What did you do after your business failed

[Nomad]

When my first business failed, I was in debt and my first concern was to pay back my debt. It took me more than one year to pay back my debt. It was such a big financial blow that I did not consider creating another business for 5 years. When the second business failed, I was able to recover my investment and also pay the debt by selling furniture and other things.

 

[Xtynehappy]

When my last business failed, l took some time to rethink about where l might have gone wrong and rescheduled my business structure and revamped back.

 

[King Belieal]

My business has failed two times. And in both occasions, I just had to go on break and come back again with a better strategy.

 

[Suba]

When my business failed I did not have a large amount of debt, I only had to pay employee salaries that had not been paid for several months. Although financially there were many losses in assets and equipment that became unused and had to be sold.

 

[Starmix]

I am new to offline business and I never experienced a failing business. In case it happens I will go everything to revive it if could be revived.

 

[eLdavis]

My business hasn't failed yet. Yes it's not really going the way I had hoped but I am still working to ensure that things would turn out well.

 

[Springtime]

I have never run a business. But I think if your business fails, you need to accept the fact and reflect what mistakes you have made so that you can make improvements should you start a business again.

 

[Xtynehappy]

It's something that is very profitable when one notices the business failure before it goes down.

 

[Starmix]

In case it happens to my business, I will create another business but be very careful in the second time around.

 

[Xtynehappy]

In my country the business failure os something very normal. Most people switch businesses and fail frequently.

 

[Augusta]

When my first little business failed I just moved on but without picking up the lesson learned. it can never happened again

 

[Miley]

What I do after my failed business I move to the next business without been discouraged and hope for the best.

 

[magnus2022]

My business failed last two years and i feel devastated . In fact, i have never feel so depressed and emotionally unstable. I pray that i will never experience such failure again.