Insights From the Founder of Fintech Startup Exirio
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 David Martinez de Lecea of Exirio that will inspire, motivate, and teach aspiring and established entrepreneurs alike.
Overview of The Flatwork
What advice do you have for aspiring entrepreneurs?
“There is just no replacement for taking a leap of faith and doing it. Only then [can] one find out what the real challenges and problems to be solved are. A three- to six-month period before as a side gig is acceptable. After that, just do it — what’s the worst thing that could happen? That you have to close down the business and do something else? Life is short.”
What is your advice for entrepreneurs in your industry specifically?
“The finance industry is changing at an unprecedented pace. Blockchain is but one of the many factors driving this wave. The result is and will increasingly be a new set of needs, both for individuals and companies. Look for and anticipate these needs to find out where you can have the most impact.”
What is your advice for coming up with a unique startup idea?
“Despite common beliefs, I believe that what is truly unique about a successful startup is not the idea but the ability to put together the right team that can see the project through its implementation.”
What is your advice for overcoming challenges and failure?
“Challenges and failure are 100% inevitable. Don't fear them — embrace the lessons that come with them, reminding yourself that if you don't fail, then you never really tried.”
What is the biggest lesson you learned and what can aspiring entrepreneurs take from it?
“No matter what business you decide to start, the most important thing is to create the right team from the start. Of course, mistakes will be made, but it's important to recognize them early and to waste no time in correcting them.”
Next Steps:
- Check out Exirio's 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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