Today's Entrepreneur: Jim Fowler

No. 1 mistake: Lack of focus

Today's Entrepreneur is Jim Fowler,  CEO, InfoArmy. InfoArmy is recruiting an army of global researchers to create Competitive Intelligence Reports on companies and their competitive eco-systems.

Jim Fowler was also the founder and CEO of Jigsaw, which was bought by Salesforce for $175 million in cash.

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:
Jigsaw, InfoArmy

Companies I've invested in:
Motista, Sensr.net

Startups I worked for:
NetGravity, Personify, Digital Impact

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

My favorite startups:
InfoArmy, uTest, Twitter, Square

What's most frustrating and rewarding about entrepreneurship/innovation?
Frustrating: The ups and downs. One minute you think you'll conquer the world and the next minute you think you've got a house of cards.

Rewarding: being able to take an idea and make it real. Nowhere can you do this faster and with less B.S. than the internet.

What's the No. 1 mistake entrepreneurs make?
Lack of focus.

What are the top three lessons you've learned as an entrepreneur?
1. Focus relentlessly. You can't solve all the world's problems at once.
2. Watch your cash closely. You can see cash problems coming a mile away.
3. Fix your hiring mistakes quickly.

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