Founder of Fashion Tech Startup Lookerz 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. Svitlana and Miloslav, founders of fashion tech startup Lookerz, shared valuable insights during our interview that will inspire and motivate aspiring entrepreneurs.
Business Insights From the Founder of Lookerz
What is your #1 piece of advice for startup founders?
“Be patient and enjoy the journey, it takes more time and money than expected, but it's worth it.”
What is the best method you've found to avoid burnout as an entrepreneur?
“I personally like yoga and meditation, it helps me to turn off my brain and relax.”
What is your advice for coming up with a unique startup idea?
“Maybe you should check why no one is doing what you consider unique. It's getting quite hard to pick a really good idea. Unique and valuable Insights are far more important than ideas, and I would consider looking for those. Maybe you find better ideas on how you can improve/innovate existing startups and use their experience to your advantage.”
What is your advice for overcoming challenges and failure?
“Imagine that it's just a game, like a computer game, and you just failed to get to the next level, but it doesn't mean that the game is lost, you just need to play that level again and again until it's completed. You can't avoid failures, so don't stress too much over them, just try to concentrate more on how you can solve them and avoid in the future.”
What is the biggest lesson you learned and what can aspiring entrepreneurs take from it?
“More than any investment you need a great team around you, try to concentrate on that. You might get lucky, but your odds would increase when you have great people around you.”
What is your advice for entrepreneurs seeking funding for the first time?
“Be ready for a ‘no,’ and it's okay to get it even 100 times, especially in this economic situation in the world. Work on your pitch, talk to other founders, check their pitch decks, see what you can improve — and then pitch again and again.”
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