My first startup failed because of doubt I had in the product and because of poor coordination with my co-founder.
My finance co-founder and I wanted to make an IoT device for kitchens. I made a prototype with 3D printed parts and an Arduino. My co-founder was going to market and seek investors. While working on the prototype I found out that there were tremendous numbers of edge cases that would make a marketable product far too complex and my co-founder didn't do the things he said he was going to do. So I stopped working on it and me and my co-founder mutually decided to end the project after completing the first prototype.
Two lessons I learned was to make sure to find a co-founder you know can deliver on their promises and to work on something you're really passionate about, not just something you think will make you money.
My finance co-founder and I wanted to make an IoT device for kitchens. I made a prototype with 3D printed parts and an Arduino. My co-founder was going to market and seek investors. While working on the prototype I found out that there were tremendous numbers of edge cases that would make a marketable product far too complex and my co-founder didn't do the things he said he was going to do. So I stopped working on it and me and my co-founder mutually decided to end the project after completing the first prototype.
Two lessons I learned was to make sure to find a co-founder you know can deliver on their promises and to work on something you're really passionate about, not just something you think will make you money.