Upgrade to Pro
— share decks privately, control downloads, hide ads and more …
Speaker Deck
Features
Speaker Deck
PRO
Sign in
Sign up for free
Search
Search
When to throw in the towel?
Search
Ricardo J. Méndez
October 12, 2019
Business
0
21
When to throw in the towel?
A presentation on when it might be time to give up on your startup.
Ricardo J. Méndez
October 12, 2019
Tweet
Share
More Decks by Ricardo J. Méndez
See All by Ricardo J. Méndez
Supporting the Randos
ricardojmendez
0
380
Identity, Privacy, and the Edge
ricardojmendez
0
420
The Truth of the Thing
ricardojmendez
0
390
The Arrival of a Train
ricardojmendez
0
420
Ledgers: When would you even...?
ricardojmendez
0
450
Remember the rubber hose
ricardojmendez
0
410
Stories we tell ourselves
ricardojmendez
1
410
It's about the curry
ricardojmendez
0
440
Reading Clojure
ricardojmendez
0
370
Other Decks in Business
See All in Business
アソビュー株式会社 / Company Deck
asoviewinc
0
23k
Company Introduction Slides
recruiting
0
1k
mfs_product_development_recruit_october_2024
mortgagefss
0
390
enechain company deck
enechain
PRO
7
88k
家族アルバム みてね 事業紹介 / Our Business
familyalbum
4
22k
メドピアグループ紹介資料
medpeer_recruit
10
110k
採用ピッチブック
macloud
3
59k
la belle vie Inc. Company Introduction for Engineers
recruiting
0
720
Cobe Associe: Who we are? /コンサル・市場調査・人材紹介のCobe Associe
nozomi
6
18k
ブレインパッドXaaSユニット紹介資料(キャリア採用向けweb公開版 )
brainpadpr
0
14k
Clarity for Product People
arnekittler
0
270
新卒エンジニア向け dely会社説明資料 / New Grad Engineers
delyinc
0
560
Featured
See All Featured
Teambox: Starting and Learning
jrom
132
8.7k
Optimizing for Happiness
mojombo
376
69k
Writing Fast Ruby
sferik
626
60k
Designing Experiences People Love
moore
138
23k
RailsConf & Balkan Ruby 2019: The Past, Present, and Future of Rails at GitHub
eileencodes
131
33k
Documentation Writing (for coders)
carmenintech
65
4.4k
How to Think Like a Performance Engineer
csswizardry
18
1k
Adopting Sorbet at Scale
ufuk
73
9k
Building Flexible Design Systems
yeseniaperezcruz
327
38k
Dealing with People You Can't Stand - Big Design 2015
cassininazir
364
22k
Distributed Sagas: A Protocol for Coordinating Microservices
caitiem20
327
21k
4 Signs Your Business is Dying
shpigford
180
21k
Transcript
When to throw in the towel? Ricardo J. Méndez
[email protected]
@argesric October 12, 2019
• Technical Director @ Samsung NEXT • Venture investments on
software innovation, early stage • Recovering entrepreneur • Software engineer • Privacy and open source advocate Who am I?
Speaking, not a speech. What are we talking about?
When to throw in the towel? What are we talking
about?
Failure states and how to spot them. What are we
talking about?
Failure is defined by what you want to achieve. What
are we talking about?
Know what you want to achieve. Keep going
for as long as it is achievable. What are we talking about?
When to throw in the towel? Failure states
If it’s not running out of money, it’s not a
startup. Failure states
“A startup is an organization formed to search for a
repeatable and scalable business model.” Failure states — Steve Blank
• When the market invalidates your premises. • When you
missed your window. • When the timing is wrong. • When you are the wrong person for the job. • When you end up running the wrong kind of business. • When you have commitment issues. • When you are a zombie. When to stop searching?
Not on this list: investors passing. Failure states
When your premises are invalidated. Failure states
When you missed your window. Failure states
When the timing is wrong. Failure states
When you are the wrong person for the job. Failure
states
When you end up running the wrong kind of business.
Failure states
When you have commitment issues. Failure states
When you are a zombie. Failure states
When to throw in the towel? Anything I missed? Ricardo
J. Méndez
[email protected]
@argesric