When you have had trouble in the past with trying to start a business that ultimately failed is that really such a bad thing? The truth is businesses that fail usually carry with them some bad experiences from the customers which in turn speak as loud as they can. This usually causes attention from other sources whose only job is to look for negatives to exploit and to hold people accountable.
Someone in Automotive technology has such a problem. Many people accuse Richard Keith Latman of being a criminal. His competitors use his failed business attempt against him to get people to search out his criminal past. The truth is his past is not that awful and he embraces it in his book "The Good Fail", where he discusses in intimate detail the failure and his transformation into CEO of his new company.
The real question to be answered is do you try to hide the past or meet it head on? For some that is a fine line they do not like to walk. For those that have had problems in the past it is usually best to meet them head on and drive forward. Let the naysayers be damned. People with no past usually have never taken a risk or ever had to overcome real adversity.
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