First Step Entrepreneur

What I Learned: Failed Businesses vs. Ones That Made Millions

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The differences between businesses that fail and ones that succeed aren't what most people think. After building businesses that failed spectacularly and others that sold for millions, here's what I learned from both sides.

What separates failure from success:

  • It's not about having better ideas (failed businesses often had great ideas)
  • It's not about working harder (I worked incredibly hard on things that failed)
  • It's about understanding timing, market fit, and knowing when to persist vs. when to pivot

    • The most valuable lessons often come from businesses that didn't work. Success teaches you what's possible, but failure teaches you what's necessary. Both are essential education for anyone serious about building something sustainable.

    Original YouTube video: https://youtu.be/6HzWX8Igc_k

    If you want to learn from both success and failure:

    🎯 Free Challenge: https://www.firststepentrepreneur.com/free-challenge

    🚀 Full Program: https://www.firststepentrepreneur.com

    This podcast is the audio version of the First Step Entrepreneur YouTube channel.

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    First Step EntrepreneurBy Art Harrison