Today's Entrepreneur: Peter Ma

No. 1 mistake: Funding will 'solve' all their problems

Today's Entrepreneur is Peter Ma, co-founder of Spotvite. According to his VEQ Peter is good at team motivation, technology design and marketting management.

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.

You can learn about Peter from his profile.  

I am a(n):

Entrepreneur

Companies I've founded or co-founded:
Social42, Paschar LLC, Spotvite

Companies I've invested in:
Social42, Paschar LLC, Spotvite

Startups I worked for:
Mitochon Systems, TRG, Casting Networks, Social42, Paschar LLC, Spotvite, Catch.com

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

My favorite startups:
Square, Twitter, Dolphin Browser

What's most frustrating and rewarding about entrepreneurship/innovation?
Most frustrating part is sometimes you don't know what the solution is for the adoption problems.
Most rewarding about innovation is when people appreciate the product you are making to solve their problems

What's the No. 1 mistake entrepreneurs make?
Funding will "solve" all their problems

What are the top three lessons you've learned as an entrepreneur?
1) The product is a representation of the entrepreneur, what other people see is how they see you, you have to represent your soul in your product.
2) There is always room for excellence
3) The worst case scenario for being an entrepreneur is when everything fails over and over, you will still have job offers jumping from left to right