Today's Entrepreneur

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Today's Entrepreneur: Raed Malhas

No. 1 mistake: Trying to do too much at once

Innovation series by Kristin Karaoglu
March 30, 2012 | Comments
Short URL: http://vator.tv/n/253c

Today's Entrepreneur is Raed Malhas, Co-Founder & CEO, MiNeeds Inc. MiNeeds.com is the fast-growing online service that instantly matches local professionals who bid on needs posted by local consumers.

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

I am a(n):
Entrepreneur

Companies I've founded or co-founded:
MiNeeds.com

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

My favorite startups:
MiNeeds

What's most frustrating and rewarding about entrepreneurship/innovation?
Nothing we ever pursue at our company, MiNeeds, and succeed at comes easy. Each pursuit is always full of challenges. That’s what makes it so intriguing and rewarding. You’re often kept on your toes, you’re always learning, and forever growing. But when you do nail a pursuit, all the effort put in it feels well worth it.

What's the No. 1 mistake entrepreneurs make?
They try to do too much at once, they lose focus on what matters most to make their business successful.

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

Most important lesson I’ve learned is: Less is more. Meaning: focus, focus focus, do one heck of a job at the few things that matter most to make the business successful, and don’t worry about all the other things that you *could* be doing.

Second is: Perseverance. Everything will be challenging, stay at it, until you nail it no matter how long it takes. Remember Edison, we won’t have “light” if it wasn’t to his perseverance.

Third: Hire the best team you can attract, and do everything you can to retain and inspire them. If you’re going to build an incredible company, you need brilliant people with you.
(Want to be profiled? Just fill out your Vator profile and we'll find you! Or you can email [email protected])

Related companies, investors and entrepreneurs

11523
MiNeeds.com
Startup/Business
Description: MiNeeds.com is the fast-growing online service that instantly matches local professionals who bid on needs posted by local consumers. MiN...
110726
Raed Malhas
Co-Founder & CEO,
MiNeeds Inc.

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