My Start-up Failed In 22 Months - Here's What I Learnt

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  • Опубліковано 18 лис 2024

КОМЕНТАРІ • 556

  • @kalemercer7053
    @kalemercer7053 5 років тому +582

    "Show me someone who has never failed, and ill show you someone that has never tried"

    • @NamaDoodoo
      @NamaDoodoo 5 років тому

      💯

    • @TDOTSE1
      @TDOTSE1 5 років тому +2

      Love this saying 🔥👌🏾

    • @Whatsyourproblemhuh
      @Whatsyourproblemhuh 5 років тому

      Kylie

    • @lucianjefernein8721
      @lucianjefernein8721 5 років тому +2

      Mark zakarburg? Zeff besos? Both Fb and Amazon were success since their early days and have yet to see bankruptcy and won't most probably.

    • @kalemercer7053
      @kalemercer7053 5 років тому +1

      @prathamesh bhat Bill gates dropped out of Harvard, went back 33 years later to finish.

  • @explosioninthesky
    @explosioninthesky 5 років тому +425

    The thing that really interesting in entrepreneurship is every failure is a lesson

    • @juanshaftpatel7488
      @juanshaftpatel7488 5 років тому +3

      in life

    • @dgr8oneme
      @dgr8oneme 5 років тому +9

      Yeah but that's applicable to everyone, not just entrepreneurs 🤷🏻‍♂️

    • @CuongNguyen-le5ic
      @CuongNguyen-le5ic 5 років тому +3

      The problem is not many people have the chance to start a new one. I recently watch history of Trump. In fact Trump failed several times, the biggest one is when he lost all money due to Casino Bankruptcy. Yes most of his money that would destroy most people, but luckily he got his daddy to clean up and let's him try again and again and again.
      Just saying the different between the rich and poor is the poor only have 1 chance most of the time. While the rich will have so many chances and each failure is a lesson for them to start a new one.

  • @vll16b
    @vll16b 5 років тому +91

    Brave guy. At least this guy has a sense of leadership and responsibility in him.

    • @hidayat1999
      @hidayat1999 5 років тому

      The entreprenuirship inductry is quite toxic. Jezus. There are many other ways with those characteristics

  • @prettyo.1385
    @prettyo.1385 5 років тому +381

    We often or always jst see success stories of people, but we rarely hear stories of failure. Bcoz of that when we're young we tend to oversimplify life and think that its jst gonna be smooth sailin ahead. In reality, failure happens, most people failed on their first try and its normal. Only a small percentage of people who followed their dreams gain instant success, life isnt jst rainbows n butterflies. Im glad i watched this video, and i really appreciate him for sharing his story!

    • @GameFuMaster
      @GameFuMaster 5 років тому +11

      agreed, I tried making my own start up, only to realize once I built a prototype, it's the selling that's the most difficult. Not to mention, a start-up is a job that's longer than a 9-5 with unstable pay.

    • @prettyo.1385
      @prettyo.1385 5 років тому

      @@GameFuMaster what startup may i ask?

    • @GameFuMaster
      @GameFuMaster 5 років тому +5

      @@prettyo.1385 it's a platform for brick-and-mortar stores to create maps and to place items onto it, so it's easier to find them in-store.

  • @ZhaneStrife
    @ZhaneStrife 5 років тому +256

    Thanks for sharing this. Ur a brave man. You will succeed one day eventually

    • @erich9779
      @erich9779 4 роки тому

      Quit that

    • @cidd04
      @cidd04 4 роки тому

      he did not succeed

    • @officialcritz4554
      @officialcritz4554 4 роки тому +2

      Rafael Ansay takes time, a poor mindset is looking at things now, not in the the future.

  • @skysocial.agency
    @skysocial.agency 5 років тому +15

    I have learned so much more from my failures than anything else. The thing I love about people like you is that you are the few who take action, not afraid of risk, and a role model aiming to change an industry.

  • @adrians.7489
    @adrians.7489 5 років тому +27

    Show me One Great founder that has t experienced failure in the past. You can’t. I love this guy for sharing this.

  • @gauravpatil6289
    @gauravpatil6289 4 роки тому +5

    Ur not a failure Ur a winner who just a step away.. I BELIEVE IN U

  • @JeffLamth
    @JeffLamth 5 років тому +50

    Hey Khar Kiat, thanks for being brave to share this! Not sure if you still remember me; I still remember you while at Pollinate - you always had a positive aura around you and that is really something that can’t be easily taught. Would love to catch up with you sometime!

  • @sayyidpersonal
    @sayyidpersonal 5 років тому +29

    A great entrepreneur once told me. Learn from the mistake of other people rather than seeing other people success.

    • @muyiwaosifuye
      @muyiwaosifuye 5 років тому

      You are correct!
      That's where the secret lies...reason; mentoring goes a long way.

    • @grandelande1
      @grandelande1 5 років тому +1

      its jack mas quote

  • @syazana4350
    @syazana4350 5 років тому +45

    "Failure is okay". When you said that I feel like somehow relieved because I always think of myself as a failure. Thank you, sir. I really need to hear that. I hope you'll success in future in whatever you're doing☺️

  • @singhraunak09
    @singhraunak09 5 років тому +156

    I fail 21 interview for a in last three month and after that I successfully clear 19 interview got a job in one of the best company of UK. Very happy to face such failure who can teach you better then success. 🙂

    • @TheHawk005
      @TheHawk005 5 років тому +3

      congratulation bhai have a great life....!!!

    • @singhraunak09
      @singhraunak09 5 років тому +3

      @@TheHawk005 thank you bro

    • @joshimdhishim309
      @joshimdhishim309 5 років тому +1

      What company? Whats your role?

    • @theman5614
      @theman5614 5 років тому

      gratz really good, money is one thing but enjoying being in a good company plus job makes it a big bonus!

    • @learnersparadise7492
      @learnersparadise7492 4 роки тому +3

      Interview is nothing compared to trying out a start-up

  • @farajasmin1497
    @farajasmin1497 3 роки тому +15

    Hi, I am a lecturer and would love to share your story to my students. People tend to share success story but at the same time how many businesses that were actually survive? With this story, I will be able to share how important it is to accept failure, never give up and always allow yourself to develop. Everyone do mistakes. Thank you for your sharing

  • @jryde421
    @jryde421 5 років тому +20

    Not only is he brave to leave his career and start a bussiness...this man told his failures...major props bro.

  • @miketaiwanwalkcity6355
    @miketaiwanwalkcity6355 5 років тому +7

    I applause! He was COURAGEOUS to quit his job and tried to make his vision a reality

  • @hyzelfadhil5691
    @hyzelfadhil5691 5 років тому +26

    An extremely valuable, refreshing and insightful interview.
    The business may have failed but the knowledge and experience he gained is immense.
    Matter of time before he will see success. God willing.

  • @jk35260
    @jk35260 5 років тому +7

    Startup is really tough work but this is where Singapore really need. People with the grit and spirit to work out something new. I would lend my support to such locals who are willing to try by trying out their products.

    • @Toiletbowl93
      @Toiletbowl93 5 років тому

      Bock Keat Thank you. This means a lot to all of us entrepreneurs. :)

    • @austinluis9446
      @austinluis9446 3 роки тому

      Hello

  • @leehyunsong7001
    @leehyunsong7001 5 років тому +60

    Two years without competition and business still fail, very likely the business model is not profitable; how much Singaporeans willing to pay extra while most of us can just buy foods downstairs.

    • @brackpersian
      @brackpersian 4 роки тому

      $1.50 lol

    • @Xperian13
      @Xperian13 4 роки тому

      Services like GoFood/GrabFood isn't available in Singapore back then?

    • @JCTPing88
      @JCTPing88 4 роки тому +2

      @@Xperian13 grabfood, food panda and many more were already in market back then.

    • @JCTPing88
      @JCTPing88 4 роки тому

      Food delivery is never a profitable business, at least several years from beginning

    • @Zo-hc2fn
      @Zo-hc2fn 3 роки тому

      I am thinking about a new type of restaurants : eating-spots,
      in eating-spots, food keeps changing, chefs also rotate,
      this is opposed to current restaurants,
      thanks to this rotation of food and chefs, eating-spots are more powerful than restaurants
      along with that, there is an app,
      people vote for the food that will be cooked in the next days
      menu is influenced by the live input of the people via an app.

  • @Gamabunta24345
    @Gamabunta24345 4 роки тому +32

    I love this. They are showing the failures as well.

  • @erlangga1990
    @erlangga1990 5 років тому +10

    Dude, you're like my hero. the man who takes action.

  • @hansonkewl2377
    @hansonkewl2377 4 роки тому +3

    Appreciate your bravery for sharing with the public, especially perspective coming from an Asian person. Not many and enough failure stories being told around here, absolutely bravo!

  • @CLSGL
    @CLSGL 4 роки тому +5

    The education system teaches you that failure is never ok. If you can avoid failure, do so at all costs. This forces people to give up their dreams and pursue a more “reasonable” life with a lower/lower middle class wage.
    Failure forces us to be better. After failing so many times with different startups, I’m glad I finally found my path to success in software.

    • @brucewayne5916
      @brucewayne5916 4 роки тому

      Who says is failure is Okay are super dumb.
      He lost 200K$ , and probably his life savings and banks wants their money back. He is lucky here, getting offered jobs from MNC companies.
      Not all people are lucky. Eventually they loose their homes.
      Failure is okay, but not easy one. Failure may take an entire life 😔

    • @CLSGL
      @CLSGL 4 роки тому +2

      BRUCE WAYNE But it’s all about taking risk. Elon Musk started Tesla and SpaceX. They both almost went bankrupt, with SpaceX only having about $200,000 left. Now SpaceX is worth well over 20 billion dollars.
      Failure is good. I call it the great teacher.

    • @CLSGL
      @CLSGL 4 роки тому

      santa's brother Pretending like you can escape failure is true failure.

  • @teohyc
    @teohyc 5 років тому +61

    This video is missing the reasons why the business failed

    • @deannahenry8925
      @deannahenry8925 5 років тому

      Yeah

    • @dimi_sf
      @dimi_sf 4 роки тому +22

      They never were able to become profitable and kept burning through cash. Finally the investors called him and told him they aren’t gonna keep financing his experiments. The next day he closed the company.

    • @Hotpotato888
      @Hotpotato888 3 роки тому

      Yup 👍

    • @celinasjourney
      @celinasjourney 4 місяці тому +1

      They ran out of money.

    • @trext888
      @trext888 2 місяці тому

      I thought these VC funded startups usually will make the founders very rich(self pay hih), then the comapny closes also wont affect the founder badly but instead already earned quite a hefty sum??

  • @karlchandran4631
    @karlchandran4631 5 років тому +12

    Facing your failures and overcoming your fears is the only way to succeed.

  • @gastromacho2
    @gastromacho2 4 роки тому +1

    Brother. Many people fail and do not want to share the experience. You shared your experience and this has helped and inspired a lot of people to try again.

  • @damianwong7503
    @damianwong7503 5 років тому +6

    Huge respect for sharing your story here. Failure isn't something that we should be afraid of in Singapore. We need more Entrepreneurs that are courageous enough to challenge the status quo.

    •  4 роки тому

      This is not about studying your hardest for a test and just taking it, there’s real life consequences to entrepreneurial failures. A lot of people won’t recover from losing 200k, financially or mentally.

  • @joshuaemanuel4625
    @joshuaemanuel4625 5 років тому +3

    Awesome story. Thanks for being honest and helping alot of ppl realize that being an entrepreneur is tuff. Ups and downs. You rock

  • @jttan1028
    @jttan1028 4 роки тому +1

    I didn't think you fail. You came out of this with great experience and knowledge. You have an amazing tenacity towards challenges. Thank you for sharing!

  • @pragatdutt8779
    @pragatdutt8779 5 років тому +3

    The way he is still smiling.He is a headstrong.

  • @smileyn7377
    @smileyn7377 5 років тому +35

    Best wishes to Khoo Khar Kiat.

  • @septiadhiwirawan6783
    @septiadhiwirawan6783 5 років тому +2

    IM yadhi from Indonesia, Yogyakarta. IM running a startup like you. And IM proud to see this video proud to see your progress. We learn from you. Keep up the good work bro

  • @SamCarLegion
    @SamCarLegion 5 років тому +1

    It takes guts to share failure, I have great respect for him. We always hear and watch success stories. This made a difference. #keepmoving

    • @hidayat1999
      @hidayat1999 5 років тому

      It takes guts? He has a mindset of a 12 year old and all the entreprenuers in this comments are kids.
      To be an entrepreneur, dont have an ignorant mindset.

  • @duxasa
    @duxasa 5 років тому +7

    Failure is the best lesson we could ever learn in this world.

    • @greenleafyman1028
      @greenleafyman1028 5 років тому +1

      Either it is our failure or others' failure

    • @nirv2796
      @nirv2796 5 років тому

      Artificial Intelligence Failure of self has a different tone to it thought it imprints on you

  • @michaelmeacham4517
    @michaelmeacham4517 4 роки тому

    I admire this guy. We see so many videos of success stories. Most businesses fail yet we don’t see or talk about them. We can learn a lot from failure.

  • @namraparvez1730
    @namraparvez1730 5 років тому +3

    Sometimes it is good to share failure stories so that we learn from them. When it comes to entrepreneurship, we only hear success stories which creates an illusion that creating and maintaining your start up is not very hard, when, in fact, it often is.

  • @skyhope5105
    @skyhope5105 4 роки тому +2

    My day today felt tough. This is what I needed to remember to keep going.

  • @shekhartripathi4300
    @shekhartripathi4300 4 роки тому +1

    Thats a genuine content, in midst of start up hype

  • @entrepreneurcentral2883
    @entrepreneurcentral2883 5 років тому +26

    Thank you, good entrepreneur content

  • @stevegovea1
    @stevegovea1 3 роки тому

    He is an inspiration. I am using money from my military severance pay to start a company. And the thought of failure lingers but a mindset like his that will succeed no matter what that keeps me going.

  • @benoitpetry7864
    @benoitpetry7864 5 років тому

    bravo to Khoo Kar Kiat for sharing this failure. You need courage to share this publicly. Also, bravo to his new employer for seeing the potential into Khoo Kar Kiat, most people would not understand what he went through and how valuable is his experience.

  • @ajseb650
    @ajseb650 4 роки тому +1

    first time i'm watching a story of a failure startup,hats off bro,keep going

  • @jordanquinnfarkas8376
    @jordanquinnfarkas8376 5 років тому +1

    Good for you, brother. Every failure is just another opportunity to do it again with more knowledge and experience. Keep on keeping on!

    • @maythesciencebewithyou
      @maythesciencebewithyou 5 років тому

      Only if you are rich. If you've lost all your money and have no rich friends willing to invest in you, then it will be alot harder to try again. And if everybody tried to start a business, who'd work for you? You start a business so you won't be exploited by others, but you'll try to exploit others to make yourself rich.

  • @xaviersee
    @xaviersee 5 років тому +3

    Great video, CNA! Hope to see more of such videos from you guys.

  • @dikeovunda3192
    @dikeovunda3192 5 років тому +1

    It's really painful, I've been there. But I thank God I rose fast from the failure. The journey continues.

  • @MMortal
    @MMortal 5 років тому

    Finally a video about failure. All these other videos about making it, making kids soft and believing that everything is easy to achieve!

  • @shakthidhasan4544
    @shakthidhasan4544 4 роки тому

    I dont know why but the emotion i feel for this fellow is, im so proud of him. Somehow u know he is on the right track.

  • @hansonkewl2377
    @hansonkewl2377 4 роки тому

    Pick yourself back up, identify your true strength and find another passion, reconnect the dots and start another journey

  • @jaybijwe9371
    @jaybijwe9371 5 років тому

    He is the brave and courageous guy. I respect you from the bottom of my heart. I hope You'll succeed in future.

  • @ta-ya-music
    @ta-ya-music 5 років тому +15

    The best resume anyone could have for a JOB *my startup failed*

  • @runner25crdv
    @runner25crdv 3 роки тому

    Same here many failures and disappointments but still continuing to live, thrive and fight for another day.

  • @kundansharma8249
    @kundansharma8249 4 роки тому +1

    I know how it feels winding up a company for which you toiled day and night, put in your hard work and sweat for it. Though you failed but I find it motivating for me. Proud of you, man 👍

  • @kidkido47
    @kidkido47 5 років тому +1

    Thanks for sharing a tough journey just to tell the world our education system needs to be changed. Good one.

  • @aya-chan2371
    @aya-chan2371 4 роки тому

    This is honestly inspiring, but tbh what makes me afraid of failure so much was not the fact that I had to deal with disappointment (from myself or other people) it's the consequences caused on other things (debt, internet rage, etc) but then again, I guess those are still a lesson to learn

  • @algofreak8510
    @algofreak8510 5 років тому +2

    you followed your dream which is a lifetime achievement.Only 1% of people follow their dream.

  • @memifer9797
    @memifer9797 4 роки тому

    It is not a failure, it's an experience!!! You learnt a lot!!!

  • @ab6775
    @ab6775 5 років тому +2

    It is a must to watch startup failure stories coz it is what happens to 90% startups..we see only Uber ,other heavily funded ipo startups success stories

  • @ches_LL
    @ches_LL 5 років тому

    Mad respects to him, inspiring and telling us that failure is just part and parcel of life. It is how we rebound and be resilient, learning from experiences.

  • @lwaziii_za5232
    @lwaziii_za5232 2 роки тому

    Respect brudda you experienced and something epically unbelievable ,props to you

  • @rogerlo5275
    @rogerlo5275 5 років тому

    Thanks for sharing!!!!! life is long you are only 33 The best thing do will always be learn from your failure and combine all the lessons learnt to your next venture!!

  • @heynotcool741
    @heynotcool741 4 роки тому

    I can feel the same as him just by watching the video. The sacrificment, the feeling, and the regret. Same as his I also have a dream to become an entrepreneur but I would always imagine what would I do when the day I realize my company couldn’t run anymore.

  • @briangarethholden
    @briangarethholden 5 років тому +1

    Thanks for sharing, I too am an entrepreneur who's first attempt failed but I won't give up.

  • @abdurrahman363
    @abdurrahman363 5 років тому +3

    This video deserves more views.

  • @imranomar9847
    @imranomar9847 3 роки тому

    Usually I hear stores of success but to learn from failure was also good

  • @YouMockMe
    @YouMockMe 5 років тому

    Good for you man. You tried to make something happen. ....cheers, did better than most!

  • @pramodchaudhari7856
    @pramodchaudhari7856 4 роки тому

    Hey Mr. KHOO KAR KIAT i repeatedly watch this video and always get boosted with confidence, you Reallllllly hav guts man👍

  • @princewilliams1298
    @princewilliams1298 4 роки тому

    This was a true inspiration for me. I want to start a business in the Healthcare industry to help people access essential health services while doing it at age 15. I'm actually am using the summer to start the journey with my team. Being 15 myself, I know that my idea might not work, but it is definitely something to pursue. A truly inspiring video.

  • @stinger4712
    @stinger4712 5 років тому +1

    Me... 11 years ago. What a wild ride I had.
    I've mended. Older, wiser, doing it again with some younger people.

  • @faithlee8436
    @faithlee8436 4 роки тому

    Thanks for making a difference, bringing a Paradigm shift to Singapore’s highly fail averse landscape... 👍🏻👍🏻👍🏻 Kudos!

  • @colinteoh3230
    @colinteoh3230 4 роки тому

    Thank you for sharing this, it's really personal to think about it, thank you for re-affirming that a failure is not the end.

  • @meds1868
    @meds1868 4 роки тому

    Learning from other's mistakes is definitely awesome! It gives us an idea of how to face it. Kudos Man!

  • @MarkRyanNZ
    @MarkRyanNZ 5 років тому +1

    Just the right amount of inspiration we need right now.

  • @arunshenbagaraj3905
    @arunshenbagaraj3905 3 роки тому

    Nothing is a failure . You just gain experience. Never miss it out.

  • @yudianantha4549
    @yudianantha4549 4 роки тому

    Im more interested in failure story than a success one. It helps me to learn more to avoid the same mistake they made. While you can find success story everywhere, its quite rare to find a failure one.

  • @markhever2071
    @markhever2071 Рік тому

    This man is amazing. What a great guy

  • @mothupilekgau310
    @mothupilekgau310 5 років тому +6

    Watching this as my startup is also failing

    • @achimedia9322
      @achimedia9322 4 роки тому

      Your business works because you make it work

    • @rui__sm
      @rui__sm 3 роки тому

      @@achimedia9322 lol that's not how reality works

  • @jt780
    @jt780 4 роки тому

    Thank you very much for sharing! There's nothing to be ashamed about. In fact, I respect you for doing what you did. With your mentality, I know you will succeed one day so best of luck to you, man! Cheers!!! 🥂

  • @ni_lao
    @ni_lao 5 років тому

    There is no real difference between a good experience and a bad experience
    They are just experiences and equally representative about how things work in our universe

  • @aylwyngan6814
    @aylwyngan6814 5 років тому

    If Singapore is to innovate further and forge ahead into SG 100, we certainly need more of such Singaporeans in our society. Life isn’t all about success but rather how do we stand up again and do better. Truly this is what I call Busines Builders! The hiring manager at SATS is truly strategic to hire such talents

  • @foreigncreations1793
    @foreigncreations1793 4 роки тому

    Failure is just testing. Keep going, it’s ok to fail. Without failure there’s no growth.

  • @ntumbaeliensampi6305
    @ntumbaeliensampi6305 4 роки тому

    People have gotten used to the fake success behavior. But hey failure is Okay. it is not failing but learning. I Applaud your courage. Thank you for sharing

  • @phareaction
    @phareaction 5 років тому +8

    we gotta work on his running though. that knees...ouch

  • @Enviotonin85
    @Enviotonin85 5 років тому +1

    Good to heard. But i think soon Honest Bee might follow your footsteps since they have been reducing their operations. So its matter of time before they shut down.

  • @erushmiekarunaratne2887
    @erushmiekarunaratne2887 4 роки тому

    Thank you for sharing your story! All the best, you will surely reach great heights.. keep being brave

  • @WeheartPEACE_helene
    @WeheartPEACE_helene 4 роки тому +1

    We appreciate you for sharing your story. For that alone, you have my respect sir!!

  • @juliefinance1833
    @juliefinance1833 4 роки тому

    I am still scared to start it when I wanted to do it for a very long time.
    I envy that he had guts to do it !
    Good job!

  • @csjaybit
    @csjaybit 3 роки тому

    he is a really brave man I appriciate his bravery!

  • @kayyehsiew1353
    @kayyehsiew1353 3 роки тому

    thanks for being courageous to share your failure. It's easy to say that we learn from our mistakes and failures. It's realistic to feel painful. and embarrassing. Such pain will spur you on. Your experience is one thing that money can't buy. It is valuable. We need more people like you to try something new and grow in our innovative mindset. This is one way to fight against the common mindset of "copy" or "cut and paste" attitude. kudos to you! Only the smart HR and hiring managers will appreciate your value. And SATS was at least smart enough to tap on your talent.

  • @winsyong
    @winsyong 5 років тому

    I am not asking entrepreneurs to be negative but in order to be successful one needs to be able to see the issues, the problems, the risks associated with your venture. This so that you can put mitigating actions in place to counter or minimise the impact so you give yourself the best chance to succeed. However, most people just can’t get this in their heads.

  • @subijoyacharya3189
    @subijoyacharya3189 4 роки тому

    I have started my own startup. This painful to watch. God bless him and give him happiness.

  • @uminhtetoo
    @uminhtetoo 4 роки тому

    Thank you for sharing with your new experiences that you had ever had.

  • @SmoothCode
    @SmoothCode 4 роки тому

    Its ok bro - failure sucks for everyone. Don't be embarrassed to share your failures because the rest of us are too afraid to tell others what our failures are.

  • @bang.marcel0
    @bang.marcel0 4 роки тому

    wow this video came at a right time for me. Many blessings will come to your way sir!

  • @KerKaiZenWisdom
    @KerKaiZenWisdom 5 років тому

    Thanks for sharing your story. It is a very valuable lesson for entrepreneurs who are starting out or struggling to know that they are not alone.

  • @raymondhuynh25
    @raymondhuynh25 5 років тому

    In many ways, he was very close to succeeding. One of the issues of startups and angel investors is the ROI and the speed they want their money back. When you are not in control of your company, you are forced to make poor decisions, expanding too quickly, too fast. Secondly, he is right, not many people use Apps to order food, it is a habit that is culturally ingrained. But with the slow adoption of smart devices in homes, it is only a matter of time before his idea becomes viable again. Good job man!

  • @lancequek5203
    @lancequek5203 4 роки тому

    Thanks for sharing. U r really brave to take the plunge. It takes guts to share failure. It took me multiple pivots before I managed to sell my co. Definitely sharing this with my portfolio companies. Thanks again KK

  • @gdoe00
    @gdoe00 5 років тому +4

    Should have tried the Lean approach first, but live and learn.

    • @eddysetiawan2329
      @eddysetiawan2329 5 років тому +4

      This should be higher, startup shouldnt gamble on big ideas. They need to validate their problems and solution before scaling.

  • @phaniceshamalla1822
    @phaniceshamalla1822 5 років тому +1

    I am in the pit of failure clawing my way out of the hole and back to success. I would not mind entrepreneur friends we can chat and encourage each other. Mostly encourage me 😊

  • @vexpressivo
    @vexpressivo 4 роки тому

    This guy is a brave soul who swims against the current. For non Asian viewers, failure in Asia esp Chinese culture is less tolerated compared to the west where a failure is embraced as growth, risk taking, visionary, n a learning opportunity. So this guy really went against the grain n his cultural norms to pursue his vision.

  • @jasmera9889
    @jasmera9889 4 роки тому

    Great story. At least you have a 'failed try' rather than 'no attempt' in your resume

  • @vegeteriancannibal
    @vegeteriancannibal 5 років тому

    I failed my first startup that ended up with me in personal debts of massive proportions (well at least for me) - At the time, I didn't even want to have a +ve bank balance, if I could just get to Zero, I could then restart my life I thought but the desperation to pay off that debt to actually come to Zero led me into opportunities I had never ever looked at before and in 3 years, I'm debt free with a very successful business - nothing gets you more closer to success than failures.