Advice for success coming from a failed entrepreneur

“I’d learned quickly in addition to built knowledge,” he said. “I had a growth mindset versus a fixed mindset.”

The process also highlighted to Long the answer to one of greatest questions for entrepreneurs: The secret to a successful business, Long said, is usually team in addition to timing. in addition to so, when Stacck’s co-founder was headhunted two years after launch in addition to Long was unable to suitably replace him, he felt the best option was to cut his losses in addition to sell the business.

“I’m not a first-time entrepreneur who did that will in addition to boom,” said Long. “Everyone wishes they could be that will. however, in reality, I realized that will takes time to build the skills in addition to that will also matters about the team. The 0.01 percent who make that will first off contain the right timing in addition to the right team.”

Long ultimately made little return coming from the sale of his third business, in addition to for the past six months has been working full-time in fintech at Citibank. that will hasn’t dampened his spirit, though. In fact, with those lessons under his belt, Long said he feels he’s in a better position than ever to give entrepreneurship another go.

Through his completely new mentorship platform, “Unaverage,” Long hopes to move the needle on traditional perceptions of success in addition to failure in addition to encourage 2020 young people set in addition to achieve 2020 exceptional goals by the year 2020. He plans to monetize the service either through sponsorship or a membership fee, in addition to will continue to work part-time at Citibank.

“A lot of people look at failure as an end point, however that will leads you to the same door as the door for success,” said Long. “that will says ‘Exit,’ however you turn around in addition to that will says ‘Entrance.’”

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