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What was your worst business decision?

Discussion in 'BlackHat Lounge' started by flprocess, Oct 29, 2019.

  1. flprocess

    flprocess Newbie

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    was just watching a video about worst business decisions ever and got curious.
     
  2. FostexKiller

    FostexKiller Jr. VIP Jr. VIP UnGagged Attendee

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    Thinking Bitcoin had peaked at $40 in early 2013 :oops:
     
  3. satyr85

    satyr85 Jr. VIP Jr. VIP

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    Ive read about bitcoin in 2010 and I was like... well, this sounds really silly and in this way i didnt take a seat in tulip bubble of our times.
     
  4. BassTrackerBoats

    BassTrackerBoats Super Moderator Staff Member Moderator Jr. VIP

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  5. ContentExpert

    ContentExpert Jr. VIP Jr. VIP

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    I'm digging the new selfie.
     
  6. Yee

    Yee Junior Member

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    Switching to SEO hoping to leave software developing for good.
     
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  7. JonathanGwrites

    JonathanGwrites Jr. VIP Jr. VIP

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    Selling a bunch of bitcoin in 2012 to pay for a vacation.
     
  8. zimba

    zimba Jr. VIP Jr. VIP

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    Mine wasn't a decision really it was more of a stupidity case. I ranked my agency website 1st in Google for SEO + (my)country and forgot to renew the domain and it was snatched by hugedomains and now it's for sale for 15k usd
     
  9. MrAttribution

    MrAttribution Junior Member

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    Jumping into highly regulated industry with my first business. Big upfront cost and didn’t have enough motivation. I could make it profitable, but I realized I don’t event want to do this in my life.

    on the other hand, it was very cheap lesson considering the knowledge about myself and my life goals that have developed after that.
     
  10. Naijalife

    Naijalife Regular Member

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    Selling Bitcoin back in 2014
     
  11. DE_GAME

    DE_GAME Power Member

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    Thought bitcoin was a joke
     
  12. multilinkbuilding

    multilinkbuilding Registered Member

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    Building a very complex website for a service that nobody wanted - even for free. Worked on it for at least 10 months with a developer. Fortunately, I turned it into an affiliate site, and now it's making passive income, but the journey was long.
     
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  13. flprocess

    flprocess Newbie

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    I can't say I enjoyed reading your bad decisions but it is teaching for me and probably everyone else.

    Mine was selling all bunch of Printers, Electronic Paper Cutters and other equipment I use to have to print business receipt books. even though it was profitable for me I figured it was kinda hard labor (it wasn't! that's lazy talking) so I sold everything. these days my website is blooming and I receive many orders which I print them as reseller in other print shops and lose about 1.5-2$ for every book i print, that's something in the range of 500$ a month I could put in my pocket if I printed them on my own. anyway i'll buy new machines soon but I did lost a lot of money on my laziness.
     
  14. mr.y

    mr.y Jr. VIP Jr. VIP

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    I think the bitcoin rise caught a lot of people off guard
     
  15. reefli123

    reefli123 Newbie

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    So i was about to buy 250 etherium when it was pennies for per coin and thought to buy a new game on steam ! worst decistion ever.
     
  16. Harlet

    Harlet Junior Member

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    Getting involved with drugs due to a back injury. Diverted a lot of my profits to shit I just poured down my throat. I'd have a lot more money to play with these days if I hadn't blown so much of it on temporary fun. Short of that, I haven't really made a lot of business mistakes short of being late to the party a few times for certain methods. Seems like I have a knack for finding loopholes about a month before they're patched (go me!)