We’ve all heard some variation of the quip that overnight success actually involves years of striving, with presumably several failed efforts and false starts along the way. But when entrepreneurs experience failure, whether it’s their first encounter with it or an especially spectacular failure, it can be a major blow financially as well as emotionally. Here are my thoughts on how to recover from a significant business setback.
Startups
We recently sat down with Luc Berlin, co-founder of Miigle, a SoCal startup that has an aggressive global mission to bring entrepreneurs together from around the world. We first interviewed Luc in 2012, just as he was launching the prototype for Miigle. We followed up with Luc to see just how he’s been managing the entrepreneurial waters. On the day of Miigle’s public launch, we chatted about developing his team, lessons learned, and how World Cup soccer fits into his vision.
Silicon Beach has been known in part for fostering and revolutionizing high revenue generating e-commerce startups. These companies focus on bringing the best selection and new experiences to customers. Some provide subscription based services offering designer shoes or low-cost razors, but is there a market for closeout or clearance products? Clearance.co and team are providing that there is.
Malibu and Beverly Hills have long been hot neighborhoods for entertainment execs. But the tech culture of Los Angeles is shifting real estate’s center of gravity. As the line blurs between tech and entertainment, and as Silicon Valley seeks synergy with L.A.’s creative talent pool, Silicon Beach is the new center for both homes and headquarters.