🚀 In episode #240, our host Stoyan Yankov welcomed Marek Kesküll, Former Co-founder & CEO at Scorestars.
So much talk about success and glorifying entrepreneurship.
The reality is much different.
Every founder knows it. Despite raising €725K and scaling internationally, Marek and his team made the difficult decision to shut it down before the money ran out.
They didn't run out of cash. ❌
They ran out of emotional runway. ✅
Listen to a NO-BS conversation about entrepreneurship, navigating uncertainty and challenges, and having the guts to make the difficult decisions.
Chapters
00:00 Introduction and Context of Entrepreneurship
03:03 The Journey of Starting a Startup
05:52 Gaining Traction and Early Success
08:59 Challenges in Expansion and Market Understanding
12:01 The Pivot: Adapting to Market Needs
15:04 Fundraising and Investor Relations
18:12 Lessons Learned from Feedback and Iteration
20:54 Reflections on Business Model and Strategy
23:52 The Emotional Toll of Entrepreneurship
26:54 Final Thoughts and Future Directions
33:06 Vision and Strategy: The Road to Success
36:27 The Decision to Shut Down: A Defining Moment
39:32 Navigating Investor Relationships: Communication and Transparency
42:05 The Emotional Roller Coaster of Entrepreneurship
44:19 The Importance of Therapy: Managing Stress and Expectations
49:49 The Power of Community: Support Among Entrepreneurs
56:19 Perseverance in Fundraising: The Path to Success
01:01:52 Looking Ahead: Future Aspirations and Mindset
Enjoy listening and #KeepPERFORMing!
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