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When do you know that you've failed with your startup? (alien.top)

submitted 2 years ago by hevelec@alien.top to c/entrepreneur@indiehackers.space

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I see a lot of people on here (especially indiehackers) talk about how many startups they had that failed.

I see a lot of people on here (especially indie hackers) talk about how many startups they had that failed.
d because they were poorly marketed, or they didn't market at all.

So, that brings me to the question - what is the TRUE indicator that your startup has "failed"?

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[–] BusinessStrategist@alien.top 1 points 2 years ago

Entrepreneurship:

Translate your "Vision" into business model (see "Business Model Canvas".
Build the model. Launch the business.
Set your criteria for a "viable and sustainable business" within YOUR timeframe.
Create YOUR planB.
Bridge the gaps and overcome the difficulties within YOUR set timeframe.
You've reached the most important milestone of your startup. You are now a viable and sustainable business. And hopefully a scalable one. If not PIVOT to planB, sell it, or move on to your NEXT startup.

Entrepreneurship is a journey. Not a destination.

If you worry about the journey then maybe the journey is not for you.