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What My First Failed Startup Taught Me — and How I Finally Got It Right 20 Years Later

William Chung

created: July 10, 2025, 10 p.m. | updated: July 11, 2025, 7:37 p.m.

Launching a startup two decades after a failed first attempt brought clarity, humility, and a deeper understanding of what it really takes to build a sustainable business. Related: When My Startup Failed, I Was Hopeless and Left in Tears. Build the right team: Use your network to find people who align with your mission and culture. Sell the vision: Know your customer, refine your message and create a product or service they actually want. But every setback, misstep and restart has made this journey — and this version of the startup — infinitely more grounded and more real.

1 day, 11 hours ago: Entrepreneur