#2246 - Failure Friday: “My business was like a coupon, it expired too soon…”
Side Hustle School
Chris Guillebeau
4.7 • 3.3K Ratings
🗓️ 24 February 2023
⏱️ 7 minutes
🧾️ Download transcript
Summary
In this week’s Failure Friday segment, we hear from someone who started a coupon directory website. Unfortunately, he ended up spending more money than he saved.
Side Hustle School features a new episode EVERY DAY, featuring detailed case studies of people who earn extra money without quitting their job. This year, the show includes free guided lessons and listener Q&A several days each week.
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Side Hustle School features a new episode EVERY DAY, featuring detailed case studies of people who earn extra money without quitting their job. This year, the show includes free guided lessons and listener Q&A several days each week.
Show notes: SideHustleSchool.com
Email: team@sidehustleschool.com
Be on the show: SideHustleSchool.com/questions
Connect on Instagram: @193countries
Visit Chris's main site: ChrisGuillebeau.com
Read A Year of Mental Health: yearofmentalhealth.com
If you're enjoying the show, please pass it along! It's free and has been published every single day since January 1, 2017. We're also very grateful for your five-star ratings—it shows that people are listening and looking forward to new episodes. 😎 🙏🏼
Hosted on Acast. See acast.com/privacy for more information.
Transcript
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| 0:00.0 | Monso Business Banking. It just works. So you can too. Join businesses like Target |
| 0:05.7 | to Wishing by opening a Monso Business account. |
| 0:07.7 | What I love about Monso Business account is how easy everything is. It can be filtered, |
| 0:13.1 | it can be tagged. We thought we'd have to manage our business around our banks, but that's |
| 0:17.3 | not the case for Monso. |
| 0:18.4 | My name is Shun. I am the Founder of Target Trition. |
| 0:21.6 | Apply in minutes at Monso.com slash business. To apply you must be a sole trader or director |
| 0:26.6 | of a limited company, UK Businesses Only, terms and conditions apply. |
| 0:40.8 | Hey there, thanks for tuning in. It's Chris Gillibow, your host of Side Us Little School. |
| 0:45.4 | Today's episode comes to us in this segment known as Failure Friday. Failure Friday, |
| 0:50.7 | a collection of short stories about mistakes, missteps, disasters, and of course, failure. |
| 0:55.4 | All of the things that go wrong. I have really enjoyed working on this segment. You get to hear |
| 1:01.2 | all sorts of stories from all different perspectives, all different side uslers, sometimes some |
| 1:06.4 | well-known entrepreneurs or authors of, as I said, not a big success. Not the time they made a lot |
| 1:11.9 | of money, but the time they often lost money or the time in which they discovered their business |
| 1:17.0 | model really needed some significant tweaking. Or sometimes it's more than a tweak. Sometimes |
| 1:20.8 | their business model ends up being flawed, basically. You go through these experiences and you have to |
| 1:26.4 | ask, okay, how do I regroup? What did I learn? What am I going to do next, basically? As I said, |
| 1:33.2 | it's interesting to dive into the stories because this is where the learning is. As you go through |
| 1:38.9 | things in your life, I encourage you to ask, okay, what is the learning here? How am I going to apply |
| 1:43.6 | this to hopefully improve my business or my side usl, but also just to be a better person? |
| 1:49.2 | So, without further ado, today's short story features, John. John wanted to start a coupon |
... |
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