Concepton

a device that is generating concepts

Start-up failure #N

2 Comments

Lessons:

  1. Impossible to start something in parallel to the main work…at least if you are already 120% engaged, and you have a family, and if you would like to spend some time with them, and there are only 24 hours a day. So the only time that is left for the business is 11pm-3am (and if you have a wife, you cannot do this every day). #DrinkMoreCoffee #WorkOnTheWay #PracticeContentSwitch
  2. Hard to find good people for the team, but it is even harder to pass the routine. So the initial euphory is trending towards zero. Especially if you loose some money on the way. Search for the ways to keep motivation. #SelfDeterminationTheory #GetFunding #DrinkBeersMoreOftenWithTeam 
  3. Have a meaningful goal! Business that is there only to make money is likely to fail. We had an algorithm of revenue prediction that worked amazingly… most of the times. It is hard to convince yourself that you are doing money to invest in something that would matter in the next phase. #Purpose #MakeTheWorldABetterPlace #MakeValueNotMoney #AskWhyNotWhat

Purpose - Dostoyevsky

Ok… Now I am ready for the next stage and next mistakes… 🙂

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Author: Andrey Gabdulin

www.gabdulin.com Product Development

2 thoughts on “Start-up failure #N

  1. hi Andrey,

    I like your blog and especially this post.

    Are you familiar with this inspiring collection of visualizations?
    http://www.science.smith.edu/dftwiki/index.php/Visualization:_Old_Blog

    What do you think about visualization in a context of VR?

    Thanks,
    Yan

    • Thank you! Cool collection of visualizations. I love it. In my blog I am not posting works of others, but only mine, but I love your collection as it is giving an additional exposure on existing ways of visualization. We think with our brain, but love with our eyes. Great visualization gives ability to love what we think.

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