- The Productive Solopreneur
- Posts
- TPS #20– The Hidden Power of Failures
TPS #20– The Hidden Power of Failures
The Entrepreneurs Superpower
Welcome Back, Solopreneurs.
Hunter, here.
Welcome to the 41 new subscribers joining today's issue. You guys are absolute legends 🙏🏻. I've recently been talking a lot about the power of grit and compound interest.
I failed as a day trader.
I failed at dropshipping.
I failed on Youtube
But on Twitter... I have finally found something that works.
Just a reminder to keep pushing.
You're almost there <3— Hunter Bohm 📈 (@TheHunterBohm)
12:08 PM • Mar 13, 2023
I've failed at more side hustle ventures than I can remember. I always thought that it wasn't me, that the side hustle was the problem, which began the cycle of bouncing through all of them without success. What happens next is most people quit.
They say, "This isn't for me." Or "This is a fool's game." I've heard it all and more.
It took days, weeks, months, and even years of my life to get to this one conclusion. There is power in failing.
But you only realize this power when you completely own your shit.
I'm not the only one who feels this way.
There are no "get rich quick schemes."At least, I've never heard of any of that work.
( If you have, by all means, don't keep us waiting. )
It takes longer if you’re in a rush.
(You have to keep starting over)
— Alex Hormozi (@AlexHormozi)
9:47 PM • Mar 22, 2023
I didn't realize when starting a drop shipping store or a Youtube channel that any of these would have worked eventually. But I never saw it through. I thought I did; believe me, I really did. But I would only work on it for maybe 3-4 weeks at the most, and then I would get bored and move on to something else. I blamed the side hustle entirely. I couldn't understand that I was the one at fault.
I now know that I can do anything given enough time and practice.
However, it was never always like this. I can still remember the echoing thoughts of:
"Why me?" "Why would anyone trust me?""Why would anyone ever buy from me?"
Imposter syndrome absolutely drowned my thoughts and paralyzed my ambition.
So what changed?
I started learning. I looked back at everything I did and accepted that nothing worked because of me, nothing else. It was my fault.
And if I ever wanted it to work, It was my responsibility to change what didn't work, starting with myself.
The next side hustle I did was a finance newsletter for the stock market. Even though it didn't work out, this venture is what built undeniable self-confidence.
I realized I knew how to build a landing page from drop shipping. I knew how to design from Youtube, I knew how to handle money after losing my ass in the stock market, and it didn't stop there. I didn't know how to write a newsletter yet, but I did know that if I wanted to learn how I would. BUT I knew that I would get better with time. When writing my first couple of terrible posts, I kept thinking to myself: "I bet Hemingway's first work wasn't his best."
Eventually, through TONS of trial and error, I realized that the best way to start any side hustle was through the power of a personal brand. This might not be the best path for you, but it aligns with my values and the impact I want to have on the world.
I read all throughout Twitter about these different entrepreneurs who failed just like me but used that as a tool to learn from.
This was game-changing. I started sharing my failures, what was working, and what wasn't; at first, the results were dismal.
No followers and no likes on any tweets. I can still remember writing my first tweet with a goal of 100 followers by the end of the year.
The difference between this hustle and the last was I was committed to seeing this through and accepting all failures through my own fault. If something didn't work, I studied why, iterated, and kept trying. Slowly but surely, something came out of it. I mean, you're reading this newsletter, right? Over 520 subscribers in 1/4 of the time I had my other newsletter. Absolute madness.
But why am I even telling you this?
I'm not bragging. Believe me, it still hurts to talk about blowing up my day trading account(s). But I want you to know that there is a light on the other side of this dark, cold tunnel.
Whatever you're working on right now or building, you will fail. It is undeniable. There will be, at some point, something that goes wrong that you didn't expect. That's okay. But are you going to let that get you down? Or are you going to keep pushing even when it gets hard? Some of the most successful creators and entrepreneurs have businesses and side hustles you've never heard about. No entrepreneur gained 100k followers overnight. No one woke up one day with $1,000,000 in their bank account randomly. No creator went viral from their first tweet on their account. So stop expecting too. It's a long game. There are no shortcuts.
The quickest route is more often than not exactly what you don't want to do, but deep down know you need to.
Think about it like an Iceberg.
80% of what you do is never going to be seen. Simply just won't. But the 20% does make all the difference.
It's only what reaches the light that people see. No one would have known about my first newsletter or countless Youtube channels that failed if I never shared them.
But what people do see is the success I've created from Twitter and clients.
There was a point I never thought I could get there. So this is your reminder to keep pushing. Use those failures to your advantage. It's your secret weapon.
Today, I wanted to create a system for you to reflect on failures and see the silver lining. Click "New Failure" to use this template and write about your experience. Then after filling out the prompts. Click the button that says "New Lesson Learned."And reflect on how that failure can help you in the future and what skills you learned. After a while, you'll have a nice database you can reference on how all failures are actually hidden powers in disguise. Reinforcing the belief that you can, in fact, do anything.
That's all I got for today, friends. I'll see you back here next Saturday.But until then, live in the moment.
Best, Hunter.
PS: Whenever you're ready, here are two-way I can help you:
Check out Profit Pilot (Only if you're a serious 6-7 figure entrepreneurs who has a busy life)
2. Grab all of my free courses and templates here.