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

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

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!

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Episoder(638)

682: From $2M in Debt to a $250M Gum Company | Pur Gum

682: From $2M in Debt to a $250M Gum Company | Pur Gum

Jay Klein lost $2 million on a gum nobody wanted. He sold the remaining stock to a pig feed company for $13,000 - then used every cent of it to launch Pur. Sixteen years later, Pur is the fastest-gr...

9 Jul 58min

681: Dr. Angela Spent $350K Building The Skincare Brand Her Daughters Needed — Now It Does $40K/Month

681: Dr. Angela Spent $350K Building The Skincare Brand Her Daughters Needed — Now It Does $40K/Month

Dr. Angela Casey spent nearly 15 years treating skin cancer before she had her business idea. She didn't come from entrepreneurship - she came from molecular biology, medical school, residency, and a ...

8 Jul 33min

680: (Solo) The Thing Nobody Tells You About Building a Business Alone

680: (Solo) The Thing Nobody Tells You About Building a Business Alone

After interviewing over 700 founders, including more than 100 billionaires, I kept noticing something that never made it onto the podcast. When the recording stopped and I asked privately how they wer...

6 Jul 12min

679: The $20 Jar of Salt Behind Her 9-Figure Jewelry Brand

679: The $20 Jar of Salt Behind Her 9-Figure Jewelry Brand

Jennifer Fisher started with $5,000 and a dog tag she sketched on a piece of paper for her son - a son she almost never had, after chemotherapy, failed IVF, and years of surrogacy attempts. She knoc...

2 Jul 47min

678: (Solo) The First Hire Mistake That Trips Up Almost Every Solo Founder

678: (Solo) The First Hire Mistake That Trips Up Almost Every Solo Founder

Most founders make their first hire reactively. They're overwhelmed, stretched across every function, and they just want someone to take the pressure off right now. So they bring in a generalist, hand...

29 Jun 9min

677: We Built a $250M Cold Plunge Brand - From a Garage | Plunge

677: We Built a $250M Cold Plunge Brand - From a Garage | Plunge

Ryan Duey was living in an RV with his float spas closed and no backup plan when he and Michael Garrett built their first cold plunge from a retrofitted $100 bathtub in a garage. They turned their S...

25 Jun 1h

676: Alisha Spent 16 Years In Salons - and Distilled it all Into One $7K/Month Product

676: Alisha Spent 16 Years In Salons - and Distilled it all Into One $7K/Month Product

Alisha dropped out of year 10 to become a hairdresser, opened her own salon at 20, and ran it for nearly a decade - applying five different products to every client's hair, every single day. By the ti...

24 Jun 34min

675: (Solo) The Money Mistake That's Quietly Killing Your Business

675: (Solo) The Money Mistake That's Quietly Killing Your Business

I've wasted so much money over the years running Foundr that I don't even want to know the number. And if I'm honest, it came down to one thing: when it's the business's money, it doesn't always feel ...

22 Jun 8min

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