I woke up this morning with a thought on my heart: you haven’t failed enough. It’s something I’ll tell anyone building a business from the ground up, and it’s something I have to remind myself. I’m working on new design concepts, and honestly, I don’t know for sure if they’ll work. We can always feel good about what we’re doing, but the truth is, we’ll never really know until the market tells us. I’ve been thinking about how to roll these ideas out so that if I take a financial loss on one of the designs, I can quickly come back with the next one. I’ve also been considering how to get the public involved in the process.
I love entrepreneurship with everything in me—the trial, the error, the struggle, the learning. But I also love looking to others and seeing what they’ve been through. It reassures me that I’m not alone.
Take Daymond John, for example. Before his global brand FUBU took off, he was on the brink of bankruptcy multiple times. He mortgaged his house, poured everything into the brand, and faced rejection after rejection. But through it all, he kept going. Today, FUBU is a household name, and Daymond is one of the most well-known entrepreneurs. He failed, but he didn’t stop.
Then there’s Tyler Perry. He’s built an empire in film and theater, but his journey wasn’t easy. His early plays were financial disasters, leaving him homeless and living in his car. Yet, he held onto his dream. After years of struggle, his work finally gained recognition, and today, Tyler Perry Studios stands as a testament to his perseverance. He failed, but he didn’t stop.
And lastly, Cathy Hughes. The founder of Urban One had her home foreclosed and faced years of financial challenges. She sacrificed everything for her vision, and after years of struggle, she became the first Black woman to head a publicly traded media company. Now, Urban One owns over 50 radio stations. She failed, but she didn’t stop.
Let me leave you with this: the vision you see is real, but it’s going to take grit to get where you’re going. You can do it. Sometimes, you just need someone to tell you it’s possible. Daymond John, Tyler Perry, and Cathy Hughes—they’re all telling you it’s possible too. Keep going.
God Bless The Entrepreneur
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