How Many Times Can My Startup Die?
In today’s Startup Therapy Podcast, Wil and Ryan discuss about the deaths of your startup and how many times do you come back from the grave? Starting a business is actually just a series of recovering from deaths, and that’s okay – but when does it actually start getting better and when would be the time where you realize that you should stop?Sign up for the Startups Newsletterhttps://www.startups.com/newsletterResources:Startup Therapy Podcast https://www.startups.com/beginJoin our Network of Top Founders Check in with us on LinkedIn | Wil Schroter | Ryan RutanWhat to Listen For00:00 Intro01:31 It’s a series of recovering from deaths04:24 We assume it’s supposed to work05:27 Momentum to move forward06:23 The walking dead08:36 Hearing “no’s”13:16 You’ll never know if this is the end 15:15 Are you doing this because you’re afraid of failure?17:57 You have more downside than upside21:57 Success is not in short increments23:25 The world is in defense mode right now26:12 Try to not die 30:04 Signals for when to stay or leave32:24 How do you know if you actually died37:34 This is just how business works42:54 Is this a hurdle or a real wall?46:02 Running out of cash and having to lay off staff50:00 Everything is impossible until somebody does it