Replies to post #163972 on Iconic Brands Inc (ICNB)

[huggies]

Its not a matter of whether i want to hear or not because i dont care. What bothers me is people who dont have entrepreneurial mind will never understand that sometimes failing is a good thing. Being an entrepreneur, i can understand it lol. Noone ever gets it right the first tine. Second time. Third time. That is entrepreneurship 101 and common knowledge. The fact that rich "failed" multiple times doesnt turn me off the stock but even makes me for interested because i know how much lessons he mustve learned from those previous attempts and that he must be well seasoned. Hence how we are seeing a much better execution with Bellissima this time around. This might be hard for you to understand but it is what it is. Lol. If someone says to me that their startup is failing? Mt response would be.. good.

[huggies]

Ask yourself what is the top reason businesses fail? The number one reason is that entrepreneurs make products that no one wants or in other words lack of a market need or desire for that product. That is the numero uno reason for their failure. Wgy is this time around different? Because this is prosecco. Unsaturated market with little options out there but huge demand and interest. Bellissima is a product that I want and many others have interest in purchasing. It is a perfect product in the perfect market at a great time.

[huggies]

Entrepreneur 101 - case studies: Failure

0. Amazon - Amazon CEO Jeff Bezos told us, “I’ve made billions of dollars of failures at Amazon.com…None of those things are fun. But they also don’t matter. What really matters is, companies that don’t continue to experiment, companies that don’t embrace failure, they eventually get in a desperate position where the only thing they can do is a Hail Mary bet at the very end of their corporate existence,” Bezos said.

1. IBM - 0Thomas Watson Sr., the original Chairman and CEO of IBM, once said  “The fastest way to succeed is to double your failure rate.”  I sincerely believe that. In sales management and in marketing you must experiment a lot and this means that you will fail often and fail a lot before you can succeed.  In fact, in work and in life, failure is an absolutely essential ingredient for success.


2. Thomas Edison -I didn’t fail 1,000 times,” Edison answered. “The light bulb was an invention with 1,000 steps.”

3. Apple - Founded in 1976, the company had its share of failed products – even ousting its founder during a downturn in 1985. The iMac and iPod turned everything around, with Steve Jobs returned in 1997 and becoming an icon of the industry. But without the hard times and failures that preceded these successes, Apple would never have become what it is today.

4. Dyson Vaccumm- Currently, Dyson is one of the top-selling vacuums of all time. However, founder James Dyson’s road to the top was lined with failure. He tested 5,271 prototypes before finally found a vacuum that worked – but even then, he couldn’t find an American or European company to license and manufacture his product. As a result, in 1993, he created his own manufacturing operation. Just two years later, Dyson vacuums were a worldwide sensation, demonstrating that it pays to never give up.

5. WD-40 - Have you ever wondered where this useful lubricant got its name? The name comes from the fact that the formula represents the 40th attempt to create a degreaser and rust protection solvent