In business, you would have learned a great deal from the experience. So not all lost.Ventum wrote: ↑Sun Nov 10, 2019 9:22 amA story is never black and white. Some things went wrong from the start which made the company lose money. Roughly 60k was wasted on machines which turned out to be useless.
I am not going to name people or companies, bottom line, lot of money wasted. Never the less, the owner turned out to be a person that lies easily and almost never replied to people that were owned money. Both are unacceptable in my opinion and a recipe for disaster.
Short version, Aussies and I had no access to the bank account, we don’t know where money went exactly at the time of their first investments. Later was more clear as they paid straight to things for the factory to keep going. All we know is that they (as I) would get a part of the company but never got the contracts.
What I would get? I was initially promised 40% of both the factory and the brand for running both.... except the finance.
I had a very well-paying job at Unilever R&D to pay my bills. I worked early morning, late night, weekends, vacations.
70-80 hours a week became "normal". After the Aussies joined my share would off course get lower, no problem, things looked better than ever.
When I quitted my paid job to go full pull and willing to invest also money in the factory I asked to put all in a contract and that was an issue for the owner and by then I learned already that he was lying and cheating people so I knew enough.
What I lost? I have worked 5 years without salary because I would get part of the company which turned out to be a lie. Do the math, 5 years 40 hours a week at least, not a single week or weekend without working. What I find harder, I missed 5 years of the life of my kids.
People like to point at a single thing or reason as that is easier but the full story is much more complex (isn't it always) and above is just my short version.
This story is closed, it only knows losers.
When one story ends, new stories begin.
Yesterday is history, tomorrow a mystery, today is a gift!
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