A Tale of a Business Failure

A Tale of Business Failure is a story of how a highly successful company quickly eroded and failed. The impact of the company on the shareholders' lives modified behavior and decision-making to the point that the company was directly affected.

This is not a story about why businesses fail. Instead, this is a story about how my company failed and how the shareholders' lives were forever changed.

Although I present this story about one company, the lessons are deep and far reaching. Anyone that currently owns a business; is contemplating owning a business; is involved with a business as a consultant, banker, or lawyer; is a business educator; or is a student of business will benefit from reading this story.

My education, training and experience were not enough to prepare me for the events that led to the demise of this company. My only hope is that you will learn from our mistakes and not let history repeat itself with your company.