What we learned from failing as first-time founders
medium.com"It is not the critic who counts; not the man who points out how the strong man stumbles, or where the doer of deeds could have done them better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood; who strives valiantly; who errs, who comes short again and again, because there is no effort without error and shortcoming; but who does actually strive to do the deeds; who knows great enthusiasms, the great devotions; who spends himself in a worthy cause; who at the best knows in the end the triumph of high achievement, and who at the worst, if he fails, at least fails while daring greatly, so that his place shall never be with those cold and timid souls who neither know victory nor defeat." - Theodore Roosevelt
incredible quote — possibly the best motivation I've heard for founders
That's a great story with some valuable lessons learned, but I can't help but wonder how this forms the basis of someone's driving passion straight out of college: "Our mission was connecting millennials with smart, thought-provoking articles."
Glad it's still a side project!
"Over 90% of startups fail."
Does anyone know the success rate for 2nd and 3rd attempts?
that's a BS number everyone uses but no one knows for sure because it's too hard to calculate. What's a startup? What's a success? Stay open for 5 years. technically their's isn't a failure then because they possibly stay open as a side project for another couple years.