Failure Friday: “We failed to account for the ingredients to success…”
In this week’s Failure Friday segment, we hear from the co-founder of a business offering handmade goods from Nashville. The company’s early success leads him to believe he can replicate the model elsewhere. Spoiler: it doesn’t work!
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What It's About
"Hello operator, can I get my $300k back please?"
Notes from Chris
Episode 1763
I believe we can learn as much from failure as we can from success, if not more. It’s with this principle in mind that I offer you a weekly segment called Failure Friday: a collection of short stories all about mistakes, missteps, disasters, and of course, failure. Pride goes before a fall—or before a major business expansion. Just like our Throwback Thursday segment, you’ll hear directly from side hustlers who have struggled to get something off the ground. They’ll tell you a short story of something that went very wrong. The stories will vary, but often it starts with an idea, what they thought would happen and what really happened—and of course, what they learned. Today’s short story features Sam Davidson from Nashville, Tennessee. We told the successful story of his business with two friends and co-founders on Episode #1083: Boxing Up the Best of Handmade Nashville. But their early success led to hubris and a lot of wasted money… in fact, we could call this episode “How to lose the better part of $300,000.” Listen to today's episode to learn more...MENTIONED IN THIS EPISODE:
- Thanks to Sam for sharing this transparent and truthful story. Check out their website at BatchUSA.com or follow them on Instagram at @batchnashville.
- Boxing Up the Best of Handmade Nashville: Three friends put the work of Nashville makers and bakers in front of an eager online audience, making some serious cash from the effort.
- Pastor Keeps the Faith with Clergy Subscription Boxes: A Lutheran pastor creates breathing room in her budget with a popular subscription box for fellow ministers.
- TBT: Local Comic Book Store Expands to National Subscription Box: In this week’s “Throwback Thursday / Where are they now?” segment, we hear from the Sacramento-based co-owner of Comic Crate, a monthly comic book subscription box service.
