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Channel: Mike Michalowicz » Failure
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Running My Business From A Shelter

A picture from my “office” at the local town shelter. This is Day 7 with no power, heat, phone or beer at my house.  Damn you Hurricane Sandra. Damn you!

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How To Break Free From Business Failure

Failure is an extraordinary enemy. It plays unfairly. It gets in your mind. Failure is notorious for its stealthy ability to get lock you into a downward death spiral.  And your business failure (or...

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Should I Have A Plan B?

  Should you have a Plan B? The answer seems obvious: Hell yes!  But it isn’t that cut and dry.  The real answer, the right answer is “sort of.” Just so we are on the same page, Plan B is the action...

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Use The Phoenix Effect To Make Customers Raving Fans

If your customers feel someone or something is superior to them, they will envy it. And if you are that “superior” thing, envy is not good. When customers envy something, they will try to pull it...

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How Many Life Units Is It Worth?

Before we get started here, I want to make sure we agree on something. Every hour of our life is an hour closer to our death. In other words each hour we spend, regardless of how we spend it, is a...

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The Lesson Derived From Andrew Mason’s Termination From Groupon

Andrew Mason, 32, the charismatic, but controversial CEO of Groupon, has been fired. After a rocky leadership, profanity laced memos to the SEC, fuzzy accounting practices, SEC investigations, and a...

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The Difference Between A Hobby And A Passion

A hobby is like a meal. It satisfies a hunger pang. But you can only eat so much before you get sick. A hobby brings satisfaction and pleasure, but it fades after an hour, or after a day, or after a...

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15 Stupid Business Ideas, That Are Actually Super Smart

“Your idea is stupid.” Has anyone ever told you that your business idea won’t make it? That your idea is too odd, too unique or too different? That you need to stick with what is proven? Here is the...

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How Badly Do You Want It?

I just interviewed my thousandth entrepreneur. Mind you, this is not a conclusion from formal tracking.  I myself have been an entrepreneur almost twenty years now.  From day one, I have tried to learn...

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The Power Of Authenticity (The Authentic Entrepreneur)

If there is one thing I have learned in my 41 years life, is that authenticity is the ultimate path to success. Yes, it does yield financial freedom. But, it yields so much more than that....

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The Difference Between Good And Great Business Colleges

Good colleges prepare you for success. Great colleges prepare you for failure.

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The Biggest Barrier Is Always Fear

Everything you desire – everything your heart truly wants – everything that separates you from true success is fear. Fear is always the biggest barrier to success. Overcome your fear, stay on the path...

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Impatience Versus Anticipation

Change sucks. Strike that. Waiting for change, sucks. Once we know we want something, we want it instantly. We don’t want to wait for graduation, for choice clients, to buy a house, to find a new...

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Why Is It Easier To Teach Than Do?

My friend gives powerful business advice to his clients, yet his own business constantly struggles. In his own words, he is a failure. How can someone with all that knowledge not be able to execute on...

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How To Save A Bad Business Partnership

A confluence of events put me in front of two business partners who hated each other. To make matters worse, they were sisters. 50/50 owners who planned to do everything they could to make a go of...

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You Are A Reflection Of What You Surround Yourself With

I have noticed that some people are news addicts and others are anti-news addicts (avoiding the news like the plague). I am the latter. I never watch the news. To me, it’s simply a compilation of the...

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Old Dogs Can Teach New Tricks

You can’t teach an old dog new tricks. Maybe that’s true. Maybe they are already overflowing with tricks. Maybe they can’t absorb more. Maybe they are just unwilling. But old dogs have a lot to offer....

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Avoid Most

When you hear “most,” you are being told exactly what not to do. Most people have a one hour commute. The most popular ice cream flavor is vanilla. The most common password is password. Avoid most....

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Don’t Punish Failure, Reward It

I have noticed a trend with employees.  As a company grows it’s the natural tendency of employees to work more and more within the corporate structure. Their job is to fit in.  Their job is to not...

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Too Much Of A Good Thing

Brussels sprouts are great for your health. So are blueberries. And so are foods naturally rich in Vitamin C. But commit to a diet that is exclusively Brussels sprouts, or blueberries, or Vitamin C...

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