Save your startup 🚀
Michael Lovegrove
I help founders grow revenue and build high performing sales teams 🚀 | Sweet spot: $1m → $10m ARR | Founder @ Snowballn' | Adviser to global Startups | Join the FREE 30 day sales accelerator below 👇
JRNY was in multiple markets. Our team was growing. Our brand was recognised across Australasian fintech, startup and venture capital circles. We were winning awards all around the globe and I was jet setting around the southern hemisphere presenting at most major insurtech and fintech conferences.
This is what you probably saw.
What you didn’t see was the constant cold night sweats. You didn’t hear about the multiple occasions where I went unpaid, you didn’t see the financial stress, you didn’t hear the worry about making pay day. You didn’t experience the times I couldn’t give the most important people in my life the attention they deserved, not because I didn’t want to, but because I had burned the candle at both ends and my mind was incapable of engaging.
The truth is that throughout the five year journey there were countless times where I had no idea what to do and was too proud to ask for help.
Unfortunately, this mindset is all too common among founders, and it’s inhibiting our collective ability to build great, impactful companies.
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So, In this blog series I want to buck this trend and share the lessons I learned over the five years of building JRNY. I want to address the very compounding decisions that I got wrong which contributed to hibernating the company that I had dedicated my life to. I then want to pass on the decisions that I believe you have to get as right as possible to increase your chances of success - to save your startup.
By learning from these lessons, which I refer to as laws, I hope that you will be able to avoid key mistakes that I and many other founders have made, and ultimately build a business that makes the world a better place to live in.
If you want to hear the stories and learn from these lessons, subscribe to this newsletter.
Law 1 - dropping next week!
Let’s get into it 👉
Stay strong, laugh loud fella!
Founder & CEO at Evari
2yWell done Michael Lovegrove. Great that you are ready and want to share, so other founders can learn. Looking forward to reading your stories. And please don't beat yourself up - your lead in says "learning from an ex-founder’s mistakes", but we also want to learn from the whole story - i.e. we also want to know what your did well, what you are most proud of, what pleasantly surprised you, what helped you keep pushing, what you would do again as well as what you would change.
Operational Systems & HR Consulting Specialist
2yOh I absolutely love seeing you share this and I am looking forward to seeing what your laws are. Thank you for allowing us to witness and learn 😄
Customer Growth Manager at Brush Technology // Novel tech idea? We make it real for you
2yI've walked alongside someone who went through closing down a start-up , it's a hard road. I look forward to reading your insights.
Entrepreneur.
2yMost of us who have started companies have been there at some point in our journey, it is a big learning curve but there is no shame in closing down, that is a much wiser decision than leaving it until you have to declare bankruptcy. Most successful people have closed down at least one or more companies in their journey to success.