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Tang Jian: Story Of How Former Millionaire Turned Sausage Seller (Photos) - Business - Nairaland

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Tang Jian: Story Of How Former Millionaire Turned Sausage Seller (Photos) by Nobody: 11:13pm On Nov 22, 2022
Bankrupt Former Millionaire Is Paying $6.4 Million Debt by Selling Sausages on the Street

A bankrupt former millionaire in China has been making news headlines for his plan to pay a debt of 46 million yuan ($6.4 million) by selling grilled sausages at a street food stall.

Not too long ago, Tang Jian, a restauranteur in the Chinese city of Hangzhou, was considered one of the most successful businessmen in all of Zhejiang Province.

By the age of 36, he already owned a chain of restaurants and had amassed an enviable fortune. But in 2005, Tang decided to invest a sizeable portion of his money into a completely new industry and things started going horribly wrong for him.

Now at 52, the former millionaire finds himself over $6 million in debt, but he is working hard to repay every single cent by selling grilled sausages on the street.

When he started investing in his new landscape engineering business, Tang Jian was convinced it would surpass his restaurant empire, and he simply wouldn’t listen to anyone who told him otherwise. Even though the project was bleeding money, he kept pouring investments into it, and when he finally realized his mistake, it was already too late.

Even after selling off all his restaurants, his houses, and cars, Tang was still 46 million yuan in debt and had no choice but to declare bankruptcy. But instead of buckling under the pressure of having to repay all that money, he decided to go back to his roots and start selling quality food.

He didn’t have the money to open a new restaurant, so he settled for a street food stall that he operates himself. He sells grilled sausages and is confident that the humble venture will help him pay off his debt. His redemption story has struck a chord with average Chinese people who appreciated his resilience and positive outlook on life.

“We are born with nothing. Why be scared of starting all over again?” Tang asked rhetorically in a recent interview. “We have to keep learning to face difficulties calmly and to march ahead with courage.”

“Each of us lives a challenging life and encounters many difficulties, but we must hold on to a spirit of never being defeated,” the 52-year-old businessman added.

Tang’s story and a video of him operating his sausage stall on a street in Zhejiang went viral earlier this month, inspiring many to find strength in the face of adversity. After all, if a former millionaire $6.4 million in debt could have a positive attitude, surely they could too.
Source: https://www.odditycentral.com/news/bankrupt-former-millionaire-is-paying-6-4-million-debt-by-selling-sausages-on-the-street.html

81 Likes 14 Shares

Re: Tang Jian: Story Of How Former Millionaire Turned Sausage Seller (Photos) by fman(m): 11:19pm On Nov 22, 2022
Indiana jones

32 Likes 5 Shares

Re: Tang Jian: Story Of How Former Millionaire Turned Sausage Seller (Photos) by Kobicove(m): 12:02am On Nov 23, 2022
I wonder what made him fall from grace to grass undecided

12 Likes

Re: Tang Jian: Story Of How Former Millionaire Turned Sausage Seller (Photos) by Franzinni: 12:08am On Nov 23, 2022
Nah repeat he dey so..... Olodo.


$10,000,000,000 for account balance nah him be olodo ...zero yapayaski!

4 Likes

Re: Tang Jian: Story Of How Former Millionaire Turned Sausage Seller (Photos) by Eyinju112(f): 12:08am On Nov 23, 2022
He didn’t consider suicide as an option.... I love his courage

463 Likes 27 Shares

Re: Tang Jian: Story Of How Former Millionaire Turned Sausage Seller (Photos) by StarFist(m): 12:31am On Nov 23, 2022
He will rise again...

234 Likes 10 Shares

Re: Tang Jian: Story Of How Former Millionaire Turned Sausage Seller (Photos) by Urheadmaster(m): 12:38am On Nov 23, 2022
Eyinju112:
He didn’t consider suicide as an option.... I love his courage

He is an inspiration to those that sees suicide as the only way out of depression tongue

294 Likes 16 Shares

Re: Tang Jian: Story Of How Former Millionaire Turned Sausage Seller (Photos) by chatinent(m): 12:47am On Nov 23, 2022
It isn't easy out there venturing into new markets.

Strong man I see there.

183 Likes 8 Shares

Re: Tang Jian: Story Of How Former Millionaire Turned Sausage Seller (Photos) by tydi(m): 1:06am On Nov 23, 2022
Once a millionaire always a millionaire.
It's all about mindset and a never give up attitude.

292 Likes 9 Shares

Re: Tang Jian: Story Of How Former Millionaire Turned Sausage Seller (Photos) by gaby(m): 1:16am On Nov 23, 2022
The only constant in life is change. This is still up for debate though because change in itself is still susceptible to varying degrees of further changes.

Never giving up is the key.

I love the quote below which has been my mantra and outlook to life. It has helped me immensely in navigating the murky waters of what we call life without an ounce of self-pity or buckling to pressure.

“We are born with nothing. Why be scared of starting all over again?” Tang asked rhetorically in a recent interview. “We have to keep learning to face difficulties calmly and to march ahead with courage.”

75 Likes 6 Shares

Re: Tang Jian: Story Of How Former Millionaire Turned Sausage Seller (Photos) by Holybaddo: 1:46am On Nov 23, 2022
Best of luck

1 Like

Re: Tang Jian: Story Of How Former Millionaire Turned Sausage Seller (Photos) by MarketDispatch: 2:54am On Nov 23, 2022
Kobicove:
I wonder what made him fall from grace to grass undecided

Wrong investment

8 Likes

Re: Tang Jian: Story Of How Former Millionaire Turned Sausage Seller (Photos) by udomma1005(m): 3:45am On Nov 23, 2022
Kobicove:
I wonder what made him fall from grace to grass undecided
Wrong investment choice!

10 Likes

Re: Tang Jian: Story Of How Former Millionaire Turned Sausage Seller (Photos) by Musty112: 5:34am On Nov 23, 2022
Down time is the hardest!! You can literally feel it in your throat. Not a reason to give up sha.

22 Likes

Re: Tang Jian: Story Of How Former Millionaire Turned Sausage Seller (Photos) by meobizy(f): 8:27am On Nov 23, 2022
If he made the money before, he can make it again.

26 Likes

Re: Tang Jian: Story Of How Former Millionaire Turned Sausage Seller (Photos) by olaeffect(m): 8:38am On Nov 23, 2022
Eyinju112:
He didn’t consider suicide as an option.... I love his courage

Just like saying he didn't consider hypertension or heart attack as an option.
I wonder when people will realize that most suicide are an offshoot of a mental illness called depression.
Just like people have come to realize that hypertension is just not just as a result of worry or thinking, it is an ailment.

37 Likes 4 Shares

Re: Tang Jian: Story Of How Former Millionaire Turned Sausage Seller (Photos) by tritt(m): 9:47am On Nov 23, 2022
Read read read, so you no go dey ask unnecessary questions.


Kobicove:
I wonder what made him fall from grace to grass undecided

37 Likes

Re: Tang Jian: Story Of How Former Millionaire Turned Sausage Seller (Photos) by Entrepreneurrr: 9:55am On Nov 23, 2022
Its not easy rising up again. I really like his courage

5 Likes

Re: Tang Jian: Story Of How Former Millionaire Turned Sausage Seller (Photos) by Kobicove(m): 10:16am On Nov 23, 2022
tritt:
Read read read, so you no go dey ask unnecessary questions.



My bad, I didn't see that part when I skimmed through the story the first time smiley

1 Like

Re: Tang Jian: Story Of How Former Millionaire Turned Sausage Seller (Photos) by Komolafe89: 3:07pm On Nov 28, 2022
Life
Re: Tang Jian: Story Of How Former Millionaire Turned Sausage Seller (Photos) by wiseone28: 3:07pm On Nov 28, 2022
From grace to grass
Re: Tang Jian: Story Of How Former Millionaire Turned Sausage Seller (Photos) by flexyrule(m): 3:07pm On Nov 28, 2022
He will rise again.

2 Likes

Re: Tang Jian: Story Of How Former Millionaire Turned Sausage Seller (Photos) by Shollyjay90(m): 3:07pm On Nov 28, 2022
It's well with u Sir.

3 Likes

Re: Tang Jian: Story Of How Former Millionaire Turned Sausage Seller (Photos) by temitope27(m): 3:07pm On Nov 28, 2022
Maybe he get the money through fraud
Re: Tang Jian: Story Of How Former Millionaire Turned Sausage Seller (Photos) by CelestineNelson: 3:07pm On Nov 28, 2022
God abeg oo

2 Likes

Re: Tang Jian: Story Of How Former Millionaire Turned Sausage Seller (Photos) by fixitbyjal(m): 3:08pm On Nov 28, 2022
I fix faulty iPhone panels

I offer sales and swapping of idevices too
Re: Tang Jian: Story Of How Former Millionaire Turned Sausage Seller (Photos) by CalabarPikin: 3:08pm On Nov 28, 2022
I love the courage

2 Likes

Re: Tang Jian: Story Of How Former Millionaire Turned Sausage Seller (Photos) by MANNABBQGRILLS: 3:09pm On Nov 28, 2022
We are born with nothing.
Why be scared of starting all over again?
We have to keep learning to face difficulties calmly and to march ahead with courage.
Each of us lives a challenging life and encounters many difficulties, but we must hold on to a spirit of never being defeated.
#NeverGiveUp.

12 Likes 4 Shares

Re: Tang Jian: Story Of How Former Millionaire Turned Sausage Seller (Photos) by FuckSilly: 3:09pm On Nov 28, 2022
cool
Re: Tang Jian: Story Of How Former Millionaire Turned Sausage Seller (Photos) by Realists(m): 3:09pm On Nov 28, 2022
Eyinju112:
He didn’t consider suicide as an option.... I love his courage

You rise up after a fall not die is the survival code.
Re: Tang Jian: Story Of How Former Millionaire Turned Sausage Seller (Photos) by inoki247: 3:09pm On Nov 28, 2022
ok
Re: Tang Jian: Story Of How Former Millionaire Turned Sausage Seller (Photos) by lifeandjoy: 3:09pm On Nov 28, 2022
A lot of times failure teaches us more than success will ever do.
He will pull through, his spirit is not dead yet.

7 Likes

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