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asim 4 days ago

I never thought I would fail. For 7+ years I think that's what drove me. Then things changed. Life changed. They attribute it to burnout and often that is the case, but you have to also factor in life and motivation changes. If the success doesn't come soon enough, you start looking towards other things, other aspects of life, if I may even say, more rewarding and real parts of life. Startups are a microcosm of what life is about, but we get hung up on the outcomes, our identities become intertwined with the mythology of the founder. It's important to break free of some of these notions and this retelling of the narrative even for failed founders in the way of "it's burnout", "lack of product market fit". Life goes on. We should look at these more as experiences to learn from, phases of life and then many go towards the next thing, and that's OK. To any failed startup founder here, it's okay, move on with life, try again, just keep going.

jadbox 4 days ago | parent | next [-]

I'm closing my startup this month after five long years of toil and daily struggle. There were many times where we were just one step away from financial success that could have 10x the company. It always felt like we were just "so close" to making it. After years went by, the long hours, stress, and constantly uncertainty made me want my old life back. At this point, I'd rather do boring contract work where the success definition is clear.

asim 4 days ago | parent [-]

Sometimes we need a reset. I think after some time away you start to gain clarity and then you understand what went wrong or what didn't work. And then if you want to decide to do it again, you can with a better perspective, but you can equally find more value, the same value elsewhere. Some people find contributing to a shared mission elsewhere also works. I hope you figure things out.

markdjacobsen 4 days ago | parent | prev | next [-]

My own experience presiding over startup failure was excruciating. I had a serious personal breakdown that took a couple years to recover from. There was the burnout, but also a deep sense of guilt, weakness, and personal failure. Articles like this can inadvertently heap on guilt, insinuating that a founder "stopped trying" or "lost heart", as a if a better or stronger soul might have prevailed. But sometimes, closing the doors is the right thing to do.

For other failed founders out there... I found very few resources that could help me navigate the aftermath, so I wrote the book I wish I'd had. It's a passion project, so I give it away for free. It's titled "Eating Glass: The Inner Journey Through Failure and Renewal."

Amazon/Audible link: https://www.amazon.com/Eating-Glass-Journey-Through-Failure/...

Free copy: https://www.dropbox.com/scl/fi/arauyfnkwwezbbk0cbvdp/eating-...

asim 4 days ago | parent [-]

Yes, personally I think this idea that our identities are defined by careers, job titles or being a founder is inherently very dangerous. So when it all falls apart, who are you? It is very dangerous. We need to stop evangelising this way of thinking and try to be more holistic about it. Life before startups, tech, etc was not defined like this. Yes people's last names were effectively the work they did, but the whole of your identity was not wrapped up in something that could disappear in an instant. Or something we have effectively infatuated as a real necessity. The reason so many of us fail is because we're building things nobody needs. Maybe that's harsh but I have to ask myself, if I didn't build go-micro.dev, would something else have existed to replace it, yes, wholeheartedly yes. My contribution to software is not that significant. If Google didn't exist, would something else exist, Yes, it would.

We have to look at the world differently. OK there's Elon with his effed up childhood and maniacal need to "save humanity" but when you really get down to it, he falters at the simplest questions about life. This man doesn't know what's real and what's not. Let's be clear, those we follow are just human and often what gets them to where they are, while its hard work, if it wasn't them, it would be someone else and those people would be just potentially in the right place, at the right time, and sacrificing things that maybe we shouldn't sacrifice. Life went on long before tech and it will continue long after tech.

makle 4 days ago | parent | prev [-]

I somewhat failed my last 2 startups as well. None turned into a huge success. But the friends along the way and the contacts sticked. I think the most important thing is that you learn from those failures and improve for the next one!