Approaching 2016
In a lot of ways, 2015 was a year of waiting for me. Two years of bootstrapping to get the business off the ground took a heavy toll on my finances and me, and towards the end of 2014, I resolved to step back and go back to employment, which I did. The last several months was just that, of keeping my head down, and of reflecting on the experiences. It was time to come to terms with failure and re-imagining. This was what 2015 was about, and I feel I have been successful at doing this. However, with 2016 around the corner, it is time to put a plan in place. Indeed, one of the key lessons that I have learned through the start-up and bust is the limits of romanticism about start-up life. One of the key mistakes I committed in U-Aspire was to ask and raise too little money, and spending inordinately long time in raising that money. I should say I should have known this all along, but the truth is, I did know and I still took the risk, rather foolishly, as it turns out at the hindsigh...