#48: Lessons From Growing Businesses That Failed

Founder to Founder with PhilHSC

Apr 6 2018 • 7 mins

Last week I was asked about the lessons learned from growing businesses that failed. At the time it felt like a loaded question but after probing, the person asking the question was curious about why you would do it again. I’ll get to that in a separate post.
When I closed my first business I wrote a letter to those who followed the journey with 11 reflections.
Each one is born from an experience that came about through painful lesson or surprising revelation. And in a startup, it’s sometimes difficult to tell one from the other!
In any case, these reflections-turned-mantras are how I answered the question and have held true regardless of the business model and industry I’ve been involved in.
Keep listening or read the full post here.
*******
Thanks for listening. If you'd like to know when new episodes are released or when Phil publishes his weekly blog post, sign up for the insider's email list here.