But before that, I failed 7 businesses in a row:
Here's what I tried building...
and how each 'fail' got me closer to a 'win'
1. Started a clothing brand with my friend Thibault Selderslagh.
👎 Barely sold 15 t-shirts. Minimum order was 400. 385 tees are now collecting dust in a basement.
👍 But... I learned how to create websites.
↳ A skill I used to build the V1 of ColdIQ's website.
2. Co-Founded a raffle lottery in the UK 🇬🇧
👎 Invested 40,000€ of personal savings. Only sold £1,000 worth of tickets.
👍 But... I learned to run ads while desperately trying to sell them.
↳ We now book > 30 monthly meetings via ads and offer it as a service to clients (some closing > $2M in under a year as a result!)
3. Tried becoming an Instagram influencer.
👎 Found a hack that grew me to 29,000 followers. It then stopped working overnight. Never made a dime from IG... not even a single free product.
👍 But... I learned about social media & algorithms.
↳ Which led me to become a LinkedIn influencer instead 😆. Jokes asides, it contributed to 20,000,000+ impressions & 1,700+ inbound meetings for my company.
(And... we now offer this as a service too. Send a DM!)
4. Ran a sports betting affiliate website.
👎 Grew it to $6,000/mo. Then it dropped to 0 overnight because of regulation changes in Belgium 🇧🇪
👍 But... I learned to monetize affiliate brand deals.
↳ Today, we generate > 5-figures/mo in passive affiliate revenue.
5 & 6. Started both an MMA Betting blog AND a Crypto blog.
👎 Neither made a single $1.
👍 But... I learned SEO & Copywriting.
↳ Both these skills drove 100s of thousands of visits to ColdIQ's website.
7. Launched a Facebook Ads agency.
👎 Booked 15 outbound meetings. Closed zero clients.
👍 But... I learned cold email in the process.
↳ That skill turned into a service we delivered for > 200 B2B orgs, now generating over half a million $ per month.
Takeaway?
You win, or you learn.
Each failure becomes a lesson...
That allows you to give it another shot... better.
It's a whole process that rewards those who stick to it.
So keep pushing & good luck!
P.S: What's the worst business idea you tried?