Hello everyone. I have been in the Telecom contracting business for 4 years now. I have been a one man operation supported by vendors. I am finally closing it down. Last 10 months was my demise. I worked and managed with my heart and I ended up in the losing end. I took care of my guys well. Made sure they got paid what they deserve. But due to loss of revenue, I couldn't keep up my payments. Now im 25k in company debt and roughly 90k in personal debt. I can no longer take out loans to keep this afloat. My mistake was my judgment of people. I chose from heart and desperation.
I want to repay everyone every thing, but my heart just sinks not knowing how. Im not even sure if I'll be able to get a job in the same industry given the result of my management. It feels like I had all the right intentions but people still screwed me over. Milk my time. Stole from me. I feel defeated.
I want some advise on how to get past this. I have no clue what's going to happen. I feel like I'm going into depression. Nothing feels good anymore. All the bills and debts just loom over my head. I dont even have any asset.
I feel lost.
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