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I want to level with you guys on this video. Most of the time, you guys see me on this channel- I'm telling you someone else's y- or something we did right so that you can learn from it. But not today.
Most of the motivational content for entrepreneurs focuses on 'not giving up.' "The entrepreneurs that make it are the ones that don't give up on their dreams." And I think that's a very dangerous statement.
I don't have a lot of answers or insights on this one; I'm telling you something we are going through right now- which means I probably have more questions than answers.
Anyway- today's video is about learning to give up. How we've had to give up a couple of times with Slidebean- and how maybe, hopefully, that will carve out a path for us to succeed.
A ‘not giving up mindset is dangerous because most startups fail. Most startups should fail, as a matter of fact. Failure teaches us about problems with our product or our thesis about the market. Many ideas, most ideas are not meant to be unicorns- that's just how it is. Failing my first company taught me hard lessons that, in time, have saved Slidebean.
It's primarily dangerous because we have to learn to give up, realize that we're wrong, and choose whether to pivot or persevere.
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0:00 Persevere or Pivot - Intro
0:54 Persevere or Pivot - Easy Pivots
4:14 Persevere or Pivot - Hard Pivots
6:33 Persevere or Pivot - Trial and Error
8:29 Persevere or Pivot - Three New Axes
12:33 Persevere or Pivot - Dealing with Failure
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