Business Heretic - Abandoned product warehouse with unsold inventory

The “Build It and They Will Come” Myth – Why Great Products Don’t Guarantee Startup Success

Pain Points This Article Addresses The $1.75 Billion Quibi Disaster: When Great Products Meet the Build It Myth In April 2020, Hollywood veterans Jeffrey Katzenberg and Meg Whitman launched Quibi with $1.75 billion in funding. They had everything: A-list celebrities, premium content, revolutionary technology that switched between portrait and landscape viewing. They built an incredible…

Follow Your Passion is Bad Advice – Why Passion Without Profit Is Just an Expensive Hobby

Follow Your Passion is Bad Advice – Why Passion Without Profit Is Just an Expensive Hobby

Pain Points This Article Addresses The $450,000 Education: When Following Your Passion Becomes an Expensive Hobby Let me tell you about the most expensive passion project I ever pursued. In 2009, I was genuinely passionate about something – organic skincare. Not just interested. Really passionate about something that I believed would revolutionize the industry. I’d…

Fail Fast Mantra – Silicon Valley’s Biggest Innovation Lie

Fail Fast Mantra – Silicon Valley’s Biggest Innovation Lie

Pain Points This Article Addresses The $450,000 Lesson: Why the Fail Fast Mindset Destroyed My Business Let me tell you about the most expensive advice I ever followed: “Fail fast, fail often, learn quickly.” In 2009, fresh from reading every Silicon Valley entrepreneur blog about embracing failure, I launched Taahira Skincare in Malaysia. The startup…

Business Heretic - Exhausted business owner overwhelmed by demanding customers late at night

The Customer Is not Always Right – Believing Otherwise Will Kill Profit Margins

Pain Points This Article Addresses The $250,000 Lesson: A Customer is not Always Right Picture this: It’s 2004, I’m running a manufacturing business in Australia, and my biggest client represents 35% of my revenue. They know it. I know it. And they’re wrong about using it like a weapon against my business. Every week brings…