Thursday the 15th of June TLR Alameda (already our second coworking space) right in the centre of Málaga was lucky enough to host one of Málaga’s biggest events (well nearly anyway): Fuckup Night Málaga!
For those wondering, Fuckup nights are a global movement born in Mexico in 2012 to share business failures and stories with anyone and everyone who wants to listen. These events attract hundreds of people to share, laugh and most importantly learn from each other’s mistakes! Málaga has recently seen its very own Fuckup nights grow into a rapid success story thanks to Julia Sycheva. She recognized the importance of what this kind of event can bring to the international and local community of Málaga. Now, every 3 months, Julia will be organizing the next big Fuckup night with 3 different speakers to share their own business fuck up’s and what they learned from it.
I had the pleasure to be the first speaker that night and I want to share with you what I shared with the massive audience of around 80 people, who came to listen:
I left my well-paid corporate job at Oracle after 5 years to join 2 friends and help them build a social media agency for B2Bs. Now I run The Living Room Coworking in Málaga. You can probably imagine that the initial project pursuing my start-up dream did not come out very well, here are the 3 top lessons I learned when going into a new business venture with someone:
Lesson 1: Marry a person you know!
Sounds like common sense, right? But when it comes to a business, it’s easy to get blinded by excitement and new opportunities whilst losing sight of the importance of the team connection. Especially in a start-up business, make sure you truly know and love the person or people you are going into business with!
Lesson 2: Dream big, start small.
Don’t go for world domination like I did! Amongst other things, make sure you have a clear business plan and target audience. We went way to broad with our target audience and just thought anyone who spoke the same languages as us (English, Spanish, German and Danish) we can cater for.
Lesson 3: Know when to give up
You know that saying: “If at first you don’t succeed, get up and try again! Fall a thousand times, get up 1001 times.” Well, obviously you shouldn’t give up after the first mistakes, but it is also wise to know when to give up. I tried and tried so many times to make this start-up a success, but in the end, it just wasn’t meant to be. I learned a lot from it and I’m still glad I gave it a go, but equally, I had to hold up my hands and say “enough’s enough, I’m out!”.
As the first speaker, I was followed by 2 more stimulating speeches (shortly to follow in the next two blog posts), networking, Bao buns, and beer! We were lucky enough to have Noelia from Ramen Nogacu come in and supply us with their delicious Bao Buns (see picture above) and Manuel from Cervecería Mapamundi who supplied us with his incredible craft beers!
It was a memorable night and many people including myself came away from it feeling inspired. It just goes to show, even if you’ve had a business failure in the past, or are yet to have one in the future, you learn from it, move on and smash your next business venture!
An intrinsically driven entrepreneur fascinated by the power of networking, both online and – believe it or not – offline. He makes it his personal mission to network, connect & synergise wherever he goes. By simply listening, he learns from others about what they are good at and what they could use help with. This puts him in the unique position to connect people and craft synergizing relationships. In his various roles as a consultant, a salesman and a coworking owner, he always thrives towards that same goal: A smile on people’s faces caused by win-win-win synergies.
Below is the live stream of my talk, apologies for the image quality however it’s a great audio for those who don’t fancy reading:
Publicada por Fuckup Nights Malaga en Jueves, 14 de junio de 2018