Show notes
In today’s Startup Therapy Podcast, Wil and Ryan talk about the truth about Startup shutdowns. Shutdown cycles always happen to Startup businesses, several bad decisions don’t mean a complete failure, and second chances can happen when you’ve asked the critical Why’s.Sign up for the Startups Newsletterhttps://www.startups.com/newsletterResources:https://www.startups.com/beginWhat to Listen For00:00 Intro00:59 Startup shutdown is always part of the process07:05 Shutdowns had been happening even before COVID12:15 When you assume you’re a failure because of several bad decisions14:27 How bad was the mindset?16:47 What was the turning point?19:56 Rising back after a 48-hour downtime24:59 Do-overs are what defines some of the great companies28:46 Tips on how to restart a Startup34:06 The looming danger when you can’t ask all the critical “Why?”35:54 It starts with seeing a version 2 of the business to restart