Why my first business failed - and how to avoid the same thing happening to you
How and why my first business in the publishing world was created - a blog, and a digital/print magazine
The six reasons that this business ultimately failed and how I ended up experiencing severe burnout
Crucial tips that you can implement in your business, in order to line yourself up for long-term success
A reminder about The Creative Business Clinic, a Q&A segment coming at the end of each episode
On this episode of a Cup of Something Lovely, we’re exploring the history and the ultimate failure of my first baby business, which was established in my early twenties, right at the start of my career.
I’ll be reflecting on why it didn’t work but more importantly, the key things that I wish I’d done differently, in order to make it a success. This episode is packed full of key learnings and tips, perfect for the early-stage entrepreneur in their first few years of business.
It's never an easy thing to admit that you've failed. For me, especially. I can't stand it. I'm quite the perfectionist at heart and I'm naturally imbued with a tenacity to excel. So when I can't do something, or it doesn't go to plan, I can definitely feel frustrated.
The failure of my first business took my tolerance for failure to the limit. So much so that I actually ended up walking away from entrepreneurship entirely for around 7 years, before finally revisiting it with Ebb, Flow & Grow. I felt so ashamed that it hadn't worked out but I'm now able to reflect on why this happened, with so much more insight and maturity.
I've extracted the key learnings and pitfalls that impacted my first business, and created this episode to help you avoid experiencing the same thing with yours.
I hope you find this one super useful and if you keep scrolling down, you can actually still find a link to one of my digital magazine copies.
I really hope you've enjoyed this episode!
Here's a selection of useful links and any resources mentioned in the podcast:
Our main website - to discover our latest offerings + support options: www.ebbflowandgrow.com
Our socials - to connect with Laura + to submit your CBC questions: www.instagram.com/ebbflowandgrow
A digital copy of Dotty Magazine - if you fancy a trip down memory lane: Find it here
To ensure A Cup of Something Lovely is as accessible as possible, we're also pleased to provide the full episode transcript. This provides you with a full written version of this episode. You can access it by hitting this button.
"As things broke down over the final months of Dotty being in existence, I was heartbroken, seeing that this amazing and beautiful business just wasn’t going to make it long-term. I’m sad that most likely one of the biggest things that stood in my way at the time was me."
I'm Laura - and it's lovely to meet you.
I'm a Creative Business Coach - I've been building my business since the end of 2019 and this year, we've successfully and soulfully scaled to six figures.
Now, my journey hasn't been linear. A toxic experience in corporate, redundancy during the COVID pandemic and 1.5 years running my business as a digital nomad on the road.
I'm here to support you transform your life and business - from corporate and conventional, to connected and creative - just like I did.
A Cup of Something Lovely brings together my adventures and experiences - and every episode is designed to inspire and encourage.
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