Founder of Fintech Startup CrowdCandy 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. Jake Stevens, founder of fintech startup CrowdCandy, shared valuable insights during our interview that will inspire and motivate aspiring entrepreneurs.
Business Insights From the Founder of CrowdCandy
What is your #1 piece of advice for startup founders?
“Don't take so much advice. You know your industry/idea better than anyone else; trust your intuition.”
What is the best method you've found to avoid burnout as an entrepreneur?
“Find friends on the same path. That three-day weekend won't fix your burnout half as well as 10 minutes of belly laughter with a good friend.”
What is your advice for coming up with a unique startup idea?
“Think about the problems you have in your life. Find out if other people have the same problem. Then think about the quickest solution. Then think about a solution 10x better. Then build that.”
What is your advice for overcoming challenges and failure?
“When things go wrong, genuinely see that as a good thing. There's a lesson waiting for you that you won't see if you're negative about things.”
What is the biggest lesson you learned and what can aspiring entrepreneurs take from it?
“It doesn't matter how much money you raise, how good you think your idea is, or how many people think you'll succeed. A good product and distribution channel(s) are all that matters.”
What is your advice for entrepreneurs seeking funding for the first time?
“We're all just guessing. Some of us will be right, some will be wrong. You belong at the table just as much as that investor.”
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