---
title: "Meaning & Key Takeaway of: I lost my computer business when I was 29…"
description: "\"I lost my computer business when I was 29 because I gave credit to firms I didn't investigate. I lost my house and had to move back in with my parents ..."
image: "https://sms4smile.com/quotes/i/97a/peter-jones-13325_business_i-lost-my-computer-business-when-i-was-2_1837518.jpg"
---

#  I lost my computer business when I was 29 because I gave…

![“I lost my computer business when I was 29 because I gave credit to firms I didn't investigate. I lost my house and had to move back in with my parents and then I lived in an office for six months.” quote by Peter Jones](https://sms4smile.com/quotes/i/97a/peter-jones-13325_business_i-lost-my-computer-business-when-i-was-2_1837518.jpg)   [Download](https://sms4smile.com/quotes/i/97a/peter-jones-13325_business_i-lost-my-computer-business-when-i-was-2_1837518.jpg) [Open image](https://sms4smile.com/quotes/i/97a/peter-jones-13325_business_i-lost-my-computer-business-when-i-was-2_1837518.jpg)

> “I lost my computer business when I was 29 because I gave credit to firms I didn't investigate. I lost my house and had to move back in with my parents and then I lived in an office for six months.”

[Peter Jones](https://sms4smile.com/quotes/author/peter-jones/)

## About This Quote

This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.

He recounts a business failure caused by insufficient due diligence, leading to personal and financial setbacks.

**In simple terms:** Lack of research caused business loss and personal hardship.

Key Takeaway

Conduct thorough research before partnerships.

Themes

risk failure due diligence resilience

Mood

cautious reflective

Type

educational practical

When to use this quote

- startup financing
- career planning
- financial management

Key Concepts

business ethics entrepreneurship

Questions to Reflect On

- How could you improve vetting partners?
- What lessons can you apply to future ventures?

A Different Perspective

May not account for external market forces.

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[Business](https://sms4smile.com/quotes/about/business/) [Computer Business](https://sms4smile.com/quotes/about/computer-business-1797752/) [Computers](https://sms4smile.com/quotes/about/computers/) [Credit](https://sms4smile.com/quotes/about/credit/) [Credit Firms](https://sms4smile.com/quotes/about/credit-firms-2322934/) [Firms Didn](https://sms4smile.com/quotes/about/firms-didn-2322935/) [House](https://sms4smile.com/quotes/about/house/) [Lived Office](https://sms4smile.com/quotes/about/lived-office-2255165/) [Lost](https://sms4smile.com/quotes/about/lost/) [Parents](https://sms4smile.com/quotes/about/parents/) [Parents Lived](https://sms4smile.com/quotes/about/parents-lived-801990/) [Six months](https://sms4smile.com/quotes/about/six-months/)

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