So recently a startup folded. And seriously it scared the shit out of me. I know startups tend to fail. But seeing someone close to me folding their business did strike me hard in the heart.
It’s like witnessing one of your loved ones pass away. Will that happen to us? Possibly. After all, most startups are born to fail.
So I’m dedicating this memo to myself, my team members, and fellow entrepreneurs as a reminder to fight hard. Fight hard so you have no regrets. If the venture fails, we all know we tried our best.
There are 101 reasons why a startup can fail. But don’t let the reason be a lack of effort or passion. We can’t control the competition or the market. But we can make ourselves stronger, make the team stronger. We can struggle and push further, and take risks to go a higher level.
Even if we fail, then the journey will have been beneficial. Try again, knowing you can do better with a load of startup experience behind you.
I wish you good luck, founders!
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