It’s impossible to plan for everything that can go wrong while building a startup.
A definitive guide would have to include chapters like, “So you’ve hired the wrong person,” or, “Five ways to tell if an investor is lying to you.”
Mentors and advisors come in handy, but startups move at breakneck speed. Investors say they want to add value, but for founders under pressure, it’s hard to know exactly when to ask for help.
Before Tracy Young was co-founder and CEO of TigerEye, she held the same roles at construction productivity software startup PlanGrid.
Even though she led the company to $100 million in ARR before its acquisition by Autodesk, she has had “years to dissect the mistakes I made with my first startup,” she writes in TC+.
Young looks back at “five key failure points” that are common potholes on every founder’s path, and shares tactical advice for addressing internal conflict, losing product-market fit, and other stumbles.
“If these reflections help even one founder make one less mistake, I would consider this effort worthwhile.”
On Thursday, January 19 at 10 a.m. PT/1 p.m. ET, Tracy Young will join me in a Twitter Space to talk about how she dealt with these and other common founder challenges. Bring your questions and join the chat!
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Walter Thompson
Editorial Manager, TechCrunch+
@yourprotagonist
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