My “bi-weekly” blog post is a bit late — okay, it’s 6 months late. I took some time off to decompress from the startup crazies. My next two posts will differ a bit from the chronicles of my startup nightmare.
Although the things we did right and lessons learned are the pillars of my failure narrative, some people don’t get it. One startup founder asked me “did you do anything right?” I decided it’s time to spell it out more clearly.
Why did the company fail? In a word – discipline. I got caught up in my big idea rather than follow the Lean Startup Principles. I overshot the minimum viable product (MVP) by so much that by the time I got to product-market fit I ran out of money. Here are some of the lessons learned…coming next week!