
Why Starting a Business Is So Challenging | with Terryl Humphrey | Ep # 450
How do you identify the problem your business solves? For me, figuring that out took years of trying different things, asking questions, learning business, talking to mentors, and paying attention to what people actually came to me for. In this episode, I talk about why business can be so challenging when you're trying to figure everything out at the same time. -Sales. -Marketing. -Finance. -Legal. -Operations. -Team development. -Your own development. There are a lot of moving pieces. I started my first business with a car wash. I bought 100 business cards and started telling people what I was doing before I completely knew what I was doing. That forced me to actually go try. Over time, I tried advertising, social media management, videography, photography, and podcasting. Eventually something started becoming clearer. People kept reaching out to me about podcasting. After producing more than 893 podcast episodes and helping 37 entrepreneurs launch their podcasts, I started recognizing the problem Failure Is Knowledge actually solves. There are business owners who want to launch a podcast but procrastinate because they don't know what equipment to use, how to record, what to say, how to edit, or how to publish. That helped me understand my market differently. In this episode, I talk about: • Why there is always another challenge in business • Why you have to give yourself time to learn • How taking action teaches you what research cannot • How I started my first car wash business One of the biggest things I'm learning is that having knowledge is not enough. You have to apply it. If you've been thinking about launching your podcast and you're ready to stop putting it off, schedule a FREE 15 Minute Podcast Strategy Call with us. We'll talk about where you are right now, what you're looking to create, and how we can help you record, edit, produce, and publish your podcast. Schedule your FREE 15 Minute Podcast Strategy Call https://calendly.com/fik-/strategy And if you're not ready for a call yet, I've also included our FREE Podcast Launch Checklist to help you get started. Get the FREE Podcast Launch Checklist https://www.failureisknowledge.com/podchecklist















