Failure at a Startup
Episode 10 of the Talking Tuesdays with Fancy Quant podcast, hosted by Dimitri, titled "Failure at a Startup" was published on May 25, 2021 and runs 12 minutes.
May 25, 2021 ·12m · Talking Tuesdays with Fancy Quant
Summary
Send us Fan Mail Coping with failure is hard however coping with the failure of a business is even more challenging. Your life from money to time to ego all get slowly drained over time with a failing business however the final bankruptcy is the hardest part. It is the final nail in the coffin meaning there is no hope left. There is a lot of self reflection and doubt in failing. What if I would have done things differently? What if I would have had more help? What if I would have fixed a ver...
Episode Description
Coping with failure is hard however coping with the failure of a business is even more challenging. Your life from money to time to ego all get slowly drained over time with a failing business however the final bankruptcy is the hardest part. It is the final nail in the coffin meaning there is no hope left.
There is a lot of self reflection and doubt in failing. What if I would have done things differently? What if I would have had more help? What if I would have fixed a very specific problem? It is important to learn from the failure however there are many things that you will never know.
Lessons I learned from this failure is how to manage employees, when to cut your losses, how to run a successful marketing campaign, how to program, the basics of analytics, the real world isn't fair, why managers want you to go above and beyond without direction, and a very long list of other lessons. While it is hard to let go and cost my family a lot of their time and money, we all learned more than we ever expected!
Video version:
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