I entered the world of startups bright-eyed, naive and feeling ready to scale the metaphorical peak of my dreams. Having armed myself with the knowledge and wisdom of my forbearers, I thought myself capable of confronting any hurdles or catastrophes that might befall me. One year later, the expedition has hit some really serious snags. I have barely reached base camp and all my supplies have depleted; my crew -- whom I thought would stick with me through thick and thin -- have all but abandoned me. I'm not that obstinate, I know when to quit when the gig is up; but the fire of entrepreneurship still burns fiercely in my belly. I feel ready to build another startup but at the same time, I'm quite worried it will end up in another crumbling mess. How can I ensure that my new startup would work out? What mistakes should I avoid? What should I heed? Let me know in the comments below. -- Image Credit: ocusfocus / 123RF Stock Photo
e27 Discussions, my first startup was a failure but I want to start another one, how can I do better this time round?
The path to success is built upon the foundations of failures, but how can entrepreneurs learn from their past mistakes?