Why RedTagCrazy Failed – with Eric Ingram

Eric Ingram, BetaCandy, Clothing Company, eCommerce, Failure, Scaling

Most people will ignore this post because I used the word “failed” in the headline. Don’t make the mistake that they’ll make.

If you only admire successful companies and don’t examine the failed ones you won’t get a complete understanding of what it takes to build a business.

Eric Ingram gave one of the most insightful and useful startup postmortems that I’ve ever heard. If you listen to this interview, you’ll hear how RedTagCrazy generated over $800,000 in revenue by offering discounted designer clothing online and why it closed.

Eric Ingram

BetaCandy

Eric Ingram is the founder of BetaCandy, which connects startups with early adopters.

 

Three messages before we get started. First, are you still coordinating projects by e-mail and wondering why you’re not productive? Would you check out TeamworkPM.net? TeamworkPM.net is trusted by Universal Studios, the University of Texas at Austin, the U.S. Army and other large organizations. But if you’re just trying to coordinate with a small company, maybe even just two people, it’ll still help make your team more productive. How much more productive would you like to be with TeamworkPM.net?

Next, who’s the lawyer that tech startups trust? Scott Edward Walker of Walker Corporate Law. Here’s what Neil Patel, founder of KISSmetrics, says about Scott. He say, “Scott is a great lawyer, responds fast, doesn’t charge you for five-minute phone calls, and always gives great advice.” Walker Corporate Law.

Finally, did you know that in addition to being the virtual phone system that entrepreneurs love, Grasshopper.com has...

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