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Imperfect Action
Lessons from a Failed Business Venture
The speaker's failed business venture was driven by the desire to prove doubters wrong, but the business failed due to a flawed business model and unsustainable practices. The business lacked profitability due to high expenses per unit sold and incorrect pricing. The speaker later succeeded in a new venture by understanding the importance of meeting customer demand and ensuring a sustainable business model.
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Listen to the best highlights from the podcasts you love and dive into the full episode