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Anonymous
Humiliated; paid competitor to take my business
2016-02-08 16:29:28 Post No. 1083149
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Humiliated; paid competitor to take my business
Anonymous
2016-02-08 16:29:28
Post No. 1083149
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I've posted a lot about my business on /b/ and been told that I'm not fit to run a business. Included were the fact that I signed a lease with a landlord that made me responsible for some expenses of the other tenants and buying day old, poor quality but still sellable food for almost retail costs to then sell my customers. In both cases I failed to negotiate, didn't understand what I was being offered, and had a lawyer that was unhelpful or too slow to give advice.
Ultimately, I sold my business to the competitor who was selling me his day old food on the condition that I take on a majority of the store's debt on my own and pay him a sum over time.
It's been only a month and an old employee told me they're busy, hiring new staff to keep up.
When I left, I told the guy who took the business that I felt humiliated. All he said was that he was embarrassed for me. I paid him to take the business and now it's making money hand over foot. FML
