Today's Entrepreneur: Tim Reeth

Meliza Solan Surdi · March 14, 2011 · Short URL: https://vator.tv/n/181c

No. 1 mistake: Failure to look at your service from the perspective of your target users...

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.

Today's entrepreneur is Tim Reeth, founder and CEO of Blasterous and Interoctavo. According to his VEQ, Tim is good at team motivation, product management, and marketing management.

I Am: An Entrepreneur

Name companies you've founded or co-founded:

Interoctavo, which owns Blasterous, Yafalla, LocalHow, Zozzer and a few others.

Name companies you've invested in:

Interoctavo

Name startups you worked for:

Greenlight.com, Streetfusion, Friendster

If you are an entrepreneur, why?

I want to change the world.

List your favorite startups:

Blasterous, Instagram, Outright

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

The most frustrating would have to be the challenge of not being able to move as fast as we'd like. The most rewarding would have to be daily sign-ups and returning users. There is nothing as validating or rewarding as people using your product.

What's the No. 1 mistake entrepreneurs make?

We make many mistakes and depending on the situation any one of those mistakes could be the N0. 1. I would have to say a consistently bad mistake is failure to look at your service from the perspective of your target users, who have no vested interest in its success. Do you have a product or service people need? Are you solving a problem? Be humble, receptive and never drink your own cool-aid.

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

1.) Finding the right team is job one. Without the right people, you are sunk.
2.) Perseverance pays off. Most over night successes took years.
3.) Have fun, stay positive and in love what you are doing. Entrepreneurship is a challenge and extremely taxing on all things (personal as well as professional), so do your best to enjoy the experience.