Website Failure Provides A Fruitful Seed For Investing Success

Fruitful Failure
Failure that plants a seed for future success

While working for Time, Inc., Fran Hauser and her team launched a site called StyleFind. It was a shopping website that InStyle editors managed. After two years of floundering, Hauser realized StyleFind would never be a success and shut it down

Hauser recognized that her team launched StyleFind without a consumer value proposition, “a statement that describes why a customer should buy a product or use a service.”

Hauser eventually left Time, Inc. and moved into investing. StyleFind’s failure planted a seed Fran used as an investor. She listened for a founder’s ability to communicate the consumer value proposition for their business. The most promising companies have the clearest consumer value propositions.

StyleFind’s fruitful failure gave Fran Hauser the seed
She needed to be a successful investor.

The Myth of the Nice Girl: Achieving a Career You Love Without Becoming a Person You Hate
Fran Hauser, pages 87 and 97.

Paula M. Kramer
© 2015 to the present
All rights reserved.

Posts on this blog alternate with posts at the link below. Posts for both blogs are published on Wednesdays as they are ready to be published. Time between posts could be weeks or months.

blog.speakingfromtriumph.com

Keep reading this blog for examples of 8 success choices and 8 failure choices. Use the examples to spark success and fight failure.

Standards For Success Posters

Success & Failure Choices

Resource Websites

smilessparksuccess.com

speakingfromtriumphcom

Business Directory

betterplanetbusiness.com

Positive Identity Directory For People With Mugshots

myrecordnow.com

A Forgetful Failure Makes A Life Wonderful

Fruitful Failure
Failure that plants a seed for future success.
 
The movie It’s a Wonderful Life is now a Christmas holiday classic. Produced in 1946 by Liberty Films, it was a box office failure. Liberty Films couldn’t recoup the $2.3 million production costs, closing its doors in 1951. After a number of sales, Republic Pictures ended up owning the film. At the time it was filmed, copyrights lasted for 28 years. Copyrights could be renewed for another 28 years through registration with the copyright office. 
 
The first 28 years of copyright for It’s a Wonderful Life ended in 1974. Republic Pictures failed to register a renewal. The film became part of the public domain. Anyone could show the film without asking permission. This meant hundreds of local television stations could air the film every Christmas. These local airings went on for about 20 years, making It’s a Wonderful Life a success as a holiday classic. Republic Pictures reasserted its copyright in court in 1993, giving airing rights exclusively to the NBC TV Network in 1996.
 
Republic Picture’s failure to renew
the copyright for It’s a Wonderful Life
planted a seed for the future success of
a box office failure.
 

“It’s a Wonderful Life”
Library of Congress
George Thuronyl
December 22, 2017

~~~~~

Paula M. Kramer
© 2015 to the present
All rights reserved.

Posts on this blog alternate with posts at the link below. Posts for both blogs are published on Wednesdays as they are ready to be published. Time between posts could be weeks or months.

blog.speakingfromtriumph.com

Keep reading this blog for examples of 8 success choices and 8 failure choices. Use the examples to spark success and fight failure.

Standards For Success Posters

Success & Failure Choices

Resource Websites

smilessparksuccess.com

speakingfromtriumph.com

Business Directory

betterplanetbusiness.com 

Positive Identity Directory For People With Mugshots

myrecordnow.com