The first ever Young Female Entrepreneurs book club started last week! We are reading Melody Biringer’s Craving Success. Find out more about the Club and Melody’s book here: http://books.yfe.me. This is week two of four and you are just in time to jump in the conversation. Your fourth set of discussion questions are below (check out week one set 1 and set 2), prepared by moderator Jessica. You still have time to buy the book (ebook) and jump in.
Week 2: Part 2 of YFE Book Club
No one likes to deal with failure in any area of life but as young business owners we will have to learn to live with it especially at the beginning stages of our ventures. It might feel like a huge downer to realize that failure is a big part of entrepreneurship but no worries – failing is actually where the business opportunities lie.
When something doesn’t work we might find that if we revisit the issue from a new perspective that we come up with a solution that not only answers our current plight’s questions but also opens the doors to many other opportunities and dreams. The trick is learning to fail FAST!
Melody is a tremendous example of failing fast, getting back up to dust her shoulders off and moving on to the next big idea. A big part of Craving Success is dedicated to this form of hands-on-training. In Chapter 12, Melody discusses her failures and how she realized that failing fast was the best way to do it. How many of you prototype your businesses and test prior to launch? What processes and/or resources have been helpful for you in learning to fail fast?
About Jessica Newell
With an extensive background in both dance and business administration along with a growing knowledge of design (both interior and otherwise) Jessica is in the founding stages of bringing J Newell Media, LLC a Boutique Online Media Firm to the light of day. [more...]