Founder of Travel Startup Ravel 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. Brice Dreamer, founder of travel startup Ravel, shared valuable insights during our interview that will inspire and motivate aspiring entrepreneurs.
What is your #1 piece of advice for startup founders?
“Find a support network with founders like you. You will be struggling and trying to solve many of the same problems. These people can and will help you, and you will do the same.”
What is the best method you've found to avoid burnout as an entrepreneur?
“There is always more you can do, but there is a limit. Set targets and goals, and celebrate when you achieve them. If you don't achieve them, don't worry — take a step back and reassess where the priorities are and see how you can change the way you work and what you work on. Your mind and body will thank you.”
What is your advice for coming up with a unique startup idea?
“Go look what people are looking for and see how you can solve their problems. That means no workshops or staring at computer screens. Get out and speak to people in their daily lives/work and find the inefficiencies and annoyances. Then see how much they're willing to pay you to solve those problems. Doesn't need to be elegant or mindblowing — just solve a problem.”
What is your advice for overcoming challenges and failure?
“Most of entrepreneurship is about finding the quickest way to fail because then you can use your time moving forward from there. When you stop failing, then you know you're on to something big. So embrace fails because it means progress. And when you do come across challenges, learn as much as you possibly can from them so you can avoid them in the future.”
What is the biggest lesson you learned and what can aspiring entrepreneurs take from it?
“You cannot do everything yourself, and you will never be an expert in everything. Don't waste your time trying to learn every aspect of building and running a business but instead focus on the problem you are solving and learn from your customers. Depending on your background, find others who share a vision with you and work together. Don't be afraid to share your idea because it's all about execution. If you have that amazing team next to you, then you can reach success much quicker, and of course, you have people with you to share the glory!”
What is your advice for entrepreneurs seeking funding for the first time?
“For most projects, you can validate your product before you even build your MVP. You don't need funding to validate through questionnaires and chatting with customers. You don't need funding for a basic design or prototype you can put in front of people. If you can already start to solve the problem of your customers with existing services and products out there, use them. Because you'll find you can already build your basic offering with minimal investment. Once you have traction, you can reach out to angel investors in your industry who would be impressed with your solution, and they can help you with money and experience to build your product. But don't focus on this before you have something to show, or you will be wasting your time.”
Tell Us Your Startup Story
Are you a startup founder and want to share your entrepreneurial journey withh our readers? Click below to contact us today!
Next Steps:
- Check out Ravel’s company profile and ways to support them!
- Hear startup stories from real founders on the Startup Savants podcast.
- Keep up with more startup companies by visiting our list of the top startups to watch.
- Form your own startup by reading our review of the best online incorporation services.
