#2666 - Failure Friday: The Unexpected Inventory Overflow
Side Hustle School
Chris Guillebeau
4.7 • 3.3K Ratings
🗓️ 19 April 2024
⏱️ 9 minutes
🧾️ Download transcript
Summary
In this week’s Failure Friday segment, we hear from a women’s clothing seller who uses predictive analytics to decide what to order for the holiday season. Unfortunately, her forecast didn’t line up with actual demand.
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Side Hustle School features a new episode EVERY DAY, featuring detailed case studies of people who earn extra money without quitting their job. This year, the show includes free guided lessons and listener Q&A several days each week.
Show notes: SideHustleSchool.com
Email: team@sidehustleschool.com
Be on the show: SideHustleSchool.com/questions
Connect on Instagram: @193countries
Visit Chris's main site: ChrisGuillebeau.com
Read A Year of Mental Health: yearofmentalhealth.com
If you're enjoying the show, please pass it along! It's free and has been published every single day since January 1, 2017. We're also very grateful for your five-star ratings—it shows that people are listening and looking forward to new episodes. 😎 🙏🏼
Hosted on Acast. See acast.com/privacy for more information.
Transcript
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| 0:00.0 | This episode is brought to you by Krakhan. |
| 0:03.0 | crypto is like finance, but different. |
| 0:06.0 | It doesn't care when you invest, trade or save, do it on weekends, |
| 0:11.0 | or at 5 a.m. |
| 0:12.0 | Or on Christmas Day, at 5 a.m. or on Christmas day at 5 a.m. |
| 0:15.2 | crypto is finance for everyone everywhere all the time. |
| 0:19.4 | Visit crackin.com slash see what crypto can be to learn more |
| 0:22.8 | don't invest unless you're prepared to lose all the money you invest this is a high risk investment |
| 0:26.8 | and you should not expect to be protected if something goes wrong |
| 0:30.3 | This episode is brought to you by Oracle. AI is storming every industry, but how do you compete without costs spiraling out of control? Time to upgrade to Oracle Cloud Infrastructure or or OCI. |
| 0:43.5 | OCI is one efficient platform for your infrastructure, database and application development |
| 0:48.8 | with AI built in. |
| 0:50.5 | Do more and spend less like Uber, the Premier League and Oracle Red Bull Racing. |
| 0:55.0 | Take a free test drive at oracle.com slash Spotify. Failure Friday, the unexpected inventory overflow. |
| 1:07.0 | Welcome to Sidessel School, your host, Chris Gillibow. expected inventory overflow. |
| 1:12.6 | Welcome to Sidesal School, you're a host Chris Gillibow. |
| 1:15.8 | Today we're going to hear from a women's clothing seller who uses predictive analytics |
| 1:19.3 | to decide what to order for the holiday season. |
| 1:22.1 | Now this sounds like a good idea right you've got some |
| 1:24.2 | software or some kind of tool that's going to be like hey here's what people are going to be |
| 1:28.3 | buying so you need to stock up therefore you can sell these items you won be back ordered. You'll be the retailer people go to. |
| 1:35.0 | As I said, it sounds like a good idea, but of course this is Failure Friday. What is that? |
... |
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