A short YouTube monologue by Ray Blanchard (Feb 2014) in which he recounts selling his shares in a struggling product too early—later the product became highly successful across Southeast Asia and North America. He frames this experience as his biggest business mistake and advises believing in your product, persevering through tough times, and staying past early challenges because major success often follows them.
My name is Ray Blanchard. You can contact me at www.rayblanchard.com. my biggest mistake in business is when I had a product and a business partner, and the product was struggling at the beginning, and it started to make money and started to make traction. And I decided that that was the time for me to sell my product. And I sold my shares in the company too early. And now the product is worth tons and tons. It's got so much traction all over Southeast Asia, all over the United States and North America. And my biggest lesson out of all of that was to believe in what I have and believe in what you offer, and to stay with it and persevere through the tough times and through all of the challenges that you have. Because right after the challenges are always the silver lining. And that's when your greatest success is, after you've gone through the biggest steps, the biggest challenges.
