How to Succeed After Failing in Business

How to Succeed After Failing in Business - Part 1

Рет қаралды 15,383

Күн бұрын

Want to find out how to succeed after failing in business? Is that even possible? The short answer is yes. How do I know? Well, I failed…miserably.
I went from owning a $100m business to losing absolutely EVERYTHING. I was millions of dollars in debt, I had to bail my business partner out of a foreign prison, and I went from sleeping in penthouse suites to slumped in the gutter.
… I guess you could say if there was such thing as an epic fail mascot, it would be me.
BUT… I learned a lot from all of those failures and in this two-part video series, I share my own overcoming failure story of how I climbed out of that low place and became a better person - and entrepreneur - because of it.
Watch the video to learn:
• The background of my entrepreneurial journey - including my mishaps, misfortunes, and the whole ‘Tamer Shahin failure story’
• How I went from $100m business owner to desperately bailing my business partner out of jail
• Why I found it so difficult to accept and overcome my failures
• How I found the strength and determination to re-write my narrative
• The all-important lesson I learned at my lowest point and my best ‘succeed after failure’ tips
Remember, this video is just Part 1 of the full story, tune in to Part 2 for more tips on how to succeed after failing in business - it's turtley awesome! 🐢 😉
For more tips on running a business, subscribe to this channel (CEO Entrepreneur by Tamer Shahin) NOW / @ceoentrepreneur
Read the blog post on this topic at ceoentrepreneur.com.
This video is How to Succeed After Failing in Business - Part 1
• How to Succeed After F...
How to Succeed After Failing in Business - Part 2 is here: • How to Succeed After F...
ABOUT ME
Hi! I’m Dr. Tamer Shahin, the Founder & CEO of CEO Entrepreneur, where we help small business owners scale their businesses, without sacrificing their lifestyle, wellbeing, or freedom. I’m also a Serial Entrepreneur, TEDx speaker, Executive Coach, Consultant, Author, Speaker, Investor, and now… I'm a ‘KZfaqr.’
I’ve grown several multi-million-dollar businesses from scratch. Some of these businesses were massively successful and others turned out to be catastrophic failures! Nonetheless, I picked myself up and learned a lot from all of my extraordinary success and catastrophic adversity.
Now, I’m taking everything I’ve learned and leveraging it to create this KZfaq channel and help people like YOU scale your business to astronomical heights. Each week, I’ll be sharing tactics, tips, tools, and insights to help transform you into a “cool as a cucumber” CEO.
*Disclaimer*
Results are not typical nor guaranteed. You are responsible for your own actions and decisions. Neither Tamer Shahin nor CEO Entrepreneur can be held liable for any results you may or may not get as a result of decisions you take during or after watching these videos.
#CEOEntrepreneur #overcomefailure #businesssuccess

Пікірлер: 137

@CEOEntrepreneur 4 жыл бұрын

Thank you for watching this video. It means a lot to me. Did you spot my real turning point? Comment below on what you thought it was...

@Allure18 11 ай бұрын

Thank you so much for sharing your testimony ! I’m currently in the season of losing EVERYTHING & had to layoff ALL my employees which is indeed the hardest part of this entire turning point 😢 I’m watching your story & immediately felt a burden lifted because you give hope that everything will be ok the moment you changed the narrative of “failure* love you brother 🙏🏽

@rodrigofigueroa8656 3 ай бұрын

How is everything now? Any advice

@mastermindrational1907 11 ай бұрын

I find it more helpful to hear about business failures than successes.

@paulwoodhouse4757 4 ай бұрын

Thank you 🙏🏼 Small business here. Under threat from council about usage of my premises - despite doing everything right with solicitors etc. The fact that the commercial units in my town are empty means it’s even more ridiculous the council treat business this way!! Unbearable anxiety over this… so I can only imagine the dread over this situation you’ve described. What a message of hope for us all ❤

@CEOEntrepreneur 4 ай бұрын

Thanks for sharing. Hope it gets easier

@KudakwashePhiri 2 жыл бұрын

I'm Zimbabwean and felt I was crumbling but half way through your story I'm like I can do this. I know the panic anxiety and the pulsating racing heart every morning and the energy it needs to wake up every morning but you gave me strength during dark times continents away

@CEOEntrepreneur 2 жыл бұрын

Thank you! You can do this! 🔥🚀

@jp.gaviria Жыл бұрын

@KudakwashePhiri how did it go a year later?

@mikemike5973 4 ай бұрын

How did you get on?

@mikeyg1776 3 ай бұрын

Zimbabwe currency is less than toilet paper value.

@madamcjwalker67 4 ай бұрын

Thank God 4 this channel. I was an entrepreneur from 2000-2009 when I got pregnant with my 1st child. I've been knowing for years I need to restart but my mind keeps telling me I will lose $ again & that is holding me back.

@CEOEntrepreneur 4 ай бұрын

Glad the content is helping you. Do drop anything you would like me and my team to cover.

@RodderickPrinceParker Жыл бұрын

This is everything I needed to hear right now. Thank you for sharing your story man. It’s so refreshing hearing someone speak on how heavy the weight is on you when everything comes toppling down. That incessant anxiety is the worst. I feel affirmed and validated and empowered by hearing your story. Thank you again.

@CEOEntrepreneur Жыл бұрын

Thank you for your kind words. They mean more than you may think. And yes this happens to a lot of business owners and I feel it’s important to highlight to others that you’re not alone. Here’s to your inevitable success :)

@RodderickPrinceParker Жыл бұрын

@@CEOEntrepreneur cheers, mate 🥂

@tiffanysbeautifuljourney Жыл бұрын

My current business is failing miserably, I took a lot of losses in 2022 and I feel beyond ashamed! What brought me to your channel was your title, but after watching this video. Thank you for transparency, thank you for honest and sincere delivery. I didn't think no one knew how horrible I felt until I heard you speak. I didn't take a super huge lost financially like that, however my company has taken a lost and I'm currently in debt. I want to know how do I rebuild, how do I take the now knowledge I have and rebuild my company all over again from scratch. I feel ashamed because everyone that believed in my vision, I let them down. That part about feeling responsible resonated oh to well. I still feel like I need to build a 7 figure business because I owe my partners and everyone else that believed in me something. I see the benefit in my business as I made over 100K in only 6-8 months. I still see a real future I need to get out of my head and push past my failure and start over, which is something I'm willing to do. What do I do next, I'm headed over to part 2 of your video. How do I talk to you personally? Sincerely, Tiffany Glenn

@CEOEntrepreneur Жыл бұрын

Hi Tiffany. Sorry it has taken me so long to respond. Been playing a bit of catch up recently. The main thing I want you to do is be kind to yourself. One thing I learnt the hard is that I don't owe anyone anything except those who accept me for who I am regardless. You've been brave enough to take a leap many wouldn't have done and that despite the setbacks, you are following your passion. I know it is easier said than done, but we can learn from our mistakes but try not to let them weigh you down or you won't be able to move forward with the right mindset. Why don't you take this quiz and see where you are right now? And we may get the chance to have a strategy call together to see how I can support you. ceoentrepreneur.com/business-triage/

@chasinggreatness6390 Жыл бұрын

The moment I realised that I better focus on enriching myself than working for others is when I experienced bullying in my present job. I am giving my 100% at work, investing all my energy and emotions in any task that I do, but still there are people who devaluate my effort and instead amplify my small mistakes, that's when I finally decided I will run my own business than working for somebody who doesn't appreciate my worth.

@CEOEntrepreneur Жыл бұрын

Know your worth. Absolutely!

@felixluvandale5311 Жыл бұрын

My take home is to "learn from failure" and "go at it again" wow!

@CEOEntrepreneur Жыл бұрын

Thank you!

@comlaptopmuziek 4 ай бұрын

THANK YOU ~~~ You are amazing Dr. Shahin. Your turning point is there are plenty of them in this short video. I will pick one BIG one is when you met your WIFE haha... all things happen for a reason and you met her~~ Thank you again my friend and please keep on doing these great sharing, we really appreciate it. Thanks, Tionist Li (from Hong Kong)

@CEOEntrepreneur 4 ай бұрын

You're most welcome

@chasinggreatness6390 Жыл бұрын

Your story is so emotional. I'm so sorry for what happened. I hope you are almost healed of the heart aches and guilt.

@CEOEntrepreneur Жыл бұрын

🙏

@PraveenaSarathchandra 10 ай бұрын

Thanks for being honest and open about your failures.

@carlabryant6707 Жыл бұрын

I think the turning point was being able to talk about it and having that crucial conversation with others and/or MH professionals. Writing it down, looking at the big picture.

@CEOEntrepreneur Жыл бұрын

Thank you for your comment. Talking about it to someone who was impartial but still wanted what was best for me was definitely a turning point for me

@samyaibrahim2156 4 жыл бұрын

You inspired me during difficult times when I needed words of encouragement. You are a blessing in my life. Thanks for all your support and advice.

@CEOEntrepreneur 4 жыл бұрын

Wow, thank you. Really appreciate your comment! :)

@MSApro123 3 жыл бұрын

Inspiring. Thanks for sharing Dr. Tamer. You were responsible, doing your best, it is the momentum you need to climb the hill. Best of luck

@CEOEntrepreneur 3 жыл бұрын

Thank you for your kind comments of support 🙂

@artandhorses 2 жыл бұрын

OMG! I'm not sure where your turning point is exactly but I can relate to the feeling of guilt and you might think you have not paid attention to certain details and then beat yourself up over it. (The company bailing out on the subcontractors). What a horrible story but you have been responsible above and beyond imho. Selling everything to save your business partner is quite the sacrifice. I know many that would have just talked their way out. You stayed true to your values of caring for others.

@CEOEntrepreneur 2 жыл бұрын

Thank you for your kind words. It means a lot to hear this in more ways than you can imagine. Do let me know if there are any topics you’d like me to cover on this channel.

@greymhattson2264 7 ай бұрын

Above and beyond, this has to be my favorite video. Thank you for showing us this different side to everything and how to get out, this makes me trust your advise.

@CEOEntrepreneur 7 ай бұрын

You are so welcome! It's hard to show the dark side of business but it happens all too much unfortunately, and something we can all learn from

@MarloesHalmans 4 жыл бұрын

Thank you so much for sharing this and also the support and super valuable advice you've given me in our many talks about my businesses and challenges. So grateful for that!

@CEOEntrepreneur 4 жыл бұрын

You’re welcome and thank you too so much Marloes. You are an inspiration yourself. Appreciate your kind comment!

@ndoremieux 4 жыл бұрын

thanks for sharing, this is very inspiring, turning point to me was when you realized that what kept you feeling down was that you didnt know how to handle the failure.

@CEOEntrepreneur 4 жыл бұрын

You're welcome! Thank you for watching... :) I will let others comment also what my turning point was before commenting on it myself :)

@hugeschieme4244 8 ай бұрын

Thank you for your heartfelt story! Let’s one know one is not alone in these entrepreneurial struggles.

@CEOEntrepreneur 7 ай бұрын

So true!

@DeepaNat12 4 жыл бұрын

Great insights...thank you for starting this channel and sharing your advices. Your advices have been so pragmatic and stop-on

@CEOEntrepreneur 4 жыл бұрын

Thank you so much. Really appreciate your comment :) Did you spot my turning point? ;)

@eliteone0643 Жыл бұрын

I really appreciate this video. I’m currently at the low point of my failed business attempt. The anxiety that comes in the mornings and with every call/text/email is hard to describe. Your story gives me hope and inspiration that I’ll make it through this

@mariaioanna1975 3 ай бұрын

i am at the sam point !

@alisaevans6588 3 жыл бұрын

Wow, thank you for sharing this. Very intense. This is such an inspiring story that we can all learn from!

@CEOEntrepreneur 3 жыл бұрын

Thank you Alisa 🙏 appreciate your kind words

@falabsi 4 жыл бұрын

You should be proud and feel proud, your only failure and weakest link is your customer not honoring their contract and that’s not your fault, you did your best and what you needed to do in that situation, many people wont go out on a Lim to bail you out.... so yes progress not perfection this is what we need! I think your one of the brightest people I have met, you have a lot to give, cant wait to see what do you have next for us! Good Luck!

@CEOEntrepreneur 4 жыл бұрын

Thank you for your kind words! It means a lot :) and yes... stay tuned!

@affranchism 2 жыл бұрын

That’s so deep & honest. Thank you to share this, it is inspired me a lot to see things in different perspectives. In your story my aha moment was the definition of responsibility “able to respond” 🤯 this is a turning point!

@CEOEntrepreneur 2 жыл бұрын

Thank you for your kind words and I’m so happy to hear that it’s inspired you to see things from a different perspective… even if it’s by a small amount … this was one of the main reasons I made the video 😊. Feel free to suggest any other topics or business related questions you’d like me to cover on this channel!

@michaelduncan5046 3 жыл бұрын

Wow, this is deep stuff. Thanks for opening up and sharing your story to help other entrepreneurs.

@CEOEntrepreneur 3 жыл бұрын

Thanks Michael! This really means a lot to me. It’s definitely my intention for this to help other entrepreneurs. So words like this make the whole journey and doing this video worthwhile. ☺️

@mercurious6699 Жыл бұрын

This is a great video, thank you so much for your honesty and vulnerability. Tremendously appreciated, and respect.

@CEOEntrepreneur Жыл бұрын

You are so welcome. Always best to be honest about our experiences!

@s41r 5 ай бұрын

Thank you so much for sharing your experience and expertise. I have been binge-watching your videos for the last three days and I've been learning a lot. I am in the early stage of my business, thus, I am trying to learn as much as I could. YOU ARE MY FAVOURITE KZfaq CHANNEL OF ALL TIME!

@CEOEntrepreneur 4 ай бұрын

Wow, thank you! Good luck!

@leejacksondev 4 жыл бұрын

Thank you for sharing so honestly!

@CEOEntrepreneur 4 жыл бұрын

You're welcome Lee. Thanks for watching and commenting here. Really appreciate it!

@malenchad 2 жыл бұрын

Dr. Tamer, Thank you for being pure and genuine in sharing your experience as an entrepreneur. Entrepreneurship seems to have been glamourized these days and most don’t talk about the terror and anxiety that one goes through in pursuit of their entrepreneurial vision and/or mission; You broke the mold. I’m an entrepreneur and I’m a very optimistic person who always persists even after failing many times over but for the past 2 months, I came across new and various problems, all at once, which led me to have moments second-guessing myself and the path I chose. Your inspiring story gave me additional strength and recalibrated my mindset knowing that I’m not alone and that I too, can and will weather this entrepreneurial storm and will come out stronger and wise to face bigger challenges. I wish you the best of health, wisdom, joy, and prosperity. Sending love all the way from the Philippines ( at 2AM ), M. Chad P. P.S. Your turning point was when you realized your mission is to help entrepreneurs avoid pitfalls and if they do, teach them how to get out of it.

@CEOEntrepreneur 2 жыл бұрын

Thank you for your kind comment. It’s comments like this that confirm to me that it was the right decision to share my story. I agree with you… too many glamourise entrepreneurship and whilst it can have huge rewards to quality of life and impact, it doesn’t come fast or easy. Yes you are not alone. Stay strong and use your challenges as learning points. If we don’t make mistakes, we’re not growing. Wishing you all the best. If you’d like me to cover any topics in particular in a video, let me know ☺️🚀

@PrashiddhaOrganicKrishi 6 ай бұрын

😊

@AndokoJones-ml3fr Жыл бұрын

I think the turning point was when you decided to abandon the general routine to pursuit what you thought was right within you which enabled you to take responsibilities for your decision as well as for others and of course couldn't have anyone to blame but yourself. Awesome

@homesickphotographycomau4107 Жыл бұрын

So glad you didn't go down with the ship, and have the great story to tell, to help other. Real strength only show it self at the point of sink or swim. Pride get the better of some Captain's/Ceo. Sounds like you had a lot of strong will people. Forgiveness other that you hold dear smothers all flames in breaking heart. Turn point, when you sold all you had to save friend and even asked help from family, to fund selfless deeds are always repayed 10 fold. The ticket to your resuccess.

@gaynorabovetheclouds Жыл бұрын

Thanks for sharing your story, I think re-framing how we look at difficult situations can be priceless so writing everything down must have really helped you to turn things around :)

@CEOEntrepreneur Жыл бұрын

Agree. It really made a huge difference

@fomocreator 3 жыл бұрын

Response able? Was that the turning point? Thank you so much for sharing your story and also for teaching us to rewrite our own narrative! Just about to hop on and watch part 2. I cannot wait! Woohoo hooooo!!!

@CEOEntrepreneur 3 жыл бұрын

It’s fascinating how everyone sees the same set of events differently. Even here! This is why I said it’s not as obvious as it seems and even I didn’t know it until much later. I’m still going to leave others comment on here before saying myself what I think it was. But remember p, there probably no right or wrong answer. It’s all about perspectives and how you interpret the narrative! Thanks for commenting! 🙂

@radl-wadltatjana8905 3 күн бұрын

Thanks for sharing! There was no turning point I assume it was always inside but needed the time and healing process…

@CEOEntrepreneur Күн бұрын

Time does heal most things...

@PurpleSquareVideo 4 жыл бұрын

wow that's an intense experience! thanks for sharing.

@CEOEntrepreneur 4 жыл бұрын

It really was... and it took me a long time to talk about this. But I felt I needed to say to others, you are not alone...

@Guds83 3 жыл бұрын

Thank you for sharing your story so honestly. I had a tear in my eye listening to the bit about your biz partner's life. I think as entrepreneurs we often take things to heart and feel responsible for everything and everyone, and of course we can't be - that's bad for us and for others.

@Guds83 3 жыл бұрын

Er, wife!

@CEOEntrepreneur 3 жыл бұрын

Gudrun, You are most welcome. Thank you for taking the time to watch and yes, responsibility can be a huge burden in so many ways if approached incorrectly. I learnt this the extremely hard way! I am hoping that by talking about my experience, I can in some way make all our inevitably rocky entrepreneurial journeys powerful tools for learning, growth, and ultimately positive impact on us and those around us. Thanks again for taking the time to watch and comment :)

@CEOEntrepreneur 3 жыл бұрын

Well you know what they say: 'happy wife... happy life'... so it all ends up there anyway! 🙃😆

@Guds83 3 жыл бұрын

CEO Entrepreneur true 😄

@manuniac498 3 жыл бұрын

Wow. That's some story. I agree wholeheartedly about learning from your failures, I've had many lol. It feels worse though when they're public, especially when you're a bit of a perfectionist. Thanks for the sharing.

@CEOEntrepreneur 3 жыл бұрын

Hi Kristan, thanks for your comment, hope my story has helped you.

@manuniac498 3 жыл бұрын

@@CEOEntrepreneur Yeah, I think it might. I need to get used to the idea of failing miserably but not intentionally, in front of lots of people, including the ones whose opinion matters to me. Thanks for the reply.

@bb7876 Жыл бұрын

Nice to hear your story. You have really good content too💯💯

@CEOEntrepreneur Жыл бұрын

🙏 thank you!

@paxton011 3 күн бұрын

Brilliant content Thank you so much

@CEOEntrepreneur Күн бұрын

Awesome, thanks for the love! Happy to hear you liked the video.

@Francestoke 2 жыл бұрын

I'm in the trenches of shame and guilt with a failing business, this video is helping me do you have any more videos about this specific topic?

@CEOEntrepreneur 2 жыл бұрын

Thank you for your comment and brave words. You can see the second part of this video kzfaq.info/get/bejne/htR5qZSCxtnFlmw.html which talks through a process to try to come back from failure … also this playlist may help which includes these two videos. kzfaq.info/sun/PLn39xAKhD8ju0LCvDzcUiM8xzjCg5VNUi. Good luck 💜🚀

@natissaconseils4140 8 ай бұрын

thank you so much.

@AnitabyDesign 4 жыл бұрын

Wow! My heart was pounding as you shared your story. I feel like I've just received a bit of therapy. I think your turning point happened when you rewrote your narrative.

@CEOEntrepreneur 4 жыл бұрын

Thanks Anita! We all have unique stories to tell. Can't wait to read about yours! Don't you think it's interesting to see how people interpret the same story in different ways (even when it comes to identifying what they think was my turning point)? I'll wait until a few more people have shared their thoughts on this before I chime in on what I think it was! Thanks again for watching and commenting :)

@FireInHisBones Жыл бұрын

I think between 15:44 and 17:39 was your turning point when you met your wife to be and also when you were having a discussion with your friend.

@bulent0505 7 ай бұрын

what a story wow

@pauliallen Жыл бұрын

It's nice to hear a British accent in America. I'm South African.

@CEOEntrepreneur Жыл бұрын

😅 I recently tried to replicate my voice using AI and it made me sound American(video coming soon on this)! Nothing like the real thing though. Are you in South Africa or are you a South African in the US?

@pauliallen Жыл бұрын

@@CEOEntrepreneur Thanks for responding. I am a South African in the US (I am now American). I became a lawyer here. I will look at your website.

@nocheblancamusic 3 жыл бұрын

Response able was the turning point

@CEOEntrepreneur 3 жыл бұрын

🙂

@artrenata Жыл бұрын

I liked it - thank you

@CEOEntrepreneur Жыл бұрын

🙏

@RamonChiNangWong078 8 ай бұрын

Car when on fire? Must be Murphy's law.

@CEOEntrepreneur 7 ай бұрын

🔥🚒🧯🔥

@diegomarcano7642 7 ай бұрын

Can we read about the case? Like, "we are not honoring past contracts" doesn't sound legal. Anyway, thanks for sharing.

@mariaioanna1975 10 ай бұрын

Hello From Greece. Thank you for this really really helpful and isnpiring video. Being a businesswoman in Greece with no experience i think is really really difficult. Lost everything because i coudnt control it.

@mariaioanna1975 10 ай бұрын

moreover i feel the same as you had felt back then

@aadcp4375 Жыл бұрын

I'm in this part right now. I can't sleep well at all.

@CEOEntrepreneur Жыл бұрын

I’m sorry to hear that. It’s not fun at all 😞. If you haven’t done so already, Please try to watch part 2 as it goes through things I did to find my way out of it. But please do try to find someone who you trust and has your best interests at heart to speak with as it can be lonely trying to work through this by yourself. Ideally the person should also have prior experience and has a similar business mindset as speaking to the wrong people who say go get a real job and I told you so is also not helpful even if they do care about you. All I can say here is try not to despair. There is usually light at the end of this dark tunnel. When you come out of this you Will be a stronger person. So Stay strong and best of luck 🤞💜

@Francestoke Жыл бұрын

@@CEOEntrepreneur I'm in the sane situation and the amount of times people told me to go get a real job is infuriating I'm so upset. I have a. E-commerce business falling apart

@KatM272 2 ай бұрын

I fear failure. I feel like i've lived 5 lives and failed at all of them.

@CEOEntrepreneur Ай бұрын

Thank you for sharing your thoughts. It takes courage to admit your fears. Remember, each failure is a lesson learned on the path to success. And we just keep picking ourselves back up again every time we fall again

@saidmeku707 Жыл бұрын

I think 17:30 was your turning point.

@emo0808981 Жыл бұрын

Man, this is a life saver. My thank you is not enough, it somehow eases the pain 🥺

@CEOEntrepreneur Жыл бұрын

You’re welcome. And hearing this means a lot more to me than you might imagine. Keep going. Here’s to your inevitable success

@maleekahollaway311 Жыл бұрын

I needed to hear this! Thank you!

@CEOEntrepreneur Жыл бұрын

Glad it was helpful! What resonated with you the most?

@daved5023 Жыл бұрын

Damn I thought I lost lots of cash.. Good for you .. Got there ince you can make it again bro.. If I can only turn my brain off fro. New ideas thst distract me from producing. Was at 120k month now its 49k Ahhhhh driving .y crazy cause I do t use sop and have staff to grow. Hand my head down and start over and do it right this time.

@CEOEntrepreneur Жыл бұрын

You can do it!

@auzzierobbie78 Жыл бұрын

Ok but unfortunately I have failed completely with my company unfortunately we ended up bankrupt how do we over come this I’m now working as a manager this is when u lose everything I couldn’t save it now I can’t start a business for 3 to 7 years I have to find a job please help

@taranazare2633 Жыл бұрын

16:33 was your turning point

@CEOEntrepreneur Жыл бұрын

😉😊

@ovdman 4 ай бұрын

You didn’t have a 100M company. It was valued on paper at 100M not actual revenue that would have translated to positive EBITDA.

@daved5023 Жыл бұрын

I use same music in my product video for ph kit..lol

@CEOEntrepreneur Жыл бұрын

Lol. The music is great!

@riajferdous Жыл бұрын

Why did you not sue the part who didn’t pay you?

@sellinaayoma108 3 жыл бұрын

😭😭😭

@eliaskritsikis 11 ай бұрын

Exactly how can i survive sth like that? Based in Greexe

@joshuachan7588 10 ай бұрын

🙇🏻‍♂️

@daved5023 Жыл бұрын

Bro it's your fault for everything.. For everything great and bad. Your the comander.. It makes you stronger and better . Think the pentagon lost 2.3 trillion lol So your good.lol

@CEOEntrepreneur Жыл бұрын

Lol yes agree

@daved5023 Жыл бұрын

So this is why your client gets sued. Your client can not honor Contracts. With new guy or you go after the old administration..this don't make sense.

@CEOEntrepreneur Жыл бұрын

Client was too big and powerful to take to court. We would have just lost a ton more money and gotten nowhere. Life sometimes doesn’t make sense / isn’t fair unfortunately.

@daved5023 Жыл бұрын

How can the director go to jail when the company should have a holdings company ... structure was wrong..dude.

@CEOEntrepreneur Жыл бұрын

Didn’t matter. In the country where the business was, the person who signs the cheque is personally liable even if you had a holding company or a limited liability company. That’s why other companies insist on a cheque to guarantee they’ll get paid. When my business partner got arrested, he met an accountant who was an employee at another company who got arrested when he signed a cheque that the owner of the company asked him to sign (which bounced) even though the employee had no shares in the company. It’s just the way they do business there. Although I’ve heard this is now changing.