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bad debt

5
Oct

a small lesson on negotiation

I bought some licences from a programmer to distribute his software ,but the day after I bought it. The software server went down. I contacted him and he said it will be fixed in 1-2 weeks. It's a very normal thing to happen in the phone unlock software industry.

8
May

Pay for a lesson on bad loan

Through out this few years in business, I learn not to judge a person as good /bad at the beginning because normally, they need you and they want your trust. Then after some times, they become more like your friends and you take off your security guard & give credits up front on your sales. It's when the things went wrong. 

Recently, I got a couple of invoice I couldn't get the money back because

1) customer closed the business and had no money to pay back

2) customer changed to another supplier, so he doesn't need me.

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