How Many Times Can My Startup Die?
Feb 20, 2023•52 min•Ep. 200
Episode description
In today’s Startup Therapy Podcast, Wil and Ryan discuss about the deaths of your startup and how many times do you come back from the grave? Starting a business is actually just a series of recovering from deaths, and that’s okay – but when does it actually start getting better and when would be the time where you realize that you should stop?
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Resources:
- Startup Therapy Podcast
- https://www.startups.com/begin
- Join our Network of Top Founders
- Check in with us on LinkedIn | Wil Schroter | Ryan Rutan
What to Listen For
- 00:00 Intro
- 01:31 It’s a series of recovering from deaths
- 04:24 We assume it’s supposed to work
- 05:27 Momentum to move forward
- 06:23 The walking dead
- 08:36 Hearing “no’s”
- 13:16 You’ll never know if this is the end
- 15:15 Are you doing this because you’re afraid of failure?
- 17:57 You have more downside than upside
- 21:57 Success is not in short increments
- 23:25 The world is in defense mode right now
- 26:12 Try to not die
- 30:04 Signals for when to stay or leave
- 32:24 How do you know if you actually died
- 37:34 This is just how business works
- 42:54 Is this a hurdle or a real wall?
- 46:02 Running out of cash and having to lay off staff
- 50:00 Everything is impossible until somebody does it
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