Insights From the Founder of Fintech Startup DOKKA

Founder of DOKKA.

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 Eric Edelstein of DOKKA that will inspire, motivate, and teach aspiring and established entrepreneurs alike.

What advice do you have for aspiring entrepreneurs?

“Find the right people to fill the gaps for the areas you aren’t strongest at.”

What is the best you’ve found to avoid burnout as an entrepreneur?

“Don’t try to do everything. Focus on what is important, and delegate as much as possible.”

What is your advice for coming up with a unique startup idea?

“Speak to people about the problems they are having, and then see if the problem is applicable to a wider audience.”

What is your advice for overcoming challenges and failure?

“Take every failure and setback as an opportunity for learning and growth.”

What is the biggest lesson you learned and what can aspiring entrepreneurs take from it?

“Failure comes from quitting. Obviously there are often reasons which compel you to stop, but too often, entrepreneurs quit too early. If you keep going and fix the strategy if required, pivot the business if required, raise more funds if required, then you’ll have a chance at success. If you quit, the chance is gone.”

What is the best advice you’ve ever received?

“Spend time upfront ensuring the people you want to bring into your business are right for the business.”

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