What are ways in which you have failed at making money?

Toolman89 · #1 02-01-2018

Your failed attempts. I tried to make a dog gift box subscription site like www.barkbox.com

Completely failed. Lost about 5k, but the extra stock was helpful in getting stealths up and running.

H4ck · #2 02-03-2018

I realized that all my efforts in playing stealth for the last 4 years was worthless, I could have put all my money in bitcoin in 2009 and at the end become a multi-millionaire by just working at mcdonalds for 8 years until everything went all the way up last year.

rsot · #3 02-03-2018

Quote:

Originally Posted by jarsky541

I realized that all my efforts in playing stealth for the last 4 years was worthless, I could have put all my money in bitcoin in 2009 and at the end become a multi-millionaire by just working at mcdonalds for 8 years until everything went all the way up last year.

Hindsight is always 20/20 eh...ugh

GreenBean · #4 02-03-2018

Yet no mention of any failures from rsot.... ugh.

GreenBean · #5 02-03-2018

Brother begged I help him with his second last failure.

He was flogging off spare parts of the Asian variety. He wanted them BAGGED.

I spent hours sewing bags, breaking sewing machine needles,and he did not even sell enough to pay me.

I wanted another lot of cryptos.... he did not bite

There will be a next time.

Toolman89 · #6 02-03-2018

Quote:

Originally Posted by jarsky541

I realized that all my efforts in playing stealth for the last 4 years was worthless, I could have put all my money in bitcoin in 2009 and at the end become a multi-millionaire by just working at mcdonalds for 8 years until everything went all the way up last year.

So what's the 2009 version of bitcoin in 2018? VR Chat? Short the Euro until it collapses?

jakobrockz · #7 02-03-2018

I failed with my shopify store

mine · #8 02-04-2018

Quote:

Originally Posted by Toolman89

So what's the 2009 version of bitcoin in 2018? VR Chat? Short the Euro until it collapses?

What's an investment option where the vast majority claim it will go nowhere in future?

rsot · #9 02-06-2018

Quote:

Originally Posted by GreenBean

Yet no mention of any failures from rsot.... ugh.

When I first started my side consultant business, I went and bid on large contracts that I would not win - lost quite a bit of money in the process of travelling, hiring tech and graphic design help, etc.

Auctionking · #10 02-27-2018

Selling books on amazon dba. Lol. Wht a waste of time

Auctionking · #11 02-27-2018

Fba.....
.

Canadianleaf · #12 03-02-2018

Quote:

Originally Posted by Auctionking

Fba.....
.

Hell, I still have hundreds of FBA items on my suspended account from summer of 2017

The FBA removal has been "processing" for 7 months!

Thats like $5000 sitting lost somewhere in a warehouse. I've had at least 30 cases over this timeframe and a dozen phone calls. Amazon FBA is ****ED!

Auctionking · #13 03-02-2018

It is good for high volume new items. But that is it. One offs are not worth it

yankee · #14 03-02-2018

I think I have failed at everything I have ever been successful at. The best education you can get is learning from your failures.

ebaystealth1974 · #15 03-02-2018

^^^ SOOO much this!

phaz0rz · #16 03-02-2018

Quote:

Originally Posted by Canadianleaf

Hell, I still have hundreds of FBA items on my suspended account from summer of 2017

The FBA removal has been "processing" for 7 months!

Thats like $5000 sitting lost somewhere in a warehouse. I've had at least 30 cases over this timeframe and a dozen phone calls. Amazon FBA is ****ED!

You should keep an eye on 888lots.com because there's a good chance your "lost" inventory will end up for sale there.

walkingupwards · #17 03-02-2018

Quote:

Originally Posted by Toolman89

So what's the 2009 version of bitcoin in 2018? VR Chat? Short the Euro until it collapses?

The cryptocurrency war is over and Bitcoin had already won. I think in the near future we will see Bitcoin getting scrapped and replaced by tokens such as Ripple, these tokens will be used by banks as a feature from the future that will make them even more profits.

Bitcoin had not been regulated from the beginning and the big players really do hate it > expect major crackdowns to follow in the next few months.

I personally think that people who invested in Bitcoin when it sold for pennies are the luckiest people that ever walked the surface of this planet.

I personally think there is no more money to made off Bitcoin, the game is simply over.

walkingupwards · #18 03-02-2018

Quote:

Originally Posted by phaz0rz

You should keep an eye on 888lots.com because there's a good chance your "lost" inventory will end up for sale there.

Amazon has a special paragraph in their terms of service which reads something like this:

"If we detect that you are doing something illegal on Amazon (i.e: fraud), we might forfeit your money indefinitely"

Seems like they're kicking a lot of sellers and keeping both their money and inventory.

Gladiator · #19 03-02-2018

Quote:

Originally Posted by yankee

I think I have failed at everything I have ever been successful at. The best education you can get is learning from your failures.

Same.

I’m a bit of a basketball nut and always loved this quote:

“I have missed more than 9,000 shots in my career. I have lost almost 300 games. On 26 occasions I have been entrusted to take the game winning shot, and I missed. I have failed over and over and over again in my life. And that is why I succeed.” - Michael Jordan

I’ve lost shops and failed meeting my own expectations but I kept on going and I’m still in the game because I didn’t let the losses define me.

newjerseymax · #20 03-02-2018

I failed miserably at being a male prostitute.

Apparently they expect you to be good looking and in shape.

Mygadgets · #21 03-02-2018

focus on the positives, not the negatives.

rsot · #22 03-02-2018

The thanks are nice touch on the thread - classy