What To Do When a Business Idea Fails | Episode 118
She's Equipt with Jennifer Allwood | The Christian Business Coach for Women
Jennifer Allwood: Christian Business Coach
4.9 • 1.9K Ratings
🗓️ 29 May 2019
⏱️ 16 minutes
🧾️ Download transcript
Summary
Business failure is not always a fun topic, but there is sooooo much to learn when we have a business idea that doesn't work out. I have been there and I know that God uses failures to teach us, to motivate us, and to shift us. So if you have had a business idea fail, first know that you did not fail, the idea failed. Separate yourself from the failure. Then pick yourself up and get back to it. I hope this episode is exactly want some of you need to hear today!
Show Notes
- Podcast Episode 79 | Making a Pivot in your Business - Sometimes when a business idea fails, it is God's way of showing you it is time to make a pivot in your business. You can listen to more about pivoting in this episode.
- Podcast Episode 113 | 4 Questions to Ask Yourself if Sales are Slow - Related Episode on what to do if sales are not where you want or need them to be. Maybe your business idea didn't fail, you just need to make some changes in who you are selling to or the price or the timing.
- If you are ready to move beyond any past failures and grow your business, I would love to have you in my monthly group where I help you grow your social media following or in my course where I teach you 6 ways to make money online. Sign up for the waitlist so you are notified next time they are open - Inner Circle monthly group and Creators' Roadmap course.
- Email us at podcast@jenniferallwood.com if you have any questions or inquiries!
Transcript
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| 0:00.0 | Hey friend this is Jennifer and this is the Jennifer Allwood show the |
| 0:03.2 | podcast for women who want to learn how to live an intentional life or |
| 0:06.4 | build their creative business. I'll be giving you my very best business tips, |
| 0:10.3 | bringing you interesting guests, giving you a daily dose of Jesus, |
| 0:13.0 | and I'm committed to always keeping it real. |
| 0:15.0 | Grab a cup of coffee and let's dive in. |
| 0:17.0 | I'm so honored that you're here. |
| 0:19.0 | Hey friends, it's Jennifer. Welcome back to the podcast this week. I'm super |
| 0:25.3 | excited to chat with you and we're going to talk today about what to do in a |
| 0:28.6 | business idea fails or how do you pick yourself back up and brush yourself off when you've |
| 0:34.3 | failed in business and you really want to be an entrepreneur and you you really |
| 0:40.8 | want to try again. |
| 0:43.0 | You know, in coaching over 2,000 business owners every month, |
| 0:45.7 | I get to see firsthand, up close and personal |
| 0:48.1 | on my inner circle, a lot of people who don't have success |
| 0:50.9 | all the time. |
| 0:51.4 | And by the way, me too, don't have success all the time and by the way me too don't have success all the time and so often |
| 0:57.0 | people get a little gun shy afterwards they've had something that's failed |
| 1:02.1 | and then they worry about trying to start back up or they get so concerned about feeling that they never get started in the first place. |
| 1:09.0 | So today we're just going to talk a little bit about what to do when your first idea or your second or your |
| 1:15.3 | 27th idea doesn't work out quite the way that you plan. But first I want to |
| 1:20.3 | share with you a review over on iTunes and this review is from a business called Chigger Hill Cottage. |
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