Your fault for failing at business but you'll still probably blame the government.

Ted.

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Processing a highly structured and complex pattern of sensory input as a unified percept of "music" is probably one of the most elaborate features of the human brain.....understanding how music is perceived and how it may elicit intense sensations is far from being understood.

quote:

Originally posted by Sonic_c Im 23 started a business (recruitment) when i was 20 went real well had 6 employees got house car everything. Now im bankrupt. My fault for failing in business? Or THe govs fault for having debts that exceed gdp and the banks for being dicks. Seriously all my clients went bust therefore i bust. Good end to story though now i music student studying music production all week for 3 years

while i don't claim to be an expert in the recruitment industry in the UK, i can say that when i was there in Feb, i saw ALOT of recruitment companies. They were everywhere (mainly i was looking to see how much i could make as an engineer in the UK). Seems like you started the wrong kind of business. Trying to start a small business in a market sector that already has a lot of competition isn't the smartest move imo. Especially when the market is heading towards the shitter.....

That all being said, being bankrupt at 23 isnt as bad as it sounds. At 23 you still have lots of time to rebuild your credit etc (plus it s a great way to get off the hook for federal student loands, not sure if it works that way in the UK, but in Canada most gov sponsored student loans are federally insured for bankruptcy)

Best of luck to you

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Originally posted by pkcRAISTLIN I have 3 hobbies: gaming, DJing & correcting maladjusted fools on the internet.

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Originally posted by pkcRAISTLIN Yeah, I’d like to know what horrible, scarring incident in your childhood turned you into such an ignorant, intellectual-hating philistine?

yeah Thanks man it was a shame i was getting well known in auto sector had some good clients. Most people i know from other sectors are still finding it hard. IT seems to be doin well but some massive players already have it sown up. the motor trade was like a golden niche at one time. Having said that I have the experience of being self employed now. So i am hoping with my music degree i get in 3 years I can start a music company but as I am quickly learning in music industry class thats one of the hardest things to make a success of.

Long road but ur right about 23 debts gone. The company left me with 35000 uk pounds $55000k maybe? anyway its a lot of tax bills, office rent an stuff so glad that will be going with the bankrupcy.

Student loans not affected which is a shame but in the uk if you go into teaching for 3 years they get wiped so might do that.

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Processing a highly structured and complex pattern of sensory input as a unified percept of "music" is probably one of the most elaborate features of the human brain.....understanding how music is perceived and how it may elicit intense sensations is far from being understood.

This wouldn't have happened if you had adopted my favourite economic system.

Last edited by Leon Trotsky on Nov-26-2008 at 23:04

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Originally posted by Leon Trotsky This wouldn't have happened if you adopted my favourite economic system.

You're right. The man wouldn't even have started a business.

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It was probably down to your atrocious grammar.

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Originally posted by Krypton You're right. The man wouldn't even have started a business.

It depends. This man's calling could actually be a farmer. Growing grain which would feed the country's people would be an admirable occupation.

Running a business isn't for everyone. Of course, in my vision, his business would be my business. No one would be left behind.

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Originally posted by Leon Trotsky It depends. This man's calling could actually be a farmer. Growing grain which would feed the country's people would be an admirable occupation. Running a business isn't for everyone. Of course, in my vision, his business would be my business. No one would be left behind.

And compensate the farmer's labor how? With a warm fuzzy feeling of helping his fellow man? That's not how reality works.

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Because...

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Originally posted by tubularbills you're bankrupt because you couldn't manage your finances.

and...

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Originally posted by Sonic_c Good end to story though now i music student

... you still can't.

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quote:

Originally posted by Krypton And compensate the farmer's labor how? With a warm fuzzy feeling of helping his fellow man? That's not how reality works.

The grain would be distributed evenly. A full stomach is better than wage labor.