After Shutting Down Your Startup, Don't Start Another Immediately

When you’re a founder, things are being thrown at you too fast. By the time you deal with one thing, three more urgent things have arrived. It’s like being a race car driver. All your attention is going into just staying in the race.

My startup did not work out, so I shut it down. It’s been a year now, and I found a lot of time to reflect on my experiences and synthesise my learnings. I understood things I didn’t earlier, and I feel I have more of an insight now than I had when I was running the startup, when I didn’t have time to think. And if you’re not going to learn from an experience, you’re not getting all you can from it, in which case the price you paid to learn it has gone waste.

Even if you’re sure starting another startup is the next career move for you, catch your breath for a year, recharge your bank account, recharge your body, recharge your emotions, and only then get back in the game.