STARTUP DIARY: Startup disasters
Irish web company co-founder Richard Rodger outlines some disastrous scenarios for Irish startups, including data loss and overtrading.
To be a true technology entrepreneur you must experience the exquisite trauma of data loss.
Of all the disasters that can befall a startup company, this is the worst. Because it is truly, only, your own fault.
Clients may fail to pay, governments may regulate, employees may embezzle. But only the founder can be blamed for failing to have a Plan B. Plan B is how you stay alive.
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