{"id":24334,"date":"2017-01-03T19:06:43","date_gmt":"2017-01-03T13:36:43","guid":{"rendered":"http:\/\/officechai.com\/?p=24334"},"modified":"2017-01-03T19:11:17","modified_gmt":"2017-01-03T13:41:17","slug":"confessions-failed-entrepreneur","status":"publish","type":"post","link":"https:\/\/officechai.com\/startups\/confessions-failed-entrepreneur\/","title":{"rendered":"Confessions Of A Failed Entrepreneur"},"content":{"rendered":"<p><span style=\"font-size: 12pt; color: #000000;\">I\u2019m laid flat on my back on the fake wood floor in the middle of our office staring up at the disgusting ceiling fan that hasn\u2019t been cleaned in over a year, watching a large clump of dust spin around and around, gathering momentum, teetering further to the edge\u00a0by the second. I have a deep sense\u00a0that when it falls, it will fall directly on my face, because that\u2019s just my luck these days, and I wont be able to do a thing about it: I literally cannot move.<\/span><\/p>\n<p><span style=\"font-size: 12pt; color: #000000;\">Moments before, I had stooped down\u00a0to pick up one of the 20 liter water bottles to replace the empty one that had been sitting there untouched for hours. My gregarious, absent minded team of 20-somethings apparently hadn\u2019t noticed there was no drinking water on a sweltering June day in New Delhi, in an office that lacked a reasonable air conditioning\u00a0system.<\/span><\/p>\n<p><span style=\"font-size: 12pt; color: #000000;\"><img data-recalc-dims=\"1\" fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter wp-image-24335\" src=\"https:\/\/i0.wp.com\/officechai.com\/wp-content\/uploads\/2017\/01\/97.jpg?resize=640%2C480\" alt=\"97\" width=\"640\" height=\"480\" srcset=\"https:\/\/i0.wp.com\/officechai.com\/wp-content\/uploads\/2017\/01\/97.jpg?w=960&amp;ssl=1 960w, https:\/\/i0.wp.com\/officechai.com\/wp-content\/uploads\/2017\/01\/97.jpg?resize=300%2C225&amp;ssl=1 300w, https:\/\/i0.wp.com\/officechai.com\/wp-content\/uploads\/2017\/01\/97.jpg?resize=768%2C576&amp;ssl=1 768w, https:\/\/i0.wp.com\/officechai.com\/wp-content\/uploads\/2017\/01\/97.jpg?resize=500%2C375&amp;ssl=1 500w, https:\/\/i0.wp.com\/officechai.com\/wp-content\/uploads\/2017\/01\/97.jpg?resize=600%2C450&amp;ssl=1 600w\" sizes=\"(max-width: 640px) 100vw, 640px\" \/><\/span><\/p>\n<p><span style=\"font-size: 12pt; color: #000000;\">Little known fact: I am a trained boxer, a marathoner, and I\u2019ve had two major surgeries from soccer injuries. So when I stooped to replace the water bottle, I naturally assumed\u00a0that\u00a0I had the wherewithal to carry it through. What happened next was perhaps the most embarrassing moment for an able, barely 30 year old, entrepreneurial, feminist, and egotistical person. I threw my back out.<\/span><\/p>\n<p><span style=\"font-size: 12pt; color: #000000;\">At the time my office was filled with a scrappy team of young people that cut necessary corners and took big risks because that\u2019s what startups did to survive and get ahead of the competition in those days. We each had the kind of passion for making our \u201cend users\u201d happy that most companies could only dream of. We truly wanted to make kids happy, and we believed each of us, in one way or another, actually\u00a0were.<\/span><\/p>\n<p><span style=\"font-size: 12pt; color: #000000;\">Most of us had unfulfilled childhoods ourselves. We had nutty, loving parents who sent us to pointless classes with boring teachers who could not care less about the subject matter. We hated school and exams and college and the whole conveyor belt that dictated so much of our lives. We wanted more and better for ourselves and for other kids out there, and we thought we saw a path to giving it to them.<\/span><\/p>\n<p><span style=\"font-size: 12pt; color: #000000;\">We were\u00a0still just kids at heart. We played pranks and threw parties and showed up late for meetings, but we also loved to work hard and like a team. On the rare occasion when we disagreed on something, the whole office went tense and cold. Most days, though, you could hear bubbling music and roaring laughter emanating from our windows, pouring into the windy streets of Shahpur Jat, enveloping innocent bystanders with the optimism and excitement of a startup with audacious dreams.<\/span><\/p>\n<p><span style=\"font-size: 12pt; color: #000000;\">Those were the good days. In the beginning, the bad days were few and far between, and they were easier to write off. An investor just didn\u2019t understand what moms really needed. A mom was just being too picky for us to really help her and her kid out. A partner was just asking too much from us, it wasn\u2019t worth our effort anymore. When we took a step back and added all the bad days up, we could tell something was wrong, but it wasn\u2019t obvious exactly what it was.<\/span><\/p>\n<p><span style=\"font-size: 12pt; color: #000000;\">Was it our team? Was it our product? Was it our market? Was it our investors? Was it me? Was it our geography? Was it the photo on our homepage? Was it our number of retweets per day? All of a sudden, the barometers that once told us\u00a0how we stacked up to our peers\u00a0were no longer available to us, and we missed them. We yearned for that SAT test that would tell us our score and give us a sense of what our future looked like. But none existed.<\/span><\/p>\n<p><span style=\"font-size: 12pt; color: #000000;\">All we had to go on was what the pundits told us: You\u2019re not making enough money fast enough. It was the same line\u00a0I had heard all my life from my father. \u201cYou should be doing something more with your education, you should be growing faster in your career. Why do you care so much about the kids in the villages in a country you barely know?\u201d<\/span><\/p>\n<p><span style=\"font-size: 12pt; color: #000000;\">It was a good question. When I tried to answer it, I came up short. Sometimes, I thought it had to do with my mother\u2019s response to wasted food, \u201cDo you know how many children are starving in India, while you waste your daal like it\u2019s no big deal?\u201d It was the guilt I felt for being lucky and privileged. Sometimes, I thought it had to do with my father\u2019s childhood, \u201cYou know when we were kids we would gather around our small stove in Kenya while my mom would serve each of us hot roti before she fed herself.\u201d It was the fascination with a challenging life spanning 4 continents in under 20 years in the search of prosperity, whereas mine had been spent in 1 house in the same suburb in the same state my entire life, in the search of good SAT scores and college acceptance letters. Sometimes, I thought it had to do with my brother\u2019s childhood, \u201cYou know how easy you have it? It was different for me. They always wanted me to be something I\u2019m not.\u201d It was the pain I felt for my hero, in not being able to save him. It was all the heroes out there that could still be saved.<\/span><\/p>\n<p><span style=\"font-size: 12pt; color: #000000;\">The one thing I\u2019ve discovered after building companies for 8 years in India, is that I am not truly an entrepreneur, not\u00a0in the stereotypical sense at least. A true entrepreneur builds a business with the goal to make enough money to survive and thrive. The money never mattered much to me, it was never the end goal, nor even in the top 5. It was always just a conduit to reaching more kids. To saving more heroes and their dreams. This might sound like some Mother Teresa crap, but I promise you, it\u2019s not. It\u2019s senseless not to care about money.<\/span><\/p>\n<p><span style=\"font-size: 12pt; color: #000000;\">I often found myself saying what needed to be said, and doing what needed to be done to get access to the money that would help us reach more kids. I was trying to cheat the system to accomplish my own selfish goals. I didn\u2019t actually care how much profit the business made, or how much of it went in my own pocket. What I wanted was different. But in the end, I cheated only myself.<\/span><\/p>\n<p><span style=\"font-size: 12pt; color: #000000;\">I pursued a path that seemed like an easy win: I loved to work hard and grow people and build products. It made sense to be a CEO, but I hated being the CEO the entire time I was. I would drive myself crazy reading thousands of articles about how to be a great CEO and how to build an incredible culture and how to grow a viral product. I would second guess\u00a0every single decision I made and doubt myself around every corner of the way.<\/span><\/p>\n<p><span style=\"font-size: 12pt; color: #000000;\">To build a successful business you have to be confident you are doing the right thing for the right reasons. It\u2019s a fine balance and not one that I found successfully or for any extended periods of time. I would change the story I told myself, depending upon what day it was and who I had spoken to recently.<\/span><\/p>\n<p><span style=\"font-size: 12pt; color: #000000;\">It was exhausting. I had lost my true north because I was pointing at so many other stars pretending we were going in every other direction except our own. By the time I realized it, I was staring up teary eyed at a dirty ceiling fan and the world had forced me to stop moving at all.<\/span><\/p>\n<p><span style=\"font-size: 12pt; color: #000000;\">The hardest part about being an entrepreneur was overcoming my own fear. Fear of judgement, fear of being wrong, fear of failure. The hardest part about failing as an entrepreneur was admitting I failed, and figuring out what I\u2019d do differently next time.<\/span><\/p>\n<p><span style=\"font-size: 12pt; color: #000000;\">I have failed.<\/span><\/p>\n<p><span style=\"font-size: 12pt; color: #000000;\">I\u2019m still not sure what I\u2019d do differently next time, or if there will even be a similar next time. But for now, I am happy just to have tried and\u00a0for the opportunity to have failed.<\/span><\/p>\n<p><span style=\"font-size: 12pt; color: #000000;\">Thank you for giving me that opportunity. Here\u2019s to the next one, whatever it may be.<\/span><\/p>\n<p><span style=\"font-size: 12pt; color: #000000;\">Let\u2019s do this, 2017.<\/span><\/p>\n<p><span style=\"font-size: 12pt; color: #000000;\">[The author of the piece is <span style=\"color: #33cccc;\"><a style=\"color: #33cccc;\" href=\"https:\/\/www.linkedin.com\/in\/shabnamaggarwal\" target=\"_blank\">Shabnam Aggarwal<\/a><\/span>, the CEO and CTO of KleverKid. It originally appeared <span style=\"color: #33cccc;\"><a style=\"color: #33cccc;\" href=\"https:\/\/hungrynfoolish.wordpress.com\/2016\/12\/30\/confessions-of-a-failed-entrepreneur\/\" target=\"_blank\">here<\/a><\/span> and has been reproduced with permission.]<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>I\u2019m laid flat on my back on the fake wood floor in the middle of our office staring up at the disgusting ceiling&#8230;<\/p>\n","protected":false},"author":8,"featured_media":24335,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[555,254,46],"tags":[],"class_list":["post-24334","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-first-person","category-startups","category-stories"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Confessions Of A Failed Entrepreneur<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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