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Modell’s. Pier 1. Circuit City. They all have one ignominious thing in common: once booming businesses, they all went bust. But why? And what can these past failures tell future entrepreneurs?
The Great Fail, the award-winning podcast has come to the Adweek Podcast Network to continue telling these stories. The podcast was created and is hosted by Debra Chen, who’s spent the past 18 years advising CEOs and board members on capital markets and shareholder strategy. She’s turned that work into telling the stories of business failures, and what stakeholders can learn from them. Take a listen:
In this week’s episode Debra has the story of MoviePass. Film enthusiast and marketing executive Stacy Spikes set out to reinvent the way people watch movies. But what occurred next would see his creation go from being a blockbuster hit to a box office bomb. Listen here, and anywhere you get your podcasts:
