My Favourite Failure: How to fail without getting knocked out - Tom McLeod
Apr 11, 2024
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Serial entrepreneur Tom McLeod shares his journey of building 5 companies and surviving failures. He talks about his spy camera apps, failed iPhone tossing games, and the gut-wrenching story of his startup Omni. His key lesson: take lots of shots, learn from failures, and stay in the game.
Taking numerous shots, learning from failures, and avoiding knockout is essential in entrepreneurship.
Facing setbacks due to tech innovation boundaries and unpredictable entrepreneurial journey showcases challenges.
Deep dives
Personio Feature for Compensation Management
Personio, an all-in-one HR platform, introduced a compensation management feature that ties salaries to performance reviews. This tool assists managers in easily conducting salary reviews, managing promotion budgets, and distributing them among their teams. Personio's continuous addition of user-friendly features like this aims to streamline HR processes and enhance company success.
Tom McLeod's Journey Through Ventures
In the podcast, Tom McLeod shares his entrepreneurial journey marked by various ventures and experiences, including the foundation of Archive, the world's first distributed museum. Despite successes, Tom reflects on the ventures that did not succeed, such as mobile app endeavors in San Francisco. Through recounting failures and lessons learned, Tom provides insights on resilience and adaptability in the entrepreneurial landscape.
Crosswalk Platform and Apple Cease-and-Desist
Tom McLeod discusses the creation of Crosswalk, a platform utilizing Apple's cloud sideloading, aiming to streamline app installations for users. Despite initial success and positive reception, the endeavor faced a major setback with a severe cease-and-desist order from Apple. This setback highlighted the challenges of navigating tech innovation within established boundaries and the unpredictable nature of the entrepreneurial journey.
Tom McLeod, a serial entrepreneur, shares his wild journey of building 5 companies and surviving a dozen failures. From spy camera apps to failed iPhone tossing games, Tom's story is a masterclass in resilience and failing fast. He reveals the gut-wrenching story of his startup Omni, which despite a successful exit, fell short of his ambitious vision. Tom's key lesson? Take loads of shots, learn from failures, and avoid getting knocked out.