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Sian Murray

๐Ÿ‘ค Speaker
447 total appearances

Appearances Over Time

Podcast Appearances

KICPod
How it feels to close down a business - with Pleasant State Co-Founder Sian Murray

And I'm not saying Pleasant State was bad.

KICPod
How it feels to close down a business - with Pleasant State Co-Founder Sian Murray

It was just taking everything from me and to be able to just kind of like put that behind me now and also realise that I actually didn't fail.

KICPod
How it feels to close down a business - with Pleasant State Co-Founder Sian Murray

No.

KICPod
How it feels to close down a business - with Pleasant State Co-Founder Sian Murray

And I'm fine and I'm in a much better position because of it.

KICPod
How it feels to close down a business - with Pleasant State Co-Founder Sian Murray

Like I don't regret it at all.

KICPod
How it feels to close down a business - with Pleasant State Co-Founder Sian Murray

It's just really freeing, so yeah.

KICPod
How it feels to close down a business - with Pleasant State Co-Founder Sian Murray

Yeah, it is.

KICPod
How it feels to close down a business - with Pleasant State Co-Founder Sian Murray

Okay, so I'm going to start with something that's like kind of business basics and less on the emotional side, but it's ditch the vanity metrics, focus on profit, not revenue, which seems so obvious, but...

KICPod
How it feels to close down a business - with Pleasant State Co-Founder Sian Murray

somehow we got sucked into this, like, I think there's this culture around startups and businesses where it's like, how quickly can you scale?

KICPod
How it feels to close down a business - with Pleasant State Co-Founder Sian Murray

How much revenue can you get to?

KICPod
How it feels to close down a business - with Pleasant State Co-Founder Sian Murray

How much of the market can you capture?

KICPod
How it feels to close down a business - with Pleasant State Co-Founder Sian Murray

And I just think we got sucked into it really quickly.

KICPod
How it feels to close down a business - with Pleasant State Co-Founder Sian Murray

And, but also it was because that's what everyone was asking us, like,

KICPod
How it feels to close down a business - with Pleasant State Co-Founder Sian Murray

What's your revenue?

KICPod
How it feels to close down a business - with Pleasant State Co-Founder Sian Murray

Even when we were looking for investment, like how many customers have you got?

KICPod
How it feels to close down a business - with Pleasant State Co-Founder Sian Murray

What's your revenue?

KICPod
How it feels to close down a business - with Pleasant State Co-Founder Sian Murray

People just weren't focusing on profit.

KICPod
How it feels to close down a business - with Pleasant State Co-Founder Sian Murray

And so we were just โ€“ and I understand that there are periods in a business where you might try to grow aggressively.

KICPod
How it feels to close down a business - with Pleasant State Co-Founder Sian Murray

And then, yeah, sure, profit can go down.

KICPod
How it feels to close down a business - with Pleasant State Co-Founder Sian Murray

But this was like constant.