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When Business Models Don't Work Out

Scott Summit, Bespoke Innovations

"Sometimes you just have to bite your lip, wince a few times and move on," says entrepreneur Scott Summit, in response to a question on what happens when your original business model does not work out. The co-founder of Bespoke Innovations talks about the painful challenge in accepting this fact, when he was unable to produce cutting-edge prosthetics, at appropriate price points, for the developing world.