How to reinvent yourself if a startup fails

Source: Internet
Author: User
Keywords Entrepreneurship
Is it time to reinvent yourself? The five insights given by Super winners can help you do it right. The financial crisis broke out in the United States at the end of 2008. The crisis has put an end to my 25-year mortgage career, and the inc.500 firm I founded was closed. I lost everything and was forced to reinvent myself and embark on a five-year reconstruction journey. Some of the skills I had before were useful, and others I had to develop myself. I had to take on new risks, and most of all I had to focus on the path that would encourage my enthusiasm with good business models. The journey is not always smooth sailing, but I still have a lot of success, and in many ways, the journey has always satisfied me. This week I embarked on a new phase of the journey, a remarkable phase. I started using my writing, drama, and production skills in my new role as executive producer and partner of the 77WABC presenter Amilya of New York's talk radio. I am responsible for writing, making, and broadcasting the most entertaining audio and digital content in the form of a broadcast every week, which gives the audience a fantastic listening experience. This is a very meaningful opportunity. Whether you are making subtle changes, or just like me, a radical makeover of life, many of us are deeply troubled and confused. However, remodeling is almost as if you were given a second chance to start a business again. At first you have to empty yourself ", like a piece of white paper to start again-only this time you bring more wisdom. Is it a great thing to do things in a way that gives you the most success? That's why the first guest I invited on the show was Lewis Schiff, who was business brilliant:surprising lessons from the Greatest self-made Business Icons, author of the book "Corporate Brilliance: The magical experience from the super successful self-made business Idol". Schiff carefully studied thousands of dozens self-made success stories. The following are the different ways in which his subjects are behaving, which makes them climb the pinnacle of their careers. Even if you don't need to reinvent yourself now, the things he observes will help you achieve greater success. If you need to reinvent yourself like I do, use that content to make this the last time in your life. 1. The idea of making use of one's best earning skills is the same as what my grandmother used to say to me: I have poor days in my life and rich days, and although poverty is not a disgrace, I would rather be a rich man. When I first started on the road to entrepreneurship, I only follow my passion to go. Most of my early successes were accidental. This time, I have been very concerned about the activities leading to wealth and stability. A lot of ideas, butGreat success comes from a business model that is designed to be comprehensive and sustainable. Everything else will waste time and resources. 2. It is meaningless to try to reinvent the wheel without having to choose what you are familiar with. As far as I am concerned, my industry and investors do not exist. Even if I want to get my own way, I can't fulfill my wish. But I can take advantage of the skills and resources I already have, and start all over again in a new direction that is linked to the cause of the past. This saves me from the trial and error of the year through. 3. Speak out your failure and you will be a loser. It's hard to overcome the embarrassment of failure, and to talk about failure, like I've been through great failures. But I overcame embarrassment and talked frankly about failure. In fact, I often share my failures with my friends and advisors to get tired of hearing it (I have very patient friends and advisors). But it is this sharing that helps me to analyze the causes of failure, learn from them, and study the way to a new cause. Now I celebrate the failures I've had, and it lowers my risk so that I can safely try and make mistakes. 4. Prioritize the development of networking when you are in the process of remodeling, your networking resources are far from enough. As far as I am concerned, I have little help with my contacts (ways) and resources in my ready-made networking. They didn't know I was a marketing person, and I didn't know I was a writer, only that I was a businessman who had been in the mortgage construction industry for years. Meeting new people and those who are energetic are part of your brand reshaping process. You need to fight for a bigger, stronger network of relationships to meet your new business model. As Schiff says, you need to be someone who knows a lot of people. However, do not cover up your past, and be willing to share your past experiences with others. As I stood up from the ruins of the 2008 failure, one step at a time, that was more successful than I had been in the first, and I got more help and respect. The banner of rising and reshaping "sees it as a badge of courage and perseverance." 5. Seize the opportunity that year my business was a crushing defeat, but then I spent the best year. I think I'm living in a safe place, full of prosperity. At that time, I was facing the situation is no development, there is no opportunity. 44-Year-old me, I am happy (around) travel. Having lost everything, I've always been a radical looking for opportunities. I never wait for the chance to come. I study, explore, and look for opportunities. I also carefully screen opportunities and give the opportunity to appear with appropriate energy and attention, lest they deviate from my success. To grasp the opportunity stems from the recognition based on knowledge, do not chase those shiny things. I don't want my 2008-year script to happen to other entrepreneurs. But looking back, now I am in a very suitable for their own development in the field to reach a new level, is really a gratifying thing. Lessonsis a valuable life property. I think if you learn the book written by Schiff, look at the video about the book, or read the book, you can succeed in avoiding difficulties.
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