Today's Entrepreneur: Matt Hill

Meliza Solan Surdi · February 28, 2011 · Short URL: https://vator.tv/n/1782

No. 1 mistake: Overspend and try and grow too quickly

Entrepreneurs often live unstable lives. But as they courageously take risks, they'll make several mistakes which become valuable lessons for the rest of us.

They have their ups and downs. But at the end of the day, these creative daredevils are the ones who are changing the world.

Within our community you will find a number of talented entrepreneurs.

We've just created new profiles for our Vator members to share their story. So if you are a first-time, serial, or even an aspiring entrepreneur, we'd like to hear from you.

Today's entrepreneur is Matt Hill, CEO and founder of Webxu, Shopit, Eforce media, Hype Networks, and Adjuice. According to his VEQ, Matt is good at fund raising, finance management, and negotiating.

I Am: An Entrepreneur

Name companies you've founded or co-founded:

eforce media, hype networks, shopit.com, adjuice, webxu

Name companies you've invested in:

superdudes, intermix media, reunion.com, mylife, demand media, virnetx, consumer direct, vator.tv

If you are an entrepreneur, why?

Serendipitously fell into it...

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

most frustrating is falling on your ass and getting back up over and over, but most rewarding having faith in the bigger picture. its a long road, gotta have thick skin, through good markets, bad markets, good ideas with bad management, to bad ideas with experienced management, i learned how to navigate quick by failing quick

What's the No. 1 mistake entrepreneurs make?

overspend and try and grow to quick, after having achieved some success, like raising money or making some money in the business.

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

1) stay cheap
2) tuesdays are always better than mondays
3) its all about the people you work with