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Episode 1872:
Nick Loper reflects on the emotional and strategic decision to shut down his first and longest-running business, ShoeSniper, after a decade of operation. This candid story challenges the myth of never quitting by showing how shifting market forces, rising ad costs, and declining commissions can turn a once-profitable venture into a slow bleed, making quitting not just okay, but necessary.
Read along with the original article(s) here: https://www.sidehustlenation.com/shoesniper-postmortem/
Quotes to ponder:
"Most of what you read in the entrepreneurship world is about perseverance and 'never giving up.' But it's not true."
"Quitters never win and winners never quit."
Episode references:
PriceGrabber: https://www.pricegrabber.com/