ADU 01120: Can You Share Some Of Your Biggest Business Failures?

Today's question is about failures in business. What are some of the most important lessons that Rob and Paul have learned from their business failures? Our caller for today, Tom has come with a very interesting question today. It is about failures in business. Specifically, what are some of Rob's and Paul's biggest business failures? And, what have they learned from them? Like all entrepreneurs, Rob and Paul have had their fair share of failures. And, instead of getting bogged down by your failures, it is important to learn and grow. In today's show, Rob and Paul share some of the biggest lessons that failure has taught them. We talk about mantaning focus, treating employees in a professional but fair manner, mantaining huimilty, and being open to feedback. We hope you enjoy the show. Fly Safe! Hone your drone skills by signing up for one of our webinars or online classes - and make the most of this downtime! - https://www.thedroneu.com/droneu-events/ Recently crashed your drone? Unable to find trained technicians who can repair your drone quickly and at a reasonable rate? Don’t fret. The cool folks at Fortress UAV can help you get your drone back up in the air in as little as 7 days! Use Promo Code “DroneU” to get 25% off. Drone U Members get an extra 5% off on total repair costs. Check them out now! Get Your Biggest and Most Common Drone Certificate Questions Answered by Downloading this FREE Part 107 PDF Make sure to get yourself the all-new Drone U landing pad! Get your questions answered: https://thedroneu.com/. If you enjoy the show, the #1 thing you can do to help us out is to subscribe to it on iTunes. Can we ask you to do that for us real quick? While you're there, leave us a 5-star review, if you're inclined to do so. Thanks! https://itunes.apple.com/us/podcast/ask-drone-u/id967352832. Become a Drone U Member. Access to over 30 courses, great resources, and our incredible community.Follow us:Site - https://thedroneu.com/Facebook - https://www.facebook.com/droneuInstagram - https://instagram.com/thedroneu/Twitter - https://twitter.com/thedroneuYouTube - https://www.youtube.com/c/droneu Timestamps [00:52] - Hone your drone skills by going through our latest drone classes [04:30] - Paul shares some interesting information about our solar inspection class and 3D interactive classes [06:21] - Today's question is about learning from your biggest business failures [06:55] - Do your failures teach you more than your successes? [11:38] - How humility can help you build better relationships [14:17] - How a poor hire and fire policy can hurt your organization [16:43 ]- How to cultivate long-lasting business relationships [17:51] - Treating your employees in a fair but professional manner [21:09] - Paul's shares his biggest failure - his lack of focus [23:15] - Different ways in which radical candor can help you in your professional life [31:01] - What is the ONE thing that is wrong with the small businesses of today? [32:23] - How feedback and critical self-evalution can help your business https://www.youtube.com/watch?v=iPfSRDZbaqE