Want to create an interactive transcript for this episode?
Podcast: My Worst Investment Ever Podcast
Episode: Scott Alldridge – Hot Coffee, Cold Reality: The $10,000 Drone Delivery Mistake
Description: BIO: Scott Alldridge is CEO of IP Services and President of the IT Process Institute, a bestselling author of the VisibleOps series, and a Certified Chief Information Security Officer.STORY: Scott’s worst investment was a stake in a startup promising to deliver hot coffee by drone. Excited by the futuristic idea, he invested before the concept was proven—but the project quickly crashed when the FAA banned drone deliveries and a prototype failed spectacularly.LEARNING: Being first doesn’t always mean being right. Due diligence is non-negotiable. “You don’t have to jump in...