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What is the worst situation for people who fail to start a business? How's it going now?

? There are successes and failures in starting a business. Inexperienced startups have to pay tuition fees. Don't think that starting a business is really easy, in fact, it is very difficult to do it, because you have no experience, no connections, and you just do it blindly. Instead of doing your own business, you lose all your money. Therefore, if you want to start a business, you must have a good understanding of this industry, see how the development prospects are, and whether you have the ability to do all this well.

? A friend of my dad's was a rich man a long time ago, and his contacts in the society were actually very good, and almost all his friends around him were rich people. Five years ago, because he saw others making a lot of money in the cloth business, he wanted to set up a cloth factory, build a factory here, and then sell the cloth produced in Guangzhou. Because I don't have any experience, I don't know much about this fabric, and I don't have many sales channels. I just heard from others that doing this fabric business is not afraid of no market. As long as you can produce it, you can definitely sell it. Later, I will take out all my net worth, then take the real estate license, and then go to the bank to borrow hundreds of thousands of money, all of which will be invested in that cloth factory. However, the more you do it, the more you lose money, and many products you produce can't be sold. At the end, you can't run without money and you can't support yourself, so you go bankrupt. I lost all my money, and I still owed a lot of money to the bank. Because there was no money to pay back, the bank came to put the house away, and the family behind me had to rent a house outside, and life was very embarrassing.

? A few years later, because of his extensive contacts and many rich people he knew, he came into contact with the gravel wholesale industry under the introduction of others and followed a good friend of his. With the help of that good friend, he slowly started the gravel wholesale business himself, and his life improved a little. Although he was not as rich as before, he would not be embarrassed to have no house as he did a few years ago.

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