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NOBODY’S FAULT BUT MINE…My 6 Stages of Startup Founder Depression and the Lessons LearnedVidar AndersenFUCKUP NIGHTS Düsseldorf, April 16. 2015
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MORE VIDARANDERSEN.COM
VIDAR ANDERSEN • STARTUP FOUNDER • EDUCATOR • INNOVATION ADVISOR
FOUNDING PRINCIPAL +ANDERSEN & ASSOCIATES
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[email protected]
+ANDERSEN & ASSOCIATESINNOVATION & GROWTH THROUGH SCIENCE + ENTREPRENEURSHIP
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FEATURED & RECOGNISED
AND MORE…
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LECTURING AT E.G.
Cologne U
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“[VIDAR ANDERSEN] ONE OF THE MOST IMPORTANT PERSONS IN THE GERMAN
STARTUP SCENE.”
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CERTIFIED LLP EDUCATOR @STANFORD
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LLP LECTURE QIA UNI, IRAN
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MY NAME IS VIDAR… AND I’M A…
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FAILURE FUCKING SUCKS!
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HERE’S MY STORY OF #FAIL
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The People Magnet
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TECHNOLOGY• Rexter • Objective C • Django • HTML5 • Zepto • AWS S3 • Rackspace
Cloud
• Python • Werkzeug • Gevent • ØMQ • MongoDB • Neo4j • OrientDB* • Titan*
*experimental
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SUCCESS THEATRE
AUSTIN, TX
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Literally all the cash I had left in the world on landing at SFO June 2013
All my credit cards where cancelled, bank accts frozen… (Thank heaven for PayPal)
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DEPRESSION SETS INOf course you don’t notice yourself at first
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STAGE 1:SHOCK & SURPRISE This can’t be happening to me
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STAGE 2:DENYING ANY OF IT IS MY FAULTEveryone else is screwing up. I am doing everything right.
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STAGE 3:GETTING ANGRY, BLAMING EVERYONE ELSE This is all your fault, you fuckers!
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STAGE 4:GETTING DEPRESSEDDays of not getting out of bed, not going out of my apartment
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STAGE 5:GRADUALLY ACCEPTING MY ROLE IN THE FAILUREWhat could I have done differently?
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STAGE 6:GAIN INSIGHTS,CHANGE MY BEHAVIOURNobody’s fault by mine
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LESSONS LEARNEDMy Main Take-Aways
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IT WAS ALL MY FAULTNobody’s fault but the founder’s - ALWAYS
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A-PLAYER IN GAME X !=
A-PLAYER IN GAME YI should have stuck to my game -A-Player in Game X attracts C-Players in Game Y
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IT’S ALL ABOUT PEOPLEBe VERY VERY VERY careful with who you get into bed with!
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GET EVERYTHING IN WRITINGBecause love is NOT all you need - Get the co-founder’s agreement up front!
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NEVER EVER RUN OUT OF MONEYDo WHATEVER it takes to keep you afloat - as a startup AND personally
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YOU WILL WIN SOME YOU WILL LOSE SOMEDo NOT put all eggs in one basket - diversify - DO NOT listen to the VC investors
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STARTUPSNOT FOR EVERYONEIt takes a special kind of crazy to survive it - YOU WILL MOST LIKELY FAIL
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I’M READY TO GO AT IT AGAINSo either I’ve learned a lot - Or nothing at all
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LET’S CONNECT:
VIDARANDERSEN.COM