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How to Really Learn from Failure

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  • Wesabe: Why we lost to Mint.com
  • Condom Keychains: How My Start-Up Failed

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    Wesabe: Why we lost to Mint.com

    Wesabe: Why we lost to Mint.com

    Article: Why Wesabe Lost to Mint

    Selected learnings:

    1. There’s a lot to be said for not rushing to market, and learning from the mistakes the first entrants make.
    2. I was focused on trying to make the usability of editing data as easy and functional as it could be; Mint was focused on making it so you never had to do that at all. Their approach completely kicked our approach’s ass.
    Posted on October 12, 2015Leave a comment on Wesabe: Why we lost to Mint.com
    Condom Keychains: How My Start-Up Failed

    Condom Keychains: How My Start-Up Failed

    Archived Article (pdf): How-My-Start-Up-Failed-Storylog

    Selected learnings:

    1. It’s tough to get rich quick with a single item.
    2. A markup of 150 percent doesn’t mean much when you’re only making 75 cents per item.
    Posted on October 12, 2015October 12, 2015Leave a comment on Condom Keychains: How My Start-Up Failed
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