Struggle in the Face of Competition

8min Snip

00:00

Play full episode

Summary

Transcript

Episode notes

This chapter explores the challenges faced by the speaker's business, Flow, as it competes with the rising competitor, Asana. From financial stress to the pressure of keeping up with feature offerings, the speaker grapples with the harsh reality of being outperformed in the market.

Episode 120: Andrew Wilkinson is the co-founder and CEO of Tiny, a publicly traded holding company trying to be Berkshire Hathaway but for internet companies. In 2007, Andrew started a Canada-based design agency called MetaLab, which grew to $40-50 million in revenue & $20 million in profit. After trying and failing to launch other businesses, Andrew pivoted to buying businesses to grow his holding company. I’m going to read a story by Andrew about one of the businesses he tried to launch after MetaLab and his lessons from its spectacular failure.

Original Story: https://twitter.com/awilkinson/status/1376985854229504007

Andrew’s X Account: https://twitter.com/awilkinson

Send us an email and let us know what you think of the idea! foundersjournal@morningbrew.com

#FoundersJournal #Startups #Entrepreneur

Listen to Founder’s Journal here: https://link.chtbl.com/OV4W93_W

Watch Founder’s Journal here: https://www.youtube.com/@FoundersJournal/

Subscribe to Morning Brew!

Follow The Brew!

Instagram - https://www.instagram.com/morningbrew/

Twitter - https://twitter.com/MorningBrew

Tik Tok - https://www.tiktok.com/@morningbrew

Follow Alex!