Founder of Health Tech Startup iLoF 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. Luís Valente, founder of digital health startup iLoF, shared valuable insights during our interview that will inspire and motivate aspiring entrepreneurs.
Business Insights From the Founder of iLoF
What advice do you have for aspiring entrepreneurs?
“Accept failure as part of the journey. Embrace it and make sure you (and everyone around you) are able to learn from mistakes.”
What is the best method you've found to avoid burnout as an entrepreneur?
“Family support (keeping your family close).”
What is your advice for coming up with a unique startup idea?
“Although true breakthrough idea generation is hard and mostly a natural/organic process (hard to replicate), keeping an innovation mindset is a process that helps (keep looking for unmet needs).”
What is your advice for overcoming challenges and failure?
“Be persistent and patient — it takes time and effort to really reach success (doing what you love really helps with that).”
What is the biggest lesson you learned and what can aspiring entrepreneurs take from it?
“You need to accept that you will fail and make lots of mistakes, and be ready to learn and grow. Even as a CEO, as the company grows and changes, what is required from you will change (and you will be required to adapt your skills/grow into the job)”
What is the best advice you've ever received?
“Find out what you want to accomplish before you start (‘If a man knows not which port he sails, no wind is favorable’).”
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