We all (hopefully) learn from our mistakes. Entrepreneurs, especially, are bound to make them — and it’s those early stumbles that can make (or break) them.
Of course, it’s always better to learn from other people’s mistakes. The business world is full of blunders, and watching them can be great sport. As 2011 drew to a close, we saw obituaries for ill-conceived gadgets like the TouchPad, HP’s attempted iPad killer. And who can forget Qwikster, Netflix’s brief, doomed spinoff DVD service? Looking ahead to the coming year, here’s our prediction — products will flop, mergers will fail and ad campaigns will fizzle. We’ve seen it all before.