14 Oct Business Collapse After Going All-In
Today’s interview is one of those stories. An ambitious, well-meaning entrepreneur buys a business, and the whole enterprise unravels. Justin Willess spent every last dollar of his 401k to acquire the business, then inject money into it to cover payroll. Nothing worked; we hear the painful details. Now, I do want to sound a note of optimism in this otherwise shattering story: Justin sees himself doing this again at some point, buying another business. What hasn’t killed him has made him stronger. Please learn from this interview with Justin Willess, former owner of a construction business in Northern Virginia.