Everything seems perfect: with a successful seed round, smart people on board, and a business idea that practically sells itself, it’s easy to feel like a startup is turning into a slam dunk. But as time goes on, something refuses to just quite click – either your numbers aren’t as high as they should be, your money isn’t stretching as far as it could, or the daily grind doesn’t feel quite right. It may be time to let go. It’s a bitter truth that most startups bite the dust: roughly one in four startups fail within the first year of operation, and only a scant few can stand on their own as fully-realized companies. Of course, the chances of becoming a huge success — the next Twitter, Facebook, or Instagram — are even slimmer. Letting go of a pet project or dream startup idea can leave a sour taste, but there are plenty of ways to handle the final wind down. The Next Web spoke with 6Wunderkinder Founder and CEO Christian Reber — who shut down his own vision, Wunderkit, last October — about finding out when to finally let the end happen and taking the experience onto the next project. 1. It’s Okay To Be Sad Yes, that’s right: It’s okay to be sad, or mad, or any mix of emotions when you finally shutter your first project. Reber says that there were plenty of strong feelings regarding the shutter of Wunderkit, particularly due to the fact that it was the project upon which 6Wunderkinder predica
How to let go of your killer thing that didnât kill
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