Entrepreneurship · Advisors

What is your best advice for first time entrepreneurs?

Alejandro Cremades Executive Chairman at CoFoundersLab

August 28th, 2016

A good friend is taking the leap of faith and starting her own business. Would love to hear your words of wisdom so that I can share with her :)

Joe Albano, PhD Using the business of entrepreneurialism to turn ideas into products and products into sustainable businesses.

August 28th, 2016

The biggest reason that startups fail is because they produce a product or service that no one wants. The best way to avoid this is to build, test, refine, and validate a business MODEL - not a business plan. 

Amit Tiwari DME at OTS Solutions

June 15th, 2017


There are some points to consider first time entrepreneurs.

1 - Start a Business you are passionate and knowledgeable about.

2 - Pick a business idea that has a big market opportunity.

3 - Raise much startup funding.

4 - Constantly monitor your finances.

5 - Research competition.

6 - Ask advice from other entrepreneurs.

7 - Hire the right peoples.

8 - Never stop networking.

9 - Provide best customer service.

10 - Hire an experienced startup attorney.

11 - Get comfortable with public speaking.

12 - Focus on building a great products or services.

Ran Fuchs Senior executive passionate about new tech.

July 23rd, 2017

1. Ask the right questions, listen carefully to advice, but form your own answers.

2. Don't run out of cash

Mauricio Garcia Jacques Frequently told to stop reinventing the wheel...frequently proving there are better ways.

January 18th, 2017

Read as many books as possible on successful and failed ventures and related material! so much to learn and helps keep up the motivation.

This is a brief list of my favorites so far: (please share yours!)

The intelligent entrepreneur

Street Smarts'

The Lean Startup

Grit the passion for success



Gabriel Radic 20+ years building product small and large

July 22nd, 2017

Do it. Pull through. Don't give up. It ain't over til it's over.

This first time will set your rhythm and define your approach to entrepreneurship.

Niraj Adhikari Project Associate at Youth Initiative and An Young Entrepreneur

July 18th, 2017

Don't be afraid to make mistakes.Think deep and give it a try. You either succeed or you learn.

James Muntu aspiring entrepreneur

June 10th, 2017

plan ahead first. Do not just leap into business hoping for the best. Have plan A, B, C and D

Daniel Cohen Technical CoFounder

July 19th, 2017

Build the right team. Building a great team Is the most Important part of starting a successful business.

Erik Panu Corporate Vice President at Cadence Design

August 28th, 2016



April 13th, 2017

This is going to sound very weird. But ask her to meditate at least 20 mins a day. When you reduce the chatter of your conscious mind, your mighty subconscious has the opportunity to present you with ideas, information and problem solving. It comes in form of 'Aha!' moments.

Also there will be times when she will panic. When things won't work. But as she learns to quiet her mind and go within, there will emerge a surreal sense of 'Knowing'. With experience of course.

Not to forget health benefits like blood pressure. Not the advice you were expecting I'm sure. :)