What was the riskiest moment in your career or business?
Business Marketing with Nika
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Terrence Kelleman@terrence_kelleman
Lancepilot
Being personally liable for $1M in debt after a series of personal and professional crises that brought down my 3x Inc's Fastest company to it's knees. Eventually I had to rent out my own bedroom to continue to afford the apartment for me and my two kids as a newly divorced single Dad.
I had to find an inner strength I didn't know I was capable of just to get through every day. I started a Street Art project called "The BE MIGHTY Project" where I posted inspirational quotes on paper flyers around NYC to motivate myself and others. The flyers were shared through Instagram and I'd often see the quotes over and over again - building a bubble of positivity that kept me motivated through the hardship.
5 years later I've cleared the debt and have rebuilt my brand Mighty Wallet while designing a new minimalist wallet that I will bring out this year. I've learned so much through this challenging time and I'm ready to climb my second mountain with all the wisdom, strength and tenacity that this experience taught me.
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Lancepilot
@busmark_w_nika we all need them! www.bemightyproject.com
I'd love to turn the quotes into an app eventually. For now you can download the flyers as PDFs and print them.
At one point during this period I realized that many of these quotes were from people who also had been living on the edge and had preserved their wisdom for the rest of us. Like mountain climbers who leave anchor points in the mountain for those coming up behind us.
Lancepilot
@busmark_w_nika here's one I think you will like: "There is a crack in everything. That’s how the light gets in."
- Leonard Cohen
https://www.bemightyproject.com/...
REI Litics
Living in Sweden and moving to the US for a Job with just a suitcase. 10 years later I’m very fortunate to still be here in NYC.
How about you?
REI Litics
@busmark_w_nika your courageous though stepping out on your own!!!
Lamatic.ai
Exiting my previous startup. It was comforting position but not growing. I learnt if you wanna grow, you have get out of your comfort zone.
MojiPulse
Switching from a stable and well-paying job in a growing startup with a great culture to a super tiny startup, which is not well-structured but has a promising future. Not sure if it was my best move, but I'm looking forward to finding out:)
I used to think that the worst thing was to write a resignation letter and start my own business. Now I think that it was a very simple decision, if you compare the many risks at the creation stage
At the age of 35 I left well paying job and started the new journey with https://www.theclueless.company/.
REI Litics
@mehul_fanawala good for you Mehul!!
Switching from a full time job to a starting a new business
REI Litics
@sidraarifali I will be facing this soon also!
When I planned on changing my hobby into my business
For now, it's a transition from regular employment to freelancing. But it's bringing in its financial rewards.
REI Litics
Wow, reading this post took me back to that pivotal moment in my career when I decided to launch my own business.
Me.bot
The riskiest moment in my career was when I decided to launch a new product without fully understanding the market demand.
REI Litics
@felix_f_tao that’s super risky. How did it work out for you Felix?
It's starting a business, realizing there is market demand, trying to monitize it/gain momentum and transition from my regular paycheck.
When I switch my career from a night shift job to 9-5 job in Marketing! I was already paid well at that time. Restarting a new phase of life from low salary is very difficult.
REI Litics
@nitin_joshi I hear you. But good for you.
Modelize.ai 1.0 - AI workflows
The riskiest moment in my career was when I felt a sense of loss and no accomplishment. It was a challenging time, and I had to make some difficult decisions to turn things around.
Modelize.ai 1.0 - AI workflows
@busmark_w_nika That was a difficult decision. I had previously joined a large company with a very good salary and benefits, almost double what I was making before. (I only stayed for one month, and didn't even put it on my resume.)
However, the culture, the people, and the daily work were not what I was seeking. So, I chose to join a startup and take on more challenging tasks. Even though the salary and benefits are not as good as the big company, I am much happier now. 😂
First career, running across a small field in Iraq while lots of people shot at me, current career, applying for only one graduate program instead of many because I really did not want to go anywhere else, but if I was rejected it would have been big delay in life, but luckily and thankfully I made it through the field and into the program 😁🤣
in business, a risky moment might involve launching a new product, entering a new market, or making a major strategic shift. Entrepreneurs often face risks when starting a business or seeking investments.
The riskiest moment in my career was when I cannot decide what I want to do for my life
The decision to start our own business in bid writing and grant funding services stemmed from a combination of factors and experiences. Firstly, we recognised a significant gap in the market for specialised support in navigating the complexities of securing government funding and grants. Many organisations, particularly smaller businesses and non-profits, struggled to access the financial resources they needed to pursue their projects due to the challenges associated with writing compelling proposals and navigating funding processes.
Secondly, our team possessed a unique blend of expertise, including experience in bid writing, grant management, and an in-depth understanding of various industries. We saw an opportunity to leverage our skills and knowledge to provide valuable assistance to organisations seeking funding for their initiatives.
Moreover, we were driven by a genuine passion for helping businesses and organisations succeed. We understood the transformative impact that access to funding could have on their growth and sustainability, and we were eager to play a role in facilitating that success.
Ultimately, the decision to start our own business was driven by a desire to fill a market need, utilise our skills and expertise, and make a positive difference in the success of our clients' projects. Since founding our business, we have been committed to providing high-quality, tailored services that help our clients secure the funding they need to achieve their goals.