What is the biggest mistake you've made working online?
We've all had tough times and sometimes it's because we made a dumb decision and it bit us in the ass. I know I have made some mistakes in the past and it has cost me a lot of money, I've even cried at some of the mistakes I made. But that didn't hold me down because I'm not that type of person I've learned from my mistakes and I use them as stepping stones to success
So since I'm asking what you're biggest mistake was while working online, I may as well talk about mine I'll actually post a couple lol.
A big mistake I made was starting up a clothing company with a few friends who didn't have a marketing or design background. One of the guys was my current business partner and knew what he was doing, but the other 2 were just friends with an idea. I invested some cash into the company so we could get incorporated and get some product in order to make some initial sales after all the designs were done. But quickly I started seeing a pattern in on of the friends actions that was not good for business. We all were equal share holders, so our business titles didn't matter. But the "CEO" decided he could use the company card to take out girls to sushi dinners in downtown Chicago. And if any of you have been downtown for sushi, you know that's a $250 bill at the end of the night lol And not only was he paying for this on the company card, he was using my investment to pay for this. I was a bit pissed off at this point and we cut off every card just so he couldn't go to the other friend and "borrow" his card. We now had 4 dead business debit cards which were worthless. We quickly dissolved the company and I haven't talked to the one "friend" since lol.
My other big mistake is when I was purchasing a website off of a big buying and selling platform. I bought the website for about half of what I had in my account at the time, which you shuould never do. And quickly after I purchased the website and we got everything transferred, I realized that the person was selling the website because the scripts that made the system so awesome were going to be worthless in a few weeks. I purchased a backlink checker website that ran on yahoo system that was discontinued. Yahoo made an announcement that the system would be discontinued, and the person who owned the website knew they were going to be dead in the water when this happened. So they sold it. None of the comments warned buyers that this was going to happen, so I'm not sure how it slipped through the cracks.
Well, those are 2 of my biggest mistakes working online.