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 John Kim, Founder and Managing Principal at IP Legal Advisors.
According to his VEQ, John is good at negotiation, networking and marketing management.
I am: An Entrepreneur
Name companies you’ve founded or co-founded:
IP Legal Advisors, P.C. (www.ipla.com)
Name companies you’ve invested in:
Apple, JDSU
Name startups you worked for:
IP Legal Advisors, P.C. (www.ipla.com)
If you are an entrepreneur, why?
I’m an independent thinker and I like the freedom of being able to take any business idea or concept into the marketplace to see, if through proper execution of my business strategy, it will be successful.
List your favorite startups:
Zynga, Facebook, Groupon, Skype
What’s most frustrating and rewarding about entrepreneurship/innovation?
The most frustrating thing is that things never move as quickly as you want them to. Everything needs to be done yesterday, but it is not until the day after tomorrow that things get done (usually). The most rewarding thing is validating your original hypothesis that a business idea/concept would work and seeing your goals met or exceeded, which is usually part of the validation
What’s the No. 1 mistake entrepreneurs make?
They do not properly plan for the multitude of things that can and will go wrong from small things like support to large things like revamping the entire business model.
What are the top three lessons you’ve learned as an entrepreneur?
I’ve learned that my vision is not always the right vision and I need to be flexible and change if necessary. I’ve also learned that not everything can be done by me and a successful business must be run by many. In addition, I’ve learned that change is the only constant and that if you’re not able to adapt to change, you will not be successful.
