John L. Herman Jr. ("Herman") is a business failure expert — not because he fails in business, but because he knows why businesses fail. Of the companies Herman has owned, 15 succeeded and six failed. One became publicly traded, sold stock for 20 times the opening price, and soon went bust. Herman then ran a brokerage firm that consulted with over 1,000 owners of failing companies. In effect, he was a "corporate hit man" for the banks. They would convince owners to hire him, to recoup their loan money. And he did it well — because he understood what the owners were facing. In fact, he was recognized across the country as an expert witness in corporate bankruptcy cases. Herman's two books establish his credibility as a failure expert and show readers why they need to face failure head on and deal with the realities of life, so they can achieve (or get back to) that great feeling of success. He resides in Baltimore, Maryland with his wife, Maggie. They have five grown children.
