Showing posts with label entrepreneur. Show all posts
Showing posts with label entrepreneur. Show all posts

18 November 2010

Entrepreneur Failure or Faith?

"The only time you don't fail is the last time you try anything - and it works." ~ William Strong

Two New York Westchester County 13-year-old boys had an idea. They would sell baked goods in a neighborhood park on the weekends and in a few years earn enough money to open a restaurant. Great idea, right? The boys, Andrew DeMarchis and Kevin Graff, who are students at Chappaqua’s Seven Bridges Middle School, set up shop and made $120 on their first day.

Being the innovative entrepreneurs they are, the boys took half of their earnings and invested in a cart and water and Gatorade to add to their offerings. On their second day, the police arrived to shut them down. Their offense? Operating without a license. A town councilman named Michael Wolfensohn came upon the sale and called the cops on the boys for operating without a license.

What was a frightening experience for those two boys and an outrage to the parents is a lesson in failure for all of us. Did those boys fail? No, and why? Although their plan was flawed – they neglected to check about permits and licenses – they did not fail. They had faith in their plan and in their dreams.

If you are 13 years old and your dreams get the attention of a town councilman, then you know you are on to something big!

To Andrew and Kevin – never stop believing in the power of your dreams. Keep the faith and in ten years or so, I want to stop by your restaurant and say well done!