How to fail but not give up. My story :)

Uladzislau Rymasheuski
3 replies
Hey, I'm Vlad, founder of Askpot. And my startup failed in September '23. I'm a solo founder and I need to do all the staff - marketing, sales, coding including frontend and backend, SEO optimization and so on. That's pretty challenging but I love it! Here goes my fail story. I was building finance chat for QuickBooks where you can retrieve any report just typing question in plain english. I was coding hard for 3 month and product was ready in early September. And just imagine my face when I saw press-release from QuickBooks where they were introducing this chat feature built in their app. That was end of my startup. That how I thought at this moment. I was taught a tough lesson - when you build something that is hardly bounded to some other app - your startup can be killed just in a minute. So few days later I started to think what to do next. I've look through niches and .... started to do competitive analysis. And this was my "A-ha" moment. I just understood that how time-consuming this task is! So it was the first day of New Askpot - Competitive analysis tool that can automatically collect all the data for qualitative competitive analysis. And just less than 2 month from that we are live on Product Hunt! So don't give up! End of one thing is a beginning of something other!

Replies

Anar Hagverdiyev
Vlad is a very interesting story! Was Quickbooks's finance chat better than yours?
Uladzislau Rymasheuski
@anar_hagverdiyev thanks! The main feature of Quickbooks chat was that it was inside their app, while you need to register separately in our app, so we cant handle the competition
Anar Hagverdiyev
@rimash Inside doesn't mean better!)) I understand what you mean, it’s difficult to compete with such a giant, but you can sell it better technology.