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Frank Cotolo
September 21, 2023 |
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Once again it's that time of 2023 to announce the winner of the degrading award, Worst Businessman
of the Year.
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This year's winner was born and raised in a poor neighborhood in Chicago and has traveled here
tonight from an even poorer neighborhood in Milwaukee Inbetween, he managed to lose millions of
dollars of his own and of his investors in businesses that went bankrupt. His only explanation for
each failure was to say, "They seemed like great investments at the time."
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As an example, he opened a franchise called I-HOP and was so confident it would succeed he bought
the first ten stores himself. But within weeks The International House of Parachutes was a total
failure.
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He gathered a ton of cash for a business called MUFFLERS AND MUFFINS and for a week or so it
looked like it would make back investors money in no time. However, in less than a month, the
outlet was forced to close. "I thought eating fresh muffins of all kinds while waiting for car
mufflers to be replaced was something the general public would love."
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Also in the long line of failures, our winner opened an online shop to purchase false teeth; a
mail order business for wealthy people who wished to purchase goldfish made of actual gold; an app
that measured a person's hunger so that the person would not overeat; an online school teaching
people how to grow coffee beans in any normal garden; and he manufactured Grandson Clocks (half
the size of Grandfather Clocks and cheaper) and Great Grandson clocks (a third of the price of a
Grandfather Clock).
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Copyright © 2009-2023 SRN Mediaworks Productions, in association with Frank Cotolo.