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Nothing in my life has ever been anything like this. When I started my company it was nothing but bliss. I invented a company called “The Edit Centre” Back in ’86, I was quite the inventor. The business model was to transfer movie film and edit videos So family memories would last forever, don’t you know. From the day business opened we on a roll People came from far and wide, it soothed my soul. From $30,000 we grossed the very first year, To 60 then 90, I had no fear. I bought $1000’s and $1000’s of video toys, The public loved it, so they could enjoy. The growth in the business lasted about 13 years. We peaked at $427,000.00, I still had no fear. Slowly but slowly, things began to erode. I knew not what the future would bode. So I did what many major companies have done I fired employees, sent them on the run. I ended up doing more of the work on my own And in 2006 I made more money than I’d ever known. My accountant was pleased, said I finally learned how to make money. Even though I was grossing far less, I was making a tonny. The bank told me my house had great value, have this wad of cash. So I began to remodel, was having a blast. So I borrowed a quarter million to fix up the place Created a palace, the times seemed to be great. I was paying $3000.00 a month on the equity line. Felt what I was doing was not out of line. Then came 2007, well before the economy collapsed. Sales dropped $75,000, what kind of relapse? What was I doing that was so wrong? I began living in a world I didn’t belong. Technology was beginning to alter my life. The market I owned was cut like a knife. Fewer and fewer needed the services I provided. Since 2008, I’ve been highly misguided. But I was stubborn, said this couldn’t continue. Took all of my savings to save the only thing I knew. Owned a beautiful building on a main thoroughfare. Spent every dime to save it, I didn’t care. But business continued to get worse and worse I vowed to survive, could I be cursed? I remodeled the building and opened an art gallery Thinking with no inventory costs, I might make a salary. Of course my gallery couldn’t have been more mistimed. Who in 2009 had the reason to spend another dime. The upside was that the building had a facelift. And I was able to sell it, that was a gift.
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