What a fall! A big fall!
7 weeks ago, I had a fall, or a failure to some of you. I left the program that I loved so much, I left the business whom partners were my good friends.
I was immobilize, couldn’t get anything done, I was lost. This was the greatest fall of my life. It was painful, and I cried whenever I was alone.
I felt abandoned by people whom I love so much. These are the same people whom I considered their feeling when a competitor offered an opportunity to me.
While it was extremely painful, it was a wake up call. It allowed me to see clearly the truth. The truth that I didn’t see in the past. The truth about people whom I was working with. The truth about the business and business model.
One very clear distinction I got was running a business and team. Though I screwed up in this team and business, it was the greatest lesson to me in terms of team and business.
First of all, having the right people in the right bus on the right seat is very important. But the problem is sometimes we won’t know until we invite the person onto the bus.
And if it turns out that the bus is not right, kindly invite the person off the bus – quickly. Any delay may resulted in the right people leaving the bus or worse, the bus comes to a complete halt.
It doesn’t matter if this person may be a good friend, wrong person – out the bus.
There are some whom are not actually the “wrong” person, but they are deadwood. They do not contribute, but they think they do. They don’t actually contribute directly to the success of the organization. The organization can definitely do without these people but they are there because no one ask them to leave.
I will be writing a special report in forming business team, more details will be cover there.
Beside team, I discovered the truth about business. Certain business model just doesn’t work no matter how hard you try. The business deal or model itself is already a suicide case from the beginning.
This great failure actually tuned up my business acumen. I am picking myself up from failure.
Now, I’m back! Start from ground zero and nothing. I will fall, but I won’t go down permanently. I am going to create new waves. Watch me!
August 25, 2011 at 2:16 pm
All the best.
August 26, 2011 at 8:14 am
Brother, I honor you and welcome back! : )
September 5, 2011 at 3:07 pm
[...] And I just failed in a business. Left the business, and starting from scratch. This is the post if you would like to know about it. [...]