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My First Million · November 7, 2024 · 55m

Our Biggest Business Failures (and What We Learned)

Sam and Shaan reveal their biggest business failures: products that flopped, investments that tanked, partnerships that exploded, and the lessons each failure taught. The episode nobody wanted to record — and the one that taught the most.

This summary was generated from show notes and public descriptions, not from a full transcript review. Details may contain inaccuracies.

Canon

Sam: every failure made the next attempt less scary. The first failed product was devastating. The fifth was a learning experience. By the tenth, failure was just data. Courage-is-learnable through accumulating failures.
Shaan: after every failure, he runs a stoic post-mortem: what was within my control that I could have done better? What was outside my control that I need to accept? This practice turns every failure into a learning opportunity rather than a trauma.
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