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❓ASK My old business

MrUnderpants

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First to say hi this is my first post on beermoneyforum so Hi.
I wanted to know what businesses did you make but it didn't work in the end.Maybe your business idea can help someobody else.Example
I try to made online shop for pregnant woman because i thought the market is bad in my part of country i would order from AliExpress and try to sell bigger price but obviously it didn't work so i want to know what was your idea that didnt work
 
Mine was a food stall.. it's doing pretty good it's located outside a highschool so it's costumers are no problem but then the pandemic hits and everyone is homeschooling.. i just it's a failed because of the wrong timing of.pandemic
 
At this point I never really tried any offline business before, I am simply a freelancer/trader trying so hard to earn a living and saving more funds to establish my own offline and online business.
 
Mine was opening a football center. With many people involved in football games, I hoped to start a viewing center. But when I analyzed the cost and all, it didn't work.
 
The idea to open a clothing brand but currently im working in a Petroleum company. But in future i will start it. Everyone has a dream business in mind and i think we should go for it. Work hard for it until all your dreams fulfilled.
 
I started a blog but I did not know anything about it. Also the fact that I was doing an internship which required a lot of my time contributed to the failure.
 
Your business failed because your targeted audience is small. Only a small fraction of the population is pregnant, so obviously you wouldn't make much sales. You should have combined with other things.
 
Your business failed because your targeted audience is small. Only a small fraction of the population is pregnant, so obviously you wouldn't make much sales. You should have combined with other things.
Combining with other things may just lead to unnecessary distractions. I think the problem was strategy. Pregnant women are one class of people who will get something if they feel it's worth it.
 
First to say hi this is my first post on beermoneyforum so Hi.
I wanted to know what businesses did you make but it didn't work in the end.Maybe your business idea can help someobody else.Example
I try to made online shop for pregnant woman because i thought the market is bad in my part of country i would order from AliExpress and try to sell bigger price but obviously it didn't work so i want to know what was your idea that didnt work
This is actually a good idea, if I may ask how did you go about it? And what was the issue. Was it trying to attract traffic?
Or was the cost of you getting the products from AliExpress too much?
This is more like mini importation right??
 
I created an online v shop from the beginning to sell drinks , cloths but I got less amount of buyers because the competition was high , So i have to just quit
 
I've once created a business out of selling online game accounts or gold selling, Those businesses went well on the short run only though
 
I created an online v shop from the beginning to sell drinks , cloths but I got less amount of buyers because the competition was high , So i have to just quit
So sorry to hear that. No doubt there are a lot of competition when it comes to food and cloth related businesses. Have you tried integrating other goods into it?
 
So sorry to hear that. No doubt there are a lot of competition when it comes to food and cloth related businesses. Have you tried integrating other goods into it?
That's indeed true only in my location there are more than five different fast food restaurants not to mention the local ones around as well then before we start talking about the ones that usually hawk these food on wheelbarrow
 
To be sincerely, I have just tried a offline business recently and I didn't regret it. Though, it yet to give a good profit as that but I believe that it will keep growing gradually.
 
To be sincerely, I have just tried a offline business recently and I didn't regret it. Though, it yet to give a good profit as that but I believe that it will keep growing gradually.
That's the spirit, with time it would grow, many people tend to go Into various business with the mindset that they would start making profit immediately and when things do not go as they have planned, they get upset or angry. But in reality it takes time for a business to grow.
 
That's the spirit, with time it would grow, many people tend to go Into various business with the mindset that they would start making profit immediately and when things do not go as they have planned, they get upset or angry. But in reality it takes time for a business to grow.
Surely, I believe in it that it will grow to positive. I know and understand how the starting time of business would be. One has to work had to gain ground and good selling from a beginning.
 
There are some people that usually say they quit a business because of much competitors in the business or they don't get a much sell within a 4-6 month. I don't think quitting the business is the best thing, business beginner has to have a patience and keep hardworking.
 
Surely, I believe in it that it will grow to positive. I know and understand how the starting time of business would be. One has to work had to gain ground and good selling from a beginning.
Exactly, just keep on being creative, definitely there are competitions around you, find out what they do and improve on it to attract people, find out their weakness and upgrade it to benefit yourself.
 
My old business was selling of clothes, boxers and palm slippers. I was then moving from place to place, office to office to make sure I deliver to my customers.
 

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