Fail Better

I recently read The Four Hour Work Week by Tim Ferriss and the book really opened my eyes. I’ve always been interested in entrepreneurship and the idea of founding my own business. Tim’s book really takes these ideas to the next level and provides concrete and actionable steps to do exactly that.

So I have decided to stop sitting on the couch and floating the vague concept of “I want to found a business” and doing something real. What’s the worst case scenario? Failure? If there’s one thing I’ve learned from reading the books and blogs of successful business people and entrepreneurs it’s that failure is inevitable and nothing to be afraid of. At the end of the day – failure is nothing more than a learning experience.

I read an awesome quote yesterday that sums this logic up perfectly. Adam Horowitz is an 18 year kid old who made $1.5 million within the first three day of launching his product Mobile Monopoly. His outlook on failure“I’ve failed at least 30 times with different websites and stuff… But, if I hadn’t failed all of those times, I wouldn’t be where I’m at now.”

With the ease of web design, online advertising, and micro-testing, it costs very little to float my ideas and products out there to see if any of them will succeed, but the upside is massive.  I am determined to develop a successful web-based product, not only for the supplemental income, but also to prove to myself that I can do it. Here’s to failure.

Matt Bodnar

Matt loves to focus on making deals and big picture strategy. He sets out each day to give more than he takes from every interaction and produce as much value as possible for his partners and the people he works with. As a partner at Fresh Hospitality Matt invests in and operates businesses across the restaurant value chain including agriculture, production, retail distribution, real estate, technology and restaurant operations. Matt previously worked as an import/export consultant in Nanjing, China and spent several years on the Interest Rates Desk at Goldman Sachs before returning to his family roots in Nashville.

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