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What Are Some Lessons Steve Has Got From Chowdy and the Travel Brief · The Failory Podcast

The Failory Podcast

Being Forced to Shut Down a +$1M/year Food Startup, with Steve Long of The Travel Brief

Steve Long is co-founder at The Travel Brief, a site that gives travelers the ability to share practical tips and guides with others, while documenting their adventures in a meaningful way. Steve plunged into the entrepreneurial world at twenty-four years old when he co-founded a food startup with a childhood friend, which brought in $1.3M in annual…

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Notes

  1. Why Did Steve Got Into the Startup Ecosystem at 3:25

    Steve shares that he always knew he wanted to start his own business. Full answer

  2. What Was Chowdy (steve's Failed Startup) at 6:23

    Chowdy was a food startup based in Toronto. Full answer

  3. What Were Chowdy's Numbers at 14:55

    At its peak, Chowdy was making +$1.3M in ARR and selling 3400-3500 meals per week. They had 1 chef, 5 cooks, and 1 driver to manage the whole operations. Full answer

  4. How Did Chowdy Get Featured in Dragon’s Den at 16:24

    Dragon’s Den is a Canadian TV show in which entrepreneurs pitch their business ideas to a panel of VCs. Full answer

  5. What's Your Opinion About the Food Market at 32:57

    Steve believes that there's still potential for a business like Chowdy, though he believes the food industry is really challenging, despite its low barriers. Full answer

  6. What's the Travel Brief (steve's Successful Startup) at 57:31

    Brandon and Steve talk about The Travel Brief, Steve's current business. Full answer

  7. What Are Some Lessons Steve Has Got From Chowdy and the Travel Brief at 1:09:35

    Steve gets the chance to interact with his young self form and tells him 3 things: 1) Not be so goal-oriented all the time. 2) Be calm. Full answer

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