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My List of online business FAILURES (and why they failed)!

Discussion in 'Black Hat SEO' started by randybishop, Jun 15, 2017.

  1. randybishop

    randybishop Elite Member

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    Wanted to share my experiences failing, failing teaches you lessons to (hopefully) win someday.

    Here are my list of online business failures and why I think they failed

    2012: Wordpress video tutorial website

    Background: I was learning wordpress. I was having a hell of a time setting up a wordpress multisite, there was just not that much information to be found on how to do it. Most of the time I was going to youtube to watch tutorial videos. There was no one youtube channel that had a comprehensive list of WP tutorial videos and it was a pain to search them out on youtube. So my idea was to make a website that collected the best WP tutorial videos. I bought a premium WP theme that could search and import youtube videos for $80. $80 at the time was a huge expense for me, but I reasoned that I could make my money back....somehow.

    Why it Failed: I did not understand the amount of work involved to curate videos from youtube. I reasoned that I did not have to create the videos myself, it would be easy. Not so! It was time consuming and boring, tedious work. Plus it was bound to fail because I had no understanding of keyword research. The WP theme was pulling duplicate title and descriptions, which would make my site invisible in google. In addition I had no plan to monitize the site even if it did get any traffic. I figgured that I would learn how to make money with the site AFTER I got some visitors. I didn't have a clue.

    2015: Marijuana entertainment site / E-commerce Vape site combo

    Background: Yeah, look at my avatar, I love weed. So, I thought, I would create a cannabis entertainment website. That would be something I would enjoy and I had been reading and learning BHW and other sources for a couple of years absorbing information. I wanted to try again and this time I had a plan decent plan (I thought). I had recently switched to vaping weed instead of smoking it and I thought there was an opportunity in selling weed vaporizers. I built a e-commerce site and found a dropshipper for vaporizers. The site looked great and I re-wrote the item descriptions (major PITA), but it became apparent that ranking an e-commerce site is difficult. It only has brief 100-300 word product descriptions and google likes long content. So I reasoned that I had two options: 1) Create a blog on the e-commerce OR 2) Create another weed entertainment site and put ads on the entertainment site for my e-commerce site. I went with option #2 because vape sites are somewhat in a legal grey area kind of like headshops, the vapes are suppose to be for tobacco. So I thought it would be easier to create a weed entertainment site and have the freedom to write articles about all things weed and not be encumbered with the legality of the e-commerce vape sites.

    Why it Failed: Mostly because selling vapes online is highly regulated. You have to get a high risk credit card processor. No paypal or stripe payments and much more expensive to process payments. Finding a payment gateway that was not a scam took months. Finding a good dropshipper took months. The first sale I had I got scammed for $230. Stolen credit card and I was left paying for the vape. The problem was that the payment gateway was for pros and I did not set it up to restrict credit card transactions that could be fraudulent. Also, I had ranked a few good keywords on my marijuana entertainment site but ranking stalled and it seemed like I was in google purgatory. The last straw was when I was sent a notification that Mastercard was creating new compliance standards for vape sellers that included a $500 annual fee to process cards. After learning that, I pulled the plug.

    So, there is my list of failures.
    What are yours?
     
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  2. gman777

    gman777 Jr. VIP Jr. VIP

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    But if you know where you have failed, why don't you give it a new try?

    Imo, true failure is when you try something, then give up without even knowing why you've failed in the first place. Or when you figure it out, but you see that you have no chance. Like I did with sciatica.
     
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  3. BassTrackerBoats

    BassTrackerBoats Super Moderator Staff Member Moderator

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    Only 2?

    I must have 50 things I failed at online.
     
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  4. mickyfu

    mickyfu Jr. VIP Jr. VIP

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    Why it failed. The vast majority of pot heads have no money, because they are on the rock n roll and spend their money on weed.
     
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  5. CenTex Hosting

    CenTex Hosting Jr. VIP Jr. VIP

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    That is the nice thing about online. You can fail a ton before you hit a home run. I am willing to bet just about anyone on BHW that is making money now failed at some point on something. Learn, adapt and try again. That is how you make it online and in life.

    Best of luck to you.
     
  6. JV1999

    JV1999 Power Member

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    I remember all the things I tried to make money online. . . Clixsense, neobux. . . Ugh.
     
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  7. issorc

    issorc Jr. VIP Jr. VIP

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    I expected a bigger list too. I'm in for a bit more than a year now and I failed many more times. But it's fine as long as it leads you somewhere.
     
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  8. Panther28

    Panther28 Jr. VIP Jr. VIP

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    Home Page:
    tagged bot
    behance bot
    audio conversion website
    psd website
    ip rotator program
    music lyrics website

    could go on

    :cool:
     
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  9. Shandy

    Shandy Junior Member

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    Are you a pot head Fokker?
     
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  10. mickyfu

    mickyfu Jr. VIP Jr. VIP

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    No but my cat is and all he seems to do is bum around all day waiting to be fed, and sits there most of the time trying to lick what were his nuts.
     
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  11. Nut-Nights

    Nut-Nights Jr. VIP Jr. VIP

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    OP whats your current position ? Failure or you got success ?
     
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  12. aidenhera

    aidenhera Elite Member

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    wtf op. stop selling drugs.

    you can create blog with game hacks like me OP
     
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  13. JimR

    JimR Registered Member

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    Don't worry OP, I'm in the midst of failing my first project as we speak lol. Spent like $300 on GSA SER, domains, hosting, proxies, other stuff and realized that it takes a lot of time to really master everything.

    Still gonna keep going though, its still fun to learn all this
     
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  14. JustCash

    JustCash Marketplace seller Marketplace seller Premium Member

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    Thanks for sharing, it's always interesting to hear about people's failures, along with the success. I feel like I've failed at 100s of things I tried, but the thing is, you only need to have 1 thing get successful to be successful, that's why it's important to never give up. Cheers :)
     
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  15. Sick$Lara

    Sick$Lara Newbie

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    Erowid always say to drug users including sir hofman,michal shuglin etc ..

    KNOW YOUR BODY! KNOW YOUR MIND! KNOW YOUR SUBSTANCE!

    All i can say you ,

    Know your capacity! Know your competitor! Know how much work!

    BTW i also have a weed ecom and i am a big fan of hash.
     
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  16. GhostMint

    GhostMint Registered Member

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    Most people in IM fail a few times before they succeed, if they ever do succeed.

    I ended up getting smacked by the Penguin algorithm and my autopilot AdSense sites tanked overnight. SEO was so easy back then and a lot of us just thought it would stay like that forever.
     
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  17. Swisscheese

    Swisscheese Newbie

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    Hi Randy, PM your Skype I think I have something we can work on based on your experience
     
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  18. mastertanvir

    mastertanvir Junior Member

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    same question :)
     
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  19. xplosiv

    xplosiv Power Member

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    I didn't "fail" completely, because I started learning how to write sales copy early on... and I offered a few gigs on Warrior Forum years back for copywriting. At the end of the day, I learned how to write persuasively for a lot of different kinds of products and took it to the next level... creating my own WSO's! (and no they weren't pieces of shit, I just refused to overhype them though and still made money).

    But those ventures were short lived and my PayPal account got banned... then I tried Amazon kindle, and I scraped and spun a few self help books which actually made a few bucks. But I later got suspended and never bothered trying again.

    The way I found success was in a fairly small niche, I set up a website with a crappy review on it and totally forgot about it. Months later, I realized it was actually ranking for a term that gets like 30 searches a month (LOL) and I made a commission for like $20. I thought it was a fluke, but then sales started growing, and from there I redid the review, added more reviews, and then discovered the SEO secret sauce: shitloads of links. At the time, I didn't really understand jack shit about penguin or panda or other optimization and inevitably got slapped by Google.

    Anyway, about a year after that failure, I got my shit together and started banging out a new website in the same niche. It has grown and makes a pretty decent income now.

    I'm going to use it as a platform to launch another related website... would be a shame to have learned a lot of about SEO and marketing since then and not venture out! I feel the urge to cash in while our SEO methods and strategies are still working and Google hasn't completely fucked up the serps with shitty ads and knowledge boxes and other whathaveyou's.
     
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  20. Emily Hilscher

    Emily Hilscher Newbie

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    Is this a list? OMG
     
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