How to Succeed After Failing in Business - Part 1

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Want to find out how to succeed after failing in business? Is that even possible? The short answer is yes. How do I know? Well, I failed…miserably.

I went from owning a $100m business to losing absolutely EVERYTHING. I was millions of dollars in debt, I had to bail my business partner out of a foreign prison, and I went from sleeping in penthouse suites to slumped in the gutter.

… I guess you could say if there was such thing as an epic fail mascot, it would be me.

BUT… I learned a lot from all of those failures and in this two-part video series, I share my own overcoming failure story of how I climbed out of that low place and became a better person – and entrepreneur – because of it.

Watch the video to learn:

• The background of my entrepreneurial journey – including my mishaps, misfortunes, and the whole ‘Tamer Shahin failure story’
• How I went from $100m business owner to desperately bailing my business partner out of jail
• Why I found it so difficult to accept and overcome my failures
• How I found the strength and determination to re-write my narrative
• The all-important lesson I learned at my lowest point and my best ‘succeed after failure’ tips

Remember, this video is just Part 1 of the full story, tune in to Part 2 for more tips on how to succeed after failing in business - it's turtley awesome! 🐢 😉

This video is How to Succeed After Failing in Business - Part 1

ABOUT ME

Hi! I’m Dr. Tamer Shahin, the Founder & CEO of CEO Entrepreneur, where we help small business owners scale their businesses, without sacrificing their lifestyle, wellbeing, or freedom. I’m also a Serial Entrepreneur, TEDx speaker, Executive Coach, Consultant, Author, Speaker, Investor, and now… I'm a ‘YouTuber.’

I’ve grown several multi-million-dollar businesses from scratch. Some of these businesses were massively successful and others turned out to be catastrophic failures! Nonetheless, I picked myself up and learned a lot from all of my extraordinary success and catastrophic adversity.

Now, I’m taking everything I’ve learned and leveraging it to create this YouTube channel and help people like YOU scale your business to astronomical heights. Each week, I’ll be sharing tactics, tips, tools, and insights to help transform you into a “cool as a cucumber” CEO.

**Disclaimer**
Results are not typical nor guaranteed. You are responsible for your own actions and decisions. Neither Tamer Shahin nor CEO Entrepreneur can be held liable for any results you may or may not get as a result of decisions you take during or after watching these videos.

#CEOEntrepreneur #overcomefailure #businesssuccess
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Thank you for watching this video. It means a lot to me. Did you spot my real turning point? Comment below on what you thought it was...

CEOEntrepreneur
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I find it more helpful to hear about business failures than successes.

mastermindrational
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I'm Zimbabwean and felt I was crumbling but half way through your story I'm like I can do this. I know the panic anxiety and the pulsating racing heart every morning and the energy it needs to wake up every morning but you gave me strength during dark times continents away

KudakwashePhiri
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Thank God 4 this channel. I was an entrepreneur from 2000-2009 when I got pregnant with my 1st child. I've been knowing for years I need to restart but my mind keeps telling me I will lose $ again & that is holding me back.

madamcjwalker
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Thank you 🙏🏼

Small business here. Under threat from council about usage of my premises - despite doing everything right with solicitors etc.

The fact that the commercial units in my town are empty means it’s even more ridiculous the council treat business this way!!

Unbearable anxiety over this… so I can only imagine the dread over this situation you’ve described.

What a message of hope for us all ❤

paulwoodhouse
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My current business is failing miserably, I took a lot of losses in 2022 and I feel beyond ashamed! What brought me to your channel was your title, but after watching this video. Thank you for transparency, thank you for honest and sincere delivery. I didn't think no one knew how horrible I felt until I heard you speak. I didn't take a super huge lost financially like that, however my company has taken a lost and I'm currently in debt. I want to know how do I rebuild, how do I take the now knowledge I have and rebuild my company all over again from scratch. I feel ashamed because everyone that believed in my vision, I let them down. That part about feeling responsible resonated oh to well. I still feel like I need to build a 7 figure business because I owe my partners and everyone else that believed in me something. I see the benefit in my business as I made over 100K in only 6-8 months. I still see a real future I need to get out of my head and push past my failure and start over, which is something I'm willing to do. What do I do next, I'm headed over to part 2 of your video. How do I talk to you personally?

Sincerely,
Tiffany Glenn

tiffanysbeautifuljourney
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This is everything I needed to hear right now. Thank you for sharing your story man. It’s so refreshing hearing someone speak on how heavy the weight is on you when everything comes toppling down. That incessant anxiety is the worst. I feel affirmed and validated and empowered by hearing your story. Thank you again.

RodderickPrinceParker
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I was crying so hard like I was experiencing it myself man your brave. And I think the turning point was when you started talking to people about what happebd like your wife, and friends, which led you to write it down and actually understand it. Because our brain make thing into big deals but the truth free us.

fatoumatadiallo
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This is the turning point. Talking through the real outcome.

georgeherbert
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THANK YOU ~~~ You are amazing Dr. Shahin. Your turning point is there are plenty of them in this short video. I will pick one BIG one is when you met your WIFE haha... all things happen for a reason and you met her~~ Thank you again my friend and please keep on doing these great sharing, we really appreciate it. Thanks, Tionist Li (from Hong Kong)

comlaptopmuziek
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Dr. Tamer,

Thank you for being pure and genuine in sharing your experience as an entrepreneur.

Entrepreneurship seems to have been glamourized these days and most don’t talk about the terror and anxiety that one goes through in pursuit of their entrepreneurial vision and/or mission; You broke the mold.

I’m an entrepreneur and I’m a very optimistic person who always persists even after failing many times over but for the past 2 months, I came across new and various problems, all at once, which led me to have moments second-guessing myself and the path I chose.

Your inspiring story gave me additional strength and recalibrated my mindset knowing that I’m not alone and that I too, can and will weather this entrepreneurial storm and will come out stronger and wise to face bigger challenges.

I wish you the best of health, wisdom, joy, and prosperity.

Sending love all the way from the Philippines ( at 2AM ),
M. Chad P.

P.S.

Your turning point was when you realized your mission is to help entrepreneurs avoid pitfalls and if they do, teach them how to get out of it.

malenchad
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Thank you so much for sharing. I’m in a deep deep pit right now. Inspiring message. I think your turning point was meeting and talking to your wife and talking to one other person and learning what you can take responsibility for and what is not in your control.

CraigHrabar
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My take home is to "learn from failure" and "go at it again" wow!

felixluvandale
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thanks for sharing, this is very inspiring, turning point to me was when you realized that what kept you feeling down was that you didnt know how to handle the failure.

ndoremieux
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You inspired me during difficult times when I needed words of encouragement. You are a blessing in my life. Thanks for all your support and advice.

samyaibrahim
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I did the same mistake but I was compelled because finding many small customers instead of a one big fish is very hard for a small team without proper sales base. Especially in the beginning

nikolaradakovic
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I really appreciate this video. I’m currently at the low point of my failed business attempt. The anxiety that comes in the mornings and with every call/text/email is hard to describe. Your story gives me hope and inspiration that I’ll make it through this

eliteone
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Your story is so emotional. I'm so sorry for what happened. I hope you are almost healed of the heart aches and guilt.

chasinggreatness
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The moment I realised that I better focus on enriching myself than working for others is when I experienced bullying in my present job. I am giving my 100% at work, investing all my energy and emotions in any task that I do, but still there are people who devaluate my effort and instead amplify my small mistakes, that's when I finally decided I will run my own business than working for somebody who doesn't appreciate my worth.

chasinggreatness
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Above and beyond, this has to be my favorite video. Thank you for showing us this different side to everything and how to get out, this makes me trust your advise.

greymhattson