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 Diego Abba of luxury ecommerce startup Italist that will inspire, motivate, and teach aspiring and established entrepreneurs alike.
What advice do you have for aspiring entrepreneurs?
“Do your research, and if the need is there in the market, take the leap. However, it’s also important to take [a] calculated risk. Not all business ideas are meant to be sound businesses.”
What is your advice for overcoming challenges and failure?
“The ability to immediately identify missteps and work to solve them without pointing blame to team members, while fixing the processes that create mistakes and missteps.”
What is the biggest lesson you learned and what can aspiring entrepreneurs take from it?
- “Be unique — offer something that puts you in your own niche.
- Invest in long-term relationships with your customers by engaging with them in authentic conversations and acting on feedback.
- Be consistent in your messaging about what makes you unique, what makes your value proposition compelling, and why consumers should value what you are offering. Then, and most importantly, execute better than your competition.”
Did you have to develop any habits that helped lead you to success? If so, what are they?
“It is key for a successful venture to minimize failures and, even more importantly, to be able to tackle them immediately and solve them. Personally, the major lesson I have learned is to be zen while working to solve them, regardless of who made them.”
- Check out Italist’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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