Oh yes, we can! From Henry Ford (boo!) to Enron, we have some stories for you! Ep 27: Cruising through History: The Rise and Fall of the Edsel Ep 33: Getting rich quick always works: The story of Charles Ponzi Ep 112 - Squeeze your Juice and have it too: Juicero Ep 128 - Cash, Check, or COD?: The PayPal Mafia - Part 1 Ep 131 - Titans of Tech: The PayPal Mafia - Part 2 Ep 133 - Revenge: The PayPal Mafia - Part 3 Ep 137 - Birds of a Feather, Stolen Together: Edwin Rist Ep 193: How fast can this go? Più veloce!! - Enzo Ferrari Ep 199: Missed the "Mark" to Market Accounting - Enron Ep 210: Do Whatever You Want!! - Action Park, New Jersey
Ep 27: Cruising through History: The Rise and Fall of the Edsel
Ep 33: Getting rich quick always works: The story of Charles Ponzi
Ep 112 - Squeeze your Juice and have it too: Juicero
Ep 128 - Cash, Check, or COD?: The PayPal Mafia - Part 1
Ep 131 - Titans of Tech: The PayPal Mafia - Part 2
Ep 133 - Revenge: The PayPal Mafia - Part 3
Ep 137 - Birds of a Feather, Stolen Together: Edwin Rist
Ep 193: How fast can this go? Più veloce!! - Enzo Ferrari
Ep 199: Missed the "Mark" to Market Accounting - Enron
Ep 210: Do Whatever You Want!! - Action Park, New Jersey
🎧 Stream these cautionary tales wherever you get your podcasts. Preferably not while investing in questionable startups.
Hi Friends! Our transcripts aren't perfect, but I wanted to make sure you had something - if you'd like an edited transcript, I'd be happy to prioritize one for you - please email doomedtofailpod@gmail.com - Thanks! - Taylor
Doomed to Fail is a history podcast about business failures and business disasters
>> Taylor: Hello and welcome to Doomed to Fail. We are a history podcast and we talk about crazy things happened in our past and we are slowly knitting together a idea of what happened and how we got to where we are. And I am Taylor and along with my co host Farz, we record every week and have a new episode for you. But since they are so varied and we talk about so many different topics, I'm also going to tell you about them kind of topic by topic. So today I'm gonna tell you a couple episodes that we have and we have over 200 about businesses and like business failures and business disasters. So we'll start and I'll have a link to each of these individual episodes in the show. Notes. Episode 27 was on the Ford Edsel, which was a car that just like could not have flopped more. And I also in that episode talk about about Henry Ford and how he wrote a book about Jewish people that Hitler really liked. So just a reminder that please don't quote Henry Ford in your business like presentations. I've seen so many people do this and I'm like, no, no, no, find someone else. That man is a N***. So there's that. Episode 33 is about Charles Ponzi who invented, I guess the Ponzi scheme. You can learn about the first time he did it and sort of how he got people to invest money with this promise of a return when there really was nothing happening. Like the like Bernie Madoff now. But the first one that we know about that is named after episode 112 was about the Juicero Juicer. I don't know if you remember this, but it was like a $400 machine and it came with these juice packets. And then you would like put the packet in and you get fancy juice. No one actually had them but like rich people would have them maybe. And then someone did a study and you could just squeeze the juice bags like you didn't need the machine and it all kind of came tumbling down. Then Fars did a three part series on PayPal, specifically the PayPal mafia. So these are where people like Peter Thiel and Elon Musk. It's the first time you heard those guys names when they, you know, came together and created PayPal. So there's three parts to that. Cash Checker, COD, Titans of Tech and then Revenge. Episodes 128 1, 131 and 133. Then far as talks about in episode 137, this dude called Edwin Wriste. And I put this into business because it actually makes no sense to me. So he did this like very elaborate scheme to steal like fishing flies. Like the flies that are like the things that you tie. And he had a business about it, but he also was stealing them and selling them and reselling them. So super interesting. Episode 193, we talk about the rise of Enzo Ferrari and his sports cars and 199, which is like almost our 200th episode. Obviously I talk about Enron, which is my favorite story. If you haven't seen Smartest Guys in the Room, the documentary, please do that or read the book. It's so interesting. So the rise and fall of Enron and then episode 210. This one I talked about in engineering disasters as well, but it is about Action Park, New Jersey. It's a recent one that I did, but I do think it is a very good business case for things like why wasn't this really dangerous place insured? Well, it wasn't because they made up an insurer, like literally made one up. Things like that that are just wild that you do illegally in the business world. And no one went to jail for that. So yes. So that's, I don't know, 10, 11, 12 episodes on business. Check them out. They'll be all in the show notes and we hope that you enjoy. If you have any questions, concerns, ideas, email us doomed to fillpodmail.com and please tell your friends thanks.