Tag Archives: when to quit startup

It’s Time To Quit Your Startup When…

“You’ve stopped recommending your product to friends.” – Tiffany Bukowski, spitfire.

“All you’re worried about is getting money back for your investors.” – Doug Ludlow, CEO, Hipster.com.

“You have something better to do.” – Simon Thompson.

“You’re counting the months, weeks, or days until you reach your vesting cliff.” – Anon.

“You don’t feel comfortable recruiting the best people you’ve worked with.” – Anon.

“You think the people around you personally, have gone through enough and deserve better.” – Anon.

“You cant inspire anyone around you anymore and eventually yourself.” – Anon.

“You quit when you can’t find customers, you stick when all signs point up and you pivot when your customers keep asking.” – Matt MacNaughton.

“You run up a lot of debt when you can’t invest more money of your own.” – Anon.

“You start missing the security of a better job or startup opportunity” – Anon.

“At my last startup, I knew it was time to leave when I couldn’t genuinely recruit people to join my team, and I actively avoided recruiting people I previously had worked with.” – Anon.

“To quit, you always have to ask the question whether your timing or offering is wrong.” – Matthew Roche, CEO, BO.LT.

Nerdr.com – <a href=”http://nerdr.com/its-time-to-quit-your-startup-when/”>Quit Your Startup</a>

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Some Advice Before You Quit

Personal advice: think things through. Prepare a plan that contains an element of finance and personal revenue. Don’t just leave yourself hanging without a branch. You do need money to survive, and live. What’s your personal runway? What’s your backup if things go wrong, in 3 months, 6 months, a year? Your top 3 marketable skills?

Write it all down, you’ll need it during those darker days of uncertainty ahead.  Leave on good terms because it’s a small world, and of course, good luck.