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Startup FailWisdom Podcast

By: Startup FailWisdom Podcast
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  • Summary

  • Welcome to the FailWisdom Podcast, where we uncover the untold stories of entrepreneurship. Hosted by Paul King, this show is your guide through the highs, lows, and invaluable lessons learned from failure. With over six years of startup experience, Paul shares candid conversations with founders, advisors, and experts. Join us as we navigate the gritty, unfiltered side of the startup world and glean unconventional wisdom from those who've weathered the storms. Tune in on Spotify for raw, human stories that inspire and empower early-stage founders.
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Episodes
  • Ren Fernando: Championing Kindness and Community through ReLove

    Ren Fernando: Championing Kindness and Community through ReLove
    May 6 2024

    Summary

    Ren Fernando, the co-founder of Re-Love, shares the story behind the organisation and its mission to support people in crisis by providing them with furniture and household items. Re-Love was founded during the COVID-19 pandemic to address the need for furniture for individuals and families setting up new homes. The organisation rescues furniture from corporate relocations and hotels and offers it for free in their store. The impact of having a furnished home goes beyond providing basic necessities; it gives people a sense of dignity, stability, and the opportunity to rebuild their lives. Ren's personal experiences and empathy drive her to help others, and she believes in the resilience and creativity of individuals facing challenges. Re-Love's work is not just about providing furniture; it is about creating human connections and moments of joy for those they support. Ren discusses the importance of constantly rethinking and adapting their approach to meet the challenges they face.

    They emphasise the need to remove barriers and provide free services to support those in need. Funding and organising volunteers are ongoing challenges, but they have found success in creating additional revenue streams.

    Ren also shares insights on being a woman in the startup space and the value of having a co-founder. They highlight the importance of collaboration and environmental responsibility. Building a team and finding funding are key priorities for the future, and the running group continues to provide support and community engagement.


    Links

    ReLove https://www.relove.org.au/

    Ren’s LinkedIn https://www.linkedin.com/in/ren-fernando-848415211/


    Listen on:

    YouTube: YouTube Channel

    Spotify: Spotify

    Apple Podcasts: Apple Podcasts

    iHeartRadio: iHeartRadio

    Amazon Music: Amazon Music

    Socials:

    TikTok: TikTok

    Facebook: Facebook

    Instagram: Instagram

    YouTube: YouTube

    Website: www.failwisdom.com


    Chapters

    00:00 Introduction and Background

    04:20 The Need for Re-Love

    06:50 Expanding Support and Impact

    10:31 The Importance of Furnishing Homes

    14:51 Founding Re-Love During COVID-19

    24:57 The Impact of Personal Experiences

    29:34 The Joy of Helping Others

    32:53 Stories of Transformation

    38:26 Defining Success and Overcoming Challenges

    40:41 Constantly Rethinking and Adapting

    45:16 Removing Barriers and Providing Free Services

    45:58 Organising Funding and Volunteers

    48:41 Creating Additional Revenue Streams

    52:02 Challenges of Funding and Staffing

    54:35 Women in the Startup Space

    01:00:17 The Importance of Collaboration and Environmental Responsibility

    01:06:50 Building a Team and Finding Funding

    01:12:23 The Value of Having a Co-founder

    01:15:51 The Running Group and Community Support
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    1 hr and 17 mins
  • Navigating Human Rights Challenges: Insights from Rights Intelligence's Founder

    Navigating Human Rights Challenges: Insights from Rights Intelligence's Founder
    Apr 29 2024
    Summary Anne-Marie Brook, founder and CEO of Rights Intelligence, shares her journey from being a senior economist to a social entrepreneur. She discusses the challenges she faced in transitioning to entrepreneurship and the need to commercialise data to increase revenue. Anne-Marie's drive to advocate for human rights stems from her experiences in Peru and her interest in understanding systemic issues. She highlights the challenges of working in the human rights field and the importance of creating a steward-owned company to protect the social mission of the organisation. In this conversation, Anne-Marie Brook discusses various topics related to human rights, social impact, and entrepreneurship. The conversation covers the transition of OpenAI, funding challenges and advice, setting up the right structure, the relationship with capitalism, funding challenges in the philanthropic world, dealing with funding setbacks, the value of setting goals, rewarding experiences in human rights and social impact, dealing with burnout and stress, lessons learned in founding HRMI and future plans and call to action. Takeaways Transitioning from a stable career to entrepreneurship requires overcoming the fear of failure and trusting your instincts.Advocating for human rights often involves navigating political challenges and funding constraints.Experiences in different countries can shape one's perspective and drive to create systemic change.Commercialising data can be a viable strategy to increase revenue and expand the impact of social organisations.Steward-owned companies provide a structure to protect the social mission of an organisation. Setting up the right structure from the beginning can help avoid problems in the future.The philanthropic world can be challenging to navigate when seeking funding, but it's important to have conversations with potential investors and foundations.Failure is a part of the learning process, and it's important to iterate and adapt based on feedback.Taking care of mental well-being is crucial for founders, and strategies like healthy eating, exercise, and meditation can help maintain resilience.Having a clear ask and offer when talking to potential investors or partners is essential. Contact Anne Marie https://www.linkedin.com/in/anne-marie-brook/ Email: anne-marie.brook@rightsintelligence.com https://www.rightsintelligence.com/ https://humanrightsmeasurement.org/ Listen on: YouTube: YouTube Channel Spotify: Spotify Apple Podcasts: Apple Podcasts iHeartRadio: iHeartRadio Amazon Music: Amazon Music Socials: TikTok: TikTok Facebook: Facebook Instagram: Instagram YouTube: YouTube Website: www.failwisdom.com Enjoyed this episode? Subscribe/follow our podcast for more insightful discussions on startups and entrepreneurship. Leave a review on your favourite podcast platform to let us know what you think! Disclaimers: The views and opinions expressed in this podcast are those of the hosts and guests and do not necessarily reflect the official policy or position of the podcast owner or sponsor. Any content provided is for informational purposes only and should not be interpreted as professional advice. Always consult with a qualified professional for specific advice tailored to your situation. Chapters 00:00 Introduction and Background 01:03 Journey to Founding HRMI and Rights Intelligence 08:09 Commercialising Data and the Creation of Rights Intelligence 10:38 The Need for Increased Revenue and the Creation of Rights Intelligence 11:06 Overcoming the Fear of Failure 16:38 The Drive to Advocate for Human Rights 21:26 Challenges in Human Rights Work 23:03 Steward-Owned Company Model 25:24 Rebel's Move and Elon Musk's Offer 26:22 Transition of OpenAI 26:27 Funding Challenges and Advice 27:20 Setting Up the Right Structure 28:40 The Relationship with Capitalism 30:54 Funding Challenges in the Philanthropic World 33:30 Dealing with Funding Setbacks 34:18 The Value of Setting Goals 35:48 Rewarding Experiences in Human Rights and Social Impact 40:41 Dealing with Burnout and Stress 43:29 Lessons Learned in Founding Hermi and Rights 44:30 Future Plans and Call to Action
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    49 mins
  • Breaking Barriers: Pia's Journey from Addiction to Advocacy

    Breaking Barriers: Pia's Journey from Addiction to Advocacy
    Apr 22 2024
    Summary Pia, co-founder of Clean Slate Clinic, shares her personal journey and the challenges of addiction. She discusses the stigma and culture surrounding alcohol consumption and the impact of childhood trauma on addiction. Pia also talks about her experience as an accidental founder and reluctant CEO, as well as the challenges of capital raising for a social enterprise. She provides advice for social enterprise startups and highlights the importance of building supportive networks within the industry. In this conversation, Pia discusses the importance of investing in the right people and targeting the right investors. She emphasises the need to start early conversations with potential investors and build a network of supporters. Pia also shares the lesson of strategically planning for funding growth and the pros and cons of investment. The conversation highlights the stigma and barriers to access faced by cultural communities and the LGBTQI+ community. Pia explains the comprehensive care provided for alcohol and stimulant addiction and the ineffectiveness of the war on drugs. Lastly, she shares her windsurfing license and discusses coping mechanisms for stress. Links Lifeline: phone 13 11 14 Website: www.lifeline.org.au/ https://www.cleanslateclinic.comhttps:// www.linkedin.com/company/clean-slate-clinichttps:// www.instagram.com/cleanslateclinic/https:// www.facebook.com/Cleanslateclinic/ About Clean Slate Clinic: Clean Slate Clinic is a Social Enterprise with a mission to tear down barriers to accessing addiction treatment services. They are doing this through innovating the model of service delivery for clients struggling with dependence on alcohol, stimulants and cannabis. Clean Slate Clinic provide clinical services that are delivered fully at home, using virtual care, enabling clients to continue to work & live whilst they receive long-term support from experienced doctors and nurses. This model is demonstrating incredible results, with low levels of relapse and high client satisfaction. Listen on: YouTube: YouTube Channel Spotify: Spotify Apple Podcasts: Apple Podcasts iHeartRadio: iHeartRadio Amazon Music: Amazon Music Socials: TikTok: TikTok Facebook: Facebook Instagram: Instagram YouTube: YouTube Website: www.failwisdom.com Chapters 00:00 Introduction and Background 03:29 Personal Journey and Co-founding Clean Slate Clinic 07:54 Providing Help for Addiction and Overcoming Challenges 08:55 The Impact of Alcohol and Drug Addiction 10:18 The Stigma and Culture of Alcohol Consumption 12:02 Childhood Trauma and Addiction 14:23 Dealing with Trauma and its Effects 16:12 Accidental Founder and Reluctant CEO 27:52 Finding Funding from Impact Investors 31:08 Advice for Social Enterprise Startups 32:17 Investing in the Right People 33:05 Start Early Conversations with Potential Investors 34:04 Strategically Plan for Funding Growth 35:03 The Importance of Investment for Accelerated Growth 37:17 Consider the Pros and Cons of Investment 39:20 Stigma and Barriers to Access in Cultural Communities 42:09 Stigma and Barriers to Access in LGBTQI+ Community 44:25 Comprehensive Care for Alcohol and Stimulant Addiction 49:00 The Ineffectiveness of the War on Drugs 54:23 Pia's Windsurfing License and Coping with Stress 57:58 Surround Yourself with Advisors and Supporters Enjoyed this episode? Subscribe/follow our podcast for more insightful discussions on startups and entrepreneurship. Leave a review on your favourite podcast platform to let us know what you think! Disclaimers: The views and opinions expressed in this podcast are those of the hosts and guests and do not necessarily reflect the official policy or position of the podcast owner or sponsor. Any content provided is for informational purposes only and should not be interpreted as professional advice. Always consult with a qualified professional for specific advice tailored to your situation.
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    1 hr
Leadership Economics
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