Passage to Profit Show - Road to Entrepreneurship Entrepreneurial Secrets: Fails Lead to Breakthroughs, Say Yes First, Figure It Out Later + More
5 snips
May 26, 2025 Discover how failures can lead to unexpected breakthroughs in business. Learn why saying 'yes' can be a game changer. Understand the crucial role of knowing your numbers and limits for success. Hear inspiring stories, including a QVC opportunity sparked by wedding invites. Delve into essential startup advice on financial acumen and leveraging marketing strategies. Embrace the pursuit of new opportunities and adapt to the ever-changing landscape of entrepreneurship.
AI Snips
Chapters
Transcript
Episode notes
Honesty About Skills
- Be honest about what you are good at and what you lack in your business.
- Surround yourself with people who have skills you are missing to succeed.
Innovation From Failure
- Unexpected failures can lead to breakthroughs if you explore them thoughtfully.
- Sandy's postdoc innovation came from testing a failed sample that solved his problem.
Say Yes to Opportunities
- Saying yes to unexpected opportunities can create new business paths.
- Stephanie said yes to a QVC vendor rep and sold gifts there for eight years.