article thumbnail

30 Entrepreneurs Reveal Their Favorite Business or Entrepreneur Turnaround Story

Hearpreneur

We asked entrepreneurs and business owners about their best business or entrepreneur turnaround story and here are the responses. #1- My favorite entrepreneur turnaround story is that of Lord Alan Sugar. Seven years ago I launched a business that would eliminate my savings and push me to the verge of bankruptcy within 18 months.

article thumbnail

6 Mistakes Often Made By Entrepreneurs Due To Passion

Startup Professionals Musings

As an entrepreneur mentor and startup investor, I see with sadness the 50 to 90 percent that fail. More than one smart entrepreneur has been caught in the lofty lifestyle of big money investors, viral growth, and movie star status. But I’m not convinced that it’s as simple as that. Fail fast and pivot. Marty Zwilling.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

7 lessons we learned from the bankruptcy of Whatser

The Next Web

Although we got some early traction, we were unable to prevent a bankruptcy from happening in October 2011. We are currently in the middle of a restart and would like to share our seven lessons learned in the hopes that other entrepreneurs can benefit from our experiences and increase their chances for success.

article thumbnail

6 Ways To Doom Your Startup Despite A Great Solution

Startup Professionals Musings

As an entrepreneur mentor and startup investor, I see with sadness the 50 to 90 percent that fail. More than one smart entrepreneur has been caught in the lofty lifestyle of big money investors, viral growth, and movie star status. But I’m not convinced that it’s as simple as that. Fail fast and pivot. Marty Zwilling.

article thumbnail

15 Entrepreneurs Explain Why They Started Their Business

Hearpreneur

Then I realized what that qualifies me to be: an entrepreneur. Entrepreneurs have to wear a hundred different hats, be good at dozens of skills. Armchair philosophy aside, I truly believe that people with diverse skills, people who are well-rounded and good-but-not-great in many areas can make perfect entrepreneurs.

article thumbnail

Twitter Link Roundup #51 – Small Business, Social Media, Design, Copywriting, Marketing And More

crowdSPRING Blog

10 things about kids from which entrepreneurs can learn – [link]. There, I Said It: Screw Viral Videos – [link]. Bankruptcy is what happens when business dinosaurs ignore or delay the need to evolve – [link]. Marketing Is About Values – [link]. Marketing Is About Values – [link]. – [link].

article thumbnail

6 Ways Startups Are Fooled By Prior Business Models

Startup Professionals Musings

As an entrepreneur mentor and startup investor, I see with sadness the 50 to 90 percent that fail. More than one smart entrepreneur has been caught in the lofty lifestyle of big money investors, viral growth, and movie star status. But I’m not convinced that it’s as simple as that. Fail fast and pivot. Marty Zwilling.