I don't know, but assume that depends on specific circumstances. I was at a customer's office when I heard it on the radio in their staff kitchen. My first reaction was total incomprehension.How do you see something like 9/11 coming and the immediate downturn in passenger numbers as a result, for instance?
Getting back to whether people learn from their failed business, my personal view is probably not. I have seen times and times again, they would fall for the same hole they were in last time.
E-bikes remind me of my early years in business. I was trying to add income to my student grant by making amps with the new 2N series NPN power transistors.
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