In this episode, Sara talks about the challenges and realities of startup entrepreneurship with guest Megan Murphy, a former product manager turned founder. Megan shares her journey from the corporate world to launching her own startup, focusing on the pitfalls, learning curves, and eventual decision to shut down her venture.

Megan has held the VP Product role at Hotjar, where she led and scaled its product organization, and led the team through M&A. She previously held product leadership roles at N26 and Skyscanner. In 2022, she co-founded a startup that never found product-market fit. She decided to cut her losses and return capital to investors so that she could move on with her life. She is currently moving on before exploring what’s next.

00:00 Intro

02:40 Background & entrepreneurial shift

07:59 Problem identification & validation

13:24 Team building & product development

18:10 Product-market fit challenges

23:00 Iteration decision-making

28:07 Addressing product limitations

33:19 Market impact on startups

38:00 Growth from startup experience

43:18 Vision vs market reality

48:27 Closure decision & outlook

📚 OTHER RESOURCES MENTIONED:

Right Kind of Wrong: The Science of Failing Well - https://amzn.to/3T1FMaL

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👥 Linkedin - https://www.linkedin.com/in/mmurphy9/

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🪢 ABOUT POLYWEB:

Polyweb navigates through the intricate nexus of technology, product innovation, and human creativity. Engage with leading entrepreneurs and experts in uncovering how we can forge impactful companies and lead lives enriched with purpose in the Technology Era.

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