Man Who Left Rs 50 LPA Job To Build A Startup Calls It Quits: ‘Failed At Being A Founder’ – News18

Last Updated:November 28, 2024, 08:45 IST

The man, who left his high-paying job to start a business, said it took him two years to realise he was more obsessed with the idea of being a founder than actually being one.

A man left his lucrative job with a Rs 50 LPA salary to chase his dream of building a startup. Despite successfully raising Rs 8.44 crore in seed funding, he decided to shut down the venture after two years of relentless effort. In a long post on social media, he candidly admitted that “he failed at being a founder”. He reflected that his failure stemmed from being “obsessed with the idea of being a founder” rather than truly being equipped for the challenges it entailed.

“I wanted to be a founder. Turns out, I just wanted the idea of being a founder. And it’s taken me two years, a lot of sleepless nights, and more stress than I knew was possible to admit this,” wrote the founder online.

The founder, who by “GrizzledTrillion” on Grapevine, shared a detailed account of his entrepreneurial journey on the platform’s “Indian Startups” community. He revealed how the “fire inside him” was ignited back in 2021 when he felt he was “wasting his life not building the next big thing”.

“Had a salary of Rs 50 LPA salary as a VP Of Ops, job security, weekends off, life sorted. But no, that wasn’t enough. LinkedIn posts, podcast founders, hundred million $ valuations – they all made me feel like I was wasting my life not building the next big thing,” he expressed.

That was when he quit his job, raised funding for his business, and started building something that started making a profit. Fast forward to 2022, he further said, “We built a good product, people paid for it, and we even became operationally profitable. No crazy burn rate, and no major disasters. By all traditional metrics, things were fine.”

(This is a developing copy)