Close Menu
21stNews21stNews

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    AI could cause quiet labor market

    November 17, 2025

    Shedeur Sanders’ ex-teammate has classy moment with QB after debut

    November 17, 2025

    Still Hope for Bulls: Crypto Daybook Americas

    November 17, 2025
    Facebook X (Twitter) Instagram
    • About Us
    • Contact Us
    • Privacy Policy
    • Terms and Conditions
    X (Twitter) Instagram Pinterest Vimeo
    21stNews21stNews
    • Home
    • Global News
    • Cryptocurrency
    • Financial News
    • Sports
    Subscribe
    21stNews21stNews
    Home»Global News»Bankrupt entrepreneur restarts with street food stall, now earns ₹25 lakh daily
    Global News

    Bankrupt entrepreneur restarts with street food stall, now earns ₹25 lakh daily

    IsmailKhanBy IsmailKhanOctober 6, 20253 Mins Read
    Share Facebook Twitter Pinterest LinkedIn Tumblr Reddit Telegram Email
    Share
    Facebook Twitter LinkedIn Pinterest Email

    A 57-year-old Chinese entrepreneur lost everything. Then, he rebuilt his life with a small street food stall.

    Once the owner of three thriving restaurants earning up to three million yuan (approximately ₹3.7 crore at the current rate) monthly, Tang Jian’s downfall began with poor investments.

    Tang invested blindly in ventures about which he had no knowledge, such as Maple Wood. By 2015, he had a debt of 46 million yuan ( ₹57 crore). Tang declared bankruptcy, the South China Morning Post reported.

    Also Read | Life coach earns $280,000 in a week via online courses: 5 richest of them all

    His marriage ended in a divorce. He nearly gave up hope and often had suicidal thoughts. However, he could not stop thinking about his mother and child. He could not fail his creditors either.

    In 2018, Tang restarted his life by selling homemade sausages near his old restaurant. His 74-year-old mother was there to help him.

    They purchased a simple sausage stuffer for 35 yuan (approximately ₹440) and made everything by hand. Tang insisted on using quality pork from a high-end supermarket. He displayed receipts at his stall to show honesty.

    Also Read | 25-year-old earns net worth of ₹1 crore, thanks to artificial intelligence

    Out of embarrassment, he did not want his neighbours to know that he had started a street food stall. He wore a mask to hide his face, according to the publication.

    Tang thought they would taunt him if they found out about his new venture. One day, one of the neighbours recognised him. But, he decided to be open about it. Gradually, the entrepreneur regained respect.

    Tang earns ₹25 lakh daily

    Tang Jian’s roasted sausage business has grown into a successful brand with a factory producing two tons of sausages daily. The company now earns about 200,000 yuan ( ₹25 lakh) each day. He now has outlets in shopping centres.

    “A fall into the pit, a gain in my wit. Even though my future is not bright, I can stay strong longer than others. The thing you keep putting effort into will repay you one day,” SCMP quoted him as saying.

    Also Read | Soham Parekh, who? Consultant earns ₹2.5 lakh per day from 5 jobs, ‘Just lie’

    When the COVID-19 pandemic impacted sales, Tang turned to live streaming and built a strong online following of 1.2 million. In one session, he can sell goods worth one million yuan ( ₹1.25 crore).

    Though he still owes money, Tang reinvests profits to expand and repay debts faster. With help from artificial intelligence, he created a repayment plan that predicts he will clear all debts by 2027.

    Tang remains grateful to his creditors for their trust and patience. His story of failure, humility and persistence has touched many hearts across China.

    “Sometimes our success is the product of our time plus a little luck. The important thing is to stay clear-minded when things go smoothly,” SCMP quoted a social media user as saying.

    Another posted, “With his spirit, I am sure he can rise from the ashes despite all the hardships.”

    Disclaimer: If you or someone you know is struggling with thoughts of self-harm or suicide, please seek help immediately. In India, you can call the Vandrevala Foundation Helpline at 1860 266 2345 or AASRA at +91-98204 66726. You are not alone, and support is available.

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleLarry Ellison Dropped Out of College Twice and Now Has $349.5 Billion — How He Did It
    Next Article AI and HPC Hype Fuels Pre-Market Rally in Bitcoin (BTC) Mining Stocks
    IsmailKhan

    Related Posts

    Global News

    Prices, Comparison, and 2025 Trends

    November 17, 2025
    Global News

    Morocco Celebrates 50th Anniversary of Green March in Italy, Features UN Recognition

    November 17, 2025
    Global News

    FIFA Ramps Up Fight Against Online Hate Speech with Enhanced Social Media Monitoring

    November 17, 2025
    Top Posts

    How Google Gemini Helps Crypto Traders Filter Signals From Noise

    August 8, 202523 Views

    DeFi Soars with Tokenized Stocks, But User Activity Shifts to NFTs

    August 9, 202520 Views

    DC facing $20 million security funding cut despite Trump complaints of US capital crime

    August 8, 202519 Views
    News Categories
    • Cryptocurrency (793)
    • Financial News (829)
    • Global News (738)
    • Sports (940)
    Most Popular

    No porpoising in 2026, but new F1 rules aren’t “straightforward”

    November 8, 20251 Views

    AI could cause quiet labor market

    November 17, 20250 Views

    Shedeur Sanders’ ex-teammate has classy moment with QB after debut

    November 17, 20250 Views
    Our Picks

    HPE Price Target Raised to $28 as Corporate AI Spending Accelerates

    August 29, 2025

    Trump intensifies trade war with threat of 30% tariffs on EU, Mexico

    July 12, 2025

    Israeli military evacuation order triggers panic in Gaza City

    September 9, 2025

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    • Home
    • About Us
    • Privacy Policy
    © 2025 21stNews. All rights reserved.

    Type above and press Enter to search. Press Esc to cancel.

    Go to mobile version