No.1 Mistake: Underestimating how much your life will revolve around your company
Today's Entrepreneur is Rachel Payne, CEO at FEM Inc. FEM Inc. operates prizma, a video engagement platform that offers video discovery and smart syndication powered by a robust content recommendations engine. Prizma makes it possible for any website to create an engaging video experience for their audience, quickly and easily.
Rachel Payne started FEM inc. when she realized that there was an enormous opportunity in entertainment for innovation. Payne got her MBA of Global Management, Public Management at Standford University last 2004.
FEM Inc. self-categorizes itself in these areas: Content Discovery Networks, Discovery, and Video.
Here's a little about Payne:
I am a(n): Entrepreneur
Companies I've founded or co-founded: inDplay, FEM Inc., Google.org
Companies I work or worked for: Google, IDG, Razorfish, Hotwire, eBay
Achievements (products built, personal awards won): Won Google's first award at Mobile World Congress 2010
If you are an entrepreneur, why? I want to change the world.
My favorite startups: Hop Skip Drive, Minted, Lyft, Airbnb, Zingy, Zeel
What's the No. 1 mistake entrepreneurs make?
Underestimating how much your life will revolve around your company and how challenging it is to start, run, and successfully scale a startup venture.
What are the top three lessons you've learned as an entrepreneur?1. Being an entrepreneur is the hardest work you will ever love.
2. Find amazing co-founders, they will be your family.
3. When you are not able to sleep at night because your idea is so exciting and you are not able to focus on anything else, it's time to leave your job and start your company.