Conjecting
Banned - Multiple Rules Violations
- Oct 31, 2021
- 759
- 1,554
It's ya boy xShot. And I fucked up.
The reason I’m writing this thread is because I figured the silver lining to my mistake would be sharing my experience, so you guys can understand how to learn from failures. I can honestly say with a full chest that if you learn how to handle failures, you'll be one step closer to your biggest win.
Essentially I had a (what I thought at the time was) genius side project idea. It isn't hard to figure out from my previous posts that it involved selling verified Amazon reviews, and I was going to pair this with a separate service that I already offer and sell it as a monthly package. I had even pre-sold existing clients of mine who were extremely interested in the service, and knew I'd be able to sign ~100 people up right away. Not only this, but I knew there was a big market for it due to my previous experience in ORM, and I always see people claiming to be able to deliver Amazon reviews on the forum, so I didn't think too much about finding a supplier.
I ended up investing time, money, and resources into developing my marketing plan (as I always do when I have a new idea). This involved the construction of landing pages, funnels, buying multiple social accounts, hiring copywriters, introducing the new method to my VA's, and much more. Once again, this is standard practice for me and nothing out of the ordinary. I understand that it takes investment to launch a new business/method.
I grinded hard - day and night to get everything set up so I could begin acquiring clients. Within about 1 month, I was ready to rock and roll. The last step was to find somebody who could deliver the reviews. And guess what...
It's damn near fucking impossible. Nobody can do it. I went through multiple sellers, on and off the forum. Sure, it's possible to get a few cheap reviews slapped on a product that are unverified and written in broken English... but verified USA reviews in bulk that are relevant to the product? Nope. There was literally only one person who could do this on the forum, and after speaking with him and laying out my entire business plan in great detail, he rejected the idea of a partnership. I'm not going to call the member out publicly, but it still astounds me that he basically turned down a free influx of regular clients.
Eventually, I even ended up involving other business partners so we could determine a way to handle fulfillment ourselves. These efforts were ineffective. It's simply a service that can't be provided at a higher level, and even if I spent more money figuring out how to deliver it on my own, it would inevitably cut into my profits to the point where it wouldn't be worth it.
I had a business built for a service I couldn't deliver. Money, resources, and most importantly, time down the drain. Not only this, but due to focusing a large portion of my time on this new endeavor, many of my other established brands suffered.
At this point, I've accepted the loss. That being said, I have never once failed and have not determined a reason why I failed, to prevent it from happening again. I realize that in this particular case I put the cart before the horse, and I should have ensured that I had a supplier/business partner that could deliver the aforementioned service before creating the infrastructure to make things work.
Whenever something doesn't go according to plan, rather than giving up:
ALWAYS DETERMINE WHY THINGS DIDN'T TURN OUT HOW YOU WANTED THEM TO.
If you do this, you increase your chances of success ten fold on your next method/business/idea.
I hope these words of wisdom help at least 1 person out there.
The reason I’m writing this thread is because I figured the silver lining to my mistake would be sharing my experience, so you guys can understand how to learn from failures. I can honestly say with a full chest that if you learn how to handle failures, you'll be one step closer to your biggest win.
Essentially I had a (what I thought at the time was) genius side project idea. It isn't hard to figure out from my previous posts that it involved selling verified Amazon reviews, and I was going to pair this with a separate service that I already offer and sell it as a monthly package. I had even pre-sold existing clients of mine who were extremely interested in the service, and knew I'd be able to sign ~100 people up right away. Not only this, but I knew there was a big market for it due to my previous experience in ORM, and I always see people claiming to be able to deliver Amazon reviews on the forum, so I didn't think too much about finding a supplier.
I ended up investing time, money, and resources into developing my marketing plan (as I always do when I have a new idea). This involved the construction of landing pages, funnels, buying multiple social accounts, hiring copywriters, introducing the new method to my VA's, and much more. Once again, this is standard practice for me and nothing out of the ordinary. I understand that it takes investment to launch a new business/method.
I grinded hard - day and night to get everything set up so I could begin acquiring clients. Within about 1 month, I was ready to rock and roll. The last step was to find somebody who could deliver the reviews. And guess what...
It's damn near fucking impossible. Nobody can do it. I went through multiple sellers, on and off the forum. Sure, it's possible to get a few cheap reviews slapped on a product that are unverified and written in broken English... but verified USA reviews in bulk that are relevant to the product? Nope. There was literally only one person who could do this on the forum, and after speaking with him and laying out my entire business plan in great detail, he rejected the idea of a partnership. I'm not going to call the member out publicly, but it still astounds me that he basically turned down a free influx of regular clients.
Eventually, I even ended up involving other business partners so we could determine a way to handle fulfillment ourselves. These efforts were ineffective. It's simply a service that can't be provided at a higher level, and even if I spent more money figuring out how to deliver it on my own, it would inevitably cut into my profits to the point where it wouldn't be worth it.
I had a business built for a service I couldn't deliver. Money, resources, and most importantly, time down the drain. Not only this, but due to focusing a large portion of my time on this new endeavor, many of my other established brands suffered.
At this point, I've accepted the loss. That being said, I have never once failed and have not determined a reason why I failed, to prevent it from happening again. I realize that in this particular case I put the cart before the horse, and I should have ensured that I had a supplier/business partner that could deliver the aforementioned service before creating the infrastructure to make things work.
Whenever something doesn't go according to plan, rather than giving up:
ALWAYS DETERMINE WHY THINGS DIDN'T TURN OUT HOW YOU WANTED THEM TO.
If you do this, you increase your chances of success ten fold on your next method/business/idea.
I hope these words of wisdom help at least 1 person out there.