Today's Entrepreneur: Henry Kim

Kristin Karaoglu · October 3, 2012 · Short URL: https://vator.tv/n/2aa2

No. 1 mistake: Focus on the things that are going to "make" your business

Today's Entrepreneur is Henry Kim, co-founder of sneakpeeq. Sneakpeeq is a new social shopping app on Facebook that brings the benefits of the in-store shopping experience online for both consumers and retailers.

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:
sneakpeeq, Inc.

Startups I worked for:
Black Mountain Equity, Red Mango, sneakpeeq, Inc.

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

My favorite startups:
sneakpeeq, Inc., Gilt, Facebook

What's most frustrating and rewarding about entrepreneurship/innovation?
As an entrepreneur, you always want to move fast. With limited resources, you may not be able to move as fast as you would like.

What's the No. 1 mistake entrepreneurs make?
Focus, focus, focus. As an entrepreneur, there are lot of things coming your way. People want to meet with you to invest, partner, or use our platform. Everything sounds great! But you really need to focus on the things that are going to "make" your business. Do things that will take your business to the next level; don't make emotional decisions.

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

1. Hire fast, fire fast
2. Figure out what's working and do more of it; don't spend time on things that are not working. I think it is common for people to fight the grain and try to improve things that are not working. As an entrepreneur, you have limited resources, so spend more time on the things that are working.
3. Don't make emotional decisions.

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Kristin Karaoglu

Woman of many skills: Database System Engineer; SplashX event producer; Author of Startup Teams

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Related Companies, Investors, and Entrepreneurs

sneakpeeq

Startup/Business

Joined Vator on September 1, 2011

sneakpeeq is a new social shopping app on Facebook that brings the benefits of the in-store shopping experience online for consumers and both large and boutique brands.

With sneakpeeq, consumers can:

shop for pre-release and in-season premium fashion apparel, accessories, cosmetics and gourmet food items from brands like Kate Spade, C.C. Skye, Halston and more
discover new must-haves by seeing what your friends are browsing
find fabulous deals by playing the “peeq” game to lower the price on items of interest (it’s like flipping over the price tag)
earn points for reward benefits, such as free shipping, exclusive deals and more!

sneakpeeq is already enabling hundreds of retailers and boutique brands to reach new audiences and create real sales on Facebook.

The app is available immediately by going to www.sneakpeeq.com and signing up through Facebook Connect.