October 21, 2011, 6:00 am

Epic Shiz of The Week

by: MD    Category: Financial Rambling
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The epic shiz of the week for today is Pat FAIL – My Past Business Ideas That Didn’t Work Out So Well @ Smart Passive Income.

What’s so epic about this article?

When I took my entrepreneurship course in college we often discussed the idea of the adversity quotient and the idea that of bouncing back from failures. I was always enamored with the idea of how an entrepreneur can be so resilient and deal with so many failures.

We all know by now about how Michael Jordan didn’t make his school basketball team in elementary school or how the guy behind FedEx (Fred Smith) received a C for his paper on the idea of overnight delivery because his professor thought it wasn’t feasible.

It’s always inspirational to hear about how someone is able to fail repeatedly and still bounce back to reach higher levels of success. Giving up is easy. Trying over and over again is challenge. It’s also very scary.

The gem of this article?

My favorite part of this article comes near the ending when Pat writes:

I hope this encourages you as you work on your own businesses and helps you realize that you just have to keep trying. If something doesn’t work out, that doesn’t mean you’re not destined to succeed, especially if it’s your first go at it.

Pat is a pretty humble dude and it’s cool to hear about what hasn’t worked for him just as it’s cool to see what does work. For most of us reading this, chances are that Pat earns more in a month than we do in a year off the internet.

I would like to hear how you guys have bounced back from failures in the past? How do you handle failure?

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Comments

MD, you rock buddy. Thanks for featuring my article as your Epic Shiz of the week. That means a lot, and I’m glad everyone is responding so well to my failures! I will do my best to keep failing and falling forward.

Much love to you and your community here. Cheers, and all the best!

by: The Financial Blogger | October 21st, 2011 (1:59 pm)

Hey MD!

Great found! I think that failing is the #1 step to success! When you don’t fail, you can’t really achieve something because you haven’t taken risks.

I think I learned more from my eBook launch catastrophe than from my 3 years of successfully making money online!

Pat, your blog is amazing.. I’ve implemented so many ideas from reading your blog so far.

@Pat Keep on failing! Wait does that sound bad? Lol. Keep on being transparent.

@TFB We can learn a lot from failures. Hopefully I don’t fail on Tuesday with my eBook.

@YFS We all have a lot to learn from Pat 🙂