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Accepting Failure As An Entrepreneur - The Best Way To Get Back On Your Feet!
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[QUOTE="Alexandoy, post: 222303, member: 25510"] I had a failed business although it was not due to bankruptcy. My business partner did me wrong so I decided to part with him and eventually the business has to be closed. The failure caused me sleepless nights. I was fortunate to have a very understanding wife that she bought me a tape recorder. The internet was just starting and the cassette tape was still in fashion. My wife also urged me to attend a writing workshop because she knows that I am fond of writing. In other words, I had a positive diversion so forgetting the failure is not too hard. After 2 months I was engrossed with the writing club and there was no more pain on my failed business. However, I will not forget that experience because I know that you cannot trust a person unless you have tested him in such conditions. That is why my usual advice when starting up a business is to make it single proprietorship or a corporation.... never a partnership. [/QUOTE]
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Accepting Failure As An Entrepreneur - The Best Way To Get Back On Your Feet!
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