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10-Minute Tech Talks: How Tech Entrepreneurs Fail & How You Can Avoid It

Don’t Crash Like Concord! Tech Entrepreneur Lessons from Sony’s $400 million Flop

30 Sep 2024

Description

Ever wonder how a game with a $400 million budget could fail within a week of launch? In this episode, we discuss the major flop of the”Concord" video game and what it reveals about leadership, company culture, and the risks of ignoring critical feedback. If you've ever been tempted to rely on your past successes or think you’re too big to fail, this episode will open your eyes. We talked with James Deighan, Founder of Mega Cat Studios for his insights on the failure of Concord. Keep listening to: Learn the importance of fostering open communication and "healthy friction" within your team to avoid major pitfalls. Understand how even the biggest investments can fail if leadership doesn't stay humble and receptive to feedback. Discover practical steps you can take to ensure your project doesn't suffer from mismanagement or unchecked egos. Invest 10 minutes of your time to gain insights that could save your next big project from crashing like "Concord." This is a podcast for tech and manufacturing  entrepreneurs exploring the tech ecosystem, from cyber security and AI to SaaS, robotics, and life sciences, featuring insights to satisfy the tech curious.

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