How I Lost All My Money Manufacturing My First Product 10 Years Ago
Timestamps:
00:00 I lost everything
00:15 Moving to China with $500
00:45 Hustling to fund my idea
01:20 The headphone idea
01:50 Early success and confidence
02:40 Launching the campaign
03:20 $20K on day one
04:00 Feeling unstoppable
04:30 The prototype arrives
05:00 Everything falls apart
05:30 Forced to refund everyone
06:00 The lowest point
06:30 The big realization
07:00 From failure to business
07:40 Building Morpho
08:30 Lessons from 10 years
09:30 Why most founders fail
10:00 Build it the right way
10:30 Final takeaway
I lost every dollar trying to manufacture my first product in China. What started as a promising idea turned into a complete failure: bad prototypes, wrong assumptions, and costly mistakes.
In this video, I break down exactly what went wrong, what I learned over the last 10 years, and how you can avoid making the same mistakes when building your own product.