Your failed ventures?

2 replies
A similar question was asked on another forum. Everyone talks about how they made it big with their website and products.

But what about your failures. Personally I have 2 websites that have eaten the dirt. I'd like to think of them as spontaneous purchases which I owed to inexperience.

My first fail was a website similar to the The Million Dollar Homepage.com which never made money, and the second was a directory website.

But you learn from your mistakes...
#failed #ventures
  • Profile picture of the author LMC
    I have had over 100 successful sites, but over 300 failures in all my Internet Marketing history...

    I've started:

    - Niche Search Engines
    - Social Networks
    - Ad Networks
    - Software
    - Memberships
    - VRE
    - Adsense Sites

    Each time I tried a new venture or new type of business model I failed first. Then tried again, and failed again. However, every time I failed I made a couple dollars more.

    It took me two years of failing... that is a lot of rejection.

    The worst failure was...three years ago I built a list of 5,000 real estate agents, and was playing around with my new auto-responder and accidentally sent out the promotion emails and 500 agents signed up, however, I had nothing ready.

    The money lit up into my eyes because it was a $29.95/Month membership, and I had a little over $13,000 sitting in my paypal account that would come to me monthly.

    So, I tried to get the product/software out to them. I don't even want to think about how many things went wrong trying to speed development, soon before I knew it a month went by, I had 100 complaint emails, and everyone got billed again. $27,000 or so sitting in paypal.

    Finally, after 6 weeks of horror, we emailed everyone, and explained them the situation and refunded everyone... we eventually got the product/software out, two months later, but only 100 individuals signed up from the list.

    This is a failure, for if I emailed everyone and said I made a mistake, we are not ready, and won't be ready till XX/XX then maybe that business would of continued to make $13,000/M instead of $3,000.
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  • Profile picture of the author writergirlk
    I prefer not to think of them as failures, but part of the learning curve. I wonder how many times I screwed up forming an A back when I learned how to write... Those weren't failures and my ventures that haven't worked... well it's the same thing as that!
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