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I second the first two comments (i.e. take some time off to think, and be sure to take into account that money is NOT as valuable as time). I founded a startup
by rlonn 8y ago
I second the first two comments (i.e. take some time off to think, and be sure to take into account that money is NOT as valuable as time). I founded a startup just before the dotcom crash, failed to find seed money during&after the crash, but kept at it because I felt obligated to produce a return on the FFF money I had already taken. The company pivoted twice, going from product to consulting (in a different area) and then back to product again. Now it's becoming somewhat successful, but it has taken over 15 years!! If I could go back in time I would have shut down the company in 2002 and spent the time after that building new things. I think it would have made me both happier and more wealthy.
- justherefortart 8y agoI'm with you 100%. I've had 7 failed startups (well, not failed but didn't make me enough to buy a jet). It's easy to know when to get out when you're making nothing. It's easy to stay with it when you're growing. The hardest part is when your stagnant. If you no longer believe in the product/service GET THE FUCK OUT. OP doesn't believe so he needs to shut it down or turn it over to someone else IMO. I'm on startup #8 right now and it's slow going but turning a nice profit. I only bootstrap shit now (well since startup #4) so I'm not worrying about money or investors.