
#215 - What Venture Capital Will Look Like in the Future
My First Million
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The Unclaimed Baggage Business Model
This chapter explores the unique business model of Unclaimed Baggage, a store that sells items from lost luggage. It also covers the challenges and opportunities in the clothing returns and refurbishment industry, sharing personal anecdotes and reflections on past experiences. Finally, the narrative delves into the legacy of Harold Alfond, the inventor of the outlet store concept, and the broader economic implications of his innovative approach to retail.
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