He Never Succeed In Business
The second fact about Daniel Defoe is that all of his business schemes were failed. Defoe took part in the unsuccessful Monmouth Rebellion in 1685, but he was later granted a pardon, which allowed him to avoid Judge George Jeffreys' Bloody Assizes. In 1689, Queen Mary and her husband William III were jointly crowned, and Defoe thereafter served as a spy and one of William's closest associates. Some of the new regulations sparked hostilities with France, harming Defoe's ability to maintain fruitful business ties.
Daniel Defoe started many business enterprises, and sadly, every single one of them failed horribly. He used to sell wine, wool, and a variety of other goods when he first left school. One of his business plans involved gathering musk from cats' bottoms. He may have owed a total of £17,000 when he was forced to file for bankruptcy in 1692 after being arrested for debts of £700. He apparently had legal disputes with the royal treasury when he passed away, leaving behind little money.
He wed Mary Tuffley, a British merchant's daughter. Mary carried a dowry with her that was valued at 3,700 British Pounds, which was considerable for the time. It was anticipated that the marriage would not continue long because of Defoe's financial difficulties, yet it lasted for 47 long years and the couple had 8 children. He attempted to start a commercial company while visiting Scotland and other nations in Europe. He went back to England in 1695 and made an effort to start commerce again. In 1696, he founded a tile and brick factory in the location that is today Essex. He was hired by the British monarch on several occasions but was fired.
