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What Is the First Step to Dealing With a Failed Startup

Write a postmortem.

Get everything out of your head. Stream all the bullets that come to mind. Your mistakes, your feelings, all that will come out.

Startups are supposed to fail, and it happens all the time. You might cry, but you have to write down a postmortem, and get closure, fast.

Transcript

What to Do After Your Startup Failed? ·

The Startup Chat with Steli and Hiten

More from this episode

  1. Who and Why Should You Ask for Advice After Your Startup FailsAsk people who were involved in your business on sidelines about their vantage point. What do they think went wrong?
  2. What Does Steli Efti Say Not to Do the Day a Startup Fails?On The Startup Chat, Steli Efti tells founders that the day a startup fails is usually the wrong day for a huge life decision.

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