The author reflects on a challenging entrepreneurial experience after raising over $40K for a product that turned out to be a financial burden due to high operational costs. Despite initial excitement about their accomplishments, the reality revealed significant losses in profits. The author questions the value of their role as an industry mentor, prompting self-reflection on the expectations and responsibilities that come with such a title, and whether their contributions truly benefit the community or are superficial in nature.
I raised over $40K to mass produce a product I designed, celebrating what I thought was a great achievement, but operational costs left me in the red.
As an 'industry mentor', I question what genuine impact we can make - is it enough to just write articles and share advice?
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