In this episode of the Atom CTO Podcast, Bhairav and Samuel Villegas (from Two Five One EU) dissect the concept of failure in startups: a delicate yet critical aspect of entrepreneurship. They challenge the traditional stigma of failure, framing it instead as a pivot point that could lead to a more successful journey. They continue to break down the reasons behind startup failures, factoring in aspects such as emotionality and over-optimism, and the potential consequences of an inability to accept reality and change course.
Drawing attention to entrepreneurs’ journey, they deliberate the transition from an employee to a founder; highlighting that industry experience though important, isn’t all encompassing. They share their views on the growth and insights that come from failures, focusing on second-time founders, while reframing our perception of success and failure in the entrepreneurial world. Tune in for an enlightening discussion on these realities in the startup ecosystem.
What you will learn from this podcast
We talk through the following topics:
- The different types of CTOs that exist in the market
- What you should ask yourself before brining a CTO on board
- The impact of AI on the role of a CTO
- The common features of companies that fail
- What you can do to mitigate the risk of failure within your business
- The mindset of a start-up founder
- Challenges of being a solopreneur
Why you should listen to this podcast
This podcast episode covers a wide range of topics, making it a valuable listen for anyone interested in entrepreneurship and startups. Bhairav and Samuel provide insights on the struggles of founders as teams and as solopreneurs. They delve into common reasons why businesses fail, such as lacking product-market fit or running out of money.
In addition the podcast talks about the role of a CTO in a podcast and advises startup founders to consider what they need a technical person for and choose the right type of CTO for their company’s stage and needs