to be an online costume shop, somewhere you could hire and buy high end costumes from movies. Being the typical entrepreneur I rushed in and built a website, borrowed money from my parents so I could buy my first costume and then tried to sell what I had. The problem was being 15 as far as I was concerned the only people I could sell to were other 15 year olds, I hadn't done any research and while everyone thought it was a "cool costume" -- no one wanted it or could afford it and that business failed miserably. Fortunately that failed business led me on to my second business doing Web Design and Development and after two years, I decided to sell it. I knew nothing about how to sell a business or value a business, so I jumped on MSN Chat and asked a competitor if he would buy my business. He said "Sure, I'll give you $400?, I nievly said "Make it $600? and that was it... the business sold for 10x less than it was actually worth . After this I realised I had a lot to learn. So I started reading books, attending seminars, finding mentors and coaches to help me grow my businesses. After one particular seminar I took Bold Echidna my computer support business from being a home based business to having a large office and shopfront with 5 full time employees , and over a period of 8 years continued to grow