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The Mistakes we do as Entrepreneurs | Bobby Bahov's newsletter

The Mistakes we do as Entrepreneurs | Bobby Bahov's newsletter
By Bobby Bahov • Issue #4 • View online
It’s been a weird past few months for me mostly because I had to close down yet another non-successful venture. I’m intentionally not calling it a “failed venture” as it was a huge learning experience. The main reason was differences in the way of thinking about business and its vision between me and my cofounder. So we decided that it doesn’t work and to continue on our separate paths. For the past few months, I’ve been analyzing this decision a lot. What made me do it exactly now? Should I have seen the signs and pull the plug earlier? The corona pandemic hit us hard so it wasn’t a secret for anyone that things are not going according to the plan.
There’s been a few interesting opportunities since my co-founder and I decided to split ways, including me joining TopTal - a freelance network proud to include only the top 3% of people who apply to be a part of it. So I joined it as a “Product Development Manager” and I consult with startups and entrepreneurs on their product strategies. People say that closing one door opens two more or something cheesy like that.
Furthermore, I’ve joined the Founder’s Book Club - a community of readers who are also entrepreneurs. It’s a match made in heaven and I’ve been having a blast discussing books there.
Ironically, not part of the book club but around the same time that we closed down the company, I found the book “The E-Myth Revisited” by Michael E. Gerber. I got to admit that it was both funny and sad to see so many of the mistakes I’ve done as an entrepreneur clearly written down in this small book released 25 years ago. It was so mind-opening that it took me a few months to process everything I got out of it and to fully relate to it. Finally, I was able to record a review of the book which you can find through the link below. I have 3 more upcoming videos covering various ideas from it which will be released on my YouTube channel in the next weeks.
I’m gonna leave you with a quote from Steve Jobs:
“People think focus means saying yes to the thing you’ve got to focus on. But that’s not what it means at all. It means saying no to the hundred other good ideas that there are. You have to pick carefully. I’m actually as proud of the things we haven’t done as the things I have done. Innovation is saying no to 1,000 things.”

The E-myth Revisited - Book Review
The E-myth Revisited - a Must-read for Business Owners | Book Review
The E-myth Revisited - a Must-read for Business Owners | Book Review
Challenges for Good Events
As part of the organization leading up to the Hackathon for Good 2021 which I am again co-organizing, we started hosting a series of events discussing the challenges we are going to work on in November. The first event with guests from the Ministry of Defense and Invisible Foods happened last month but the next one is on the 8th of July. You can sign up for it here.
Challenges for Good event
Challenges for Good event
Stork Talks Interview
Artificial Intelligence by Stork Talks Podcast
Have you seen the Moon from the ISS?
I have to share with you this picture of the Moon from the ISS. Sadly, I have no involvement in its taking.
The Moon pictured from the International Space Station. Photo: NASA
The Moon pictured from the International Space Station. Photo: NASA
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Bobby Bahov

Hi, I'm Bobby Bahov, a tech entrepreneur and business advisor. I create content and share information about exponential technologies, business, innovation, and sustainability.

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