There was a time when going bankrupt was almost a welcome thing, you couldn't do it if you hadn't hit the bottom.s.
When I heard that when I was younger, I didn't understand and I never thought that anyone could go bankrupt with payoff.».
There is no such thing as paying bankruptcy. And it's never happy to go broke. However, this is not a must. An entrepreneur must stop digging his own grave at some point and realize that he is in the throes of relentlessness.
The first quality of an entrepreneur is perseverance, the worst flaw of an entrepreneur is also perseverance when it turns into relentlessness.
Certainly when you see companies going bankrupt when the entrepreneur has a big house, it gets people talking, and that's normal.
He probably reacted a little too late and realized he was in the fierce phase.
And believe me, I was the first to run into him.
I have never gone bankrupt, but I have abandoned projects in the past because I was ahead of my time or underestimated the marketing costs to promote the product.
Because the sinews of war isn't the product, it's the marketing.
Companies often forget this part and think that having a good product is enough.
It's wrong !
If you know my shop in linewww.francoislambert.one, I tell you about it non-stop and word of mouth is doing its job.
It will have taken 11 years before it works. If I had wanted it to work and had put in a lot of money 11 years ago, I probably would have closed the doors.