Our businesses failed :(

As we started saving, we would always talk about where to put our money. We then decided to start our own business... and it failed :( In this episode we talk about our failure and mistakes in our various business ventures.
#BehindRelationshipGoals
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[@hazelguarino]

grabe, parang sila palang narinig ko to talk about failures on businesses and still on the process of having a successful one. kasi ung iba mga narinig ko failed pero already succeeded. kaya very very good job tong narinig ko. very relatable.

[@xtn_2014]

Don't go into business with a friend or a relative. I learned that the hard way 🤷‍♀️

[@msbandito]

Robert kiyosaki said that too

[@haruhirooo]

I agree

[@jahd5790]

This is like a life lesson that should be included in business books

[@rhenzzee]

Not all the time.

[@crystalsumulong890]

#1 advice ng mama ko when I mentioned about my friend and I's plan in putting up our business: "wag na wag ka makikipagsosyo dhl baka ngayon magkaibigan kayo bukas hindi na"

[@DC-ss3xf]

This is a real content. Di tulad ng iba puro walang kwenta at kayabangan lang ang vlogs haha

[@deolisaconanan1551]

A project study is very important before starting a business. Do not engage in a business by impulse. Daily accounting is very important and your presence too.

[@writebetterwithteachermel]

I like these two very smart, level-headed people.

[@reneehassani]

Biznezez that failed - summary (notes) Mikael: 1. reselling unique items -failed because globalized na online selling now, easy to ship in unique items Biznez nila together 2. cafe - failed because too expensive overhead (i.e. materials and furnishings used, food&bev etc.) and not enough hands-on partners to focus on venture 3. men's grooming shop - failed from a series of unfortunate events (nasira bubong, malakas ulan, inulan sa loob, too much risks n xpenses)

[@slamvlogs]

thanks for this

[@juancarloconcepcion8494]

I also failed initially when setting up my service oriented business. And I’ve been following Chinkie Chan and he said something that really made me realize things about business. He said that experiences is not the best teacher. Other’s experience is the best teacher. That is why research, study and in depth learning is very important. :) God bless you guys.

[@Dabdabandmama]

exactly

[@edwinfcapidos]

"Focus on the things that you can control." that helps me a lot on downtimes of my business. You can't dwell on failures, just have to learn from it. :)

[@savanthism2966]

i hope to find a woman like megan in a world full of girls. connecting with someone in a spiritual level is a life changer 💙💫

[@jmoa27]

New subscriber🥰 Your story is raw and real. My husband and I had a business which was painful to let go as it was affected by the pandemic. It was so hard to talk about it at home as it’s a mood changer but hearing your stories made me realized that it’s the things we learned; from putting it up from every single detail (including brand name and logo), business registration, business planning, purchasing, accounting, sales and marketing, and we shouldn’t blame each other for its closure but take the experience as valuable life lessons 😉

[@hyceeRamos]

Love this! You guys keep it up. It's great that you didn't take the failures on each other. That's so rare.

[@renejerahmeljuano2052]

I watched ur podcast just in time. Few months ago my boy friend and I started a small business but eventuallyhad to stop it because we also have our work we had to focus on since it was struggling. It was doing well enough for a beginner I guess 'cause we were receiving repeat orders. But now that we already have the focus, motivation, and organization we need to be able to multitask (work plus business), both of us plan to restart our business. Your podcast is a big help for us. I just realized what are the things that went wrong and the things that could have done better. You just gave us additional motivation. That's why I love your partnership. You are, indeed, a Relationship Goal ♥️ P.S. I use my boy friend's KZbin account 😁

[@jessamylce08]

I love this conversation! And I love how this couple talks to each other. So much respect and encouragement. Keep going, Megan and Mikael!

[@titaizel963]

I like it when couple vloggers are talking to each other na nakatingin tlga sila sa isa't isa.. hindi sa camera.. ❤️❤️❤️❤️ Sarap nyo pakinggan.. 😘

[@wyncherleydelgado5882]

Love how honest you guys are! I also have a failed milk tea business and it takes a lot of courage to accept failure and the guts to take the challenge and start again. But once you're a business owner, I think you'll always have that business mindset.

[@aehra95]

This is so timely. Thank you for this! 🙏

[@englishteacherjulie6329]

So happy hearing Mikael mentioned to have “RECORDS”. So true. From my small online shop to my household expenses, I make a record everyday even I spend 1 peso.

[@aydapadistudio]

Frist time to watch you guys, and the episode is so appropriate to my current situation! I had a failed carwash/detailing business 4 years ago. We were 4 partners, my then-BF and his 2 barkadas (a husband and wife). 1st mistake was: That time, I was working a highly demanding corporate job and 2nd) I wasn’t really into cars, while my 2 other partners were very into cars and had more flexible schedules. Needless to say, I lost interest in the business after about a year into it, and to make up for the guilt of not being able to be present during meetings all the time, I was volunteering to “abono” money for maintenance of the shop, expansions, etc. 😭 HUUUGE mistake cos I ended up bleeding more money and ended up resenting my partners a little. 3rd mistake was I wasn’t really that comfortable with my other partners. My 4th mistake was that it was my 1st biz venture and my main motivation for getting into it was WRONG - I just wanted to call myself a “slash-entrepreneur” (as in marketing-person-slash-entrepreneur). When my 3 partners decided to expand the biz after just 1 year by opening up a new branch in a city that was like 3 hours away from all of us, I didn’t feel it was right. But I decided to keep quiet cos I wasn't comfortable speaking my mind and felt maybe they know better than me since they’re more engaged in our business. Long story short, the new branch location was so far that none of us really had the motivation or the bandwidth to go there to supervise on the regular. One of our employees ended up crashing a customer's car to the car wash wall, and we had to pay the owner of the vehicle out of pocket (apart from all the other money we’d already put up for the 2 branches). Sobrang sakit sa puso talaga 😭 My then-BF and I decided to opt out of it a year after that incident. We haven’t gotten any of our money back. But like you, nag-usap din kami that time na ito na lang yung tuition natin for our “real life MBA.” Now, we’re living in an island and are planning to put up a small coffee shop. My hesitation/fear gets the better of me most of the time kasi medyo traumatized ako sa 1st business failure ko. It's not so much the money but the fact that I failed in something that hurts the most. But I’ve decided also to choose growth over comfort. Thanks for making this episode! Wala masyadong tao na madali aaminin that they failed at a business. But reminding us na it's about what lessons you got from it really helped me get my head on straight again.

[@jkc-kp]

That's alright. I've had plenty of failed businesses and investments as well. I completely agree with treating the loss as your tuition fee. Thank you for sharing with us your experiences! Your videos are always so so so insightful!

[@jahd5790]

I love couples who are confident to talk about failures.

[@rositaisip7512]

Thank you for sharing your experiences, good and bad! Learned so much for even a short time watching you podcast!

[@Ray-nc7dv]

I love this conversation. All your points are relatable and therefore helpful. Thanks for sharing.

[@FunKidsChannel12]

Hindi po talaga maiiwasan ang failures kasi kahit yung negosyo ko ngayon nahihirapan din due to Covid-19 situations. Pero pagnag-lolosses at hindi na talaga kaya. Stop the business na. Basta ang pinakamagandang type of business ngayon ay SERVICE BUSINESS kasi yun yong pinakaimportante ngayon para mabuhay ang mga tao. Sana makahanap kayo ng negosyo na maglalast po. God bless your journey in having a business. Hope your business will grow soon.

[@EmariPimentel]

I love this podcast! It’s very relatable. Mixed Cd’s Hehehe relate much during my high school years! 😂😂😂 and all the learning curve of failed business made me learn a lot and still learning from it.

[@rowenamagbual6568]

Great experience/learnings for both of you. It is a gained wisdom. Congrats!

[@leisilo721]

I love how Megan shows interest sa mga shineshare ni Mikael by asking follow up questions! Dun lang ako medyo nakulangan kay Mikael. But i had a good time watching.

[@delatorrehelen456]

Having a business plan is very important and also have a swot analysis of your business. You need to know what is your target market who are those what they need .

[@felidiaringor5685]

Hello Megan and Mikael! Excited for today’s podcast❤️😀

[@gigiazcuna1799]

loving the naked honesty with these two... thank you for sharing your experiences and the words of wisdom...wishing you the best of luck on your next endeavor

[@YOURRACHINAPRIL]

It's the title that caught me!. Thanks for discussing about it Megan and Mikael ✨

[@rain6421]

Your podcasts are worth watching. Very inspiring ♥️ More please.

[@cristydizon5331]

I love this couple very informative and genius in their own way.The best tandem talaga kaya sila perfect together to say a word on such topic dahil malaman at real life experience conversation nila walang halong drama.

[@jessarodriguez9571]

Thank you Megan and Mikael for this content. I learned a lot! ♥️♥️♥️

[@kamzjph]

I really love you two. Very inspiring and all ur contents are ll worth watching

[@lorendayso2569]

Yaaaaaz! New podcast! ♥️♥️♥️

[@ayhinbaltar1931]

Ok lang yan mga lodi alam nyo hindi mn tlga lahat ng business naging success tlgang sometimes we need to failed but ito ung nagiging guide qng paano ka mging matatag at hindi susuko para mag open ulit ng business,,bka hindi para sa inyo baka ni ready keu ni Lord para sa new business nyo naiisip,,, wag keu susuko try and try lang.... tandaan nyo lodi nasa mundo tayo ng wala perfect tlga pagdadaanan minsan ang mali ang failure peru ito ung nag papatatag para maging successful ka sa business qng baga hindi nahihinog ang bunga nyo baka the end of the day subra hinog na.. baka time nyo na ,, go lang ng go wag susuko.. saka lage nyo unahin si GOd before business... godbless

[@titaizel963]

YOU GUYS ARE THE BEST!! ☺️❤️☺️❤️

[@esltutorrio2317]

I love how clear they discuss about the topic and how they listen to each other. Di gulo gulo o kalat kalat. Di ako nabore at natapos ko hanggang dulo. Hehe. Thanks for this! It's so helpful, informative at di nagulo utak ko. Hehe. Looking forward to more podcast together. 😘👍❤️❤️❤️❤️

[@gd.m.2236]

Very inspiring. An honest to goodness experiences from d couple. Great content mike nd meg. Good caveat, somethin to reflect on. Like jack ma, he would rather write a book about his failures than his successes. Bless you more...🇹🇴🇹🇴🇹🇴

[@friendale13]

I think paupahan ang walang talo na business sa ngayon (not condo). Mabakante man ng ilang araw, walang talo. In years pa tumataas ang value ng house and lot mo 🏠

[@arielynb1435]

Very nice topic and though it was a story of a failure, you discussed it too well & cool. Galing! I know next time yours will be a success!

[@YOURRACHINAPRIL]

This video makes us realize that Failure is real and happens in every business. I know this is not easy for both of you but keep striving! 💖👊

[@rubensilvestre3645]

Love that you share your experience in putting up a business ...yes... in most cases you must have the DNA of being an entrepreneur.... conditioning is part of being successful😁😁😁ty.

[@minmineugene2214]

dapat talaga may feasibility study bago mag start ng business. start small muna bago mag expand. good luck on your future businesses! maski nasa showbiz kayo, hoping you can put up a business of your own pa rin.

[@jenniferdeita3078]

I super Like this topic of yours.. ❤️

[@jennyico9039]

Natawa ako nung sinabi nilang "tuition fee" because same thing na sinabi namin ng husband ko nung na Scam kami sa investment 😂lets take that as our tuition fee.. Ang mahal matuto talaga minsan👏

[@whereisjan]

Learned a lot in such a short period of time. ❤️ Raised the same way as Meagan.

[@DP-zt1tr]

This should be the #1 podcast in ph

[@teee28]

Love your humility. :)

[@mangaoang]

I also have my fair share of failures in the past with businesses but you're right even the failed businesses are assets. Everything you learn from there is a stepping stone from improving and eventually those experiences would be your guide to make your next business work.

[@athruncagallifan]

Your voices are very soothing! ☺

[@mrbranch]

This couple is the realest in showbiz. Me and my wife love watching you.

[@bensonjaybuala5136]

Dami ko natutunan as a college student taking entrepreneurship course. Worth it panonood!

[@jessicadelossantos8520]

Napaka humble niyo po

[@doloresmatsumoto1309]

God bless both More happiness

[@bitsofrachelle4597]

They have great content👍

[@pinoykachika8319]

I love this couple. No boring moments.

[@cherrysantos96]

That's just so humble of them to admit that they have failures.

[@Bellamaria143]

And success ninyo is you still have each other kasi kahit ilang business failures na ang dinaan ninyo together pero solid pa din ang relationship ninyo at di naapektohan from the experienced.

[@jennifervega5544]

Megan ang beauty Queen na super simply.

[@maryjoydormitorio3148]

Hi ate Megan and kuya mikael keep safe po lab u both ❤️❤️❤️

[@victoriadelacruz6947]

love this couple

[@flip0x01]

I happen to stumble upon this video and I concur. One thing that I wanna share here is that you should never take risks that could wreck you. What I mean by "wreck" is the situation that would prevent you from taking another risk once again. Businesses/investments fail and if that happens you have to be able to bounce back and start over again. An example would be, investing money that you don't have (uutang ka to invest) or uutang ka with your home as collateral. The worst outcome is you double your losses (plus interest) or become homeless and that situation would prevent you from bouncing back at least sooner. Also, learn the basics of financial literacy like what the heck does compounding mean. Cheers!

[@flordelizabonaobra9553]

I failed many times in business...but now I still in business but different sa mga nakaraan ko...Online business lang ako ngaun hnd tulad dati as in gumastos ako ng malaki but I failed...now hnd ako gaano lumalabas ng puhunan and madalas wala pa puhunan pro kumikita ako...not but nadin lalo now pandemic..God is good ❤

[@TeamDIALAdventures]

Very interesting...ang topic, your generousity in sharing your experiences and how you do the podcast ay sobrang amazing po...lodi ko kau😎👍

[@TeamDIALAdventures]

So cute nung briefing and debriefing sessions😂👌😎 so funny couple...very organized...oc

[@doloresmatsumoto1309]

Hello salamat naman may new post

[@mailynjanesalacup7422]

andame kong natutunan ❤❤❤

[@paulbryanfernando3305]

this is a good topic

[@esque8961]

I used to like you guys And then hated you because you are such a perfect couple that it’s just bothering me becausd I can’t have it But now I love you again because I’m learning a lot and learning how to keep a relationship not just in love but in other aspects

[@WinstonAlcantara]

Learning from failure is a SUCCESS. 😎

[@jennbercero8883]

Failure is a reality.. Fav couple..

[@KarenSundays]

Yes to the Audiogalaxy and Limewire generation!!! 🎶

[@romydexplorertv897]

Nice couple indeed you are wise when you learn from own mistakes 😊

[@jeremiahdollente2600]

Kailangan itong panooring ng mga nagfail sa buhay.... encouraging....

[@maryannmata7230]

Stays safe guys❤️

[@meetricia]

Huhu thanks for inspiring. Been trying hard also in the last 5 years. Stocks, real estate, crypto ... up and down, and roller coaster 😭

[@iamjabby3688]

Salamat po

[@richardtabaranza8340]

Funny - briefing and debriefing protocol. 🤣 But my wife and I also do that on some things or activities together.

[@anadionco9041]

Nice couples ..God Bless

[@titaizel963]

AWWW.. EXCITED AKO DUN SA KAHIT ISA MAN LANG NA SUCCESSFUL BIZ.. PLEASE.. 🙏😊🙏😊

[@seonm4284]

Both of you already have a successful business being a famous actress/ actor 😊

[@ShoppingwithRina]

I love making business

[@weltschmertzz]

We need to put more emphasis that more often than not, you have to fail a bunch of times before you have a successful business

[@caelumvibevapejuice7161]

Loving dis partner. 💖

[@greatamorist480]

I really like this couple. Para ring Gablil.

[@annietrillanes2719]

sana may ganyan din kame kadame pera para magstart ng business 🥰🥰🥰 survivor shop here 😇😇😇

[@luningningdeguzman5542]

Yes it's TRUE. I open up so many businesses like Franchise of 20yrs ago Jun E salon, 22yrs ago fish cages in Laguna, computer shops 20, 28yrs ago buy and sell artificial plants and pots, 15yrs ago landscaping and lastly nag open ako it's a Korean restaurant year 2018 after 2yrs and 4mos nag sara na then after 2weeks nag lockdown. Lahat nag failed. Siguro sobrang trust sa tao, nag wo-work ako as sales and purchaser mga sa isang company. Lahat hindi natutukan. So now rest na lang, mag relax at manahimik na lang and enjoy what I have. Anyways ang husband ko ang okay sa business namana niya from his parents kase naisabak na siya bata pa lang. Like Megan para pang office at bilang sales mktg ako as manager ng isang company. Pero ung mag sarili ako ng negosyo hindi ko kayang imarket hahahaaaa... 😪💔

[@rofemanalo1849]

Huhu why is this not in spotify yet :(

[@justinlozano4783]

I do saw you guys from that coffee empire in west ave you guys are lovely, that time i guess you are learning the siphon thingy in coffee making

[@kjn3829]

Relate much ate Megs 😅

[@3arcovich]

It isn't failure, it's just a step for clarity and improvement..😉

[@kimbranzuela]

I know it's petty but that deep sigh though at 07:17 napansin ko lang hehehe or maybe I'm wrong... Megan was so excited to make kwento but 'Ah ok' lang yung nakuha from Mikael... Anyway.. still love this couple very much! :)

[@piespies10]

I failed 2 business already both of them are MLM.. I think the factor din is the support of the people around you. if you dont have a good support system like your family and friends it will fail. now im thinking about putting a new small business but i still need to make sure that i have a good business plan and strategy so i wont be overwhelm again.

[@ianjudy8979]

Im learning a lot of idioms in this podcast😅👩‍🏫🤗

[@Brudda97]

ever tried ever failed no matter. fail again fail better one of my favorite quotes especially in business lmao

[@jirehmaria4923]

Accept that the business failed and figure it why and learn from it.

[@alvinpoito7782]

Face shield Sana business nyo ahahahahha kkita tlga kayo😁😁😁✌️✌️✌️

[@arekopo]

Grabe nmn yung nahulog na debris. Sana walang nasaktan.

[@bryanadam2042]

On a hindsight, why don't you have a merch? I would love to have a Fofo and Madam Bonez merch maybe like a "Funko Pop" figures?