Product Flops and Collapsed Corporations: Business Lessons from the Failure Museum // TRAIN BRAIN

Product Flops and Collapsed Corporations: Business Lessons from the Failure Museum

What can failures like Harley-Davidson Cologne or Cheetos Lip Balm teach us about success? Sean Jacobsohn, partner at Norwest Venture Partners and founder of the Failure Museum, takes us on a tour of notable product failures, sharing insights into why they failed and the lessons we can learn from them. Discover the six forces of failure and learn how companies can avoid making the same mistakes.
Visit the Failure Museum: https://failure.museum/
00:00 Harley-Davidson Cologne, Cheetos Lip Balm, and Coors Sparkling Water, oh my!
01:25 The six forces of failure
01:42 Product market fit: Webvan
02:20 Team: Theranos
02:53 Customer success: Google Glass
03:44 Financial management: ESPN mobile phone
04:22 Timing: WeWork
05:15 Competition: Blockbuster
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