Title - Tags - callumstory

Story about first business “failure”:

Inciting incident

  • Quit job as radiographer; time to pursue entrepreneurial dream
  • Idea: sell info products to radiographers

Progressive complications

  • Starting building an email list and doing market research
  • Observed apathy; inherent in market - not just my products
  • Is it worth continuing?

Crisis

  • Already built product, website, email list, etc.
  • Keep on keeping on - or trust gut and cut losses?
  • Embarrassment of failure

Climax

  • Sought advice from mentor on decision
  • “If they don’t have the ability and willingness to buy, it’s ok if you want a hobby, but not if you want a business”

Resolution

  • Got my answer: stop now; move on

Point made

  • The market must have the ability and willingness to buy what you sell
  • If they don’t; it’s not viable as a good business
  • It’s a constant push; hard work - no leverage

[#kennedyIWW]: Dan S. Kennedy: Influential Writing Workshop.