Founder of Real Estate Startup SolidBlock 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. We were fortunate enough to hear some valuable insights during our interview with Yael Tamar of SolidBlock that will inspire, motivate, and teach aspiring and established entrepreneurs alike.
What advice do you have for aspiring entrepreneurs?
“I would say the most important skill for an entrepreneur is to focus, stay true to their course, and make important decisions in a timely but not rushed manner. I think every entrepreneur needs to have a partner or an advisor they can talk these decisions through.
Keeping in mind their overall vision which needs to be as clear as day and that vision needs to be driven by something within the entrepreneur, a part of their ethos and something they want to deliver to the world.”
What is the best method you've found to avoid burnout as an entrepreneur?
“I recently interviewed actor Hill Harper on our podcast. He suggested that in order to get the most out of each event in our lives, we must practice ‘sequential mastery.’ I can’t do everything at once, but if I focus and do things sequentially, whenever I’m doing that one thing, that is all I’m doing.”
What is your advice for coming up with a unique startup idea?
“Base it on the problem you (and also a large group of other people) have rather than on a solution you can provide.”
What is your advice for overcoming challenges and failure?
“Firstly, I believe that the team you build around you is the key to the success of any new start-up. If you don’t have people working with you whom you trust, you will not be able to overcome the difficulties you will likely face along the way. If you have a weak team, the first solution, in my opinion, would be to either replace the personnel, reassign roles, or regroup. Once you have a fantastic team and a shared passion for the vision, you can pivot your solution to a better product that is market-fit and lead your company to success.
Secondly, the reason certain startups are successful in scaling up is the fact that they know how to acknowledge their own failures, learn from them, and turn them around. A startup is, in fact, an experiment, and if you fail early on, it will actually help you get closer to success. So, my advice is that every time you fail, you shouldn’t let it cast a shadow of doubt on your ability to lead a successful startup.”
What is the biggest lesson you learned and what can aspiring entrepreneurs take from it?
“Success is an internal feeling of satisfaction with myself and where I am. It doesn't mean stopping. It doesn't mean losing ambition. It means to me that I will have succeeded in reaching some of my important goals, mainly delivering value via technology products or services that change the lives of some people for the better.”
What is the best advice you've ever received?
“You need to remember that you are in charge and that it’s in your hands to become one of the greatest entrepreneurs. It’s your responsibility to lead the way to grow a truly wonderful business — one that will generate revenues and value for your clients, upside for investors, and provide you, your co-founders, and employees with a true sense of achievement and satisfaction. But it is just as important to remember to make sure you have fun while doing this. It’s not worth doing anything unless you wake up in the morning and enjoy what you do. Your enjoyment will be reflected in your work, output, and health.”
Next Steps:
- Check out SolidBlock’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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