Insights From the Founder of AI Startup Bucephalus
Last Updated: By TRUiC Team
Any entrepreneur can tell you, launching a startup is a learning process. Therefore, one of the best things you can do prior to launching a startup of your own is to learn from those who have blazed the trail. We were fortunate enough to hear some valuable insights during our interview with Nicholas DeGiacomo of Bucephalus that will inspire, motivate, and teach aspiring and established entrepreneurs alike.
What advice do you have for aspiring entrepreneurs?
“Don't be afraid to talk about your idea with everyone. Get feedback and listen to their advice — everyone has their two cents. Try to understand the root of the comments — many people find it awkward about providing negative feedback and aren't always forthcoming with how they really feel.
That said, at the end of the day, it's your decision. You will get advice that tells you to go left one day, and other [advice] that says to go right five minutes later. You need to filter the noise. Everyone’s journey is different. Take in the data, process it, make a decision, don’t look back.”
What is your advice for entrepreneurs in your industry specifically?
“Love your customers. Talk to your customers. Do what’s best for them and focus on growth when it’s right for your company. Don’t chase vanity metrics.”
What is your advice for coming up with a unique startup idea?
“Build a Venn diagram of your interest and passions, skills, and experience. Think about problems you’ve encountered within that space. It’s okay to start with half an idea, just go out and start talking to customers. You’ll get new ideas really quickly. Don’t be afraid of learning something new along the way!”
What is your advice for overcoming challenges and failure?
“I’m the type of person who is motivated by failure and doesn’t like to experience the same failure twice. That doesn’t work for everyone. [The] best advice would be don’t take it personally. Break down problems into their simplest parts. Try not to set binary goals. Use the failures as a learning opportunity and accept it is part of the process.”
What is the biggest lesson you learned and what can aspiring entrepreneurs take from it?
“I mentioned this previously, but the biggest lesson I learned was not to be afraid to ask people for help. Building a startup requires a village. Get others involved in your journey. Entrepreneurship is too lonely otherwise!”
Next Steps:
- Check out Bucephalus' company profile and ways to support them!
- Keep up with more startup companies by following Startup Savant on Google News!
- Start your own startup by reading our How to Start a Startup guide.
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