How did your first attempt at building the company fail, and what did you learn?
Replied byWayne Cartmel
Founder & CEO at MyNewTerm
Niche: Edu
Revenue: Approx. 540,000 USD/month
Location: Silsoe, Bedfordshire, United Kingdom
Started: 2015
I won fifteen hundred pounds in a startup pitch competition and naively tried to build the software without technical skills. I lost my savings and realized after nine months that it was a total failure. I went back to teaching but resolved to try again with a proper technical partner.
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