Article · 9 min read

Depression, Fear, Failure & Isolation: The Other Side Of Entrepreneurship

Entrepreneur India staff (with Purushartha Saini, Jyoti Agarwal, Chaitanya Ramalingegowda) · Entrepreneur India Free Beginner India

This is the Indian version of the exact spiral the question is about, in founders' own words. Purushartha Saini (IIT Bombay, Pracman) describes how repeated startup failures collapsed into I will fail at everything and I was born to get defeated: the metric became a verdict on the whole person. It is honest, first-hand, and names how a mentor helped him separate the business outcome from his identity, which is precisely the load-bearing wall this answer is trying to build.

  • Purushartha Saini watched startup failures harden into I will fail in everything, the exact fusion of a bad result with total self-worth
  • Chaitanya Ramalingegowda (Wakefit) and Jyoti Agarwal (Maa2Mom) show this is common among visibly successful Indian founders, not a personal defect
  • Recovery came from a mentor who helped separate the business failure from the self, proving the identity and the outcome are two different things

It answers 2 questions

  1. How do I stop my identity from being completely fused to my startup so a bad week doesn't feel like I'm worthless?
  2. How do I handle the shame and what family and relatives will say when my startup fails in India?

Read with it

  1. Jeff Wald went bankrupt when his first startup collapsed, then built and sold WorkMarket to ADP, so this is not theory. His... First Round Review Article · About a 15 minute read Founder Exposed: Opening Up About Startup Failures and Vulnerability Jeff Wald
  2. This is the clearest naming of the exact trap in the question: Gorman, a therapist who works with founders, calls it identity... Ingmar Gorman (psychotherapist for entrepreneurs) Article · 10 min read When the Startup Becomes You: Burnout, Founders' Identity, and Therapy for Entrepreneurs Ingmar Gorman, PhD
  3. Colonna is the VC-turned-coach founders actually trust on this, and here he tells it from the inside: after losing his... On Being Podcast · 51 min listen (full transcript available) Can You Really Bring Your Whole Self to Work? (Jerry Colonna) Jerry Colonna, interviewed by Krista Tippett
  4. When the advice is 'find two or three founders who have shut down and talk to them,' this is where you actually find them. It... founderpledge.com Tool · Directory, 80+ resources Founder Mental Health Pledge: Resources Directory Founder Mental Health Pledge
eChai Partner Brands The partnership →