Monday, September 6, 2010

MNR Enterprises - the evolution of a company

MNR Enterprises started in concept back in 2003. My wife and I knew from back then that we wanted to be in business for ourselves. However, at that time, like most Americans looking to start a business, we weren't sure what direction to take.

We started originally on Real Estate. After buying our first property in 2002, we wanted to capitalize on that experience and buy property to rent. We acquired financing and set out with a great realtor at Coldwell Banker. After viewing several homes, we found one that was acceptable and placed an offer. Unfortunately, all attempts at a successful negotiation failed. Some of the other homes we viewed were either just not what we were looking for.

The idea had to be placed on the backburner when we fell to financial difficulties. This was a hard lesson to learn. However, an important one. We learn from our failures, not our successes.

In 2005, MNR Enterprises went online as an Ebay company, selling home decor products. After 12 months and one sale, this venture also came to an end. During this time on Ebay, we incorporated the business and purchased the website name, www.mnrenterprises.com. A move that would prove favorable much later.

Between 2006 and November 2008, MNR Enterprises, LLC existed in name only. No business was conducted. The time was spent investigating new business ideas that would work for us.

In 2008, by divine coincidence, I bumped into a former co-worker of mine from New York City at a dentist office in Jacksonville, FL. I used the word divine, since her husband introduced us to the concept currently utilized by our company today.

This journey of business ownership has taught us many lessons. Most of which will be discussed in our upcoming blogs. However, the lesson I want to part upon you today is to get back up after you fall. In the past I would have described my business experience as a lesson in failure, until I was enlightened to the fact that it was a success. I have gotten back up. Success or failure is determined by what you do after you get knocked down.

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