How losing EVERYTHING TWICE helped my business survive the pandemic

Losing everything twice helped my business survive the pandemic

Reg Ching
4 min readMay 22, 2020

I’ve lost everything I’ve ever owned, not once, but twice in my life.

The first time I lost everything was in 2007, when I had a thriving and rapidly expanding recycling business in South East Asia. Aside from losing my company and entire cash flow, I came very close to losing my life. Unfortunately, our success in a competitive industry and foreign country, also made me the target of an assassination attempt which I barely survived and left me as an incomplete quadriplegic. I had to re-learn everything about living in my new normal from scratch to become independent again, and luckily emerged as one of the few unassisted walking quadriplegics in the world.

In case you missed that story, check out WHAT IT’S LIKE TO BE ONE OF THE WORLD’S ONLY UNASSISTED WALKING QUADRIPLEGICS

The second time I lost everything was in 2015, soon after I had just purchased 2 dry cleaning businesses to complement a dry cleaning delivery app I had built a few months before. Unfortunately, a business partner embezzled our company, drained all our funds, and defrauded investors in the process. Left with potential lawsuits and an almost insurmountable debt, I was forced to liquidate everything and borrowed money to repay investors back, driving myself to the brink of bankruptcy.

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Reg Ching
Reg Ching

Written by Reg Ching

I was shot in the face, one of the world’s few walking quadriplegics, on an extended nomadic adventure, and just started writing. Welcome to my mid-life crisis.