Hi all I was running my Bootstrap product based startup for the last 5 years in mobile application space, first three year were very positive and generated good revenue, build a very good reputation of company won multiple awards National and international level but the last 2 years, I invested on a project which was not much successful. Due to the lack of the fund I had to discontinue my startup, already dismantled the team. I feel I am very good in software development, research, ideas, management, product management, team development but weak at business side. Looking forward for advice, what would be the Good career path for me and any opportunities are always welcome. Is there anyone who has faced a similar situation.
With your experience and skills have you considers applying for a job at someone else's company? It might not seem attractive after running your own but you could treat it as an opportunity to learn more about the business side while providing your tech skills.
Thank you for adding a valuable addition. I would love to apply for the job in big companies like a Microsoft Google LinkedIn etc If you came across any opportunity you are requested to please let me know, I would love to share my resume if you could refer for me in your company.
Dude, don't go work for a giant. As an entrepreneur and a go-getter, you're going to hate it. Also, there'll be zero upside for you from an equity perspectives. I know that if you feel like you need a break and recover financially (just guessing) it may seem like a good idea. But I'm certain you're not going to thrive. As a founder you have a unique urge and toolset, and none of those belong in a Microsoft or LinkedIn. Find a startup in a space you're passionate about, and that is starting to get some traction and an A round. Get in there and kick some ass. Cheers
Kudos to you for starting something on your own, takes guts to build something from scratch. 4/5 businesses close in their first ~2 years. Learn what you can from the experience a,d push forward. You will be in an even stronger position if you try for it again.
It would seem to me that a known failure is worth more than secret one. I say this because if you can point to a tech article about your company and what it tried or failed to bring to market then that is definitive proof that you did what you say. I hear so often people say they ran their own business or had a startup, but how do you prove it? Anyone can say that. So if you are known enough that you worry about being shown in public, then thats a good thing. Companies respect doers, even those who have tried and failed, but you need to show that you are proud of your trying and not ashamed of your failure.
Get back on your horse. Learn your lesson. Apply it to your next effort.
Just figure out what is it that you're in love with by that I mean what do you think you would wanna improve next as being an entrepreneur at heart, we often tend to dive into things that are shitty and senseless or we know we have what it takes to improve it. So the first thing you need to figure out out is that if I ask you that if you're given another chance of starting again would you wanna do that ? 1.If it's a yes then do things that way. That means you may join startups or bigger companies at a position like lead software developer and network with others to gain the insights and know people. Just keep your eyes open for both, knowledge and people. Maybe you'll find your business partner, if not you'll surely have a better start the next time. 2.but if you really don't wanna go for it again and really just want to live your life out of this hole then you need to figure out which field would most fascinate you right now and target that cause you've had a loss its time to make yourself happy, atleast in terms of what you do. P. S. : no matter what real entrepreneurs can't be stopped no matter what. Just take the first step. All the best, buddy. 😇
Wonder if your company can be resurrected... Or are you tired and in need of stability? You may want to join a funded startup in a space you understand... It might not be easy to join a larger company with a more limited role.
Based on my experience I would say start another business unless ur broke, by now you might have learnt the lesson. Cash flow is the only thing which can make or break you as successful person. Take care of that and you will never look back.
All entrepreneurs fail at some point or at something. Pick your head up and keep hustling. Don't stop moving.
You may as well tell us more about your startup... Maybe using a different account. But anyway, think about what you learned and what you can still leverage.
2024 Tax
Yesterday
3655
Biden’s new tax proposal is wild
India
Yesterday
1571
Please vote sensibly 🙏
Tech Industry
Yesterday
1925
So hard being a women in tech industry
Tech Industry
Yesterday
686
Chances of meta clearing E5 with screwing up one coding one round and acing all other
Tech Industry
2d
54194
Goog Employees Arrested
You are not alone ... most need to find their Eric Schmidt or their Sheryl Sandberg to get to the next level of being a sustainable business... you need operators with corporate experience to build a corporation in some cases if that is not your strength. You are much further ahead because you have had the courage to even start... hold your head high and look for the next opportunity
Thank you for writing back and sharing your support this is really very valuable for me. If you come across any opportunity, who are looking for entrepreneurs, you are requested to please let me know.
Fucking fabulous advice.