Today's Entrepreneur

Today's Entrepreneur: Reena Jadhav

No. 1 mistake: Building a 'nice to have' and not a 'painkiller'

Innovation series by Kristin Karaoglu
May 9, 2011 | Comments
Short URL: http://vator.tv/n/1a28

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Vator’s community is the home to entrepreneurs who embrace their passion and follow their dreams.

Our newly-designed profiles allow members to express themselves by sharing their interests, lessons learned, as well as bits and pieces of their roller-coaster journey.

These profiles give entrepreneurs an opportunity to showcase themselves and tell their story.

So if you are an entrepreneur, a serial entrepreneur, or even an aspiring entrepreneur, we'd like to hear from you.

Today’s entrepreneur is Reena Jadhav,  CEO and founder of nuAlerts

According to her VEQ, Reena is a thought leader and is good at marketing management and team motivation

I am a(n): Entrepreneur


Name companies you've founded or co-founded:
Done, JobFlash, nuResume, nuAlerts


Name companies you've invested in:
JobFlash, nuResume, nuAlerts, nuVIPClub


Name startups you worked for:
Conduit, Done, JobFlash, nuAlerts, nuVIPClub

If you are an entrepreneur, why?
I want to change the world.

List your favorite startups:
SeeClickFix, ShopKick, nuVIPClub

What's most frustrating and rewarding about entrepreneurship/innovation?
Exhilarating to see positive impact of my ventures on those who most need change.

Frustrating and humbling to realize there isn't really a proven formula for start-up success. That even great ideas and products don't always get adopted or see success. But working 24/7 to create that "magic" formula for success over and over again has its own appeal for entrepreneurs like me.

What's the No. 1 mistake entrepreneurs make?

#1 Mistake - Underestimating - from how much to raise to how long something will take.

#2 Mistake - Building a "nice to have" and not a "painkiller". Insufficient customer research coupled with subjectivity and a dollop of short sightedness. But then again some great companies have emerged from just such a birthing ground...

#3 Mistake - Not course correcting fast enough.

What are the top three lessons you've learned as an entrepreneur?

1. Solve a Real Customer. Focus - Focus - Focus.

2. Business Model is key!

3. Hire the best and fire fast.


Related companies, investors and entrepreneurs

Plogo_nuresume_logo_nualerts jpg (4)
nuAlerts
Startup/Business
Description: nuAlerts helps businesses and communities get the word out more effectively by combining best of breed marketing solutions into one accou...
135
Reena A Jadhav
Advisor,
Riiwards
Bio: Reena is a serial entrepreneur with a passion for game-changing, value-creating ideas. She's currently spending sleepless nights on nuVIP...

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