Learning from Startup Failures

[MJ DeMarco]

Quite an interesting list that highlights start-ups and the founder's rationale behind the failure.

http://autopsy.io/

 

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[mikekob]

Interesting. I think those are all excuses for either not doing your homework, or not wanting to persevere.

Some are just straight up excuses for laziness.

 

[Kevin Peter]

I work for a startup too. I agree with most of the points that go against us each day at work. but, yeah we have managed to keep things intact and raise the 3rd round of NASSCOM funding

 

[Kingmaker]

 

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[dirk.wert.3]

What's with the "couldn't find a market" then wth was he doing

 

[Andy Black]

Great video. Confirms why I have zero interest in startups.

 

[tafy]

Startups are hard... Especially if your building something new to the market.

 

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[theag]

The "we were naive idiots" reasonates with me.

A few years ago I was doing a "startup". I was the impersonation of a wantrepreneur. Running around trying to raise 150k with literally just a powerpoint. Even got a comitment for 50k, who knows why, guess I can be convincing. Then realized how much of a dumb F*ck I was and quickly canceled the whole thing.

That was right after I first read TMF , dropped out of college and multiple offers for a high level investment banking career, because I thought I could become a multimillionaire in short time with my stupid idea. Again, super naive. Guess I didnt get the message back then. Took me a full 3 years of failure until I wised up and started a real business.

 

[juan917]

The "we were naive idiots" reasonates with me.

A few years ago I was doing a "startup". I was the impersonation of a wantrepreneur. Running around trying to raise 150k with literally just a powerpoint. Even got a comitment for 50k, who knows why, guess I can be convincing. Then realized how much of a dumb F*ck I was and quickly canceled the whole thing.

That was right after I first read TMF , dropped out of college and multiple offers for a high level investment banking career, because I thought I could become a multimillionaire in short time with my stupid idea. Again, super naive. Guess I didnt get the message back then. Took me a full 3 years of failure until I wised up and started a real business.

I'm finding myself in a pretty similar situation. I have to ask, was it worth it??

 

[theag]

I'm finding myself in a pretty similar situation. I have to ask, was it worth it??

Too early to tell... Looking good now than I'm running a successful business with high potential, but for the 3-4 years prior to that I was depressed as shit with lots of regrets.

 

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[juan917]

Too early to tell...

That's basically been my response to others who ask me similar questions as well. Time will answer all

 

[Imgal]

Startups are hard... Especially if your building something new to the market.

So true. My first startup was something totally new to the market. It was also something there was no demand for except from myself and my business partner. Huge monetary success. Nope. A first class degree in how to not go about running a business. Took every lesson and am more grateful for it than you can know.

 

[sladdha]

MJ's post is only a snapshot of 100+ Reasons listed at the autopsy website and these capture a wide spectrum of possible/real reasons for startup failure.As an entrepreneurs,we can learn a lot from these ventures gone bad,and navigate our businesses on a success fastlane.

 

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