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The True Costs of a Startup Failing

I read an article in Fortune magazine’s online site this week titled “What Happens When a Startup Goes Bust”. The article focused on vendors who don’t get paid when startup fails. It gives examples of several small businesses owed various amounts of money in the wake of Bay area food delivery startup Munchery failing. And while the article is interesting in its take on vendors losing out on payments and how venture capital firms should have more accountability, it doesn’t even give a single mention to those who end up getting screwed the most when a startup fails: the employees of the startup.

  • failure
  • startups
Monday, February 4, 2019 | 13 minutes Read
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It is Time For App Security Questions To Die

One of the worst, most annoying, and inept security practices to evolve in online applications over the years is the process of security questions and answers for logging in and/or password & account recovery. They’re annoying, vague and restricted and they absolute must die, die, die! So let’s take a few minutes to examine what’s wrong with security questions. They Aren’t Secure Even if you’re certain of what the answers are, you still have to record the answer somewhere. And that makes them insecure. Why do you have to record them? Because in most instances, your answer must exactly match, character for character, what you originally entered.

  • failure
  • security
  • security-questions
Thursday, December 13, 2018 | 7 minutes Read
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Embrace Failure

For all of us, there will times, many times, when our efforts end in failure. Sometimes, they will be small failures. And sometimes, they will be spectacular failures. Sometimes, you will be at fault. And sometimes, despite all your best efforts, someone else will be at fault. It doesn’t matter. It’s just another opportunity. Success is stumbling from failure to failure with no loss of enthusiasm. Winston Churchill Recognize The first thing you need to do is recognize there is a failure. A lot of times, this is easy. It smacks you upside the head. Like when your employer goes out of business, for instance. Other times, it’s hard to recognize the failure. We don’t see it. We don’t want to see it. Maybe because it’s too painful to acknowledge.

  • failure
Monday, November 12, 2018 | 5 minutes Read
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