Insights From the Founder of Software Startup ThinkNimble
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 Marcy Ewald of ThinkNimble that will inspire, motivate, and teach aspiring and established entrepreneurs alike.
What advice do you have for aspiring entrepreneurs?
“Stay true to what makes you happy. Don't feel the pressure to become a unicorn or a startup icon. Find an appropriate work-life balance. The more people we have actually doing things that they love, the better ideas that will be out there and the better our world will be.”
What is your advice for entrepreneurs in your industry specifically?
“This industry will almost certainly be disrupted in five years. Generally, apps are going to go the way of media and content, where it's more about what is in it than how it is built. Focus on the purpose of the tech, and the purpose of what you're developing is going to end up being a longer-term differentiator.”
What is your advice for coming up with a unique startup idea?
“Become an industry expert first. And if you can't do that, then partner with one. Once you're an expert in an industry, you can find 100 unique ideas. And then remember, there is likely going to be someone out there with your idea. The uniqueness of it is not as important as the effort you put into it, differentiation you can bring to it, and your ability to get others to love and advocate for it.”
What is your advice for overcoming challenges and failure?
“Managing failure is more about what space can you give yourself to actually reflect on who you want to be in a situation and then show up acting like that person. So even if there's a failure around you, if you're being the person you want to be, then those failures will eventually culminate in something good. It's all a learning opportunity.”
What is the biggest lesson you learned and what can aspiring entrepreneurs take from it?
“The lesson that the universe keeps throwing in front of me is to figure out how to delegate well. Take something you think only you can do and give it to someone else that is better at it than you are. As an entrepreneur, you should be putting yourself out of a job every six months, and the only way to do that is to figure out how to deconstruct the "magic" you think you bring and pass it off to other people. And if you can't do that, your business can't scale beyond you.”
Next Steps:
- Check out ThinkNimble’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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