New for 2016, lets start by shutting down a business.

New for 2016, lets start by shutting down a business.

As part of a challenge with a buddy of mine, we both agreed we needed some motivation and we challenged each other build and launch a business in 30 days.

I am happy to say that I found a Niche, built a website and started selling a product in 30 days.

What I learned is that I don’t enjoy retailing a physical product. I was selling a real physical product online.    While retailing one low margin product was just the start of the plan. Adding new products was key to the long term Success.

I really started running the math and the work involved. I needed to add ALOT more products and ALOT more sales to make it worth my time.   When I got right down to it, I didn’t enjoy it and wasn’t excited to expand it.    I have alot of exciting projects to work on that I much more passionate about.

This business was a fun challenge, but the opportunity cost of running it was to expensive and I should be working on something I am more passionate about, like helping other small businesses.

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