I Let Myself Down and Learned a Lesson!

August 9, 2007 / by greatmartin

On October 12, 1974 I opened my own business. Due to circumstances I split with my business and 'life' partner. I had been the 'front man' in the business and he took care of all the economics involved. For 8 years I had been a "STAR"--a big fish in a small pond. And I was good at what I did--selling the product. When we split I opened my own business for 3 reasons: the first was that I didn't want to leave Memphis and unless you were black and/or a female you didn't work as a waiter (things have changed since then!) and the second was that I was very good at what I did but the 3rd reason was a stupid one--revenge!!

I had a big following, as did the women who came into the business with me. We took off like gangbusters, better than I had even anticipated but I made a few mistakes. The first was opening too many locations, too fast and without a plan. The second was that I was a lousy boss who didn't understand the business of business. If I gave one person a raise I gave everybody a raise. I didn't keep an emergency fund and I didn't compare income with outgo. I, also, was mired in lawsuits with the ex--again showing his smarts--he knew he wouldn't win but it would cost us money and time and we couldn't afford either.

4 years later I realized it was over and wanted out of the business. I offered it for sale, took a very bad offer and that was that. It was pride and nothing else that made me sneak out of town. It is the latter that I truly regret because I didn't have to--I had done my best and should have left with my head held high.

I did learn that I didn't have a head for business--something I knew but wouldn't/didn't acknowledge--again because of pride.

I don't regret any of the 12 years I spent in the weight reduction field--I learned a lot--and I really enjoyed the work! I went back to being a server, which I didn’t regret as it, also, was a profession, I loved--never felt like 'work' to me--even when I did get 'in the weeds'. LOL












7 comments on I Let Myself Down and Learned a Lesson!

  • alfredo said 11 months ago
    I've been reading this a few times and do not see what kind of business that you were operating.Did I miss something there?[HUH][HUH]What kind of product you were selling.[OHMY][OHMY][OHMY][HEART]
  • greatmartin said 11 months ago
    It was called Our Weigh--a weight reduction program similiar to Weight Watchers.
  • lunarhunk said 11 months ago
    Sounds like a great business. You could have been a male Jenny Craig.
    AJ
  • greatmartin said 11 months ago
    Actually I wanted to be the new Jean Nidetch--she started the original Weight Watchers, was on the cover of Life magazine, is a millionairess and had/has 2 cute sons!!![THUMBUP]
  • alfredo said 11 months ago
    [WINK][WINK][WINK]Oh!!!!!!!!!!!!!!!!1111
  • elfie33 said 11 months ago
    [SMILE] How cool....but I know some lessons are hard to learn [HEART]
  • fugazi said 11 months ago
    Even if it wasnt the success you had hoped it would be, at least you took the shot. Most people never take the shot. [SMILE][THUMBUP]

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