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Failure Before Success – Advice for starting my 5th business – Ask Evan


hi I’m Evan Carmichael welcome to

hi I’m Evan Carmichael welcome to another edition of ask Evan in today’s

another edition of ask Evan in today’s

another edition of ask Evan in today’s episode I’m going to answer question

episode I’m going to answer question

episode I’m going to answer question from one of my newsletter subscribers

from one of my newsletter subscribers

from one of my newsletter subscribers Chris who is starting his fifth business

Chris who is starting his fifth business

Chris who is starting his fifth business he’s had all his other businesses fail

he’s had all his other businesses fail

he’s had all his other businesses fail his wife is threatening to leave him if

his wife is threatening to leave him if

his wife is threatening to leave him if this business doesn’t worked out he

this business doesn’t worked out he

this business doesn’t worked out he started a new company he’s been working

started a new company he’s been working

started a new company he’s been working 80 hours per week and is shut down

80 hours per week and is shut down

80 hours per week and is shut down because he’s working too much his body’s

because he’s working too much his body’s

because he’s working too much his body’s shutting down on him and he started a

shutting down on him and he started a

shutting down on him and he started a new business now he has total and

new business now he has total and

new business now he has total and familiarity with and wanted my advice on

familiarity with and wanted my advice on

familiarity with and wanted my advice on how to get it going to succeed so that

how to get it going to succeed so that

how to get it going to succeed so that no saves its business ages marriage and

no saves its business ages marriage and

no saves its business ages marriage and has a happy life this is a tough one and

has a happy life this is a tough one and

has a happy life this is a tough one and I’m really sorry that’s kind of gotten

I’m really sorry that’s kind of gotten

I’m really sorry that’s kind of gotten at this point where it’s so serious with

at this point where it’s so serious with

at this point where it’s so serious with your wife and all these failed

your wife and all these failed

your wife and all these failed businesses before the biggest thing that

businesses before the biggest thing that

businesses before the biggest thing that is challenging for me is that you have

is challenging for me is that you have

is challenging for me is that you have no familiarity with this business and

no familiarity with this business and

no familiarity with this business and and one thing that you see from

and one thing that you see from

and one thing that you see from successful entrepreneurs is the ones who

successful entrepreneurs is the ones who

successful entrepreneurs is the ones who really make it are the ones who have a

really make it are the ones who have a

really make it are the ones who have a strong passion fourth of doing so they

strong passion fourth of doing so they

strong passion fourth of doing so they really get their business and they’re

really get their business and they’re

really get their business and they’re really excited about doing it and they

really excited about doing it and they

really excited about doing it and they know everything of the experts in their

know everything of the experts in their

know everything of the experts in their field so if you have a total unfamiliar

field so if you have a total unfamiliar

field so if you have a total unfamiliar arity with it what I would suggest is

arity with it what I would suggest is

arity with it what I would suggest is try to find somebody who knows that

try to find somebody who knows that

try to find somebody who knows that business and partner up with them and

business and partner up with them and

business and partner up with them and get somebody involved who can do the

get somebody involved who can do the

get somebody involved who can do the things that you not quite sure about and

things that you not quite sure about and

things that you not quite sure about and give them incentive to to do that job

give them incentive to to do that job

give them incentive to to do that job well ideally would be start a business

well ideally would be start a business

well ideally would be start a business that you are passionate about and you

that you are passionate about and you

that you are passionate about and you have some connections with and you feel

have some connections with and you feel

have some connections with and you feel you can add a lot of value you know to

you can add a lot of value you know to

you can add a lot of value you know to start making money the amount of money

start making money the amount of money

start making money the amount of money you’re going to make is going to be in

you’re going to make is going to be in

you’re going to make is going to be in direct proportion to how much you value

direct proportion to how much you value

direct proportion to how much you value out to people so the more you help

out to people so the more you help

out to people so the more you help people the more value can add the more

people the more value can add the more

people the more value can add the more money you can make and that usually

money you can make and that usually

money you can make and that usually comes from really knowing your industry

comes from really knowing your industry

comes from really knowing your industry and something you’re really excited

and something you’re really excited

and something you’re really excited about so you know with this new business

about so you know with this new business

about so you know with this new business think about how can you add as much

think about how can you add as much

think about how can you add as much value to potential customers as possible

value to potential customers as possible

value to potential customers as possible and what might help is is building

and what might help is is building

and what might help is is building around the customer so I don’t know what

around the customer so I don’t know what

around the customer so I don’t know what the new business is but try to find a

the new business is but try to find a

the new business is but try to find a customer ideally a business customer who

customer ideally a business customer who

customer ideally a business customer who could be a repeat order for you

could be a repeat order for you

could be a repeat order for you and try to make yourself an

and try to make yourself an

and try to make yourself an indispensable part of your business you

indispensable part of your business you

indispensable part of your business you know if you’re working with a company

know if you’re working with a company

know if you’re working with a company and they see you as being indispensable

and they see you as being indispensable

and they see you as being indispensable you’re adding so much value to them

you’re adding so much value to them

you’re adding so much value to them you’re helping them out so much they’re

you’re helping them out so much they’re

you’re helping them out so much they’re going to keep wanting to work more with

going to keep wanting to work more with

going to keep wanting to work more with you tell their colleagues about you you

you tell their colleagues about you you

you tell their colleagues about you you know increase the contract size give you

know increase the contract size give you

know increase the contract size give you more work so it’s a great potential

more work so it’s a great potential

more work so it’s a great potential opportunity if you can sell to a

opportunity if you can sell to a

opportunity if you can sell to a business and build around their needs

business and build around their needs

business and build around their needs instead of just launching and hoping

instead of just launching and hoping

instead of just launching and hoping that people will come and buy for me so

that people will come and buy for me so

that people will come and buy for me so I hope that helps you’re maybe not the

I hope that helps you’re maybe not the

I hope that helps you’re maybe not the news you wanted to hear but we’ll try to

news you wanted to hear but we’ll try to

news you wanted to hear but we’ll try to find something you really love about

find something you really love about

find something you really love about this business and do that be that person

this business and do that be that person

this business and do that be that person in your company and get other people

in your company and get other people

in your company and get other people around you who can you know share the

around you who can you know share the

around you who can you know share the load of the things that you’re not good

load of the things that you’re not good

load of the things that you’re not good at or don’t know about it you know you

at or don’t know about it you know you

at or don’t know about it you know you don’t have the knowledge and hopefully

don’t have the knowledge and hopefully

don’t have the knowledge and hopefully that will help you be able to get this

that will help you be able to get this

that will help you be able to get this company off the ground and get you to

company off the ground and get you to

company off the ground and get you to the point in your life that you’re

the point in your life that you’re

the point in your life that you’re you’re really happy about so I hope that

you’re really happy about so I hope that

you’re really happy about so I hope that helps if you guys liked the video please

helps if you guys liked the video please

helps if you guys liked the video please give it a thumbs up below if you have

give it a thumbs up below if you have

give it a thumbs up below if you have some other thoughts for Chris’s well I’d

some other thoughts for Chris’s well I’d

some other thoughts for Chris’s well I’d love to see it or if you have your own

love to see it or if you have your own

love to see it or if you have your own question feel free to leave a comment

question feel free to leave a comment

question feel free to leave a comment under the video and we’ll see you on the

under the video and we’ll see you on the

under the video and we’ll see you on the next episode

”

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