This bounce back in business is not pretty and some debate goes with it's inclusion in the Hall of Fame. The Hugo Boss brand is inducted into the Hall of Fame. Hugo Boss is remembered for his links to Nazism. He later apologised and it was accepted as a contrite apology and forgiven. But Hugo Boss died in 1948 and it was the brand that became the Bouncepreneur. Also Boss himself had his own bounce back in business showing that continued dialogue with creditors although painful sometimes...
Michael Allen wrote his first Bounce Back in Business book in 2017. It is called - Bouncepreneurs How to Successfully Bounce Back After Business Failure. In the book Michael provides a road map on how to Bounce back in business and life. Since writing the book Michael has spoken at numerous events and has even developed a special course called Bounce Back in Business.
During March the Book is available in free downloadable format simply by clicking on the book below.
George Foreman won the world title aged 45 to pay off debts and fund his Ministry. But his knockout bounce back in business was with the George Foreman Grill! He earnt $200m from a cooker using his personal brand. More than he made in boxing!
George Foreman really know how to bounce back in business as well as boxing. Twenty years after a 25 year old Foreman fought Muhammad Ali in Zaire Africa he returned to the ring age 45 to win the WBA world heavyweight champion. What a...
On St David's Day - the national day in Wales we remember Brothers Walter and Tom Davies. They are St David's Day Welsh Bouncepreneurs from Llanelli Wales. They tried in 1902 to launch a car hire business unsuccessfully. But they noticed so many cars were coming back with flat tyres. So the entrepreneurial brothers invented the spare car tyre of Stepney and this was their bounce back in business. But 1910 they were producing 75,000 "Stepneys" per year. Happy St David's Day to Welsh...
Heard of the Detroit Motor Company - no? It was Henry Ford's first car manufacturer which went bankrupt. He started again and becoming one of the top 10 richest people in history.
So even the mighty have failed.
Retired teacher Cheng Shilian is 77 from Anhui Province China. Loss of her husband and debts from treatment of her late son and his wife left big debts. Cheng was determined to clear them as bounce back in business after two failures. Now a successful tea entrepreneur.
Max Factor or Maksymillian Faktorowicz started work at 8 in Lodz Poland. In USA his partner stole profits and stock from a successful World's Fair launch. Max Bounced Back by opening a barber shop and went on to style icons of Hollywood including Jean Harlow's Platinum Hair!
Today we induct Otto Frank into the Bouncepreneurs Hall of Fame . Otto was the Jewish father of Anne Frank . He himself Bounced Back in business in an ironic way co-writing and selling over 25 million copies in 50 languages of The Diary of Anne Frank. Bouncing Back to keep his daughter's memory alive.
Oprah is one of only two black female billionaires. But when she lost $60 million on her Beloved movie in 1998 she gained 15kg and openly states it was her lowest low. But Bounce Back in Business she did!
With millions of dollars of her lingerie en route to South Africa Caprice was put in crisis when they halved the order and her stock was only in South African sizes. She bounced back by licensing her personal brand.
Her advice "cash flow is your bible!"