22: My Startup Failed & Here is What You Can Learn From it with Nikki Durkin

The Foundr Podcast with Nathan Chan

Nathan Chan

Marketing, Business, Entrepreneurship

4.8 • 662 Ratings

🗓️ 4 January 2015

⏱️ 45 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

This is a story not to be missed. So often in the startup world, we only hear about the successes, the acquisitions, and how much money this person is making. But how about the real story of entrepreneurs? The struggles? The failures? Enter Nikki Durkin. Nikki Durkin founded 99dresses, a company that allowed women to trade fashion items with other users. 99dresses was a Y-comibnator backed startup that had thousands of users and raised hundreds of thousands of dollars for it, but recently had to shut down. In this interview you will learn: •How Nikki started her business •What her biggest lessons and realizations were as an entrepreneur and what you can learn from her mistakes •The best way to approach launching a startup •Why you have nothing to lose when starting a business •How to overcome the fear of failure •Why she has no regrets what so ever •The power of vulnerability •How the media really thinks and glamorizes success •Biggest takeaways a startup founder •Future plans for her next startup I Need Your Help! If you haven’t already, I would love if you could be awesome and take a minute to leave a quick rating and review of the podcast on iTunes by clicking on the link below. It’s the most amazing way to help the show grow and reach more people! Leave a review for the Foundr Podcast!

Transcript

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0:00.0	This is episode number 22 of the Founder Podcast with Nikki Durkan.
0:06.4	What you need is thirst. You need to be a thirsty human who is intent on learning.
0:12.2	It's a really fascinating exploration of human potential.
0:17.9	The Founder Podcast.
0:23.6	Even the greatest entrepreneurs had help.
0:29.0	If you want to learn from the most successful founders on the planet, you are in the right place.
0:32.6	Branson, Mark Cuban, Tony Robbins, Tim Ferriss, Arianna Huffington, Steve Case, Gary V, Sophia Amorosa, Barbara Corcoran, Damon John.
0:36.8	Learn from the greatest minds in business today with interviews hosted by Nathan Chan.
0:41.3	This is not your average entrepreneur podcast.
0:45.1	The Founder Podcast.
0:52.0	Hey guys, thank you so much for tuning in. Before we start today's episode, I just want to let
0:58.1	you know that our goal at founder is to help entrepreneurs succeed however we can by giving
1:03.8	away high quality content in the form of interviews, blog posts, podcasts, YouTube videos,
1:09.9	you name it. We put out so much content to help you.
1:13.1	And another interesting project that we're working on right now is partnering with
1:17.1	world-class founders like Damon John, Alexa von Tobel, Greta Van Riel, and so many more to teach
1:23.4	crucial skills like negotiation, finance, e-commerce, and so much more. So if you'd like to get
1:31.5	access to these free trainings with founders like this, which is 100% free, just go to founder.com
1:38.6	forward slash free. Okay, so now let's talk about today's episode. Hello and welcome to the founder podcast.
1:46.2	My name is Nathan Chan and I'm your host and I am speaking with you from Melbourne, Australia.
1:52.8	Happy 2015.
1:55.1	I hope you guys have some big goals planned for the new year.
	...

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