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 Guillermo Cornejo of Riders Share that will inspire, motivate, and teach aspiring and established entrepreneurs alike.
What advice do you have for aspiring entrepreneurs?
“Really question why you are doing it — glory and money are not good reasons to do it. A good reason to do it is having subject matter expertise that confers your team [with] an insurmountable competitive advantage.”
What is the best method you’ve found to avoid burnout as an entrepreneur?
“Rest! You can’t work 200-hour weeks forever. You are not supposed to. Have a life. Every entrepreneur likes to talk a big game, but even Elon Musk spends time with his kids.”
What is your advice for coming up with a unique startup idea?
“Look for difficult problems that only you can solve and big markets to monetize these problems.”
What is your advice for overcoming challenges and failure?
“It’s totally normal to fail. I failed twice before relaunching a third time — it’s just learning.”
What is the biggest lesson you learned and what can aspiring entrepreneurs take from it?
“If you are a first-time entrepreneur, know this: you know nothing. Be humble!”
- Check out Riders Share’s company profile!
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- Start your own startup by reading our How to Start a Startup guide.
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