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Description

In 2014, Amazon introduced its first Fire Phone, aiming to revolutionize the market. Instead, it resulted in a $544 million disaster. Was this truly Amazon's biggest mistake? If so, how did Jeff Bezos transform this failure into a $35 billion business? Watch this true story till the end to uncover the truth and discover key lessons for turning failures into success.

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About the channel.
On The Contributors Channel, you can learn how to start and grow your business, invest in crypto, generate passive income, and build wealth.

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Victor Gichun is the Creator and Host of The Contributors Channel, and a co-founder of Excess Logic, the #1 Nationwide Reverse Logistics Provider. Since 2012 Excess Logic has helped over 500 companies including Google, Meta, LG, and Hitachi remove excess test, measurement, lab, and R&D Equipment, computers, and electronics, networking gear, destroy data, and reclaim residual value. If you need to remove the surplus equipment and electronics and recoup maximum value visit https://excesslogic.com/

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Timing
00:00 Amazon Alexa - Introduction
00:43 The Rise and Fall of the Fire Phone
01:59 The Hidden Agenda Behind the "Failure"
02:53 The Emergence of Alexa
03:56 Lessons in Innovation
04:43 Turning Failure into Opportunity

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