Tom Popomaronis
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Tom Popomaronis

Founder & CEO of Auctionopia

Phoenix, Maryland, United States
Member since August 28, 2012
Quote
Greek-American entrepreneur building a true social commerce legacy. Quote_down
About Tom
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Company profile(s)
Education
2008 Virginia Wesleyan College , BA , Business, Management, & Economics

I am a(n):

First-time entrepreneur

If you are an entrepreneur, why?

You're in control of your life and destiny. There's something surreal about looking back on a successful company and thinking, "This was mine. I built this.".

My favorite startups:

Square, Stripe, Angel.co., Warby Parker (My favorite glasses)

What's most frustrating and rewarding about entrepreneurship/innovation?

As much control as you have being in the driver's seat, there are so many intangible obstacles that can be a significant setback. However, overcoming those unforeseen hurdles is what defines us and is unbelievably rewarding.

I like the challenge of turning lemons into lemonade.

What's the No. 1 mistake entrepreneurs make?

I'll tell you the one mistake I made early on - I thought I knew everything. I had a novel idea, great plan, and well-defined strategy, so naturally I didn't think needed to learn anything. That couldn't be further from the truth.

It was, and still is, quite humbling how off base I was. We learn every day and I crave that knowledge.

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

1) Work hard, work harder.
2) From day one, surround yourself with a team that can make you and your organization stronger. Think long-term.
3) It's okay to pivot. Those who adapt to the market most efficiently yield an ever better product/solution.