Tag Archives: man with hammer
360 reviews
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david cohen
Entrepreneurship
man with hammer
mental wellness
Personal Growth
Be YOUR hammer and look for YOUR nail
One of my worst moments as a start-up CEO was when I lost $400,000. The short of it is that a customer had sent us the money, but my company was too small to receive such a large payment. And due to technical reasons, our payment processor could not refund him. In a kafkaesque twist, …
Berkshire Hathaway
cigar butt investing
Entrepreneurship
investing
man with hammer
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quibi
see's candies
Start-ups
Warren Buffett
Don’t be a hammer looking for a nail
Has there ever been a more spectacular start-up failure than Quibi in 2020? $1.4 billion down the drain. Total shutdown merely 6 months after launch. Quibi built a product without understanding the customer’s needs. It’s a common start-up mistake–one that I’ve made myself. This mistake comes with a catchphrase: “Solution looking for a problem”. It’s …