From Product Manager at Facebook, Uber, and Tesla to Founder: Embracing Failure as a Path to Success

As a seasoned product manager and entrepreneur with experience at Facebook, Uber, and Tesla, I've learned that great things are never built by those who knew how to do them all along, but by those who have the resilience and grit to try, fail, iterate towards their mission.

1. Great things are built by people who have resilience and grit to try, fail, and iterate towards their mission.
2. Sisun Lee is the founder of Morelabs and Ramper, previously a product manager at Facebook, Uber, and Tesla.
3. He attended Waterloo, an engineering school in Canada, known for its co-op system of alternating between work and study every four months.
4. Dropped out for a year to explore and interned at Facebook as a data analyst after realizing he didn't enjoy academics.
5. Joined Facebook as a Rotational Product Manager (RPM) upon graduation, where he learned the essentials of product management by rotating through three different projects with a mentor.
6. His first project at Facebook was Internet.org in emerging markets like India and Southeast Asia.
7. His mentor encouraged him to visit Africa to gain insights about the market directly, leading to a better understanding of the user base.
8. Worked as a staff product manager under the Growth Team at Tesla, focusing on accelerating growth through e-commerce and optimizing Tesla.com for more sales.
9. His role as a PM involves identifying the most impactful thing to do to drive throughput and executing on it, even if it means being wrong many times before being right.
10. Started Morelabs as a side project while working at Tesla, inspired by his experience with hangover recovery products in South Korea.
11. The side project gained traction and started generating significant revenue, eventually leading to the founding of Morelabs.
12. The first two years of Morelabs were a whirlwind of growth, hiring, and attempting to raise funds.
13. In the third year, Sisun decided to focus on building a technology-driven e-commerce business rather than following the Red Bull model, which he later realized was not the best fit for the company
14. During the COVID-19 pandemic, Morelabs' revenue dropped by 90%, and the initial plan was to cut costs significantly, including laying off employees.
15. However, they decided against it to maintain company culture and morale, instead focusing on ruthless prioritization and saying no to non-essential projects.
16. Sisun stepped down as CEO when he realized his intrinsic passion lay in technology and product management rather than sales and marketing.
17. Transitioned the role to a qualified internal candidate who was already leading the retail organization, ensuring a smooth handover without any departures from the team.
18. Sisun took time off to explore and rediscover his interests after leaving Morelabs.
19. He is now considering new ventures that align with his passions, focusing on novelty and exploration.
20. Sisun believes in the importance of having a mission-driven attitude and the resilience to try, fail, and iterate towards success.

Source: EO via YouTube

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