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Post by trey on Aug 29, 2013 8:27:53 GMT -6
INSTANT MBA: "Even If You Fail, There's Absolutely No Downside" You are better off failing at something you love doing than being successful at something you hate. People go home everyday with lots of income and are completely miserable because they are not happy at their job. Even if your business fails the first time does not mean its over, it just means you know what not to do the next time. Chances are you will have the opportunity to try it again, and this time you will be more prepared.
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Post by w0384905 on Aug 29, 2013 10:18:35 GMT -6
INSTANT MBA: "Even If You Fail, There's Absolutely No Downside"
Knowing that success doesn't come overnight is a big part of being successful. Taking the time and effort to follow your plan and meet you goals it crucial. Even with the right plans and goals failure can still happen. Failure is another big part of success. The chances that one of your ideas are going to fail is inevitable but how you get back up and rebuild is what really counts. It other words it isn't how you fall that matter it's how you get back up.
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Post by dradecker on Aug 29, 2013 10:24:28 GMT -6
Instant MBA: Even If You Fail, 'There's Absolutely No Downside.'
Growing up, I have always been told, "If you love your job, you never work a day in your life." Although I don't have a "big girl" job yet, I have had my fair share. Certain jobs I have liked, and others I haven't. The jobs I did like however, didn't really feel like work at all. The article says starting your own business can be risky. On the positive side, with great risk comes great reward. When you take the risk of starting your own business you can be rewarded not only with the profit that comes with it, but also the relief of knowing you will never have to work a day in your life.
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Post by brentgruber on Aug 29, 2013 11:10:32 GMT -6
I think this article has very good advice in that even if you fail, there is a lesson to be learned somewhere. Take the outcome and try to look at the bright side of it hopefully learning something in the process. If you do fail, hopefully it was doing something that you truly enjoyed and if you succeed there is a chance that your risks will be rewarded exponentially. Do not let life pass you by because you are too afraid of the risk that comes with something that you love or would like to do. As the article says if you do not succeed take the negative and try and positively look at all the things you have learned from the outcome.
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Post by zekesonnier on Aug 29, 2013 14:32:38 GMT -6
Instant MBA: Even If You Fail, 'There's Absolutely No Downside.
Job satisfaction is heavily weighted on one doing what one loves and is passionate about. Finding out more about ourselves can help us determine what occupations tailor to our personality traits which will lead to job satisfaction. I believe if one attempts to take the risk to start a business and does not succeed they did not fail because they got out of their comfort zone to do something they are passionate about. If we do not chase our dreams we are only shorting our selves.
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Post by katiebourgeois on Aug 29, 2013 20:10:39 GMT -6
Instant MBA: Even If You Fail, 'There's Absolutely No Downside.'
I am a firm believer in following your dreams and doing what makes you happy. However, when it comes to taking the huge risk in starting a business, following your dream doesn't mean your business will turn a profit. Saying there is "absolutely no downside" if you are having fun while failing seems a bit off. I would believe that failing and wasting all the resources you put into the business seems like a big "downside," even if you enjoyed what you were doing while failing. In my personal situation, I would like to eventually open an accounting firm. However, with the way the economy has been, I would never take the risk of trying to start a business until the economy is in a better state.
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Post by beccabourgeois on Aug 30, 2013 11:36:18 GMT -6
Following your passion is the best decision when choosing a career. If you aren't passionate about your job and what you do, then it will be miserable and boring. I love the old saying, "If you love what you do, then you'll never work a day in your life". It is so true. When you love what you do, it makes it all worth the while. It makes you happy to wake up in the mornings and go to work everyday eager to work. I hope to follow my heart when deciding what I want to do the rest of my life.
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Post by kathrynprieto on Aug 30, 2013 19:02:24 GMT -6
Instant MBA: Even If You Fail, 'There's Absolutely No Downside'
I think this is a bit too idealistic for my preference. It's all fine and dandy to talk about how wonderful it is to go for your dreams, but I believe that there is so much more to consider when thinking about starting your own business. You need to think about the logistics of what you'll be doing every day as a business owner and not just the passion you have in the field you want to go in. Granted, I am a person who is MUCH happier knowing I have financial security in a maybe less-than-perfect job than in following some passion and giving that security up. Maybe I will feel differently as I get older, but I'd much rather give up the possibility of fulfilling a dream than risk bankruptcy.
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Post by tyancey on Aug 30, 2013 20:48:43 GMT -6
Instant MBA: Even If You Fail, 'There's Absolutely No Downside.'
This is a fantastic article that reminds people that you do not always have to invest in a job or career just because you feel like you need to or because you feel like you should. Instead, you should chose your career, job, and/or goals based on what makes you happy. Work is hard enough without having the added burden of dreading going to it everyday. Therefore, you should really choose something that you enjoy doing. Also, doing what you enjoy in life and something that you are passionate about often leads people to do a better job. This article gives great advice that, if people follow it, they can live happier and maybe even more successful lives.
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Post by leetaranto on Aug 31, 2013 15:44:24 GMT -6
Instant MBA: Even If You Fail, 'There's Absolutely No Downside.'
This article focuses on trying to obtain obstacles that you can fail at, but taking a risk because without trying one will never know. Starting a business can be very risky and scary, but the worst thing that can happen is that it just does not work out. If it does not work out one can go onto doing something even greater. You also have to pick a goal that you are passionate about so it is easier to achieve. The ideas from this article can help motivate in the future to try and never give up because it is just part of life and have to keep going.
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Post by boris on Aug 31, 2013 17:57:49 GMT -6
Instant MBA: Even If You Fail, 'There's Absolutely No Downside.'
This article has an important point. Sometimes not making a profit on your own business is not a negative thing. If you start up a business which is your dream job and it does not take off, you still did what you love and gained positive experiences out of it. You would get more experience out of a job that you enjoy doing rather than one that you hate. It's important to keep trying though because chances are if you love doing the job you will be a happier person and a lot more likely to succeed.
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Post by w0415498 on Aug 31, 2013 19:56:09 GMT -6
I disagree with this article. There is nothing wrong with starting off in a program. In a program, you can get the feel of what you will be doing. You can see if you’re going to like or dislike what you will be doing for the rest of your life. At least if you start in a program to get the feel of everything, you wouldn’t have any regrets.
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Post by dorcas on Sept 1, 2013 13:49:50 GMT -6
Instant MBA: Even If You Fail, 'There's Absolutely No Downside.' I totally agree with this article, doing something which you're passionate about will take you far because you will feel satisfied. For example if you run and one day you don't win does not mean that you will stop running because you did not win.Just like running business involve risk, starting a business that you like will lead to reward, even if it failed you will not feel as much because you are passionate about it. This article teaches the need to love what you are doing, in everything especially in career choice choose something because you are passionate about not because of money, or requirements.Enjoy what you do make things easier to yourself and the company, because you will always want to do it to your best and you may even try to be creative. It will reduce stress at work and may even leads to promotions!
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Post by christiebrown on Sept 1, 2013 18:49:04 GMT -6
I definitely have mixed feelings when it comes to a "just go for it" approach to things, not only in business and financial situations, but with life in general. I think that just doing something you are passionate about can turn out to be a good idea, and that person can be really happy with their decision. However, not thinking things through could lead to a person having really bad regrets about a decision that they put no time into. I think that business isn't the place for rash and quick decisions, most of the time.
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Post by bneedham on Sept 1, 2013 19:03:20 GMT -6
Instant MBA: Even If You Fail, 'There's Absolutely No Downside.'
I am not a risk taker therefore the "just go for it" advice is hard for me to grasp. I agree that people are happiest when they do what they love the most, but they have to be careful when starting a business. It is important to have a business plan in place and to take as much caution as possible to prevent yourself from huge financial losses. I disagree with the statement that even if you fail there is not downside. If a person fails and losses tons of money, it can be devastating.
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