Side Hustle School

#2484 - Failure Friday: The Autumn Sweater Stockpile Saga

Oct 20, 2023
A cautionary tale of a retailer who invested heavily in holiday sweaters but faced disappointing sales. Lessons on market research, diversification, and cashflow management are highlighted, ending with the retailer's determination to bounce back. The speaker shares a personal experience of an inventory implosion, emphasizing the lessons learned about resilience, planning, and emotional approach to business.
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