Here's how you can bounce back and stay positive after a failed startup career.

Go a step further and celebrate failure !!! Acknowledge efforts .celebrating failures can be truly liberating and motivating . only the ones who are courageous enough to take a step towards the unknown either succeed or come back with richer experience and more clarity and exposure. Take a step back and see what went wrong and how can you now create a better version of yourself and your business . Failures should make you more determined than ever before . Acknowledge, Accept, Learn and move on :)

Our ability to embrace uncertainty, risk and failure is a major key to being entrepreneurs. Entrepreneur means: to take a risk! Anyone who has ever been great at anything: sport, business, or the arts all took risks and failed along the way. But they didn't let fear stop them. They persisted. Therefore embrace uncertainty, risk and failure when (not if) it comes. Greatness at something is often the result of many years of taking risks or failing at something and simply not giving up.

Here is my secret sauce that motivates me: "If you are unable to reach the destination then don't change the Destination but change the path" This always motivates me when I come across any failure. I was failed in 2 business but I didn't quit trying. I changed the way to achieve where I wanted to be. DM me for more information.

> View the experience as a learning opportunity. > Analyze what went well and what didn't. Extract valuable lessons for future endeavors. > Take time for self-care and de-stress. > Reconnect with your passions and skills. Identify areas for improvement and consider relevant skill development. > Network with other entrepreneurs, seek mentorship, and leverage your gained knowledge. > Craft a new plan with a positive outlook, focusing on the valuable experience you bring.

Bouncing back from a failed startup is a testament to an entrepreneur's resilience, and being surrounded by a supportive community can be a game-changer. Such a network not only provides a safety net of emotional support but also serves as a rich resource for practical advice and innovative ideas. It's a space where experiences are shared, lessons are learned, and sometimes, where the seeds of a new venture are sown. Embrace this community; it's your springboard to the next big leap!

As both a founder and an experienced startup advisor who has advised more than 1,150 startups - seeking advice from other founders, advisors and mentors is a sign of maturity. Many founders, advisors and mentors have failed at many things in the past and will be able to give advice on what you are now thinking about doing next. It’s also important to understand that any advice you get is simply that, advice. Nobody can help you do more than your ability to make better decisions this time around and learn to take action when it matters most on the things that matter most. Therefore remember that support from others is great to have, but learning to make better decisions and take new actions are the best ways to overcome past failure.

Seeking support is not only about finding emotional solace; it's also about tapping into a wealth of knowledge and experience. By connecting with other entrepreneurs and mentors, you gain access to diverse perspectives and insights that can help you navigate challenges more effectively. Moreover, building a supportive network can open doors to new opportunities, such as potential collaborations or introductions to key industry players. This collective wisdom and camaraderie not only ease the burden of failure but also accelerate your journey towards recovery and future success.

Take time to reflect on your experience. Understand what went wrong and what you learned from it. Every failure carries valuable lessons that can shape your future endeavors. Surround yourself with a supportive network of friends, family, mentors, and fellow entrepreneurs.

One of the ways of building startups is to learn from books, online courses and cheat sheets. But the most authentic way is to do it yourself and see how things may differ in your scenario. If an idea didn't work, it's important to look at some of the aspects which will help you with key learning; i) Did you give this idea enough time to grow? ii) Did you have the required expertise? iii) Network? iv) Finances to take a flight? v) Domain experience? vi) Market need assessment? vii) Did you make a few customers? (most people quit on low count of customers while they are the stepping stone towards growth) viii) Did you try pivoting your idea based on the feedback? Labeling "failure" is not enough, right diagnosis is important.

According to research, the most common reasons for startups failing and why are: No market need - you probably had an idea of the problem to solve but the market and customers do not see it as a problem worth paying for to solve. Running out of money - you either were not making enough revenue, haven't raised any investment, spent the investment you raised too quickly, or had the wrong business model. Team breakdown - you and your co-founder had a difference of opinion in the direction you should go, or you didn't acquire the right talent to grow. Some other issue - whether that be legal, operational or otherwise. Given these are the most common issues for startup failure, pay the most attention to these every day.

In my experience, learning from startup failure has been transformative. Beyond surface-level analysis, understanding the 'why' has been crucial. Celebrating successes and seeking feedback from mentors have fueled personal and professional growth. This journey has made me stronger, more resilient, and better prepared for future challenges. It's been my experience, and it works.

Failure can often speak to us and say things that are not always 100 per cent true. Here are things it can often say and what the truth actually is: 1. Your failure is all your fault - not always the whole truth. There are many reasons startups fail and some reasons are out of our control. 2. You're not smart enough - building a great startup isn't always about academic intelligence. It's more about focusing on solving a problem for a customer. 3. People won't trust you again - anybody who has ever built a startup knows what you learn from failure can be valuable to others. 4. The next idea won't be as good - your next idea could be the thing that makes you the success you've always dreamed of being if you just get started.

It is very much a question of framing the events, both for you internally, as well as externally. A startup can be seen as failed, and people could have lost money, however, for you as an entrepreneur, yes, you might have lost all your shares and sweat equity, might have even lost a house, however this is only a failure if you have not learned anything from it. If you are a resourceful person, you will take learnings from your current experiement that did not go well, look at the assumptions, do the retrospective, learn from actions and be better equipped for your next journey. Remember, in order to succeed, you need to build a strong and health foundation and building it on knowledge and experience is as good as it gets. Keep improving

Celebrate Small Wins: Acknowledge and celebrate even the smallest achievements along your journey. Recognizing progress, no matter how incremental, can boost morale and keep you motivated. Remember that failure does not define you. Many successful entrepreneurs have faced multiple failures before achieving success. Use your experiences to fuel your determination and resilience.

Staying positive isn't just beneficial—it's vital for achieving success. By focusing on your strengths and past accomplishments, you cultivate resilience and maintain the drive to pursue your goals. Embracing a positive mindset not only helps you navigate through challenges but also fosters a can-do attitude that propels you towards success.

After reflecting on lessons learned from past experiences, it's time to plan your next entrepreneurial venture with a positive outlook. Identify a startup idea that resonates with your passion and leverages your skills. Begin by setting realistic goals and crafting a detailed action plan. This proactive approach not only rebuilds your confidence but also provides a clear direction for your next journey. Embracing this structured planning process helps ensure that your new venture is not just a continuation, but an evolution, reflecting your growth as an entrepreneur.

Once the Lesson is learnt, Then comes the next step of deciding on how to work on those. It can be some skill which can be learnt, something which can be learnt with more work-ex etc. Hence one should sit & then brain storm on the next move forward as to how to become a overall better founder. What are the skillsets which needs to be developed further. Once that is zeroed in, we can act on it & plan the further course of action. This will definitely help to gain confidence when one shall startup a new venture. The shortcomings will be addressed helping the founder to be one step closer to success.

Drawing from personal experience, I've found that after a setback, planning your next move is essential for regaining momentum. Reflecting on lessons learned and maintaining a positive outlook, I've navigated through challenging times by aligning my passions and skills with new business ideas. Setting realistic goals and meticulously planning each step allowed me to regain confidence and direction. This proactive approach, learned through my own journey, has proven instrumental in overcoming obstacles and achieving success.

Finally, don't give up. Failure is not the end of your entrepreneurial journey but rather a stepping stone towards future success. Stay persistent, keep moving forward, and trust that better opportunities lie ahead. Because there are many problems already to solve rather than creating one.

Bouncing back from a failed startup involves leveraging your experience for growth and networking. From personal experience, attending industry events and engaging in continuous learning are crucial. These activities not only enhance your knowledge but also widen your professional network, opening doors to new ventures and collaborations. It's essential to view each setback as a stepping stone, enriching your journey and preparing you for future successes. Networking and personal development are not just about recovery; they're about building resilience and a robust foundation for your next entrepreneurial endeavor.

If you want use networks to bounce back and grow after a failed startup, you need to think about how you can provide a huge amount of value to one or more networks. The areas of value that can be provided to these networks are for example product development, sales, marketing, finance, investment, advisory, mentoring, etc. Ecosystem networks include founders, teams, investors, incubators, accelerators, VCs, universities, etc. How well and how quickly you bounce back is based on the areas of value you provide, how much value you provide and the networks you provide them to based on your skills and areas of interest.

Networking is very critical. In fact one should start networking right from the college days. But in the startup eco system, networking can play wonders. As a founder if the ecosystem believes in you, you might find opportunities from different places and it can also help one in identifying the shift in the market & the trend which is being followed. Also once you participate in various events & workshops, your views are known to people and this can help as well to find like minded people.

After a failed startup career, resilience and positivity are crucial for bouncing back. Firstly, reflect on lessons learned from the experience and embrace failure as a stepping stone to growth. Lean on your network for support, seeking advice and mentorship from experienced entrepreneurs who have overcome similar setbacks. Use this time to upskill and expand your knowledge base through courses, workshops, or certifications. Stay open to new opportunities and consider alternative career paths or entrepreneurial ventures. Cultivate a positive mindset by focusing on personal growth and celebrating small victories along the way. Remember that the lessons learned and the resilience gained can propel you towards future success.

In addition to the practical strategies and reflections shared, it's important to consider the entrepreneurial journey as a continuous learning process. Each phase, whether it involves assessing impact, revisiting goals, or planning your next move, offers unique insights and opportunities for growth. Remember, entrepreneurship is not just about the destinations reached but the experiences gained along the way. Embrace each challenge as a stepping stone and each success as a milestone. Share your experiences, both successes and setbacks, to enrich the entrepreneurial community. This openness not only fosters a supportive environment but also enhances your own understanding and resilience.

Reflect on Lessons Learned: Identify key takeaways from the experience. Reframe Failure: See past setbacks as growth opportunities. Update LinkedIn Profile: Highlight the skills gained from your startup. Network for Support: Connect with others for new opportunities and advice. Share Your Experience: Inspire by discussing your journey and resilience. Stay Industry-Informed: Keep abreast of the latest trends and news. Invest in Self-Improvement: Enhance your skills and professional value. Define New Goals: Set attainable objectives for your next career steps. Practice Self-Care: Ensure activities support your well-being. Remain Open: Be ready to pivot and explore diverse career avenues.

Reflect and Learn: Analyze what went wrong and extract valuable lessons to improve your future endeavors. Network Support: Tap into your network for support, advice, or even to just share your experience. Self-Care: Prioritize your well-being to maintain a healthy mindset for your next steps. Redefine Success: Shift your perception of success to include the knowledge and experience gained. Stay Curious: Keep exploring new trends, ideas, and opportunities within the startup ecosystem. Adapt and Pivot: Use your entrepreneurial skills to adapt to new challenges or pivot to a different industry. Celebrate the Journey: Acknowledge the courage it took to start and the growth that comes from the experience. Mentorship.