No. 1 mistake: Building a 'nice to have' and not a 'painkiller'
Vator’s community is the home to 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 entrepreneur, we'd like to hear from you.
Today’s entrepreneur is Reena Jadhav, CEO and founder of nuAlerts
According to her VEQ, Reena is a thought leader and is good at marketing management and team motivation
I am a(n): Entrepreneur
Name companies you've founded or co-founded:
Done, JobFlash, nuResume, nuAlerts
Name companies you've invested in:
JobFlash, nuResume, nuAlerts, nuVIPClub
Name startups you worked for:
Conduit, Done, JobFlash, nuAlerts, nuVIPClub
If you are an entrepreneur, why?
I want to change the world.
List your favorite startups:
SeeClickFix, ShopKick, nuVIPClub
What's most frustrating and rewarding about entrepreneurship/innovation?
Exhilarating to see positive impact of my ventures on those who most need change.
Frustrating and humbling to realize there isn't really a proven formula for start-up success. That even great ideas and products don't always get adopted or see success. But working 24/7 to create that "magic" formula for success over and over again has its own appeal for entrepreneurs like me.
What's the No. 1 mistake entrepreneurs make?
#1 Mistake - Underestimating - from how much to raise to how long something will take.
#2 Mistake - Building a "nice to have" and not a "painkiller". Insufficient customer research coupled with subjectivity and a dollop of short sightedness. But then again some great companies have emerged from just such a birthing ground...
#3 Mistake - Not course correcting fast enough.
What are the top three lessons you've learned as an entrepreneur?
1. Solve a Real Customer. Focus - Focus - Focus.
2. Business Model is key!
3. Hire the best and fire fast.
Read more from our "Today's Entrepreneur" series
Don’t be afraid to ask for help, it takes a village to create change.Read more...
Fundraising should be a tight process, it requires strategy and connectionsRead more...
Related Companies, Investors, and Entrepreneurs
Joined Vator on
HealthBootcamps is a platform for doctors to offer actionable affordable online health programs to 100 million Americans suffering from chronic disease.
Our health bootcamps are powered by Dr. Joel Kahn for heart health, Dr. Connealy for beating cancer, Dr. Vij for diabetes, Dr. Seibel for women's health and menopause, Dr. Comella for biohacking health and many more.
Joined Vator onReena Jadhav is a 4 time entrepreneur (Done.com, Conduit, JobFlash, Riiwards), now working on HealerPedia.com, start-up Advisor, and Investor with Valley incubators. Harvard MBA, Summa Cum Laude Wharton Business School.