Derrick Fung

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Derrick Fung is the co-founder and CEO of Tunezy - a website where fans can gain access to exclusive experiences with their favourite YouTubers. Derrick is a top 20 under 30 entrepreneur named by Profit Magazine and a former investment banker.

15 Reasons Why Startups Are Hard

Today I read an interesting article on LinkedIn on why startups aren’t all that glamorous and often run on fear. It’s true. Having been a “startup guy” for the last year and a half, I’ve learned that although starting a company is fun and exhilarating, it’s also one of the hardest things I’ve ever had to do. I’ve written a few posts about the finer things of startup life but often don’t speak about some of the challenges. Entrepreneurs like Mark Zuckerberg, David Karp and Kevin Systrom make it seem like a piece of cake, but it’s a lot harder than it seems. Here are some reasons why starting a company can be hard (but you should still do it). Some are things we’ve faced as a company, but many are things others I’ve met have faced as well: