Ask HN: How did you turn your failed business model into a successful venture?

Re:Ask HN: How did you turn your failed business model into ... by gotem on Tuesday December 29, 2020 @02:08PM (#25573501)

Someone should start a company that does multiple things so that they don't have to settle. I find that it's a huge industry and issue.

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Re:Ask HN: How did you turn your failed business model into ... by hackerpain on Tuesday December 29, 2020 @02:11PM (#25573537)

That's quite hard because getting established in one trade in the industry itself takes a lot of time and effort.

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Re:Ask HN: How did you turn your failed business model into ... by gotem on Tuesday December 29, 2020 @02:12PM (#25573559)

Yeah good point. I guess you could also get distracted. Eating dinner but I will think it over more.

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Re:Ask HN: How did you turn your failed business model into ... by hackerpain on Tuesday December 29, 2020 @02:14PM (#25573578)

We spent like 12 years trying to create a medium sized business in electronics and we were at that time in an era when mobile phones were still getting popular. It was a nascent stage of refurb smartphone industry but even then it was a steep climb for us!

But there are companies operating in the same segment that started later, with VC and investor backing who rose quite fast.

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