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Top Mistakes and Learnings from My Startup: Postmortem Samsamia

miguelgfierro.com

11–20 of 74 posts

Re: Top Mistakes and Learnings from My Startup: Postmortem Samsamia

#11
Anyone visiting this discussion who may have suggestions about co-founder relationships etc., I would encourage you to visit Ben's site [0] to share your stories to others may learn.

I think co-founder relationships are one of the least explored aspects of a startup, despite its importance.

Disclaimer: Not affiliated with this site apart from the fact that I voluntarily submitted some content about my own co-founder experiences after being asked.

[0] - https://healthybusinesspartnerships.com

Re: Top Mistakes and Learnings from My Startup: Postmortem Samsamia

#12

The author opens by nobly asserting "I take all responsibility for the failure" yet then, everything that follows is how his co-founder screwed him who he is now suing. Feels kind of inauthentic overall.

I put some of that down to him not writing in his native language - perhaps it is more difficult for him to translate feelings or concepts to English. But I do agree that it would have been better to hear about some of his own failings or bad decisions. Hard to imagine his co-founder would try to eject him from the company without at least some perception of an issue with his character, skills or decisions.

Yeah; to be honest I couldn't make it to the end of this "postmortem" because of how badly it seems to want to assign blame. I have taken part in numerous postmortems for multi-million dollar outages, and find they're valuable only when starting from the premise that we're all smart people trying to do our best, so any mistakes made by people are indicative of too much being asked of the people (lack of training/system complexity too high/lack of training/lack of automation).

Besides the fact this leads to AIs that are actionable and positive for engineers to tackle, hiring is really hard. If you're just going to blame your partners or coworkers and aren't providing any insight on how to choose partners or employees better, I'm really not interested.

Re: Top Mistakes and Learnings from My Startup: Postmortem Samsamia

#14
post #7

If you are trying to start a startup with a friend, think about this, do you really know this person? are you confident that under high levels of pressure this person is going to help you or is he going to break apart? I started a startup with my best friend whom I knew for several years. The startup succeeded (kind of, we got acqui-hired by BigTech) but the friendship turned into a deep alienation in the process. St…

> Startup pressure can bring out the true character of a person

Not necessarily. It can bring out the worse.

Let's say you are stressing a machine beyond its limit. The risks are specified in the manual but you still do it. The resulting mechanical damage can't be blamed on the manufacturer.

Re: Top Mistakes and Learnings from My Startup: Postmortem Samsamia

#15

Sometimes I wonder about what’s more profitable in B2B space - product or consulting/contracting. Doing the latter I manage to pull in more in 3 months what this guy generated it sounds like in 3 years. That gives me a pause everytime I want to sink 3 months of my time into some startup idea.

As someone that has done both, you might be right. Consulting is way more profitable, but the thing is that you basically are working for someone else, and you can scale it as far as you can fit it on your calendar or hiring.

But with a product you can sell 1,000% of what you had yesterday, the schedules might be a little tight since B2B expects at least a few sales meetings.

So it has its pros and cons. And from my experience (and other's, both friends and clients who want to create something), it's unlikely to have something sellable in 3 months.

Re: Top Mistakes and Learnings from My Startup: Postmortem Samsamia

#16
post #5

Reading the abstract reminded me that so many people don't understand effective communication. The academic essay style is a travesty of global proportions. Effective communication would start with the conclusion section, then the body, and leave the intro out. Make your statement quickly, and then expand upon it for whoever wants to keep reading. Saying, "in this essay I will tell you what I learned" is not going to…

That is the academic style! The academic style is effective communication, the problem is there's a lot of bad essays.

Re: Top Mistakes and Learnings from My Startup: Postmortem Samsamia

#17
post #5

Reading the abstract reminded me that so many people don't understand effective communication. The academic essay style is a travesty of global proportions. Effective communication would start with the conclusion section, then the body, and leave the intro out. Make your statement quickly, and then expand upon it for whoever wants to keep reading. Saying, "in this essay I will tell you what I learned" is not going to…

That is the academic style! The academic style is effective communication, the problem is there's a lot of bad essays.

The standard academic essay style in the United States is:

1) An intro starting what you want to discuss or accomplish

2) The body, or details

3) The conclusion, or summary

Effective communication starts with a brief explanation of your conclusions or points, then it goes into details.

Re: Top Mistakes and Learnings from My Startup: Postmortem Samsamia

#18

The author opens by nobly asserting "I take all responsibility for the failure" yet then, everything that follows is how his co-founder screwed him who he is now suing. Feels kind of inauthentic overall.

How is that incompatible? If you partner with a crook, can't you take a responsibility for making that mistake (of not seeing the signs) but still call the other person out for being a crook?

Taking responsibility is different from saying other did no wrong.

Re: Top Mistakes and Learnings from My Startup: Postmortem Samsamia

#19
Most startups fail cos the founders broke up or cant keep going on anymore, we keep pointing to lack of demand or lack of money as why a startup failed but to be honest most startups start from a situation where there is either a lack of money or a lack of demand so technically speaking most startups start from a failed situation.

Theres no pass fail on a piece of paper as we're used to in school for startups, its more where you've given up and dont want to continue.

Re: Top Mistakes and Learnings from My Startup: Postmortem Samsamia

#20

Earlier quoted context omitted.

That is the academic style! The academic style is effective communication, the problem is there's a lot of bad essays.

The standard academic essay style in the United States is: 1) An intro starting what you want to discuss or accomplish 2) The body, or details 3) The conclusion, or summary Effective communication starts with a brief explanation of your conclusions or points, then it goes into details.

You forgot:

0) an abstract.

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