#FailedFounders #StartupMistakes #EntrepreneurshipJourney
Hey everyone!
Have you ever faced failure as a founder but refused to give up? That’s exactly what happened to me. I made countless mistakes, lost everything to COVID, but now I’m back at it again with Round 2. 🚀
I recently shared my story on TikTok and got me thinking – wouldn’t it be valuable for other failed founders to share their stories too? 🤔
So, I’m thinking of starting a podcast where we can openly discuss our failures, learn from each other, and maybe even find closure for our losses. Who’s in to become a guest on this upcoming podcast? 🎙️
I plan to release a new episode every Saturday, sharing the ups and downs of building my company and the lessons learned along the way.
What do you guys think about this idea? Let’s turn our failures into opportunities for growth and support each other in our entrepreneurial journeys. 💡
If you’re interested in joining or sharing your story, drop a comment below or send me a message. Let’s build a community of resilience and knowledge together!
Looking forward to hearing your thoughts! 🌟
I’d love to watch your TikTok video. Is DM’ing allowed?
Love the honesty! Failed founders unite!
The concept of “failed founder” is anathema to anyone still trying to be a founder – the only true way to fail is not to try again. What you’re looking for are underdog stories- coming back against the odds like yourself. I can’t say I have one to give you – yet.
I set up a business, online lead gen – slightly sleazy industry.
We did a few tricks to generate leads. Things were flying for the first 18 months. In year two we were looking to turn over around $2m, with about a 15 to 20% margin. I felt like I would never need a job again.
Long story short, we were banned from Google AdWords, and the whole thing went to shit. Turns out myself and my business partner could only function in fair weather.
I tried to go solo, but nothing worked. Ended getting a job in a university. I tried to set up a side hustle business that did not take off. It’s been 9 years, and I think I’m ready for a third attempt! However, I have found 90% of the challenge and flexibility I’m looking for working in a University.
Happy to share my journey!
One thing to note is that I believe YC did a little survey of founders a few years out from their founding. Even amongst failed founders, they found that 95% of founders do not regret founding, and just 5% say they wish they’d have gotten a job instead. This is telling, and it shows that starting a startup really can be great just for the experience. Failed founders have failed when they haven’t learned. You can easily convert this startup experience into getting director level positions at large companies, or going to a early stage, scaling startup as an executive, or hell even just running it back.