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Starting a Business - How to Deal with Setbacks
Manage episode 420968652 series 3178749
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In this episode, Chad reflects on the setbacks experienced by the founders he interviewed. He discusses the challenges faced by each founder, such as running out of money, dealing with depression, launching a business during COVID, and facing skepticism from others. Chad emphasizes the importance of resilience and not giving in to the highs and lows of entrepreneurship. He encourages entrepreneurs to find joy in problem-solving and to focus on the aspects of their journey that they enjoy.
Takeaways
- Entrepreneurship is a marathon, not a sprint, and setbacks are a natural part of the journey.
- Running out of money and facing depression are common challenges for founders.
- Launching a business during difficult times, like COVID, can present additional obstacles.
- Skepticism and lack of support from others is something many entrepreneurs face.
- Resilience and the ability to bounce back from setbacks is crucial for success.
- Finding joy in problem-solving and focusing on the aspects of the journey that you enjoy can help sustain motivation.
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