Founder of HR Tech Startup Chatkick Shares Their Top Insights
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. Daniel Jakaitis, founder of HR tech startup Chatkick, shared valuable insights during our interview that will inspire and motivate aspiring entrepreneurs.
Business Insights From the Founder of Chatkick
What is your #1 piece of advice for startup founders?
“I've only been at this for a year, so take this with a grain of salt: Everything takes a lot longer than you think. Closing new business, building new features, hiring, etc., all take time to do properly.”
What is the best method you've found to avoid burnout as an entrepreneur?
“Creating a healthy routine has been the most effective. I get up relatively early each day, thanks to having a toddler. And as a result, I go to bed at a reasonable hour. Good sleep combined with exercise helps keep you in it for the long haul.”
What is your advice for coming up with a unique startup idea?
“As weird as it might sound, don't try to be unique. Rarely do truly unique startups succeed. Look at opportunities to be adjacent, complementary to, or remixes of existing ideas.”
What is your advice for overcoming challenges and failure?
“Take a walk. The blood flow and air will help you relax and think more clearly.”
What is the biggest lesson you learned and what can aspiring entrepreneurs take from it?
“Put yourself out there. If you are more introverted, like me, you can make all sorts of excuses to not send that email or introduce yourself at that conference. But asking for help, or introductions, are critical to success. Even the smallest interaction may lead to some random event that could change the course of your startup.”
What is your advice for entrepreneurs seeking funding for the first time?
“My fundraising experience was not like most people's, so I am cautious to give too much advice here. But one thing I would say is to learn how to pitch without a deck or demo. Storytelling is a huge part of the job of a founder. Most investors will have read your materials before they take a call, so focus more on your story.”
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