Thanks!!!
>>> In other words you can predict the outcome of someone else's endeavour, because of your own experience, you could tell them your prediction, but they'd go ahead anyway because experience has to be lived, and is seldom passed from one person to another.
This is true in general. People still go ahead because their thinking is your situation is different than mine, and also that this time it will be different since its not you but me who will implement it.
Well, because it is. No two situations are alike. If we only keep to not-doing things we've been warned about on the internet, then we'll become paralyzed and not try anything.
In other words you can predict the outcome of someone else's endeavour, because of your own experience, you could tell them your prediction, but they'd go ahead anyway because experience has to be lived, and is seldom passed from one person to another.
This startup post-mortem seems to happen almost weekly, and despite all the literature (formal and informal) it seems like the same mistakes are made over and over again.
To the author I say, well done, you are gaining some valuable experience, and learning some valuable lessons. By all means get a job to replenish empty coffers, so that when you do another startup you apply those lessons learnt (and if that fails you'll have more experiences to share.)
For my own journey I got lucky. We bootstrapped the business with no investment, writing custom software, until we found our product niche and pivoted into selling that. I have no idea if that strategy would work today - and alas the experience of our mistakes (of which there were many) is unlikely to be transferable.
Good luck! (seriously, a big of good luck really helps a lot...)