As a founder, you might reach a moment when you realize your startup is going to fail, and it's crucial to face that truth instead of living in denial.

You should be willing to pivot and adapt your business model based on market feedback and changing conditions.

You should be willing to pivot and adapt your business model based on market feedback and changing conditions.

It's challenging for founders to return to reality after being immersed in a dream of success, especially when the market changes unexpectedly. Founders must confront hard truths about their startup's reality instead of living in denial about their potential success.

Overcoming the fear of failure allows you to commit to the truth about your startup's situation and make necessary changes.

Taking a significant hit to your growth rate can be necessary to achieve a sustainable business model, similar to how personal bankruptcy allows individuals to clear debts and start fresh.

It's crucial for founders to recognize when they are in a precarious financial situation and to act quickly to assess their runway and make necessary adjustments.

As a startup founder, I constantly faced setbacks, and it's crucial to understand that these challenges will keep happening over and over again.

As startups grow, their needs change, and products that worked for them initially may no longer be suitable, requiring a complete redesign or new product.