Startups Don’t Die. Founders Quit.
What I got right, what I got wrong, and what still matters after more than two decades of building startups
Startups are messy. Shiny from the outside, brutal on the inside. After nearly two decades building, launching, failing, exiting, and starting again, I’ve learned a few things, mostly the hard way.
This is a list of lessons I keep coming back to—things I wish I’d understood better when I was starting. If you’re in the trenches, this is for you.
1. Question everything
Just because someone is important, successful, or has a shiny title doesn’t mean they’re right. I’ve been in boardrooms where smart, powerful people said things that made no sense—but everyone still nodded. That’s dangerous and stupid.
Don’t get hypnotized by authority. Don’t trust blindly. Verify. Test. Push back. The best founders I know don’t follow; they challenge.
There’s a difference between respect and obedience. Trust your gut, back it up with data, and don’t be afraid to ask uncomfortable questions.
2. Success doesn't make you a polymath
Winning doesn’t automatically make you wise. Just because someone nailed their first company doesn’t mean they know how to build their second one or yours. Success in one context doesn’t transfer automatically to another.
I’ve made the mistake of thinking success gave me some sort of universal insight. That I had unlocked “the way.” But success has a short memory. The market doesn’t care what you did before—it only cares what you can do now.
What matters more than your resume is your ability to adapt, stay curious, and stay open to being wrong.
3. Important people rarely get told the truth
This one hits hard. The more successful someone becomes, the fewer people are willing to challenge them. It’s human nature. No one wants to rock the boat, risk access, or burn a bridge. So they nod, flatter, and stay silent.
This creates an echo chamber, where even the sharpest minds start believing their own hype. I’ve seen it happen more times than I can count. I’ve probably slipped into it myself.
So what do you do? Surround yourself with truth-tellers. People who’ll call you out. People who aren’t afraid to say, “That’s a bad idea.” It’s uncomfortable, but it keeps you honest. In the end, they’re doing you a favor because they keep you sharp.
4. Vision moves mountains
I’ve watched teams with no money, no pedigree, and no outside validation go further than anyone expected, because they had a clear, powerful vision and refused to let it go.
Vision gives you direction when everything else feels chaotic. It keeps you grounded when plans change, markets shift, and things break. It’s not just about dreaming big. It’s about seeing something so clearly that you’re willing to fight for it when no one else sees it yet.
Money helps. But vision is the compass. It guides your decisions, attracts the right people, and pulls you through the toughest days.
5. Revenue is your loudest pitch deck
Don’t pitch investors — just get customers, make money, and they’ll come looking for you. I've heard this so many times. And honestly, everyone who's saying it is right.
Clients validate your product.
Revenue validates your business.
Traction gets attention.
A paying customer says more than a hundred slides ever could.
But here’s the catch: in a world where 10,000 startups launch every day, even great traction gets lost in the noise. Even when your metrics are strong, you're still competing with a flood of founders all trying to stand out.
Most of us have to hustle and knock. Sure, some unicorns get discovered, but for the rest of us, it's about targeting the right investors, tailoring the message, showing you understand their investment thesis, and reviewing their portfolio. Do your homework.
So yes, build first and focus on your customers, and don’t wait for some magical DM to show up out of nowhere. Sometimes, the right knock opens the right door, even if your product is already shouting.
6. Most startups don't fail; they get abandoned
Something rarely forces you to shut down. There’s no big dramatic moment, no flashing red light telling you it’s time to stop. What’s more common? You convince yourself it’s over.
You lose energy. You lose conviction. You start second-guessing everything. You tell yourself the market isn’t ready, the team’s not right, the timing is off. And maybe some of that is true, but usually, it’s just a story. A way to rationalize the exhaustion.
But here’s the real truth: the odds probably haven’t changed that much since day 1. The vision hasn’t suddenly become impossible. What’s changed is you. You’re tired. Burned out. Frustrated. Disappointed. Distracted by the noise, the metrics, the pressure.
That’s not failure. That’s fatigue. And fatigue lies.
It tells you the work isn’t worth it anymore. It tells you no one cares. It tells you you're done—when really, you just need to catch your breath.
So do that. Step back. Rest. Reflect. Talk to other founders who’ve been through it and came out the other side. Remind yourself why you started. Then ask: Is it really over? Or am I just done for now?
7. Your reputation isn't what people say to your face
Your reputation isn’t what people say to your face. It’s what they say when you’re not in the room. And guess what? You don’t get to control that. You shouldn’t even try.
Let people talk. Let them doubt. Let them whisper. You do the work.
Eventually, results drown out noise. Consistency silences critics. Your job isn’t to be liked, it’s to build something real. That speaks louder than words ever could.
Final thought
Startups are a mind game. The external stuff—funding, competition, press, metrics—it all matters. But the real battlefield is internal.
Your fear. Your ego. Your self-doubt. Your ability to stay in the game when it feels like everything’s falling apart.
Learn to manage that and you’re dangerous.
Happy Easter!
Airbnb is great example. Their vision wasn’t “renting out rooms.” It was belonging, connecting with people (hosts), sleeping on their couch, having breakfast with them. That’s is a very strong and incredibly scalable. Eventually they evolved from “couch-surfing” to experiences, premium stays, even luxury.
The idea is never enough, it's just a starting point that will change as you start working on it. Your work is what builds a strong company. Don't fall into the idea trap. Read my other post "The recipe isn't the restaurant."
Very interesting!! I am curious about what makes a good vision. Can you give example of a vision or more that led starting teams with almost nothing to a strong company?