My Biggest Flop: From Sinking to Swimming in the Sea of Business

March 3, 2024

The Dive into Deep Waters

Hello fellow divers, dreamers, and doers! Today, I'm going to share a tale of my most colossal failure. Now, grab your snorkels and fins because we're about to dive deep into the abyss of business blunders.

The Unplanned Descent

Remember that time when you were learning to dive, and you accidentally spit out your regulator underwater? You panicked for a moment until you remembered your training, recovered your reg, and took that life-saving breath. In business, just as in diving, sometimes you find yourself gasping for air. My story is about such a time.

Struggling Against The Current

My husband and I, both CPAs and undersea entrepreneurs, once made a "giant stride" into a franchise business while juggling other endeavors. We were promised support and training, but like a faulty BCD, it failed to deliver, and we found ourselves sinking faster than a lead weight.

Finding our Buoyancy

Our business was drowning. The feeling was akin to being 100 feet underwater with a rapidly depleting air tank. But just because we wanted to be underwater didn't mean we had to be underwater in business too. So, we made a tough decision: to reinvent ourselves.

Charting a New Course

We hired a consultant, got the necessary training, and independently rebuilt our business from the seabed up. It was a time of havoc and stress, similar to navigating a complex cave system with low visibility. But, like any good diver, we adapted, learned, and grew.

From Sinking to Swimming

And guess what? Our business didn't just float—it swam! We operated it profitably for a decade and eventually sold it. So, my biggest failure became my greatest success story. Just like a good dive buddy, it taught me valuable lessons and helped me grow.

The Surface Interval: Reflecting on the Dive

In the end, it's all about maintaining water-tight books, buoyant tax savings, and a weighty growth strategy. Failure isn't the end—it's just a new dive site to explore. If your business isn't thriving as expected, don't give up. Seek support, invest in yourself, and explore new depths.

Your Dive Buddy in Business

Remember, we're here to help you navigate the currents of business ownership and achieve your dreams. So if you're feeling stuck or uncertain, don't hesitate to reach out. Because when it comes to living a life wild and free, on your own terms, with an enterprise that supports you, everyone needs a dive buddy.

Keep Diving, Dreaming, and Doing

Want to know more about our journey from sinking to swimming? Stay tuned for the full article! Until then, keep diving, dreaming, and doing.