Black Entrepreneur Blueprint: 49 - Jay Jones - 8 Lessons I Learned From One Of My Recently Failed Businesses

BLACK ENTREPRENEUR BLUEPRINT

Jay Jones

Blackenterprise, Blackbusinesspodcast, Bestblackpodcast, Marketing, Entrepreneurship, Blackinterviews, Blackentrepreneur, Africanamericanentrepreneurs, Blackentrepreneurinterviews, Blackentrepreneurblueprint, Blackpodcastshows, Business, Blackbusiness, Jayjones, Africanamericanbusiness, Africanamericanbusinesspodcast, Denniskimbro

4.8 • 673 Ratings

🗓️ 22 June 2015

⏱️ 47 minutes

🔗️ Recording | iTunes | RSS

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Summary

"8 Lessons I Learned From One Of My Recently Failed Businesses" Join us as Jay discusses one of his recent business failures and what crucial information he learned. If you are an entrepreneur, don't be afraid to fail; as failure teaches you just as much as success. Jay discusses some real lessons such as having realistic expectations, knowing your critical numbers, and knowing when to shut the light off for good. This is a great episode for all entrepreneurs.

Transcript

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0:00.0	Hello and welcome to the Black Entrepreneur Blueprint Show.
0:21.5	I am your host, Jay Jones.
0:24.5	Black Entrepreneur Blueprint was created specifically to educate and inspire black entrepreneurs to launch, build, and grow successful businesses.
0:35.7	Join us as we help build an economic power base in the black community by promoting
0:40.8	business ownership.
0:42.9	If you are currently an entrepreneur, we will want to be an entrepreneur.
0:47.6	We invite you to join us every week here at Black Entrepreneur Blueprint.
0:59.2	Thank you. at Black Entrepreneur Blueprint. Welcome to the Black Entrepreneur Blueprint, episode number 49.
1:04.1	I'm your host Jay Jones, and today we have another great show installed for you.
1:08.4	Today we're going to do a little something different.
1:10.6	I'm going to be on the
1:11.6	solo today and I've gotten several emails over the past couple of months. I had made a comment
1:18.6	before that sometimes you can learn more from your failures than you can from your successes.
1:24.9	And I got in a couple emails asking me about my failures and what I've learned.
1:30.6	So today I'm actually going to do a case study. And today's topic is eight lessons I learned
1:36.9	from one of my recently failed businesses, a case study. That's right, guys. Jay Jones doesn't
1:42.8	always hit it right either. So I have several
1:45.3	businesses. My main business obviously is my digital advertising business that I have. I also
1:51.6	had mentioned to you before that I'm starting a new brand of products and we're going to be
1:57.2	doing a webinar on that shortly the product brand just came out
2:01.8	and I'm waiting to get a little more data before we start doing our webinar because I did
2:06.9	mention before that we don't necessarily have to start businesses that are service businesses
	...

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