How Failing a Startup Can Be the Best Thing to Happen

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  • Опубліковано 26 вер 2024

КОМЕНТАРІ • 85

  • @godai08kun
    @godai08kun 11 місяців тому +11

    Thank you for the total honesty, Simon. That should keep us all level headed!

    • @RawStartup
      @RawStartup  11 місяців тому +1

      Yup always keep it real!

  • @geoffplywood6112
    @geoffplywood6112 11 місяців тому +7

    That is so tough. Commiserations to Simon; you can feel his deep disappointment. Thank you for making this difficult video to help others

    • @RawStartup
      @RawStartup  11 місяців тому +1

      Yes this was rough for Simon and he did great

    • @simonkaczmarek2275
      @simonkaczmarek2275 11 місяців тому +1

      Heini really help with his experience and structue
      Thank you

  • @neilguru2113
    @neilguru2113 Рік тому +6

    A start up journey is a rigorous path , But it’s worth it. It gave you insights about yourself and about the world which is beneficial.

  • @MateoRattagan
    @MateoRattagan Рік тому +5

    Great content. The last piece of advice is brutal but necessary:
    "You are not losing yourself if you lose your business. You are not your startup."
    Thank you

  • @yiukins
    @yiukins Рік тому +11

    Thank you for sharing Simon. It’s not easy to share a failing experience. I am sure you do that so others could learn from your experience. I am really thankful for that.
    With the mentality of giving and doing the right thing, I believe your next adventure will be a hugely successful one.
    From one founder to another.

  • @jonsanborn6849
    @jonsanborn6849 Рік тому +5

    Great video. This is definitely the "raw" part of Raw Startup but critically important.

    • @RawStartup
      @RawStartup  Рік тому

      Thank you, yes we want to keep it real!

  • @thingformob
    @thingformob Рік тому +5

    Thanks for the insights and honesty Simon. Wishing you great success in whatever you choose to do.

  • @enaut666
    @enaut666 11 місяців тому +3

    Great again! as you said... LinkedIn is the Corporate Instagram but the reality is hard. Go strong Simon!

    • @RawStartup
      @RawStartup  11 місяців тому

      Yup reality can be rough.

  • @sivsoto4285
    @sivsoto4285 11 місяців тому +6

    Thanks a lot Heini and Simon for sharing, this is very brave, really brave from Simon! We can see the sadness in his eyes! But, for the crazy people like us that are about to start this kind of adventure, this video gives us a lot of lessons learned!
    Simon this is not the end, it is just the begining! Trust me!
    Blessings!

    • @RawStartup
      @RawStartup  11 місяців тому +1

      Thank you, glad it was helpful!

    • @simonkaczmarek2275
      @simonkaczmarek2275 11 місяців тому

      Stay crazy ! 🎉
      And thank you!

    • @sivsoto4285
      @sivsoto4285 11 місяців тому +1

      @@simonkaczmarek2275 Sure I will! Blessings and again, Thank You for sharing!!

  • @rahmanabdullah1049
    @rahmanabdullah1049 7 місяців тому

    Simon, the bestest trait may not be your business idea; but it is your resilience to keep going. resilience is super important for entrepreneurs in any country or culture. you've got it. hats off to you!

  • @edhersantiagovilleda9092
    @edhersantiagovilleda9092 11 місяців тому +2

    Thank you very much Simon for sharing your story, not everyone dares to do it, most just want to show stories of triumphs. What you shared with us is very valuable to me, because it makes me feel that I am not alone. Those of us who are founders know that this is a lonely and tortuous path, that it is difficult to open up to colleagues or family, because we want to contain everything bad so that it does not affect them, and doing that all the time is very exhausting.
    I really believe that the soul of a startup is like a Phoenix, so I am very sure that great things are coming for you Simon.
    I send you a warm hug from Mexico.

    • @simonkaczmarek2275
      @simonkaczmarek2275 11 місяців тому

      Thank you !
      I am happy, my story has an positive impact on yours!

    • @RawStartup
      @RawStartup  11 місяців тому

      Thank you!

  • @herbertbay
    @herbertbay 11 місяців тому +4

    How courageous Simon. Very important advice to have your personal risk management and know when enough is enough. I wish you all the best for the future, and I hope you will try again at some point when the market is again on an up trend.

    • @RawStartup
      @RawStartup  11 місяців тому +1

      Thank you Herbert and I agree Simon said it was all about passion, I bet that passion will come back at some point for a different project!

  • @jkodani
    @jkodani 11 місяців тому +2

    Simon, impressive story and I learned a lot! I should have watched this video when I saw it in my notification the first time, because the struggle is real.

    • @simonkaczmarek2275
      @simonkaczmarek2275 11 місяців тому +2

      Thank you for taking the time to view it.

    • @jkodani
      @jkodani 11 місяців тому +1

      @@simonkaczmarek2275 You are welcome, since it helps me to know that my startup challenges out here in Hawaii isn't unique: 🙏

    • @RawStartup
      @RawStartup  11 місяців тому +1

      The struggle is very real!

  • @efedegirmenci
    @efedegirmenci Рік тому +2

    Thank you for showing the other side of the coin; from the dream of a billion-dollar company to the reality of shutting down a business.

    • @RawStartup
      @RawStartup  Рік тому

      Yes most companies don't become billion dollar businesses...

  • @maltepruser
    @maltepruser Рік тому +2

    Super valuable video as always, thanks for sharing!

  • @K0ukku
    @K0ukku Рік тому +3

    As a Person who was in a Startup in the middle of it, Simon seems to be too honest for the startup game. Take that as a compliment.

  • @Jeff-uw7io
    @Jeff-uw7io Рік тому +3

    Great listen. I’m curious to hear more about the thought process of term sheets that cause damage to the business.

    • @RawStartup
      @RawStartup  Рік тому +1

      Thanks I will ask Simon to comment!

  • @813infinityfilms123
    @813infinityfilms123 11 місяців тому +2

    Heini, thanks! I've learned from your channel! Going to launch a bootstrap company (non-SaaS) this month!

    • @RawStartup
      @RawStartup  11 місяців тому

      Happy to hear it and Good Luck!

  • @kompila
    @kompila Рік тому +6

    Sorry Simon. Awesome lessons learned.

  • @GC-zw6lc
    @GC-zw6lc Рік тому +3

    I think you did well as long as i can see but i also think it is not over yet (it is still your product) and that also raises me a question of when to get in touch with VCs i might be wrong but i think even in early stages it might be good doing that🤔

  • @kiro1107
    @kiro1107 11 місяців тому +2

    Man I would love to speak to you. I still haven’t started my startup. But I will soon. But have some questions. We need more vids like this 💪🏼🙏🏼

    • @RawStartup
      @RawStartup  11 місяців тому

      Thanks and Good luck with it!

  • @alicdngwenya5081
    @alicdngwenya5081 9 місяців тому

    Wow working on more less same startup in Poland, would love here more from Simon advice ,mentorship if you don’t mind great video

  • @bigbanknewyork3655
    @bigbanknewyork3655 Рік тому +2

    Gotta keep costs low. Avoid AWS if you can.

    • @RawStartup
      @RawStartup  Рік тому

      Yes keep costs low!

    • @simonkaczmarek2275
      @simonkaczmarek2275 Рік тому +1

      We actually used Aws, and had a great relationship with them. However, they are not inexpensive.

  • @Tom-pk4gl
    @Tom-pk4gl 7 місяців тому

    Keep your head up mate, still well done

  • @MrVisionDPB
    @MrVisionDPB 11 місяців тому +3

    Corporate have it all wrong, the best Visionaries are just in your neighbor hood self taught man who probably never had a chance to Universities, bachelors etc. due to poor upbringings. The best minds are in the hunger for success not easy hand outs because of a Family Name, why do you think we have Fictitious, not to to protect ourselves but because of that same thought.

    • @RawStartup
      @RawStartup  11 місяців тому

      Thanks for the comment

  • @altorjoman-
    @altorjoman- 11 місяців тому +2

    Thank you for sharing Simon, i'm building a B2B startup for small grocery store owners and i'm wondering if i should charge them when starting out P.S my compititor are doing it for free.

    • @simonkaczmarek2275
      @simonkaczmarek2275 11 місяців тому +1

      A good friend once told me. If you want commitment and serious feedback, you need them to commit financially- even if it's a symbolic number.

    • @altorjoman-
      @altorjoman- 11 місяців тому

      @@simonkaczmarek2275 the problem is my compititor have a good product and they're offering it for free :(

    • @RawStartup
      @RawStartup  11 місяців тому +1

      Yeah I would second that, especially in B2B.

    • @altorjoman-
      @altorjoman- 11 місяців тому

      @@RawStartup The problem is that the competition does it for free, any thoughts?

  • @MartinUdbyeMadsen
    @MartinUdbyeMadsen 11 місяців тому +2

    Being a start up founder myself, 1 year into the journey I found this very inspiring. Thank you for sharing Simon. I can relate to so much of what you were saying - especially the statement that you can make so many many right choices and still not be certain of a win. Good luck for the future.

    • @simonkaczmarek2275
      @simonkaczmarek2275 11 місяців тому

      Thank you, and all the best with your venture !

    • @RawStartup
      @RawStartup  11 місяців тому

      Thanks and best of luck to you!

  • @lawliet6434
    @lawliet6434 Рік тому +1

    "Hi , I hope you're doing well. By the way, I have a question: Can I create an MVP (Minimal Viable Product) using no-code tools? Afterward, I plan to develop a website where users can interact with the MVP and fill out surveys for feedback. Is it possible to secure funding from angel investors with the MVP and user survey feedback?

    • @RawStartup
      @RawStartup  Рік тому

      You can certainly build that in No code, no doubt about it. Could you raise money from an angel on that, I'd say maybe. Depends on the the results and the angel.

  • @rotteneggconcept
    @rotteneggconcept 11 місяців тому +2

    Clearly there's market demand as he managed to get 10+ Customers, was it more a question of rushing the funding Referring back to your funding video, if the product is built and there are paying customers , I'm not understanding why the quick exit you could still market the market while staying in corporate, if the passion for the product is still there.

    • @RawStartup
      @RawStartup  11 місяців тому

      Thanks, I will let Simon answer this question, but I will say that 3 years is a long time and if the progress isn't there it may well be time.

    • @simonkaczmarek2275
      @simonkaczmarek2275 11 місяців тому

      Great question.
      It wasn't an exit, but need for capital in a red ocean market.
      There are only a few strategies to fight in red ocean, and both need capital.

  • @vamsi69
    @vamsi69 11 місяців тому +1

    Dear Sir,
    I am writing to you from India to share my startup idea and to seek your advice on how to get funding.
    My startup idea is to create a platform that connects global investors and startups, including startups in India. I believe that this platform can help to solve the major problem of funding that startups face.
    My platform will be unique in that it will also allow small investors to invest in startups. This will make startup investing more accessible to everyone, not just the wealthy..
    I am passionate about this startup idea because I believe that it has the potential to revolutionize the Indian startup ecosystem. By making it easier for startups to raise funding, we can help them to grow and create jobs.
    I am currently seeking funding to launch my startup. I would be grateful for any advice you can give me on how to raise funding, and I would be open to discussing my startup idea with you further.

    • @RawStartup
      @RawStartup  11 місяців тому +1

      Thanks, good luck with it, the advice I can give is on the channel, now go build it!

  • @Doggoneslots
    @Doggoneslots 8 місяців тому

    My idea effectives everyone not 1 Nitch consumer

  • @aftermillion4971
    @aftermillion4971 11 місяців тому +1

    Hello last few days ago i finished development saas startup that based on chatgpt API i would like to be partner on it that if you like i can let you see it ?

    • @RawStartup
      @RawStartup  11 місяців тому

      That is a nice invite, maybe Simon is interested

    • @aftermillion4971
      @aftermillion4971 11 місяців тому

      @@RawStartup great if you interested I let me know to let you see it

  • @javirivas1972
    @javirivas1972 11 місяців тому +2

    Thank you Simon and best of luck for the future. Can you share in what money goes when trying to raise money?

    • @RawStartup
      @RawStartup  11 місяців тому

      Thanks, I will let Simon reply to that.

    • @simonkaczmarek2275
      @simonkaczmarek2275 11 місяців тому

      Sure.
      For us, it was accounting team to restructure our company structure, a team of lawyers, that helped with the negotiations, alot of paperwork and even protecting our black box, during the technical due diligence phase.

    • @javirivas1972
      @javirivas1972 11 місяців тому +1

      @simonkaczmarek2275 Understood. Thank you Simon.

  • @andriiblyzenko7474
    @andriiblyzenko7474 Рік тому +3

    You did great, keep it up! I totally can relate Simon, being a solo founder is hard, still trying to manage it, but my startup is got stock rn on developing stage. Anyway great story, best of luck everyone

    • @RawStartup
      @RawStartup  Рік тому +1

      Thanks and maybe Simon will come back with another Startup although he says no now.

  • @Doggoneslots
    @Doggoneslots 8 місяців тому

    Sir please i need 3:15 seconds of your time how do i get in direct contact. I have an services app bigger then the room im n. Please 🙏 hear this out.