Which lessons did you learn from the failed businesses mentioned in this book?

[alina constantin]

The demise of these companies serves as a stark reminder of the importance of adaptability and customer-centricity in business. Their failures highlight the crucial need for flexibility and responsiveness to shifting market demands, as they ultimately succumbed to their inability to evolve and meet changing customer needs.

[Hana Hasegawa]

The examples of unsuccessful businesses in this book illustrate that having a great idea is not enough; it also requires effective implementation and alignment with market demands to achieve success.

[Alexander James 4]

I learned that although a business idea is important, being ready to improve on the idea is just as important as having a good idea.

[Goodness Kene]

I've learnt the importance of dynamics, because change is constant. I learnt to regard the government laws and policies and not be on their bad side. I learnt the importance of strategic.

[Ada Eze 5]

I came to understand that the business strategy is as important as the business itself. Every business may be good but it cannot work if there is no strategy that has been put in place. Because each business is different, its owners should not limit themselves to the examples of others but must think and reconsider their strategies on a regular basis.

[Vcee Deblinz]

The failed businesses in this book teach us that even great ideas need to be well-executed and meet the needs of the market to succeed. Having a solid strategy is crucial to turning your business idea into a reality. It's not enough to just have a good idea - you need to have a plan to make it work.

[Valentine Ezeribe]

The failed businesses in the book made me understand the importance of adaptability and innovation in business, the society changes and the ability for businesses to evolve with the times is important for their survival.

[Parker Ezeribe]

These companies’ failures should be a wake-up call. These examples prove that in today’s economy, businesses need to be a little dynamic and adapt to the demands of the customers so as to exist in the market. These companies could not adapt to the market while others could, and that is why such companies faded away.