Vitality_health_101918_register_728px

Today's Entrepreneur

1303

Today's entrepreneur: Matt Malden

No.1 mistake: Not validating a business model by getting customers to pay before a product is built

Innovation series by Meliza Solan Surdi
January 19, 2011
Short URL: http://vator.tv/n/1609

Vator's community is the home of 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 entreprenener, we'd like to hear from you.

Today's entrepreneur is Matt Malden, founder and CEO of Yield Software.

 

 

I Am: A first-time entrepreneur 
 
Name companies you've founded or co-founded:

Yield Software

Name startups you worked for:

Yield Software

If you are an entrepreneur, why?

I want to invent something cool.

List your favorite startups:

Google (back in the day), Facebook, Zuora

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

Testing business models and product functionality is a continuous game of trial and error. Be ready for lots of bumps along the road to finding the right ingredients for success.

What's the No. 1 mistake entrepreneurs make?

Validating an idea and business model by getting charter customers to pay for the product before it is even built.

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

1. Its all about the minimum viable product
2. Hire the best people you can find and they almost always come through your network
3. The best product doesn't always win, but it sure helps

 


Related companies, investors and entrepreneurs

Doc_placeholder
Yield Software, Inc.
Startup/Business
Description: Yield Software's complete Yield Web Marketing Suite for Business and for Agencies includes a Paid Search Optimizer for management of PPC ...

Related news

Splashx_precision_health_register_320px_vitality_121818

Featured Stories

Get-listed-300x250

Other episodes of this series

Today's Entrepreneur: Emi Gal

181111122734210

Today's Entrepreneur

by Steven Loeb
The quality of the startup is directly proportional with the quality of the team 

Today's Entrepreneur: Richard Hamilton

19607

Today's Entrepreneur

by Kristin Karaoglu
Don't underestimate the amount of time, money, energy that will be required to fulfill your vision

Today's Entrepreneur: Rephael Sweary

Z1roubux5twauuewghpt

Today's Entrepreneur

by Steven Loeb
It is my belief that entrepreneurship is not a job, it’s your being

Today's Entrepreneur: Peter Colis

19587

Today's Entrepreneur

by Steven Loeb
The most rewarding thing about entrepreneurship is building an A+ team

Today's Entrepreneur: Heath Silverman

19589

Today's Entrepreneur

by Kristin Karaoglu
Set regular, clear and measurable goals; Trust your instincts
Vatorx1