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How to plan for failure as a startup?
The sad reality is that many startups will fail and evidence shows that you are 6 times more likely to fail than you are to succeed. Given these numbers, it shows the importance of having a plan, just in case things don't work out. It's also said that you can fail many times, you only need to succeed once. This is why it is so important to plan for failure. In this session Stu Garrow shared many of the first had tips that every founder should know, from someone that has seen the best and the worst of different outcomes.
Editor's Notes
- #5 You are more likely to be in a burning startup than a burning building