41–50 of 57 posts
I don't have the experience you have so I don't know what I can add but I am a laborer. You are blaming your team here but a lot of what you are discussing are strategic errors. How is your team responsible? Their code was just very buggy and you trusted it to work?
> 1. Do not trust people blindly, especially your team. This was the number mistake my cofounder Oscar, and I made. We trusted our team blindly. Care to elaborate?
> We trusted our team blindly. What did you trust them to do? I feel like I hear this sentiment fairly often in the context of startup mistakes, and I wonder if people simply have unrealistic expectations. Developers write software, and they usually aren’t magicians. They can’t always turn poor instructions or bad ideas into world class software. I’ve worked on teams where the software we were building simply wasn’t…
I am based out of India, and its hard to find good quality developers here that was another big learning lesson for me.
I like #7 very much. One should talk a lot about your concept before building it. Don’t worry about anyone stealing your idea.
Everything here could be wrong or right depending on your individual situation. No two companies are the same. Take advice (or insight) with a grain of salt.
Not to dismiss your points, but if you are going to title the post “I lost 200k” it’d be nice to at least explain where the money went. Was it routine operating expenses that ultimately went to fund a failed product, or something more nefarious (#1 hints at that).
Almost all the funds went into operations.
I'm interested in "build an audience before building a product" - classically you would determine a target market/niche, build an MVP, and then attempt to market it, refine it with early customers. What kind of audience and conversations can you have without _any_ product? I've seen more than one startup fail by investing into marketing without having anything to market ready. But I'm curious in other experiences.
So I built a community around these people and start providing them with value contents, started doing some webinars, partners and collaboration.
Built an initial set of audience, and then launched PitchGround.
I will always ask questions in the community, which I would use as a way to validate my idea, get feedback and more.
This helped me connect with my audience better. When I launched PitchGround, I already had initial audience to begin with.
I continue doing the same till date.
Build Contents to Build Distribution > Invite users to our community> Create Brand Awareness.
That's the general flow I follow.
> Today, I am sharing the learning lessons so that you do not make the mistakes I made. > 1. Do not trust people blindly, especially your team. > This was the number mistake my cofounder Oscar, and I made. We trusted our team blindly. Your number-one mistake was trusting your team? That sounds like it could be finger-pointing downwards by a leader, so you might want to expound, or reconsider. For example, even if the…
There's not enough detail on what happened, the product, market, etc. to get anything out of this. I fell for the clickbait title but was just confused
This is the first time I am submitting something like this on Hackers News, so wasn't sure if I am allowed to post about the company details. But I can share more details if I am allowed.
Not trying to be negative in any way, I was just a bit confused as to the intent and purpose.
In my opinion, in ANY relationship if someone demands full control of all communication, then they are trying to hide something.