
6:15 Why It started to go down hill
9:02 Lesson 1 - Relying on humans is a problem
10:55 Lesson 2 - Start small. Grow with the business
13:36 Lesson 3 - Entrepreneurship is time consuming
15:32 Lesson 4 - No Niche, No Nickle
17:21 Lesson 5 - Your time is money
20:14 Lesson 6 - It's okay to cut your losses
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#failedbusiness #lessonslearned #entrepreneur
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ps I don't do mentoring rn :)
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