Life constantly hands us lessons. Oftentimes, we learn a new lesson that hopefully shapes us into better people. When we take these lessons and learn from them, we grow. But people working a normal 9 to 5 job aren’t the only ones who learn lessons. It’s the same for everyone, even real entrepreneurs. These entrepreneurs frequently make even more mistakes since they put more on the line. Even the best have failed repeatedly (and spectacularly).
At the very least, we admire these people who tried and failed, even if it cost them a lot of time, money, and effort. Owning your own business and becoming truly self-sufficient is a lofty goal along a path that’s always littered with failures and lessons. So we collected some of the greatest lessons learned from these real entrepreneurs about how and why they failed brutally. If you’re a budding businessperson who takes a close look at these lessons, you may learn something that prevents you from making the same mistake, so let’s get started here.
The Wrong Investor…Your Dad
Everyone knows involving your family members in your business can fail miserably. This person had their dad as the investor, which was the reason their business failed brutally. By the sound of it, this person’s dad had no idea what they’re doing in today’s tech-heavy society. Why did they choose them as their investor? There are some questions we’ll never have the answers to, but at the very least, we’ve learned from this entrepreneur not to hire our your parent as your investor (via eraserdust).