Our FAILED Business And Comeback | Ep. 120 | Learn From Us

TL;DR

The host discusses the revival of Dynasty Owner, a fantasy football game that he created but failed in the past, highlighting the challenges, risks, and potential success of the game.

Transcript

welcome to learn from us podcast subscribe down below youtube.com slash learn from us we're begging you Seth who's the host here I know do your job well I like to lead with an intriguing lie all failed you did I've had a few businesses fail but there's one that has been revived talk about the failure first so dynasty owner is my my brainchild dynas... Read More

Key Insights

• 👻 The host's past failures with Dynasty Owner have not deterred him from reviving the game, showing his resilience and belief in the concept.
• 👤 The successful revival of Dynasty Owner relies heavily on improved development, positive user feedback, and strategic marketing.
• 😖 The host's founding partners are highly excited about the game and its potential success, reinforcing its importance among their diverse business portfolio.
• 👻 The host's approach to investment is focused on allocating capital where there is potential for high returns, regardless of the industry.
• 😘 Building a waitlist with a low cost per acquisition is a positive sign for the future success of Dynasty Owner.
• 🤗 The host is open to the idea of acquiring a competitor's audience but prefers to invest more in the game itself rather than external acquisitions.
• 👾 The goal is to create demand for the game by having more people interested than there are available spots, maintaining exclusivity and driving up the game's success.

Questions & Answers

Q: What motivated the host to create Dynasty Owner?

The host's frustration with fans not understanding the complexities of professional sports decisions and lack of salary cap-based fantasy games led him to create his own game.

Q: What were the main challenges and failures encountered during the first run of Dynasty Owner?

The host faced issues with multiple development teams, lawsuits, and significant financial losses, leading to the shutdown of the game.

Q: Why did the host decide to revive Dynasty Owner?

Despite the past failures, the host received consistent requests from fans to bring back the game and had faith in its potential success. Additionally, the host's team and resources were better equipped for a successful revival.

Q: How does the host plan to promote and acquire users for the revived Dynasty Owner?

The host mentions utilizing Facebook and Twitter ads, but also emphasizes the importance of creating exclusivity and demand for the game by limiting the number of teams available.

Summary & Key Takeaways

• The host shares the backstory of Dynasty Owner, an innovative fantasy football game using real player salaries and caps, which initially failed due to poor development and financial losses.

• With better developers and positive feedback, the host decides to revive Dynasty Owner, investing a significant amount of money in it.

• The host emphasizes the high potential of the game and the excitement of his founding partners, highlighting the goal of creating an exclusive and successful gaming experience.