In today's Startup Therapy Podcast, Wil and Ryan discuss when to quit or let go of your startup. If your startup has struggled for an extended period without meaningful progress, causing financial strain, and lacks market validation, it might be time to consider quitting. Additionally, if the startup is taking a toll on your physical and emotional well-being, negatively impacting relationships, or if you've lost passion for the project, quitting could be a wise decision. Remember, quitting isn't always a failure; sometimes, it's a strategic move toward a brighter entrepreneurial future.
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Resources:
What to Listen For
- 00:00 Intro
- 00:09 Do you want to quit?
- 03:41 Would you stay in your startup if it were a job?
- 06:48 When quitting is the smart choice
- 09:08 What is quitting?
- 14:01 Deciding when to quit a startup
- 19:29 Staying for fear of failure
- 26:29 When to let go
What is Startup Therapy?
The "No BS" version of how startups are really built, taught by actual startup Founders who have lived through all of it. Hosts Wil Schroter and Ryan Rutan talk candidly about the intense struggles Founders face both personally and professionally as they try to turn their idea into something that will change the world.