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Speaker 1: What's up? This is the people shark Haired Damon John

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Speaker 1: and I am here with a motivation moment for you

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Speaker 1: courtesy of that moment with Damon John, a production of

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Speaker 1: The Black Effect podcast Network and iHeart So here's the fact.

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Speaker 1: According to a small bisbee Is Trends report, one in

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Speaker 1: four entrepreneurs fail at least once before succeeding. All right, well,

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Speaker 1: let me tell you something. Failure is scary, and I

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Speaker 1: think they failed way more than one time before succeeding.

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Speaker 1: They probably failed one time in that business, but you

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Speaker 1: know how many other times they probably have failed. But

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Speaker 1: they weren't actually in business. They just had an idea.

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Speaker 1: I closed Foo Woo down three times from eighty nine

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Speaker 1: to ninety two because I kept running out of money.

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Speaker 1: But the important thing was two things you could take

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Speaker 1: away from this. Number one, if they fail and they

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Speaker 1: come back, that means they failed small affordable steps they

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Speaker 1: were able to recover from it. And number two is

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Speaker 1: they didn't look at it as a failure. They looked

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Speaker 1: at it as maybe a hurdle, a temporary moment, a

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Speaker 1: way they learned to be smarter. You see, when you

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Speaker 1: start a business, and maybe the first business you have

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Speaker 1: you don't have enough of your paperwork in order, and

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Speaker 1: that you close the business one now you have the

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Speaker 1: paperwork in order. The second time you open it up,

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Speaker 1: like I learned and foodble Well, I didn't have the

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Speaker 1: right manufacturing. Oh so what happens the third time? I

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Speaker 1: have the right paperwork, I have the right manufacturing. And

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Speaker 1: the third time, oh my god, I had something else missing,

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Speaker 1: not the right partners. And then it was the fourth

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Speaker 1: time was a charm. But I learned from that and

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Speaker 1: you can learn from it too. So take these things

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Speaker 1: away from me. Number one is take affordable steps. And

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Speaker 1: if you have to close or start over, you can

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Speaker 1: start over because you only lost a couple of dollars,

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Speaker 1: a couple of hours, or a couple of pieces of inventory.

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Speaker 1: And number two, don't look at it as a failure.

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Speaker 1: It is just a temporary hurdle. Tune in every Monday

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Speaker 1: and Tuesday four a new episodes of That Moment with

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Speaker 1: Damon John brought to you by the Black Effect Podcast Network.

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Speaker 1: Check it out wherever you get your podcasts.