Awesome Man of the Month Ed Carcarey ed and still want to be around men and women who refuse to quit and will keep pushing themselves past their barriers. Basically I have been on a quest to be around people who want to get out of their boat and try to walk on water! Not sure why the sport is so popular but I know it helped me to connect with my oldest son on a much deeper and more meaningful level. We have been able to bond and build memories around the love of the sport that we struggled with prior to finding this common ground. Now we have an annual tradition to go see the Eagles play and it is something we can connect on and enjoy year round! You owned multiple successful businesses,then everything went wrong. What happened and how did you overcome the challenges? The businesses were great, I was the problem! I made more mistakes then we will have time to go over but here are some of the bigger ones: over leveraged, no internal systems and I did not pay attention to the details. Any one of these would be enough to eventually fail in business but committing all three at the same time is a sure thing! We lost everything and I blamed everyone I could for my business failure: employees, economy, government and even the City I live in. A few months later I had to sit with one of my mentors and go over the financials. After looking at them for a while he looked up and said “you’re an idiot” He went on to tell me that If I would have come to him he could of saved the businesses, our home, and retirement! This meeting did not feel good and I did not accept it at first but after settling down and thinking through everything he told me the truth hit me. I was responsible for the business failure. Businesses do not fail, people do and in this case I was solely responsible for losing everything. This is when the learning began. Up until this point I had not learned anything because others were to blame. 14 | SavvyBizWomen This realization has changed everything. Now I see failing as the best part of success because without failure there cannot be success! This is the simple formula we try to live by: take action, fail, stop and learn, take more action!You cannot take consistent action without failing. My business failure was the most expensive lesson of my life but I would not trade that because of what I learned and how it has changed my life for the better.
SBW Issue 11 Jeneth Blackert
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