Founder of SaaS Startup Fastboss Shares Their Top Insights
Last Updated: By TRUiC Team
Any entrepreneur can tell you, launching a startup is a learning process. Therefore, one of the best things you can do prior to launching a startup of your own is to learn from those who have blazed the trail. Rucan Minodora, founder of SaaS startup Fastboss, shared valuable insights during our interview that will inspire and motivate aspiring entrepreneurs.
What advice do you have for aspiring entrepreneurs?
“Being an entrepreneur is not always fun. If you're not prepared to do sometimes tedious tasks, then it's better to learn how to maintain the motivation of those who will do it for you. Being an entrepreneur is an adventure where you have to be able to attract more people but also pay them for the fun. It's a responsibility that often tires you out. Try to surround yourself with people to go to whenever you feel like your batteries are about to run out; otherwise, it's hard to be permanently self-motivated.”
What is the best method you've found to avoid burnout as an entrepreneur?
“I bought myself a good mattress and try to sleep qualitatively.”
What is your advice for coming up with a unique startup idea?
“Check out the competition to make sure there isn't something already in the market and observe how the world around you is changing to understand what's next. Come up with a solution when it's appropriate and only target the people you've made it for. Don't ask people who don't need your product; they will never understand you.”
What is your advice for overcoming challenges and failure?
“If something doesn't work out the way you want it to, it means you're either not doing the right thing, not partnering with the right people, or not pitching your product to the right people. If you're confident that your idea will make the world a better place, then find people who think the same, then go for it. Together the road to success is smoother.”
What is the biggest lesson you learned and what can aspiring entrepreneurs take from it?
“We have learned that there is no single rule for the success of an application. Every app has its own maturity period, during which time the market matures. Sometimes we have ideas that are too futuristic, and the market is not yet ready to accept them.”
What is the best advice you've ever received?
“I was talking to someone I was hoping to hear advice from about attracting investors. To which he told me that if I do what I set out to do and strive to get my first 1,000 customers, I will never need investors again. The app will sell itself.”
Next Steps:
- Check out Fastboss’ company profile!
- Hear startup stories from real founders on the Startup Savants podcast.
- Keep up with more startup companies by visiting our list of the top startups to watch.
- Form your own startup by reading our review of the best online incorporation services.
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