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Not sure I agree with that. Most astute founders can tell you pretty accurately why they didn't achieve enough sales to offset costs, they're just unlikely to
by mdorazio 6y ago
Not sure I agree with that. Most astute founders can tell you pretty accurately why they didn't achieve enough sales to offset costs, they're just unlikely to do so for strangers because it usually means admitting at least some amount of self-fault. I know I can give a shortlist for my own failed businesses that's a lot more detailed than "not enough sales".
- andi999 6y agoYes, but is the list really true (in an objective sense). I mean why didnt you act on it, or why was it only know afterwards. (Of course the list might contain a lot of unchangable items, but this would mean the startup was impossible)
- fuzzfactor 6y agoOne of the real bad ones is _more sales wouldn't have helped anyway_.
- andi999 6y agoYes, I realized some answer might be: we were too slow another company took the cake. But it is difficult to say what other people can learn from it (be swift is probably what everybody knows)